East Japan Railway Co (East Japan Railway Co) Net Income : $1,478 Mil (TTM As of Dec. 2023)

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What is East Japan Railway Co Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. East Japan Railway Co's Net Income for the three months ended in Dec. 2023 was $473 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,478 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. East Japan Railway Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.21.

East Japan Railway Co Net Income Historical Data

The historical data trend for East Japan Railway Co's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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East Japan Railway Co Net Income Chart

East Japan Railway Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Net Income

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2,656.15

1,842.97

-5,316.51

-800.73

742.40

East Japan Railway Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Income	Get a 7-Day Free Trial															337.17	199.28	317.02	488.78	473.36

East Japan Railway Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

East Japan Railway Co's Net Income for the fiscal year that ended in Mar. 2023 is calculated as

	Net Income		(A: Mar. 2023 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	960.428	+	-208.208	+	0	+	-9.823
=	742

East Japan Railway Co's Net Income for the quarter that ended in Dec. 2023 is calculated as

	Net Income		(Q: Dec. 2023 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	668.315	+	-192.115	+	0	+	-2.8410000000001
=	473

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,478 Mil.

East Japan Railway Co (OTCPK:EJPRY) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

East Japan Railway Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

Earnings per Share (Diluted) (Q: Dec. 2023 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(473.359	-	0)	/	2259.833
	=	0.21

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.

Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.

East Japan Railway Co Net Income Related Terms

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East Japan Railway Co (East Japan Railway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » East Japan Railway Co (OTCPK:EJPRY) » Definitions » Net Income

Comparable Companies

Traded in Other Exchanges

9020:Japan EJR0:Germany EJR:Germany EJR:Germany

Address

2-2, Yoyogi 2-chome, Shibuya-ku, Tokyo, JPN, 151-8578

Website

http://www.jreast.co.jp

East Japan Railway Company, or JR East, is the largest railway operator in Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987, though it wasn't fully privatized until 2002. It runs both long distance bullet trains, known as Shinkansen, and shorter municipal train routes around and from Tokyo. Its 7,400 kilometers of rail track covers half of Japan's population and a third of the country's land area. Two thirds of revenue is from transportation, with most of the rest from retail operations and real estate investments.