Summary Marketline's East Japan Railway Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by East Japan Railway Company - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Allianc...
Summary East Japan Railway Co - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights East Japan Railway Co (JR East) is a passenger railway operator. It owns and operates a network between Tokyo and major cities in eastern Honshu and Japan's main island. The company's transportati...
CENTRAL JAPAN RAILWAY (JP), a company active in the Transportation Services industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date March 4, 2022, the closing price was JPY 15,450.00 and its potenti...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
We raise our fair value estimate for narrow-moat-rated Central Japan Railway to JPY 24,000 per share from JPY 20,500, underpinned by our increased conviction in the long-term growth outlook for the Tokaido Shinkansen. Continuing its strong fiscal first-half momentum, JRC’s third quarter (for the fiscal year ending March 2019) showed solid performance, with revenue up 3.1% year over year on robust transportation revenue growth of 3.2% and overall operating margin continuing its improvement over...
We raise our fair value estimate for narrow-moat-rated Central Japan Railway to JPY 24,000 per share from JPY 20,500, underpinned by our increased conviction in the long-term growth outlook for the Tokaido Shinkansen. Continuing its strong fiscal first-half momentum, JRC’s third quarter (for the fiscal year ending March 2019) showed solid performance, with revenue up 3.1% year over year on robust transportation revenue growth of 3.2% and overall operating margin continuing its improvement over...
We raise our fair value estimate for narrow-moat-rated Central Japan Railway to JPY 24,000 per share from JPY 20,500, underpinned by our increased conviction in the long-term growth outlook for the Tokaido Shinkansen. Continuing its strong fiscal first-half momentum, JRC’s third quarter (for the fiscal year ending March 2019) showed solid performance, with revenue up 3.1% year over year on robust transportation revenue growth of 3.2% and overall operating margin continuing its improvement over...
Narrow-moat Central Japan Railway (JRC) reported better-than-expected fiscal year 2018 second-quarter (fiscal year ending March 2019) earnings with margins ahead of our full-year assumptions, though growth is trending in line. Operating income growth of 4.8% year over year is commendable and is driven by effective cost management, leading operating margin to expand by 130 basis points (versus the same period a year ago) to 41.7%. The merchandise segment, which accounts for approximately 13% of J...
Central Japan Railway, or JRC is the second-largest railway network operator deriving 94% of its operating profit from the rail business. Merchandise and real estate accounts for the balance. The rail segment’s high profitability is primarily driven by the Tokaido Shinkansen, which connects Tokyo to Osaka via Nagoya and has historically garnered superior margins to Shinkansen lines operated by its peers. Commuters travelling to Nagoya or Osaka from Tokyo have preferred Shinkansen to airlines d...
Narrow-moat Central Japan Railway (JRC) reported better-than-expected fiscal year 2018 second-quarter (fiscal year ending March 2019) earnings with margins ahead of our full-year assumptions, though growth is trending in line. Operating income growth of 4.8% year over year is commendable and is driven by effective cost management, leading operating margin to expand by 130 basis points (versus the same period a year ago) to 41.7%. The merchandise segment, which accounts for approximately 13% of J...
Narrow-moat Central Japan Railway (JRC) reported better-than-expected fiscal year 2018 second-quarter (fiscal year ending March 2019) earnings with margins ahead of our full-year assumptions, though growth is trending in line. Operating income growth of 4.8% year over year is commendable and is driven by effective cost management, leading operating margin to expand by 130 basis points (versus the same period a year ago) to 41.7%. The merchandise segment, which accounts for approximately 13% of J...
Narrow-moat Central Japan Railway (JRC) reported better-than-expected fiscal year 2018 second-quarter (fiscal year ending March 2019) earnings with margins ahead of our full-year assumptions, though growth is trending in line. Operating income growth of 4.8% year over year is commendable and is driven by effective cost management, leading operating margin to expand by 130 basis points (versus the same period a year ago) to 41.7%. The merchandise segment, which accounts for approximately 13% of J...
Narrow-moat Central Japan Railway (JRC) reported better-than-expected fiscal year 2018 second-quarter (fiscal year ending March 2019) earnings with margins ahead of our full-year assumptions, though growth is trending in line. Operating income growth of 4.8% year over year is commendable and is driven by effective cost management, leading operating margin to expand by 130 basis points (versus the same period a year ago) to 41.7%. The merchandise segment, which accounts for approximately 13% of J...
Narrow-moat Central Japan Railway (JRC) reported better-than-expected fiscal year 2018 second-quarter (fiscal year ending March 2019) earnings with margins ahead of our full-year assumptions, though growth is trending in line. Operating income growth of 4.8% year over year is commendable and is driven by effective cost management, leading operating margin to expand by 130 basis points (versus the same period a year ago) to 41.7%. The merchandise segment, which accounts for approximately 13% of J...
Narrow-moat Central Japan Railway, or JRC, posted better-than-expected first quarter (for financial year ending 2019) results with growth and margins ahead of our full-year assumptions. Operating income growth of 7.2% year over year is impressive with costs well contained leading to operating margin expanding to 190 basis points to 43.6% from a year ago. However, this is a seasonally stronger quarter for JRC normally making up 30% of full-year income, and we make only minor adjustments to our ne...
Narrow-moat Central Japan Railway, or JRC, posted better-than-expected first quarter (for financial year ending 2019) results with growth and margins ahead of our full-year assumptions. Operating income growth of 7.2% year over year is impressive with costs well contained leading to operating margin expanding to 190 basis points to 43.6% from a year ago. However, this is a seasonally stronger quarter for JRC normally making up 30% of full-year income, and we make only minor adjustments to our ne...
Narrow-moat Central Japan Railway, or JRC, posted better-than-expected first quarter (for financial year ending 2019) results with growth and margins ahead of our full-year assumptions. Operating income growth of 7.2% year over year is impressive with costs well contained leading to operating margin expanding to 190 basis points to 43.6% from a year ago. However, this is a seasonally stronger quarter for JRC normally making up 30% of full-year income, and we make only minor adjustments to our ne...
Central Japan Railway’s, or JRC’s, decent fiscal 2018 (year ending March 2018) net profit of JPY 396 billion, reflects solid Tokaido Shinkansen demand, driven by improving business activity. This is within expectations, but the one-off reversal of impairments from the subsidiary Nippon Sharyo’s large-scale rolling stock project in the U.S. helped to boost the bottom line above our forecast. We maintain our stable outlook for JRC over the next 10 years, while lifting our fiscal 2019 and 202...
We increase our fair value estimate for Central Japan Railway, or JRC, to JPY 22,100 per share from JPY 21,300 per share previously after reflecting the time value of money offset by slightly upward adjustments to our asset impairment forecast. Our fundamental view of the name is also unchanged following a series of recent news items indicating a bid-rigging scandal surrounding the JPY 9 trillion Maglev Shinkansen project. The scandal, involving four major contractors leading to a special invest...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.