Kyushu Railway Company · TSE:9142
Kyushu Railway — Q3 FY2017/3 Earnings Presentation
20 slides from Kyushu Railway's earnings presentation, Feb 8, 2017
Slide 1: FY2017/3 Financial Results Overview, Third Quarter
FY2017/3 Financial Results Overview, Third Quarter February 8, 2017 Kyushu Railway Company 1
Slide 2: Contents
Contents Ⅰ Financial highlights 3 Ⅱ Financial results for the third quarter of FY2017/3 5 Ⅲ Forecasts for FY2017/3 15 2
Slide 3: Ⅰ Financial highlights
Ⅰ Financial highlights 3
Slide 4: Consolidated Financial Highlights for the Third Quarter of FY2017/3
Consolidated Financial highlights for the Third Quarter of FY2017/3 (Year on Year) • Operating revenue fell due to a decrease in income from railway passenger traffic resulting from the impact of the 2016 Kumamoto earthquakes as well as the decline in sales of apartments. • Net income attributable t
Slide 5: Ⅱ Financial results for the third quarter of FY2017/3
Ⅱ Financial results for the third quarter of FY2017/3 5
Slide 6: Consolidated Income Statements
Consolidated Income Statements （Billions of yen） 9 months 9 months YoY ended Dec 31, ended Dec 31, Increase/ % Major factors 2015 2016 (decrease) A B B-A B/A Decrease in revenue from apartment sales (14.5) Decrease in revenue from railway passenger Operating revenues 277.9 263.6 (14.3) 94.8% traffic
Slide 7: Segment Information (Summary)
Segment Information (Summary) （Billions of yen） YoY 9 months ended 9 months ended Increase/ Dec 31, 2015 Dec 31, 2016 % (decrease) A B B-A B/A Operating revenues 277.9 263.6 (14.3) 94.8% Transportation 133.5 128.9 (4.6) 96.5% Construction 47.7 42.7 (4.9) 89.7% Real Estate 48.7 36.3 (12.3) 74.6% (Rea
Slide 8: Segment Information ①
Segment Information ① ◆ Transportation Segment （Billions of yen） YoY 9 months ended 9 months ended Increase/ Dec 31, 2015 Dec 31, 2016 % (decrease) A B B-A B/A Operating revenues 133.5 128.9 (4.6) 96.5% Operating income 1.3 25.3 24.0 － EBITDA 30.8 27.2 (3.5) 88.5% ◆ Construction Segment （Billions of
Slide 9: Segment Information ②
Segment Information ② ◆ Real Estate Segment （Billions of yen） YoY 9 months ended 9 months ended Increase/ Dec 31, 2015 Dec 31, 2016 % (decrease) A B B-A B/A Operating revenues 48.7 36.3 (12.3) 74.6% (Real Estate Lease) 32.3 34.4 2.1 106.7% Operating income 16.5 15.4 (1.0) 93.5% (Real Estate Lease) 1
Slide 10: Segment Information ③
Segment Information ③ ◆ Retail and Restaurant Segment （Billions of yen） YoY 9 months ended 9 months ended Increase/ Dec 31, 2015 Dec 31, 2016 % (decrease) A B B-A B/A Operating revenues 72.0 75.4 3.3 104.7% Operating income 2.6 2.5 (0.1) 95.4% EBITDA 3.7 3.7 0.0 100.6% ◆ Other Segments （Billions of
Slide 11: Financial Position (consolidated)
Financial Position (consolidated) （Billions of yen） As of March As of Dec 31, Increase/ 31, 2016 2016 (decrease) A B B-A Assets 646.6 657.8 11.2 Current assets 165.8 200.1 34.3 Non-current assets 480.8 457.7 (23.1) Liabilities 340.9 319.3 (21.5) Current liabilities 146.3 120.5 (25.8) Non-current lia
Slide 12: Non-consolidated Income Statements
Non-consolidated Income Statements （Billions of yen） YoY 9 months ended 9 months ended Increase/ Dec 31, 2015 Dec 31, 2016 % Major factors (decrease) A B B-A B/A Decrease in revenue from apartment sales (14.5) Decrease in revenue from railway passenger Operating revenues 158.5 141.9 (16.5) 89.6% tra
Slide 13: Non-consolidated Income Statements (Reprint)
Non-consolidated Income Statements (Reprint) （Billions of yen） YoY 9 months ended 9 months ended Increase/ Dec 31, 2015 Dec 31, 2016 % (decrease) A B B-A B/A Operating revenues 124.7 120.6 (4.1) 96.7% business Railway Operating expenses 124.2 95.6 (28.6) 77.0% Operating income 0.5 24.9 24.4 － busine
Slide 14: Income from Railway Passenger Traffic and Performance of Transportation Volume
Income from Railway Passenger Traffic and Performance of Transportation Volume （Billions of yen） YoY Transportation 9 months ended 9 months ended Revenues Dec 31, 2015 Dec 31, 2016 Increase/ % (decrease) A B B-A B/A Total 112.9 109.2 (3.6) 96.8% Shinkansen 38.9 37.2 (1.7) 95.6% Commuter pass 2.0 2.0
Slide 15: Ⅲ Forecasts for FY2017/3
Ⅲ Forecasts for FY2017/3 15
Slide 16: Consolidated Financial Forecasts
Consolidated Financial Forecasts （Billions of yen） Entire FY2017/3 YoY Forecast Results increase/ FY2016/3 Previous Current forecast Increase/ % decrease forecast (11/10) (2/8) (decrease) A B C C-A C/A C-B Operating revenues 377.9 378.8 381.4 3.4 100.9% 2.6 Operating income 20.8 51.8 54.4 33.5 260.4
Slide 17: Consolidated Financial Forecasts (By segment)
Consolidated Financial Forecasts (By segment) （Billions of yen） Entire FY2017/3 YoY Forecast Results increase/ FY2016/3 Previous forecast Current forecast Increase/ % decrease (11/10) (2/8) (decrease) A B C C-A C/A C-B Operating revenues 377.9 378.8 381.4 3.4 100.9% 2.6 Transportation 180.9 173.6 17
Slide 18: Non-consolidated Financial Forecasts
Non-consolidated Financial Forecasts （Billions of yen） Entire FY2017/3 YoY Forecast Results increase/ FY2016/3 Previous forecast Current forecast Increase/ (11/10) (2/8) % decrease (decrease) A B C C-A C/A C-B Operating revenues 211.1 208.6 211.8 0.6 100.3% 3.2 (Revenue from railway passenger travel
Slide 19: Non-consolidated Financial Forecasts (Reprint)
Non-consolidated Financial Forecasts (Reprint) （Billions of yen） Entire FY2017/3 YoY Forecast Results increase/ FY2016/3 Previous forecast Current forecast Increase/ (11/10) (2/8) % decrease (decrease) A B C C-A C/A C-B Operating revenues 169.1 162.3 164.7 (4.4) 97.3% 2.4 business Railway Operating
Slide 20: 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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