Fuyo General Lease (8424) Earnings: Operating Income Up 29.3% YoY to 19.72 Billion Yen

Fuyo General Lease (8424) announced its financial results, reporting net sales of 201.16 billion yen, representing a 16.6% increase compared to the same period of the previous year. Operating income rose by 29.3% YoY to 19.72 billion yen, while ordinary income grew by 11.2% YoY to 20.73 billion yen. Profit attributable to owners of the parent increased by 5.5% YoY to 14.03 billion yen, demonstrating solid overall performance driven by core leasing and financing operations. Regarding financial standing, the equity ratio stands at 13.4%, reflecting the asset-heavy business model characteristic of the leasing industry with interest-bearing debt at 2,048.36 billion yen. Meanwhile, retained earnings reached 387.53 billion yen, underscoring a robust internal reserve foundation. The company recorded an ROE of 3.78%, an ROA of 0.39%, and an EBITDA of 19.72 billion yen, illustrating its continued efforts to generate steady profits while efficiently managing a large asset base.