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West Japan Railway Sees Revenue Growth Amid Expansion

West Japan Railway Sees Revenue Growth Amid Expansion

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

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West Japan Railway Company reported a rise in revenue and income for the first half of 2024, driven by increased customer usage and the expansion of the Hokuriku Shinkansen. Despite a decline in operating income due to higher project costs in Osaka, the company completed a ¥50 billion share buyback and raised its annual dividend forecast. The earnings forecast for FY2025 remains unchanged.

For further insights into JP:9021 stock, check out TipRanks’ Stock Analysis page.

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