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Hiroshima Electric Railway Co.,Ltd.

Hiroshima Electric Railway Co.,Ltd.

9033.T
Hiroshima Electric Railway Co.,Ltd.JP flagTokyo Stock Exchange
627.00
JPY
-3.00
- -
19.05BMarket Cap
Hiroshima Electric Railway Co.,Ltd.
9033.T
(Tokyo Stock Exchange)

Recent

price

627.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1,171.71
1,198.82
1,372.04
1,309.46
1,542.85
1,551.1
1,392.45
1,327.28
1,205.06
1,085.18
837.57
902.43
904
1,003.15
1,110.27
- -
536.45
Revenue per Share
28.58
41.89
45.73
47.31
35.01
60.7
42.9
28.19
20.97
20.74
-108.48
-34.69
31.06
21.6
45.42
- -
13.9
Basic EPS, GAAP
25.28
26.27
-26.11
-113.28
-39.14
56.58
1.02
-55
-77.66
-52.99
-87.78
-165.07
-150.96
37.01
-100.16
- -
- -
Free Cash Flow per Basic Share
4.98
4.98
6.99
6.99
6.99
8.01
9.99
8.01
8.01
8.01
8.01
- -
- -
5.99
5.99
- -
- -
Dividend per Share
236.79
273.81
312.71
356.73
385.1
437.93
393.85
491.05
504.02
518.49
405.55
393.75
429.15
445.01
490.69
- -
428.48
Book Value per Share
967.26
1,062.46
1,119.5
1,176.82
1,276.22
1,303.98
1,352.26
1,379.01
1,379.43
1,377.76
1,278.62
1,256.25
1,259.94
1,324.95
1,349.52
- -
1,304.44
Tangible Book Value per Share
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
- -
30
Basic Weighted Avg Shares
35,549
36,370
41,616
39,717
46,795
47,044
42,231
40,252
36,545
32,910
25,409
27,395
27,450
30,466
33,709
37,470
16,292
Sales/Revenue/Turnover
3.96
3.67
3.46
2.1
1.1
5.36
1.62
-0.56
-1.05
-0.94
-23.84
-16.51
-11.7
-3.57
-4.21
-0.77
-5.66
Operating Margin (%)
2,274
2,230
2,851
2,915
2,970
3,117
3,049
3,289
3,278
3,092
2,996
2,878
2,572
2,506
2,737
3,303
- -
Depreciation Expense
867
1,271
1,387
1,435
1,062
1,841
1,301
855
636
629
-3,291
-1,053
943
656
1,379
1,158
422
Net Income, GAAP
44.89
13.31
40.84
26.96
40.2
36.45
29.75
36.39
34.82
37.59
- -
- -
15.73
14.21
- -
10.4
13.3
Effective Tax Rate (%)
2.44
3.49
3.33
3.61
2.27
3.91
3.08
2.12
1.74
1.91
-12.95
-3.84
3.44
2.15
4.09
3.09
2.59
Profit Margin (%)
-4,377
-10,671
-6,328
-5,072
-9,940
-4,422
-7,976
-6,708
-4,892
-12,726
-9,085
-10,516
-9,272
-11,538
-15,475
-12,253
-11,978
Working Capital
13,808
9,417
13,019
12,895
7,170
11,277
8,022
10,852
12,225
5,596
13,513
14,597
13,970
13,103
12,737
15,102
13,821
LT Debt
29,624
32,520
34,199
35,898
39,422
40,265
41,649
42,352
42,177
42,273
39,383
38,693
39,219
41,605
42,759
45,522
41,103
Total Equity
1.33
1.97
1.4
0.97
0.48
2.48
0.77
-0.23
-0.4
-0.31
- -
- -
-4.07
-1.38
- -
-0.35
-1.19
Return on Invested Capital (%)
3
4.48
4.25
4.27
3.15
5.3
3.82
2.59
1.96
1.89
- -
- -
2.83
1.83
- -
2.95
1.11
Return on Capital (%)
12.7
16.41
15.59
14.13
9.44
14.75
10.31
6.37
4.22
4.06
-23.48
-8.68
7.55
4.94
9.71
7.52
3.23
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
12,613
- -
12,875
LT Borrowings
13,103
- -
13,821
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
- -
30
Market Capitalization
23,537
22,778
21,593

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
15,843
- -
11,373
Cash, Cash Equivalents & STI
3,971
- -
3,541
Accounts Receivable, Net
3,141
- -
3,204
Inventories
940
- -
918
Total Current Liabilities
27,381
- -
23,351
Payables & Accruals
- -
- -
- -
ST Debt
12,613
- -
12,875
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.3%
2.98%
6.46%
Free Cash Flow
-588.45%
-76.16%
34.63%
Net Income, GAAP
-90.73%
-38.76%
-16.03%
Sales/Revenue/Turnover
-1.61%
8.16%
11.16%
Total Cash Common Dividend
- -
- -
33.52%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,815
7,359
7,222
9,070
30,466
2025
- -
- -
- -
- -
33,709
2026
- -
- -
- -
- -
37,470

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.56
- -
- -
- -
21.6
2025
- -
- -
- -
- -
45.42
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.99
2025
- -
- -
- -
- -
5.99
2026
- -
- -
- -
- -
- -
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Business
Hiroshima Electric Railway Co., Ltd. (Hiroden) operates as a diversified transportation and real estate company primarily serving Hiroshima Prefecture, Japan; it provides railway and streetcar services across six inner-city lines totaling 19 kilometers and one 16.1-kilometer Miyajima Line, alongside an extensive bus network of 489 vehicles covering urban, highway, airport limousine, and regional routes to destinations including Kure, Matsue, Yonago, Tottori, and Tokyo; additional transportation offerings encompass aerial ropeway operations, marine transport via subsidiaries like Miyajima Matsudai Kisen, air freight agency, and vehicle hire services. The company also engages in distribution through merchandise sales; real estate via condominium and residential land sales such as The Marks Court Fukuyama and Predia Hiroshima Otemachi, office building leasing, shops, and parking lots; construction encompassing civil engineering and telecommunications; and leisure services including hotels, restaurants, bowling, golf, and travel agencies. Founded in 1910 and headquartered at 2-9-29 Higashi-Senda-machi, Naka-ku, Hiroshima 730-8610, Japan, it employs approximately 2,363 people and maintains subsidiaries such as Hiboku Transportation, Miyajima Matsudai Kisen, and HD Nishihiroshima, with operations focused on Japan's Chugoku region and interconnections to JR lines at key stations like Hiroshima Station, Yokogawa Station, and Nishi-Hiroshima Station. Recent developments include the launch of new real estate projects like the Marks Court Fukuyama condominium with ongoing materials requests and the Predia Hiroshima Otemachi model room opening; progression of the Hiroshima Station South Plaza redevelopment project in partnership with Hiroshima City and JR West Japan Group targeting a spring 2025 opening with Ekimae Ohashi route enhancements; introduction of the MOBIRY TRAVEL digital ticket for convenient Hiroshima travel; establishment of tourism-commercial facilities like etto at Miyajimaguchi Terminal and Koipre community space at Hiroden Nishi-Hiroshima Station; ongoing operations of the HIRODEN ART TRAM running art gallery streetcars; and a sister railway agreement with Taiwan Railway's Pingxi Line.