Tobu Railway Co., Ltd. TSE:9001
Tobu Railway : 【Summary】Consolidated Financial Results for the Three Months Ended June 30, 2025
Source: MarketScreener
Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
Consolidated Financial Results for the Three Months Ended June 30, 2025 [Japanese GAAP]
August 5, 2025
Company name: TOBU RAILWAY CO.,LTD. Stock exchange listing: Tokyo
Code number: 9001
URL: https://www.tobu.co.jp/
Representative: Yutaka Tsuzuki President Director
Contact: Takatoshi Yoshida Finance and Acocounting Department Manager Phone: +81-3-5962-2183
Scheduled date of commencing dividend payments: -Availability of supplementary briefing material on financial results: Yes Schedule of financial results briefing session: None
(Amounts of less than one million yen are rounded down.)
-
Consolidated Financial Results for the Three Months Ended June 30, 2025 (April 1, 2025 to June 30, 2025)
Consolidated Operating Results (Percentages indicate year-on-year changes.)
Operating revenue
Operating profit
Ordinary profit
Profit attributable to owners of parent
Three months ended June 30, 2025
June 30, 2024
Millions of yen
148,613
149,914
%
(0.9)
(4.7)
Millions of yen
19,003
21,396
%
(11.2)
(9.6)
Millions of yen
18,916
21,600
%
(12.4)
(8.5)
Millions of yen
13,989
14,891
%
(6.1)
(8.6)
(Note) Comprehensive income: Three months ended June 30, 2025: ¥ 17,768 million [ 2.6%]
Three months ended June 30, 2024: ¥ 17,319 million [(27.0) %]
Basic earnings per share
Diluted earnings per share
Three months ended
Yen
Yen
June 30, 2025
70.40
-
June 30, 2024
72.04
-
Consolidated Financial Position
Total assets
Net assets
Equity ratio
As of
June 30, 2025
March 31, 2025
Millions of yen
1,747,083
1,753,200
Millions of yen
565,564
560,753
%
32.0
31.6
(Reference) Equity: As of June 30, 2025: ¥ 559,302 million
As of March 31, 2025: ¥ 554,507 million
-
Dividends
Annual dividends
1st quarter-end
2nd quarter-end
3rd quarter-end
Year-end
Total
Fiscal year ended March 31, 2025
Fiscal year ending March 31, 2026
Yen
-
-
Yen
27.50
Yen
-
Yen
32.50
Yen
60.00
Fiscal year ending March 31, 2026
(Forecast)
32.50
-
32.50
65.00
(Note) Revision to the forecast for dividends announced most recently: None
- Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2026(April 1, 2025 to March 31, 2026)
(Percentages indicate year-on-year changes.)
Operating revenue | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Full year | Millions of yen 640,000 | % 1.4 | Millions of yen 68,000 | % (8.9) | Millions of yen 62,000 | % (14.7) | Millions of yen 50,000 | % (2.6) | Yen 251.63 |
(Note) Revision to the financial results forecast announced most recently: None
* Notes:
Significant changes in the scope of consolidation during the period: None
Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: None
Changes in accounting policies other than 1) above: Yes
Changes in accounting estimates: None
Retrospective restatement: None
Total number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares): June 30, 2025: 201,215,421 shares
March 31, 2025: 201,215,421 shares
Number of treasury shares at the end of the period:
June 30, 2025: 4,123,359 shares
March 31, 2025: 1,593,212 shares
Average number of shares outstanding during the period:
Three months ended June 30, 2025: 198,705,111 shares
Three months ended June 30, 2024: 206,715,258 shares
* Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None
Quarterly Consolidated Financial Statements Quarterly Consolidated Balance Sheet
(Millions of yen)
As of March 31, 2025
As of June 30, 2025
Assets
Current assets
Cash and deposits 35,110 34,784
Notes and accounts receivable - trade, and contract assets | 74,901 | 64,131 |
Land and buildings for sale in lots | 30,621 | 32,036 |
Other | 36,342 | 38,643 |
Allowance for doubtful accounts | (135) | (109) |
Total current assets | 176,839 | 169,485 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures, net | 534,156 | 529,513 |
Land | 667,311 | 669,055 |
Other, net | 209,425 | 205,461 |
Total property, plant and equipment | 1,410,893 | 1,404,030 |
Intangible assets | 19,861 | 21,200 |
Investments and other assets | ||
Investment securities | 99,253 | 104,814 |
Other | 47,219 | 48,420 |
Allowance for doubtful accounts | (867) | (867) |
Total investments and other assets | 145,606 | 152,367 |
Total non-current assets | 1,576,361 | 1,577,598 |
Total assets | 1,753,200 | 1,747,083 |
(Millions of yen)
As of March 31, 2025
As of June 30, 2025
Liabilities
Current liabilities
Notes and accounts payable - trade | 43,274 | 37,523 |
Short-term borrowings | 73,322 | 52,414 |
Current portion of long-term borrowings | 66,162 | 65,979 |
Commercial papers | - | 50,000 |
Current portion of bonds payable | 38,300 | 38,100 |
Provisions | 7,928 | 9,267 |
Other | 209,746 | 186,914 |
Total current liabilities | 438,733 | 440,199 |
Non-current liabilities | ||
Bonds payable | 119,800 | 110,000 |
Long-term borrowings | 481,470 | 476,441 |
Provisions | 3,124 | 3,105 |
Retirement benefit liability | 40,345 | 40,583 |
Other | 108,972 | 111,188 |
Total non-current liabilities | 753,713 | 741,319 |
Total liabilities | 1,192,447 | 1,181,519 |
Net assets | ||
Shareholders' equity | ||
Share capital | 102,135 | 102,135 |
Capital surplus | 51,980 | 51,980 |
Retained earnings | 314,683 | 322,230 |
Treasury shares | (4,930) | (11,373) |
Total shareholders' equity | 463,868 | 464,973 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 44,501 | 48,268 |
Revaluation reserve for land | 45,986 | 45,920 |
Foreign currency translation adjustment | 237 | 213 |
Remeasurements of defined benefit plans | (86) | (72) |
Total accumulated other comprehensive income | 90,639 | 94,329 |
Non-controlling interests | 6,245 | 6,262 |
Total net assets | 560,753 | 565,564 |
Total liabilities and net assets | 1,753,200 | 1,747,083 |
Quarterly Consolidated Statements of Income and Comprehensive Income Quarterly Consolidated Statements of Income (For the three months) | |
(Millions of yen) | |
For the three months | For the three months |
ended June 30, 2024 | ended June 30, 2025 |
Operating revenue 149,914 | 148,613 |
Operating expenses | |
Operating expenses and cost of sales of transportation 98,030 | 97,464 |
Selling, general and administrative expenses 30,488 | 32,145 |
Total operating expenses 128,518 | 129,609 |
Operating profit 21,396 | 19,003 |
Non-operating income | |
Dividend income 1,108 | 1,487 |
Dividend income of insurance 412 | 375 |
Other 508 | 317 |
Total non-operating income 2,029 | 2,180 |
Non-operating expenses | |
Interest expenses 1,455 | 1,914 |
Other 369 | 353 |
Total non-operating expenses 1,825 | 2,267 |
Ordinary profit 21,600 | 18,916 |
Extraordinary income | |
Gain on sale of non-current assets 5 | 42 |
Gain on sale of investment securities - | 142 |
Contribution received for construction 185 | 20 |
Subsidy income 127 | 150 |
Other 32 | 32 |
Total extraordinary income 350 | 388 |
Extraordinary losses
Loss on retirement of non-current assets 54 173
Loss on tax purpose reduction entry of non-current assets | 182 | 19 |
Other | 418 | 69 |
Total extraordinary losses | 655 | 262 |
Profit before income taxes | 21,295 | 19,042 |
Income taxes - current | 6,272 | 5,805 |
Income taxes - deferred | 72 | (774) |
Total income taxes | 6,345 | 5,031 |
Profit | 14,949 | 14,011 |
Profit attributable to non-controlling interests | 58 | 21 |
Profit attributable to owners of parent | 14,891 | 13,989 |
Quarterly Consolidated Statements of Comprehensive Income (For the three months)
(Millions of yen)
For the three months ended June 30, 2024
For the three months ended June 30, 2025
Profit 14,949 14,011
Other comprehensive income
Valuation difference on available-for-sale securities 2,340 3,766
Revaluation reserve for land - 0
Foreign currency translation adjustment 38 (23)
Remeasurements of defined benefit plans, net of tax (9) 14
Share of other comprehensive income of entities
(0) (0)
accounted for using equity method
Total other comprehensive income 2,369 3,757
Comprehensive income 17,319 17,768 Comprehensive income attributable to
Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests
17,261 17,747
58 21