Nishi-Nippon Railroad Co., Ltd. (FRA:NNR)

Nishi-Nippon Railroad Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	457,635	443,495	411,649	494,643	427,159	346,121
Revenue Growth (YoY)	8.29%	7.74%	-16.78%	15.80%	23.41%	-11.13%
Cost of Revenue	398,573	385,479	355,558	438,461	387,695	325,827
Gross Profit	59,062	58,016	56,091	56,182	39,464	20,294
Selling, General & Admin	28,369	27,707	26,358	26,155	24,999	25,781
Amortization of Goodwill & Intangibles	42	42	38	174	168	287
Other Operating Expenses	1,250	1,250	1,444	1,281	1,309	1,148
Operating Expenses	32,022	31,360	30,213	30,030	29,012	29,795
Operating Income	27,040	26,656	25,878	26,152	10,452	-9,501
Interest Expense	-2,971	-2,674	-2,283	-2,197	-2,483	-2,000
Interest & Investment Income	2,057	2,210	2,320	1,495	1,110	879
Earnings From Equity Investments	1,280	794	-3,158	-416	767	-3,958
Currency Exchange Gain (Loss)	631	631	-	1,024	-	-
Other Non Operating Income (Expenses)	1,867	1,121	1,780	1,843	4,106	4,940
EBT Excluding Unusual Items	29,904	28,738	24,537	27,901	13,952	-9,640
Gain (Loss) on Sale of Investments	6,667	2,316	-	-	-385	2,172
Gain (Loss) on Sale of Assets	4,503	37	14,124	121	4,910	604
Asset Writedown	-9,136	-9,422	-10,155	-77,614	-2,717	-3,679
Other Unusual Items	8,936	9,218	10,921	77,238	377	-2,043
Pretax Income	40,874	30,887	39,427	27,646	16,137	-12,586
Income Tax Expense	12,086	9,379	13,846	8,124	5,210	-881
Earnings From Continuing Operations	28,788	21,508	25,581	19,522	10,927	-11,705
Minority Interest in Earnings	-706	-698	-858	-1,154	-1,054	-369
Net Income	28,082	20,810	24,723	18,368	9,873	-12,074
Net Income to Common	28,082	20,810	24,723	18,368	9,873	-12,074
Net Income Growth	22.05%	-15.83%	34.60%	86.04%	-	-
Shares Outstanding (Basic)	77	78	79	79	79	79
Shares Outstanding (Diluted)	77	78	79	79	79	79
Shares Change (YoY)	-1.98%	-1.12%	-0.13%	-0.07%	0.34%	-0.38%
EPS (Basic)	364.97	267.21	313.99	233.09	125.30	-153.27
EPS (Diluted)	364.44	266.78	313.41	232.54	124.91	-153.27
EPS Growth	24.51%	-14.88%	34.78%	86.17%	-	-
Free Cash Flow	-32,790	-67,641	6,165	21,513	4,692	-52,776
Free Cash Flow Per Share	-425.54	-867.14	78.15	272.35	59.36	-669.96
Dividend Per Share	22.500	40.000	35.000	35.000	30.000	25.000
Dividend Growth	-35.71%	14.29%	-	16.67%	20.00%	-28.57%
Gross Margin	12.91%	13.08%	13.63%	11.36%	9.24%	5.86%
Operating Margin	5.91%	6.01%	6.29%	5.29%	2.45%	-2.74%
Profit Margin	6.14%	4.69%	6.01%	3.71%	2.31%	-3.49%
Free Cash Flow Margin	-7.17%	-15.25%	1.50%	4.35%	1.10%	-15.25%
EBITDA	49,302	46,830	44,222	44,680	30,031	11,582
EBITDA Margin	10.77%	10.56%	10.74%	9.03%	7.03%	3.35%
D&A For EBITDA	22,262	20,174	18,344	18,528	19,579	21,083
EBIT	27,040	26,656	25,878	26,152	10,452	-9,501
EBIT Margin	5.91%	6.01%	6.29%	5.29%	2.45%	-2.74%
Effective Tax Rate	29.57%	30.37%	35.12%	29.39%	32.29%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.