Kyushu Railway Company · TSE:9142
Kyushu Railway — Q3 FY19.3 Earnings Presentation
16 slides from Kyushu Railway's earnings presentation, Feb 4, 2019
Slide 1: Financial Results Overview, Third Quarter FY19.3
FY19.3 Financial Results Overview, Third Quarter February 4, 2019 Kyushu Railway Company
Slide 2: Contents
Contents Ⅰ Financial Results for the Nine-month Period 3 Ended December 31, 2018 Ⅱ Forecasts for FY19.3 11 2
Slide 3: Financial Results for the Nine-month Period Ended December 31, 2018
Ⅰ. Financial Results for the Nine-month Period Ended December 31, 2018 3
Slide 4: Consolidated Financial Highlights for the Nine-Month Period
Consolidated Financial Highlights for the Nine-Month Period Ended December 31, 2018 (Year on Year) Operating revenues up for the second consecutive year (record high) Operating income down for the first time in six years Net income attributable to owners of the parent down for the first time i
Slide 5: Consolidated Income Statements
Consolidated Income Statements （\bil） 9 months ended 9 months ended December, 31 December, 31 YoY Major factors 2017 2018 Operating revenues 295.5 314.1 18.6 106.3% Increase due to consolidation of Caterpillar Kyushu Increase due to consolidation of Caterpillar Kyushu Operating expenses 243.8 263.9
Slide 6: Segment Information [Summary]
Segment Information 【Summary】 (\bil) 9 months ended 9 months ended YoY Major factors December, 31 2017 December, 31 2018 Operating revenues 295.5 314.1 18.6 106.3% Transportation 135.3 135.4 0.0 100.0% Increase in railway transportation revenues, etc. Construction 46.2 52.2 6.0 113.0% Increase in Sh
Slide 7: Balance Sheet
Balance Sheet (\bil) 9 months ended Increase/ FY18.3 December 31, Major Factors (decrease) 2018 Total Assets 749.3 751.8 2.4 Cash and time deposits 15.0 17.5 2.4 Short-tem securities 65.0 33.7 (31.3) Decrease in negotiable certificates of deposit Money held in trust 55.7 57.0 1.2 Property, plant and
Slide 8: Non-consolidated Income Statements
Non-consolidated Income Statements (\bil) 9 months ended 9 months ended YoY Majour Factors December 31, 2017 December 31, 2018 Operating revenues 164.3 157.5 (6.8) 95.9% Railway transportation revenues 113.9 114.2 0.3 100.3% Other revenues Decrease in revenue from sales of condominiums, etc. 50.4 43
Slide 9: Non-consolidated Income Statements (Reprint)
Non-consolidated Income Statements (Reprint) (\bil) 9 months ended 9 months ended YoY December 31, 2017 December 31, 2018 Operating revenues 126.1 125.9 (0.2) 99.8% business Railway Operating expenses 99.2 100.7 1.4 101.5% Operating income 26.8 25.2 (1.6) 93.7% Operating revenues 38.2 31.6 (6.6) 82.
Slide 10: Railway business
Railway business Transportation Revenues (\bil) 9 months ended 9 months ended YoY Majour Factors December, 2017 December, 2018 Total 113.9 114.2 0.3 100.3% Commuter pass 24.7 24.8 0.1 100.4% Non-commuter pass 89.1 89.4 0.2 100.3% Shinkansen 41.0 41.7 0.7 101.9% ・Basic trend (approx. 101% ) Commuter
Slide 11: Forecasts for FY19.3
II. Forecasts for FY19.3 11
Slide 12: Consolidated Financial Highlights for FY19.3
Consolidated Financial Highlights for FY19.3 (\bil) Forecasts Forecasts Results Difference from FY19.3 FY19.3 YoY FY18.3 previous forecast （12/13） （2/4） Operating revenue 413.3 439.7 438.5 25.1 106.1% (1.2) Operating income 63.9 60.7 61.9 (2.0) 96.8% 1.2 Ordinary income 67.0 62.6 64.4 (2.6) 96.1% 1.
Slide 13: Consolidated Financial Forecasts (By segment)
Consolidated Financial Forecasts (By segment) (\bil) Forecasts FY19.3 Results Difference from YoY FY18.3 previous forecast （12/13） （2/4） Operating revenue 413.3 439.7 438.5 25.1 106.1% (1.2) Transportation 183.7 186.9 184.9 1.1 100.6% (2.0) Construction 88.0 88.6 91.1 3.0 103.5% 2.5 Real Estate 69.4
Slide 14: Non-consolidated Financial Forecasts
Non-consolidated Financial Forecasts (\bil) Forecasts FY19.3 Difference Results YoY from previous FY18.3 （12/13） （2/4） forecast Operating revenue 219.7 222.8 222.2 2.4 101.1% (0.6) Railway transportation revenues 151.1 151.5 151.5 0.3 100.2% - Shinkansen 54.1 55.0 55.0 0.8 101.6% - Conventional Line
Slide 15: Non-consolidated Financial Forecasts (Reprint)
Non-consolidated Financial Forecasts (Reprint) (\bil) Forecasts Difference Results FY19.3 from YoY FY18.3 previous （12/13） （2/4） forecast Operating revenues 171.3 174.0 172.3 0.9 100.6% (1.7) business Railway Operating expenses 143.0 147.5 146.6 3.5 102.5% (0.9) Operating income 28.2 26.5 25.7 (2.5)
Slide 16: 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
Kyushu Railway Company — Q3 FY19.3 Earnings Presentation on 6ix