Central Japan Railway Company logo

Central Japan Railway Company

9022.T

JPXIndustrialsRailroads

Latest quote

¥3,937

+¥1.00 · +0.03%

Aug 24, 1:22 PM JST

9022.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Central Japan Railway Company engages in the railway and related businesses in Japan. The company operates through Transportation, Distribution, and Real Estate segments. It operates Tokaido Shinkansen, a transportation artery that links metropolitan areas of Tokyo, Nagoya, and Osaka; and department stores within JR Central Towers, as well as bus operations. The company is also involved in sale of goods on board trains and within stations; renting real estate properties, such as station buildings; sale of real estate in condominiums; and manufacturing and maintain of railway rolling stock and machinery. In addition, it engages in hotel, travel, and advertising business. The company was incorporated in 1987 and is headquartered in Nagoya, Japan.

Industry
Railroads
Sector
Industrials
Headquarters
JP
CEO
Shunsuke Niwa
Listed since
Jan 4, 2001
Employees
29,569

Market position

Day range

Current ¥3,937

52-week range

Current ¥3,937

Open
¥3,921
Previous close
¥3,936
Volume
836.5K
0.27× average
Average volume
3.07M
Average daily volume
Market cap
3.74T JPY
Beta
0.15
Market reference 1
50-day average
¥3,678.84
+7.02% above average
200-day average
¥4,040.19
-2.55% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.07T JPY
P/E (TTM)
6.88×
P/B (TTM)
0.72×
P/S (TTM)
1.85×
EV / EBITDA
6.64×
Earnings yield
13.98%
Free cash flow yield
6.44%
Dividend yield
0.81%

Profitability & efficiency

Gross margin
51.88%
Operating margin
40.98%
Net margin
27.23%
Return on equity
10.91%
Return on assets
5.08%
Return on invested capital
5.91%

Financial health

Debt / equity
0.93×
Current ratio
1.8×
Altman Z-score
1.58
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends58%35%12%-11%Gross margin, FY2022: 17.28%Gross margin, FY2023: 39.45%Gross margin, FY2024: 46.66%Gross margin, FY2025: 49.29%Gross margin, FY2026: 52.19%Operating margin, FY2022: 0.18%Operating margin, FY2023: 26.74%Operating margin, FY2024: 35.51%Operating margin, FY2025: 38.37%Operating margin, FY2026: 41.38%Net margin, FY2022: -5.55%Net margin, FY2023: 15.67%Net margin, FY2024: 22.47%Net margin, FY2025: 25.03%Net margin, FY2026: 27.56%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 17.28%. Gross margin FY2023 39.45%. Gross margin FY2024 46.66%. Gross margin FY2025 49.29%. Gross margin FY2026 52.19%. Operating margin FY2022 0.18%. Operating margin FY2023 26.74%. Operating margin FY2024 35.51%. Operating margin FY2025 38.37%. Operating margin FY2026 41.38%. Net margin FY2022 -5.55%. Net margin FY2023 15.67%. Net margin FY2024 22.47%. Net margin FY2025 25.03%. Net margin FY2026 27.56%.

Income trends

Revenue

2.01T JPY+9.52%

Operating income

830.17B JPY+18.12%

Net income

552.87B JPY+20.60%
Income trends across reported periods2.21T JPY1.39T JPY565.52B JPY−257.74B JPYRevenue, FY2022: 935.14B JPYRevenue, FY2023: 1.4T JPYRevenue, FY2024: 1.71T JPYRevenue, FY2025: 1.83T JPYRevenue, FY2026: 2.01T JPYOperating income, FY2022: 1.71B JPYOperating income, FY2023: 374.5B JPYOperating income, FY2024: 607.38B JPYOperating income, FY2025: 702.79B JPYOperating income, FY2026: 830.17B JPYNet income, FY2022: −51.93B JPYNet income, FY2023: 219.42B JPYNet income, FY2024: 384.41B JPYNet income, FY2025: 458.42B JPYNet income, FY2026: 552.87B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 935.14B JPY. Revenue FY2023 1.4T JPY. Revenue FY2024 1.71T JPY. Revenue FY2025 1.83T JPY. Revenue FY2026 2.01T JPY. Operating income FY2022 1.71B JPY. Operating income FY2023 374.5B JPY. Operating income FY2024 607.38B JPY. Operating income FY2025 702.79B JPY. Operating income FY2026 830.17B JPY. Net income FY2022 −51.93B JPY. Net income FY2023 219.42B JPY. Net income FY2024 384.41B JPY. Net income FY2025 458.42B JPY. Net income FY2026 552.87B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue2.01T JPY1.83T JPY1.71T JPY1.4T JPY935.14B JPY
Cost of goods sold959.25B JPY928.9B JPY912.31B JPY847.85B JPY773.58B JPY
Gross profit1.05T JPY902.95B JPY798.1B JPY552.44B JPY161.56B JPY
Research and development36.75B JPY33B JPY30.33B JPY28.76B JPY
Selling, general, and administrative216.8B JPY185.41B JPY176.52B JPY163.3B JPY145.01B JPY
Operating expenses216.8B JPY200.15B JPY190.72B JPY177.94B JPY159.85B JPY
Interest income18.94B JPY9.42B JPY3.33B JPY2.12B JPY2.42B JPY
Interest expense78.78B JPY79.02B JPY79.09B JPY79.11B JPY79.02B JPY
Depreciation and amortization205.94B JPY208.04B JPY216.41B JPY219.61B JPY207.04B JPY
Operating income830.17B JPY702.79B JPY607.38B JPY374.5B JPY1.71B JPY
Net income552.87B JPY458.42B JPY384.41B JPY219.42B JPY−51.93B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+69.58%
11 comparable reports
Latest EPS result
149.59
Estimate 144.68 · Beat by 3.39%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates181.71135.6189.543.4Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 145.54, estimate 123.96, surprise +17.41%, Beat. Q2 2025, reported Apr 30, 2025: actual 82.89, estimate 51.06, surprise +62.34%, Beat. Q3 2025, reported Jul 29, 2025: actual 147.88, estimate 131.87, surprise +12.14%, Beat. Q4 2025, reported Oct 29, 2025: actual 157.24, estimate 155.23, surprise +1.29%, Beat. Q1 2026, reported Feb 2, 2026: actual 168.23, estimate 129.76, surprise +29.65%, Beat. Q2 2026, reported Apr 28, 2026: actual 98.59, estimate 67.7, surprise +45.63%, Beat. Q3 2026, reported Jul 31, 2026: actual 149.59, estimate 144.68, surprise +3.39%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 172.03, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates555.03B511.51B467.99B424.48BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 475.39B JPY, estimate 471.3B JPY, surprise +0.87%, Beat. Q2 2025, reported Apr 30, 2025: actual 446.06B JPY, estimate 445.82B JPY, surprise +0.05%, Beat. Q3 2025, reported Jul 29, 2025: actual 478.28B JPY, estimate 456.64B JPY, surprise +4.74%, Beat. Q4 2025, reported Oct 29, 2025: actual 525.26B JPY, estimate 498.73B JPY, surprise +5.32%, Beat. Q1 2026, reported Feb 2, 2026: actual 533.68B JPY, estimate 504.22B JPY, surprise +5.84%, Beat. Q2 2026, reported Apr 28, 2026: actual 492.07B JPY, estimate 482.82B JPY, surprise +1.92%, Beat. Q3 2026, reported Jul 31, 2026: actual 492.72B JPY, estimate 482.64B JPY, surprise +2.09%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 494.7B JPY, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Sep 28, 2023

5:1

Stock split

Effective Sep 26, 2012

100:1

9022.T peers

ETFs holding 9022.T

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

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