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 2023	JPY	USD
Revenue	1,395.53B	10,297.79M
Gross Profit	268,698M	1,982.75M
Operating income	85,679M	632.23M
Income before tax	72,873M	537.73M
Net income	88,529M	653.26M
EBITDA	245,334M	1,810.34M
Diluted EPS	363.25	2.68
Dividends Per Share	125	0.92
Total Assets	3,735.50B	28,067.52M
Total liabilities	2,591.19B	19,469.47M
Total equity	1,034.47B	7,772.76M
Operating cash flow	273,964M	2,021.61M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	1,529.30B	1,508.20B	920,046M	1,031.10B	1,395.53B
Gross Profit	388,613M	363,892M	-91,328M	30,213M	268,698M
Operating income	196,947M	160,628M	-245,507M	-119,092M	85,679M
Income before tax	157,173M	140,662M	-274,702M	-105,573M	72,873M
Net income	102,750M	89,381M	-233,166M	-113,197M	88,529M
EBITDA	361,332M	332,273M	-70,842M	42,973M	245,334M
Diluted EPS	533.31	466.88	-1,219.46	-516.06	363.25
Dividends Per Share	175	182.50	100	100	125
Total Assets	3,237.59B	3,275.25B	3,477.38B	3,702.42B	3,735.50B
Total liabilities	2,057.73B	2,052.14B	2,521.12B	2,628.20B	2,591.19B
Total equity	1,079.59B	1,118.02B	853,053M	968,939M	1,034.47B
Operating cash flow	289,728M	240,152M	-103,295M	-86,468M	273,964M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	13,790.63M	13,871.60M	8,674.98M	9,175.74M	10,297.79M
Gross Profit	3,504.34M	3,346.87M	-861.11M	268.86M	1,982.75M
Operating income	1,775.98M	1,477.36M	-2,314.84M	-1,059.79M	632.23M
Income before tax	1,417.31M	1,293.73M	-2,590.12M	-939.48M	537.73M
Net income	926.55M	822.07M	-2,198.48M	-1,007.33M	653.26M
EBITDA	3,258.33M	3,056.06M	-667.95M	382.41M	1,810.34M
Diluted EPS	4.80	4.29	-11.49	-4.59	2.68
Dividends Per Share	1.57	1.67	0.94	0.88	0.92
Total Assets	29,250.54M	30,339.09M	31,469.52M	30,503.98M	28,067.52M
Total liabilities	18,590.87M	19,009.26M	22,815.56M	21,653.58M	19,469.47M
Total equity	9,753.79M	10,356.40M	7,719.93M	7,983.01M	7,772.76M
Operating cash flow	2,612.64M	2,208.78M	-973.95M	-769.47M	2,021.61M

Valuation Measures

Mar 2023
PER	15.02
ROA	2.38%
ROE	8.83%
Operating margin	6.13%
Profit margin	6.34%

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. (3.7%)
The Vanguard Group, Inc. (2.5%)
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%)
Norges Bank Investment Management (1.5%)

Contact Details

Website:http://www.westjr.co.jp
Address: 2-4-24 Shibata, Kita-Ku, Osaka, 530-8341, Japan
Phone: +81.6.6376.6060

Related Companies

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JR West Financial Management Co., Ltd.
JR West Japan General Building Service Co., Ltd.
JR West Japan Transportation Service Co., Ltd.
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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 26 May, 2023