IR Message

The business environment up to the second quarter of the current fiscal year remained firm overall, with the impact of the COVID-19 disaster continuing and the need for temporary use of equipment by rental and non-contact services. On the other hand, demand related to telework has come to an end, and the global shortage of semiconductors is becoming more serious, and there are concerns that the leasing products will be tight due to the impact.

picture of Tokuharu Nakamura

Under such circumstances, the Group has accumulated operating assets, and although sales have decreased, profits have steadily increased through business development that emphasizes profitability.As a result, consolidated results for the first half of the year were ¥ 1,044.8 billion in operating assets (up ¥ 5.3 billion from the end of the previous fiscal year) *1. Due to the decrease in installment sales and the impact of securitization of lease receivables in the previous fiscal year, net sales were 153.7 billion yen (down 11.4% year-on-year). On the other hand, in terms of profits, gross profit was 20.2 billion yen (up 7.4% year-on-year), operating income was 11.5 billion yen (up 29.4% year-on-year), and ordinary income was 11.6 billion yen (up 32.7% year-on-year). Net income attributable to owners of the parent was 7.9 billion yen (up 31.2% year-on-year), maintaining an upward trend.

For 45 years since its establishment, the Group has created value mainly through the leasing and finance business.In order to continue this value creation and connect it to the future, we will work to realize a sustainable sound material-cycle society by circulating profits earned through all businesses, working with business partners, and realizing employee happiness.

*1 The balance of operating assets includes the amount of securitization of lease receivables.

November 2021
Representative Director, President and Chief Executive Officer
Tokuharu Nakamura