ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Transportation

West Japan Railway Co.

Business Summary

West Japan Railway Co. engages in the railway transportation business. It operates through the following segments: Transportation, Distribution, Real Estate, and Other Businesses. The Transportation segment provides railway, bus, and ferry services. The Distribution segment operates department stores, restaurants, retail, and wholesale shops. The Real Estate segment sells and leases properties, and manages shopping centers. The Other Businesses segment includes hotels, travel agencies, advertising, and construction services. The company was founded on April 1, 1987 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue1,031.10B9,175.74M
Gross Profit30,213M268.86M
Operating income-119,092M-1,059.79M
Income before tax-105,573M-939.48M
Net income-113,197M-1,007.33M
EBITDA42,973M382.41M
Diluted EPS-516.06-4.59
Dividends Per Share1000.88
Total Assets3,702.42B30,503.98M
Total liabilities2,628.20B21,653.58M
Total equity968,939M7,983.01M
Operating cash flow-86,468M-769.47M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,500.44B 1,529.30B 1,508.20B 920,046M 1,031.10B
Gross Profit 375,229M 388,613M 363,892M -91,328M 30,213M
Operating income 191,367M 196,947M 160,628M -245,507M -119,092M
Income before tax 170,679M 157,173M 140,662M -274,702M -105,573M
Net income 110,494M 102,750M 89,381M -233,166M -113,197M
EBITDA 356,129M 361,332M 332,273M -70,842M 42,973M
Diluted EPS 570.71 533.31 466.88 -1,219.46 -516.06
Dividends Per Share 160 175 182.50 100 100
Total Assets 3,071.82B 3,237.59B 3,275.25B 3,477.38B 3,702.42B
Total liabilities 1,955.52B 2,057.73B 2,052.14B 2,521.12B 2,628.20B
Total equity 1,020.96B 1,079.59B 1,118.02B 853,053M 968,939M
Operating cash flow 275,101M 289,728M 240,152M -103,295M -86,468M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 13,537.96M 13,790.63M 13,871.60M 8,674.98M 9,175.74M
Gross Profit 3,385.55M 3,504.34M 3,346.87M -861.11M 268.86M
Operating income 1,726.63M 1,775.98M 1,477.36M -2,314.84M -1,059.79M
Income before tax 1,539.97M 1,417.31M 1,293.73M -2,590.12M -939.48M
Net income 996.94M 926.55M 822.07M -2,198.48M -1,007.33M
EBITDA 3,213.22M 3,258.33M 3,056.06M -667.95M 382.41M
Diluted EPS 5.14 4.80 4.29 -11.49 -4.59
Dividends Per Share 1.44 1.57 1.67 0.94 0.88
Total Assets 28,884.14M 29,250.54M 30,339.09M 31,469.52M 30,503.98M
Total liabilities 18,387.60M 18,590.87M 19,009.26M 22,815.56M 21,653.58M
Total equity 9,600.00M 9,753.79M 10,356.40M 7,719.93M 7,983.01M
Operating cash flow 2,482.13M 2,612.64M 2,208.78M -973.95M -769.47M

Valuation Measures

Mar 2022
PER--
ROA-3.15%
ROE-12.42%
Operating margin-11.54%
Profit margin-10.97%

Key executives

  • President & Representative Director: Kazuaki Hasegawa
  • Representative Director & Vice President: Shoji Kurasaka
  • Representative Director & Vice President: Keijiro Nakamura
  • Representative Director, VP & Executive Officer: Fumito Ogata
  • Executive Officer & Manager-Technology Planning: Eiji Tsubone

Shareholders

  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.9%)
  • Nomura Asset Management Co., Ltd. (3.6%)
  • The Vanguard Group, Inc. (2.4%)
  • Sumitomo Mitsui Financial Group, Inc. (1.8%)
  • Mitsubishi UFJ Financial Group, Inc. (1.8%)
  • BlackRock Fund Advisors (1.7%)
  • Nippon Life Insurance Co. (1.6%)
  • Daiwa Asset Management Co. Ltd. (1.6%)
  • Nikko Asset Management Co., Ltd. (1.5%)
  • JR West Employee Stock Ownership Plan (1.4%)

Contact Details

Related Companies

  • West Japan Railway Restricted Stock Compensation Plan
  • JR West Customer Relations Co., Ltd.
  • JR West Financial Management Co., Ltd.
  • JR West Japan General Building Service Co., Ltd.
  • JR West Japan Transportation Service Co., Ltd.
  • JR West YONAGO MAINTEC Co., Ltd.
  • JR West OKAYAMA MAINTEC Co., Ltd.
  • JR West Kanazawa Mentec Co., Ltd.
  • JR West MAINTEC Co., Ltd.
  • West Japan Electric Technologies Co., Ltd.
  • Nishinihon Electric System Co., Ltd.
  • West Japan Railway Shinkansen Technology Corp.
  • West Japan Railway Techsia Co., Ltd.
  • West Japan Railway Rent-A-Car & Lease Co., Ltd.
  • Chugoku SC Development Co.
  • Sanyo SC Development Co., Ltd.
  • Wakayama Station Building Co., Ltd.
  • JR West Japan Shopping Center Development Co.
  • JR West Osaka Development Co., Ltd.
  • Osaka Terminal Building Co., Ltd.
  • West Japan Railway Sanin Development Co.
  • Japan Railway Service Net Fukuoka Co.
  • Japan Railway Service Net Hiroshima Co.
  • Japan Railway Service Net Okayama Co.
  • Sagano Scenic Railway Co., Ltd.
  • JR West Properties Co., Ltd.
  • JR West Innovations Co., Ltd.
  • Ryoju Properties KK
  • Gomangoku Chisatosanso KK
  • Nara Hotel KK

Competitors

  • Central Japan Railway Company
  • Open Door, Inc.
Last Updated on 7 Dec, 2022

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more