VISTA Commences Sponsored Research Coverage for Nishi-Nippon Railroad Co., Ltd.

VISTA Inc. (hereinafter 'VISTA'), a member of the Avant Group that provides IR consulting services tailored to a company's positioning in the stock market, announces the commencement of sponsored research coverage for Nishi-Nippon Railroad Co., Ltd. (hereinafter 'Nishi-Nippon Railroad'). The inaugural coverage report is available today on 'VISTA Square'.

Message from VISTA CEO

Andrew Phillips, Representative Director and CEO of VISTA, commented on the commencement of coverage:

'Since its founding in 1908, Nishi-Nippon Railroad has been a comprehensive infrastructure company supporting the development of Fukuoka and Kyushu. While rooted in transportation (railway/bus), the company operates a diverse portfolio including real estate, international logistics, hotels, and retail, offering a multifaceted growth story.

In the fiscal year ended March 2026, performance was driven by the expansion of the real estate business following the April 2025 opening of the "ONE FUKUOKA BLDG." and increased handling volume in the international logistics business. Operating revenue increased by 6.9% year-on-year, operating profit rose 13.3%, and net income grew by 54.5%. Notably, operating profit in the logistics business jumped 58.0%, demonstrating how the diversified business portfolio is crystallizing into profitability with transportation infrastructure at its core.

Through VISTA Square, we will analyze and share Nishi-Nippon Railroad's enterprise value from an investor's perspective, based on these performance trends and medium-to-long-term growth strategies, to contribute to ongoing dialogue between the company and its investors.'

About VISTA Square

VISTA Square is an IR platform that supports continuous engagement between listed companies and investors, starting with sponsored research reports. It integrates high-quality reports featuring earnings forecasts from analysts with institutional investor backgrounds, with tools to track investor interest in real-time and facilitate two-way communication to elevate IR activities.

VISTA Square: https://www.vista-square.com

VISTA launched its sponsored research service on May 13, 2026, and this coverage marks a significant milestone.

【About VISTA Inc.】

Company Name: VISTA Inc. Establishment: October 11, 2024 Representative: Andrew Phillips, Representative Director URL: https://vista.avantgroup.com/