macro

Hiroshima Electric Railway swings to net profit in first half from last year's loss

Hiroshima Electric Railway posted 591 million yen net profit for the half to September 30, against a loss a year earlier, and lifted revenue.

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what happened

Hiroshima Electric Railway Co. Ltd. (9033.TO) reported results for the half-year ended September 30, 2026, according to Dow Jones Newswires. Revenue rose to 19.90 billion yen from 16.26 billion yen a year earlier. Operating profit came in at 401 million yen, compared with a loss of 102 million yen, while net profit reached 591 million yen against a loss of 24 million yen. Earnings per share were 19.47 yen, versus a loss of 0.80 yen.

For the year ending March 2027, the company forecasts revenue of 41.60 billion yen, operating profit of 900 million yen and net profit of 1.10 billion yen, or 36.18 yen per share.

why it matters

The story concerns one small Japanese company, so it is unlikely to move broader markets. For investors it shows how rising sales and a return to profit look in the accounts of a local rail operator.

tags

instruments

9033.TO

sources

  1. Hiroshima Elec Railway 1H Net Y591.00M Vs Loss Y24.00M — Dow Jones Newswires, 13 November 2026 at 04:30 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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