Reported Earnings • Aug 04
First quarter 2027 earnings released: EPS: JP¥150 (vs JP¥148 in 1Q 2026) First quarter 2027 results: EPS: JP¥150. Revenue: JP¥492.7b (up 3.0% from 1Q 2026). Net income: JP¥142.7b (down 1.8% from 1Q 2026). Profit margin: 29% (down from 30% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to remain flat. Tillkännagivande • Aug 01
Central Japan Railway Company Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2027 Central Japan Railway Company provided consolidated earnings guidance for the fiscal year ending March 31, 2027. For the year, on consolidated basis, the company expects Operating revenues to be JPY 1,993,000 Million, Operating income to be JPY 702,000 Million, Net income attributable to owners of the parent to be JPY 447,000 Million, and Net income per share - basic to be JPY 470.05. Declared Dividend • Jul 26
Final dividend of JP¥16.00 announced Shareholders will receive a dividend of JP¥16.00. Ex-date: 29th September 2026 Payment date: 1st December 2026 Dividend yield will be 78%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 7.7% over the next 3 years. However, it would need to fall by 94% to increase the payout ratio to a potentially unsustainable range. Tillkännagivande • Jun 04
Central Japan Railway Company to Report Q1, 2027 Results on Jul 31, 2026 Central Japan Railway Company announced that they will report Q1, 2027 results on Jul 31, 2026 Board Change • May 21
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Joseph Schmelzeis was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 29
Central Japan Railway Company, Annual General Meeting, Jun 23, 2026 Central Japan Railway Company, Annual General Meeting, Jun 23, 2026. Tillkännagivande • Feb 21
Central Japan Railway Company to Report Fiscal Year 2026 Results on Apr 28, 2026 Central Japan Railway Company announced that they will report fiscal year 2026 results on Apr 28, 2026 Tillkännagivande • Feb 03
Central Japan Railway Company Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026 Central Japan Railway Company provided consolidated and non-consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, on consolidated basis, the company expects Operating revenues to be JPY 1,969,000 Million, Operating income to be JPY 778,000 Million, Net income attributable to owners of the parent to be JPY 502,000 Million, and Net income per share - basic to be JPY 517.98. On non-consolidated basis, the company operating revenues to be JPY 1,638,000 million. Operating income to be JPY 734,000 million. Net income to be JPY 474,000 million. Basic net income per share to be JPY 488.58. Tillkännagivande • Dec 04
Central Japan Railway Company to Report Q3, 2026 Results on Feb 02, 2026 Central Japan Railway Company announced that they will report Q3, 2026 results on Feb 02, 2026 Tillkännagivande • Oct 30
Central Japan Railway Company Announces Dividend for the Second Quarter-End of the Fiscal Year Ending March 31, 2026, Payable on December 1, 2025 Central Japan Railway Company announced dividend of JPY 16.00 per share for the second quarter-end of the fiscal year ending March 31, 2026 against JPY 15.00 per share paid a year ago. Expected Date of Dividend Payment Commencement is December 1, 2025. Tillkännagivande • Oct 29
Central Japan Railway Company Provides Consolidated and Nonconsolidated Earnings Guidance for the Year Ending March 31, 2026 Central Japan Railway Company provided consolidated and nonconsolidated earnings guidance for the year ending March 31, 2026. For the year, on consolidated basis, the company expects operating revenues to be JPY 1,937,000 million. Operating income to be JPY 746,000 million. Net income attributable to owners of the parent to be JPY 480,000 million. Basic net income per share to be JPY 493.58.
For the year, on nonconsolidated basis, the company expects operating revenues to be JPY 1,606,000 million. Operating income to be JPY 702,000 million. Net income to be JPY 452,000 million. Basic net income per share to be JPY 464.31. Tillkännagivande • Aug 14
Central Japan Railway Company to Report Q2, 2026 Results on Oct 29, 2025 Central Japan Railway Company announced that they will report Q2, 2026 results on Oct 29, 2025 Tillkännagivande • May 31
Central Japan Railway Company to Report Q1, 2026 Results on Jul 29, 2025 Central Japan Railway Company announced that they will report Q1, 2026 results on Jul 29, 2025 Tillkännagivande • May 01
Central Japan Railway Company (TSE:9022) announces an Equity Buyback for 45,000,000 shares, representing 4.57% for ¥100,000 million. Central Japan Railway Company (TSE:9022) announces a share repurchase program. Under the program, the company will repurchase up to 45,000,000 shares, representing 4.57% of its share capital, for ¥100,000 million. The purpose of the program is to enhance shareholders returns and improve capital efficiency. The program will expire on February 27, 2026. As of March 31, 2025, the company had 985,003,130 shares in issue (excluding treasury shares) and 44,996,870 shares in treasury. Tillkännagivande • Apr 30
Central Japan Railway Company, Annual General Meeting, Jun 25, 2025 Central Japan Railway Company, Annual General Meeting, Jun 25, 2025. Tillkännagivande • Feb 28
Central Japan Railway Company to Report Fiscal Year 2025 Results on Apr 30, 2025 Central Japan Railway Company announced that they will report fiscal year 2025 results on Apr 30, 2025 Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Joseph Schmelzeis was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 07
Central Japan Railway Company to Report Q3, 2025 Results on Feb 03, 2025 Central Japan Railway Company announced that they will report Q3, 2025 results on Feb 03, 2025 Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥116 (vs JP¥106 in 2Q 2024) Second quarter 2025 results: EPS: JP¥116 (up from JP¥106 in 2Q 2024). Revenue: JP¥438.6b (up 3.8% from 2Q 2024). Net income: JP¥113.9b (up 8.9% from 2Q 2024). Profit margin: 26% (up from 25% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 6.9% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.6%). Tillkännagivande • Aug 15
Central Japan Railway Company to Report Q2, 2025 Results on Oct 29, 2024 Central Japan Railway Company announced that they will report Q2, 2025 results on Oct 29, 2024 Reported Earnings • Aug 01
First quarter 2025 earnings released: EPS: JP¥122 (vs JP¥92.02 in 1Q 2024) First quarter 2025 results: EPS: JP¥122 (up from JP¥92.02 in 1Q 2024). Revenue: JP¥435.3b (up 10% from 1Q 2024). Net income: JP¥119.8b (up 32% from 1Q 2024). Profit margin: 28% (up from 23% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Tillkännagivande • Jul 17
Central Japan Railway Company (TSE:9022) agreed to acquire ADDIX Inc. Central Japan Railway Company (TSE:9022) agreed to acquire ADDIX Inc on July 4, 2024.
The expected completion of the transaction is August 1, 2024. Declared Dividend • Jul 11
Final dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 76%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 5.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 26
Full year 2024 earnings released: EPS: JP¥391 (vs JP¥223 in FY 2023) Full year 2024 results: EPS: JP¥391 (up from JP¥223 in FY 2023). Revenue: JP¥1.71t (up 22% from FY 2023). Net income: JP¥384.4b (up 75% from FY 2023). Profit margin: 23% (up from 16% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • May 01
Full year 2024 earnings released: EPS: JP¥391 (vs JP¥223 in FY 2023) Full year 2024 results: EPS: JP¥391 (up from JP¥223 in FY 2023). Revenue: JP¥1.71t (up 22% from FY 2023). Net income: JP¥384.4b (up 75% from FY 2023). Profit margin: 23% (up from 16% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Tillkännagivande • May 01
Central Japan Railway Company, Annual General Meeting, Jun 21, 2024 Central Japan Railway Company, Annual General Meeting, Jun 21, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.6%). Tillkännagivande • Mar 02
Central Japan Railway Company to Report Fiscal Year 2024 Results on Apr 30, 2024 Central Japan Railway Company announced that they will report fiscal year 2024 results on Apr 30, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥126 (vs JP¥85.07 in 3Q 2023) Third quarter 2024 results: EPS: JP¥126 (up from JP¥85.07 in 3Q 2023). Revenue: JP¥455.5b (up 18% from 3Q 2023). Net income: JP¥123.7b (up 48% from 3Q 2023). Profit margin: 27% (up from 22% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Tillkännagivande • Dec 07
Central Japan Railway Company to Report Q3, 2024 Results on Jan 30, 2024 Central Japan Railway Company announced that they will report Q3, 2024 results on Jan 30, 2024 Reported Earnings • Oct 31
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: JP¥422.5b (up 30% from 2Q 2023). Net income: JP¥104.5b (up 109% from 2Q 2023). Profit margin: 25% (up from 15% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Transportation industry in Europe. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥70.00 per share at 0.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 10% and the cash payout ratio is 78%. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.8%). Tillkännagivande • Aug 06
Central Japan Railway Company to Report Q2, 2024 Results on Oct 30, 2023 Central Japan Railway Company announced that they will report Q2, 2024 results on Oct 30, 2023 Reported Earnings • Jul 30
First quarter 2024 earnings released: EPS: JP¥460 (vs JP¥239 in 1Q 2023) First quarter 2024 results: EPS: JP¥460 (up from JP¥239 in 1Q 2023). Revenue: JP¥395.1b (up 28% from 1Q 2023). Net income: JP¥90.5b (up 93% from 1Q 2023). Profit margin: 23% (up from 15% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jun 01
Central Japan Railway Company to Report Q1, 2024 Results on Jul 28, 2023 Central Japan Railway Company announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: JP¥1,115 (vs JP¥264 loss in FY 2022) Full year 2023 results: EPS: JP¥1,115 (up from JP¥264 loss in FY 2022). Revenue: JP¥1.40t (up 50% from FY 2022). Net income: JP¥219.4b (up JP¥271.3b from FY 2022). Profit margin: 16% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 9% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥65.00 per share at 0.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.3%). Reported Earnings • Jan 31
Third quarter 2023 earnings released: EPS: JP¥425 (vs JP¥163 in 3Q 2022) Third quarter 2023 results: EPS: JP¥425 (up from JP¥163 in 3Q 2022). Revenue: JP¥385.0b (up 29% from 3Q 2022). Net income: JP¥83.7b (up 161% from 3Q 2022). Profit margin: 22% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Tillkännagivande • Dec 01
Central Japan Railway Company to Report Q3, 2023 Results on Jan 30, 2023 Central Japan Railway Company announced that they will report Q3, 2023 results on Jan 30, 2023 Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Outside Director Tsuyoshi Nagano was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥246 (vs JP¥81.37 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥246 (up from JP¥81.37 loss in 2Q 2022). Revenue: JP¥317.1b (up 54% from 2Q 2022). Net income: JP¥48.5b (up JP¥64.5b from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.4%). Tillkännagivande • Aug 31
Central Japan Railway Company to Report Q2, 2023 Results on Oct 31, 2022 Central Japan Railway Company announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥239 (vs JP¥145 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥239 (up from JP¥145 loss in 1Q 2022). Revenue: JP¥309.3b (up 71% from 1Q 2022). Net income: JP¥47.0b (up JP¥75.4b from 1Q 2022). Profit margin: 15% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 37%, compared to a 9.7% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Tillkännagivande • May 28
Central Japan Railway Company to Report Q1, 2023 Results on Jul 27, 2022 Central Japan Railway Company announced that they will report Q1, 2023 results on Jul 27, 2022 Reported Earnings • Apr 28
Full year 2022 earnings released: JP¥264 loss per share (vs JP¥1,025 loss in FY 2021) Full year 2022 results: JP¥264 loss per share (up from JP¥1,025 loss in FY 2021). Revenue: JP¥935.1b (up 14% from FY 2021). Net loss: JP¥51.9b (loss narrowed 74% from FY 2021). Over the next year, revenue is forecast to grow 55%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (5.0%). Tillkännagivande • Feb 25
Central Japan Railway Company to Report Fiscal Year 2022 Results on Apr 26, 2022 Central Japan Railway Company announced that they will report fiscal year 2022 results on Apr 26, 2022 Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥163 (up from JP¥10.55 in 3Q 2021). Revenue: JP¥299.4b (up 13% from 3Q 2021). Net income: JP¥32.1b (up JP¥30.1b from 3Q 2021). Profit margin: 11% (up from 0.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.4%. Over the next year, revenue is forecast to grow 50%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 28
Second quarter 2022 earnings released: JP¥81.37 loss per share (vs JP¥208 loss in 2Q 2021) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥206.3b (down 1.4% from 2Q 2021). Net loss: JP¥16.0b (loss narrowed 61% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (4.2%). Reported Earnings • Aug 03
First quarter 2022 earnings released: JP¥145 loss per share (vs JP¥370 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥180.6b (up 40% from 1Q 2021). Net loss: JP¥28.4b (loss narrowed 61% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 27
Full year 2021 earnings released: JP¥1,025 loss per share (vs JP¥2,028 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥823.5b (down 55% from FY 2020). Net loss: JP¥201.6b (down 151% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 29
Full year 2021 earnings released: JP¥1,025 loss per share (vs JP¥2,028 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥823.5b (down 55% from FY 2020). Net loss: JP¥201.6b (down 151% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (6.0%). Tillkännagivande • Mar 04
Central Japan Railway Company to Report Fiscal Year 2021 Results on Apr 27, 2021 Central Japan Railway Company announced that they will report fiscal year 2021 results on Apr 27, 2021 Is New 90 Day High Low • Feb 20
New 90-day high: €138 The company is up 20% from its price of €115 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.64 per share. Is New 90 Day High Low • Feb 04
New 90-day high: €125 The company is up 17% from its price of €107 on 06 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Transportation industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.20 per share. Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥10.55 (vs JP¥665 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥265.2b (down 46% from 3Q 2020). Net income: JP¥2.07b (down 98% from 3Q 2020). Profit margin: 0.8% (down from 27% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 02
Revenue misses expectations Revenue missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 34% compared to a 6.7% decline forecast for the Transportation industry in Germany. Tillkännagivande • Nov 28
Central Japan Railway Company to Report Q3, 2021 Results on Jan 29, 2021 Central Japan Railway Company announced that they will report Q3, 2021 results on Jan 29, 2021 Reported Earnings • Nov 13
Second quarter 2021 earnings released: JP¥208 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥209.2b (down 57% from 2Q 2020). Net loss: JP¥40.9b (down 132% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 13
Revenue beats expectations Revenue exceeded analyst estimates by 12%. Over the next year, revenue is forecast to grow 2.5% compared to a 8.5% decline forecast for the Transportation industry in Germany. Is New 90 Day High Low • Nov 02
New 90-day low: €105 The company is down 3.0% from its price of €108 on 04 August 2020. The German market is down 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Transportation industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.48 per share. Reported Earnings • Oct 30
First half earnings released Over the last 12 months the company has reported total profits of JP¥26.8b, down 94% from the prior year. Total revenue was JP¥1.23t over the last 12 months, down 36% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 30
Semi-annual earnings released: Revenue beats expectations Semi-annual revenue exceeded analyst estimates by 12% at JP¥337.9b. Revenue is forecast to grow 2.6% over the next year, compared to a 8.4% decline forecast for the Transportation industry in Germany. Tillkännagivande • Aug 30
Central Japan Railway Company to Report Q2, 2021 Results on Oct 28, 2020 Central Japan Railway Company announced that they will report Q2, 2021 results on Oct 28, 2020 
