Kobe Electric Railway Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	22,947	22,131	22,313	21,321	20,517	20,231
Revenue Growth (YoY)	2.49%	-0.82%	4.65%	3.92%	1.41%	-11.08%
Cost of Revenue	17,809	17,509	17,833	17,341	16,884	16,951
Gross Profit	5,138	4,622	4,480	3,980	3,633	3,280
Selling, General & Admin	2,342	2,206	2,149	2,108	2,079	2,077
Amortization of Goodwill & Intangibles	-	-	2	2	2	2
Other Operating Expenses	140	140	158	157	157	163
Operating Expenses	2,751	2,615	2,621	2,587	2,567	2,581
Operating Income	2,387	2,007	1,859	1,393	1,066	699
Interest Expense	-673	-606	-568	-560	-577	-612
Interest & Investment Income	48	39	35	32	28	24
Other Non Operating Income (Expenses)	16	59	17	133	134	259
EBT Excluding Unusual Items	1,778	1,499	1,343	998	651	370
Gain (Loss) on Sale of Investments	37	38	15	-	-	-
Gain (Loss) on Sale of Assets	52	52	-	-	-	-
Asset Writedown	-1,288	-1,288	-556	-827	-466	-1,074
Other Unusual Items	1,288	1,288	532	688	458	1,065
Pretax Income	1,867	1,589	1,334	859	643	361
Income Tax Expense	570	439	310	183	124	174
Net Income	1,297	1,150	1,024	676	519	187
Net Income to Common	1,297	1,150	1,024	676	519	187
Net Income Growth	17.59%	12.31%	51.48%	30.25%	177.54%	-81.41%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	-1.53%	-0.25%	-0.01%	-0.01%	-	-
EPS (Basic)	163.69	143.48	127.44	84.12	64.58	23.27
EPS (Diluted)	163.69	143.48	127.44	84.12	64.58	23.27
EPS Growth	19.23%	12.58%	51.50%	30.27%	177.54%	-81.41%
Free Cash Flow	-	355	1,926	1,651	1,082	-652
Free Cash Flow Per Share	-	44.29	239.70	205.45	134.63	-81.13
Dividend Per Share	20.000	20.000	10.000	-	-	-
Dividend Growth	100.00%	100.00%	-	-	-	-
Gross Margin	-	20.89%	20.08%	18.67%	17.71%	16.21%
Operating Margin	10.40%	9.07%	8.33%	6.53%	5.20%	3.45%
Profit Margin	5.65%	5.20%	4.59%	3.17%	2.53%	0.92%
Free Cash Flow Margin	-	1.60%	8.63%	7.74%	5.27%	-3.22%
EBITDA	4,540	4,215	4,141	3,719	3,500	3,133
EBITDA Margin	-	19.05%	18.56%	17.44%	17.06%	15.49%
D&A For EBITDA	2,153	2,208	2,282	2,326	2,434	2,434
EBIT	2,387	2,007	1,859	1,393	1,066	699
EBIT Margin	-	9.07%	8.33%	6.53%	5.20%	3.45%
Effective Tax Rate	-	27.63%	23.24%	21.30%	19.29%	48.20%

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