Central Japan Railway Company (9022) AI Stock Analysis

• Market Cap: ¥3.05T
• Dividend Yield: 0.97%
• Average Volume (3M): 2.49M
• Price to Earnings (P/E): 6.6
• Beta (1Y): 0.51
• Revenue Growth: 7.10%
• EPS Growth: 19.25%
• Country: JP
• Employees: 29,282
• Sector: Industrials
• Sector Strength: 88
• Industry: Railroads
• EPS (TTM): 465.88
• Shares Outstanding: 1,030,000,000
• 10 Day Avg. Volume: 2,107,450
• 30 Day Avg. Volume: 2,490,760
• PEG Ratio: -0.03
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 95.33
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥3,300.69
• Price Target Upside: 6.61% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 77 Outperform
• Price Target: ―

Central Japan Railway Company is in a favorable position with strong revenue growth and profitability. The stock is technically strong, though caution is warranted due to overbought signals. Valuation metrics point to potential undervaluation, providing an attractive opportunity for investors. High leverage remains a risk factor.

Central Japan Railway Company Business Overview & Revenue Model

Company Description

Central Japan Railway Company engages in the railway and related businesses in Japan. The company operates through Transportation, Merchandise and Other, Real Estate, and Other segments. It primarily operates Tokaido Shinkansen, a transportation artery that links metropolitan areas of Tokyo, Nagoya, and Osaka, as well as operates a network of 12 conventional lines centered on the Nagoya and Shizuoka areas. The company also provides bus, logistics, travel agency, advertising, linen supply, track maintenance, construction and construction consulting, and contracted accounting and financial services; and manufactures and maintains railway rolling stock and machinery. In addition, it is involved in the operation of a department store; wholesale and retail sales business; sale of food and beverages; leasing and sale of real estate; hotel business; and development, improvement, and maintenance of computer systems. Central Japan Railway Company was founded in 1987 and is headquartered in Nagoya, Japan.

How the Company Makes Money

JR Central primarily generates revenue through its transportation services, with the Tokaido Shinkansen being the most significant contributor due to its high passenger volume and premium pricing. The company also earns income from its conventional railway services, which serve regional and commuter passengers. Beyond transportation, JR Central diversifies its revenue through real estate activities, including the development and leasing of properties near its stations. Additionally, the company benefits from retail operations, offering shopping and dining options at its stations, and advertising services, leveraging its high-traffic locations to generate advertising revenue. Strategic partnerships and government collaborations further enhance its business opportunities, contributing to its overall financial performance.

Central Japan Railway Company Financial Statement Overview

Summary

Central Japan Railway Company has displayed strong financial performance, with notable revenue growth and improved profit margins. The balance sheet is stable, but high leverage poses some risk. Cash flow management is effective, with significant improvements noted.

Income Statement

Central Japan Railway Company has shown strong revenue growth, recovering impressively from previous declines. The gross profit margin improved significantly, indicating better cost management, while the net profit margin reflects strong profitability. The company has also exhibited robust EBIT and EBITDA margins, highlighting operational efficiency.

Balance Sheet

The balance sheet reveals a stable financial structure with a reasonable debt-to-equity ratio. The return on equity is strong due to improved net income, which enhances shareholder value. The equity ratio is solid, underscoring financial stability, although the leverage remains relatively high, which could pose risks if financial conditions change.

Cash Flow

Cash flow analysis shows a significant improvement in free cash flow, indicating better cash management and operational efficiency. The operating cash flow to net income ratio suggests that the company generates sufficient cash from its operations. However, the free cash flow to net income ratio is moderate, implying room for improvement in converting income into cash.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
1.81T	1.83T	1.71T	1.40T	935.14B	823.52B
	Gross Profit
885.77B	902.95B	783.90B	552.44B	161.56B	-20.24B
	EBIT
688.71B	702.79B	607.38B	374.50B	1.71B	-184.75B
	EBITDA
856.44B	899.64B	840.83B	594.12B	208.75B	10.01B
	Net Income Common Stockholders
442.50B	458.42B	384.41B	219.42B	-51.93B	-201.55B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
412.89B	457.37B	955.28B	852.14B	660.15B	730.11B
	Total Assets
10.11T	10.32T	9.94T	9.51T	9.45T	9.60T
	Total Debt
4.31T	4.73T	4.37T	4.46T	4.45T	4.43T
	Net Debt
4.15T	4.47T	3.62T	3.78T	4.11T	4.09T
	Total Liabilities
5.54T	5.66T	5.72T	5.71T	5.84T	5.91T
	Stockholders Equity
4.51T	4.60T	4.17T	3.76T	3.56T	3.64T
Cash Flow		Free Cash Flow
0.00	171.99B	269.30B	32.64B	-412.89B	-670.08B
	Operating Cash Flow
0.00	624.55B	672.88B	486.71B	71.75B	-169.35B
	Investing Cash Flow
0.00	-956.04B	-436.56B	-175.04B	-153.05B	-134.72B
	Financing Cash Flow
0.00	-95.53B	-125.13B	-220.60B	-19.18B	262.64B

Central Japan Railway Company Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3096.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9022, the sentiment is Neutral. The current price of 3096 is below the 20-day moving average (MA) of 3104.15, above the 50-day MA of 3023.99, and above the 200-day MA of 3052.43, indicating a neutral trend. The MACD of 19.51 indicates Positive momentum. The RSI at 51.07 is Neutral, neither overbought nor oversold. The STOCH value of 14.30 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9022.

Central Japan Railway Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9022	77 Outperform	¥3.05T	6.65	10.31%	0.97%	7.10%	19.25%
Sector *	66 Neutral	$4.51B	12.29	5.40%	3.67%	4.15%	-12.21%
EJPRF		$23.68B	16.03	7.93%	2.17%	―	―
KELRF		$4.91B	10.23	14.35%	<0.01%	―	―
KYYHF		$4.10B	12.62	9.60%	2.81%	―	―
ODERF		$4.07B	11.87	10.86%	0.02%	―	―
WJRYF		$10.40B	13.80	9.93%	2.92%	―	―

Central Japan Railway Company Corporate Events

Central Japan Railway Company Announces Share Repurchase

Central Japan Railway Company announced the repurchase of 3,454,600 of its own shares, amounting to approximately 10.67 billion yen, as part of a broader plan authorized by its Board of Directors. This move is part of a strategic initiative to enhance shareholder value and optimize capital structure, with the potential to impact the company’s market positioning and investor relations.

The most recent analyst rating on (JP:9022) stock is a Hold with a Yen3650.00 price target. To see the full list of analyst forecasts on Central Japan Railway Company stock, see the JP:9022 Stock Forecast page.

Central Japan Railway Company Announces Management Restructuring

Central Japan Railway Company has announced significant changes to its management and supervisory board, effective June 25, 2025. The company aims to revamp its management and auditing systems, with new appointments and resignations among directors, audit, supervisory board members, and corporate officers. These changes are expected to impact the company’s operational efficiency and governance structure.

The most recent analyst rating on (JP:9022) stock is a Hold with a Yen3300.00 price target. To see the full list of analyst forecasts on Central Japan Railway Company stock, see the JP:9022 Stock Forecast page.

Central Japan Railway Announces Share Repurchase and Cancellation Plan

Central Japan Railway Company has announced a decision by its Board of Directors to repurchase and subsequently cancel up to 45 million of its own shares, representing 4.57% of its total issued shares, to enhance shareholder returns and improve capital efficiency. The repurchase, valued at a maximum of 100 billion yen, will occur between May 1, 2025, and February 27, 2026, with the cancellation scheduled for March 18, 2026, indicating a strategic move to optimize financial performance and shareholder value.

Central Japan Railway Company Announces Increased Year-End Dividend

Central Japan Railway Company announced a resolution by its Board of Directors to distribute retained earnings, with a record date of March 31, 2025. The decision reflects the company’s policy of maintaining stable dividends, supported by high passenger volumes on the Tokaido Shinkansen and conventional lines. The year-end dividend was revised to 16 yen per share, an increase from the previous forecast, highlighting the company’s financial health and commitment to shareholder returns.

Central Japan Railway Company Reports Fiscal 2025 Financial Results and Announces Share Repurchase

Central Japan Railway Company reported its consolidated financial results for the fiscal year ended March 31, 2025, showing a slight increase in comprehensive income compared to the previous year. The company announced a significant repurchase and cancellation of its own shares to enhance shareholder returns, indicating a strategic move to improve capital efficiency. The financial results also reflect changes in accounting policies and a stock split, which have been adjusted in the reported figures.