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Kobe Electric Railway Co 9046.T · JPY

Industrials · Tokyo Stock Exchange · 🇯🇵 Japan

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2,266

+1.21%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥23.35bn

FY2017FY2026

Net income

¥1.46bn

FY2017FY2026

Free cash flow

−¥153.0m

FY2017FY2026

Shareholders' equity

¥25.29bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥23.35bn¥22.13bn¥22.31bn¥21.32bn¥20.52bn¥20.23bn¥22.75bn¥22.98bn¥23.00bn¥23.15bn
Gross profit¥5.27bn¥4.35bn¥4.17bn¥3.66bn¥3.30bn¥2.94bn¥4.40bn¥4.48bn¥4.51bn¥4.46bn
Operating income¥2.42bn¥2.01bn¥1.86bn¥1.42bn¥981.0m¥557.0m¥2.08bn¥2.33bn¥2.27bn¥2.24bn
Net income¥1.46bn¥1.15bn¥1.02bn¥676.0m¥519.0m¥187.0m¥1.01bn¥1.21bn¥1.24bn¥1.29bn
Diluted earnings per share184.79145.35127.4784.1364.5823.27125.15151.04154.37160.06

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥93.49bn¥90.86bn¥90.64bn¥90.80bn¥92.35bn¥92.89bn¥92.97bn¥93.73bn¥96.99bn¥95.64bn
Cash and short-term investments¥1.32bn¥1.05bn¥1.47bn¥1.44bn¥1.26bn¥1.37bn¥1.18bn¥1.11bn¥1.01bn¥867.0m
Total liabilities¥68.20bn¥67.32bn¥67.69bn¥69.56bn¥71.73bn¥72.72bn¥73.53bn¥75.05bn¥79.35bn¥79.38bn
Debt¥53.90bn¥55.73bn¥56.25bn¥58.29bn¥60.10bn¥61.69bn¥62.10bn¥63.63bn¥65.27bn¥66.82bn
Shareholders' equity¥25.29bn¥23.54bn¥22.94bn¥21.24bn¥20.63bn¥20.17bn¥19.44bn¥18.68bn¥17.63bn¥16.25bn
Shares outstanding8m8m8m8m8m8m8m8m8m8m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥3.84bn¥2.96bn¥3.78bn¥3.42bn¥2.81bn¥1.88bn¥4.80bn¥4.20bn¥3.92bn¥4.19bn
Capital spending−¥3.99bn−¥2.61bn−¥1.85bn−¥1.77bn−¥1.73bn−¥2.54bn−¥4.13bn−¥4.28bn−¥4.21bn−¥3.17bn
Free cash flow−¥153.0m¥355.0m¥1.93bn¥1.65bn¥1.08bn−¥652.0m¥679.0m−¥81.0m−¥292.0m¥1.02bn
Dividends paid−¥158.0m−¥80.0m————————

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥5.86bn¥5.96bn¥5.92bn¥5.68bn¥5.78bn¥5.56bn¥5.60bn¥5.42bn
Gross profit¥1.53bn¥810.0m¥1.51bn¥1.32bn¥1.63bn¥674.0m¥1.38bn¥1.11bn
Operating income¥844.0m¥21.0m¥835.0m¥592.0m¥974.0m−¥14.0m¥731.0m¥463.0m
Net income¥500.0m¥85.0m¥496.0m¥303.0m¥578.0m−¥80.0m¥447.0m¥246.0m
Diluted earnings per share63.2010.7462.6938.3073.06-10.1155.6430.62
Total assets¥92.32bn¥93.49bn¥90.41bn¥90.64bn¥89.79bn¥90.86bn¥89.21bn¥89.41bn
Cash and short-term investments¥1.73bn¥1.32bn¥1.52bn¥1.72bn¥1.48bn¥1.05bn¥1.67bn¥1.36bn
Debt¥20.64bn¥53.90bn¥20.55bn¥54.97bn¥21.33bn¥54.91bn¥16.57bn¥54.61bn
Shareholders' equity¥25.76bn¥25.29bn¥24.91bn¥24.36bn¥23.96bn¥23.54bn¥24.12bn¥23.58bn

Financial ratios

Data as of 27 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin22.6%19.7%18.7%17.2%16.1%14.5%
Operating margin10.4%9.1%8.3%6.7%4.8%2.8%
Net margin6.3%5.2%4.6%3.2%2.5%0.9%
Return on equity5.8%4.9%4.5%3.2%2.5%0.9%
Return on assets1.6%1.3%1.1%0.7%0.6%0.2%
Free cash flow yield40.0%28.5%28.3%26.1%22.8%22.2%
Revenue growth5.5%-0.8%4.7%3.9%1.4%-11.1%
Earnings growth27.1%12.3%51.5%30.3%177.5%-81.4%
Current ratio0.23x0.18x0.22x0.23x0.17x0.20x
Debt to equity2.13x2.33x2.41x2.69x2.85x3.00x
Equity ratio27.0%25.9%25.3%23.4%22.3%21.7%
Interest coverage3.46x3.31x3.27x2.53x1.70x0.91x
Buybacks as a share of market value0.0%1.5%0.0%0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue3.1%2.9%0.1%
Operating income19.5%34.2%0.6%
Net income29.3%50.9%1.7%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin21.2%19.6%18.2%18.8%
Operating margin9.7%8.6%7.1%8.4%
Net margin5.7%4.8%3.9%4.5%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings12.217.018.334.848.9135.828.826.325.525.0
Price to sales0.80.90.81.11.21.31.31.41.41.4

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2005FY2000FY1999FY1998
Paid in the year45.0010.0015.0020.0015.0035.00
  • 10-to-1 reverse split · 27 Sept 2017

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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