Kyushu Railway Company Revises Consolidated and Non Consolidated Earnings Forecast for the Full Year of Fiscal Year Ending March 31, 2023
November 01, 2022 at 02:20 am EDT
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Kyushu Railway Company revised consolidated and non consolidated earnings forecast for the full year of fiscal year ending March 31, 2023. For the full year, on consolidated basis, the company expected net sales to be JPY 381,400 million, Operating income to be JPY 29,000 million, net income attributable to owners of parent to be JPY 26,600 million and net income per share to be JPY 169.30 compared to previously expected guidance of net sales to be JPY 381,400 million, Operating income to be JPY 29,000 million, net income attributable to owners of parent to be JPY 24,500 million and net income per share to be JPY 155.93.
For the full year, on non-consolidated basis, the company expected net sales to be JPY 210,500 million, Operating income to be JPY 18,200 million, net income to be JPY 23,200 million and net income per share to be JPY 147.66 compared to previously expected guidance of net sales to be JPY 210,500 million, Operating income to be JPY 18,200 million, net income to be JPY 21,100 million and net income per share to be JPY 134.29.
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.