Reported Earnings • May 09
Full year 2026 earnings released: EPS: JP¥416 (vs JP¥508 in FY 2025) Full year 2026 results: EPS: JP¥416 (down from JP¥508 in FY 2025). Revenue: JP¥338.6b (up 8.5% from FY 2025). Net income: JP¥12.8b (down 18% from FY 2025). Profit margin: 3.8% (down from 5.0% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 08
Ricoh Leasing Company, Ltd., Annual General Meeting, Jun 29, 2026 Ricoh Leasing Company, Ltd., Annual General Meeting, Jun 29, 2026. Announcement • Apr 02
Ricoh Leasing Company, Ltd. to Report Fiscal Year 2026 Results on May 08, 2026 Ricoh Leasing Company, Ltd. announced that they will report fiscal year 2026 results at 2:00 PM, Tokyo Standard Time on May 08, 2026 Announcement • Mar 26
Ricoh Leasing Company, Ltd. Announces Board and Committee Retirements Ricoh Leasing Company, Ltd. announced retirement of Hirozumi Sano as Director, Mari Ebisui and Atsumi Harasawa as Outside Directors (Independent), Atsumi Harasawa, Takahiro Irisa, Hiroya Uchimura as Outside Director and Tokio Kawashima as Outside Director (Audit & Supervisory Committee Members and Independent). Upcoming Dividend • Mar 23
Upcoming dividend of JP¥95.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 24 June 2026. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.3%). Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥125 (vs JP¥134 in 3Q 2025) Third quarter 2026 results: EPS: JP¥125 (down from JP¥134 in 3Q 2025). Revenue: JP¥83.4b (up 9.3% from 3Q 2025). Net income: JP¥3.87b (down 6.4% from 3Q 2025). Profit margin: 4.6% (down from 5.4% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 02
First half dividend of JP¥95.00 announced Shareholders will receive a dividend of JP¥95.00. Ex-date: 30th March 2026 Payment date: 24th June 2026 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 29
Ricoh Leasing Company, Ltd. to Report Q3, 2026 Results on Feb 06, 2026 Ricoh Leasing Company, Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥89.90 (vs JP¥154 in 2Q 2025) Second quarter 2026 results: EPS: JP¥89.90 (down from JP¥154 in 2Q 2025). Revenue: JP¥88.5b (up 13% from 2Q 2025). Net income: JP¥2.77b (down 42% from 2Q 2025). Profit margin: 3.1% (down from 6.1% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 27
Ricoh Leasing Company, Ltd. to Report Q2, 2026 Results on Nov 07, 2025 Ricoh Leasing Company, Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥90.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.2%). Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥113 (vs JP¥114 in 1Q 2025) First quarter 2026 results: EPS: JP¥113 (down from JP¥114 in 1Q 2025). Revenue: JP¥82.4b (up 8.9% from 1Q 2025). Net income: JP¥3.49b (down 1.1% from 1Q 2025). Profit margin: 4.2% (down from 4.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥90.00 announced Shareholders will receive a dividend of JP¥90.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.6%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Jun 28
High number of new directors Independent Outside Director Hikomitsu Noji was the last director to join the board, commencing their role in 2024. Announcement • Jun 25
Ricoh Leasing Company, Ltd. Announces Executive Changes, Effective July 1, 2025 Ricoh Leasing Company, Ltd. announced that in order to enhance the Company's corporate value by further strengthening of governance structure and clarifying executive responsibilities, the Board of Directors resolved at its meeting held on June 23, 2025, to implement the following personnel changes effective July 1, 2025. Name: Tokuharu Nakamura; Current position: Representative Director President and Chief Executive Officer; New position: Representative Director President and Chief Executive Officer Head of Sustainability Strategy. Name: Hiroshi Osawa; Current Position: Director Senior Executive Officer In charge of Head Office Director, TECHNO RENT CO., LTD; New position: Director Senior Executive Officer In charge of Head Office Officer in charge of Financial Strategy Director, TECHNO RENT CO., LTD. Personnel Changes of Executive Officers: Name: Yuichi Araki; Current Position: Managing Executive Officer General Manager of Group Human Resources Management Division Head of the Board of Directors Office; New position: Managing Executive Officer Officer in charge of Human Resources Strategy General Manager of Group Human Resources Management Division Head of the Board of Directors Office. Name: Kentaro Takita; current position: Executive Officer General Manager of Corporate Management Division; New Position: Executive Officer Officer in charge of Compliance General Manager of Corporate Management Division. Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥508 (vs JP¥366 in FY 2024) Full year 2025 results: EPS: JP¥508 (up from JP¥366 in FY 2024). Revenue: JP¥312.2b (up 1.2% from FY 2024). Net income: JP¥15.7b (up 39% from FY 2024). Profit margin: 5.0% (up from 3.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 18
Ricoh Leasing Company, Ltd. to Report Q1, 2026 Results on Aug 01, 2025 Ricoh Leasing Company, Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025 Reported Earnings • May 03
Full year 2025 earnings released: EPS: JP¥508 (vs JP¥366 in FY 2024) Full year 2025 results: EPS: JP¥508 (up from JP¥366 in FY 2024). Revenue: JP¥312.2b (up 1.2% from FY 2024). Net income: JP¥15.7b (up 39% from FY 2024). Profit margin: 5.0% (up from 3.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 26
Ricoh Leasing Company, Ltd. Announces Board Changes RICOH LEASING COMPANY, LTD. announced that it has resolved, at a meeting of the Board of Directors held on March 26, 2025 directors scheduled to retire; Masako Arakawa as Outside Director (Independent) and Nobuhisa Zama as Outside Director. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥95.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 25 June 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.2%). Announcement • Mar 13
Ricoh Leasing Company, Ltd. to Report Fiscal Year 2025 Results on May 02, 2025 Ricoh Leasing Company, Ltd. announced that they will report fiscal year 2025 results on May 02, 2025 Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: JP¥134 (vs JP¥94.02 in 3Q 2024) Third quarter 2025 results: EPS: JP¥134 (up from JP¥94.02 in 3Q 2024). Revenue: JP¥76.3b (down 4.2% from 3Q 2024). Net income: JP¥4.13b (up 43% from 3Q 2024). Profit margin: 5.4% (up from 3.6% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Dec 10
Ricoh Leasing Company, Ltd. to Report Q3, 2025 Results on Feb 05, 2025 Ricoh Leasing Company, Ltd. announced that they will report Q3, 2025 results on Feb 05, 2025 Declared Dividend • Dec 03
First half dividend of JP¥95.00 announced Shareholders will receive a dividend of JP¥95.00. Ex-date: 28th March 2025 Payment date: 25th June 2025 Dividend yield will be 3.3%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 03
Second quarter 2025 earnings released: EPS: JP¥154 (vs JP¥144 in 2Q 2024) Second quarter 2025 results: EPS: JP¥154 (up from JP¥144 in 2Q 2024). Revenue: JP¥78.1b (flat on 2Q 2024). Net income: JP¥4.75b (up 7.2% from 2Q 2024). Profit margin: 6.1% (up from 5.7% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.0%). Announcement • Aug 27
Ricoh Leasing Company, Ltd. to Report Q2, 2025 Results on Nov 01, 2024 Ricoh Leasing Company, Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024 Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥114 (vs JP¥30.63 in 1Q 2024) First quarter 2025 results: EPS: JP¥114 (up from JP¥30.63 in 1Q 2024). Revenue: JP¥75.7b (down 2.5% from 1Q 2024). Net income: JP¥3.53b (up 274% from 1Q 2024). Profit margin: 4.7% (up from 1.2% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Declared Dividend • Jul 11
Final dividend of JP¥80.00 announced Shareholders will receive a dividend of JP¥80.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 2.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Announcement • Jun 27
Advance Logistics Investment Corporation (TSE:3493) agreed to acquire T&B Maintenance Center Matsue and T&B Maintenance Center Toyama from Ricoh Leasing Company, Ltd. (TSE:8566) for ¥4.3 billion. Advance Logistics Investment Corporation (TSE:3493) agreed to acquire T&B Maintenance Center Matsue and T&B Maintenance Center Toyama from Ricoh Leasing Company, Ltd. (TSE:8566) for ¥4.3 billion on June 26, 2024. A cash consideration of ¥4.34 billion will be paid by Advance Logistics Investment Corporation. As part of consideration, ¥4.34 billion is paid towards assets of T&B Maintenance Center Matsue and T&B Maintenance Center Toyama. The transaction will be financed through senior debt of ¥4.34 billion.The expected completion of the transaction is August 1, 2024. Announcement • Jun 02
Ricoh Leasing Company, Ltd. to Report Q1, 2025 Results on Jul 31, 2024 Ricoh Leasing Company, Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 04
Full year 2024 earnings released: EPS: JP¥366 (vs JP¥483 in FY 2023) Full year 2024 results: EPS: JP¥366 (down from JP¥483 in FY 2023). Revenue: JP¥308.3b (up 3.2% from FY 2023). Net income: JP¥11.3b (down 24% from FY 2023). Profit margin: 3.7% (down from 5.0% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Mar 26
Ricoh Leasing Company, Ltd., Annual General Meeting, Jun 24, 2024 Ricoh Leasing Company, Ltd., Annual General Meeting, Jun 24, 2024. Announcement • Mar 22
Ricoh Leasing Company, Ltd. to Report Fiscal Year 2024 Results on May 02, 2024 Ricoh Leasing Company, Ltd. announced that they will report fiscal year 2024 results on May 02, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥75.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 27 June 2024. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.9%). New Risk • Feb 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (1.0% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥94.01 (vs JP¥125 in 3Q 2023) Third quarter 2024 results: EPS: JP¥94.01 (down from JP¥125 in 3Q 2023). Revenue: JP¥79.7b (up 5.3% from 3Q 2023). Net income: JP¥2.90b (down 25% from 3Q 2023). Profit margin: 3.6% (down from 5.1% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Dec 23
Ricoh Leasing Company, Ltd. to Report Q3, 2024 Results on Feb 07, 2024 Ricoh Leasing Company, Ltd. announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥144 (vs JP¥122 in 2Q 2023) Second quarter 2024 results: EPS: JP¥144 (up from JP¥122 in 2Q 2023). Revenue: JP¥77.8b (up 7.0% from 2Q 2023). Net income: JP¥4.43b (up 18% from 2Q 2023). Profit margin: 5.7% (up from 5.2% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥75.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.9%). Announcement • Sep 01
Ricoh Leasing Company, Ltd. to Report Q2, 2024 Results on Oct 31, 2023 Ricoh Leasing Company, Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Aug 04
First quarter 2024 earnings released: EPS: JP¥30.63 (vs JP¥153 in 1Q 2023) First quarter 2024 results: EPS: JP¥30.63 (down from JP¥153 in 1Q 2023). Revenue: JP¥77.6b (up 1.5% from 1Q 2023). Net income: JP¥944.0m (down 80% from 1Q 2023). Profit margin: 1.2% (down from 6.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 07
Ricoh Leasing Company, Ltd. to Report Q1, 2024 Results on Aug 03, 2023 Ricoh Leasing Company, Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023 Reported Earnings • May 10
Full year 2023 earnings released: EPS: JP¥483 (vs JP¥437 in FY 2022) Full year 2023 results: EPS: JP¥483 (up from JP¥437 in FY 2022). Revenue: JP¥298.9b (down 1.6% from FY 2022). Net income: JP¥14.9b (up 10% from FY 2022). Profit margin: 5.0% (up from 4.4% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥70.00 per share at 3.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 June 2023. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥125 (vs JP¥130 in 3Q 2022) Third quarter 2023 results: EPS: JP¥125 (down from JP¥130 in 3Q 2022). Revenue: JP¥75.6b (down 2.4% from 3Q 2022). Net income: JP¥3.86b (down 3.5% from 3Q 2022). Profit margin: 5.1% (down from 5.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Dec 22
Ricoh Leasing Company, Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Ricoh Leasing Company, Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥122 (vs JP¥134 in 2Q 2022) Second quarter 2023 results: EPS: JP¥122 (down from JP¥134 in 2Q 2022). Revenue: JP¥72.7b (down 6.5% from 2Q 2022). Net income: JP¥3.75b (down 9.1% from 2Q 2022). Profit margin: 5.2% (down from 5.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Diversified Financial industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: JP¥122 (vs JP¥134 in 2Q 2022) Second quarter 2023 results: EPS: JP¥122 (down from JP¥134 in 2Q 2022). Revenue: JP¥72.7b (down 6.5% from 2Q 2022). Net income: JP¥3.75b (down 9.1% from 2Q 2022). Profit margin: 5.2% (down from 5.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Diversified Financial industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Sep 23
Ricoh Leasing Company, Ltd. to Report Q2, 2023 Results on Nov 07, 2022 Ricoh Leasing Company, Ltd. announced that they will report Q2, 2023 results on Nov 07, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.4%). Reported Earnings • Aug 03
First quarter 2023 earnings released: EPS: JP¥153 (vs JP¥124 in 1Q 2022) First quarter 2023 results: EPS: JP¥153 (up from JP¥124 in 1Q 2022). Revenue: JP¥76.4b (flat on 1Q 2022). Net income: JP¥4.73b (up 24% from 1Q 2022). Profit margin: 6.2% (up from 5.0% in 1Q 2022). Over the next year, revenue is forecast to grow 1.2%, compared to a 3.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year. Announcement • Jun 25
Ricoh Leasing Company, Ltd. to Report Q1, 2023 Results on Aug 02, 2022 Ricoh Leasing Company, Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022 Announcement • May 12
Ricoh Leasing Company, Ltd., Annual General Meeting, Jun 27, 2022 Ricoh Leasing Company, Ltd., Annual General Meeting, Jun 27, 2022. Reported Earnings • May 11
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: JP¥437 (up from JP¥390 in FY 2021). Revenue: JP¥303.9b (down 6.9% from FY 2021). Net income: JP¥13.5b (up 12% from FY 2021). Profit margin: 4.4% (up from 3.7% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 5.2%, compared to a 6.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Price Target Changed • Apr 27
Price target decreased to JP¥3,600 Down from JP¥3,900, the current price target is provided by 1 analyst. New target price is 8.9% above last closing price of JP¥3,305. Stock is down 4.6% over the past year. The company is forecast to post earnings per share of JP¥431 for next year compared to JP¥390 last year. Announcement • Apr 05
Ricoh Leasing Company, Ltd. to Report Q4, 2022 Results on May 10, 2022 Ricoh Leasing Company, Ltd. announced that they will report Q4, 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.2%). Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥130 (up from JP¥126 in 3Q 2021). Revenue: JP¥77.5b (up 2.0% from 3Q 2021). Net income: JP¥4.00b (up 3.3% from 3Q 2021). Profit margin: 5.2% (up from 5.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 4.6%, compared to a 7.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year. Reported Earnings • Nov 02
Second quarter 2022 earnings released: EPS JP¥134 (vs JP¥126 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥77.7b (down 5.6% from 2Q 2021). Net income: JP¥4.12b (up 6.1% from 2Q 2021). Profit margin: 5.3% (up from 4.7% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.0%). In line with average of industry peers (3.2%). Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥124 (vs JP¥70.24 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥76.0b (down 17% from 1Q 2021). Net income: JP¥3.81b (up 76% from 1Q 2021). Profit margin: 5.0% (up from 2.4% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • May 09
Full year 2021 earnings released: EPS JP¥390 (vs JP¥383 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥326.3b (down 1.8% from FY 2020). Net income: JP¥12.0b (up 1.6% from FY 2020). Profit margin: 3.7% (up from 3.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (3.1%). Is New 90 Day High Low • Mar 04
New 90-day high: JP¥3,390 The company is up 13% from its price of JP¥3,005 on 04 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 7.0% over the same period. Price Target Changed • Feb 17
Price target raised to JP¥3,600 Up from JP¥3,100, the current price target is provided by 1 analyst. The new target price is 7.9% above the current share price of JP¥3,335. As of last close, the stock is down 21% over the past year. Is New 90 Day High Low • Feb 05
New 90-day high: JP¥3,275 The company is up 13% from its price of JP¥2,907 on 06 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Diversified Financial industry, which is up 21% over the same period. Reported Earnings • Jan 30
Third quarter 2021 earnings released: EPS JP¥126 (vs JP¥108 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥75.9b (down 8.9% from 3Q 2020). Net income: JP¥3.88b (up 17% from 3Q 2020). Profit margin: 5.1% (up from 4.0% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 07
New 90-day high: JP¥3,135 The company is up 10.0% from its price of JP¥2,851 on 09 October 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Diversified Financial industry, which is up 12% over the same period. Announcement • Dec 26
Ricoh Leasing Company, Ltd. to Report Q3, 2021 Results on Jan 28, 2021 Ricoh Leasing Company, Ltd. announced that they will report Q3, 2021 results on Jan 28, 2021 Is New 90 Day High Low • Dec 09
New 90-day high: JP¥3,060 The company is up 11% from its price of JP¥2,753 on 10 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 10.0% over the same period. Announcement • Jul 05
Ricoh Leasing Company, Ltd. to Report Q1, 2021 Results on Jul 28, 2020 Ricoh Leasing Company, Ltd. announced that they will report Q1, 2021 results on Jul 28, 2020 