Central Japan Railway Past Earnings Performance

Past criteria checks 4/6

Central Japan Railway's earnings have been declining at an average annual rate of -20.1%, while the Transportation industry saw earnings growing at 10.3% annually. Revenues have been declining at an average rate of 8.1% per year. Central Japan Railway's return on equity is 8.8%, and it has net margins of 21.6%.

Key information

-20.1%

Earnings growth rate

-20.2%

EPS growth rate

Transportation Industry Growth	-9.5%
Revenue growth rate	-8.1%
Return on equity	8.8%
Net Margin	21.6%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Central Japan Railway makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

MUN:JAP0 Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Dec 23	1,654,151	357,527	174,498	0
30 Sep 23	1,583,691	317,547	170,012	0
30 Jun 23	1,486,034	262,965	167,309	0
31 Mar 23	1,400,285	219,417	163,298	0
31 Dec 22	1,267,901	141,058	155,228	0
30 Sep 22	1,182,329	89,476	151,142	0
30 Jun 22	1,063,853	23,515	146,978	0
31 Mar 22	935,139	-51,928	145,006	0
31 Dec 21	906,823	-102,388	144,148	0
30 Sep 21	872,578	-132,443	145,028	0
30 Jun 21	875,411	-157,345	147,703	0
31 Mar 21	823,517	-201,554	148,685	0
31 Dec 20	999,724	-101,732	157,561	0
30 Sep 20	1,226,924	26,782	165,042	0
30 Jun 20	1,502,023	193,904	170,219	0
31 Mar 20	1,844,647	397,881	177,634	0
31 Dec 19	1,918,427	451,151	185,103	0
30 Sep 19	1,915,621	451,521	184,309	0
30 Jun 19	1,901,270	447,378	185,184	0
31 Mar 19	1,878,137	438,715	182,548	0
31 Dec 18	1,855,370	431,420	178,767	0
30 Sep 18	1,840,622	419,375	178,215	0
30 Jun 18	1,833,040	399,978	177,351	0
31 Mar 18	1,822,039	395,502	178,288	0
31 Dec 17	1,812,519	401,560	175,341	0
30 Sep 17	1,789,780	398,785	173,702	0
30 Jun 17	1,771,007	404,686	171,562	0
31 Mar 17	1,756,980	392,913	169,282	0
31 Dec 16	1,745,058	368,195	167,874	0
30 Sep 16	1,744,882	356,714	166,177	0
30 Jun 16	1,747,151	346,549	165,125	0
31 Mar 16	1,738,409	337,440	158,223	0
31 Dec 15	1,731,608	303,747	133,431	22,172
30 Sep 15	1,715,322	292,830	136,908	22,172
30 Jun 15	1,689,115	278,043	138,032	22,172
31 Mar 15	1,672,295	264,134	146,196	22,172
31 Dec 14	1,659,213	275,396	151,513	18,931
30 Sep 14	1,655,032	263,118	148,672	18,931
30 Jun 14	1,655,462	255,400	147,851	18,931
31 Mar 14	1,652,547	255,686	144,396	18,931
31 Dec 13	1,631,944	258,275	138,571	18,454
30 Sep 13	1,610,265	245,309	141,296	18,454
30 Jun 13	1,599,348	222,247	139,353	18,454
31 Mar 13	1,585,319	199,971	137,338	18,454

Quality Earnings: JAP0 has high quality earnings.

Growing Profit Margin: JAP0's current net profit margins (21.6%) are higher than last year (11.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: JAP0's earnings have declined by 20.1% per year over the past 5 years.

Accelerating Growth: JAP0's earnings growth over the past year (153.5%) exceeds its 5-year average (-20.1% per year).

Earnings vs Industry: JAP0 earnings growth over the past year (153.5%) exceeded the Transportation industry 1.5%.

Return on Equity

High ROE: JAP0's Return on Equity (8.8%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/05 15:09
End of Day Share Price	2023/11/08 00:00
Earnings	2023/12/31
Annual Earnings	2023/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Central Japan Railway Company is covered by 34 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Takayuki Hayano	Barclays
Yasuharu Sugimura	BNP Paribas Securities (Asia)
Nathan Gee	BofA Global Research