Odakyu Electric Railway Co., Ltd. (9007.T) - Quarterly Balance Statement

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9007.T
Financials

1525 (JPY) • At close March 14, 2025

Overview | Financials

Numbers are in millions (except for per share data and ratios) JPY.

	2024 Q3	2024 Q2	2024 Q1	2023 Q4	2023 Q3	2023 Q2	2023 Q1	2022 Q4	2022 Q3	2022 Q2	2022 Q1	2021 Q4	2021 Q3	2021 Q2	2021 Q1	2020 Q4	2020 Q3	2020 Q2	2020 Q1	2019 Q4	2019 Q3	2019 Q2	2019 Q1	2018 Q4	2018 Q3	2018 Q2	2018 Q1	2017 Q4	2017 Q3	2017 Q2	2017 Q1	2016 Q4	2016 Q3	2016 Q2	2016 Q1	2015 Q4	2015 Q3	2015 Q2	2015 Q1	2014 Q4	2014 Q3	2014 Q2	2014 Q1	2013 Q4	2013 Q3	2013 Q2	2013 Q1	2012 Q4	2012 Q3	2012 Q2	2012 Q1	2011 Q4	2011 Q3	2011 Q2	2011 Q1	2010 Q4	2010 Q3	2010 Q2	2010 Q1	2009 Q4	2009 Q3	2009 Q2	2008 Q4	2008 Q3
Assets:
Current Assets:
Cash & Cash Equivalents Numbers are in millions	47,824	66,561	22,503	60,532	57,888	79,866	127,018	67,604	35,520	26,280	42,060	21,982	44,209	30,923	42,676	49,397	106,987	113,583	74,053	28,594	39,616	23,954	43,293	21,762	21,329	20,765	27,059	44,013	45,171	35,144	37,555	19,361	19,472	22,842	34,020	27,394	25,756	17,126	24,212	19,466	25,796	28,930	29,848	30,532	27,627	35,589	29,715	29,955	17,839	24,177	29,928	30,994	21,779	15,598	15,323	22,961	13,356	18,950	21,847	31,552	19,768	21,363	31,523	40,650
Short Term Investments Numbers are in millions	0	0	17,197	130	0	130	-27,771	-1,750	0	130	-21,803	-14,332	-22,568	-22,785	0	-2,470	-24,486	-24,667	-24,624	-1,578	-25,347	-25,773	-25,972	-1,021	-23,688	-24,442	-25,090	-715	-21,519	-21,443	-21,697	-496	-22,168	-22,989	-22,931	-467	-22,208	-21,858	-22,031	-359	10	10	10	10	10	10	10	10	10	10	10	10	20	20	20	20	30	30	30	10	10	10	10	10
Cash and Short Term Investments Numbers are in millions	47,824	66,561	22,503	60,662	57,888	79,866	127,018	67,604	35,520	26,280	42,060	21,982	44,209	30,923	42,676	49,397	106,987	113,583	74,053	28,594	39,616	23,954	43,293	21,762	21,329	20,765	27,059	44,013	45,171	35,144	37,555	19,361	19,472	22,842	34,020	27,394	25,756	17,126	24,212	19,466	25,806	28,940	29,858	30,542	27,637	35,599	29,725	29,965	17,849	24,187	29,938	31,004	21,799	15,618	15,343	22,981	13,386	18,980	21,877	31,562	19,778	21,373	31,533	40,660
Net Receivables Numbers are in millions	26,309	0	22,070	26,618	23,641	22,937	22,704	23,377	22,295	23,479	21,307	24,518	23,021	18,069	21,852	20,777	21,710	19,220	13,694	23,556	27,312	26,725	23,788	26,980	24,885	21,662	23,541	25,415	24,683	21,566	23,135	24,466	24,140	20,999	22,054	25,295	23,550	23,275	22,088	23,528	23,076	20,240	20,479	23,285	22,149	19,137	20,286	20,931	22,011	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Inventory Numbers are in millions	64,839	57,361	53,056	50,734	47,766	42,613	41,939	42,329	36,297	45,212	47,343	44,539	35,508	32,487	34,556	38,871	44,053	44,232	43,150	40,602	51,104	48,878	46,930	42,452	49,212	47,796	42,288	41,206	48,579	46,465	47,021	45,299	52,669	49,093	48,784	45,154	51,946	50,820	52,285	50,198	54,071	49,311	49,443	47,861	49,278	46,831	47,091	46,909	50,451	50,175	51,054	50,338	54,141	53,376	53,455	51,510	52,719	49,765	51,107	49,651	51,881	51,732	56,438	62,782
Other Current Assets Numbers are in millions	27,075	47,628	20,773	35,104	25,655	23,146	35,790	35,280	37,158	33,895	34,730	34,503	37,916	32,518	33,858	37,647	40,421	36,553	33,882	39,039	42,029	41,647	37,382	38,407	39,594	35,212	34,758	40,211	43,066	39,257	38,297	36,565	40,463	37,986	37,509	35,717	38,910	36,661	36,012	34,651	37,742	35,478	35,526	36,004	37,104	33,763	33,522	33,044	34,114	50,792	51,259	50,261	53,462	49,568	50,870	46,452	54,212	51,065	51,718	51,365	55,559	72,699	53,038	58,243
Total Current Assets Numbers are in millions	166,047	171,550	118,402	173,118	154,950	168,562	227,451	168,590	131,270	128,866	145,440	125,542	140,654	113,997	132,942	146,692	213,171	213,588	164,779	131,791	160,061	141,204	151,393	129,601	135,020	125,435	127,646	150,845	161,499	142,432	146,008	125,691	136,744	130,920	142,367	133,560	140,162	127,882	134,597	127,843	140,695	133,969	135,306	137,692	136,168	135,330	130,624	130,849	124,425	125,154	132,251	131,603	129,402	118,562	119,668	120,943	120,317	119,810	124,702	132,578	127,218	145,804	141,009	161,685
Non-Current Assets:
Property, Plant & Equipment, Net Numbers are in millions	1,020,838	1,013,460	1,012,019	1,014,014	1,007,557	1,009,887	1,003,543	1,009,447	1,055,625	1,057,843	1,057,193	1,062,130	1,054,553	1,054,310	1,057,470	1,059,096	1,069,080	1,071,354	1,070,483	1,070,368	1,058,469	1,054,253	1,046,950	1,041,686	1,025,346	1,020,570	1,021,052	1,021,700	1,019,855	1,020,396	1,020,585	1,024,779	1,013,466	1,009,213	1,000,654	1,004,861	998,021	998,564	997,135	1,003,514	998,200	999,042	999,058	1,004,966	1,016,120	1,021,308	1,024,490	1,033,326	1,088,370	1,087,477	1,087,578	1,092,855	1,084,353	1,092,135	1,094,707	1,066,633	1,054,253	1,055,070	1,057,328	1,061,993	1,076,408	1,075,906	1,066,637	1,047,008
Goodwill Numbers are in millions	641	712	782	853	893	962	1,031	1,100	1,168	1,237	1,306	1,375	1,444	1,514	1,584	1,654	1,912	1,993	2,075	2,157	2,793	2,906	3,018	3,856	956	1,797	1,797	1,866	1,082	951	995	1,041	1,087	1,133	1,180	1,126	1,168	1,213	1,258	1,205	170	184	198	53	64	75	86	97	112	126	516	857	1,238	1,619	2,000	2,382	3,282	3,770	4,258	4,746	5,246	5,746	6,632	7,125
Intangible Assets Numbers are in millions	15,813	16,174	16,843	17,670	17,432	18,581	19,385	19,965	19,427	19,740	19,589	20,574	19,974	20,627	20,960	21,890	21,065	21,651	21,912	22,051	19,690	19,913	20,067	20,299	13,457	13,890	14,431	14,065	12,693	13,334	13,838	13,514	12,166	12,493	13,095	13,618	12,495	12,763	12,605	12,887	11,090	11,561	12,033	11,938	11,313	11,696	12,243	12,664	11,916	12,112	12,697	13,182	12,411	12,506	13,125	13,672	13,426	13,381	14,185	14,651	13,368	13,675	14,056	12,027
Goodwill and Intangible Assets Numbers are in millions	16,454	16,886	17,625	18,523	18,325	19,543	20,416	21,065	20,595	20,977	20,895	21,949	21,418	22,141	22,544	23,544	22,977	23,644	23,987	24,208	22,483	22,819	23,085	24,155	14,413	15,687	16,228	15,931	13,775	14,285	14,833	14,555	13,253	13,626	14,275	14,744	13,663	13,976	13,863	14,092	11,260	11,745	12,231	11,991	11,377	11,771	12,329	12,761	12,028	12,238	13,213	14,039	13,649	14,125	15,125	16,054	16,708	17,151	18,443	19,397	18,614	19,421	20,688	19,152
Long Term Investments Numbers are in millions	88,147	0	81,359	77,180	71,143	71,383	92,684	59,157	56,306	53,624	75,403	68,007	78,282	87,172	65,110	76,795	97,556	103,053	103,778	79,671	116,833	115,726	113,079	92,634	110,643	120,726	115,718	87,604	114,363	107,360	108,914	82,971	108,217	95,830	96,053	81,444	115,543	110,057	116,538	86,425	78,682	71,945	68,718	67,181	73,727	69,311	65,369	62,847	52,365	45,357	45,915	47,548	42,521	45,313	45,776	47,124	50,768	50,606	52,955	58,512	54,792	56,804	53,889	60,282
Tax Assets Numbers are in millions	0	0	17,197	2,451	-71,143	-71,383	-27,771	6,253	-56,306	-53,624	-21,803	5,986	-22,568	-22,785	-65,110	5,955	-97,556	-103,053	-103,778	6,828	-116,833	-115,726	-113,079	9,292	-110,643	-120,726	-115,718	5,650	-114,363	-107,360	-108,914	5,881	-108,217	-95,830	-96,053	6,023	-115,543	-110,057	-116,538	6,300	10	10	10	5,945	10	10	10	6,100	10	10	10	5,544	20	20	20	4,892	30	30	30	5,136	10	10	4,490	10
Other Non-Current Assets Numbers are in millions	16,248	95,809	17,198	16,281	95,642	95,018	27,771	15,462	76,690	74,748	21,802	1,613	22,568	22,785	88,374	14,912	97,555	103,052	103,778	15,434	116,833	115,726	113,078	15,063	110,642	120,726	115,717	15,602	114,364	107,360	108,915	16,223	108,217	95,831	96,053	16,697	115,544	110,057	116,539	15,673	22,000	22,179	22,496	16,566	23,564	23,780	24,101	18,617	24,312	24,923	25,026	19,596	23,894	24,757	25,034	20,791	25,568	26,073	26,113	21,673	26,719	26,989	23,025	28,215
Total Non-Current Assets Numbers are in millions	1,141,687	1,126,155	1,128,201	1,128,449	1,121,524	1,124,448	1,116,643	1,111,384	1,152,910	1,153,568	1,153,490	1,159,685	1,154,253	1,163,623	1,168,388	1,180,302	1,189,612	1,198,050	1,198,248	1,196,509	1,197,785	1,192,798	1,183,113	1,182,830	1,150,401	1,156,983	1,152,997	1,146,487	1,147,994	1,142,041	1,144,333	1,144,409	1,134,936	1,118,670	1,110,982	1,123,769	1,127,228	1,122,597	1,127,537	1,126,004	1,110,152	1,104,921	1,102,513	1,106,649	1,124,798	1,126,180	1,126,299	1,133,651	1,177,085	1,170,005	1,171,742	1,179,582	1,164,437	1,176,350	1,180,662	1,155,494	1,147,327	1,148,930	1,154,869	1,166,711	1,176,543	1,179,130	1,168,729	1,154,667
Total Assets Numbers are in millions	1,307,734	1,297,707	1,246,603	1,301,567	1,276,476	1,293,013	1,344,095	1,279,976	1,284,183	1,282,434	1,298,933	1,285,230	1,294,909	1,277,621	1,301,332	1,326,996	1,402,785	1,411,640	1,363,029	1,328,303	1,357,847	1,334,004	1,334,507	1,312,433	1,285,424	1,282,420	1,280,646	1,297,334	1,309,495	1,284,475	1,290,341	1,270,102	1,271,681	1,249,592	1,253,350	1,257,332	1,267,391	1,250,480	1,262,134	1,253,849	1,250,849	1,238,892	1,237,820	1,244,344	1,260,968	1,261,511	1,256,924	1,264,501	1,301,512	1,295,159	1,303,993	1,311,185	1,293,839	1,294,912	1,300,330	1,276,437	1,267,644	1,268,740	1,279,571	1,299,289	1,303,761	1,324,934	1,309,738	1,316,352
Liabilities & Equity:
Current Liabilities:
Account Payables Numbers are in millions	19,619	18,580	15,778	19,016	17,697	14,567	14,786	16,383	16,638	18,660	18,726	21,239	20,876	16,136	16,047	19,664	20,961	18,125	11,696	23,706	25,205	23,399	23,977	25,865	26,049	23,026	24,683	30,169	26,756	25,165	25,132	28,542	26,943	24,061	24,240	28,769	27,386	25,359	25,001	29,249	28,528	23,526	24,042	28,244	27,186	23,617	24,132	27,433	26,644	23,782	23,371	26,202	27,359	23,507	23,385	26,128	28,387	24,549	23,581	24,430	26,650	26,459	28,079	29,629
Short Term Debt Numbers are in millions	234,631	203,869	215,116	220,921	232,704	233,371	276,767	247,514	265,823	273,229	216,006	213,917	216,480	201,726	207,254	203,499	233,241	243,756	243,600	235,157	241,864	232,064	234,366	232,774	228,907	226,545	229,887	240,440	244,275	253,998	241,837	218,375	234,915	219,459	212,720	237,393	209,966	208,474	205,111	237,650	224,241	217,300	210,851	221,192	220,096	244,403	265,916	267,320	259,999	244,630	272,871	269,962	287,478	234,331	240,199	243,082	215,621	235,825	256,445	257,979	259,824	257,537	252,321	249,165
Tax Payables Numbers are in millions	0	8,540	5,400	21,534	24,134	26,455	19,681	7,458	1,455	5,391	2,455	9,440	6,776	5,086	2,718	6,311	5,150	4,398	4,323	5,732	4,099	8,073	3,666	7,037	4,328	8,085	4,460	8,353	6,005	9,049	4,515	6,998	4,424	8,600	4,605	6,914	4,030	8,042	3,980	8,431	4,503	9,235	4,853	9,931	6,450	9,617	4,715	9,106	5,385	9,077	4,773	10,766	7,042	7,681	3,876	3,553	3,452	5,778	1,987	7,881	8,522	8,910	1,408	4,387
Deferred Revenue Numbers are in millions	0	0	5,400	21,534	30,195	35,697	29,295	16,551	7,201	14,073	11,933	17,604	12,474	13,796	11,960	17,945	15,807	18,452	19,201	19,525	16,766	21,193	17,917	19,583	14,373	21,134	18,809	22,063	31,592	37,334	33,399	31,064	26,255	32,259	28,584	26,827	21,389	26,329	22,320	23,377	20,735	27,742	22,397	24,000	17,671	23,245	17,491	20,732	64,931	70,289	64,740	65,304	58,077	61,448	56,420	51,444	47,087	50,538	51,295	51,992	59,646	62,182	46,979	46,793
Other Current Liabilities Numbers are in millions	95,327	91,161	86,666	113,417	154,183	155,469	158,411	107,583	132,621	110,815	116,084	95,586	96,026	90,888	93,318	110,230	109,097	107,736	116,861	112,899	119,609	112,606	115,201	117,710	107,550	109,234	105,583	109,141	115,992	111,962	113,440	114,392	111,410	108,493	81,645	84,073	84,599	76,100	79,375	83,687	85,024	76,509	77,863	82,453	78,445	68,357	92,961	95,616	139,766	137,035	136,813	136,145	129,926	131,349	129,669	126,305	124,371	123,862	125,628	128,741	131,942	132,754	135,217	128,293
Total Current Liabilities Numbers are in millions	349,577	322,150	328,360	396,422	428,718	429,862	469,645	378,938	416,537	408,095	353,271	340,182	340,158	313,836	319,337	339,704	368,449	374,015	376,480	377,494	390,777	376,142	377,210	383,386	366,834	366,890	364,613	388,103	393,028	400,174	384,924	368,307	377,692	360,613	380,378	383,976	368,759	370,633	358,107	382,394	383,766	382,054	362,403	365,820	367,519	392,484	387,724	399,475	431,794	414,524	437,828	443,075	451,805	396,868	397,129	399,068	371,831	390,014	407,641	419,031	426,938	425,660	417,025	411,474
Non-Current Liabilities:
Long Term Debt Numbers are in millions	392,050	411,601	344,722	407,773	350,092	352,280	375,848	401,262	390,663	403,337	474,819	477,743	476,896	487,776	497,380	501,844	521,404	525,127	464,181	409,612	405,778	403,009	406,059	380,010	373,760	365,489	370,517	373,607	370,647	352,114	375,184	386,336	369,034	381,855	367,428	370,097	378,567	371,176	390,014	374,408	374,085	374,341	395,285	413,070	409,433	392,347	396,527	400,246	405,160	427,845	412,993	420,787	398,190	453,805	457,586	434,114	437,428	423,065	411,137	417,952	410,720	435,421	437,178	432,665
Deferred Revenue Non-Current Numbers are in millions	0	0	0	435	0	0	0	63,303	0	0	0	74,518	0	0	0	85,891	0	0	0	101,344	0	0	0	108,206	839	639	540	116,647	15,311	15,088	14,810	12,910	11,906	11,611	11,250	9,507	8,808	8,022	7,785	5,572	5,022	4,750	4,574	1,815	1,352	1,131	554	165,122	38,404	37,259	36,460	33,382	31,887	31,126	30,261	27,548	25,730	24,260	24,260	20,883	19,930	18,616	14,571	13,377
Deferred Tax Liabilities Non-Current Numbers are in millions	0	0	0	9,611	0	0	0	13,484	0	0	0	5,398	0	0	0	8,789	0	0	0	9,810	0	0	0	12,125	110,810	110,643	116,642	13,624	107,503	107,480	112,639	11,281	121,137	121,048	126,363	10,331	121,286	121,334	126,690	15,028	141,550	143,188	150,052	8,233	154,940	156,432	163,470	8,365	128,785	118,336	123,195	6,937	128,436	128,926	136,416	7,474	141,531	141,692	146,321	11,505	150,851	149,976	4,950	157,560
Other Non-Current Liabilities Numbers are in millions	93,406	89,902	93,898	27,648	97,403	97,250	104,091	34,501	119,164	115,706	119,559	38,133	124,433	125,531	134,108	38,313	146,793	146,530	151,301	39,861	158,223	155,690	160,302	39,528	50,131	52,230	51,732	52,512	54,828	52,782	53,698	152,568	51,757	48,525	48,930	166,399	67,465	56,609	58,879	168,240	53,407	55,886	54,820	197,882	57,924	56,396	55,956	45,749	55,965	66,091	67,630	185,401	69,009	72,233	71,281	201,052	76,382	78,242	80,435	216,700	82,567	83,668	232,740	90,955
Total Non-Current Liabilities Numbers are in millions	485,456	501,503	438,620	445,032	447,495	449,530	479,939	512,550	509,827	519,043	594,378	595,792	601,329	613,307	631,488	634,837	668,197	671,657	615,482	560,627	564,001	558,699	566,361	539,869	535,540	529,001	539,431	542,766	548,289	527,464	556,331	563,095	553,834	563,039	553,971	556,334	567,318	557,141	583,368	563,248	574,064	573,415	600,157	610,952	622,297	606,306	615,953	619,482	628,314	649,531	640,278	646,507	627,522	686,090	695,544	670,188	681,071	667,259	662,153	667,040	664,068	687,681	689,439	694,557
Total Liabilities Numbers are in millions	835,033	823,653	766,980	841,454	876,213	879,392	949,584	891,488	926,364	927,138	947,649	935,974	941,487	927,143	950,825	974,541	1,036,646	1,045,672	991,962	938,121	954,778	934,841	943,571	923,255	902,374	895,891	904,044	930,869	941,317	927,638	941,255	931,402	931,526	923,652	934,349	940,310	936,077	927,774	941,475	945,642	957,830	955,469	962,560	976,772	989,816	998,790	1,003,677	1,018,957	1,060,108	1,064,055	1,078,106	1,089,582	1,079,327	1,082,958	1,092,673	1,069,256	1,052,902	1,057,273	1,069,794	1,086,071	1,091,006	1,113,341	1,106,464	1,106,031
Equity:
Preferred Stock Numbers are in millions	0	0	0	0	0	0	367,531	0	0	0	330,201	328,264	331,693	323,695	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Numbers are in millions	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359	60,359
Retained Earnings Numbers are in millions	353,919	348,721	340,845	321,439	271,027	270,076	254,807	252,402	222,836	222,005	217,513	215,575	219,365	211,366	210,721	207,852	228,647	226,377	231,337	251,313	252,804	251,760	244,178	239,148	234,655	229,427	222,415	213,817	213,996	207,317	198,735	191,736	192,288	186,759	179,863	172,192	170,911	165,455	158,150	151,126	147,443	141,877	135,031	129,929	130,806	125,184	118,063	111,935	114,593	108,633	103,285	97,672	94,019	90,441	85,833	84,496	89,701	86,602	83,414	78,844	80,302	77,775	70,996	73,888
Accumulated Other Comprehensive Income/Loss Numbers are in millions	38,325	0	38,443	37,449	28,018	29,677	25,847	22,259	19,817	18,118	18,667	18,598	19,134	24,188	24,888	111,756	23,052	25,125	25,210	24,080	35,276	32,573	31,974	35,385	33,642	42,399	39,255	37,932	41,048	36,458	37,476	34,275	35,067	26,477	26,571	32,240	47,782	44,728	50,061	44,857	33,391	29,410	28,088	25,544	28,180	25,416	23,019	21,555	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Total Stockholders Equity Numbers are in millions	19,110	64,025	39,069	40,006	39,471	82,037	78,212	74,624	72,183	70,485	51,790	51,792	71,103	76,158	51,395	81,666	74,451	76,528	76,588	51,381	86,658	80,050	47,486	47,490	81,135	47,499	87,120	47,980	47,877	84,340	47,819	82,165	47,895	47,910	74,499	80,296	48,072	92,838	98,233	93,045	81,617	48,267	48,378	48,395	48,415	73,886	71,613	70,199	63,374	59,145	59,381	60,783	57,339	58,077	58,469	59,284	61,451	61,354	62,913	71,045	68,964	70,366	68,879	72,810
Total Shareholders Equity Numbers are in millions	471,713	473,105	478,716	459,253	399,413	412,472	393,378	387,385	355,378	352,849	348,868	346,862	350,827	347,883	347,912	349,877	363,457	363,264	368,284	387,133	399,821	392,169	383,997	382,382	376,149	379,684	369,894	359,978	363,280	352,016	344,388	334,260	335,608	321,505	314,721	312,847	327,124	318,652	316,742	304,530	289,419	279,913	271,856	264,227	267,760	259,429	250,035	242,493	238,326	228,137	223,025	218,814	211,717	208,877	204,661	204,139	211,511	208,315	206,686	210,248	209,625	208,500	200,234	207,057
Total Equity Numbers are in millions	472,701	474,054	479,623	460,109	400,263	413,621	394,511	388,488	357,819	355,296	351,284	349,256	353,422	350,478	350,507	352,455	366,139	365,968	371,067	390,182	403,069	399,163	390,936	389,178	383,050	386,529	376,602	366,465	368,178	356,837	349,086	338,700	340,155	325,940	319,001	317,022	331,314	322,706	320,659	308,207	293,019	283,423	275,260	267,572	271,152	262,721	253,247	245,544	241,404	231,104	225,887	221,603	214,512	211,954	207,657	207,181	214,742	211,467	209,777	213,218	212,755	211,593	203,274	210,321
Total Liabilities & Shareholders Equity Numbers are in millions	1,307,734	1,297,707	1,246,603	1,301,563	1,276,476	1,293,013	1,344,095	1,279,976	1,284,183	1,282,434	1,298,933	1,285,230	1,294,909	1,277,621	1,301,332	1,326,996	1,402,785	1,411,640	1,363,029	1,328,303	1,357,847	1,334,004	1,334,507	1,312,433	1,285,424	1,282,420	1,280,646	1,297,334	1,309,495	1,284,475	1,290,341	1,270,102	1,271,681	1,249,592	1,253,350	1,257,332	1,267,391	1,250,480	1,262,134	1,253,849	1,250,849	1,238,892	1,237,820	1,244,344	1,260,968	1,261,511	1,256,924	1,264,501	1,301,512	1,295,159	1,303,993	1,311,185	1,293,839	1,294,912	1,300,330	1,276,437	1,267,644	1,268,740	1,279,571	1,299,289	1,303,761	1,324,934	1,309,738	1,316,352

Odakyu Electric Railway Co., Ltd.

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