Hiroshima Electric Railway Co Ltd operates within the Local and suburban transit sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hiroshima Electric Railway Co Ltd with three other
companies in this sector in Japan:
Shin-Keisei Electric Railway Co., Ltd.
sales of 21.45 billion Japanese Yen [US$197.09 million]
of which 75%
was Transportation Business),
Hokkaido Chuo Bus Company Limited
(38.77 billion Japanese Yen [US$356.31 million]
of which 56%
was Automobile Passenger Transportation Busi), and
Niigata Kotsu Co., Ltd.
(19.82 billion Japanese Yen [US$182.13 million]
During the year ended March of 2019, sales at
Hiroshima Electric Railway Co Ltd were ¥36.55 billion (US$335.85 million).
decrease of 9.2%
versus 2018, when the company's sales were ¥40.25 billion.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Hiroshima Electric Railway Co Ltd had sales
of ¥39.72 billion.
Contributing to the drop in overall sales was the 39.6% decline
in Distribution Business, from ¥8.93 billion to ¥5.40 billion.
There were also decreases in sales in
Transportation Business (down 0.5% to ¥22.08 billion)
Construction Industry (down 10.7% to ¥3.08 billion)
Leisure and Services (down 0.5% to ¥1.88 billion)
However, these declines were partially offset by the increase in sales of
Real Estate Industry (up 8.3% to ¥4.11 billion)