Tobu Railway Co., Ltd. (TBURF) revealed earnings for first quarter that Drops, from last year
The company's earnings totaled JPY13.989 billion, or JPY70.40 per share. This compares with JPY14.891 billion, or JPY72.04 per share, last year.
The company's revenue for the period fell 0.9% to JPY148.613 billion from JPY149.914 billion last year.
Tobu Railway Co., Ltd. earnings at a glance (GAAP) :
-Earnings: JPY13.989 Bln. vs. JPY14.891 Bln. last year.-EPS: JPY70.40 vs. JPY72.04 last year.-Revenue: JPY148.613 Bln vs. JPY149.914 Bln last year.
Looking ahead, for the full year, the company has reaffirmed its guidance.
For the 12-month period to March 31, 2026, Tobu Railway still expects a net income of JPY 50 billion, down 2.6% from last year. Income per basic share is still anticipated to be at JPY 251.63.
The company continues to expect revenue of JPY 640 billion, up 1.4% from the previous year.
Tobu Railway still aims to pay a total annual dividend of JPY 65 per share, higher than the prior year’s JPY 60 per share.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.