Nagoya Railroad : Fiscal Year Ended March 31,2021 Presentation for Investors

Fiscal Year Ended

March 31, 2021

Presentation for Investors

Nagoya Railroad Co., Ltd.

Securities Code: 9048

May 27, 2021

Copyright © Nagoya Railroad Co., Ltd.

01	Current Situation, Management
Issues, and Measures to Address
	Management Issues

Copyright © Nagoya Railroad Co., Ltd.

01

Group Business Performance

■ Group Business Performance

					Year-on-year	Change from
		Results		forecast
				change
							(from Feb.)
Operating revenues		481.6	Billions	-	141.2		22.7 %	+	4.6	Billions
	yen	-	yen
			of						of
Operating income		16.3	Billions	-	63.7		- %	+	3.6	Billions
-	yen		yen
		of							of
Ordinary income		8.1	Billions	-	57.4		- %	+	4.8	Billions
-	yen		yen
		of							of
Profit attributable to		28.7	Billions		57.6		- %		1.2	Billions
owners of the parent	-	yen	-		-	yen
			of								of

• Group Business Performance Highlights

Operating income：【Recorded losses】

Loss due to the COVID-19 pandemic.

(Secured surplus) Transport, Real Estate, Aviation Services, Others

(Recorded losses) Traffic, Leisure and Services, Distribution

Net profit：【Recorded losses 】

The loss worsened significantly due mainly to the recording of impairment loss on fixed assets in addition to an operating loss.

■ Quarter Trends	(billions of yen)

500	[Operating income]
400
300
200						47.3
100
0
-100	-10.2		5.0		-16.3
-200		-4.7		-6.4
	1st	2nd	3rd	4th	FY2020	FY2019
	quarter	quarter	quarter	quarter	results	results
400	【Net profit]
300
200
100						28.8
0
△ 100	-7.6		3.5
-4.7			-28.7
△ 200

△ 300	-19.9

• 400

1st	2nd	3rd	4th	FY2020	FY2019
quarter	quarter	quarter	quarter	results	results

Copyright © Nagoya Railroad Co., Ltd.

02

The Company's Passengers

■ Railroad Passengers Trends				⮚ Total number of passengers (FY2020)
[Total]			FY2019		FY2020			the number of COVID-19 cases of Aichi		296.23 millions of people		(Unit: People)
	* Figures on graphs are year-on-year changes.	Excluding the effects of a surge in	Year-on-year comparisons -24.8％
4,000			Figures in parentheses are percent changes							10,000
			compared to the same month two years ago.	consumption before a tax hike,
				passengers were down
(Unit: Millions of people)
					-22.8% in Sept. and -25.7% in Oct..
																			8,000
3,000														-27.7		＋45.2
				-21.5	-21.2	-25.3	-31.7	-15.7	-20.4	-22.4	＋1.6	(-17.2)
												(-24.9)					6,000
			-35.8
												-26.3
2,000			-43.0
																		4,000
1,000
																		2,000

0

0

Apr.

May

Jun.

Jul.

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

State of emergency

State of emergency

State of emergency

2021

Apr.10 - May.25

（Aichi original）

Jan.14- Feb.28

Aug.6 - Aug.24

（Reference）Implementation status of remote working

Tokyo metropolitan area・・・Tokyo, Kanagawa, Saitama, Chiba

Kansai area・・・Osaka, Kyoto, Hyogo

[Non-Commuters]

Total number of

passengers (FY2020) 75.03 millions of people

[Commuters]

Total number of passengers (FY2020) 221.2 millions of people

＜Area＞	Implementation
rate
The Tokyo	38.5%
metropolitan area
Kansai area	22.1%

＜Industry type＞	Implementation
rate
Information and	55.7%
communication industry
Financial business,	30.2%
Insurance business

Year-on-yearYear-on-year comparisons -40.3％ comparisons -17.6％

Aichi・Gifu	20.0%

Manufacturing	27.2%
industry

Copyright © Nagoya Railroad Co., Ltd.

Source: Created by the Company based on PERSOL RESEARCH AND
CONSULTING Co., Ltd.'s fourth emergency survey related to the impact of	03
pandemic countermeasures on teleworking (Nov.18-23, 2020)

Management Issues Based on the Current Situation and Changes in the Business Environment

Business Environment	Current Situation	After the COVID-19 Situation
Remote working,	Expanding	Likely to stay somewhat common,
Online classes・Conferences	except for online classes
Migration of populations	Gradual spread from urban centers	Continuation
to suburbs
Inbound demand	Evaporation	Prolonged recovery period
Domestic leisure demand	Some effects on the Go To	Ａ recovery of Tourism demand
Campaign are uncertain	in the center in micro-tourism
Real Estate・Transport・	Relatively stable	Continuous growth
Aviation Services etc.
Digitalization	Acceleration of progress	Become established

Management Issues

• Structural reforms in our Traffic business

• Promoting real estate development in line with the gradual migration of populations

from urban centers to the suburbs and the concomitant changes in lifestyles

• Reinforcing earnings power, particularly that of businesses expected to grow going forward
  ④ Promoting digital transformation (DX)

Copyright © Nagoya Railroad Co., Ltd.

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