Japan Railways' Kyushu operator, running trains, real estate and retail across Japan's Kyushu region.
Japan Railways' Kyushu operator, running trains, real estate and retail across Japan's Kyushu region.
Fares from Shinkansen and local rail still carry the business, while stations double as shopping and office sites, giving it rent and retail income that does not depend on train riders. It listed in 2016, decades after the 1987 break-up of Japanese National Railways.
In one line: A regional US Class I-style railroad with a diversified real estate arm.
Moat: narrow (regulatory licence, installed base). Privatized former state railway with a regional monopoly and diversified non-rail real estate income.
Headquarters: Fukuoka, Japan · Founded: 1987 · Employees: 15,365
Size Kyushu Railway (9142.T) is a Japan Industrials company (Railroads) with a market value of $3.53B, the 322nd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,603 on 6 Nov 2026.
Performance Over six months the shares gained 0.4%, against +2.0% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th lowest of 16 in its peer set.
Growth Revenue grew 5.3% over the last twelve months (peer median +4.8%); the operating margin is 13.6% (peer median 11.1%).
Valuation It trades at 11.3× forward earnings against a peer median of 14.9× (3rd cheapest of 15).
Capital Return on invested capital runs 0.0 points below its cost of capital (5.0% WACC).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥509B | ¥500B | ¥454B | ¥420B | ¥383B |
| Revenue growth | — | +10% | +8% | +10% | — |
| Gross profit | ¥213B | ¥208B | ¥184B | ¥159B | ¥133B |
| EBITDA | ¥111B | ¥114B | ¥97.4B | ¥82.1B | ¥66.2B |
| Net income | ¥44.6B | ¥45.5B | ¥43.7B | ¥38.4B | ¥31.2B |
| Free cash flow | n/a | -¥13.1B | -¥16.2B | -¥44.6B | -¥42.7B |
| Capital expenditure | n/a | ¥85.9B | ¥113B | ¥134B | ¥105B |
| Total debt | ¥507B | ¥484B | ¥434B | ¥415B | ¥368B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Kyushu Railway 9142.T | $3.53B | 0% | +5% | 14% | 11.3× | n/a |
| West Japan Railway 9021.T | $9.19B | +12% | +6% | 10% | 13.8× | 2.4% |
| Nishi-Nippon Railroad 9031.T | $1.37B | 0% | +10% | 7% | 9.0× | n/a |
| East Japan Railway 9020.T | $27.4B | +13% | +9% | 14% | 15.8× | n/a |
| Central Japan Railway 9022.T | $25.1B | +11% | +5% | 40% | 8.0× | -6.8% |
| Hankyu Hanshin 9042.T | $7.03B | +3% | +6% | 10% | 13.2× | n/a |
| Kintetsu 9041.T | $4.23B | +5% | +2% | 5% | 13.5× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 9142.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.4% | +4.8% | 7th highest of 16 |
| 6-month return | +0.4% | +2.0% | 6th lowest of 16 |
| Distance from 52-week high | -13.3% | -10.4% | 5th lowest of 16 |
| Revenue growth (TTM) | +5.3% | +4.8% | 7th highest of 16 |
| Operating margin | 13.6% | 11.1% | 7th highest of 16 |
| Forward P/E | 11.3× | 14.9× | 3rd cheapest of 15 |
| ROIC minus cost of capital | -0.0 pp | -1.0 pp | 5th highest of 16 |
| EV / EBITDA | 9.2× | 13.5× | 3rd cheapest of 13 |
| Net debt / EBITDA | 4.2× | 5.3× | 6th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kyushu Railway 9142.T | Japan | $3.53B | 0% | +5% | 14% | 11.3× | n/a | n/a |
| Container Corporation of India CONCOR.NS | India | $3.55B | -16% | +1% | 14% | 25.4× | 33.8% | +7.2% |
| Tobu Railway 9001.T | Japan | $3.58B | +3% | +5% | 11% | 10.0× | n/a | n/a |
| Odakyu Electric Railway 9007.T | Japan | $3.80B | +11% | +3% | 13% | 15.1× | n/a | n/a |
| Guangshen Railway 601333.SS | China | $3.16B | +1% | +5% | 6% | 16.3× | -14.9% | +11.9% |
| Keio 9008.T | Japan | $2.80B | +3% | +10% | 10% | 10.5× | n/a | n/a |
| Aurizon AZJ.AX | Australia | $4.49B | -5% | +6% | 21% | 14.8× | 4.4% | +6.7% |
| Keisei Electric Railway 9009.T | Japan | $4.51B | +26% | +4% | 11% | 15.5× | n/a | n/a |
| Keikyu 9006.T | Japan | $2.73B | +2% | +4% | 11% | 13.4× | n/a | n/a |
| Keihan 9045.T | Japan | $2.15B | +3% | +10% | 15% | 11.5× | n/a | n/a |
| GATX GATX | United States | $6.38B | -2% | +30% | 30% | 17.0× | n/a | n/a |
| Jungfraubahn JFN.SW | Switzerland | $1.81B | +1% | -4% | 21% | 22.2× | 4.4% | +22.3% |
| West Japan Railway 9021.T | Japan | $9.19B | +12% | +6% | 10% | 13.8× | 2.4% | +14.9% |
| China Railway Tielong Container Logistics 600125.SS | China | $1.06B | -12% | -2% | 7% | 11.5× | -21.0% | -5.4% |
| Getlink GET.PA | France | $12.3B | +9% | +9% | 40% | 35.3× | 10.1% | +14.3% |
| China High-Speed Railway Technology 000008.SZ | China | $919M | -14% | -11% | -19% | n/a | 8.7% | +2.1% |