What does the maglev test-ride expansion include?

JR Central plans a record 960 blocks, or 1,920 seats, at the Yamanashi Test Center in 2026. The plan includes family-focused sessions and possible rides on the L0-series M10 set. This supports ongoing testing for the Linear Chuo Shinkansen and shows strong public interest that can support long-term demand.

How is Central Japan Railway stock trading today?

The stock last traded at ¥4,378, down 0.5% within a day range of ¥4,341 to ¥4,397. RSI is 54.03, ADX is 16.69, and ATR is 85.33. The price is above the 50-day average of ¥4,217.9 and the 200-day average of ¥3,616.91, showing a constructive setup.

Is the valuation attractive right now?

At 8.25x EPS of 533.72 and 0.88x book value per share of ¥5,059.58, the valuation looks reasonable for a quality rail operator. Dividend per share is ¥31, or a 0.70% yield. ROE is 11.19%, and interest coverage is 10.05, indicating solid financial strength.

What upcoming catalysts should investors watch?

Key items are M10 test train ride confirmations, additional maglev test-ride lotteries, and the next earnings report on 2026-02-02. Any updates on the Linear Chuo Shinkansen schedule or community agreements could affect sentiment. Technicals also matter, with ¥4,535 as an important resistance level to monitor.

Global Market Insights

9022.T Stock Today: Maglev Test Rides Expand to Record — December 28

ByHuzaifa Zahoor December 28, 2025December 28, 2025

Central Japan Railway stock is on watch today after JR Central said it will expand superconducting maglev test rides to a record scale for 2026. Central Japan Railway stock (9022.T) last traded at ¥4,378, down 0.5% on light volume versus its average. The move follows plans for larger events at the Yamanashi Test Center tied to the Linear Chuo Shinkansen. With RSI near neutral and price above the 50-day average, investors are weighing fresh demand signals from the maglev program.