Nankai Lifts Dividend as Revenue Rises, Forecasts Slower Profit Growth

Nankai Electric Railway Co., Ltd. ( (JP:9044) ) has issued an announcement.

Nankai Co., Ltd. reported a modest 1.5% rise in consolidated operating revenue to ¥264.7 billion for the fiscal year ended March 31, 2026, with operating income up 15.2% and ordinary income up 6.1%, while profit attributable to owners of parent declined slightly to ¥25.1 billion. The company strengthened its financial base with total assets expanding to about ¥1.18 trillion and equity rising to ¥354.1 billion, alongside higher comprehensive income and steady cash generation from operations.

The board raised annual dividends from ¥40 to ¥50 per share for FY2025 and forecasts a further increase to ¥55 for FY2026, implying a payout ratio of 25.0% and signaling confidence in earnings quality. For the year ending March 31, 2027, Nankai projects consolidated revenue growth of 8.6% to ¥287.5 billion but expects operating income to be broadly flat and profit to fall, reflecting anticipated cost pressures even as it streamlines its portfolio, including the removal of Semboku Rapid Railway Co., Ltd. from the scope of consolidation.

The most recent analyst rating on (JP:9044) stock is a Buy with a Yen2900.00 price target. To see the full list of analyst forecasts on Nankai Electric Railway Co., Ltd. stock, see the JP:9044 Stock Forecast page.

More about Nankai Electric Railway Co., Ltd.

Nankai Co., Ltd., listed on the Tokyo Stock Exchange, operates in the railway and transportation sector and related businesses. The company provides rail services and associated operations in the Kansai region, positioning itself as a key infrastructure and commuter network player with stable, fare-based revenue and ancillary income streams.

Average Trading Volume: 368,513

Technical Sentiment Signal: Buy

Current Market Cap: Yen313.8B

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