From the company's own filing for H1 (Apr–Sep 2026) · reported 2026-10-30 · the filing ↗
JapanStation-building store sales rose 7% in April–September, with existing LUMINE stores up 5% and atré up 3%; hotel occupancy averaged 80.4% (up 0.7 points) at an average room rate of ¥19,597 (up 5%).
StoresReal estate & hotels profit fell because the half had no property sales (a year earlier ¥4.5bn of sales and ¥4.0bn of profit); TAKANAWA GATEWAY CITY's full opening and OIMACHI TRACKS lifted rental income.
InboundEstimated inbound revenue from hotels, shopping centres and shops was ¥29.8bn against a ¥25.5bn plan for the half, while the rail side, ¥20.3bn, fell short of its ¥22.0bn plan.
Other callouts in the filing
SegmentRetail & services grew on more in-station shop sales as rail use rose: existing JR East Cross Station retail sales were up 6% and food outlets up 3% for April–September, and transport advertising revenue rose, though segment profit grew only ¥0.6bn.
One-offNet income rose only 3.2% despite 13.6% higher operating profit: gains on selling investment securities shrank to ¥7.8bn from ¥22.9bn and special losses nearly doubled to ¥30.8bn, including ¥9.8bn of fixed-asset removal losses.
OutlookFull-year forecasts were raised to revenue of ¥3,358.0bn (+8.9%), operating profit of ¥450.0bn (+8.6%) and net income of ¥265.0bn (+6.9%), from ¥3,295.0bn, ¥429.0bn and ¥255.0bn; the interim dividend is ¥44 against ¥42 planned.
floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.
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floortok holds 2 reported periods for this company.
Quarter-alone and year-to-date rows are floortok's arithmetic on the company's own filings — the quarter alone under a cumulative filing, the year to date under a quarter — shown only where the filings they need are on file. A period tagged Year-to-Date runs from the start of the company's fiscal year.
H1 (Apr–Sep 2026) · Year-to-Date
Reported 2026-10-30
Revenue¥1.59tn▲ +8.4%
Operating profit¥262.9bn▲ +13.6%
Net income¥152.0bn▲ +3.2%
Q2 alone (Jul–Sep 2026)
Revenue¥812.7bn—
Operating profit¥137.4bn—
Net income¥84.0bn—
JR East is on this page as a landlord: its LUMINE and atré station buildings compete directly with department stores for the same commuter. Retail & services — the in-station shops, GRANSTA among them — grew revenue 4.4% to ¥206.0bn and segment profit 2.1% to ¥32.2bn in April–September 2026, while real estate & hotels, home to the station buildings, grew revenue 8.0% to ¥232.8bn but saw profit fall to ¥41.2bn from ¥47.8bn with no property sales. Group revenue rose 8.4% to ¥1,585.4bn, operating profit 13.6% to ¥262.9bn and net income 3.2% to ¥152.0bn. Most of the group is trains; read the segment, not the total.
Q1 (Apr–Jun 2026) · Year-to-Date
Reported 2026-07-31
Revenue¥772.7bn▲ +8.0%
Operating profit¥125.5bn▲ +9.4%
Net income¥68.0bn▼ −13.6%
JR East is on this page as a landlord: its LUMINE and atré station buildings compete directly with department stores for the same commuter, and often beat them. They sit in real estate & hotels, which grew revenue 5.6% in April–June 2026 while segment profit fell 32.9% on new-building depreciation and no property sales; retail & services — the in-station shops, GRANSTA among them — grew revenue 6.1% to ¥110.6bn and segment profit 7.6% to ¥15.3bn. Group revenue rose 8.0% to ¥772.7bn and operating profit 9.4% to ¥125.5bn, while net income fell 13.6% to ¥68.0bn. Most of the group is trains; read the segment, not the total.
InboundEstimated inbound revenue at hotels, shopping centres and shops reached ¥16.4bn against a ¥13.5bn plan, but rail inbound revenue of ¥11.1bn missed its ¥12.0bn plan as Chinese visitors fell sharply.
StoresTAKANAWA GATEWAY CITY's full opening in March and the opening of OIMACHI TRACKS lifted rental income, but their depreciation and no property sales this quarter cut real estate & hotels profit 32.9%.
BasisJR East reports its LUMINE and atré station buildings under real estate & hotels, not retail & services; station-building store sales rose 7% in April–June, with existing LUMINE stores up 4% and atré up 2%.
SegmentRetail & services grew on station-concourse (ekinaka) shop sales as rail traffic rose; existing JR East Cross Station retail was up 4% and food outlets 3%, though two June typhoons dented the month.
SegmentHotel sales rose 6%, with occupancy at 79.9% (up 0.7 points) and an average room rate of ¥20,544 (up 5%), yet combined hotel operating profit slipped to ¥3.3bn from ¥3.8bn.
One-offThe net-profit fall reflects smaller gains on selling investment securities, ¥6.5bn against ¥22.2bn a year earlier; JR East left its 30 April full-year forecast unchanged.