9021 (West Japan Railway Co) vs Nikkei 225 Comparison

9021

Nikkei 225

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

9021

Nikkei 225

Difference

1Y 3Y 5Y 10Y 15Y 20Y

9021

Nikkei 225

Add Stock

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

Nikkei 225

9021

UNP

CNR

CSX

Add Stock

1Y 3Y 5Y 10Y 15Y 20Y

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

West Japan Railway Co
Glance View

Market Cap

1.3T JPY

Industry

Road & Rail

Nestled in the intricate tapestry of Japan's transportation network is West Japan Railway Co., often referred to simply as JR West. Originating from the privatization of Japanese National Railways in 1987, JR West has blossomed into a pivotal player in Japan's railway system, servicing the expansive Kansai region, including the bustling metropolitan hubs of Osaka, Kobe, and Kyoto. Its operations span an extensive network of urban and rural areas, connecting people through both conventional lines and the iconic shinkansen, or bullet trains. The company thrives on transporting millions of passengers daily, with revenues primarily generated from railway operations, including passenger fares and freight services. The constant hum of JR West's trains is not just a testament to its logistical prowess but also a vital artery supporting the socio-economic dynamism of Western Japan. Yet, JR West’s narrative extends beyond the mere clatter of trains on tracks. The company has ventured into diverse business sectors, weaving a complex web of revenue streams. Real estate development has become an integral facet of its operations, with JR West adeptly leveraging its land assets by developing commercial properties around station vicinities. This strategic expansion into retail rentals, shopping centers, and office spaces embraces the concept of "station city" developments, where stations serve as central nodes for retail and leisure. Additional revenue channels flow from its involvement in the hospitality industry, with hotels catering to both domestic and international travelers, as well as its forays into further services like retail ventures within the station premises. Such diversification not only fortifies JR West’s financial foundations but also underscores its role as a multi-dimensional conglomerate shaping urban landscapes and lifestyles.

View West Japan Railway Co Analysis

Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

US		Union Pacific Corp NYSE:UNP	Add
CA		Canadian Pacific Railway Ltd TSX:CP	Add
CA		Canadian National Railway Co TSX:CNR	Add
US		CSX Corp NASDAQ:CSX	Add
US		Norfolk Southern Corp NYSE:NSC	Add
CN		Beijing-Shanghai High Speed Railway Co Ltd SSE:601816	Add
US	K	Kansas City Southern LSE:0JQ4	Add
HK		MTR Corp Ltd HKEX:66	Add
JP		East Japan Railway Co TSE:9020	Add
JP		Central Japan Railway Co TSE:9022	Add

US		Union Pacific Corp NYSE:UNP	Select
CA		Canadian Pacific Railway Ltd TSX:CP	Select
CA		Canadian National Railway Co TSX:CNR	Select
US		CSX Corp NASDAQ:CSX	Select
US		Norfolk Southern Corp NYSE:NSC	Select
CN		Beijing-Shanghai High Speed Railway Co Ltd SSE:601816	Select
US	K	Kansas City Southern LSE:0JQ4	Select
HK		MTR Corp Ltd HKEX:66	Select
JP		East Japan Railway Co TSE:9020	Select
JP		Central Japan Railway Co TSE:9022	Select

US		Union Pacific Corp NYSE:UNP	Add
CA		Canadian Pacific Railway Ltd TSX:CP	Add
CA		Canadian National Railway Co TSX:CNR	Add
US		CSX Corp NASDAQ:CSX	Add
US		Norfolk Southern Corp NYSE:NSC	Add
CN		Beijing-Shanghai High Speed Railway Co Ltd SSE:601816	Add
US	K	Kansas City Southern LSE:0JQ4	Add
HK		MTR Corp Ltd HKEX:66	Add
JP		East Japan Railway Co TSE:9020	Add
JP		Central Japan Railway Co TSE:9022	Add

US	G	GE Vernova LLC NYSE:GEV	Add
NL	N	Nepi Rockcastle NV JSE:NRP	Add
US		Schlumberger NV NYSE:SLB	Add
US	B	Baker Hughes Co NASDAQ:BKR	Add
ID		Amman Mineral Internasional Tbk PT IDX:AMMN	Add
US	R	Reddit Inc NYSE:RDDT	Add
CH	G	Galderma Group AG SIX:GALD	Add
US		Halliburton Co NYSE:HAL	Add
LU		Tenaris SA MIL:TEN	Add
IN		Jio Financial Services Ltd NSE:JIOFIN	Add

	Franklin Covey Co NYSE:FC	31.6 USD -10.48%
	Mohawk Industries Inc NYSE:MHK	118.14 USD -0.12%
	Ardmore Shipping Corp NYSE:ASC	13.33 USD 6.13%
	ASGN Inc NYSE:ASGN	85.435 USD -1.71%
	Skyworks Solutions Inc NASDAQ:SWKS	93 USD 0.4%
	Weatherford International PLC NASDAQ:WFRD	71.26 USD -1.21%

9021

vs

Nikkei 225

Stocks Performance
9021 vs Nikkei 225

Performance Gap
9021 vs Nikkei 225

Performance By Year
9021 vs Nikkei 225

Competitors Performance
West Japan Railway Co vs Peers

West Japan Railway Co
Glance View

Company

Help

Tools

Stocks

	Johnson & Johnson NYSE:JNJ	143.1 USD 0.58%
	Bank of America Corp NYSE:BAC	45.03 USD -2.55%
	Mastercard Inc NYSE:MA	506.6 USD -1.9%
	Salesforce Inc NYSE:CRM	316.63 USD -3.14%
	Abbvie Inc NYSE:ABBV	176.48 USD -1.13%
	Home Depot Inc NYSE:HD	391.18 USD 1.03%

	Arista Networks Inc NYSE:ANET	113.46 USD -1.77%
	Visa Inc NYSE:V	308.39 USD -1.35%
	Texas Pacific Land Corp NYSE:TPL	1 295.485 USD 1.53%
	KLA Corp NASDAQ:KLAC	682.26 USD -0.57%
	Manhattan Associates Inc NASDAQ:MANH	264.79 USD -2.83%
	Pinduoduo Inc NASDAQ:PDD	96.17 USD -4.14%

	Salesforce Inc NYSE:CRM	316.63 USD -3.14%
	ServiceNow Inc NYSE:NOW	1 023.12 USD -2.47%
	EOG Resources Inc NYSE:EOG	130.63 USD 1.69%
	Copart Inc NASDAQ:CPRT	55.68 USD -1.94%
	Applied Materials Inc NASDAQ:AMAT	171.14 USD -3.31%
	Synopsys Inc NASDAQ:SNPS	489.69 USD -2.45%

	Johnson & Johnson NYSE:JNJ	143.1 USD 0.58%
	Berkshire Hathaway Inc NYSE:BRK.A	663 480.25 USD -2.13%
	Bank of America Corp NYSE:BAC	45.03 USD -2.55%
	Mastercard Inc NYSE:MA	506.6 USD -1.9%
	UnitedHealth Group Inc NYSE:UNH	532.02 USD 1.43%
	Exxon Mobil Corp NYSE:XOM	106.25 USD -0.64%

9021 vs Nikkei 225

Stocks Performance 9021 vs Nikkei 225

Performance Gap 9021 vs Nikkei 225

Performance By Year 9021 vs Nikkei 225

Competitors Performance West Japan Railway Co vs Peers

West Japan Railway Co Glance View

Company

Help

Tools

Stocks

9021

vs

Nikkei 225

Stocks Performance
9021 vs Nikkei 225

Performance Gap
9021 vs Nikkei 225

Performance By Year
9021 vs Nikkei 225

Competitors Performance
West Japan Railway Co vs Peers

West Japan Railway Co
Glance View