Keisei Electric Railway Co., Ltd. (TYO:9009)

Keisei Electric Railway 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	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	322,351	319,314	296,509	252,338	214,157	207,761
Revenue Growth (YoY)	5.92%	7.69%	17.51%	17.83%	3.08%	-24.39%
Cost of Revenue	235,044	230,623	221,788	198,178	181,034	189,096
Gross Profit	87,307	88,691	74,721	54,160	33,123	18,665
Selling, General & Admin	53,781	41,157	38,602	34,476	38,323	36,721
Other Operating Expenses	-	4,219	3,719	2,680	-	-
Operating Expenses	53,781	52,682	49,479	43,930	38,323	36,721
Operating Income	33,526	36,009	25,242	10,230	-5,200	-18,056
Interest Expense	-2,769	-2,646	-2,558	-2,420	-2,375	-2,453
Interest & Investment Income	965	775	570	468	466	534
Earnings From Equity Investments	26,306	25,739	25,927	17,401	508	-16,993
Other Non Operating Income (Expenses)	1,654	1,878	2,409	1,084	3,408	4,805
EBT Excluding Unusual Items	59,682	61,755	51,590	26,763	-3,193	-32,163
Gain (Loss) on Sale of Investments	39,436	39,436	70,853	8,128	1,122	-49
Gain (Loss) on Sale of Assets	167	-	-	-	30	864
Asset Writedown	-1,815	-5,200	-2,535	-3,379	-2,795	-1,702
Other Unusual Items	1,296	4,758	2,031	1,345	1,944	717
Pretax Income	98,766	100,749	121,939	32,857	-2,892	-32,333
Income Tax Expense	27,363	28,688	32,653	4,892	773	-2,034
Earnings From Continuing Operations	71,403	72,061	89,286	27,965	-3,665	-30,299
Minority Interest in Earnings	-2,045	-2,100	-1,629	-1,036	-773	10
Net Income	69,358	69,961	87,657	26,929	-4,438	-30,289
Net Income to Common	69,358	69,961	87,657	26,929	-4,438	-30,289
Net Income Growth	-23.24%	-20.19%	225.51%	-	-	-
Shares Outstanding (Basic)	486	488	501	500	506	506
Shares Outstanding (Diluted)	486	488	501	500	506	506
Shares Change (YoY)	-2.26%	-2.72%	0.35%	-1.19%	-0.04%	-0.29%
EPS (Basic)	142.61	143.46	174.86	53.90	-8.78	-59.88
EPS (Diluted)	142.61	143.46	174.86	53.90	-8.78	-59.88
EPS Growth	-21.46%	-17.95%	224.38%	-	-	-
Free Cash Flow	-	-22,048	5,510	14,406	-9,404	-24,066
Free Cash Flow Per Share	-	-45.21	10.99	28.84	-18.60	-47.58
Dividend Per Share	16.000	16.000	10.333	6.667	5.667	5.667
Dividend Growth	54.84%	54.84%	55.00%	17.65%	-	-
Gross Margin	27.08%	27.77%	25.20%	21.46%	15.47%	8.98%
Operating Margin	10.40%	11.28%	8.51%	4.05%	-2.43%	-8.69%
Profit Margin	21.52%	21.91%	29.56%	10.67%	-2.07%	-14.58%
Free Cash Flow Margin	-	-6.91%	1.86%	5.71%	-4.39%	-11.58%
EBITDA	65,938	68,609	58,594	41,846	25,283	12,184
EBITDA Margin	20.46%	21.49%	19.76%	16.58%	11.81%	5.86%
D&A For EBITDA	32,412	32,600	33,352	31,616	30,483	30,240
EBIT	33,526	36,009	25,242	10,230	-5,200	-18,056
EBIT Margin	10.40%	11.28%	8.51%	4.05%	-2.43%	-8.69%
Effective Tax Rate	27.71%	28.48%	26.78%	14.89%	-	-

Updated Jan 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.