Fuyo General Lease Co., Ltd. TSE:8424
Fuyo General Lease : Summary of Financial Results for FY2024
Source: MarketScreener
FUYO GENERAL LEASE CO.,LTD Securities code 8424
May 9,2025
１．Overview of Consolidated operating results and business activities ２．Earnings forecast and dividend forecast ３．Appendix P3 P9 P12
本資料における計数・表記の定義
Definitions of figures and terms used in this document
Profit before interest expenses
： Gross profit before deducting interest expenses
Profit ： Profit attributable to owners of parent
ROA ：
Ordinary profit（annualized）/ Operating assets
（average balance）
Earnings forecasts and other forward-looking statements provided in this material are based on the information currently available to the Company and are subject to risks and uncertainties. Actual results may differ materially from the forecasts presented herein.
Overview of consolidated operating results and business activities1 FY2024 results
Record-high ordinary profit for the eighth consecutive period.
Achieved continuous profit growth as a result of growth in profit before interest expenses following expansion of business areas. This offsets the increased costs such as interest expenses and SG&A expenses, as well as the absence of a special factors recorded in the previous fiscal year (gain on large sale of real estate).
Profit also reached the initial forecast (¥45.0 billion).
%
Achievement
FY2024
forecast
Profit before interest | 1,286 | 1,498 | +213 | +16.6% | ー | ー | |
Gross profit | 1,096 | 1,196 | +101 | +9.2% | ー | ー | |
Operating profit | 600 | 648 | +47 | +7.9% | 600 | 107.9% | |
Ordinary profit | 684 | 690 | +7 | +1.0% | 660 | 104.6% | |
Profit | 472 | 453 | -19 | -4.1% | 450 | 100.6% |
（¥100 million）
FY2023
results
FY2024
results
YoY change
（amount）
YoY change
（％）
expenses
（￥）
Basic earnings per share＊1 | 523.81 | 501.66 | -22.15 | -4.2% |
ROE | 11.8% | 10.0％ | -1.8pt | ー |
498.9 100.6%
ROA 2.4% | 2.3％ | -0.1pt ー |
Newly executed contract volume | 17,428 | 18,440 | +1,011 | +5.8% |
Operating assets | 28,774 | 30,721 | +1,947 | +6.8% |
＊1 Figures have been revised retrospectively to reflect the stock split.
Growth in businesses positioned as growth drivers resulted in continued growth in profit before interest expenses.
Aircraft and mobility & logistics made a significant contribution in leases.
２ Profit before interest expenses
Ordinary profit renewed a record high. Profit decreased due to an increase in tax expenses, but reached the forecast level.
ROE maintained the 10% level despite declining due to
progress in shareholders' equity accumulation.
３ Ordinary profit , profit and ROE
Profit before interest expenses
（￥100million）
Ordinary profit , profit and ROE （￥100million）
1,498
10.2%
10.6% 11.1%
11.8%
10.0%
1,286
249
1,083
257
925
184
982
197
378
226
275
11
12
201
18
212
15
250
12
742
859
522
559
594
684 690
FY2020 FY2021 FY2022 FY2023 FY2024
%
597
480
527
472
453
389
296
339
FY2020 FY2021 FY2022 FY2023 FY2024