West Japan Railway Co
9021: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| JPY 1,129.00 | Hklnm | Xfkyfrgv |
Recovering Passenger Demand and Real Estate Developments Are Driving Growth for JR West
Business Strategy and Outlook
West Japan Railway, or JR West, is the main railway operator in western Honshu, headquartered in Osaka. Two-thirds of prepandemic operating income was from rail services, close to 20% from real estate, 10% from travel agency services and hotels, and 3% from retail operations. Rail services include long-distance bullet train lines, known as Shinkansen, and conventional train lines in the Kyoto-Osaka-Kobe metropolitan area and in regional areas.