Transportation

Nagoya Railroad Co., Ltd.

In the news

Foreign tourists enrich areas beyond Japan's sightseeing corridor May 26, 2019
Japanese private-rail ridership up 1.2% in April-Sept half Nov 17, 2016
Ridership at 22-year high on 16 Japanese railways May 18, 2016

Business Summary

Nagoya Railroad Co., Ltd. engages in the management of the local transportation network in the Chubu region. It operates through the following segments: Transportation, Freight, Real Estate, Leisure and Services, Distribution and Others. The Transportation segment provides transportation through railways, buses, and taxis. The Freight segment includes truck business and shipping services. The Real Estate segment includes real estate leasing and lot sales. The Leisure and Services segment includes hotels, tourist facilities, and travel agencies. The Distribution segment includes department store operations, merchandise sales, and petroleum products. The Others segment provides equipment maintenance, building management, and insurance agencies. The company was founded on June 25, 1894 and is headquartered in Nagoya, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	490,919M	4,368.66M
Gross Profit	46,007M	409.41M
Operating income	2,932M	26.09M
Income before tax	16,069M	142.99M
Net income	9,371M	83.39M
EBITDA	41,854M	372.45M
Diluted EPS	44.52	0.39
Dividends Per Share	12.50	0.11
Total Assets	1,186.89B	9,778.76M
Total liabilities	775,762M	6,391.44M
Total equity	383,324M	3,158.17M
Operating cash flow	39,320M	349.90M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	604,804M	622,567M	622,916M	481,645M	490,919M
Gross Profit	95,964M	99,560M	98,116M	27,414M	46,007M
Operating income	46,977M	49,456M	46,810M	-16,355M	2,932M
Income before tax	45,417M	46,120M	47,337M	-22,525M	16,069M
Net income	28,691M	30,457M	28,880M	-28,769M	9,371M
EBITDA	86,056M	90,040M	88,405M	23,352M	41,854M
Diluted EPS	136.30	144.70	137.21	-146.29	44.52
Dividends Per Share	27.50	27.50	25	0	12.50
Total Assets	1,120.62B	1,141.17B	1,164.97B	1,191.13B	1,186.89B
Total liabilities	731,062M	716,378M	726,574M	783,614M	775,762M
Total equity	360,339M	392,907M	403,771M	372,015M	383,324M
Operating cash flow	65,932M	67,404M	70,247M	19,685M	39,320M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	5,456.92M	5,614.03M	5,729.23M	4,541.36M	4,368.66M
Gross Profit	865.84M	897.78M	902.41M	258.48M	409.41M
Operating income	423.85M	445.97M	430.53M	-154.20M	26.09M
Income before tax	409.78M	415.89M	435.37M	-212.38M	142.99M
Net income	258.86M	274.64M	265.62M	-271.25M	83.39M
EBITDA	776.45M	811.94M	813.10M	220.18M	372.45M
Diluted EPS	1.22	1.30	1.26	-1.37	0.39
Dividends Per Share	0.24	0.24	0.22	0	0.11
Total Assets	10,537.11M	10,310.10M	10,791.33M	10,779.46M	9,778.76M
Total liabilities	6,874.11M	6,472.22M	6,730.34M	7,091.52M	6,391.44M
Total equity	3,388.23M	3,549.77M	3,740.17M	3,366.65M	3,158.17M
Operating cash flow	594.88M	607.82M	646.09M	185.60M	349.90M

Valuation Measures

Mar 2022
PER	45.54
ROA	0.78%
ROE	2.48%
Operating margin	0.59%
Profit margin	1.90%

Key executives

President & Representative Director: Hiroki Takasaki
Director & Head-Finance: Takuo Yoshikawa
Representative Director, EVP & Manager-Group Audit: Hideki Takagi
Representative Director, EVP & GM-Railway Business: Kiyomi Suzuki
Executive Officer & Finance Manager: Yukinaga Furuhashi

Shareholders

Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.4%)
Nomura Asset Management Co., Ltd. (2.9%)
Nippon Life Insurance Co. (2.5%)
The Vanguard Group, Inc. (2.5%)
Nikko Asset Management Co., Ltd. (1.5%)
Daiwa Asset Management Co. Ltd. (1.4%)
Mitsubishi UFJ Financial Group, Inc. (1.3%)
Norges Bank Investment Management (1.3%)
MS&AD Insurance Group Holdings, Inc. (1.2%)
BlackRock Fund Advisors (1.0%)

Contact Details

Website:http://www.meitetsu.co.jp
Address: 1-2-4 Meieki, Nakamura-Ku, Nagoya, 450-8501, Japan
Phone: +81.52.588.0846

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Competitors

Open Door, Inc.

Last Updated on 5 Oct, 2022