West Japan Railway Company

TSE:9021 Stock Report

Market Cap: JP¥1.6t

West Japan Railway Future Growth

Future criteria checks 0/6

West Japan Railway's earnings are forecast to decline at 0.8% per annum while its annual revenue is expected to grow at 2.7% per year. EPS is expected to grow by 0.07% per annum. Return on equity is forecast to be 8.9% in 3 years.

Key information

-0.8%

Earnings growth rate

0.07%

EPS growth rate

Transportation earnings growth-1.0%
Revenue growth rate2.7%
Future return on equity8.87%
Analyst coverage

Good

Last updated05 Aug 2025

Recent future growth updates

Recent updates

West Japan Railway Company Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Aug 07
West Japan Railway Company Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

West Japan Railway (TSE:9021) Has Announced A Dividend Of ¥43.00

Jul 23
West Japan Railway (TSE:9021) Has Announced A Dividend Of ¥43.00

West Japan Railway (TSE:9021) Will Pay A Dividend Of ¥43.00

Jul 09
West Japan Railway (TSE:9021) Will Pay A Dividend Of ¥43.00

Returns At West Japan Railway (TSE:9021) Appear To Be Weighed Down

Jul 08
Returns At West Japan Railway (TSE:9021) Appear To Be Weighed Down

Results: West Japan Railway Company Beat Earnings Expectations And Analysts Now Have New Forecasts

Jun 19
Results: West Japan Railway Company Beat Earnings Expectations And Analysts Now Have New Forecasts

Is West Japan Railway (TSE:9021) Using Too Much Debt?

Jun 10
Is West Japan Railway (TSE:9021) Using Too Much Debt?

West Japan Railway Company's (TSE:9021) Share Price Could Signal Some Risk

May 21
West Japan Railway Company's (TSE:9021) Share Price Could Signal Some Risk

The Returns On Capital At West Japan Railway (TSE:9021) Don't Inspire Confidence

Feb 19
The Returns On Capital At West Japan Railway (TSE:9021) Don't Inspire Confidence

Some Confidence Is Lacking In West Japan Railway Company's (TSE:9021) P/E

Jan 24
Some Confidence Is Lacking In West Japan Railway Company's (TSE:9021) P/E

West Japan Railway (TSE:9021) Takes On Some Risk With Its Use Of Debt

Jan 06
West Japan Railway (TSE:9021) Takes On Some Risk With Its Use Of Debt

West Japan Railway's (TSE:9021) Earnings May Just Be The Starting Point

Nov 08
West Japan Railway's (TSE:9021) Earnings May Just Be The Starting Point

West Japan Railway (TSE:9021) Hasn't Managed To Accelerate Its Returns

Oct 11
West Japan Railway (TSE:9021) Hasn't Managed To Accelerate Its Returns

We Think West Japan Railway (TSE:9021) Is Taking Some Risk With Its Debt

Sep 11
We Think West Japan Railway (TSE:9021) Is Taking Some Risk With Its Debt

Earnings and Revenue Growth Forecasts

TSE:9021 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20281,897,873119,06614,406N/A10
3/31/20271,858,309117,2652,158N/A11
3/31/20261,833,279119,492-54,187N/A11
6/30/20251,732,223124,528N/AN/AN/A
3/31/20251,707,944113,958-1,814281,431N/A
12/31/20241,686,378103,525N/AN/AN/A
9/30/20241,676,507101,32925,548288,459N/A
6/30/20241,668,533103,720N/AN/AN/A
3/31/20241,635,02398,76168,962318,314N/A
12/31/20231,615,008111,044N/AN/AN/A
9/30/20231,548,72891,15456,103319,041N/A
6/30/20231,467,65763,969N/AN/AN/A
3/31/20231,395,53188,52827,951273,964N/A
12/31/20221,275,95828,195N/AN/AN/A
9/30/20221,210,97419,953-134,46692,158N/A
6/30/20221,126,279-23,241N/AN/AN/A
3/31/20221,031,103-113,198-326,948-86,468N/A
12/31/2021983,118-125,393N/AN/AN/A
9/30/2021945,035-173,733-284,805-57,808N/A
6/30/2021936,763-188,588N/AN/AN/A
3/31/2021898,172-233,214-345,342-103,295N/A
12/31/20201,001,546-189,575N/AN/AN/A
9/30/20201,136,137-119,218-283,653-8,891N/A
6/30/20201,305,806-29,841N/AN/AN/A
3/31/20201,508,20189,380-25,000240,152N/A
12/31/20191,551,908122,078N/AN/AN/A
9/30/20191,554,354126,75039,614303,965N/A
6/30/20191,533,964106,713N/AN/AN/A
3/31/20191,529,308102,750N/A289,728N/A
12/31/20181,518,18699,810N/AN/AN/A
9/30/20181,510,32599,132N/A269,015N/A
6/30/20181,509,035114,300N/AN/AN/A
3/31/20181,500,445110,493N/A275,101N/A
12/31/20171,486,749107,210N/AN/AN/A
9/30/20171,468,148102,015N/A277,361N/A
6/30/20171,455,78998,460N/AN/AN/A
3/31/20171,441,41191,288N/A234,144N/A
12/31/20161,441,49280,608N/AN/AN/A
9/30/20161,442,25776,944N/A228,090N/A
6/30/20161,448,06683,743N/AN/AN/A
3/31/20161,451,30085,868N/A259,880N/A
12/31/20151,429,32384,838N/AN/AN/A
9/30/20151,408,19678,330N/A250,046N/A
6/30/20151,376,50268,223N/AN/AN/A
3/31/20151,350,33666,712N/A223,613N/A
12/31/20141,341,91884,534N/AN/AN/A
9/30/20141,340,37783,201N/A229,836N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9021's earnings are forecast to decline over the next 3 years (-0.8% per year).

Earnings vs Market: 9021's earnings are forecast to decline over the next 3 years (-0.8% per year).

High Growth Earnings: 9021's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 9021's revenue (2.7% per year) is forecast to grow slower than the JP market (4.3% per year).

High Growth Revenue: 9021's revenue (2.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9021's Return on Equity is forecast to be low in 3 years time (8.9%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/12 17:05
End of Day Share Price 2025/08/12 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

West Japan Railway Company is covered by 31 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.

AnalystInstitution
Takayuki HayanoBarclays
Yasuharu SugimuraBNP Paribas Securities (Asia)
Hironori NakakuraBofA Global Research