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Marubeni Construction Material Lease, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 6%, Dividend Revised Upward by 14 Yen

Fri Nov 7, 2025 1:00 pm JST Earnings

9763 Maruken Lease Co., Ltd. 【J-GAAP】

Earnings Report

Maruken Lease Co., Ltd. <9763> [TSE Std] announced its financial results in the afternoon session on November 7th (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 1.16 billion yen, an increase 45.3% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 5.6%, from the previous forecast of 1.77 billion yen to 1.87 billion yen (compared to 1.72 billion yen in the previous period), increasing the growth rate from 2.8% to 8.7%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 23.4% from the same period last year to 0.70 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 143 yen to 157 yen (compared to 140 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 75.6% from the same period last year, reaching 0.67 billion yen. However, the operating profit margin worsened from 5.8% in the same period last year to 4.7%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 9,742 518 621 442 139.5 39.3 Nov 9, 2023 J-GAAP
Apr - Sep, 2024 11,241 721 804 574 181.0 46.7 Nov 8, 2024 J-GAAP
Apr - Sep, 2025 12,777 785 1,168 825 260.3 62.5 Nov 7, 2025 J-GAAP
YoY +13.7% +8.9% +45.3% +43.7% +43.8%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance ー ー ー ー － 71 May 15, 2025 J-GAAP
Apr - Sep, 2025 Results 12,777 785 1,168 825 260.3 73 Nov 7, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 24,500 1,550 1,770 1,290 406.6 143 May 15, 2025 J-GAAP
Mar, 2026 New 25,000 1,550 1,870 1,330 419.2 157 Nov 7, 2025 J-GAAP
Revision Rate +2.0% 0.0% +5.6% +3.1% +3.1%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 11,566 793 917 644 203.1 75 May 15, 2025 J-GAAP
Oct - Mar, 2025 Guidance 12,223 765 702 505 159.2 84 Nov 7, 2025 J-GAAP
YoY +5.7% -3.5% -23.4% -21.6% -21.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 21,325 1,326 1,581 1,161 366.0 115 May 10, 2024 J-GAAP
Mar, 2025 22,807 1,514 1,721 1,218 384.1 140 May 15, 2025 J-GAAP
Mar, 2026 Guidance 25,000 1,550 1,870 1,330 419.2 157 Nov 7, 2025 J-GAAP
YoY +9.6% +2.4% +8.7% +9.2% +9.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 5,656 330 386 282 88.9 5.8 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 5,462 510 600 444 140.0 9.3 Feb 6, 2025 J-GAAP
Jan - Mar, 2025 6,104 283 317 200 63.1 4.6 May 15, 2025 J-GAAP
Apr - Jun, 2025 6,697 500 490 327 103.2 7.5 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 6,080 285 678 498 157.1 4.7 Nov 7, 2025 J-GAAP
YoY +7.5% -13.6% +75.6% +76.6% +76.7%

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