Central Japan Railway Premium Class Seats Announcement

Central Japan Railway announced premium 'Supreme Class' seats for Tokaido/Sanyo Shinkansen starting October 2026. The impact on FY3/27 earnings is projected to be minimal.

Key Takeaways

• 1.Central Japan Railway and JR West announced pricing and details for new 'Supreme Class' premium seats on Tokaido/Sanyo Shinkansen, launching October 1, 2026.
• 2.The impact on FY3/27 earnings is expected to be minimal, estimated at several hundred million yen.
• 3.Goldman Sachs maintains a Neutral rating with a 12-month target price of ¥4,400.

Table of Contents

• Price Target Risks and Methodology
• Disclosure Appendix

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