Large projects and new branches
Rent Co., Ltd. (TSE: 372A), the Shizuoka-based rental company for construction machinery and equipment, reported consolidated results for the first quarter of FY5/2027, the three months from June 1 to August 31, 2026, on October 15, 2026 under Japanese GAAP. Net sales rose 11.3% to ¥14,096 million, operating profit 36.6% to ¥1,538 million and ordinary profit 37.2% to ¥1,353 million. Net profit attributable to owners of the parent rose 28.7% to ¥888 million, or ¥230.16 per share against ¥191.45. The company listed on the TSE Standard market in June 2025 and reports a single rental segment.
The company said private building and civil-engineering investment ran above last year, though soaring material prices and labour shortages delayed some starts. It focused on local construction and facilities demand under its Value Plus Service offering while strengthening its response to large projects in growth areas such as data centres, logistics warehouses, factories and plants; new branches deepened its customer base and its overseas subsidiaries grew sales. It also supplied equipment for disaster recovery, expanded its rental fleet, improved maintenance to raise utilization and worked to set appropriate rental rates.
Balance sheet, dividend and outlook
Total assets were broadly flat at ¥67,999 million, as cash fell ¥2,193 million while rental assets rose ¥1,367 million, and net assets rose 0.6% to ¥20,191 million after ¥848 million of dividends, for an equity ratio of 29.6%. The company plans an annual dividend of ¥235, ¥117.50 at the interim and year-end, against ¥220.
The full-year forecast published on July 15 is unchanged: net sales of ¥58,000 million (+9.5%), operating profit of ¥4,950 million (+12.9%), ordinary profit of ¥4,250 million (+7.7%) and net profit of ¥3,000 million (+3.4%).
| Metric | Q1 FY5/2027 | Q1 FY5/2026 | Change |
|---|---|---|---|
| Net sales (¥ million) | 14,096 | 12,667 | +11.3% |
| Operating profit (¥ million) | 1,538 | 1,126 | +36.6% |
| Ordinary profit (¥ million) | 1,353 | 986 | +37.2% |
| Net profit attrib. to owners of parent (¥ million) | 888 | 690 | +28.7% |
| EPS (¥) | 230.16 | 191.45 | +20.2% |
| Total assets (¥ million) | 67,999 | 68,201 | −0.3% |
| Net assets (¥ million) | 20,191 | 20,066 | +0.6% |
| Equity ratio | 29.6% | 29.3% | +0.3 pt |
| FY5/2027 guidance — revenue (¥ million) | 58,000 | — | +9.5% |
| FY5/2027 guidance — operating profit (¥ million) | 4,950 | — | +12.9% |
| FY5/2027 guidance — ordinary profit (¥ million) | 4,250 | — | +7.7% |
| FY5/2027 guidance — net profit (¥ million) | 3,000 | — | +3.4% |
| Annual dividend per share (¥) | 235.00 | 220.00 | +6.8% |
JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.