East Japan Railway Company logo

East Japan Railway Company

9020.T

JPXIndustrialsRailroads

Latest quote

¥3,537

−¥2.00 · -0.06%

Aug 24, 3:30 PM JST

9020.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

East Japan Railway Company is a leading international passenger rail operator, with its primary operations centered in Japan. The company's multifaceted business activities are categorized into segments such as Transportation, Retail & Services, Real Estate & Hotels, and various other ventures. Beyond its core passenger railway services, it provides a comprehensive suite of offerings including freight and bus transportation, travel agency solutions, warehousing, financial services, telecommunications, computer-related data services, casualty insurance, and dry cleaning. Its extensive portfolio also spans the operation of aerial cableways and parking lots; advertising and publishing; vehicle maintenance and repair; hotel and restaurant management; civil engineering and general construction; facilities development; and electricity supply. The company further engages in the retail of prepaid vouchers, memberships for sports and leisure facilities (including golf and tennis clubs), automotive supplies (oil, gas, car accessories), travel goods, food, beverages, liquors, medicines, cosmetics, and everyday necessities. Its real estate involvement includes the sale, leasing, management, and brokerage of properties. JR East also manufactures transport-related and industrial machinery, precision tools, and produces signs and information boards. It is responsible for the establishment and management of recreation areas, fitness centers, cultural facilities, preparatory schools, other educational institutions, and movie theaters. Additionally, its operations encompass the production of beverages and alcoholic drinks, processing and sale of marine products, manufacturing and selling construction materials (aggregates, masonry, concrete posts, and blocks), event ticket sales, and photo development services. Possessing a significant infrastructure, the company manages 1,676 railway stations along a 7,401.7-kilometer railway network, operates 193 shopping centers, and oversees various hotels totaling 9,190 guest rooms. East Japan Railway Company was established in 1987 and is based in Tokyo, Japan.

Industry
Railroads
Sector
Industrials
Headquarters
JP
CEO
Yoichi Kise
Listed since
Oct 26, 1993
Employees
70,623

Market position

52-week range

Current ¥3,537

Open
¥3,537
Previous close
¥3,539
Volume
1.74M
0.51× average
Average volume
3.43M
Average daily volume
Market cap
3.99T JPY
Beta
0.04
Market reference 1
50-day average
¥3,497.74
+1.12% above average
200-day average
¥3,713.77
-4.76% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
8.99T JPY
P/E (TTM)
16.83×
P/B (TTM)
1.3×
P/S (TTM)
1.27×
EV / EBITDA
10.46×
Earnings yield
6.05%
Free cash flow yield
-3.00%
Dividend yield
2.09%

Profitability & efficiency

Gross margin
36.90%
Operating margin
13.53%
Net margin
7.55%
Return on equity
8.13%
Return on assets
2.29%
Return on invested capital
3.33%

Financial health

Debt / equity
1.73×
Current ratio
0.78×
Altman Z-score
1.07
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends41%23%6%-12%Gross margin, FY2022: 19.35%Gross margin, FY2023: 29.84%Gross margin, FY2024: 35.33%Gross margin, FY2025: 35.74%Gross margin, FY2026: 36.69%Operating margin, FY2022: -7.78%Operating margin, FY2023: 5.85%Operating margin, FY2024: 12.64%Operating margin, FY2025: 13.05%Operating margin, FY2026: 13.43%Net margin, FY2022: -4.80%Net margin, FY2023: 4.13%Net margin, FY2024: 7.20%Net margin, FY2025: 7.77%Net margin, FY2026: 8.03%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 19.35%. Gross margin FY2023 29.84%. Gross margin FY2024 35.33%. Gross margin FY2025 35.74%. Gross margin FY2026 36.69%. Operating margin FY2022 -7.78%. Operating margin FY2023 5.85%. Operating margin FY2024 12.64%. Operating margin FY2025 13.05%. Operating margin FY2026 13.43%. Net margin FY2022 -4.80%. Net margin FY2023 4.13%. Net margin FY2024 7.20%. Net margin FY2025 7.77%. Net margin FY2026 8.03%.

Income trends

Revenue

3.08T JPY+6.83%

Operating income

414.26B JPY+9.95%

Net income

247.85B JPY+10.50%
Income trends across reported periods3.41T JPY2.11T JPY817.65B JPY−477.8B JPYRevenue, FY2022: 1.98T JPYRevenue, FY2023: 2.41T JPYRevenue, FY2024: 2.73T JPYRevenue, FY2025: 2.89T JPYRevenue, FY2026: 3.08T JPYOperating income, FY2022: −153.94B JPYOperating income, FY2023: 140.63B JPYOperating income, FY2024: 345.16B JPYOperating income, FY2025: 376.79B JPYOperating income, FY2026: 414.26B JPYNet income, FY2022: −94.95B JPYNet income, FY2023: 99.23B JPYNet income, FY2024: 196.45B JPYNet income, FY2025: 224.29B JPYNet income, FY2026: 247.85B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 1.98T JPY. Revenue FY2023 2.41T JPY. Revenue FY2024 2.73T JPY. Revenue FY2025 2.89T JPY. Revenue FY2026 3.08T JPY. Operating income FY2022 −153.94B JPY. Operating income FY2023 140.63B JPY. Operating income FY2024 345.16B JPY. Operating income FY2025 376.79B JPY. Operating income FY2026 414.26B JPY. Net income FY2022 −94.95B JPY. Net income FY2023 99.23B JPY. Net income FY2024 196.45B JPY. Net income FY2025 224.29B JPY. Net income FY2026 247.85B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue3.08T JPY2.89T JPY2.73T JPY2.41T JPY1.98T JPY
Cost of goods sold1.95T JPY1.86T JPY1.77T JPY1.69T JPY1.6T JPY
Gross profit1.13T JPY1.03T JPY964.48B JPY717.71B JPY382.9B JPY
Research and development23.1B JPY21.9B JPY19.3B JPY20.1B JPY
Selling, general, and administrative717.53B JPY527.93B JPY498.86B JPY462.53B JPY422.65B JPY
Operating expenses717.53B JPY655.25B JPY619.32B JPY577.08B JPY536.84B JPY
Interest income799M JPY416M JPY71M JPY93M JPY149M JPY
Interest expense83.27B JPY74.83B JPY69.98B JPY63.75B JPY62.16B JPY
Depreciation and amortization442.93B JPY418.87B JPY403.29B JPY400.51B JPY403.91B JPY
Operating income414.26B JPY376.79B JPY345.16B JPY140.63B JPY−153.94B JPY
Net income247.85B JPY224.29B JPY196.45B JPY99.23B JPY−94.95B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
+41.54%
11 comparable reports
Latest EPS result
60.24
Estimate 68.54 · Miss by 12.11%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates77.2252.227.192.17Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 67.93, estimate 27.68, surprise +145.41%, Beat. Q2 2025, reported Apr 30, 2025: actual 6.77, estimate 2.55, surprise +165.49%, Beat. Q3 2025, reported Jul 31, 2025: actual 69.56, estimate 64.96, surprise +7.08%, Beat. Q4 2025, reported Oct 30, 2025: actual 60.68, estimate 71.69, surprise -15.36%, Miss. Q1 2026, reported Feb 2, 2026: actual 63.98, estimate 70.64, surprise -9.43%, Miss. Q2 2026, reported Apr 30, 2026: actual 24.82, estimate 23.11, surprise +7.40%, Beat. Q3 2026, reported Jul 31, 2026: actual 60.24, estimate 68.54, surprise -12.11%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 67.16, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates865.36B800.17B734.98B669.79BQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 703.08B JPY, estimate 717.09B JPY, surprise -1.95%, Miss. Q2 2025, reported Apr 30, 2025: actual 761.48B JPY, estimate 755.26B JPY, surprise +0.82%, Beat. Q3 2025, reported Jul 31, 2025: actual 715.35B JPY, estimate 719.08B JPY, surprise -0.52%, Miss. Q4 2025, reported Oct 30, 2025: actual 779.42B JPY, estimate 743.33B JPY, surprise +4.86%, Beat. Q1 2026, reported Feb 2, 2026: actual 779.45B JPY, estimate 772.26B JPY, surprise +0.93%, Beat. Q2 2026, reported Apr 30, 2026: actual 832.07B JPY, estimate 821.78B JPY, surprise +1.25%, Beat. Q3 2026, reported Jul 31, 2026: actual 772.72B JPY, estimate 768.49B JPY, surprise +0.55%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 791.48B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥69.00

2025 complete year+107.0% since 2021

2026 partial: ¥39.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥42.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥42.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥39.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 22, 2026

Dividend

Ex-dividend Sep 29, 2025

¥35.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 1, 2025

Dividend

Ex-dividend Mar 28, 2025

¥34.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 23, 2025

Dividend

Ex-dividend Sep 27, 2024

¥26.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 2, 2024

9020.T peers

ETFs holding 9020.T

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research 9020.T

research.disclaimer