JP-listed companies
KYUSHU LEASING SERVICE CO.,LTD.

KYUSHU LEASING SERVICE CO.,LTD.JP:8596

Market cap

¥26.6B

P/E ratio

23.8x

Income statement Balance sheet Cash flow

	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018	Mar 31, 2019	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024
Lease sales	8,932	10,425	9,934	11,776	13,984	16,480	15,255	18,821	16,314	17,001	22,059	19,720
Real estate lease revenue	4,956	4,937	4,886	4,312	2,507	2,529	2,501	2,417	2,460	2,379	2,436	3,002
Installment sales	454	427	417	430	394	346	366	406	430	484	582	673
Finance revenue	1,017	926	845	774	821	798	878	822	806	965	997	1,174
Other incost relating to real estate-RevOA	1,950	923	1,821	636	1,670	1,821	4,123	941	6,457	6,787	8,728	6,435
Other net sales	1,222	1,217	1,343	1,465	1,678	1,294	1,333	1,781	1,790	1,936	2,002	2,502
Net sales	18,533	18,857	19,249	19,395	21,057	23,270	24,458	25,189	28,259	29,555	36,807	33,508
Lease costs	7,242	8,642	8,329	9,845	11,911	14,381	13,239	16,584	14,238	15,090	17,870	17,353
Cost of real estate lease revenue	2,427	2,450	2,438	2,123	1,011	888	890	887	963	913	993	1,346
Capital costs	1,340	1,187	902	782	658	597	614	627	612	605	663	673
Other cost relating to real estate	2,096	748	1,695	713	1,431	1,498	3,366	583	5,735	6,307	8,155	5,336
Other cost of sales	555	453	562	684	940	555	386	637	619	669	666	792
Cost of sales	13,662	13,481	13,929	14,148	15,953	17,922	18,497	19,320	22,168	23,587	28,349	25,502
Gross profit (loss)	4,870	5,376	5,320	5,247	5,103	5,348	5,961	5,869	6,091	5,967	8,457	8,006
Provision of allowance for doubtful accounts	-	436	339	249	152	68	75	36	42	214	81	112
Provision for loss on guarantees	-	-	-	-	-	-	76	68	68	44	19	-7
Salaries and allowances	816	793	757	747	694	708	743	743	726	745	787	934
Salaries and allowances	816	793	757	747	694	708	743	743	726	745	787	934
Bonuses	235	232	267	254	234	259	266	263	261	280	358	395
Bonuses	235	232	267	254	234	259	266	263	261	280	358	395
Retirement benefit expenses	55	37	76	73	76	82	82	63	66	58	57	164
Retirement benefit expenses	55	37	76	73	76	82	82	63	66	58	57	164
Welfare expenses	211	205	197	199	199	187	198	203	205	212	233	281
Welfare expenses	211	205	197	199	199	187	198	203	205	212	233	281
Rent expenses	115	116	107	68	65	88	99	99	101	103	112	143
Rent expenses	115	116	107	68	65	88	99	99	101	103	112	143
Taxes and dues	36	43	60	70	84	95	171	114	117	114	194	125
Depreciation	131	63	59	71	82	136	175	192	190	168	145	135
Taxes and dues	36	43	60	70	84	95	171	114	117	114	194	125
Other	592	563	585	606	564	618	650	656	718	775	989	1,083
Depreciation	131	63	59	71	82	136	175	192	190	168	145	135
Selling, general and administrative expenses	3,448	2,518	2,451	2,341	2,153	2,244	2,539	2,442	2,498	2,717	2,979	3,370
Other	592	563	585	606	564	618	650	656	718	775	989	1,083
Selling, general and administrative expenses	3,448	2,518	2,451	2,341	2,153	2,244	2,539	2,442	2,498	2,717	2,979	3,370
Operating profit (loss)	1,422	2,857	2,868	2,905	2,950	3,104	3,421	3,427	3,592	3,250	5,477	4,635
Interest income	158	24	18	1	1	2	3	1	-	-	-	3
Interest and dividend income	-	-	-	-	-	-	-	-	-	-	109	68
Dividend income	64	49	54	64	77	90	130	143	122	121	94	55
Foreign exchange gains	-	-	-	-	-	-	-	-	-	-	31	31
Foreign exchange gains	-	-	-	-	-	-	-	-	-	-	31	31
Outsourcing service income	-	-	-	-	-	-	-	-	-	-	36	72
Other	47	47	18	18	31	14	30	28	16	15	23	19
Non-operating income	277	141	143	96	168	580	226	266	247	141	117	109
Interest expenses	217	210	162	141	111	104	92	77	59	57	77	65
Bond issuance costs	54	37	-	-	-	-	-	-	-	-	34	34
Shareholders related costs	-	-	-	-	-	-	-	-	-	21	30	23
Commission expenses	57	92	30	-	8	41	-	-	-	5	42	17
Other	21	24	65	9	14	16	14	22	22	32	22	10
Non-operating expenses	350	365	228	176	133	223	117	153	104	93	172	151
Ordinary profit (loss)	1,349	2,634	2,783	2,824	2,985	3,461	3,530	3,539	3,735	3,299	5,422	4,593
Gain on sale of investment securities	-	-	-	85	56	-	-	17	-	3,404	3,404	3
Extraordinary income	90	284	26	204	133	476	-	17	-	80	3,404	3
Impairment losses	-	488	-	318	-	-	245	-	1,237	121	114	37
Loss on valuation of shares of subsidiaries and associates	-	-	-	-	-	-	-	-	-	-	241	-
Reorganization cost	-	-	-	-	-	-	-	-	-	139	139	-
Extraordinary losses	26	569	680	475	65	6	304	177	1,237	185	254	37
Extraordinary losses	26	569	680	475	65	6	304	177	1,237	185	254	37
Profit (loss) before income taxes	1,413	2,348	2,129	2,553	3,054	3,931	3,226	3,379	2,498	3,194	8,572	4,559
Income taxes - current	140	252	737	630	590	726	897	995	892	918	2,872	1,490
Income taxes - deferred	365	853	-35	170	161	205	56	-5	-261	148	-161	-23
Income taxes	506	1,106	701	800	752	932	954	989	630	1,066	2,710	1,466
Profit (loss)	-	-	1,427	1,753	2,302	2,999	2,271	2,389	1,868	2,127	5,862	3,092
Profit (loss) attributable to non-controlling interests	-	-	34	28	-	-	-3	13	7	-	-	43
Profit (loss) attributable to owners of parent	-	-	1,393	1,725	2,302	3,000	2,275	2,376	1,860	2,127	5,862	3,048