
West Japan Railway Company
9021.TJPXIndustrialsRailroads
Latest quote
¥2,953
−¥6.50 · -0.22%
9021.T company overview
Regular session · JST · Market data may be delayed.
Company profile
Company websiteBased in Osaka, Japan, West Japan Railway Company, founded in 1987, primarily delivers passenger rail transportation services across the country. The company's operations span several key divisions: Transportation Operations, Retail Business, Real Estate Business, and various Other Businesses. It maintains a substantial railway infrastructure, extending 4,903.1 kilometers in total, comprising 812.6 kilometers of high-speed Shinkansen routes and 4,090.5 kilometers of conventional lines, facilitating travel through 1,174 stations. Additionally, it offers supplementary bus and ferry services. Beyond its core transport functions, the company engages extensively in retail, including the sale of goods, food service provision, wholesale distribution, and other retail initiatives. This encompasses the management of department stores, convenience stores, restaurants, souvenir shops, and shopping centers. Its real estate portfolio involves property sales and leasing. JR West also holds interests in hospitality (hotels), financial services (credit cards, electronic money), travel arrangements, rolling stock and equipment manufacturing, electrical contracting, construction, information technology solutions, and advertising.
- Industry
- Railroads
- Sector
- Industrials
- Headquarters
- JP
- CEO
- Kazuaki Hasegawa
- Listed since
- Apr 1, 1987
- Employees
- 47,225
Market position
Day range
Current ¥2,953
52-week range
Current ¥2,953
- Open
- ¥2,957
- Previous close
- ¥2,959.5
- Volume
- 1.31M
- 0.45× average
- Average volume
- 2.91M
- Average daily volume
- Market cap
- 1.34T JPY
- Beta
- 0.07
- Market reference 1
- 50-day average
- ¥2,845.97
- +3.76% above average
- 200-day average
- ¥3,009.51
- -1.88% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 2.8T JPY
- P/E (TTM)
- 11.41×
- P/B (TTM)
- 1.1×
- P/S (TTM)
- 0.73×
- EV / EBITDA
- 7.39×
- Earnings yield
- 8.88%
- Free cash flow yield
- 5.47%
- Dividend yield
- 3.30%
Profitability & efficiency
- Gross margin
- 24.77%
- Operating margin
- 10.35%
- Net margin
- 6.39%
- Return on equity
- 10.56%
- Return on assets
- 3.20%
- Return on invested capital
- 4.40%
Financial health
- Debt / equity
- 1.35×
- Current ratio
- 1.03×
- Altman Z-score
- 1.25
- Piotroski F-score
- 5 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (JPY) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | 1.85T JPY | 1.71T JPY | 1.64T JPY | 1.4T JPY | 1.03T JPY |
| Cost of goods sold | 1.38T JPY | 1.3T JPY | 1.25T JPY | 1.14T JPY | 1T JPY |
| Gross profit | 462.32B JPY | 404.9B JPY | 384.14B JPY | 257.3B JPY | 30.21B JPY |
| Research and development | — | 8.6B JPY | 7.63B JPY | 6B JPY | 4.98B JPY |
| Selling, general, and administrative | 264.24B JPY | 207.69B JPY | 188.91B JPY | 158.31B JPY | 137.34B JPY |
| Operating expenses | 264.24B JPY | 224.74B JPY | 204.39B JPY | 171.62B JPY | 149.31B JPY |
| Interest income | 277M JPY | 65M JPY | 57M JPY | 41M JPY | 101M JPY |
| Interest expense | 21.74B JPY | 19.51B JPY | 20.1B JPY | 20.82B JPY | 21.45B JPY |
| Depreciation and amortization | 177.85B JPY | 169.35B JPY | 163.32B JPY | 159.66B JPY | 162.07B JPY |
| Operating income | 198.08B JPY | 180.16B JPY | 179.75B JPY | 85.68B JPY | −119.09B JPY |
| Net income | 127.5B JPY | 113.96B JPY | 98.76B JPY | 88.53B JPY | −113.2B JPY |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 50%
- 5 beats, 5 misses, 0 met estimates
- Average EPS surprise
- +38.66%
- 10 comparable reports
- Latest EPS result
- 85.8
- Estimate 75.11 · Beat by 14.23%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
¥92.50
2025 complete year+85.0% since 2021
2026 partial: ¥52.50
¥50.00
2,021
¥50.00
2,022
¥66.25
2,023
¥79.25
2,024
¥92.50
2,025
¥52.50
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
DividendUpcoming | Sep 29, 2026 | ¥48.50Semi-Annual | Sep 30, 2026 | Sep 29, 2026 |
DividendUpcoming | Mar 30, 2027 | ¥49.00Semi-Annual | Mar 31, 2027 | Mar 30, 2027 |
Dividend | Mar 30, 2026 | ¥52.50Semi-Annual | Mar 31, 2026 | Jun 19, 2026 |
Dividend | Sep 29, 2025 | ¥45.00Semi-Annual | Sep 30, 2025 | Nov 28, 2025 |
Dividend | Mar 28, 2025 | ¥47.50Semi-Annual | Mar 31, 2025 | Jun 19, 2025 |
Dividend | Sep 27, 2024 | ¥37.00Semi-Annual | Sep 30, 2024 | Nov 28, 2024 |
Ex-dividend Sep 29, 2026
¥48.50
Semi-Annual
Record Sep 30, 2026 · Payment Sep 29, 2026
Ex-dividend Mar 30, 2027
¥49.00
Semi-Annual
Record Mar 31, 2027 · Payment Mar 30, 2027
Ex-dividend Mar 30, 2026
¥52.50
Semi-Annual
Record Mar 31, 2026 · Payment Jun 19, 2026
Ex-dividend Sep 29, 2025
¥45.00
Semi-Annual
Record Sep 30, 2025 · Payment Nov 28, 2025
Ex-dividend Mar 28, 2025
¥47.50
Semi-Annual
Record Mar 31, 2025 · Payment Jun 19, 2025
Ex-dividend Sep 27, 2024
¥37.00
Semi-Annual
Record Sep 30, 2024 · Payment Nov 28, 2024
9021.T peers
ETFs holding 9021.T
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core TOPIX ETF1475.T3.59B0.12%2.89T JPY0.05%¥417.7-0.07%
iShares JPX-Nikkei 400 ETF1364.T1.06B0.18%592.34B JPY0.05%¥3,7610.00%
iShares Core Nikkei 225 ETF1329.T634.52M0.03%2.12T JPY0.05%¥6,789-0.77%
Vanguard Total International Stock ETFVXUS121.34M0.02%646.2B USD0.05%$87.71+0.78%
Vanguard FTSE Developed Markets ETFVEA80.74M0.03%315B USD0.03%$73.42+0.80%
iShares Core MSCI EAFE ETFIEFA53.39M0.03%195.14B USD0.07%$100.85+0.86%
iShares MSCI Japan ETFEWJ32.11M0.14%22.49B USD0.49%$95.18+0.97%
JPMorgan BetaBuilders Japan ETFBBJP28.51M0.15%18.96B USD0.19%$76.87+0.97%
iShares Core TOPIX ETF1475.T- Market value
- 3.59B
- Weight
- 0.12%
- AUM
- 2.89T JPY
- Expense ratio
- 0.05%
- Price / 1D
- ¥417.7-0.07%
iShares JPX-Nikkei 400 ETF1364.T- Market value
- 1.06B
- Weight
- 0.18%
- AUM
- 592.34B JPY
- Expense ratio
- 0.05%
- Price / 1D
- ¥3,7610.00%
iShares Core Nikkei 225 ETF1329.T- Market value
- 634.52M
- Weight
- 0.03%
- AUM
- 2.12T JPY
- Expense ratio
- 0.05%
- Price / 1D
- ¥6,789-0.77%
Vanguard Total International Stock ETFVXUS- Market value
- 121.34M
- Weight
- 0.02%
- AUM
- 646.2B USD
- Expense ratio
- 0.05%
- Price / 1D
- $87.71+0.78%
Vanguard FTSE Developed Markets ETFVEA- Market value
- 80.74M
- Weight
- 0.03%
- AUM
- 315B USD
- Expense ratio
- 0.03%
- Price / 1D
- $73.42+0.80%
iShares Core MSCI EAFE ETFIEFA- Market value
- 53.39M
- Weight
- 0.03%
- AUM
- 195.14B USD
- Expense ratio
- 0.07%
- Price / 1D
- $100.85+0.86%
iShares MSCI Japan ETFEWJ- Market value
- 32.11M
- Weight
- 0.14%
- AUM
- 22.49B USD
- Expense ratio
- 0.49%
- Price / 1D
- $95.18+0.97%
JPMorgan BetaBuilders Japan ETFBBJP- Market value
- 28.51M
- Weight
- 0.15%
- AUM
- 18.96B USD
- Expense ratio
- 0.19%
- Price / 1D
- $76.87+0.97%
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