East Japan Railway Company (EJPRY) Q3 2026 Earnings Call Prepared Remarks Transcript

Core Insights - The company reported an increase in revenue and net income for the third quarter of the fiscal year ending March 2026, marking the fifth consecutive year of revenue growth driven by increased railway ridership and strong performance of in-station stores [1] - Operating income decreased year-on-year due to rising personnel expenses and the timing of real estate sales, which are primarily scheduled for the fourth quarter [2] Financial Performance - Operating revenue reached JPY 2.240 trillion, reflecting consistent growth trends observed in previous quarters [1] - Operating income was JPY 349.6 billion, a decrease of JPY 2.9 billion year-on-year [2] - Quarterly profit attributable to owners of the parent increased to JPY 219.4 billion, up by JPY 2.8 billion year-on-year, driven by gains on the sale of investment securities [2] Segment Performance - The real estate and hotels segment was the only one to report increased revenue but decreased income, while all other segments achieved growth in both revenue and income [3]