West Japan Railway (9021) Stock Price, Fundamentals & Analysis

What 9021 does

West Japan Railway (9021) is a Japan-based railroad operator listed on the Tokyo Stock Exchange. Together with its subsidiaries, it runs passenger rail services and operates station-based retail, including convenience stores, restaurants, and souvenir shops. The company also develops and manages shopping centers and hotels, leases and sells condominiums, and provides travel arrangement services such as train reservations and package tours. Additional activities include credit cards, electronic money, construction, advertising, and spatial information consulting. West Japan Railway was incorporated in 1987 and is headquartered in Kita, Japan.

Key numbers explained

• 2,959 JPY is the current share price, the latest traded level for West Japan Railway on the Tokyo Stock Exchange.
• The trailing P/E ratio of 11.6 shows how much investors pay per unit of recent earnings; a lower P/E ratio can suggest a more modest valuation relative to earnings.
• The forward P/E ratio of 12.5 uses expected future earnings, giving a sense of how the market prices in growth or decline.
• Dividend yield of 3.42% indicates the annual dividend payment as a percentage of the current share price; a higher dividend yield can appeal to income-focused investors.
• The ex-dividend date of Mar 30, 2027 is the cutoff to own the stock and receive the next dividend.
• 38% of earnings are paid out as dividends, reflecting the company's dividend policy.
• Beta of 0.06 suggests the stock's price moves much less than the overall market, a trait typical of regulated infrastructure businesses.
• Price-to-book of 1.1 compares the share price to the company's book value per share, a basic measure of whether the stock trades near or away from its accounting net assets.

What to watch

As a railroad operator, West Japan Railway is sensitive to Japan's population trends, commuting patterns, and tourism flows. Station retail and real estate activities add exposure to consumer spending and property market cycles. Regulatory and fare-setting frameworks in Japan can affect pricing power. Investors in West Japan Railway may also monitor its position among peers such as Kawasaki Heavy Industries (7012), Kajima Corporation (1812), and Keio (9008), as well as broader movements in the Nikkei 225. The next earnings report is scheduled for Nov 5, 2026.