Keisei Electric Railway reports lower FY2026 net profit
Updated
Updated · MarketWatch · May 8
Keisei Electric Railway reports lower FY2026 net profit
5 articles · Updated · MarketWatch · May 8
For the year ended 31 March, net profit fell to Y48.02 billion from Y69.96 billion, while revenue rose to Y332.42 billion from Y319.31 billion.
Operating profit slipped to Y33.97 billion from Y36.01 billion, pretax profit declined to Y58.61 billion from Y61.76 billion, and earnings per share dropped to Y99.59 from Y143.46.
The results, prepared under Japanese accounting standards, show stronger sales but weaker profitability across key earnings measures in the latest full-year performance.
With revenue rising but profits falling, can Keisei's new CEO outmaneuver its thriving competitor?
A weak yen and tourist boom should be a blessing. Why is it hurting this Japanese railway's profits?