Ricoh Leasing Company (8566) Q3 2025 earnings summary

Executive summary

• Net income for the cumulative third quarter reached a record high, driven by extraordinary income from the sale of cross-shareholdings and strong investment business performance.

• Net sales for the nine months ended December 31, 2024, were ¥230,063 million, down 2.1% year-over-year.

• Operating profit increased slightly year-over-year to ¥17,132 million, with gross profit up due to higher asset yields and investment business growth.

• Profit attributable to owners of parent surged 49.9% year-over-year to ¥12,404 million.

• Comprehensive income increased 29.2% year-over-year to ¥13,934 million.

Financial highlights

• Gross profit increased to ¥36,144 million from ¥34,520 million year-over-year.

• Earnings per share for the period were ¥402.43, up from ¥268.39 year-over-year.

• Dividend per share forecasted at ¥175, marking a double-digit increase and 30 consecutive years of dividend growth.

• Net assets rose to ¥231,133 million as of December 31, 2024, from ¥221,936 million as of March 31, 2024.

• Equity ratio stood at 17.0% as of December 31, 2024.

Outlook and guidance

• Full-year net sales forecast at ¥315,000 million, up 2.2% year-over-year; net income forecast at ¥14,700 million, up 30.3%.

• Operating profit projected at ¥21,100 million, up 0.4% year-over-year.

• Full-year earnings per share forecast at ¥476.89.

• Annual dividend forecast raised to ¥175.00 per share.

• Operating assets projected to increase by ¥75,000 million, mainly in loans and investment business.