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Earnings presentation materials7148Financial Partners Group Co.,Ltd.Financials (excluding banks)

Financial Results Presentation for the Fiscal Year Ending September 2026

For the fiscal year ended September 2026, revenue declined substantially as the domestic and overseas real estate fund businesses contracted, while gross profit was broadly in line with the previous year due to growth in the lease fund business. Operating profit, ordinary profit and net income declined slightly. For the fiscal year ending September 2027, the company expects lower revenue and profit, while planning treasury share purchases and an annual dividend of ¥89.60.

Worth reading
65In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-479.5
¥ hundred million (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentation materialsFiscal year ended September 2026 (October 2025 to September 2026)10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥818.1 hundred million-37.0%
Operating profit¥247.3 hundred million-2.7%
Ordinary income¥247.3 hundred million-6.6%
Net income¥169.5 100 million -6.6%net income attributable to owners of the parent
Selling, general and administrative expenses¥112.9 hundred million
Results for the three months of the current quarter
Lease fund business
Sales amount
¥450 hundred million
Amount Structured
¥2,065 hundred million
Domestic real estate fund business
Sales amount
¥237 hundred million
Amount Structured
¥439 hundred million
Full-year earnings forecast
Fiscal year ending September 2027
Net Sales
¥673.4 hundred million
Gross profit
¥341.5 hundred million
Operating profit
¥221.4 hundred million
Ordinary income
¥221.4 hundred million
Profit attributable to owners of the parent
¥150 hundred million
Annual dividend
89.6 Yen
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Consolidated
Net Sales98.7 % achievement rate versus revised full-year forecast
Gross profit105 % achievement rate versus revised full-year forecast
Operating profit106.8 % achievement rate versus revised full-year forecast
Ordinary income108.2 % achievement rate versus revised full-year forecast
Net income109.3 % achievement rate versus revised full-year forecast
By business
Lease fund business
Net Sales109.5
Gross profit110.6
Domestic real estate fund business
Net Sales94.7
Gross profit100
Overseas real estate fund business
Net Sales5.1
Gross profit5.5
Other Businesses
Net Sales138.1
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The lease fund business significantly exceeded the revised forecast. The domestic real estate fund business fell short of the revenue target but achieved the revised gross profit forecast. The overseas real estate fund business fell substantially short of the forecast.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Conversion Exchange Rate
¥157.5 /US$
NotesReference conversion value
New initiatives
  • Share Repurchase
  • Winning orders for and selling large-scale aircraft lease fund projects for major overseas airlines
  • New origination of a multifamily housing project in the Atlanta metropolitan area of the United States
  • Launch of trading in old violins
  • Securitization into STs of beneficial interest issuance trusts, acceptance into designated accounts, and expansion of investment targets at FPG Securities
  • Trustee acceptance of new assets following aircraft and real estate
Key KPIsA metric the company considers important as a management benchmark.
  • Lease fund business sales¥2,283 hundred million
  • Lease fund business originations¥5,738 hundred million
    Year on year against the same period last yearReached a record high
  • Lease fund business inventory at fiscal year-end¥662 hundred million
  • Domestic real estate fund business sales¥473 hundred million
  • Domestic real estate fund business originations¥751 hundred million
  • Domestic real estate fund business inventory at fiscal year-end¥386 hundred million
  • FPG Amentum aircraft asset balance41 US$100 million
    Year on year against the same period last year2.1 times FY2024
  • FPG Securities F.bit total offering amount¥78 hundred million
  • Number of FPG Securities accounts3,000 Accounts
Segment results
Lease fund business
Net Sales
¥312.1 hundred million+4.6%
Gross profit
¥272.3 hundred million+17.7%
Domestic real estate fund business
Net Sales
¥498 hundred million-48.1%
Gross profit
¥88.3 hundred million-12.4%
Overseas real estate fund business
Net Sales
¥0.6 hundred million-98.2%
Gross profit
¥0.6 hundred million-98.0%
Other Businesses
Net Sales
¥7.2 hundred million+73.8%
Gross profit
¥-1 hundred million
Market Size / Share
FPG Securities Sales Target
¥150 billion/year
ST Market Share Target
10 %
Orders received and order backlog
Large-Scale Lease Fund Projects
Order value
600 over ¥100 million
Total Project Value
1,500 over ¥100 million
Number of Aircraft Covered
25 satellites
Annual Dividend
Fiscal year ending September 2026
Annual
¥101.25 /share
Interim
¥46.35 /share
End of period
¥54.9 /share
Fiscal year ending September 2027
Annual
¥89.6 /share
Interim
¥44.8 /share
End of period
¥44.8 /share
Payout ratio
50 % approximate
Total payout ratio
63.3 % assumption including treasury share purchases
Acquisition of treasury shares
Maximum number of shares to be acquired
120 10,000 shares
Maximum purchase price
¥20 hundred million
Acquisition period1 November 2026 to 30 April 2027
Contents of this document
ItemDetails
Document typeEarnings presentation materials
Fiscal Period CoveredFiscal year ended September 2026 (October 2025 to September 2026)
Net Sales¥818.1 hundred million (YoY -37.0%)
Operating profit¥247.3 hundred million (YoY -2.7%)
Ordinary income¥247.3 hundred million (YoY -6.6%)
Net income¥169.5 100 million (net income attributable to owners of the parent) (YoY -6.6%)
Selling, general and administrative expenses¥112.9 hundred million
Results for the three months of the current quarterLease fund business Sales amount ¥450 hundred million / Amount Structured ¥2,065 hundred million / Domestic real estate fund business Sales amount ¥237 hundred million / Amount Structured ¥439 hundred million
Full-year earnings forecastFiscal year ending September 2027 Net Sales ¥673.4 hundred million / Gross profit ¥341.5 hundred million / Operating profit ¥221.4 hundred million / Ordinary income ¥221.4 hundred million / Profit attributable to owners of the parent ¥150 hundred million / Annual dividend 89.6 Yen
Progress against full-year forecastConsolidated Net Sales 98.7 % (achievement rate versus revised full-year forecast) / Gross profit 105 % (achievement rate versus revised full-year forecast) / Operating profit 106.8 % (achievement rate versus revised full-year forecast) / Ordinary income 108.2 % (achievement rate versus revised full-year forecast) / Net income 109.3 % (achievement rate versus revised full-year forecast) / By business Lease fund business Net Sales 109.5 / Gross profit 110.6 / Domestic real estate fund business Net Sales 94.7 / Gross profit 100 / Overseas real estate fund business Net Sales 5.1 / Gross profit 5.5 / Other Businesses Net Sales 138.1
Self-assessment against the planThe lease fund business significantly exceeded the revised forecast. The domestic real estate fund business fell short of the revenue target but achieved the revised gross profit forecast. The overseas real estate fund business fell substantially short of the forecast.
Segment resultsLease fund business Net Sales ¥312.1 hundred million (YoY +4.6%) / Gross profit ¥272.3 hundred million (YoY +17.7%) / Domestic real estate fund business Net Sales ¥498 hundred million (YoY -48.1%) / Gross profit ¥88.3 hundred million (YoY -12.4%) / Overseas real estate fund business Net Sales ¥0.6 hundred million (YoY -98.2%) / Gross profit ¥0.6 hundred million (YoY -98.0%) / Other Businesses Net Sales ¥7.2 hundred million (YoY +73.8%) / Gross profit ¥-1 hundred million
Key KPIsIndicator name Lease fund business sales / Value ¥2,283 hundred million / Year on year against the same period last year Not disclosed, Indicator name Lease fund business originations / Value ¥5,738 hundred million / Year on year against the same period last year Reached a record high, Indicator name Lease fund business inventory at fiscal year-end / Value ¥662 hundred million / Year on year against the same period last year Not disclosed, Indicator name Domestic real estate fund business sales / Value ¥473 hundred million / Year on year against the same period last year Not disclosed, Indicator name Domestic real estate fund business originations / Value ¥751 hundred million / Year on year against the same period last year Not disclosed, Indicator name Domestic real estate fund business inventory at fiscal year-end / Value ¥386 hundred million / Year on year against the same period last year Not disclosed, Indicator name FPG Amentum aircraft asset balance / Value 41 US$100 million / Year on year against the same period last year 2.1 times FY2024, Indicator name FPG Securities F.bit total offering amount / Value ¥78 hundred million / Year on year against the same period last year Not disclosed, Indicator name Number of FPG Securities accounts / Value 3,000 Accounts / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business OutlookConversion Exchange Rate ¥157.5 /US$
Annual DividendFiscal year ending September 2026 Annual ¥101.25 /share / Interim ¥46.35 /share / End of period ¥54.9 /share / Fiscal year ending September 2027 Annual ¥89.6 /share / Interim ¥44.8 /share / End of period ¥44.8 /share
Payout ratio50 % (approximate)
Acquisition of treasury sharesMaximum number of shares to be acquired 120 10,000 shares / Maximum purchase price ¥20 hundred million / Acquisition period 1 November 2026 to 30 April 2027
Orders received and order backlogLarge-Scale Lease Fund Projects Order value 600 over ¥100 million / Total Project Value 1,500 over ¥100 million / Number of Aircraft Covered 25 satellites
Market Size / ShareFPG Securities Sales Target ¥150 billion/year / ST Market Share Target 10 %
New initiativesShare Repurchase, Winning orders for and selling large-scale aircraft lease fund projects for major overseas airlines, New origination of a multifamily housing project in the Atlanta metropolitan area of the United States, Launch of trading in old violins, Securitization into STs of beneficial interest issuance trusts, acceptance into designated accounts, and expansion of investment targets at FPG Securities, Trustee acceptance of new assets following aircraft and real estate
Items this document does not state (11)
Gross Profit MarginOperating profit marginBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsCapital expendituresKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The domestic real estate fund business contracted and revenue declined due to the impact of tax reform effective from January 2027. The lease fund business offset the decline in the domestic real estate fund business through strong investor demand, active origination and sales, and strong performance by FPG Amentum. The overseas real estate fund business contracted due to lower origination and sales.

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Financial Results Presentation for the Fiscal Year Ending September 2026 | Financial Partners Group Co.,Ltd. (7148) timely disclosure | Komori