J-LEASE <7187> announced its consolidated financial results for the first quarter of the 2025 March period (April to June 24), with sales of 3.816 billion yen, a 24.8% increase year-on-year, operating profit of 0.711 billion yen, a 29.6% increase year-on-year, ordinary profit of 0.716 billion yen, a 30.9% increase year-on-year, and quarterly net profit attributable to the parent company's shareholders increased by 34.8% to 0.471 billion yen.
Sales in the guarantee-related business increased by 18.5% year-on-year to 3.59 billion yen, with operating profit of 0.745 billion yen, up 33.9% year-on-year. Investment in human resources in the capital region for guaranteeing residential rents and cooperation with external companies and industry groups have been successful, and local sales and response to needs have progressed. In the business rental guarantee business, sales expanded steadily by focusing on sales in the capital region while actively expanding to large offices and commercial facilities as the market expanded.
Sales in the real estate-related business increased by 8.9% year-on-year to 0.034 billion yen, with an operating loss of 0.02 billion yen (compared to a loss of 0.007 billion yen in the same period last year). In real estate brokerage and management and real estate rental business, services targeting foreign nationals are mainly expanded, and due to the weakening yen, foreign demand for real estate in Japan has increased, leading to an increase in brokerage cases and other transactions. In addition, efforts were made to further strengthen sales at the Tokyo branch office, which opened this year.
Sales in IT-related business were 0.199 billion yen, with an operating loss of 0.013 billion yen. Avis, which develops software and other services, is expanding its IT services, including the development and sale of environmental inspection systems, and is making steady progress toward achieving its full-year plan.
The consolidated performance forecast for the full year of the 2025 March period is based on the initial plan of 16.21 billion yen in sales, up 22.6% from the previous year, operating profit of 2.81 billion yen, up 7.8% year-on-year, ordinary profit of 2.81 billion yen, up 7.6% year-on-year, and net income attributable to parent company shareholders of 1.89 billion yen, up 5.6% year-on-year.