Tobu Railway : 2Q FY2022 Financial Results Briefing

2Q FY2022

Financial Results Briefing

November 11, 2022

TOBU RAILWAY CO., LTD.

Table of Contents

Ⅰ . 2Q FY2022 Business Results

Ｐ０２

Ⅱ. FY2022 Full Year Forecast

Ｐ１１

Ⅲ. Medium-term Business Plan

Ｐ１９

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Ⅰ．2Q FY2022 Business Results ― Subsidiaries・Affiliates

Subsidiaries	March	Increase	Decrease	September
	2022			2022
Transportation	26	1	-	27
Leisure	21	-	4	17
Real Estate	3	-	-	3
Retail Distribution	12	1	5	8
Other	16	1	2	15
Total	78	3	11	70

Affiliates	March	Increase	Decrease	September
	2022			2022
Transportation	1	-	-	1
Leisure	2	-	-	2
Real Estate	-	-	-	-
Retail Distribution	-	-	-	-
Other	-	-	-	-
Total	3	-	-	3

（Reference）Restructuring of main business

March 2022		April 2022
Transportation		Transportation
Leisure	Sports		Leisure
Food
	Parking
Real Estate		Leasing business	Real Estate
Retail		Trading company ･Retail	Other	Retail
Other
Distribution		Distribution
Other	Security ・ Insurance	Other
Trading company ･Retail …	Tobu Shoji Co.,Ltd.、TOBU LANDSYSTEM CO.,LTD.、Tobu Foods Service Co.,Ltd.、
		Tobu Foods System Co.,Ltd.、Tobu Energy Support Co., Ltd.
Parking	…	Nihon Parking Building Service Co., Ltd、SOGO PARKING SERVICE Co.,Ltd.、
		UTSUNOMIYA PARKING SERVICE CO.,LTD.
Security	…	Tobu Building Management Co., Ltd.、TOBU SECURITY Co.,Ltd.
Insurance	…	TOBU Insurance Service Co.,Ltd.、TOUEI SANGYO CO.,LTD.（completion of liquidation , July 2022）	2
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Ⅰ． 2Q FY2022 Business Results ― Consolidated statement of income

Unit: Millions of yen	2Q FY2022	2Q FY2021	Change	Notes
Results	Results
				Transportation+8,867、
Revenue from	285,422	233,831	51,590	Leisure+49,983、
Real Estate-12,451
Operations
			Retail Distribution+6,207、
				Other-638
				Transportation+4,546、
Operating Income	24,097	6,678	17,418	Leisure+12,898、
Real Estate-3,402、
				Retail Distribution+3,866、
				Other-497
Recurring Income	23,151	8,620	14,531
Extraordinary Profit	5,315	681	4,633
Extraordinary Loss	8,085	3,070	5,014
Profit Attributable to	13,030	1,664	11,365
Owners of Parent
Ratio of Operating	8.4%	2.9%	5.5P
Income to Sales
Depreciation	26,436	26,774	-338
EBITDA	50,533	33,453	17,080
Capital Expenditures	18,244	14,518	3,726

2Q FY2022	Change
Plan

261,700 23,722

13,400 10,697

11,500 11,651

- -

- -

5,300 7,730

5.1% 3.3P

- -

- -

- -

* Numbers for plan come from announcement made on April 28, 2022. (p.3-p.18)

We have changed the segment classifications from FY2022. We have given the figures for FY2021 according to the classifications after the change. 3 All rights reserved. Copyright © TOBU RAILWAY CO.,LTD.

Ⅰ．2Q FY2022 Business Results ― Consolidated balance sheet

Unit: Millions of yen	2Q FY2022	FY2021	Change	Notes
Results	Results
Current assets	184,111	167,475	16,636
Non-current assets	1,515,175	1,522,380	-7,205
Total assets	1,699,286	1,689,855	9,431
Current liabilities	419,597	409,735	9,862
Non-current	807,597	820,901	-13,303
liabilities
Total liabilities	1,227,195	1,230,636	-3,440
Total net assets	472,091	459,219	12,871	Retained earnings+10,227
Total liabilities and	1,699,286	1,689,855	9,431
net assets
Shareholders equity	27.4%	26.8%	0.6P
ratio
Interest-bearing debt
800,914	808,507	-7,592
balance

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