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90352026 Q3JGAAP

第一交通産業 (9035) FY2026 Q3 Earnings Report

For FY2026 Q3, revenue came to ¥81.8B (+20.8% year on year) and operating income ¥3.9B (+338.1%). The segment drivers and cash flow follow.


Financial Highlights

  • Net Sales: ¥81.80B
  • Operating Income: ¥3.93B
  • Net Income: ¥2.66B
  • EPS: ¥76.90

Income Statement

ItemCurrentPriorYoY %
Net Sales¥81.80B¥67.70B+20.8%
Cost of Sales¥68.70B¥57.95B+18.6%
Gross Profit¥13.10B¥9.76B+34.3%
SG&A Expenses¥9.17B¥8.86B+3.5%
Operating Income¥3.93B¥897M+338.4%
Non-operating Income¥1.59B¥1.65B−3.6%
Non-operating Expenses¥1.25B¥1.09B+13.9%
Ordinary Income¥4.28B¥1.46B+194.0%
Profit Before Tax¥3.67B¥1.23B+199.4%
Income Tax Expense¥1.01B¥473M+112.7%
Net Income¥2.66B¥752M+254.3%
Net Income Attributable to Owners¥2.65B¥737M+259.4%
Total Comprehensive Income¥3.38B¥598M+465.1%
Interest Expense¥968M¥772M+25.4%
Basic EPS¥76.90¥21.65+255.2%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥106.55B¥93.19B+¥13.36B
Cash and Deposits¥20.49B¥11.74B+¥8.75B
Non-current Assets¥94.88B¥96.51B−¥1.64B
Property, Plant & Equipment¥86.31B¥88.04B−¥1.73B
Intangible Assets¥884M¥1.32B−¥433M
Goodwill¥42M¥48M−¥6M
Total Assets¥201.43B¥189.70B+¥11.72B
Current Liabilities¥60.06B¥59.91B+¥151M
Short-term Loans¥45.13B¥42.35B+¥2.78B
Non-current Liabilities¥94.64B¥86.24B+¥8.40B
Long-term Loans¥84.09B¥75.80B+¥8.29B
Total Liabilities¥154.69B¥146.15B+¥8.55B
Total Equity¥46.73B¥43.55B+¥3.18B
Capital Stock¥2.03B¥2.03B¥0
Capital Surplus¥3.25B¥3.02B+¥224M
Retained Earnings¥46.70B¥45.13B+¥1.56B
Treasury Stock−¥2.11B−¥2.56B+¥454M
Owners' Equity¥46.71B¥43.53B+¥3.18B
Working Capital¥46.49B--

Profitability Ratios

ItemValue
Book Value Per Share¥1,334.02
Net Profit Margin3.2%
Gross Profit Margin16.0%
Current Ratio177.4%
Quick Ratio177.4%
Debt-to-Equity Ratio3.31x
Interest Coverage Ratio4.06x
Effective Tax Rate27.4%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+20.8%
Operating Income YoY Change+338.1%
Ordinary Income YoY Change+193.9%
Profit Before Tax YoY Change+199.4%
Net Income YoY Change+254.3%
Net Income Attributable to Owners YoY Change+259.1%
Total Comprehensive Income YoY Change+465.1%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)39.23M shares
Treasury Stock4.21M shares
Average Shares Outstanding34.46M shares
Book Value Per Share¥1,334.58

Dividend Information

ItemAmount
Q2 Dividend¥10.00

Segment Information

SegmentRevenueOperating Income
Bus¥5.73B¥488M
Leasing¥3.76B¥1.77B
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥3.74B−¥691M
RealEstateFinance¥1.09B¥746M
RealEstateRevitalization¥9.72B¥2.11B
Sales¥15.57B¥715M
Taxi¥42.19B−¥952M

Full Year Forecast

ItemForecast
Net Sales Forecast¥110.00B
Operating Income Forecast¥3.75B
Ordinary Income Forecast¥4.10B
Net Income Forecast¥2.20B
Basic EPS Forecast¥64.50
Dividend Per Share Forecast¥25.00