- JP-listed companies
- West Japan Railway Company
West Japan Railway CompanyJP:9021
Market cap
¥1.3T
P/E ratio
19.9x
| Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | |
| Profit (loss) before income taxes | 99,676 | 111,687 | 122,712 | 145,158 | 137,754 | 170,679 | 157,173 | 140,662 | -274,702 | -105,573 | 72,873 | 145,182 |
| Depreciation | 160,852 | 153,903 | 149,590 | 156,624 | 162,729 | 163,562 | 163,188 | 170,448 | 173,468 | 160,868 | 159,655 | 163,322 |
| Reduction entry of land contribution for construction | 12,166 | 13,972 | 51,494 | 13,652 | 13,858 | 24,208 | 22,107 | 11,606 | 10,666 | 18,375 | 63,493 | 16,310 |
| Loss on retirement of non-current assets | 8,179 | 5,182 | 6,101 | 7,114 | 7,335 | 5,506 | 8,056 | 11,934 | 5,982 | 5,984 | 5,228 | 5,601 |
| Loss (gain) on sale of non-current assets | - | - | - | - | - | - | - | - | -9,088 | -33,488 | -7,184 | -3,594 |
| Increase (decrease) in retirement benefit liability | - | 11,377 | 4,335 | -7,696 | -20,123 | -26,528 | -19,720 | -20,190 | -23,911 | -18,686 | -15,416 | -13,459 |
| Increase (decrease) in allowance for doubtful accounts | 18 | -263 | -148 | -48 | 167 | 1,705 | 940 | 728 | 311 | -113 | -147 | -1,533 |
| Increase (decrease) in provision for bonuses | 567 | 867 | 210 | 611 | -351 | 1,755 | -1,813 | -190 | -13,937 | 4 | 6,055 | 6,705 |
| Increase (decrease) in provision for large scale renovation of Shinkansen infrastructure | - | - | - | - | 4,166 | 4,166 | 4,166 | 4,166 | 4,166 | 4,166 | 4,166 | 4,166 |
| Increase (decrease) in other provisions | 4,611 | -260 | -575 | 11,156 | 9,305 | -4,366 | 6,438 | -8,706 | -5,307 | 5,721 | -4,089 | 14,806 |
| Interest and dividend income | -393 | -516 | -947 | -766 | -650 | -703 | -1,161 | -1,203 | -936 | -3,255 | -1,039 | -937 |
| Interest expenses | 30,490 | 28,053 | 25,898 | 24,158 | 22,350 | 20,906 | 20,030 | 19,465 | 20,455 | 21,450 | 20,816 | 20,101 |
| Share of loss (profit) of entities accounted for using equity method | -579 | -1,445 | -1,901 | -1,288 | -1,574 | -2,480 | -1,812 | -1,787 | -1,909 | -1,022 | -1,099 | -1,379 |
| Contribution received for construction | -14,447 | -15,955 | -52,395 | -14,487 | -14,649 | -25,533 | -23,724 | -12,191 | -11,841 | -19,678 | -65,983 | -17,105 |
| Decrease (increase) in trade receivables | -6,230 | -18,894 | -779 | -3,033 | 2,155 | -12,282 | -6,888 | 15,527 | 11,047 | -39,478 | -37,305 | -9,117 |
| Decrease (increase) in inventories | -4,567 | -6,286 | -4,504 | -1,632 | -1,131 | -15,736 | -2,709 | -9,184 | 3,874 | -22,680 | -3,364 | -6,492 |
| Increase (decrease) in trade payables | 2,418 | 36,982 | -5,811 | -3,168 | -23,044 | 23,440 | 41,268 | -16,487 | 30,642 | -41,733 | 55,335 | 24,688 |
| Increase/decrease in consumption taxes payable/consumption taxes refund receivable | - | - | - | - | - | - | - | 2,739 | -11,197 | 10,194 | 15,073 | 1,837 |
| Other, net | 4,461 | 883 | -5,255 | -17 | 8,935 | 9,605 | -1,585 | -2,239 | 22,626 | 8,563 | 37,883 | 5,500 |
| Subtotal | 305,712 | 314,275 | 299,361 | 321,472 | 313,002 | 337,540 | 358,679 | 305,097 | -69,930 | -50,382 | 304,952 | 354,603 |
| Interest and dividends received | 399 | 516 | 819 | 747 | 625 | 700 | 1,159 | 1,201 | 939 | 3,254 | 1,033 | 934 |
| Interest paid | -30,325 | -28,222 | -26,039 | -24,148 | -22,573 | -20,663 | -19,753 | -19,217 | -20,191 | -21,215 | -20,633 | -19,939 |
| Income taxes paid | -37,775 | -48,835 | -50,527 | -38,191 | -56,908 | -42,475 | -50,357 | -46,928 | -14,113 | -18,124 | -11,388 | -17,283 |
| Net cash provided by (used in) operating activities | 238,010 | 237,733 | 223,613 | 259,880 | 234,144 | 275,101 | 289,728 | 240,152 | -103,295 | -86,468 | 273,964 | 318,314 |
| Purchase of non-current assets | -169,400 | -182,585 | -239,680 | -258,616 | -208,832 | -201,705 | -257,264 | -265,152 | -242,047 | -240,480 | -246,013 | -249,352 |
| Proceeds from sale of non-current assets | 1,658 | 2,153 | 2,678 | 24,243 | 1,044 | 2,239 | 453 | 1,564 | 12,850 | 34,832 | 11,389 | 4,964 |
| Proceeds from contribution received for construction | 17,062 | 20,009 | 27,816 | 16,652 | 22,728 | 36,391 | 29,932 | 21,742 | 22,793 | 26,365 | 28,920 | 23,325 |
| Purchase of investment securities | -1,655 | -2,464 | -1,404 | -9,739 | -9,985 | -4,604 | -15,289 | -25,507 | -3,020 | -1,829 | -2,375 | -22,327 |
| Proceeds from sale of investment securities | 323 | 127 | 304 | 69 | 930 | 631 | 55 | 1,923 | 812 | 1,582 | 700 | 1,422 |
| Net decrease (increase) in loans receivable | - | - | 21 | -3,839 | -5,766 | 3,083 | 501 | -34 | -927 | -3,144 | -1,304 | 3,561 |
| Other, net | -2,939 | -2,724 | -2,647 | -1,953 | -2,248 | -2,388 | -5,808 | -3,193 | -2,153 | -6,036 | -6,218 | -5,245 |
| Net cash provided by (used in) investing activities | -154,741 | -165,356 | -212,912 | -233,219 | -295,808 | -166,352 | -247,420 | -268,657 | -211,692 | -188,711 | -214,902 | -243,651 |
| Net increase (decrease) in short-term borrowings | 615 | 1,541 | 221 | -1,546 | 433 | 857 | 4,248 | 3,791 | -5,448 | -5,104 | 1,217 | 1,508 |
| Proceeds from long-term borrowings | 32,200 | 66,200 | 67,200 | 64,400 | 60,800 | 37,600 | 29,700 | 20,000 | 283,600 | 68,600 | 18,600 | 39,500 |
| Repayments of long-term borrowings | -72,098 | -38,805 | -25,656 | -48,129 | -34,088 | -31,780 | -41,326 | -39,205 | -36,507 | -36,952 | -71,572 | -39,550 |
| Proceeds from issuance of bonds | 25,000 | 10,000 | 40,000 | 35,000 | 70,000 | 40,000 | 70,000 | 10,000 | 330,000 | 160,000 | 10,000 | - |
| Redemption of bonds | -30,000 | - | -20,000 | -20,000 | -30,000 | -50,000 | -25,000 | -35,000 | -35,000 | -25,000 | -25,000 | -100,000 |
| Payments of long-term accounts payable - railway facilities | -40,869 | -39,705 | -38,114 | -33,633 | -30,650 | -1,515 | -1,583 | -1,645 | -1,567 | -1,309 | -1,167 | -1,245 |
| Purchase of treasury shares | - | - | - | - | - | - | -9,999 | -9,999 | - | - | -963 | -1 |
| Dividends paid | -20,319 | -21,300 | -23,249 | -25,197 | -27,118 | -29,049 | -32,329 | -34,999 | -24,870 | -23,214 | -24,400 | -32,290 |
| Dividends paid to non-controlling interests | - | - | -143 | -123 | -122 | -122 | -114 | -333 | -311 | -305 | -235 | -300 |
| Other, net | 20,253 | -25,624 | 1,432 | -2,085 | 35,052 | -37,413 | -770 | -1,774 | -3,144 | -2,885 | 4,756 | 759 |
| Net cash provided by (used in) financing activities | -85,267 | -47,811 | 1,689 | -31,315 | 44,304 | -71,422 | -7,174 | -29,167 | 446,749 | 384,685 | -88,765 | -131,620 |
| Net increase (decrease) in cash and cash equivalents | -1,998 | 24,565 | 12,390 | -4,654 | -17,359 | 37,326 | 35,132 | -57,671 | 131,761 | 109,505 | -29,703 | -56,956 |
| Increase in cash and cash equivalents resulting from inclusion of subsidiaries in consolidation | - | - | - | - | - | 789 | - | 1,110 | - | 45 | - | 282 |