Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
Translation
Summary of Consolidated Financial Results for the Three Months Ended June 30, 2025 (Based on Japanese GAAP)
August 1, 2025
Company name: RICOH LEASING COMPANY, LTD.
Stock exchange listing: Tokyo
Stock code: 8566 URL https://www.r-lease.co.jp/
Representative: President and Chief Executive Officer Tokuharu Nakamura Executive Officer and General
Inquiries: Manager of Corporate Management Division Kentaro Takita TEL 050-1702-4203
Scheduled date to commence dividend payments: -Preparation of supplementary material on financial results: Yes Holding of financial results meeting: No
(Amounts less than one million yen are rounded down)
Consolidated financial results for the three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025)
Consolidated operating results (cumulative) Percentages indicate year-on-year changes
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
Three months ended June 30, 2025
82,409
8.9
4,926
(3.4)
5,067
(3.1)
3,486
(1.1)
Three months ended June 30, 2024
75,666
(2.5)
5,101
(3.1)
5,229
(1.0)
3,526
273.2
Note：Comprehensive income for the three months ended June 30, 2025： 4,351 Millions of yen 31.8% for the three months ended June 30, 2024： 3,301 Millions of yen 3.4%
Earnings per share
Diluted earnings per share
Yen
Yen
Three months ended June 30, 2025
113.11
-
Three months ended June 30, 2024
114.40
-
Consolidated financial position
Total assets
Net assets
Equity ratio
Net assets per share
Millions of yen
Millions of yen
%
Yen
As of June 30, 2025
1,404,283
235,375
16.8
7,636.01
As of March 31, 2025
1,376,211
234,070
17.0
7,593.67
Reference： Shareholders' equity
As of June 30, 2025： 235,375 Millions of yen As of March 31, 2025： 234,070 Millions of yen
Cash dividends
Annual dividends per share
1st quarter-end
2nd quarter-end
3rd quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Year ended March 31, 2025
-
80.00
-
100.00
180.00
Year ending March 31, 2026
-
Year ending March 31, 2026 (Forecast)
90.00
-
95.00
185.00
Note：Correction to the forecast of cash dividends most recently announced： No
Forecast of consolidated financial results for the year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)
Percentages indicate year-on-year changes
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Earnings per share
Full year
Millions of yen
320,000
%
2.5
Millions of yen
19,000
%
(12.6)
Millions of yen
19,200
%
(12.8)
Millions of yen
13,200
%
(15.7)
Yen
428.23
Note：Correction to the forecast of financial results most recently announced： No
Notes
Significant changes in scope of consolidation during the three months ended June 30, 2025: No
Application of special accounting methods for preparing quarterly consolidated financial statements: No
Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements Changes in accounting policies due to revisions to accounting standards and other regulations: No Changes in accounting policies due to other reasons: No
Changes in accounting estimates: No
Restatement of prior period financial statements: No
Number of issued shares (common shares)
418,762 shares
As of March 31, 2025
418,762 shares
As of June 30, 2025
31,243,223 shares
As of March 31, 2025
31,243,223 shares
As of June 30, 2025
Total number of issued shares at the end of the period (including treasury shares) Number of treasury shares at the end of the period
Average number of shares during the period (cumulative from the beginning of the fiscal year)
30,824,567 shares
Three months ended June 30, 2024
30,824,461 shares
Three months ended June 30, 2025
Note：The Company's shares held by the trust account related to the stock compensation plan are included in the number of treasury shares at the end of the period (94,700 shares for the first quarter of the fiscal year ending March 2026, and 94,700 shares for the fiscal year ended March 2025). In addition, it is included in treasury stock to be deducted when calculating the average number of shares during the period (94,700 shares for the first quarter of the fiscal year ending March 2026, and 0 shares for the first quarter of the fiscal year ended March 2025).
Quarterly consolidated financial statements Consolidated balance sheetsAssets
Current assets
(Millions of yen)
As of March 31, 2025 As of June 30, 2025
Cash and deposits | 1,345 | 4,590 |
Notes and accounts receivable - trade | 226 | 220 |
Installment receivables | 183,519 | 179,889 |
Lease payments receivable | 21,035 | 20,372 |
Lease receivables and investments in leases | 547,643 | 556,901 |
Accounts receivable - operating loans | 276,515 | 271,180 |
Accounts receivable - other loans to customers | 8,354 | 8,925 |
Other operating assets | 9,962 | 9,491 |
Accounts receivable - lease | 10,973 | 11,116 |
Other current assets | 66,216 | 70,365 |
Allowance for doubtful accounts | (6,367) | (6,255) |
Total current assets | 1,119,425 | 1,126,798 |
Non-current assets
Property, plant and equipment
Assets for lease | 138,863 | 152,048 |
Own-used assets | 36,684 | 37,743 |
Total property, plant and equipment | 175,548 | 189,792 |
Intangible assets Assets for lease | 21 | 4,142 |
Other intangible assets | 11,366 | 11,456 |
Total intangible assets | 11,387 | 15,598 |
Investments and other assets Investment securities | 43,452 | 46,436 |
Distressed receivables | 478 | 422 |
Other | 26,388 | 25,649 |
Allowance for doubtful accounts | (469) | (414) |
Total investments and other assets | 69,850 | 72,094 |
Total non-current assets | 256,786 | 277,485 |
Total assets | 1,376,211 | 1,404,283 |
Liabilities
Current liabilities
(Millions of yen)
As of March 31, 2025 As of June 30, 2025
Notes and accounts payable - trade | 21,282 | 12,142 |
Short-term loans payable | 7,000 | 14,500 |
Current portion of bonds payable | - | 25,000 |
Current portion of long-term borrowings | 127,000 | 150,000 |
Current portion of long-term payables under securitization of lease receivables | 8,432 | 7,162 |
Commercial papers | 75,000 | 70,000 |
Income taxes payable | 5,404 | 987 |
Deferred profit on installment sales | 25,806 | 25,432 |
Provision for bonuses | 1,616 | 945 |
Provision for bonuses for directors (and other officers) | 71 | - |
Other current liabilities | 52,850 | 58,935 |
Total current liabilities | 324,462 | 365,106 |
Non-current liabilities | ||
Bonds payable | 140,000 | 135,000 |
Long-term borrowings | 661,000 | 652,800 |
Long-term payables under securitization of lease receivables | 1,151 | - |
Retirement benefit liability | 455 | 452 |
Asset retirement obligations | 1,686 | 1,734 |
Other non-current liabilities | 13,385 | 13,814 |
Total non-current liabilities | 817,678 | 803,801 |
Total liabilities | 1,142,141 | 1,168,907 |
Net assets Shareholders' equity | ||
Share capital | 7,896 | 7,896 |
Capital surplus | 10,372 | 10,418 |
Retained earnings | 212,421 | 212,815 |
Treasury shares | (1,777) | (1,777) |
Total shareholders' equity | 228,913 | 229,353 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 4,516 | 5,577 |
Deferred gains or losses on hedges | 644 | 461 |
Remeasurements of defined benefit plans | (3) | (16) |
Total accumulated other comprehensive income | 5,157 | 6,022 |
Total net assets | 234,070 | 235,375 |
Total liabilities and net assets | 1,376,211 | 1,404,283 |
(Millions of yen)
Three months ended June 30, 2024 | Three months ended June 30, 2025 | |
Net sales | 75,666 | 82,409 |
Cost of sales | 64,390 | 70,226 |
Gross profit | 11,276 | 12,182 |
Selling, general and administrative expenses | 6,175 | 7,256 |
Operating profit | 5,101 | 4,926 |
Non-operating income Interest income | 70 | 49 |
Dividend income | 205 | 247 |
Other | 7 | 12 |
Total non-operating income | 284 | 310 |
Non-operating expenses Interest expenses | 29 | 73 |
Bond issuance costs | 126 | 82 |
Other | 0 | 12 |
Total non-operating expenses | 156 | 169 |
Ordinary profit | 5,229 | 5,067 |
Profit before income taxes | 5,229 | 5,067 |
Income taxes - current | 1,892 | 915 |
Income taxes - deferred | (190) | 665 |
Total income taxes | 1,702 | 1,581 |
Profit | 3,526 | 3,486 |
Profit attributable to non-controlling interests | - | - |
Profit attributable to owners of parent | 3,526 | 3,486 |
Consolidated statements of comprehensive income (cumulative) | ||
(Millions of yen) | ||
Three months ended June 30, 2024 | Three months ended June 30, 2025 | |
Profit | 3,526 | 3,486 |
Other comprehensive income Valuation difference on available-for-sale securities | (333) | 1,060 |
Deferred gains or losses on hedges | 119 | (182) |
Remeasurements of defined benefit plans, net of tax | (10) | (12) |
Total other comprehensive income | (224) | 865 |
Comprehensive income | 3,301 | 4,351 |
Comprehensive income attributable to Comprehensive income attributable to owners of parent | 3,301 | 4,351 |
Comprehensive income attributable to non-controlling
- -
interests