Tokyu Corporation reports mixed first-half financials, revenue down but profit up

Tokyu Corporation reported operating revenue of 518,986 million yen for the six months ended September 30, 2025, a 1.2% decrease compared to the same period in the previous fiscal year. Operating profit saw a 9.9% decline to 58,880 million yen. Ordinary profit, however, rose by 5.6% to 70,146 million yen, and profit attributable to owners of parent increased by 13.7% to 56,236 million yen.

Total assets as of September 30, 2025, stood at 2,760,849 million yen, with net assets at 906,397 million yen, resulting in an equity ratio of 31.2%. The company forecasts an annual dividend of 28.00 yen per share for the fiscal year ending March 31, 2026, with a 14.00 yen per share dividend declared for the first half.

The consolidated forecast for the full fiscal year ending March 31, 2026, projects operating revenue of 1,085,000 million yen, a 2.8% increase, and ordinary profit of 115,400 million yen, up 7.1%. Profit attributable to owners of parent is expected to reach 84,000 million yen, a 5.4% rise. The company also adjusted its amortization period for retirement benefits, increasing operating and ordinary profit by 843 million yen.