Kyushu Railway Company · TSE:9142
Kyushu Railway — Q1 FY2018/3 Earnings Presentation
19 slides from Kyushu Railway's earnings presentation, Aug 10, 2017
Slide 1: FY2018/3 Financial Results Overview, First Quarter
FY2018/3 Financial Results Overview, First Quarter August 10, 2017 Kyushu Railway Company 1
Slide 2: Contents
Contents Ⅰ Financial results for the first quarter of FY2018/3 3 Ⅱ Forecasts for FY2018/3 14 2
Slide 3: Financial results for the first quarter of FY2018/3
Ⅰ Financial results for the first quarter of FY2018/3 3
Slide 4: Consolidated Financial Highlights for the First Quarter of FY2018/3
Consolidated Financial highlights for the First Quarter of FY2018/3 (Year on Year) • Operating revenues increased due to a rise in railway transportation revenues owing to such factors as the dissipating impact from the 2016 Kumamoto earthquakes, in addition to higher revenues form condominium sales
Slide 5: Consolidated Income Statements
Consolidated Income Statements （Billions of yen） YoY 3 months ended 3 months ended Jun 30, 2016 Jun 30, 2017 Increase/ Major factors % (decrease) A B B-A B/A Railway transportation revenues +4.1 Operating revenues 79.4 94.6 15.1 119.1% Revenue from condominium sales +6.3 Condominium selling costs +5
Slide 6: Segment Information (Summary)
Segment Information (Summary) （Billions of yen） YoY 3 months ended 3 months ended Jun 30, 2016 Jun 30, 2017 Increase/ % (decrease) A B B-A B/A Operating revenues 79.4 94.6 15.1 119.1% Transportation 38.8 43.6 4.8 112.6% Construction 9.2 11.0 1.8 119.5% Real Estate 11.4 18.5 7.0 161.3% (Real Estate L
Slide 7: Segment Information ①
Segment Information ① ◆ Transportation Segment （Billions of yen） YoY 3 months ended 3 months ended Increase/ Jun 30, 2016 Jun 30, 2017 % (decrease) A B B-A B/A Operating revenues 38.8 43.6 4.8 112.6% Operating income 7.2 9.7 2.5 135.7% EBITDA 7.7 10.9 3.1 140.7% ◆ Construction Segment （Billions of y
Slide 8: Segment Information ②
Segment Information ② ◆ Real Estate Segment （Billions of yen） YoY 3 months ended 3 months ended Increase/ Jun 30, 2016 Jun 30, 2017 % (decrease) A B B-A B/A Operating revenues 11.4 18.5 7.0 161.3% Operating income 4.8 6.3 1.4 130.6% EBITDA 6.9 8.4 1.4 121.2% (Reprint) Real Estate Lease （Billions of
Slide 9: Segment Information ③
Segment Information ③ ◆ Retail and Restaurant Segment （Billions of yen） YoY 3 months ended 3 months ended Jun 30, 2016 Jun 30, 2017 Increase/ % (decrease) A B B-A B/A Operating revenues 23.8 24.9 1.0 104.6% Operating income 0.7 0.8 0.0 112.7% EBITDA 1.1 1.2 0.0 106.7% ◆ Other Segments （Billions of y
Slide 10: Financial Position (consolidated)
Financial Position (consolidated) （Billions of yen） As of March 31, Increase/ As of Jun 30, 2017 2017 (decrease) A B B-A Assets 676.6 661.0 (15.6) Current assets 198.6 176.0 (22.5) Non-current assets 478.0 484.9 6.9 Liabilities 328.2 305.5 (22.6) Current liabilities 134.9 114.0 (20.8) Non-current li
Slide 11: Non-consolidated Income Statements
Non-consolidated Income Statements （Billions of yen） YoY 3 months ended 3 months ended Increase/ Jun 30, 2016 Jun 30, 2017 % Major factors (decrease) A B B-A B/A Operating revenues 42.8 54.2 11.3 126.5% Revenue from condominium sales +6.3 (Railway transportation Dissipating impact from the 2016 Kuma
Slide 12: Non-consolidated Income Statements (Reprint)
Non-consolidated Income Statements (Reprint) （Billions of yen） YoY 3 months ended 3 months ended Jun 30, 2016 Jun 30, 2017 Increase/ % (decrease) A B B-A B/A Operating revenues 36.2 40.8 4.5 112.5% Railway business Operating expenses 28.9 31.1 2.1 107.4% Operating income 7.2 9.6 2.3 132.6% Operating
Slide 13: Railway Transportation Revenues and Performance of Transportation Volume
Railway Transportation Revenues and Performance of Transportation Volume （Billions of yen） YoY 3 months ended 3 months ended Transportation Revenues Increase/ Jun 30, 2016 Jun 30, 2017 % (decrease) A B B-A B/A Total 32.9 37.0 4.1 112.5% Shinkansen 10.1 12.9 2.7 126.7% Commuter pass 0.6 0.6 0.0 100.5
Slide 14: Forecasts for FY2018/3
Ⅱ Forecasts for FY2018/3 14
Slide 15: Consolidated Financial Forecasts
Consolidated Financial Forecasts （Billions of yen） Forecast YoY Results FY2018/3 Increase/ FY2017/3 % (8/10) (decrease) A B B-A B/A Operating revenues 382.9 396.3 13.3 103.5% Operating income 58.7 56.2 (2.5) 95.7% Ordinary income 60.5 57.6 (2.9) 95.1% Net income attributable to owners of the parent
Slide 16: Consolidated Financial Forecasts (By segment)
Consolidated Financial Forecasts (By segment) （Billions of yen） Forecast YoY Results FY2018/3 Increase/ FY2017/3 % (8/10) (decrease) A B B-A B/A Operating revenues 382.9 396.3 13.3 103.5% Transportation 176.4 181.1 4.6 102.7% Construction 79.3 83.8 4.4 105.6% Real Estate 67.4 66.2 (1.2) 98.1% Retail
Slide 17: Non-consolidated Financial Forecasts
Non-consolidated Financial Forecasts （Billions of yen） Forecast YoY Results FY2018/3 Increase/ FY2017/3 % (8/10) (decrease) A B B-A B/A Operating revenues 212.2 215.5 3.2 101.5% (Railway transportation revenues) 146.4 149.5 3.0 102.1% Operating expenses 168.7 173.0 4.2 102.5% Personnel expenses 53.1
Slide 18: Non-consolidated Financial Forecasts (Reprint)
Non-consolidated Financial Forecasts (Reprint) （Billions of yen） Forecast YoY Results FY2018/3 Increase/ FY2017/3 % (8/10) (decrease) A B B-A B/A Operating revenues 164.9 169.0 4.0 102.4% Railway business Operating expenses 139.8 144.6 4.7 103.4% Operating income 25.0 24.4 (0.6) 97.3% Operating reve
Slide 19: 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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