Land Transportation · Fiscal year end Mar 31

East Japan Railway Company

9020

東日本旅客鉄道株式会社

FIGI BBG000BJ2DR59020.T9020 JPCorp. no. 9011001029597

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-11-05

For the first half of the fiscal year to 2026-03: Revenue ¥1.46 trillion (+4.9% YoY), Ordinary income ¥198.9 billion (-2.7% YoY), Net income ¥147.2 billion (+5.3% YoY).

	This period	Year on year
Revenue	¥1.5tn	+4.9%
Ordinary profit	¥198.9bn	-2.7%
Net profit to owners	¥147.2bn	+5.3%

From the securities report on EDINET, which states no forecast. History via /v1/companies/9020/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2026-03-31

Revenue: ¥3.1tn
Net income: ¥247.8bn
ROE: 8.4%
Equity ratio: 28.2%
Dividend / share: ¥74
Employees: 70,623

Revenue · ¥tn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥3.1tn	¥0.2tn	¥10.8tn	¥3.1tn	8.4%	¥219.42	¥0.8tn
2025-03-31	¥2.9tn	¥0.2tn	¥10.2tn	¥2.9tn	8.0%	¥198.29	¥0.7tn
2024-03-31	¥2.7tn	¥0.2tn	¥9.8tn	¥2.7tn	7.6%	¥173.82	¥0.7tn
2023-03-31	¥2.4tn	¥0.1tn	¥9.4tn	¥2.5tn	4.1%	¥87.79	¥0.6tn
2022-03-31	¥2.0tn	−¥0.1tn	¥9.1tn	¥2.4tn	-3.9%	¥-83.9	¥0.2tn

Indicators

Computed by us from filings · fiscal year to 2026-03-31

Metric	Value	Percentile among listed companies
ROE, %	8.4	48.4
Ordinary margin	0.114	73.5
Equity ratio, %	28.2	12.7
Revenue growth	0.0683	58.6
Net income growth	0.105	46.7
Operating cash flow / assets	0.0707	54.7

Policy-uncertainty measure0.29 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Trade & tariffs 1 Politics & geopolitics 1

Ownership activity 0 filer(s) stated they may make proposals in 365 days; 0 new 5% holder(s) in 180 days; net stake change 0.00pt in 90 days; 10.9% held by other listed companies.

Results wording balance: +1.00. Proprietary text method; it describes the wording only and does not interpret context.

Interest example: if all ¥4.9tn of reported debt repriced by 50 basis points, a year's interest would rise by ¥24.3bn, 3.2% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/9020/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Bond ratings stated in filings: R&I AA+ (2026-10-09, 第212回無担保普通社債). One bond's rating on that date, as the company stated it; it may have changed. The agencies' opinions, not ours. /v1/companies/9020/credit-ratings

Internal control, 2026-06-17: see filing 上記の評価の結果、当事業年度末日時点において、当社の財務報告に係る内部統制は有効であると判断しました。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Segments: Transportation, Trading and Service, Real Estate and Hotel, Other. /v1/companies/9020/segments

Latest voting result: 2026-06-19 · から第3号議案まで)〉第1号議案剰余金の処分の件 · passed. /v1/companies/9020/voting

Ownership changes

All companies →

2026-05-12

Decrease−1.03pt

Mizuho Bank,Ltd. reduced holdings in East Japan Railway Company (9020) to 5.15% from 6.18%.

S100Y2TGFiler profile Original filing (PDF, Japanese)
2025-11-18

Increase+1.07pt

BlackRock Japan Co., Ltd. raised holdings in East Japan Railway Company (9020) to 7.22% from 6.15%.

S100X550Filer profile Original filing (PDF, Japanese)
2024-07-29

Decrease−0.23pt

Mitsubishi UFJ Financial Group, Inc. reduced holdings in East Japan Railway Company (9020) to 7.21% from 7.44%.

S100U3R0Filer profile Original filing (PDF, Japanese)
2023-12-05

Increase+1.13pt

BlackRock Japan Co., Ltd. raised holdings in East Japan Railway Company (9020) to 6.15% from 5.02%.

S100SELAFiler profile Original filing (PDF, Japanese)
2022-10-20

Below 5%−0.41pt

Sumitomo Mitsui Trust Asset Management Co.,Ltd. cut holdings in East Japan Railway Company (9020) to 4.61% from 5.02%, below the 5% threshold.

S100PD92Filer profile Original filing (PDF, Japanese)
2022-06-20

Decrease−1.19pt

Mitsubishi UFJ Financial Group, Inc. reduced holdings in East Japan Railway Company (9020) to 7.44% from 8.63%.

S100O96KFiler profile Original filing (PDF, Japanese)

5% filings

Large shareholding reports on 9020

Filed	Filer	Stake	Change	Stated purpose
2026-05-12	Mizuho Bank,Ltd.	5.15%	−1.03pt	—
2025-11-18	BlackRock Japan Co., Ltd.	7.22%	+1.07pt	pure investment
2024-07-29	Mitsubishi UFJ Financial Group, Inc.	7.21%	−0.23pt	strategic holding
2023-12-05	BlackRock Japan Co., Ltd.	6.15%	+1.13pt	pure investment
2022-10-20	Sumitomo Mitsui Trust Asset Management Co.,Ltd.	4.61%	−0.41pt	—
2022-06-20	Mitsubishi UFJ Financial Group, Inc.	7.44%	−1.19pt	strategic holding

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 41 issues
Book value: ¥274.1bn
Sold in the year: ¥46.3bn 8 issues
Bought in the year: ¥3.0bn 1 issues
Mutual, both reports: 42
Held by listed cos.: 116

Holds	Book value	Shares vs. prior year	Mutual
Mitsubishi Heavy Industries,Ltd. 7011	¥48.9bn	0.0%	both reports
Kawasaki Heavy Industries,Ltd. 7012	¥22.2bn	0.0%	both reports
Mizuho Financial Group, Inc. 8411	¥19.8bn	-20.0%	both reports
ORIENTAL LAND CO.,LTD. 4661	¥19.1bn	0.0%	both reports
Mitsubishi Estate Company, Limited 8802	¥16.2bn	0.0%	both reports
Sumitomo Mitsui Financial Group, Inc. 8316	¥13.5bn	0.0%	both reports
Mitsubishi UFJ Financial Group, Inc. 8306	¥13.4bn	0.0%	both reports
Mitsui Fudosan Co., Ltd. 8801	¥12.1bn	0.0%	both reports
SEIBU HOLDINGS INC. 9024	¥11.5bn	0.0%	both reports
Central Japan Railway Company 9022	¥10.6bn	0.0%	both reports

Held by: Mizuho Financial Group, Inc. 8411, Sumitomo Mitsui Financial Group, Inc. 8316, Mitsubishi UFJ Financial Group, Inc. 8306, NIPPON STEEL CORPORATION 5401, Central Japan Railway Company 9022, Kawasaki Heavy Industries,Ltd. 7012, Mitsubishi Estate Company, Limited 8802, ANA HOLDINGSINC. 9202, TOBU RAILWAY CO.,LTD. 9001, Kyushu Railway Company 9142, ORIENTAL LAND CO.,LTD. 4661, West Japan Railway Company 9021 and 105 more

Purposes, all holdings and mutual flags via /v1/companies/9020/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
日本マスタートラスト信託銀行株式会社(信託口)	154,003,100	13.60%
株式会社日本カストディ銀行(信託口)	52,277,100	4.62%
JR東日本グループ社員持株会	41,762,100	3.69%
株式会社みずほ銀行	31,200,000	2.76%
日本生命保険相互会社	21,641,900	1.91%
STATE STREET BANK AND TRUST COMPANY 505001	20,855,700	1.84%
株式会社三井住友銀行	16,428,000	1.45%
JP MORGAN CHASE BANK 385781	15,981,900	1.41%
三菱UFJ信託銀行株式会社	15,000,000	1.32%
株式会社三菱UFJ銀行	13,950,000	1.23%

U.S. funds holding 9020

SEC Form N-PORT, reports to 2026-07-31

234 U.S. funds held 102,413,214 shares worth $2.29bn.

Fund	Shares	Value	% of fund	As of
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS	15,402,985	$354.4m	0.055%	2026-07-31
VANGUARD DEVELOPED MARKETS INDEX FUND VANGUARD TAX-MANAGED FUNDS	10,227,021	$213.7m	0.068%	2026-06-30
iShares Core MSCI EAFE ETF iShares Trust	7,105,200	$163.5m	0.086%	2026-07-31
Fidelity SAI International Low Volatility Index Fund Fidelity Salem Street Trust	5,637,600	$129.7m	1.638%	2026-07-31
iShares MSCI Japan ETF iShares, Inc.	3,928,400	$83.7m	0.393%	2026-05-31

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/9020
GET /v1/companies/9020/financials
GET /v1/companies/9020/details
GET /v1/companies/9020/segments
GET /v1/companies/9020/voting
GET /v1/companies/9020/tender-offers
GET /v1/companies/9020/indicators
GET /v1/companies/9020/earnings-releases
GET /v1/events?ticker=9020
GET /v1/companies/9020/trades         
GET /v1/companies/9020/cross-holdings 
GET /v1/companies/9020/brief

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