Kyushu Railway Company · TSE:9142
Kyushu Railway — Q1 FY20.3 Earnings Presentation
21 slides from Kyushu Railway's earnings presentation, Aug 5, 2019
Slide 1: FY20.3 Financial Results Overview, First Quarter
FY20.3 Financial Results Overview, First Quarter August 5, 2019 Kyushu Railway Company
Slide 2: Contents
Contents Ⅰ Financial Results for the Three-month Period Ended June 30, 2019 3 Ⅱ Forecasts for FY20.3 10 Ⅲ Status of Initiatives for the Medium-Term Business Plan 14 2
Slide 3: Financial Results for the Three-month Period Ended June 30, 2019
Ⅰ. Financial Results for the Three-month Period Ended June 30, 2019 3
Slide 4: Consolidated Financial Highlights for the Three-Month Period Ended June 30, 2019
Consolidated Financial Highlights for the Three-Month Period Ended June 30, 2019 (Year on Year) Operating revenues up for the third consecutive year (record high) Operating income down for the second consecutive year Net income attributable to owners of the parent down for the second consecuti
Slide 5: Consolidated Income Statements
Consolidated Income Statements （\bil） 3 months ended 3 months ended June, 30 June, 30 YoY Major factors 2018 2019 Increase in revenue from railway transportation, Operating revenues 98.9 100.4 1.5 101.6% Increase in revenue from condominium sales (JR Kyushu), etc. Increase due to elimination of spec
Slide 6: Segment Information (Summary)
Segment Information 【Summary】(New segments) (\bil) 3 months 3 months ended ended YoY Major Factors June, 30 June, 30 2018 2019 Operating revenues 98.9 100.4 1.5 101.6% Transportation 42.8 44.1 1.3 103.0% Increase in revenues from railway transportation, Railway Business (non-consolidated) 40.6 41.9
Slide 7: Balance Sheet
Balance Sheet (\bil) 3 months ended Increase/ FY19.3 June 30, Major Factors (decrease) 2019 Total Assets 801.4 784.0 (17.4) Cash and time deposits 16.9 27.5 10.5 Short-tem securities 19.9 22.0 2.0 Money held in trust 56.9 51.1 (5.7) Redemption of domestic bonds, etc. Property, plant and equipment 46
Slide 8: Non-consolidated Income Statements
Non-consolidated Income Statements (\bil) 3 months ended 3 months ended YoY Major Factors June 30, 2018 June 30, 2019 Operating revenues 49.5 51.3 1.7 103.5% Railway transportation Longer Golden Week holiday period, revenues 36.8 37.8 0.9 102.6% operations resumed on the Kyudai Main Line, etc. Other
Slide 9: Railway business
Railway business Transportation Revenues (\bil) 3 months ended 3 months ended YoY Major Factors June 30, 2018 June 30, 2019 Total 36.8 37.8 0.9 102.6% Commuter pass 8.3 8.3 (0.0) 99.1% Non-commuter pass 28.4 29.5 1.0 103.7% Shinkansen 13.1 13.3 0.2 101.5% ・Basic trend (approx. 101% ) ・Increase due t
Slide 10: Forecasts for FY20.3
II. Forecasts for FY20.3 10
Slide 11: Consolidated Financial Highlights for FY20.3
Consolidated Financial Highlights for FY20.3 (\bil) Results Forecasts YoY FY19.3 FY20.3 Operating revenues 440.3 442.3 1.9 100.4% Operating income 63.8 56.6 (7.2) 88.6% Net income attributable to 66.5 57.2 (9.3) 86.0% owners of the parent Net income attributable to 49.2 42.5 (6.7) 86.3% owners of th
Slide 12: Consolidated Financial Forecasts (By Segment) (New Segments)
Consolidated Financial Forecasts (By Segment) (New Segments) (\bil) Results Forecasts YoY Major Factors FY19.3 FY20.3 Operating revenues 440.3 442.3 1.9 100.4% Transportation 181.8 180.4 (1.4) 99.2% Decrease due to revision of method of recording revenues and expenses related tocompensated construct
Slide 13: Non-consolidated Financial Forecasts
Non-consolidated Financial Forecasts (\bil) Results Forecasts YoY Major Factors FY19.3 FY20.3 Operating revenues 221.9 220.4 (1.5) 99.3% Railway transportation Increase due to leap year and rebound from heavy rain in July 2018, etc. revenues 151.4 152.8 1.3 100.9% Shinkansen 54.9 55.7 0.7 101.3% Bas
Slide 14: Status of Initiatives for the Medium-Term Business Plan
Ⅲ. Status of Initiatives for the Medium-Term Business Plan 14
Slide 15: Position and Priority Initiatives of the JR Kyushu Group Medium-Term Business Plan 2019-2021
Position and Priority Initiatives of the JR Kyushu Group Medium-Term Business Plan 2019-2021 15
Slide 16: Build Sustainable Railway Services by Improving Earnings
Build Sustainable Railway Services by Improving Earnings Pursue further earnings opportunities Promoting “Design & Story” trains through “Japan Travel Planner” Promote tourism demand, advance city-building initiatives that leverage the appeal of railways Promotion of tourism demand through the “Go
Slide 17: Implement Strategic City-Building Initiatives in the regions around our business areas
Implement Strategic City-Building Initiatives in the regions around our business areas Implement active business development in the THE BLOSSOM HAKATA Premier Fukuoka Metropolitan Area Advance initiatives to maximize city value through Establishment of the Hakata Station Area further development in
Slide 18: Growth and Evolution in New Areas
Growth and Evolution in New Areas Leverage strengths developed in Kyushu THE BLOSSOM HIBIYA MJR/RJR Sakaisuji Hommachi Tower In business areas that are expected to be competitive, implement business development initiatives outside of Kyushu Planned opening of new hotel — THE BLOSSOM HIBIYA — in Mi
Slide 19: Growth and Evolution in New Areas
Growth and Evolution in New Areas Take on the challenge of new mobility services (MaaS) Advance initiatives with other transportation companies Concluded a business alliance agreement with DAIICHI KOUTSU SANGYO Co., Ltd., with a focus on the development of integrated mobility services based on the
Slide 20: Further Strengthen Our Management Foundation
Further Strengthen Our Management Foundation Establishment of the Nomination and Compensation Advisory Committee (announced March 19, 2019) The Compensation Advisory Committee was established in 2016 with the objective of enhancing the objectivity and transparency of procedures related to officer
Slide 21: Forward-Looking Statements
Forward-Looking Statements These materials contain forward-looking statements concerning business forecasts, targets, etc. of the JR Kyushu Group. The Company decided on these forward-looking statements based on the available information, as well as Company estimates and assumptions, at the time the
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