Kyushu Railway Company · TSE:9142
Kyushu Railway — Q3 FY2018/3 Earnings Presentation
19 slides from Kyushu Railway's earnings presentation, Feb 9, 2018
Slide 1: FY2018/3 Financial Results Overview, Third Quarter
FY2018/3 Financial Results Overview, Third Quarter February 9, 2018 Kyushu Railway Company 11
Slide 2: Contents
Contents Ⅰ Financial results for the third quarter of FY2018/3 3 Ⅱ Forecasts for FY2018/3 14 2
Slide 3: Financial results for the third quarter of FY2018/3
Ⅰ Financial results for the third quarter of FY2018/3 3
Slide 4: Consolidated Financial highlights (Year on Year)
Consolidated Financial highlights (Year on Year) • Operating revenues increased due to a rise in railway transportation revenues owing to the dissipating impacts from the 2016 Kumamoto earthquakes, among other factors, as well as to higher revenues from condominium sales. • Net income attributable t
Slide 5: Consolidated Income Statements
Consolidated Income Statements （Billions of yen） YoY 9 months ended 9 months ended Dec 31, 2016 Dec 31, 2017 Increase/ Major factors % (decrease) A B B-A B/A Railway transportation revenues +4.6 Operating revenues 263.6 295.5 31.9 112.1% Revenues from condominium sales +15.5 Condominium selling cost
Slide 6: Segment Information (Summary)
Segment Information (Summary) （Billions of yen） YoY 9 months ended Dec 9 months ended Dec 31, 2016 31, 2017 Increase/ % (decrease) A B B-A B/A Operating revenues 263.6 295.5 31.9 112.1% Transportation 128.9 135.3 6.4 105.0% Construction 42.7 46.2 3.4 108.0% Real Estate 36.3 53.6 17.3 147.7% (Real Es
Slide 7: Segment Information ①
Segment Information ① ◆Transportation Segment （Billions of yen） YoY 9 months ended Dec 9 months ended Dec Increase/ 31, 2016 31, 2017 % (decrease) A B B-A B/A Operating revenues 128.9 135.3 6.4 105.0% Operating income 25.3 27.4 2.1 108.4% EBITDA 27.2 31.1 3.9 114.3% ◆Construction Segment （Billions o
Slide 8: Segment Information ②
Segment Information ② ◆Real Estate Segment （Billions of yen） YoY 9 months ended Dec 9 months ended Dec 31, 2016 31, 2017 Increase/ % (decrease) A B B-A B/A Operating revenues 36.3 53.6 17.3 147.7% Operating income 15.4 18.8 3.3 121.7% EBITDA 21.7 25.4 3.6 116.6% (Reprint) Real Estate Lease （Billions
Slide 9: Segment Information ③
Segment Information ③ ◆ Retail and Restaurant Segment （Billions of yen） YoY 9 months ended Dec 9 months ended Dec 31, 2016 31, 2017 Increase/ % (decrease) A B B-A B/A Operating revenues 75.4 77.5 2.0 102.7% Operating income 2.5 2.7 0.2 111.2% EBITDA 3.7 4.0 0.2 106.4% ◆Other Segments （Billions of ye
Slide 10: Financial Position (consolidated)
Financial Position (consolidated) （Billions of yen） As of March 31, Increase/ As of Dec 31, 2017 2017 (decrease) A B B-A Assets 676.6 716.5 39.8 Current assets 198.6 195.0 (3.5) Non-current assets 478.0 521.4 43.3 Liabilities 328.2 339.7 11.5 Current liabilities 134.9 140.0 5.1 Non-current liabiliti
Slide 11: Non-consolidated Income Statements
Non-consolidated Income Statements （Billions of yen） 9 months 9 months YoY ended Dec 31, ended Dec 31, Increase/ % Major factors 2016 2017 (decrease) A B B-A B/A Operating revenues 141.9 164.3 22.3 115.8% Revenues from condominium sales +15.5 (Railway transportation revenues) 109.2 113.9 4.6 104.2%
Slide 12: Non-consolidated Income Statements (Reprint)
Non-consolidated Income Statements (Reprint) （Billions of yen） YoY 9 months ended 9 months ended Dec 31, 2016 Dec 31, 2017 Increase/ % (decrease) A B B-A B/A Operating revenues 120.6 126.1 5.5 104.6% Railway business Operating expenses 95.6 99.2 3.6 103.8% Operating income 24.9 26.8 1.9 107.7% Opera
Slide 13: Railway Transportation Revenues and Performance of Transportation Volume
Railway Transportation Revenues and Performance of Transportation Volume （Billions of yen） YoY 9 months ended 9 months ended Increase/ Major factors Transportation Revenues Dec 31, 2016 Dec 31, 2017 % (decrease) A B B-A B/A Total 109.2 113.9 4.6 104.2% － Shinkansen 37.2 41.0 3.7 110.0% Dissipating i
Slide 14: Forecasts for FY2018/3
Ⅱ Forecasts for FY2018/3 14
Slide 15: Consolidated Financial Forecasts
Consolidated Financial Forecasts （Billions of yen） Forecast FY2018/3 YoY Difference between Results As of As of Increase/ the forecasts FY2017/3 % November 9 February 9 (decrease) Increase/(Decrease) A B C C-A C/A C-B Operating revenues 382.9 405.3 409.6 26.6 107.0% 4.3 Operating income 58.7 59.1 60
Slide 16: Consolidated Financial Forecasts (By segment)
Consolidated Financial Forecasts (By segment) （Billions of yen） Forecast FY2018/3 YoY Difference between Results As of As of Increase/ the forecasts FY2017/3 % November 9 February 9 (decrease) Increase/(Decrease) A B C C-A C/A C-B Operating revenues 382.9 405.3 409.6 26.6 107.0% 4.3 Transportation 1
Slide 17: Non-consolidated Financial Forecasts
Non-consolidated Financial Forecasts （Billions of yen） Forecast FY2018/3 YoY Difference between Results the forecasts FY2017/3 As of As of Increase/ Increase/ % November 9 February 9 (decrease) (Decrease) A B C C-A C/A C-B Operating revenues 212.2 218.1 218.7 6.4 103.1% 0.6 (Railway transportation r
Slide 18: Non-consolidated Financial Forecasts (Reprint)
Non-consolidated Financial Forecasts (Reprint) （Billions of yen） Forecast FY2018/3 YoY Difference between Results the forecasts FY2017/3 As of As of Increase/ % Increase/(Decrease) November 9 February 9 (decrease) A B C C-A C/A C-B Operating revenues 164.9 170.2 170.6 5.6 103.4% 0.4 business Railway
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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