West Japan Railway Posts Strong Q1 Growth

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

West Japan Railway Company reported a positive first quarter for the fiscal year ending March 31, 2025, with a 9.1% increase in operating revenues and a significant boost in income attributable to owners of the parent by 14.9%. The company’s financial position remained robust with a total assets increase, while the equity ratio slightly improved to 30.4%. Despite a projected decrease in operating income and recurring income for the fiscal year, the company forecasts a slight increase in income attributable to owners of the parent and expects to distribute dividends at 72 yen per share for FY2025.3.

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