Tokyu Corporation: First-quarter operating profit drops 18.4%

Tokyu Corporation reported consolidated operating revenue of 261,358 million yen for the first quarter ending June 30, 2025, a 4.3% decrease year-on-year. Operating profit saw a more significant decline of 18.4% to 32,306 million yen, while ordinary profit fell 14.0% to 35,583 million yen. Profit attributable to owners of parent also decreased by 15.3% to 25,291 million yen.

Despite the dip in profitability, the company's financial position remains strong, with total assets at 2,684,840 million yen as of June 30, 2025, and net assets at 884,319 million yen. The equity ratio stood at 31.3%.

For the full fiscal year ending March 31, 2026, Tokyu Corporation forecasts a modest 1.6% increase in operating revenue to 1,072,000 million yen. However, operating profit is projected to decrease by 3.4% to 100,000 million yen, and ordinary profit by 1.5% to 106,100 million yen. Profit attributable to owners of parent is expected to see a slight increase of 0.4% to 80,000 million yen.