Below are the financial statements of West Japan Railway, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of JPY | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash | 233,465a | 290,138a |
Notes and accounts receivable-trade | 58,437a | 43,886a |
Railway fares receivable | 52,676a | 41,472a |
Accounts receivable | 114,129a | 115,535a |
Securities | 0a | 36a |
Inventories | 160,631a | 153,234a |
Other current assets | 82,161a | 73,844a |
Less allowance for doubtful accounts | -537a | -1,616a |
Total current assets | 700,963a | 716,532a |
Property, plant, and equipment | — | — |
Buildings and structures | 1,236,295a | 1,230,595a |
Machinery and transport equipment | 414,075a | 399,001a |
Land | 806,288a | 782,965a |
Construction in progress | 122,667a | 117,193a |
Other property, plant, and equipment | 54,097a | 51,447a |
Total property, plant, and equipment | 2,633,423a | 2,581,205a |
Non-current assets | — | — |
Intangible assets | 46,490a | 49,254a |
Investments and other assets | — | — |
Investments in securities | 127,931a | 101,980a |
Net defined benefit asset | 4,564a | 3,173a |
Deferred tax assets | 207,161a | 232,895a |
Other investments and assets | 60,497a | 53,558a |
Less allowance for doubtful accounts | -3,306a | -3,761a |
Total investments and other assets | 396,848a | 387,846a |
Total non-current assets | 3,076,763a | 3,018,306a |
Deferred assets | — | — |
Share issuance cost | 196a | 668a |
Total deferred assets | 196a | 668a |
Total assets | 3,777,923a | 3,735,507a |
Current liabilities | — | — |
Notes and accounts payable-trade | 59,894a | 66,020a |
Short-term loans payable | 19,298a | 17,483a |
Current portion of bonds | 60,000a | 100,000a |
Current portion of long-term loans payable | 77,130a | 39,553a |
Current portion of long-term payables for acquisition of railway properties | 1,327a | 1,245a |
Accounts payable | 163,458a | 122,108a |
Accrued consumption tax | 25,326a | 23,451a |
Accrued income tax | 13,422a | 13,600a |
Inter-line fares received | 4,147a | 2,240a |
Deposits received | 131,092a | 119,536a |
Prepaid railway fares received | 38,339a | 37,244a |
Advances received | 37,512a | 44,052a |
Allowance for bonuses | 36,251a | 29,540a |
Allowance for loss on disaster | 2,575a | 396a |
Allowance for point program | 143a | 706a |
Other current liabilities | 40,254a | 41,283a |
Total current liabilities | 710,175a | 658,464a |
Non-current liabilities | — | — |
Bonds | 799,994a | 859,992a |
Long-term loans payable | 519,855a | 557,482a |
Long-term payables for acquisition of railway properties | 96,108a | 97,436a |
Deferred tax liabilities | 1,807a | 1,474a |
Allowance for large scale renovation of Shinkansen infrastructure | 33,333a | 29,166a |
Allowance for environmental safety measures | 2,255a | 3,414a |
Allowance for loss on liquidation of railway belts | 30,292a | 15,794a |
Net defined benefit liability | 211,647a | 223,318a |
Other long-term liabilities | 147,491a | 144,653a |
Total non-current liabilities | 1,842,786a | 1,932,733a |
Total liabilities | 2,552,961a | 2,591,198a |
Total shareholders’ equity | — | — |
Common stock | 226,136a | 226,136a |
Capital surplus | 183,939a | 183,904a |
Retained earnings | 692,468a | 626,108a |
Treasury stock, at cost | -1,262a | -1,378a |
Net assets | — | — |
Total shareholders’ equity | 1,101,282a | 1,034,772a |
Valuation and translation adjustments | — | — |
Net unrealized holding gain on securities | 6,569a | 1,061a |
Deferred gains or losses on hedges | 130a | -9a |
Remeasurements of defined benefit plans | -2,087a | -1,347a |
Total valuation and translation adjustments | 4,613a | -295a |
Non-controlling interests | 119,064a | 109,832a |
Total net assets | 1,224,961a | 1,144,309a |
Total liabilities and net assets | 3,777,923a | 3,735,507a |
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