Kyushu Railway : FY22.3 Financial Results Overview, Third Quarter
February 08, 2022 at 01:42 am EST
Share
FY22.3
Financial Results Overview,
Third Quarter
February 8, 2022
Contents
Ⅰ Financial Results for the First Nine-Months of FY22.3
3
Ⅱ Full-Year Performance Forecasts and Dividend Forecasts for
8
FY22.3
Ⅲ Status of Progress with Strategies During the COVID-19
20
Pandemic
2
Financial Results for the First Nine-Months of FY22.3
3
Consolidated Financial Highlights for the Nine-Month Period Ended December 31, 2021
（bil）
9 months ended
9 months ended
YoY
December 31,2020
December 31,2021
Operating revenue
202.4
222.7
20.3
110.0%
Operating income
(18.6)
2.7
21.3
-
Ordinary income
(16.1)
6.9
23.1
-
Extraordinary gains and
2.5
(0.9)
(3.4)
-
losses
Net income attributable to
(11.6)
9.2
20.8
-
owners of the parent
EBITDA※
1.7
22.6
20.9
-
※Note: EBITDA = operating income + depreciation expense (excluding depreciation of leased assets held for subleasing purposes). The same applies hereafter
Operating revenue
Despite the continued influence of the COVID-19 infection and the change of JR Kyushu Drug Eleven to an equity-method affiliate [¥(12.4) billion], operating revenue increased due to a moderate recovery in demand in each business and condominium sales.
Operating income
Achieved profitability at the operating level due to the increase in operating revenues; continued cost reductions, centered on the railway business; etc.
Change in operating revenue by segment
Change in operating income by segment
（¥bil）
（¥bil）
2.7
250
+1.1
+0.2
+1.1
+13.6
+5.3
222.7
+4.3
+2.3
0
+11.2
+13.4
+0.0
202.4
(8.7)
(2.5)
200
(10)
150
(20)
(18.6)
(30)
100
Transportation
Construction
Operating revenue )3.(FY21
Transportation
Construction
Estate Real Hotels and
and Retail Restaurant
Other
Adjustment
Operating revenue 3).(FY22
Operating income 3).(FY21
Estate Real Hotels and
and Retail Restaurant
Other
Adjustment
Operating income 3).(FY22
4
Quarterly Trend of FY22.3
In the third quarter results were firm in each business due to a recovery in mobility demand resulting from the lifting of the state of emergency, etc., at the end of September 2021.
Consolidated
（¥bil）
Operating
Operating
EBITDA
100
revenue
income
81.0
80
72.0
69.5
60
40
13.8
20
5.0
3.7
6.8
0
(1.3)
(2.7)
(20)
1Q
2Q
3Q
Real Estate and Hotels Segment
（¥bil）
40Operating Operating EBITDA revenue income
30 25.2
20
18.5
18.9
10
7.5
6.1
7.4
4.0
2.7
3.9
0
Railway Business (non-consolidated)
Operating
Railway
Operating
（¥bil）
transportation
EBITDA
revenue
income
40
revenues
30.9
30
27.3
22.8
23.4
19.6
20.2
20
10
0.6
2.5
0
(10) (5.0)(3.1) (6.6)(4.7)
1Q 2Q 3Q
Retail and Restaurant segment
（¥bil）
20
Operating Operating EBITDA revenue income
15
12.7
9.4 10.2
10
5
0.0
0.3
0.6
0
(0.8)
(0.5)
(0.2)
(5)
1Q
2Q
3Q
1Q
2Q
3Q
5
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Kyushu Railway Company published this content on 08 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2022 06:41:17 UTC.
Kyushu Railway Company is a Japan-based company mainly engaged in transportation, construction, station buildings and real estate, distribution and food business, as well as other business around Kyushu in Japan. The Company operates in four business segments. The Transportation segment operates railway business, bus business, marine business and car rental business. The Construction segment operates construction business, vehicle mechanical equipment engineering business, and electrical construction business. The Real Estate and Hotel segment engages in leasing and sale of real estate, parking lot operation, senior business, hotel business and operation of complex tourism facilities. The Distribution and Food segment engages in retail industry, catering industry and agriculture industry.
KYUSHU RAILWAY COMPANY 
