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The latest update is out from Tobu Railway Co ( (JP:9001) ).
Tobu Railway Co., Ltd. has revised its Long-Term Management Vision, increasing its target operating profit to ¥100.0 billion by the mid-2030s, up from the previous target of ¥80.0 billion by FY2033. This revision is driven by strong earnings performance, robust tourism demand, and progress in large-scale projects, including a new two-way service between the TOBU SKYTREE Line and Tokyo Metro Yurakucho Line, positioning the company for further growth despite challenges such as rising costs and labor shortages.
More about Tobu Railway Co
Tobu Railway Co., Ltd. operates in the transportation industry, primarily focusing on railway services. The company is also involved in tourism and area development projects, aiming to enhance the regions along its railway lines.
YTD Price Performance: 14.16%
Technical Sentiment Signal: Buy
Current Market Cap: $3.67B
Learn more about 9001 stock on TipRanks’ Stock Analysis page.