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FINWIRES

West Japan Railway's Net Income Up 12% in Fiscal Year 2026

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-- West Japan Railway's (TYO:9021) net income attributable to owners of the parent rose 12% to 127.5 billion yen for the fiscal year 2026 from 114 billion yen a year earlier.

The railway operator's basic attributable income per share increased to 277.73 yen from 240.08 yen a year ago, according to a Tokyo bourse filing on Thursday.

Operating revenues increased by 8.1% to 1.846 trillion yen for the year ended March 31 from 1.708 trillion yen in the prior year.

In a separate disclosure, the company raised its final dividend payout to 52.50 yen per share, from 45.50 yen initially planned, payable from June 19.

For the fiscal year 2027, the company expects attributable income of 100 billion yen, net income per share of 219.74 yen, and operating revenues of 1.829 trillion yen.

West Japan Railway plans to pay an interim dividend of 48.50 yen and a year-end dividend of 49.00 yen per share for the year, higher than the 45.00 yen interim and 52.50 yen year-end dividends paid in the year-ago period.

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