RISO KAGAKU CORPORATION
6413・Prime Market・Machinery
Real Estate Business
A high-margin, stable-earnings segment engaged in leasing of company-owned buildings
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (Full-year FY2026, ending March 2026) | ¥1,061 million | ¥1,025 million | ↑ |
| Segment Profit (Full-year FY2026, ending March 2026) | ¥642 million | ¥622 million | ↑ |
| Operating Margin (Full-year FY2026, ending March 2026) | 60.5% | 60.7% | — |
| Depreciation (Full-year FY2026, ending March 2026) | ¥108 million | ¥101 million | ↑ |
Business Details
This is the Real Estate Business segment directly operated by RISO KAGAKU CORPORATION, whose business consists of building leasing and related activities. The only major affiliated company is the Company itself (RISO KAGAKU), and within the group it is positioned as a stable source of cash generation that complements the Printing Equipment-Related Business. Although the revenue scale is small, accounting for approximately 1.3% of consolidated revenue, the segment maintains a highly profitable structure with an operating margin exceeding 60%, and in FY2026 (ending March 2026) it achieved higher revenue and profit compared to the prior period.
Recent Overview
FY2026 (ending March 2026) continued stable growth with revenue up 3.6% and profit up 3.3% year on year
For the full year of FY2026 (ending March 2026), the Real Estate Business recorded revenue of ¥1,061 million (up 3.6% year on year) and segment profit of ¥642 million (up 3.3% year on year), achieving both higher revenue and higher profit. The operating margin remained at 60.5%, roughly the same level as the prior period (60.7%), and the highly profitable structure has continued. Depreciation increased somewhat to ¥108 million (up 6.9% year on year), but the impact on profit levels remained minor.
Key Products
Growth Drivers
- Stable rental income generated from utilization of company-owned real estate
- Profit contribution from a high operating margin (exceeding 60%)
- Achieved higher revenue and profit year on year in FY2026 (ending March 2026), with earnings on a recovering and expanding trend
Risks
- Risk of earnings deterioration due to declining rent levels or rising vacancy rates
- Risk of impairment of fixed assets related to owned real estate
- Profit pressure from an increasing trend in depreciation expense (up 6.9% year on year in FY2026, ending March 2026)
- Limited scope for contribution to overall group performance given the segment's small share of approximately 1.3% of consolidated revenue
Last updated: June 18, 2026