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West Japan Railway Company Reports Mixed Segment Results but Continues Growth

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West Japan Railway Company Reports Mixed Segment Results but Continues Growth

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West Japan Railway Company ( (JP:9021) ) has provided an update.

West Japan Railway Company reported increased revenue and income in its mobility and retail segments due to the extension of the Hokuriku Shinkansen to Tsuruga and a rise in inbound demand. However, the travel and regional solutions segment saw a decrease due to lower COVID-19 related business. Despite these mixed results, the company has experienced overall revenue and income growth for four consecutive years, supported by a share buyback and an unchanged dividend forecast, indicating a stable financial outlook.

More about West Japan Railway Company

West Japan Railway Company operates in the transportation industry, primarily providing railway services. The company is known for its service in Japan, with a focus on enhancing connectivity and expanding railway lines, such as the Hokuriku Shinkansen.

YTD Price Performance: 4.77%

Average Trading Volume: 135

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $8.64B

See more insights into 9021 stock on TipRanks’ Stock Analysis page.

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