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Nankai Electric Railway Co Ltd (9044.T)

9044.T on Tokyo Stock Exchange

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¥34 (+1.17%)
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Latest Key Developments (Source: Significant Developments)

R&I affirms Nankai Electric Railway's rating at "BBB+" and says stable outlook-R&I
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Nankai Electric Railway Co Ltd <9044.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+"-R&I.Rating outlook stable-R&I.  Full Article

Nankai Electric Railway amends consolidated full-year outlook and year-end dividend forecast for FY 2016
Wednesday, 23 Mar 2016 

Nankai Electric Railway Co Ltd:Says the company amended the consolidated full-year outlook for the FY ending March 2016.Revenue forecast revised to 218,600 million yen from 218,100 million yen.Operating profit forecast revised to 31,500 million yen from 29,800 million yen.Ordinary profit forecast revised to 26,400 million yen from 24,300 million yen.Net profit forecast revised to 11,900 million yen from 15,400 million yen.Earnings per share revised to 20.99 yen from 27.17 yen.Comments that increased income in transportation business and decreased fuel price are the main reasons for the forecast.Says it raised the year-end dividend forecast to 6 yen per share from 5 yen per share for the FY ending March 2016.  Full Article