Ricoh Leasing Company (8566) investor relations material

Executive summary

• Net sales for the nine months ended December 31, 2025, rose 10.5% year-over-year to ¥254.3 billion, driven by expansion of operating assets and higher asset yields.

• Gross profit increased to ¥37.8 billion, but operating profit fell 4.0% to ¥16.4 billion and ordinary profit declined 3.8% to ¥16.7 billion due to higher selling, general, and administrative expenses.

• Profit attributable to owners of parent dropped 18.4% year-over-year to ¥10.1 billion; comprehensive income was ¥11.9 billion, down 14.3%.

• Results exceeded internal plans and remain on track for the full-year forecast, which is unchanged.

Financial highlights

• Net sales rose 10.5% year-over-year to ¥254.3 billion; gross profit up 4.7% to ¥37.8 billion.

• Operating profit fell 4.0% to ¥16.4 billion; ordinary profit down 3.8% to ¥16.7 billion.

• Net income dropped 18.4% year-over-year to ¥10.1 billion; earnings per share for the period were ¥328.40, down from ¥402.43.

• ROA at 0.95% and ROE at 5.7%, both lower than the previous year.

• Dividend per share at ¥185; year-end dividend forecast at ¥95.00 per share.

Outlook and guidance

• Full-year income forecast for fiscal year ending March 2026 remains unchanged from the initial forecast.

• Full-year net sales forecast at ¥320,000 million, up 2.5% year-over-year; operating profit forecast at ¥19,000 million, down 12.6% year-over-year.

• Ordinary profit forecast at ¥19,200 million, down 12.8% year-over-year; profit attributable to owners of parent forecast at ¥13,200 million, down 15.7% year-over-year.

• Full-year earnings per share forecast at ¥428.23.

• Progress ratios for profit lines exceed 75% of full-year targets, indicating steady performance.