Central Japan Railway Company (9022.T) stock analysis

In our weekly check, Central Japan Railway Company is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 17 pass, warnings: 4, red flags: 3.

About Central Japan Railway Company

Central Japan Railway Company is an Industrials company (Railroads) based in Japan, listed on JPX as 9022.T.

What our checks show for 9022.T

Red flags

• Analysts expect the net margin to shrink by 4 points from today's 27.2%.
• The stock has fallen as much as 66% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 5.1 years.

Warning signs

• Net debt is 3.6x a year of EBITDA (debt/equity 0.93). That limits room in a downturn and raises refinancing risk.
• Analysts expect earnings per share to shrink about 1.5% a year.
• Analysts expect only about 2.1% a year of growth in revenue.
• Return on capital (ROCE) is only 8.2%.

Strengths

• Operating profit covers interest 10.5 times over.
• The net margin rose by 32.8 points over 5 years, to 27.2%.
• The gross margin is 51.9% and has risen by 34.6 points: pricing power is holding.
• Operating cash flow is 1.36x net profit: the profit arrives as real cash.
• Earnings per share grew 36.9% a year over the last 3 years.
• Net profit grew 35.9% a year over the last 3 years.

Next earnings report: 2026-10-28

Similar companies

9020.T · 6273.T · ADANIPORTS.NS · 4901.T · ADANIENT.NS · 6971.T

Questions

What grade does Central Japan Railway Company (9022.T) have?

In our weekly check, Central Japan Railway Company is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 17 pass, warnings: 4, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 9022.T stock?

This week's biggest flags for Central Japan Railway Company: Margins expected to shrink, Deep past fall, Slow recovery after falls. In total 7 of 24 checks show a warning or a red flag.

What does Central Japan Railway Company do?

Central Japan Railway Company is an Industrials company (Railroads) based in Japan, listed on JPX as 9022.T.

When does Central Japan Railway Company report earnings next?

The next earnings report is expected on 2026-10-28. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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