---
title: "EJRC posts Q&A transcript from FY2027.3 first-quarter financial results presentation"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294801351.md"
description: "EJRC released a Q&A transcript from its FY2027.3 first-quarter results presentation. Management highlighted strong Obon bookings despite June weather disruptions, projecting steady revenue growth. Inbound mobility revenue missed targets due to fewer visitors, with a strategic shift toward Europe, North America, and Australia. Shinkansen loan-fee talks remain unresolved, affecting fee recognition through September 2027. Real estate sales targets are unchanged, and full-year operating income is forecast at JPY 45 billion despite higher interest rates."
datetime: "2026-08-04T09:56:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294801351.md)
  - [en](https://longbridge.com/en/news/294801351.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294801351.md)
generator: "portal-rs"
---

# EJRC posts Q&A transcript from FY2027.3 first-quarter financial results presentation

-   EJRC released a condensed Q&A transcript from its FY2027.3 first-quarter results presentation attended by investors and analysts. \* Management flagged strong Obon booking trends, despite June weakness tied to two typhoons and an earthquake, pointing to steady revenue growth. \* Inbound revenue in Mobility ran below plan, linked to a year-on-year drop in inbound visitors; focus to shift to Europe, North America, Australia. \* Projected Shinkansen Lines loan-fee talks remain unresolved; JPY 17.5 billion annual fees reflected only through end-September 2027 in “To the Next Stage” 2034. \* Real estate sales income target unchanged; management still expects full-year operating income of JPY 45 billion despite higher interest rates. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EJRC - East Japan Railway Company published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**