--- title: "Nippon Sharyo Earnings Beat Forecasts With Strong Profit Upside" type: "News" locale: "en" url: "https://longbridge.com/en/news/283951650.md" description: "Central Japan Railway Company's subsidiary, Nippon Sharyo, reported full-year results for the fiscal year ending March 31, 2026, significantly exceeding forecasts. Consolidated net sales reached ¥99.97 billion, surpassing the ¥98.00 billion forecast, while operating profit climbed to ¥11.62 billion, exceeding the projected ¥8.20 billion. Profit attributable to owners rose to ¥11.66 billion, a 46% increase from forecasts. Despite strong performance, the impact on the parent company's consolidated earnings is deemed immaterial. The latest analyst rating for Central Japan Railway Company (JP:9022) is a Hold with a price target of Yen4200.00." datetime: "2026-04-24T07:26:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283951650.md) - [en](https://longbridge.com/en/news/283951650.md) - [zh-HK](https://longbridge.com/zh-HK/news/283951650.md) generator: "portal-rs" --- # Nippon Sharyo Earnings Beat Forecasts With Strong Profit Upside ### Claim 30% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Central Japan Railway Company ( (JP:9022) ) has provided an announcement. Central Japan Railway Company reported that its subsidiary Nippon Sharyo, Ltd. posted full-year results for the fiscal year ended March 31, 2026 that significantly exceeded prior forecasts, although the impact on the parent’s consolidated earnings is described as immaterial. The announcement underscores stronger-than-expected performance at the railcar maker, with consolidated net sales and all profit lines surpassing projections by around 2% for revenue and roughly 40% or more for operating, ordinary, and attributable profit, as well as notable upside on a non-consolidated basis, signaling improved profitability and operational efficiency at the subsidiary level. Nippon Sharyo’s consolidated net sales reached ¥99.97 billion versus a forecast of ¥98.00 billion, while operating profit climbed to ¥11.62 billion compared with ¥8.20 billion projected. Profit attributable to owners of parent rose to ¥11.66 billion, up about 46% from the forecast, and earnings per share jumped to ¥808.18, also marking a substantial improvement from the previous fiscal year; similar positive variances were recorded in the company’s non-consolidated results, indicating a broad-based earnings outperformance relative to both guidance and prior-year levels. The most recent analyst rating on (JP:9022) stock is a Hold with a Yen4200.00 price target. To see the full list of analyst forecasts on Central Japan Railway Company stock, see the JP:9022 Stock Forecast page. **More about Central Japan Railway Company** Central Japan Railway Company operates Japan’s Tokaido Shinkansen and related railway services, positioning it as a core transport infrastructure provider in one of the country’s most important economic corridors. Nippon Sharyo, its consolidated subsidiary, is a railcar and rolling stock manufacturer listed on the Tokyo and Nagoya exchanges, supplying equipment and services to the rail industry. **Average Trading Volume:** 2,601,344 **Technical Sentiment Signal:** Buy **Current Market Cap:** Yen3857.9B Learn more about 9022 stock on TipRanks’ Stock Analysis page. ### Related Stocks - [CJPRY.US](https://longbridge.com/en/quote/CJPRY.US.md) - [7102.JP](https://longbridge.com/en/quote/7102.JP.md) - [9022.JP](https://longbridge.com/en/quote/9022.JP.md) ## Related News & Research - [Central Japan Railway Company Just Recorded A 5.9% EPS Beat: Here's What Analysts Are Forecasting Next](https://longbridge.com/en/news/284842969.md) - [Analysis:Japan faces day of policy reckoning as Bessent calls time on big stimulus](https://longbridge.com/en/news/297594381.md) - [Japan aims to cap FY27 new bond issuance at 40 trillion yen, PM says in Yomiuri interview](https://longbridge.com/en/news/297269452.md) - [JGB 10-year yield rises to 30-year high ahead of auction](https://longbridge.com/en/news/297573949.md) - [Japan's benchmark bond yield rises to 3% for first time in 30 years](https://longbridge.com/en/news/297627414.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**