Transportation

Central Japan Railway Co.

Business Summary

Central Japan Railway Co. engages in the operation of railway services. It operates through the following segments: Transportation, Merchandise, Real Estate, and Others. The Transportation segment involves railway and bus transportation services. The Merchandise segment manages department stores and also provides sales services of goods, and food in stations and trains. The Real Estate segment engages in the development of commercial facilities in stations and areas under elevated track columns. The Others segment manages hotels at major stations, travel business and advertising agencies. It also manufactures rolling stock and maintains, inspects and repairs railway facilities. The company was founded on April 1, 1987 and is headquartered in Nagoya, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	1,400.28B	10,332.87M
Gross Profit	552,438M	4,076.50M
Operating income	374,504M	2,763.51M
Income before tax	306,132M	2,258.98M
Net income	219,418M	1,619.11M
EBITDA	594,118M	4,384.06M
Diluted EPS	1,114.92	8.22
Dividends Per Share	135	0.99
Total Assets	9,514.40B	71,488.53M
Total liabilities	5,707.29B	42,882.98M
Total equity	3,759.25B	28,245.96M
Operating cash flow	486,706M	3,591.46M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	1,878.13B	1,844.64B	823,517M	935,139M	1,400.28B
Gross Profit	892,323M	837,227M	-36,067M	146,715M	552,438M
Operating income	709,775M	659,593M	-184,752M	1,709M	374,504M
Income before tax	630,271M	573,436M	-268,576M	-66,745M	306,132M
Net income	438,715M	397,881M	-201,554M	-51,927M	219,418M
EBITDA	921,037M	874,110M	14,610M	208,748M	594,118M
Diluted EPS	2,238.94	2,027.85	-1,025.45	-263.86	1,114.92
Dividends Per Share	145	150	130	130	135
Total Assets	9,295.74B	9,603.12B	9,600.37B	9,450.51B	9,514.40B
Total liabilities	5,787.67B	5,731.02B	5,913.75B	5,841.26B	5,707.29B
Total equity	3,471.29B	3,831.83B	3,642.51B	3,564.07B	3,759.25B
Operating cash flow	600,319M	595,227M	-169,354M	71,746M	486,706M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	16,936.22M	16,966.05M	7,764.82M	8,321.76M	10,332.87M
Gross Profit	8,046.58M	7,700.35M	-340.07M	1,305.61M	4,076.50M
Operating income	6,400.44M	6,066.57M	-1,741.99M	15.20M	2,763.51M
Income before tax	5,683.51M	5,274.14M	-2,532.36M	-593.96M	2,258.98M
Net income	3,956.14M	3,659.49M	-1,900.42M	-462.09M	1,619.11M
EBITDA	8,305.51M	8,039.58M	137.75M	1,857.64M	4,384.06M
Diluted EPS	20.18	18.65	-9.66	-2.34	8.22
Dividends Per Share	1.30	1.37	1.22	1.15	0.99
Total Assets	83,983.78M	88,954.89M	86,881.18M	77,862.15M	71,488.53M
Total liabilities	52,289.62M	53,087.12M	53,518.16M	48,125.76M	42,882.98M
Total equity	31,361.93M	35,494.73M	32,963.93M	29,364.19M	28,245.96M
Operating cash flow	5,413.41M	5,474.57M	-1,596.81M	638.46M	3,591.46M

Valuation Measures

Mar 2023
PER	14.18
ROA	2.31%
ROE	5.99%
Operating margin	26.74%
Profit margin	15.66%

Key executives

President & Representative Director: Shin Kaneko
Director & General Manager-General Technology: Toshio Otake
Representative Director, VP & Head-Technology: Shunichi Kosuge
Representative Director & Vice President: Hideyuki Shoji
Representative Director & Vice President: Yoshiki Suyama

Shareholders

Central Japan Railway Co. (4.3%)
Mizuho Financial Group, Inc. (3.8%)
MUFG Bank Pension Fund (3.4%)
Nomura Asset Management Co., Ltd. (2.9%)
Mitsubishi UFJ Financial Group, Inc. (2.6%)
Nippon Life Insurance Co. (2.4%)
The Vanguard Group, Inc. (2.3%)
Asset Management One Co., Ltd. (2.2%)
Norges Bank Investment Management (1.9%)
Japan Agricultural Cooperatives Group (1.6%)

Contact Details

Website:http://www.jr-central.co.jp
Address: JR Central Towers, 1-1-4 Meieki, Nagoya, 450-6101, Japan
Phone: +81.52.564.2620

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Competitors

West Japan Railway Company
East Japan Railway Company
Open Door, Inc.

Last Updated on 31 May, 2023