Worth reading
75Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
53
Year-on-year change in net income attributable to owners of the parent (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationFirst quarter of the fiscal year ending December 202611 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales13,755 Millions of yen+24.8%
Operating profit9,270 Millions of yen+32.9%
Ordinary income8,688 Millions of yen+46.5%
Net income6,167 Millions of yen+53.0%
Gross Profit Margin85.9%
Selling, general and administrative expenses2,538 Millions of yen
Results for the three months of the current quarterNet sales: ¥13,755 million; operating income: ¥9,270 million; ordinary income: ¥8,688 million; net income attributable to owners of the parent: ¥6,167 million; sales of investment interests in products: ¥63,947 million
Full-year earnings forecast
Net Sales
48,960 Millions of yen
Operating profit
23,580 Millions of yen
Ordinary income
19,670 Millions of yen
Profit attributable to owners of the parent
13,000 Millions of yen
Sales of investment interests in products
180,000 Millions of 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。
Net Sales28.1%
Operating profit39.3%
Ordinary income44.2%
Profit attributable to owners of the parent47.4%
Sales of investment interests in products35.5%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress toward the plan is strong for profit at every levelBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Revenue increase+¥2,730 million
- Decrease in cost of sales-¥14 million
- Increase in gross profit+¥2,745 million
- Increase in SG&A expenses+¥452 million (including +¥369 million in personnel expenses and +¥65 million in taxes and dues)
- Foreign Exchange Gains¥238 million (a ¥448 million foreign exchange loss in the previous year)
- Equity-Method Investment Losses¥400 million (a ¥174 million loss in the previous year)
New initiatives
- Sales of JOL projects involving aircraft engines (2 projects)
- Entry into the publicly offered investment trust business for individuals
- New investments in 3 companies through the private equity investment business
- Development of an operating structure and differentiation strategy for real estate solution services
- Development of a woody biomass power generation business model with Tokyo University of Agriculture and Technology
Key KPIsA metric the company considers important as a management benchmark.
- Sales of investment interests in products63,947 Millions of yenYear on year against the same period last year+66.4%
- Deal structuring volume102,334 Millions of yenYear on year against the same period last year+¥23,039 million
- Outstanding investment interests in products100,357 Millions of yenYear on year against the same period last year▲¥6,216 million
- Business-matching contract partners935 Engagements
- Sales share excluding aircraft29.2 %
Segment results
Operating Lease Business
Net Sales¥12,878 million
Year on year against the same period last year+27.5%
Real Estate Business
Net Sales¥39 million
Year on year against the same period last year▲42.2%
Environmental Energy Business
Net Sales¥30 million
Year on year against the same period last year▲27.5%
Private equity investment business
Net Sales¥105 million
Year on year against the same period last year▲67.1%
Other businesses
Net Sales¥700 million
Year on year against the same period last year+43.1%
Medium-term management plan targets
Net Sales¥69,400 million (initial medium-term plan)
Net income for the current fiscal year¥25,000 million (initial medium-term plan)
ROE25% or higher
Payout ratioTargeting 50% or higher
2026 outlookNet sales: ¥48,960 million; net income: ¥13,000 million; ROE: 16.9%; payout ratio: 50.3%
Financial targets
ROE
Target25% or higher
Actual and forecast16.9%
Equity ratio
Actual results30.8% at the end of the first quarter of 2026
Market Size / Share
Japan-style operating lease market: ¥1,094.0 billion forecast for 2026
Share29.2% sales share excluding aircraft
Number of employees
Number of EmployeesStandalone: 233; consolidated: 349
Annual Dividend
Annual dividend per share¥108 per share
Interim and Year-End BreakdownInterim: ¥54; year-end: ¥54
Payout ratio
50.3% (2026 forecast)| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | 13,755 Millions of yen (YoY +24.8%) |
| Operating profit | 9,270 Millions of yen (YoY +32.9%) |
| Ordinary income | 8,688 Millions of yen (YoY +46.5%) |
| Net income | 6,167 Millions of yen (YoY +53.0%) |
| Gross Profit Margin | 85.9% |
| Selling, general and administrative expenses | 2,538 Millions of yen |
| Results for the three months of the current quarter | Net sales: ¥13,755 million; operating income: ¥9,270 million; ordinary income: ¥8,688 million; net income attributable to owners of the parent: ¥6,167 million; sales of investment interests in products: ¥63,947 million |
| Full-year earnings forecast | Net Sales 48,960 Millions of yen / Operating profit 23,580 Millions of yen / Ordinary income 19,670 Millions of yen / Profit attributable to owners of the parent 13,000 Millions of yen / Sales of investment interests in products 180,000 Millions of yen |
| Progress against full-year forecast | Net Sales 28.1% / Operating profit 39.3% / Ordinary income 44.2% / Profit attributable to owners of the parent 47.4% / Sales of investment interests in products 35.5% |
| Self-assessment against the plan | Progress toward the plan is strong for profit at every level |
| Segment results | Operating Lease Business Net Sales ¥12,878 million / Year on year against the same period last year +27.5% / Real Estate Business Net Sales ¥39 million / Year on year against the same period last year ▲42.2% / Environmental Energy Business Net Sales ¥30 million / Year on year against the same period last year ▲27.5% / Private equity investment business Net Sales ¥105 million / Year on year against the same period last year ▲67.1% / Other businesses Net Sales ¥700 million / Year on year against the same period last year +43.1% |
| Breakdown of Factors Affecting the Change | Factors Revenue increase / Amount +¥2,730 million, Factors Decrease in cost of sales / Amount -¥14 million, Factors Increase in gross profit / Amount +¥2,745 million, Factors Increase in SG&A expenses / Amount +¥452 million (including +¥369 million in personnel expenses and +¥65 million in taxes and dues), Factors Foreign Exchange Gains / Amount ¥238 million (a ¥448 million foreign exchange loss in the previous year), Factors Equity-Method Investment Losses / Amount ¥400 million (a ¥174 million loss in the previous year) |
| Key KPIs | Indicator name Sales of investment interests in products / Value 63,947 Millions of yen / Year on year against the same period last year +66.4%, Indicator name Deal structuring volume / Value 102,334 Millions of yen / Year on year against the same period last year +¥23,039 million, Indicator name Outstanding investment interests in products / Value 100,357 Millions of yen / Year on year against the same period last year ▲¥6,216 million, Indicator name Business-matching contract partners / Value 935 Engagements / Year on year against the same period last year Not disclosed, Indicator name Sales share excluding aircraft / Value 29.2 % / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees Standalone: 233; consolidated: 349 / Changes during the period and hiring plan Not disclosed |
| Medium-term management plan targets | Net Sales ¥69,400 million (initial medium-term plan) / Net income for the current fiscal year ¥25,000 million (initial medium-term plan) / ROE 25% or higher / Payout ratio Targeting 50% or higher / 2026 outlook Net sales: ¥48,960 million; net income: ¥13,000 million; ROE: 16.9%; payout ratio: 50.3% |
| Financial targets | ROE Target 25% or higher / Actual and forecast 16.9% / Equity ratio Actual results 30.8% at the end of the first quarter of 2026 |
| Annual Dividend | Annual dividend per share ¥108 per share / Interim and Year-End Breakdown Interim: ¥54; year-end: ¥54 |
| Payout ratio | 50.3% (2026 forecast) |
| Market Size / Share | Market Size Japan-style operating lease market: ¥1,094.0 billion forecast for 2026 / Share 29.2% sales share excluding aircraft |
| New initiatives | Sales of JOL projects involving aircraft engines (2 projects), Entry into the publicly offered investment trust business for individuals, New investments in 3 companies through the private equity investment business, Development of an operating structure and differentiation strategy for real estate solution services, Development of a woody biomass power generation business model with Tokyo University of Agriculture and Technology |
Items this document does not state (9)
Operating profit marginUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey 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 company cited steady sales of investment interests in operating lease products and deal structuring, strengthened sales capabilities, strong investor demand, and hedging of foreign exchange risk through forward exchange contracts.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.