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Financial Results Presentation8424Fuyo General Lease Co.,Ltd.Financials (excluding banks)

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, higher net revenue absorbed the increase in costs, and operating income, ordinary income, and net income exceeded the year-earlier period. Each profit measure reached a record high for a first quarter, while contract execution volume and operating assets outstanding declined.

Worth reading
71In focus
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
45
¥100 million (year-on-year increase in operating profit)
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Financial Results PresentationFirst quarter of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,012 million+16.6%
Operating profit¥197 million+29.3%
Ordinary income¥207 million+11.2%
Net income¥140 million+5.5%
Selling, general and administrative expenses¥167 million
Results for the three months of the current quarter
Net profit
¥480 million
Gross profit
¥365 million
Operating profit
¥197 million
Ordinary income
¥207 million
Quarterly net income
¥140 million
Full-year earnings forecast
Operating profit
¥700 million
Ordinary income
¥750 million
Profit attributable to owners of the parent
¥480 million
Earnings per share
¥532.14
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Off to a good start / funding costs are within the planned range
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Net profit+¥9.5 billion
  • Personnel and property expensesDown ¥1.8 billion
  • Funding costs-¥2.9 billion
  • Credit-related gains and losses−¥0.5 billion
  • Non-Operating Income and ExpensesNegative ¥2.2 billion
New initiatives
  • Formation of a joint business and execution of a share acquisition agreement with Sumitomo Mitsui Trust Panasonic Finance Co., Ltd.
Key KPIsA metric the company considers important as a management benchmark.
  • ROA2.6 %
    Year on year against the same period last year+0.2 percentage points
  • Contract execution volume¥4,490 million
    Year on year against the same period last year-10.1%
  • Balance of operating assets¥32,088 million
    Year on year against the same period last year-1.4%
  • Quarterly earnings per share¥155.45
    Year on year against the same period last year+5.5%
  • Long-term funding ratio70.9 %
  • Funding yield1.7 %
Segment results
Leasing and installment sales total
Net Sales
¥1,701 million+15.3%
Net profit
¥270 million+20.8%
Gross profit
¥220 million+19.9%
Finance
Net Sales
¥157 million+51.6%
Net profit
¥151 million+53.7%
Gross profit
¥88 million+62.8%
Other
Net Sales
¥154 million+5.1%
Net profit
¥59 million-6.1%
Gross profit
¥57 million-6.6%
Total
Net Sales
¥2,012 million+16.6%
Net profit
¥480 million+24.9%
Gross profit
¥365 million+22.2%
Medium-term management plan targets
The document states that this is the final year of the medium-term management plan and that progress toward achieving its targets is on track, but the target values are not disclosed
Annual Dividend
Annual dividend per share¥172
Payout ratio
32.3 %
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥2,012 million (YoY +16.6%)
Operating profit¥197 million (YoY +29.3%)
Ordinary income¥207 million (YoY +11.2%)
Net income¥140 million (YoY +5.5%)
Selling, general and administrative expenses¥167 million
Results for the three months of the current quarterNet profit ¥480 million / Gross profit ¥365 million / Operating profit ¥197 million / Ordinary income ¥207 million / Quarterly net income ¥140 million
Full-year earnings forecastOperating profit ¥700 million / Ordinary income ¥750 million / Profit attributable to owners of the parent ¥480 million / Earnings per share ¥532.14
Self-assessment against the planOff to a good start / funding costs are within the planned range
Segment resultsLeasing and installment sales total Net Sales ¥1,701 million (YoY +15.3%) / Net profit ¥270 million (YoY +20.8%) / Gross profit ¥220 million (YoY +19.9%) / Finance Net Sales ¥157 million (YoY +51.6%) / Net profit ¥151 million (YoY +53.7%) / Gross profit ¥88 million (YoY +62.8%) / Other Net Sales ¥154 million (YoY +5.1%) / Net profit ¥59 million (YoY -6.1%) / Gross profit ¥57 million (YoY -6.6%) / Total Net Sales ¥2,012 million (YoY +16.6%) / Net profit ¥480 million (YoY +24.9%) / Gross profit ¥365 million (YoY +22.2%)
Breakdown of Factors Affecting the ChangeFactors Net profit / Amount +¥9.5 billion, Factors Personnel and property expenses / Amount Down ¥1.8 billion, Factors Funding costs / Amount -¥2.9 billion, Factors Credit-related gains and losses / Amount −¥0.5 billion, Factors Non-Operating Income and Expenses / Amount Negative ¥2.2 billion
Key KPIsIndicator name ROA / Value 2.6 % / Year on year against the same period last year +0.2 percentage points, Indicator name Contract execution volume / Value ¥4,490 million / Year on year against the same period last year ¥-10.1 million, Indicator name Balance of operating assets / Value ¥32,088 million / Year on year against the same period last year ¥-1.4 million, Indicator name Quarterly earnings per share / Value ¥155.45 / Year on year against the same period last year ¥5.5, Indicator name Long-term funding ratio / Value 70.9 % / Year on year against the same period last year Not disclosed, Indicator name Funding yield / Value 1.7 % / Year on year against the same period last year Not disclosed
Medium-term management plan targetsThe document states that this is the final year of the medium-term management plan and that progress toward achieving its targets is on track, but the target values are not disclosed
Annual DividendAnnual dividend per share ¥172 / Interim and Year-End Breakdown Not disclosed
Payout ratio32.3 %
New initiativesFormation of a joint business and execution of a share acquisition agreement with Sumitomo Mitsui Trust Panasonic Finance Co., Ltd.
Items this document does not state (14)
Gross Profit MarginOperating profit marginProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.

Net revenue increased due to growth in real estate and mobility/logistics, as well as revenue recognized in the finance business. Funding costs rose as domestic funding rates increased, while non-operating income and expenses declined due to the absence of equity-method investment gains and losses recorded in the previous fiscal year.

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.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 | Fuyo General Lease Co.,Ltd. (8424) timely disclosure | Komori