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Nagoya Railroad Co., Ltd. Reports Mixed Financial Results for Q1 FY2025

Story Highlights
  • Nagoya Railroad Co., Ltd. saw increased revenues due to new consolidations and more passengers.
  • Despite revenue growth, income declined due to higher expenses and lack of extraordinary gains.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nagoya Railroad Co., Ltd. Reports Mixed Financial Results for Q1 FY2025

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The latest announcement is out from Nagoya Railroad Co., Ltd. ( (JP:9048) ).

Nagoya Railroad Co., Ltd. reported an increase in operating revenues for the first quarter of FY2025, driven by the consolidation of Miyagi Transportation Group and a rise in railroad passengers. However, the company faced a decline in operating, ordinary, and net income due to increased personnel expenses, depreciation, and the absence of extraordinary gains, impacting its financial performance negatively.

The most recent analyst rating on (JP:9048) stock is a Hold with a Yen1750.00 price target. To see the full list of analyst forecasts on Nagoya Railroad Co., Ltd. stock, see the JP:9048 Stock Forecast page.

More about Nagoya Railroad Co., Ltd.

Nagoya Railroad Co., Ltd. operates in the transportation industry, providing services such as railroad transportation, distribution, aviation services, and leisure and services. The company focuses on enhancing its market presence by expanding its transportation network and integrating new subsidiaries.

Average Trading Volume: 576,867

Technical Sentiment Signal: Sell

Current Market Cap: Yen324.3B

See more insights into 9048 stock on TipRanks’ Stock Analysis page.

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