Industries›5 companies · latest full-year results
An industry providing financing and management for diverse assets such as real estate, aircraft, and renewable energy, centered on lease transactions to support capital investment.
The 5 leasing companies we cover had combined revenue of ¥5.7T (+11.2% year over year) and operating profit of ¥494.6B, an industry-wide operating margin of 8.6%.
Mitsubishi HC Capital leads on revenue (¥2.2T, a 38.7% share), and the top three hold 80% of industry sales. 2 grew both revenue and operating profit; 0 saw both fall.
Mitsubishi HC Capital has the highest operating margin (10.9%); average pay across the industry is ¥9.28M, highest at Mitsubishi HC Capital (¥10.3M).
Industry total
Leasing · 5 companies
YoY compares companies with prior-year figures
StockShares are +13.0% over a year, behind the all-industry average (+14.9%) — #26 of 53 industries.Details
GuidanceCompany plans for FY2027 (3 companies combined): operating profit +20.6%. Planned profit growth is above the all-industry plan (+13.0%).Details
Latest resultsYear to date through Q1, 2 companies combined: revenue −1.6%, operating profit +26.3% year over year. 1 are ahead of an even pace toward their full-year plan, 0 behind.Details
None
None
Disclosures2 TSE filings in the last 90 days (financing 1).Details
Earnings dates5 companies report within 30 days, starting with Ricoh Leasing on Nov 4 and Fuyo Lease on Nov 6.Details
| Company | Op. profit (last FY) | This year's plan | Plan change | Revision | Progress (Q1 cumulative) |
|---|---|---|---|---|---|
| ¥44.7B | ¥40.0B | −10.5% | Unchanged | 40% |
| ¥40.5B | ¥70.0B | +72.7% | - | - |
| ¥20.6B | ¥17.6B | −14.7% | Unchanged | 27% |
Plans are each company's forecast for the current year from its earnings release. Plan change compares with last year's results; revisions compare the latest forecast with the first one given for the year. Progress is cumulative operating profit ÷ the full-year plan, against an even pace of 25% after Q1, 50% after Q2 and 75% after Q3 (a rough guide for seasonal businesses).
| Change | 1M | 3M | 1Y |
|---|---|---|---|
| Leasing | −3.9% | −6.7% | +13.0% |
| All industries | −2.7% | −0.9% | +14.9% |
| vs. market | −1.2pt | −5.8pt | −2.0pt |
Rank among industries:3M #42/531Y #26/53
Industry returns are an equal-weighted (geometric) average of member companies. Prices are split-adjusted closes for reference, not real-time.
Totals for the 4 covered companies with full-year results for every year from FY2022 to FY2026. The set is fixed, so adding or removing coverage doesn't move the figures.
Average salary is the reporting entity's figure (often a holding company) from its annual securities report. Holding companies with fewer than 50 staff are excluded.
| Company | Revenue | YoY | Operating profit | Margin | Share | Average salary | Average age | Employees |
|---|---|---|---|---|---|---|---|---|
| 1 | ¥2.2T | +6.0% | ¥240.4B | 10.9% | 38.7% | ¥10.3M | 40.6 | 2,111 |
| 2 | ¥1.5T | +6.5% | ¥148.3B | 10.2% | 25.5% | ¥9.32M | 43.0 | 1,101 |
| 3 | ¥921.6B | +32.5% | ¥44.7B | 4.8% | 16.1% | ¥9.37M | 44.1 | 819 |
| 4 | ¥788.7B | +16.3% | ¥40.5B | 5.1% | 13.8% | ¥9.37M | 41.2 | 856 |
| 5 | ¥338.6B | +8.5% | ¥20.6B | 6.1% | 5.9% | ¥8.08M | 41.5 | 1,152 |
| Industry total / average | ¥5.7T | +11.2% | ¥494.6B | 8.6% | 100% | ¥9.28M | 42.1 | 6,039 |
Revenue and operating profit are from each company's latest full-year results. Green margins are at or above the industry margin. Financial institutions may not report operating profit.
