Land Transportation · Fiscal year end Mar 31

Kobe Electric Railway Co.,Ltd.

9046

神戸電鉄株式会社

FIGI BBG000BH0TR69046.T9046 JPCorp. no. 8140001015612

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-11-12

For the first half of the fiscal year to 2026-03: Revenue ¥11.5 billion (+4.6% YoY), Ordinary income ¥1.3 billion (+18.0% YoY), Net income ¥0.9 billion (+12.5% YoY).

	This period	Year on year
Revenue	¥11.5bn	+4.6%
Ordinary profit	¥1.3bn	+18.0%
Net profit to owners	¥881m	+12.5%

From the securities report on EDINET, which states no forecast. History via /v1/companies/9046/earnings-releases.

Financials

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

Revenue: ¥23.3bn
Net income: ¥1.5bn
ROE: 6.0%
Equity ratio: 27.0%
Dividend / share: ¥25
Employees: 827

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥23.3bn	¥1.5bn	¥93.5bn	¥25.3bn	6.0%	¥184.83	¥3.8bn
2025-03-31	¥22.1bn	¥1.2bn	¥90.7bn	¥23.5bn	4.9%	¥143.57	¥3.0bn
2024-03-31	¥22.3bn	¥1.0bn	¥90.5bn	¥22.9bn	4.6%	¥127.46	¥3.8bn
2023-03-31	¥21.3bn	¥0.7bn	¥90.8bn	¥21.2bn	3.2%	¥84.16	¥3.4bn
2022-03-31	¥20.5bn	¥0.5bn	¥92.4bn	¥20.6bn	2.5%	¥64.68	¥2.8bn

Indicators

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

Metric	Value	Percentile among listed companies
ROE, %	6	31.9
Ordinary margin	0.0797	56.9
Equity ratio, %	27	11.9
Revenue growth	0.0549	52.8
Net income growth	0.2713	62.4
Operating cash flow / assets	0.0411	34.3

Policy-uncertainty measure0.71 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Trade & tariffs 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; 1.3% 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 ¥53.9bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥269m, 7.0% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/9046/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Internal control, 2026-06-12: 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, Real Estate, Distribution, Other. /v1/companies/9046/segments

Latest voting result: 2026-06-17 · 剰余金の処分の件 · passed. /v1/companies/9046/voting

Ownership changes

All companies →

2026-04-13

Decrease−1.39pt

Hankyu Hanshin Holdings,Inc. reduced holdings in Kobe Electric Railway Co.,Ltd. (9046) to 26.80% from 28.19%.

S100XY80Filer profile Original filing (PDF, Japanese)
2026-04-03

Decrease−0.15pt

Hankyu Hanshin Holdings,Inc. reduced holdings in Kobe Electric Railway Co.,Ltd. (9046) to 28.19% from 28.34%.

S100XWFWFiler profile Original filing (PDF, Japanese)
2025-02-21

Decrease−1.48pt

Sumitomo Mitsui Banking Corporation reduced holdings in Kobe Electric Railway Co.,Ltd. (9046) to 5.38% from 6.86%.

S100V9Z7Filer profile Original filing (PDF, Japanese)
2024-12-06

Increase+1.65pt

SMBC Nikko Securities Inc. raised holdings in Kobe Electric Railway Co.,Ltd. (9046) to 6.86% from 5.21%.

S100UWCTFiler profile Original filing (PDF, Japanese)
2024-10-22

Decrease−2.08pt

SMBC Nikko Securities Inc. reduced holdings in Kobe Electric Railway Co.,Ltd. (9046) to 5.21% from 7.29%.

S100UK48Filer profile Original filing (PDF, Japanese)
2023-12-07

Increase+1.75pt

SMBC Nikko Securities Inc. raised holdings in Kobe Electric Railway Co.,Ltd. (9046) to 7.29% from 5.54%.

S100SF64Filer profile Original filing (PDF, Japanese)
2023-11-08

Decrease−1.64pt

SMBC Nikko Securities Inc. reduced holdings in Kobe Electric Railway Co.,Ltd. (9046) to 5.54% from 7.18%.

S100S56SFiler profile Original filing (PDF, Japanese)
2023-06-07

New 5% stake

SMBC Nikko Securities Inc. disclosed a 7.18% stake in Kobe Electric Railway Co.,Ltd. (9046), crossing the 5% reporting threshold.

S100QW45Filer profile Original filing (PDF, Japanese)
2023-04-21

Below 5%−2.53pt

SMBC Nikko Securities Inc. cut holdings in Kobe Electric Railway Co.,Ltd. (9046) to 4.95% from 7.48%, below the 5% threshold.

S100QMTCFiler profile Original filing (PDF, Japanese)
2023-01-20

Increase+1.02pt

SMBC Nikko Securities Inc. raised holdings in Kobe Electric Railway Co.,Ltd. (9046) to 7.48% from 6.46%.

S100PZSFFiler profile Original filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Bought SoldHover a dot for the trade

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
阪急阪神ホールディングス株式会社	2026-04-09 – 2026-04-09	-34,400	−0.43pt	¥2,495	¥2,495–2,495
阪急電鉄株式会社	2026-04-09 – 2026-04-09	-77,600	−0.96pt	¥2,495	¥2,495–2,495

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/9046/trades.

5% filings

Large shareholding reports on 9046

Filed	Filer	Stake	Change	Stated purpose
2026-04-13	Hankyu Hanshin Holdings,Inc.	26.80%	−1.39pt	—
2026-04-03	Hankyu Hanshin Holdings,Inc.	28.19%	−0.15pt	—
2025-02-21	Sumitomo Mitsui Banking Corporation	5.38%	−1.48pt	—
2024-12-06	SMBC Nikko Securities Inc.	6.86%	+1.65pt	—
2024-10-22	SMBC Nikko Securities Inc.	5.21%	−2.08pt	—
2023-12-07	SMBC Nikko Securities Inc.	7.29%	+1.75pt	—
2023-11-08	SMBC Nikko Securities Inc.	5.54%	−1.64pt	—
2023-06-07	SMBC Nikko Securities Inc.	7.18%	—	—
2023-04-21	SMBC Nikko Securities Inc.	4.95%	−2.53pt	—
2023-01-20	SMBC Nikko Securities Inc.	7.48%	+1.02pt	—

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 10 issues
Book value: ¥1.6bn
Sold in the year: ¥39m 6 issues
Bought in the year: — — issues
Mutual, both reports: 4
Held by listed cos.: 12

Holds	Book value	Shares vs. prior year	Mutual
Resona Holdings, Inc. 8308	¥482m	0.0%	stated
Sumitomo Mitsui Financial Group, Inc. 8316	¥342m	-2.8%	stated
Sumitomo Mitsui Trust Group, Inc. 8309	¥250m	-3.8%	stated
NOZAWA CORPORATION 5237	¥170m	0.0%	both reports
Mitsubishi UFJ Financial Group, Inc. 8306	¥148m	-5.0%	stated
SHINYEI KAISHA 3004	¥91m	0.0%	both reports
NIKKO CO.,LTD. 6306	¥53m	-6.8%	both reports
Sanyo Electric Railway Co.,Ltd. 9052	¥44m	0.0%	both reports
Mizuho Financial Group, Inc. 8411	¥39m	-13.4%	stated
Daiwa Securities Group Inc. 8601	¥9m	-43.5%	stated

Held by: Nishimatsu Construction Co., Ltd. 1820, Sanyo Electric Railway Co.,Ltd. 9052, Nippon Signal Company,Limited 6741, SHINYEI KAISHA 3004, MIRAIT ONE Corporation 1417, NOZAWA CORPORATION 5237, Senshu Ikeda Holdings,Inc. 8714, The San-in Godo Bank,Ltd. 8381, The Nanto Bank,Ltd. 8367, Kyosan Electric Manufacturing Co.,Ltd. 6742, NIKKO CO.,LTD. 6306, Mitsubishi Electric Corporation 6503

Purposes, all holdings and mutual flags via /v1/companies/9046/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
阪急阪神ホールディングス株式会社	2,195,000	27.74%
日本マスタートラスト信託銀行株式会社（信託口）	383,000	4.85%
株式会社三井住友銀行	157,000	1.99%
株式会社みなと銀行	83,000	1.05%
阪急電鉄株式会社	77,000	0.98%
BNP PARIBAS NEW YORK BRANCH-PRIME BROKERAGE CLEARANCE ACCOUNT	47,000	0.60%
UBS AG LONDON A/C IPB SEGREGATED CLIENT ACCOUNT	46,000	0.58%
三菱ＵＦＪ信託銀行株式会社	33,000	0.42%
株式会社日本カストディ銀行（信託口）	30,000	0.39%
西松建設株式会社	30,000	0.38%

U.S. funds holding 9046

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

13 U.S. funds held 29,498 shares worth $0.5m.

Fund	Shares	Value	% of fund	As of
Dimensional International Small Cap ETF Dimensional ETF Trust	7,100	$0.1m	0.002%	2026-07-31
INTERNATIONAL CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC	5,100	$0.1m	0.000%	2026-07-31
Dimensional International Core Equity 2 ETF Dimensional ETF Trust	3,500	$0.1m	0.000%	2026-07-31
Dimensional International Core Equity Market ETF Dimensional ETF Trust	3,400	$0.1m	0.000%	2026-07-31
THE JAPANESE SMALL COMPANY SERIES DFA INVESTMENT TRUST CO	3,099	$0.0m	0.001%	2026-07-31

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/9046
GET /v1/companies/9046/financials
GET /v1/companies/9046/details
GET /v1/companies/9046/segments
GET /v1/companies/9046/voting
GET /v1/companies/9046/tender-offers
GET /v1/companies/9046/indicators
GET /v1/companies/9046/earnings-releases
GET /v1/events?ticker=9046
GET /v1/companies/9046/trades         
GET /v1/companies/9046/cross-holdings 
GET /v1/companies/9046/brief

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