Tobu Railway Future Growth

Future criteria checks 0/6

Tobu Railway's earnings are forecast to decline at 3.7% per annum while its annual revenue is expected to grow at 1.8% per year. EPS is expected to decline by 2.4% per annum. Return on equity is forecast to be 7.4% in 3 years.

Key information

-3.7%

Earnings growth rate

-2.39%

EPS growth rate

Transportation earnings growth	2.8%
Revenue growth rate	1.8%
Future return on equity	7.35%
Analyst coverage	Low
Last updated	04 Aug 2026

Recent future growth updates

Analysis Article • Feb 07

Earnings Beat: Tobu Railway Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Tobu Railway Co., Ltd. ( TSE:9001 ) just released its quarterly report and things are looking bullish. Tobu Railway...

Recent updates

Analysis Article • May 07

Earnings Beat: Tobu Railway Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Tobu Railway Co., Ltd. ( TSE:9001 ) just released its quarterly report and things are looking bullish. Tobu Railway...

Analysis Article • Jan 27

Tobu Railway Co., Ltd.'s (TSE:9001) Shares Lagging The Market But So Is The Business

Tobu Railway Co., Ltd.'s ( TSE:9001 ) price-to-earnings (or "P/E") ratio of 11.2x might make it look like a buy right...

Analysis Article • Jan 02

Returns On Capital At Tobu Railway (TSE:9001) Have Hit The Brakes

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Analysis Article • Dec 10

Is Tobu Railway (TSE:9001) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Analysis Article • Oct 11

Investors Don't See Light At End Of Tobu Railway Co., Ltd.'s (TSE:9001) Tunnel

When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Tobu...

Analysis Article • Aug 26

Returns At Tobu Railway (TSE:9001) Appear To Be Weighed Down

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...

Analysis Article • Jul 19

We Think Tobu Railway (TSE:9001) Is Taking Some Risk With Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Analysis Article • Jun 08

There Is A Reason Tobu Railway Co., Ltd.'s (TSE:9001) Price Is Undemanding

With a price-to-earnings (or "P/E") ratio of 11.5x Tobu Railway Co., Ltd. ( TSE:9001 ) may be sending bullish signals...

Analysis Article • May 22

The Returns At Tobu Railway (TSE:9001) Aren't Growing

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...

Analysis Article • Apr 11

Does Tobu Railway (TSE:9001) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Analysis Article • Mar 14

Tobu Railway's (TSE:9001) Dividend Will Be ¥20.00

Tobu Railway Co., Ltd. ( TSE:9001 ) has announced that it will pay a dividend of ¥20.00 per share on the 26th of June...

Analysis Article • Mar 01

Some Shareholders Feeling Restless Over Tobu Railway Co., Ltd.'s (TSE:9001) P/E Ratio

When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider Tobu...

Earnings and Revenue Growth Forecasts

TSE:9001 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2029	704,900	50,575	-2,302	N/A	4
3/31/2028	692,275	50,750	3,816	N/A	4
3/31/2027	678,825	56,700	13,236	N/A	4
6/30/2026	663,114	55,824	N/A	N/A	N/A
3/31/2026	655,435	55,620	-1,937	106,640	N/A
12/31/2025	648,904	57,183	N/A	N/A	N/A
9/30/2025	640,218	50,013	-18,111	96,368	N/A
6/30/2025	630,160	50,428	N/A	N/A	N/A
3/31/2025	631,461	51,330	-20,809	90,072	N/A
12/31/2024	627,723	49,082	N/A	N/A	N/A
9/30/2024	629,378	47,128	11,064	94,798	N/A
6/30/2024	628,503	46,766	N/A	N/A	N/A
3/31/2024	635,964	48,164	8,756	91,690	N/A
12/31/2023	634,133	41,820	N/A	N/A	N/A
9/30/2023	637,911	42,524	27,848	90,930	N/A
6/30/2023	633,100	36,460	N/A	N/A	N/A
3/31/2023	614,751	29,179	43,853	101,115	N/A
12/31/2022	585,626	29,564	N/A	N/A	N/A
9/30/2022	557,614	24,819	34,973	93,036	N/A
6/30/2022	533,118	19,679	N/A	N/A	N/A
3/31/2022	506,023	13,453	12,867	66,851	N/A
12/31/2021	501,835	9,135	N/A	N/A	N/A
9/30/2021	500,489	-864	12,791	71,524	N/A
6/30/2021	506,255	-8,891	N/A	N/A	N/A
3/31/2021	496,326	-24,965	-41,149	39,504	N/A
12/31/2020	518,032	-17,978	N/A	N/A	N/A
9/30/2020	548,579	-9,291	-70,331	27,942	N/A
6/30/2020	592,809	10,489	N/A	N/A	N/A
3/31/2020	653,874	35,530	N/A	101,136	N/A
12/31/2019	667,308	43,512	N/A	N/A	N/A
9/30/2019	671,030	45,306	N/A	109,626	N/A
6/30/2019	641,100	30,187	N/A	N/A	N/A
3/31/2019	617,543	28,024	N/A	88,191	N/A
12/31/2018	593,542	18,301	N/A	N/A	N/A
9/30/2018	568,125	17,361	N/A	84,489	N/A
6/30/2018	566,628	34,375	N/A	N/A	N/A
3/31/2018	569,519	36,025	N/A	91,967	N/A
12/31/2017	574,904	42,661	N/A	N/A	N/A
9/30/2017	574,231	42,559	N/A	98,960	N/A
6/30/2017	572,069	36,730	N/A	N/A	N/A
3/31/2017	568,887	36,137	N/A	87,470	N/A
12/31/2016	564,620	34,004	N/A	N/A	N/A
9/30/2016	566,080	31,234	N/A	76,580	N/A
6/30/2016	570,321	30,338	N/A	N/A	N/A
3/31/2016	574,334	27,277	N/A	78,114	N/A
12/31/2015	578,517	26,243	N/A	N/A	N/A
9/30/2015	585,447	28,307	N/A	83,935	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9001's earnings are forecast to decline over the next 3 years (-3.7% per year).

Earnings vs Market: 9001's earnings are forecast to decline over the next 3 years (-3.7% per year).

High Growth Earnings: 9001's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 9001's revenue (1.8% per year) is forecast to grow slower than the JP market (6.1% per year).

High Growth Revenue: 9001's revenue (1.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 9001's Return on Equity is forecast to be low in 3 years time (7.4%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/24 19:47
End of Day Share Price	2026/08/24 00:00
Earnings	2026/06/30
Annual Earnings	2026/03/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tobu Railway Co., Ltd. is covered by 11 analysts. 4 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
Yasuhito Tsuchiya	BofA Global Research
Akira Funae	Citigroup Inc
Ryota Himeno	J.P. Morgan

Tobu Railway Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 11%

Earnings Beat: Tobu Railway Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Price target decreased by 8.4% to JP¥3,000

Price target decreased by 8.4% to JP¥3,733

Consensus forecasts updated

Consensus forecasts updated

Recent updates

First quarter 2027 earnings released: EPS: JP¥72.59 (vs JP¥70.40 in 1Q 2026)

Final dividend of JP¥37.50 announced

High number of new directors

Tobu Railway Co., Ltd. to Report Q1, 2027 Results on Aug 04, 2026

Consensus EPS estimates increase by 11%

Tobu Railway's (TSE:9001) Earnings Are Of Questionable Quality

Full year 2026 earnings: EPS exceeds analyst expectations

Tobu Railway Co., Ltd., Annual General Meeting, Jun 23, 2026

Tobu Railway Co., Ltd. to Report Fiscal Year 2026 Results on Apr 30, 2026

Tobu Railway Co., Ltd. Announces Change Its Representative Directors, Effective April 1, 2026

Upcoming dividend of JP¥35.00 per share

Tobu Railway (TSE:9001) Is Increasing Its Dividend To ¥35.00

Third quarter 2026 earnings released: EPS: JP¥121 (vs JP¥82.37 in 3Q 2025)

Is Tobu Railway (TSE:9001) A Risky Investment?

The Return Trends At Tobu Railway (TSE:9001) Look Promising

Tobu Railway Co., Ltd. to Report Q3, 2026 Results on Feb 04, 2026

First half dividend of JP¥32.50 announced

Second quarter 2026 earnings released: EPS: JP¥51.16 (vs JP¥51.04 in 2Q 2025)

Tobu Railway Co., Ltd.'s (TSE:9001) Prospects Need A Boost To Lift Shares

Upcoming dividend of JP¥32.50 per share

Tobu Railway (TSE:9001) Will Pay A Dividend Of ¥32.50

Tobu Railway Co., Ltd. to Report Q2, 2026 Results on Nov 05, 2025

Tobu Railway (TSE:9001) Is Due To Pay A Dividend Of ¥32.50

Tobu Railway Co., Ltd. (TSE:9001) entered into a share transfer agreement to acquire an unknown minority stake in Kanaya Hotel Bakery Co., Ltd.

Tobu Railway's (TSE:9001) Dividend Will Be ¥32.50

First quarter 2026 earnings released: EPS: JP¥70.40 (vs JP¥72.04 in 1Q 2025)

Tobu Railway (TSE:9001) Will Pay A Dividend Of ¥32.50

Tobu Railway (TSE:9001) Has Announced A Dividend Of ¥32.50

Final dividend of JP¥32.50 announced

Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind

Tobu Railway Co., Ltd. to Report Q1, 2026 Results on Aug 05, 2025

Tobu Railway Co., Ltd.'s (TSE:9001) Low P/E No Reason For Excitement

Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind

Tobu Railway Co., Ltd. (TSE:9001) announces an Equity Buyback for 5,000,000 shares, representing 2.5% for ¥10,000 million.

Tobu Railway Co., Ltd., Annual General Meeting, Jun 24, 2025

We Think Tobu Railway (TSE:9001) Is Taking Some Risk With Its Debt

Upcoming dividend of JP¥27.50 per share

Earnings Beat: Tobu Railway Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Price target decreased by 8.4% to JP¥3,000

Third quarter 2025 earnings: EPS and revenues exceed analyst expectations

Tobu Railway Co., Ltd.'s (TSE:9001) Shares Lagging The Market But So Is The Business

Returns On Capital At Tobu Railway (TSE:9001) Have Hit The Brakes

Is Tobu Railway (TSE:9001) A Risky Investment?

Tobu Railway Co., Ltd. to Report Q3, 2025 Results on Feb 05, 2025

First half dividend of JP¥27.50 announced

Second quarter 2025 earnings released: EPS: JP¥51.04 (vs JP¥48.79 in 2Q 2024)

Investors Don't See Light At End Of Tobu Railway Co., Ltd.'s (TSE:9001) Tunnel

Upcoming dividend of JP¥25.00 per share

Tobu Railway Co., Ltd. to Report Q2, 2025 Results on Nov 06, 2024

Tobu Railway Co., Ltd. (TSE:9001) announces an Equity Buyback for 7,100,000 shares, for ¥17,622.2 million.

Returns At Tobu Railway (TSE:9001) Appear To Be Weighed Down

First quarter 2025 earnings released: EPS: JP¥72.04 (vs JP¥78.80 in 1Q 2024)

We Think Tobu Railway (TSE:9001) Is Taking Some Risk With Its Debt

Final dividend of JP¥25.00 announced

Full year 2024 earnings: EPS exceeds analyst expectations

Tobu Railway Co., Ltd. to Report Q1, 2025 Results on Aug 05, 2024

Price target decreased by 8.4% to JP¥3,733

There Is A Reason Tobu Railway Co., Ltd.'s (TSE:9001) Price Is Undemanding

New major risk - Revenue and earnings growth

The Returns At Tobu Railway (TSE:9001) Aren't Growing

Full year 2024 earnings: EPS exceeds analyst expectations

Tobu Railway Co., Ltd., Annual General Meeting, Jun 21, 2024

Does Tobu Railway (TSE:9001) Have A Healthy Balance Sheet?

Upcoming dividend of JP¥20.00 per share

Tobu Railway's (TSE:9001) Dividend Will Be ¥20.00

Tobu Railway Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2024

Some Shareholders Feeling Restless Over Tobu Railway Co., Ltd.'s (TSE:9001) P/E Ratio

Third quarter 2024 earnings released: EPS: JP¥70.33 (vs JP¥73.06 in 3Q 2023)

Tobu Railway Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024