Hiroshima Electric Railway Co.,Ltd.

9033・Standard Market・Land Transportation

Official website

Hiroshima Electric Railway Co.,Ltd.

9033・Standard Market・Land Transportation

Official website

Hiroshima Electric Railway Co.,Ltd.9033

Reference Indicators

Market Cap

189¥100M

P/E (Forecast)

—

P/B

0.4x

Dividend Yield (Forecast)

1.29%

ROE

2.7%

EV/EBITDA

15.3x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	27,395	27,450	30,466	33,709	37,470
Cost of Sales	8,209	7,142	7,297	9,083	9,842
Gross Profit	—	—	—	24,626	27,628
SG&A Expenses	5,913	5,762	6,100	6,590	6,658
Operating Income	-4,523	-3,212	-1,088	-1,419	-290
Non-operating Income	345	444	367	460	510
Non-operating Expenses	268	258	249	284	349
Ordinary Income	-4,447	-3,027	-970	-1,243	-129
Extraordinary Income	3,871	8,138	3,867	4,137	6,406
Extraordinary Losses	654	4,010	2,009	1,767	4,843
Pre-tax Income	-1,230	1,100	887	1,126	1,433
Income Taxes	-64	173	126	-352	149
Net Income	-1,053	943	656	1,379	1,158
EBITDA	—	-640	1,418	1,318	3,013
Gross Margin	—	—	—	73.1%	73.7%
Operating Margin	-16.5%	-11.7%	-3.6%	-4.2%	-0.8%
ROA	-1.1%	1.0%	0.7%	1.3%	1.1%
ROE	-2.8%	2.5%	1.7%	3.3%	2.7%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
運輸業	23,227	-2,739	-11.8%
流通業	1,203	11	0.9%
不動産業	6,186	2,172	35.1%
建設業	5,989	235	3.9%
レジャー・サービス業	864	-26	-3.0%