Financials

Mitsubishi HC Capital: FYE Mar 2026 and ten years of results (51 metrics)

FYE Mar 2026 · Revenue¥2.22tnYoY +6.0%

FYE Mar 2026 · Operating profit¥240bnYoY +28.5%

FYE Mar 2026 · Net profit¥162bnYoY +20.0%

FYE Mar 2026 · Equity ratio15.2%YoY −0.0pp

FYE Mar 2026 · Group employees7,950YoY −430

Fiscal year	Revenue	YoY	Operating profit	YoY	Margin	Net profit	Chief executive	That year
FYE Mar 2017Consolidated	¥839bn	n/a	¥79bn	n/a	9.4%	¥53bn	—	Capital and business alliance with Hitachi Capital
FYE Mar 2018Consolidated	¥870bn	+3.7%	¥79bn	+0.2%	9.1%	¥64bn	Yanai Takahiro	—
FYE Mar 2019Consolidated	¥864bn	−0.7%	¥80bn	+1.4%	9.3%	¥69bn	Yanai Takahiro	—
FYE Mar 2020Consolidated	¥924bn	+6.9%	¥92bn	+14.3%	9.9%	¥71bn	Yanai Takahiro	—
FYE Mar 2021Consolidated	¥948bn	+2.6%	¥62bn	−32.2%	6.6%	¥55bn	Yanai Takahiro	—
FYE Mar 2022Consolidated	¥1.77tn	+86.3%	¥114bn	+83.1%	6.5%	¥99bn	Yanai Takahiro	Merger with Hitachi Capital; renamed Mitsubishi HC Capital
FYE Mar 2023Consolidated	¥1.90tn	+7.4%	¥139bn	+21.6%	7.3%	¥116bn	Yanai Takahiro	—
FYE Mar 2024Consolidated	¥1.95tn	+2.9%	¥146bn	+5.4%	7.5%	¥124bn	Yanai Takahiro	<a class="en-history_person" href="/tse/8593/executives/ceo/hisai-daiki/" hreflang="ja">Hisai Daiki</a> becomes president
FYE Mar 2025Consolidated	¥2.09tn	+7.2%	¥187bn	+28.0%	8.9%	¥135bn	Hisai Daiki	—
FYE Mar 2026Consolidated	¥2.22tn	+6.0%	¥240bn	+28.5%	10.9%	¥162bn	Hisai Daiki	Record net profit of ¥135.1bn; 26th consecutive dividend increase

How it compares

Orix¥3.33tnFY2025Operating margin 13.7%

Mitsubishi HC Capital¥2.22tnFY2025Operating margin 10.9%

Tokyo Century¥1.46tnFY2025Operating margin 10.2%Mizuho Leasing¥922bnFY2025Operating margin 4.8%Fuyo General Lease¥789bnFY2025Operating margin 5.1%

Rikorisu¥312bnFY2024Operating margin 7.0%

Enuishikyapitarusoryushon¥255bnFY2024Operating margin 3.1%

FPG¥130bnFY2025Operating margin 19.6%

Japaninbesutomentoadobaiza¥39bnFY2025Operating margin 48.7%

Income statement Revenue, costs, each level of profit and the margins they leave

Where the revenue goes

¥ bn

Cost of sales SG&A Operating profit

Margins

Gross margin Operating margin Ordinary margin Net margin

Revenue net sales, operating revenue

FYE Mar 2026 ¥2.22tn

CAGR · 10 yrs +11.4%

Fiscal year	Revenue ¥ bn	YoY	Basis
FYE Mar 2017	839	n/a	Cons. · Japanese GAAP
FYE Mar 2018	870	+3.7%	Cons. · Japanese GAAP
FYE Mar 2019	864	−0.7%	Cons. · Japanese GAAP
FYE Mar 2020	924	+6.9%	Cons. · Japanese GAAP
FYE Mar 2021	948	+2.6%	Cons. · Japanese GAAP
FYE Mar 2022	1,766	+86.3%	Cons. · Japanese GAAP
FYE Mar 2023	1,896	+7.4%	Cons. · Japanese GAAP
FYE Mar 2024	1,951	+2.9%	Cons. · Japanese GAAP
FYE Mar 2025	2,091	+7.2%	Cons. · Japanese GAAP
FYE Mar 2026	2,215	+6.0%	Cons. · Japanese GAAP

Definition: Everything the company took in from its own business
Formula: Revenue line of the income statement
Source: Securities report (XBRL)

Cost of sales

FYE Mar 2026 ¥1.72tn

CAGR · 10 yrs +10.7%

Fiscal year	Cost of sales ¥ bn	YoY	Basis
FYE Mar 2017	689	n/a	Cons. · Japanese GAAP
FYE Mar 2018	714	+3.6%	Cons. · Japanese GAAP
FYE Mar 2019	706	−1.1%	Cons. · Japanese GAAP
FYE Mar 2020	742	+5.1%	Cons. · Japanese GAAP
FYE Mar 2021	787	+6.1%	Cons. · Japanese GAAP
FYE Mar 2022	1,431	+81.8%	Cons. · Japanese GAAP
FYE Mar 2023	1,539	+7.5%	Cons. · Japanese GAAP
FYE Mar 2024	1,570	+2.1%	Cons. · Japanese GAAP
FYE Mar 2025	1,628	+3.7%	Cons. · Japanese GAAP
FYE Mar 2026	1,715	+5.3%	Cons. · Japanese GAAP

Definition: The cost of what was sold
Formula: Cost of sales line of the income statement
Source: Securities report (XBRL)

Gross profit

FYE Mar 2026 ¥500bn

CAGR · 10 yrs +14.3%

Fiscal year	Gross profit ¥ bn	YoY	Basis
FYE Mar 2017	150	n/a	Cons. · Japanese GAAP
FYE Mar 2018	156	+4.0%	Cons. · Japanese GAAP
FYE Mar 2019	158	+1.4%	Cons. · Japanese GAAP
FYE Mar 2020	182	+14.9%	Cons. · Japanese GAAP
FYE Mar 2021	160	−11.8%	Cons. · Japanese GAAP
FYE Mar 2022	335	+108.5%	Cons. · Japanese GAAP
FYE Mar 2023	357	+6.8%	Cons. · Japanese GAAP
FYE Mar 2024	380	+6.4%	Cons. · Japanese GAAP
FYE Mar 2025	463	+21.7%	Cons. · Japanese GAAP
FYE Mar 2026	500	+8.1%	Cons. · Japanese GAAP

Definition: What the product or service itself earns
Formula: Revenue − cost of sales
Source: Securities report (XBRL)

SG&A selling, general and administrative expenses

FYE Mar 2026 ¥260bn

CAGR · 10 yrs +15.5%

Fiscal year	SG&A ¥ bn	YoY	Basis
FYE Mar 2017	71.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	76.9	+8.1%	Cons. · Japanese GAAP
FYE Mar 2019	77.9	+1.4%	Cons. · Japanese GAAP
FYE Mar 2020	90.1	+15.6%	Cons. · Japanese GAAP
FYE Mar 2021	98.2	+8.9%	Cons. · Japanese GAAP
FYE Mar 2022	221	+124.7%	Cons. · Japanese GAAP
FYE Mar 2023	219	−0.9%	Cons. · Japanese GAAP
FYE Mar 2024	234	+7.0%	Cons. · Japanese GAAP
FYE Mar 2025	276	+17.8%	Cons. · Japanese GAAP
FYE Mar 2026	260	−5.7%	Cons. · Japanese GAAP

Definition: The cost of selling and of running the company
Formula: SG&A line of the income statement
Source: Securities report (XBRL)

Operating profit

FYE Mar 2026 ¥240bn

CAGR · 10 yrs +13.1%

Fiscal year	Operating profit ¥ bn	YoY	Basis
FYE Mar 2017	79.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	79.3	+0.2%	Cons. · Japanese GAAP
FYE Mar 2019	80.4	+1.4%	Cons. · Japanese GAAP
FYE Mar 2020	91.9	+14.3%	Cons. · Japanese GAAP
FYE Mar 2021	62.3	−32.2%	Cons. · Japanese GAAP
FYE Mar 2022	114	+83.1%	Cons. · Japanese GAAP
FYE Mar 2023	139	+21.6%	Cons. · Japanese GAAP
FYE Mar 2024	146	+5.4%	Cons. · Japanese GAAP
FYE Mar 2025	187	+28.0%	Cons. · Japanese GAAP
FYE Mar 2026	240	+28.5%	Cons. · Japanese GAAP

Definition: What the core business earns
Formula: Gross profit − SG&A
Source: Securities report (XBRL)

Non-operating income

FYE Mar 2026 ¥13bn

CAGR · 10 yrs +3.5%

Fiscal year	Non-operating income ¥ bn	YoY	Basis
FYE Mar 2017	9.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	11.2	+16.6%	Cons. · Japanese GAAP
FYE Mar 2019	11.2	−0.2%	Cons. · Japanese GAAP
FYE Mar 2020	10.5	−6.6%	Cons. · Japanese GAAP
FYE Mar 2021	10.0	−4.5%	Cons. · Japanese GAAP
FYE Mar 2022	15.6	+56.5%	Cons. · Japanese GAAP
FYE Mar 2023	24.6	+57.6%	Cons. · Japanese GAAP
FYE Mar 2024	23.5	−4.7%	Cons. · Japanese GAAP
FYE Mar 2025	18.7	−20.4%	Cons. · Japanese GAAP
FYE Mar 2026	13.1	−30.0%	Cons. · Japanese GAAP

Definition: Income from outside the core business
Formula: Non-operating income line of the income statement
Source: Securities report (XBRL)

Non-operating expenses

FYE Mar 2026 ¥17bn

CAGR · 10 yrs +17.8%

Fiscal year	Non-operating expenses ¥ bn	YoY	Basis
FYE Mar 2017	4.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.3	+8.2%	Cons. · Japanese GAAP
FYE Mar 2019	4.0	−8.4%	Cons. · Japanese GAAP
FYE Mar 2020	7.9	+100.5%	Cons. · Japanese GAAP
FYE Mar 2021	7.3	−7.6%	Cons. · Japanese GAAP
FYE Mar 2022	12.5	+70.2%	Cons. · Japanese GAAP
FYE Mar 2023	17.3	+38.4%	Cons. · Japanese GAAP
FYE Mar 2024	18.0	+4.2%	Cons. · Japanese GAAP
FYE Mar 2025	12.2	−32.2%	Cons. · Japanese GAAP
FYE Mar 2026	17.4	+42.7%	Cons. · Japanese GAAP

Definition: Costs arising outside the core business
Formula: Non-operating expenses line of the income statement
Source: Securities report (XBRL)

Ordinary profit keijo rieki

FYE Mar 2026 ¥236bn

CAGR · 10 yrs +12.1%

Fiscal year	Ordinary profit ¥ bn	YoY	Basis
FYE Mar 2017	84.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	86.2	+1.7%	Cons. · Japanese GAAP
FYE Mar 2019	87.6	+1.7%	Cons. · Japanese GAAP
FYE Mar 2020	94.4	+7.7%	Cons. · Japanese GAAP
FYE Mar 2021	65.0	−31.2%	Cons. · Japanese GAAP
FYE Mar 2022	117	+80.5%	Cons. · Japanese GAAP
FYE Mar 2023	146	+24.6%	Cons. · Japanese GAAP
FYE Mar 2024	152	+3.8%	Cons. · Japanese GAAP
FYE Mar 2025	194	+27.7%	Cons. · Japanese GAAP
FYE Mar 2026	236	+22.0%	Cons. · Japanese GAAP

Definition: A level of profit that exists only under Japanese GAAP
Formula: Operating profit + non-operating income − non-operating expenses
Source: Securities report (XBRL)

Extraordinary income

FYE Mar 2026 ¥11bn

CAGR · 10 yrs +10.9%

Fiscal year	Extraordinary income ¥ bn	YoY	Basis
FYE Mar 2017	4.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	2.9	−31.3%	Cons. · Japanese GAAP
FYE Mar 2019	7.1	+142.2%	Cons. · Japanese GAAP
FYE Mar 2020	5.0	−29.0%	Cons. · Japanese GAAP
FYE Mar 2021	18.5	+266.9%	Cons. · Japanese GAAP
FYE Mar 2022	30.4	+64.7%	Cons. · Japanese GAAP
FYE Mar 2023	11.4	−62.7%	Cons. · Japanese GAAP
FYE Mar 2024	17.4	+53.1%	Cons. · Japanese GAAP
FYE Mar 2025	24.5	+40.8%	Cons. · Japanese GAAP
FYE Mar 2026	10.8	−55.9%	Cons. · Japanese GAAP

Definition: One-off gains, such as an asset sale
Formula: Extraordinary income line of the income statement
Source: Securities report (XBRL)

Extraordinary loss

FYE Mar 2026 ¥14bn

CAGR · 6 yrs +65.4%

Fiscal year	Extraordinary loss ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2018	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2019	1.1	n/a	Cons. · Japanese GAAP
FYE Mar 2020	0.3	−72.9%	Cons. · Japanese GAAP
FYE Mar 2021	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2022	0.4	n/a	Cons. · Japanese GAAP
FYE Mar 2023	n/a	n/a	Cons. · Japanese GAAP
FYE Mar 2024	1.3	n/a	Cons. · Japanese GAAP
FYE Mar 2025	22.4	+1582.5%	Cons. · Japanese GAAP
FYE Mar 2026	14.1	−37.1%	Cons. · Japanese GAAP

Definition: One-off losses, such as an impairment or a restructuring charge
Formula: Extraordinary loss line of the income statement
Source: Securities report (XBRL)

Net profit profit attributable to owners of the parent

FYE Mar 2026 ¥162bn

CAGR · 10 yrs +13.2%

Fiscal year	Net profit ¥ bn	YoY	Basis
FYE Mar 2017	53.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	63.7	+19.8%	Cons. · Japanese GAAP
FYE Mar 2019	68.8	+8.0%	Cons. · Japanese GAAP
FYE Mar 2020	70.8	+2.8%	Cons. · Japanese GAAP
FYE Mar 2021	55.3	−21.8%	Cons. · Japanese GAAP
FYE Mar 2022	99.4	+79.7%	Cons. · Japanese GAAP
FYE Mar 2023	116	+16.9%	Cons. · Japanese GAAP
FYE Mar 2024	124	+6.5%	Cons. · Japanese GAAP
FYE Mar 2025	135	+9.1%	Cons. · Japanese GAAP
FYE Mar 2026	162	+20.0%	Cons. · Japanese GAAP

Definition: What is left after tax
Formula: Pre-tax profit − income taxes
Source: Securities report (XBRL)

Gross margin

FYE Mar 2026 22.6%

Average · 10 yrs 19.3%

Fiscal year	Gross margin %	YoY	Basis
FYE Mar 2017	17.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	18.0	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2019	18.3	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2020	19.7	+1.4pp	Cons. · Japanese GAAP
FYE Mar 2021	16.9	−2.8pp	Cons. · Japanese GAAP
FYE Mar 2022	19.0	+2.0pp	Cons. · Japanese GAAP
FYE Mar 2023	18.8	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2024	19.5	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2025	22.1	+2.6pp	Cons. · Japanese GAAP
FYE Mar 2026	22.6	+0.4pp	Cons. · Japanese GAAP

Definition: The share of revenue left after the cost of sales
Formula: Gross profit ÷ revenue
Source: Securities report (XBRL)

Operating margin

FYE Mar 2026 10.9%

Average · 10 yrs 8.5%

Fiscal year	Operating margin %	YoY	Basis
FYE Mar 2017	9.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	9.1	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2019	9.3	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2020	9.9	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2021	6.6	−3.4pp	Cons. · Japanese GAAP
FYE Mar 2022	6.5	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2023	7.3	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2024	7.5	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2025	8.9	+1.5pp	Cons. · Japanese GAAP
FYE Mar 2026	10.9	+1.9pp	Cons. · Japanese GAAP

Definition: The share of revenue the core business keeps
Formula: Operating profit ÷ revenue
Source: Securities report (XBRL)

Ordinary margin

FYE Mar 2026 10.7%

Average · 10 yrs 8.9%

Fiscal year	Ordinary margin %	YoY	Basis
FYE Mar 2017	10.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	9.9	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2019	10.1	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2020	10.2	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2021	6.9	−3.4pp	Cons. · Japanese GAAP
FYE Mar 2022	6.6	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2023	7.7	+1.1pp	Cons. · Japanese GAAP
FYE Mar 2024	7.8	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2025	9.3	+1.5pp	Cons. · Japanese GAAP
FYE Mar 2026	10.7	+1.4pp	Cons. · Japanese GAAP

Definition: The share of revenue left at the ordinary-profit line
Formula: Ordinary profit ÷ revenue
Source: Securities report (XBRL)

Net margin

FYE Mar 2026 7.3%

Average · 10 yrs 6.7%

Fiscal year	Net margin %	YoY	Basis
FYE Mar 2017	6.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	7.3	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2019	8.0	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2020	7.7	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2021	5.8	−1.8pp	Cons. · Japanese GAAP
FYE Mar 2022	5.6	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2023	6.1	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2024	6.3	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2025	6.5	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2026	7.3	+0.9pp	Cons. · Japanese GAAP

Definition: The share of revenue left after everything
Formula: Net profit ÷ revenue
Source: Securities report (XBRL)

Cost-of-sales ratio

FYE Mar 2026 77.4%

Average · 10 yrs 80.7%

Fiscal year	Cost-of-sales ratio %	YoY	Basis
FYE Mar 2017	82.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	82.0	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2019	81.7	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2020	80.3	−1.4pp	Cons. · Japanese GAAP
FYE Mar 2021	83.1	+2.8pp	Cons. · Japanese GAAP
FYE Mar 2022	81.0	−2.0pp	Cons. · Japanese GAAP
FYE Mar 2023	81.2	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2024	80.5	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2025	77.9	−2.6pp	Cons. · Japanese GAAP
FYE Mar 2026	77.4	−0.4pp	Cons. · Japanese GAAP

Definition: The share of revenue taken by the cost of sales
Formula: Cost of sales ÷ revenue
Source: Securities report (XBRL)

SG&A ratio

FYE Mar 2026 11.7%

Average · 10 yrs 10.7%

Fiscal year	SG&A ratio %	YoY	Basis
FYE Mar 2017	8.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	8.8	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2019	9.0	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2020	9.8	+0.7pp	Cons. · Japanese GAAP
FYE Mar 2021	10.4	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2022	12.5	+2.1pp	Cons. · Japanese GAAP
FYE Mar 2023	11.5	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2024	12.0	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2025	13.2	+1.2pp	Cons. · Japanese GAAP
FYE Mar 2026	11.7	−1.5pp	Cons. · Japanese GAAP

Definition: The share of revenue taken by selling and administrative costs
Formula: SG&A ÷ revenue
Source: Securities report (XBRL)

Balance sheet Assets, debt and equity, and what they say about financial strength

What the balance sheet is made of

¥ bn

Equity Liabilities and non-controlling interests

Financial strength

Equity ratio Debt-to-equity

Total assets

FYE Mar 2026 ¥13.1tn

CAGR · 10 yrs +10.4%

Fiscal year	Total assets ¥ bn	YoY	Basis
FYE Mar 2017	5,389	n/a	Cons. · Japanese GAAP
FYE Mar 2018	5,553	+3.0%	Cons. · Japanese GAAP
FYE Mar 2019	5,791	+4.3%	Cons. · Japanese GAAP
FYE Mar 2020	6,286	+8.5%	Cons. · Japanese GAAP
FYE Mar 2021	6,015	−4.3%	Cons. · Japanese GAAP
FYE Mar 2022	10,329	+71.7%	Cons. · Japanese GAAP
FYE Mar 2023	10,726	+3.8%	Cons. · Japanese GAAP
FYE Mar 2024	11,150	+3.9%	Cons. · Japanese GAAP
FYE Mar 2025	11,762	+5.5%	Cons. · Japanese GAAP
FYE Mar 2026	13,090	+11.3%	Cons. · Japanese GAAP

Definition: Everything the company holds
Formula: Total assets line of the balance sheet
Source: Securities report (XBRL)

Equity net assets, shareholders' equity

FYE Mar 2026 ¥1.99tn

CAGR · 10 yrs +13.1%

Fiscal year	Equity ¥ bn	YoY	Basis
FYE Mar 2017	658	n/a	Cons. · Japanese GAAP
FYE Mar 2018	708	+7.6%	Cons. · Japanese GAAP
FYE Mar 2019	756	+6.7%	Cons. · Japanese GAAP
FYE Mar 2020	779	+3.1%	Cons. · Japanese GAAP
FYE Mar 2021	805	+3.4%	Cons. · Japanese GAAP
FYE Mar 2022	1,312	+62.9%	Cons. · Japanese GAAP
FYE Mar 2023	1,531	+16.7%	Cons. · Japanese GAAP
FYE Mar 2024	1,687	+10.2%	Cons. · Japanese GAAP
FYE Mar 2025	1,791	+6.2%	Cons. · Japanese GAAP
FYE Mar 2026	1,990	+11.1%	Cons. · Japanese GAAP

Definition: The part of the funding that never has to be repaid
Formula: Net assets line of the balance sheet
Source: Securities report (XBRL)

Interest-bearing debt

FYE Mar 2026 ¥4.54tn

CAGR · 10 yrs +8.7%

Fiscal year	Interest-bearing debt ¥ bn	YoY	Basis
FYE Mar 2017	2,137	n/a	Cons. · Japanese GAAP
FYE Mar 2018	2,140	+0.1%	Cons. · Japanese GAAP
FYE Mar 2019	2,276	+6.4%	Cons. · Japanese GAAP
FYE Mar 2020	2,533	+11.3%	Cons. · Japanese GAAP
FYE Mar 2021	2,498	−1.4%	Cons. · Japanese GAAP
FYE Mar 2022	3,705	+48.3%	Cons. · Japanese GAAP
FYE Mar 2023	3,887	+4.9%	Cons. · Japanese GAAP
FYE Mar 2024	3,907	+0.5%	Cons. · Japanese GAAP
FYE Mar 2025	4,068	+4.1%	Cons. · Japanese GAAP
FYE Mar 2026	4,540	+11.6%	Cons. · Japanese GAAP

Definition: Borrowings the company pays interest on
Formula: Loans + bonds + lease obligations
Source: Securities report (XBRL)

Short-term borrowings

FYE Mar 2026 ¥458bn

CAGR · 10 yrs −1.9%

Fiscal year	Short-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	546	n/a	Cons. · Japanese GAAP
FYE Mar 2018	407	−25.4%	Cons. · Japanese GAAP
FYE Mar 2019	321	−21.3%	Cons. · Japanese GAAP
FYE Mar 2020	454	+41.7%	Cons. · Japanese GAAP
FYE Mar 2021	237	−47.9%	Cons. · Japanese GAAP
FYE Mar 2022	591	+149.8%	Cons. · Japanese GAAP
FYE Mar 2023	633	+7.0%	Cons. · Japanese GAAP
FYE Mar 2024	471	−25.6%	Cons. · Japanese GAAP
FYE Mar 2025	475	+0.9%	Cons. · Japanese GAAP
FYE Mar 2026	458	−3.6%	Cons. · Japanese GAAP

Definition: Borrowings repayable within a year
Formula: Short-term borrowings line of the balance sheet
Source: Securities report (XBRL)

Long-term borrowings

FYE Mar 2026 ¥4.08tn

CAGR · 10 yrs +11.0%

Fiscal year	Long-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	1,591	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1,733	+8.9%	Cons. · Japanese GAAP
FYE Mar 2019	1,956	+12.9%	Cons. · Japanese GAAP
FYE Mar 2020	2,079	+6.3%	Cons. · Japanese GAAP
FYE Mar 2021	2,261	+8.8%	Cons. · Japanese GAAP
FYE Mar 2022	3,113	+37.7%	Cons. · Japanese GAAP
FYE Mar 2023	3,254	+4.5%	Cons. · Japanese GAAP
FYE Mar 2024	3,436	+5.6%	Cons. · Japanese GAAP
FYE Mar 2025	3,592	+4.6%	Cons. · Japanese GAAP
FYE Mar 2026	4,081	+13.6%	Cons. · Japanese GAAP

Definition: Borrowings repayable in more than a year
Formula: Long-term borrowings line of the balance sheet
Source: Securities report (XBRL)

Intangible assets

FYE Mar 2026 ¥253bn

CAGR · 10 yrs +12.5%

Fiscal year	Intangible assets ¥ bn	YoY	Basis
FYE Mar 2017	87.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	110	+25.0%	Cons. · Japanese GAAP
FYE Mar 2019	145	+32.7%	Cons. · Japanese GAAP
FYE Mar 2020	167	+14.9%	Cons. · Japanese GAAP
FYE Mar 2021	151	−9.7%	Cons. · Japanese GAAP
FYE Mar 2022	268	+77.5%	Cons. · Japanese GAAP
FYE Mar 2023	248	−7.4%	Cons. · Japanese GAAP
FYE Mar 2024	248	−0.0%	Cons. · Japanese GAAP
FYE Mar 2025	238	−4.1%	Cons. · Japanese GAAP
FYE Mar 2026	253	+6.5%	Cons. · Japanese GAAP

Definition: Assets with no physical form
Formula: Intangible assets line of the balance sheet
Source: Securities report (XBRL)

Goodwill

FYE Mar 2026 ¥92bn

CAGR · 10 yrs +2.1%

Fiscal year	Goodwill ¥ bn	YoY	Basis
FYE Mar 2017	75.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	71.3	−5.9%	Cons. · Japanese GAAP
FYE Mar 2019	72.2	+1.2%	Cons. · Japanese GAAP
FYE Mar 2020	65.6	−9.1%	Cons. · Japanese GAAP
FYE Mar 2021	57.3	−12.7%	Cons. · Japanese GAAP
FYE Mar 2022	90.3	+57.7%	Cons. · Japanese GAAP
FYE Mar 2023	91.5	+1.3%	Cons. · Japanese GAAP
FYE Mar 2024	102	+11.6%	Cons. · Japanese GAAP
FYE Mar 2025	98.7	−3.3%	Cons. · Japanese GAAP
FYE Mar 2026	91.6	−7.2%	Cons. · Japanese GAAP

Definition: What an acquisition cost above the net assets it brought
Formula: Goodwill line of the balance sheet
Source: Securities report (XBRL)

Equity ratio

FYE Mar 2026 15.2%

Average · 10 yrs 13.6%

Fiscal year	Equity ratio %	YoY	Basis
FYE Mar 2017	12.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	12.8	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2019	13.0	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2020	12.4	−0.7pp	Cons. · Japanese GAAP
FYE Mar 2021	13.4	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2022	12.7	−0.7pp	Cons. · Japanese GAAP
FYE Mar 2023	14.3	+1.6pp	Cons. · Japanese GAAP
FYE Mar 2024	15.1	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2025	15.2	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2026	15.2	−0.0pp	Cons. · Japanese GAAP

Definition: How much of the balance sheet is funded without debt
Formula: Equity ÷ total assets
Source: Securities report (XBRL)

Debt-to-equity ratio D/E ratio

FYE Mar 2026 228.1%

Average · 10 yrs 278.6%

Fiscal year	Debt-to-equity ratio %	YoY	Basis
FYE Mar 2017	324.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	302.0	−22.6pp	Cons. · Japanese GAAP
FYE Mar 2019	301.2	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2020	325.1	+23.9pp	Cons. · Japanese GAAP
FYE Mar 2021	310.2	−14.9pp	Cons. · Japanese GAAP
FYE Mar 2022	282.4	−27.7pp	Cons. · Japanese GAAP
FYE Mar 2023	253.9	−28.6pp	Cons. · Japanese GAAP
FYE Mar 2024	231.6	−22.3pp	Cons. · Japanese GAAP
FYE Mar 2025	227.1	−4.4pp	Cons. · Japanese GAAP
FYE Mar 2026	228.1	+1.0pp	Cons. · Japanese GAAP

Definition: Borrowings measured against the company's own capital
Formula: Interest-bearing debt ÷ equity
Source: Securities report (XBRL)

ROE return on equity

FYE Mar 2026 8.1%

Average · 10 yrs 8.0%

Fiscal year	ROE %	YoY	Basis
FYE Mar 2017	8.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	9.0	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2019	9.1	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2020	9.1	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2021	6.9	−2.2pp	Cons. · Japanese GAAP
FYE Mar 2022	7.6	+0.7pp	Cons. · Japanese GAAP
FYE Mar 2023	7.6	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2024	7.3	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2025	7.5	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	8.1	+0.6pp	Cons. · Japanese GAAP

Definition: What the shareholders' capital earns
Formula: Net profit ÷ equity
Source: Securities report (XBRL)

ROA return on assets

FYE Mar 2026 1.2%

Average · 10 yrs 1.1%

Fiscal year	ROA %	YoY	Basis
FYE Mar 2017	1.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	1.1	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2019	1.2	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2020	1.1	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2021	0.9	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2022	1.0	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2023	1.1	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2024	1.1	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2025	1.1	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2026	1.2	+0.1pp	Cons. · Japanese GAAP

Definition: What the whole balance sheet earns
Formula: Net profit ÷ total assets
Source: Securities report (XBRL)

Asset turnover

FYE Mar 2026 0.17×

CAGR · 10 yrs +0.9%

Fiscal year	Asset turnover ×	YoY	Basis
FYE Mar 2017	0.16	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.16	+0.6%	Cons. · Japanese GAAP
FYE Mar 2019	0.15	−4.7%	Cons. · Japanese GAAP
FYE Mar 2020	0.15	−1.5%	Cons. · Japanese GAAP
FYE Mar 2021	0.16	+7.2%	Cons. · Japanese GAAP
FYE Mar 2022	0.17	+8.5%	Cons. · Japanese GAAP
FYE Mar 2023	0.18	+3.4%	Cons. · Japanese GAAP
FYE Mar 2024	0.17	−1.0%	Cons. · Japanese GAAP
FYE Mar 2025	0.18	+1.6%	Cons. · Japanese GAAP
FYE Mar 2026	0.17	−4.8%	Cons. · Japanese GAAP

Definition: How much revenue each yen of assets produces
Formula: Revenue ÷ total assets
Source: Securities report (XBRL)

Cash flow statement Cash from operations, investment and financing, and what is left on hand

The three cash flows

¥ bn

Operating CF Investing CF Financing CF

Cash against debt

¥ bn

Cash and equivalents Interest-bearing debt Net cash

Operating cash flow

FYE Mar 2026 -¥368bn

Average · 10 yrs -¥103bn

Fiscal year	Operating cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-220	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-50.8	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-239	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-252	n/a	Cons. · Japanese GAAP
FYE Mar 2021	199	n/a	Cons. · Japanese GAAP
FYE Mar 2022	196	−1.7%	Cons. · Japanese GAAP
FYE Mar 2023	46.8	−76.1%	Cons. · Japanese GAAP
FYE Mar 2024	-49.1	−205.1%	Cons. · Japanese GAAP
FYE Mar 2025	-297	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-368	n/a	Cons. · Japanese GAAP

Definition: Cash the business itself generated
Formula: Cash flow from operating activities
Source: Securities report (XBRL)

Investing cash flow

FYE Mar 2026 -¥34bn

Average · 10 yrs -¥35bn

Fiscal year	Investing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-28.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-32.0	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-34.1	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-33.0	n/a	Cons. · Japanese GAAP
FYE Mar 2021	1.2	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-108	−8942.5%	Cons. · Japanese GAAP
FYE Mar 2023	-127	n/a	Cons. · Japanese GAAP
FYE Mar 2024	143	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-97.0	−167.7%	Cons. · Japanese GAAP
FYE Mar 2026	-33.9	n/a	Cons. · Japanese GAAP

Definition: Cash spent on, or released by, investment
Formula: Cash flow from investing activities
Source: Securities report (XBRL)

Financing cash flow

FYE Mar 2026 ¥469bn

CAGR · 10 yrs +8.0%

Fiscal year	Financing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	235	n/a	Cons. · Japanese GAAP
FYE Mar 2018	148	−37.2%	Cons. · Japanese GAAP
FYE Mar 2019	300	+103.1%	Cons. · Japanese GAAP
FYE Mar 2020	552	+84.3%	Cons. · Japanese GAAP
FYE Mar 2021	-373	−167.5%	Cons. · Japanese GAAP
FYE Mar 2022	-192	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-8.9	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-223	n/a	Cons. · Japanese GAAP
FYE Mar 2025	354	n/a	Cons. · Japanese GAAP
FYE Mar 2026	469	+32.7%	Cons. · Japanese GAAP

Definition: Cash raised from, or returned to, lenders and shareholders
Formula: Cash flow from financing activities
Source: Securities report (XBRL)

Cash and equivalents

FYE Mar 2026 ¥346bn

CAGR · 10 yrs +15.4%

Fiscal year	Cash and equivalents ¥ bn	YoY	Basis
FYE Mar 2017	95.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	160	+68.1%	Cons. · Japanese GAAP
FYE Mar 2019	186	+16.5%	Cons. · Japanese GAAP
FYE Mar 2020	456	+144.3%	Cons. · Japanese GAAP
FYE Mar 2021	286	−37.2%	Cons. · Japanese GAAP
FYE Mar 2022	520	+81.7%	Cons. · Japanese GAAP
FYE Mar 2023	460	−11.5%	Cons. · Japanese GAAP
FYE Mar 2024	335	−27.2%	Cons. · Japanese GAAP
FYE Mar 2025	291	−13.3%	Cons. · Japanese GAAP
FYE Mar 2026	346	+19.0%	Cons. · Japanese GAAP

Definition: Cash on hand at the year end
Formula: Closing balance in the cash flow statement
Source: Securities report (XBRL)

Free cash flow

FYE Mar 2026 -¥401bn

Average · 10 yrs -¥138bn

Fiscal year	FCF ¥ bn	YoY	Basis
FYE Mar 2017	-249	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-82.7	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-273	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-285	n/a	Cons. · Japanese GAAP
FYE Mar 2021	201	n/a	Cons. · Japanese GAAP
FYE Mar 2022	88.0	−56.1%	Cons. · Japanese GAAP
FYE Mar 2023	-80.6	−191.6%	Cons. · Japanese GAAP
FYE Mar 2024	94.2	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-394	−518.1%	Cons. · Japanese GAAP
FYE Mar 2026	-401	n/a	Cons. · Japanese GAAP

Definition: What is left once the business has paid for its own investment
Formula: Operating cash flow + investing cash flow
Source: Securities report (XBRL)

Operating cash flow margin

FYE Mar 2026 -16.6%

Average · 10 yrs -8.6%

Fiscal year	OCF margin %	YoY	Basis
FYE Mar 2017	-26.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-5.8	+20.4pp	Cons. · Japanese GAAP
FYE Mar 2019	-27.7	−21.9pp	Cons. · Japanese GAAP
FYE Mar 2020	-27.3	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2021	21.0	+48.3pp	Cons. · Japanese GAAP
FYE Mar 2022	11.1	−9.9pp	Cons. · Japanese GAAP
FYE Mar 2023	2.5	−8.6pp	Cons. · Japanese GAAP
FYE Mar 2024	-2.5	−5.0pp	Cons. · Japanese GAAP
FYE Mar 2025	-14.2	−11.7pp	Cons. · Japanese GAAP
FYE Mar 2026	-16.6	−2.4pp	Cons. · Japanese GAAP

Definition: How much of the revenue turned into cash
Formula: Operating cash flow ÷ revenue
Source: Securities report (XBRL)

Net cash

FYE Mar 2026 -¥4.19tn

Average · 10 yrs -¥2.86tn

Fiscal year	Net cash ¥ bn	YoY	Basis
FYE Mar 2017	-2,042	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-1,980	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-2,090	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-2,078	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-2,212	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-3,185	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-3,426	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-3,571	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-3,777	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-4,194	n/a	Cons. · Japanese GAAP

Definition: Cash on hand once the borrowings are paid off
Formula: Cash and equivalents − interest-bearing debt
Source: Securities report (XBRL)

Shares and share price Shares outstanding, price, market capitalisation and the valuation multiples

Market capitalisation

FYE Mar 2026 ¥2.06tn

Change · 10 yrs +¥1.56tn

Fiscal year	Market capitalisation ¥ bn	Basis
FYE Mar 2017	498	n/a
FYE Mar 2018	558	n/a
FYE Mar 2019	505	n/a
FYE Mar 2020	477	n/a
FYE Mar 2021	601	n/a
FYE Mar 2022	833	n/a
FYE Mar 2023	997	n/a
FYE Mar 2024	1,570	n/a
FYE Mar 2025	1,478	n/a
FYE Mar 2026	2,055	n/a

Definition: What the market says the company is worth
Formula: Year-end share price × shares outstanding
Source: Securities report (XBRL)

Share price year-end close

FYE Mar 2026 1,401¥

Change · 10 yrs +845¥

Fiscal year	Share price ¥	Basis
FYE Mar 2017	556	n/a
FYE Mar 2018	623	n/a
FYE Mar 2019	564	n/a
FYE Mar 2020	532	n/a
FYE Mar 2021	670	n/a
FYE Mar 2022	568	n/a
FYE Mar 2023	680	n/a
FYE Mar 2024	1,070	n/a
FYE Mar 2025	1,008	n/a
FYE Mar 2026	1,401	n/a

Definition: The closing price on the last day of the fiscal year
Formula: Year-end closing price
Source: Securities report (XBRL)

Shares outstanding

FYE Mar 2026 1,466,912,244shares

Change · 10 yrs +571,078,084 shares

Fiscal year	Shares outstanding shares	Basis
FYE Mar 2017	895,834,160	Parent
FYE Mar 2018	895,834,160	Parent
FYE Mar 2019	895,834,160	Parent
FYE Mar 2020	895,834,160	Parent
FYE Mar 2021	895,834,160	Parent
FYE Mar 2022	1,466,912,244	Parent
FYE Mar 2023	1,466,912,244	Parent
FYE Mar 2024	1,466,912,244	Parent
FYE Mar 2025	1,466,912,244	Parent
FYE Mar 2026	1,466,912,244	Parent

Definition: How many shares exist
Formula: Shares issued, from the key figures of the filing
Source: Securities report (XBRL)

EPS earnings per share

FYE Mar 2026 112.98¥

Change · 10 yrs +53.21¥

Fiscal year	EPS ¥	Basis
FYE Mar 2017	59.77	Cons.
FYE Mar 2018	71.57	Cons.
FYE Mar 2019	77.28	Cons.
FYE Mar 2020	79.44	Cons.
FYE Mar 2021	62.07	Cons.
FYE Mar 2022	69.24	Cons.
FYE Mar 2023	80.95	Cons.
FYE Mar 2024	86.30	Cons.
FYE Mar 2025	94.19	Cons.
FYE Mar 2026	112.98	Cons.

Definition: Net profit for each share
Formula: Net profit ÷ average shares outstanding
Source: Securities report (XBRL)

BPS book value per share

FYE Mar 2026 1,356.81¥

Change · 10 yrs +621.92¥

Fiscal year	BPS ¥	Basis
FYE Mar 2017	734.89	Cons. · Japanese GAAP
FYE Mar 2018	790.84	Cons. · Japanese GAAP
FYE Mar 2019	843.56	Cons. · Japanese GAAP
FYE Mar 2020	869.83	Cons. · Japanese GAAP
FYE Mar 2021	898.99	Cons. · Japanese GAAP
FYE Mar 2022	894.14	Cons. · Japanese GAAP
FYE Mar 2023	1,043.63	Cons. · Japanese GAAP
FYE Mar 2024	1,150.13	Cons. · Japanese GAAP
FYE Mar 2025	1,220.93	Cons. · Japanese GAAP
FYE Mar 2026	1,356.81	Cons. · Japanese GAAP

Definition: Equity behind each share
Formula: Equity ÷ shares outstanding
Source: Securities report (XBRL)

PER price-to-earnings ratio

FYE Mar 2026 12.40×

Average · 10 yrs 9.49×

Fiscal year	PER ×	Basis
FYE Mar 2017	9.30	Cons.
FYE Mar 2018	8.70	Cons.
FYE Mar 2019	7.30	Cons.
FYE Mar 2020	6.70	Cons.
FYE Mar 2021	10.80	Cons.
FYE Mar 2022	8.20	Cons.
FYE Mar 2023	8.40	Cons.
FYE Mar 2024	12.40	Cons.
FYE Mar 2025	10.70	Cons.
FYE Mar 2026	12.40	Cons.

Definition: How many years of earnings the price stands for
Formula: Year-end price ÷ EPS
Source: Securities report (XBRL)

PBR price-to-book ratio

FYE Mar 2026 1.01×

Average · 10 yrs 0.75×

Fiscal year	PBR ×	Basis
FYE Mar 2017	0.75	Cons.
FYE Mar 2018	0.78	Cons.
FYE Mar 2019	0.67	Cons.
FYE Mar 2020	0.61	Cons.
FYE Mar 2021	0.74	Cons.
FYE Mar 2022	0.62	Cons.
FYE Mar 2023	0.64	Cons.
FYE Mar 2024	0.91	Cons.
FYE Mar 2025	0.81	Cons.
FYE Mar 2026	1.01	Cons.

Definition: The price measured against the book value behind it
Formula: Year-end price ÷ BPS
Source: Securities report (XBRL)

Workforce and productivity Headcount, pay and what each employee accounts for

Group employees

FYE Mar 2026 7,950people

Change · 10 yrs +4,981 people

Fiscal year	Group employees people	YoY	Basis
FYE Mar 2017	2,969	n/a	Cons.
FYE Mar 2018	3,126	+5.3%	Cons.
FYE Mar 2019	3,217	+2.9%	Cons.
FYE Mar 2020	3,301	+2.6%	Cons.
FYE Mar 2021	3,284	−0.5%	Cons.
FYE Mar 2022	8,803	+168.1%	Cons.
FYE Mar 2023	8,648	−1.8%	Cons.
FYE Mar 2024	8,424	−2.6%	Cons.
FYE Mar 2025	8,380	−0.5%	Cons.
FYE Mar 2026	7,950	−5.1%	Cons.

Definition: Everyone employed across the group
Formula: Consolidated headcount, from the employee section of the filing
Source: Securities report (XBRL)

Parent-company employees

FYE Mar 2026 2,111people

Change · 10 yrs +819 people

Fiscal year	Parent-company employees people	YoY	Basis
FYE Mar 2017	1,292	n/a	Parent
FYE Mar 2018	1,289	−0.2%	Parent
FYE Mar 2019	1,317	+2.2%	Parent
FYE Mar 2020	1,379	+4.7%	Parent
FYE Mar 2021	1,412	+2.4%	Parent
FYE Mar 2022	2,235	+58.3%	Parent
FYE Mar 2023	2,182	−2.4%	Parent
FYE Mar 2024	2,140	−1.9%	Parent
FYE Mar 2025	2,102	−1.8%	Parent
FYE Mar 2026	2,111	+0.4%	Parent

Definition: Employees of the filing company itself
Formula: Parent-only headcount, from the employee section of the filing
Source: Securities report (XBRL)

Average annual pay parent company

FYE Mar 2026 1,029万円

Change · 8 yrs +243万円

Fiscal year	Average annual pay 万円	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	786	n/a	Parent
FYE Mar 2020	811	+3.1%	Parent
FYE Mar 2021	851	+4.9%	Parent
FYE Mar 2022	866	+1.8%	Parent
FYE Mar 2023	924	+6.7%	Parent
FYE Mar 2024	977	+5.7%	Parent
FYE Mar 2025	1,008	+3.1%	Parent
FYE Mar 2026	1,029	+2.1%	Parent

Definition: Average total annual compensation, bonuses included
Formula: Average annual pay, from the employee section of the filing
Source: Securities report (XBRL)

Average age

FYE Mar 2026 40.6years

Change · 8 yrs +3.6 years

Fiscal year	Average age years	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	37.0	n/a	Parent
FYE Mar 2020	37.5	+1.4%	Parent
FYE Mar 2021	37.5	−0.0%	Parent
FYE Mar 2022	40.4	+7.7%	Parent
FYE Mar 2023	41.0	+1.5%	Parent
FYE Mar 2024	41.3	+0.7%	Parent
FYE Mar 2025	40.5	−1.9%	Parent
FYE Mar 2026	40.6	+0.2%	Parent

Definition: Average age of the parent company's employees
Formula: Average age, from the employee section of the filing
Source: Securities report (XBRL)

Average length of service

FYE Mar 2026 15.0years

Change · 8 yrs +3.0 years

Fiscal year	Average length of service years	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	12.0	n/a	Parent
FYE Mar 2020	12.0	−0.0%	Parent
FYE Mar 2021	13.0	+8.3%	Parent
FYE Mar 2022	15.0	+15.4%	Parent
FYE Mar 2023	15.0	−0.0%	Parent
FYE Mar 2024	15.0	−0.0%	Parent
FYE Mar 2025	15.0	−0.0%	Parent
FYE Mar 2026	15.0	−0.0%	Parent

Definition: How long the average employee has been with the company
Formula: Average years of service, from the employee section of the filing
Source: Securities report (XBRL)

Temporary employees

FYE Mar 2026 1,308people

Change · 10 yrs +941 people

Fiscal year	Temporary employees people	YoY	Basis
FYE Mar 2017	367	n/a	n/a
FYE Mar 2018	355	−3.3%	n/a
FYE Mar 2019	283	−20.3%	n/a
FYE Mar 2020	277	−2.1%	n/a
FYE Mar 2021	372	+34.3%	n/a
FYE Mar 2022	1,569	+321.8%	n/a
FYE Mar 2023	1,462	−6.8%	n/a
FYE Mar 2024	1,383	−5.4%	n/a
FYE Mar 2025	1,336	−3.4%	n/a
FYE Mar 2026	1,308	−2.1%	n/a

Definition: Average number of temporary and part-time staff over the year
Formula: Average temporary headcount, from the employee section of the filing
Source: Securities report (XBRL)

Revenue per employee

FYE Mar 2026 ¥279m

Change · 10 yrs −¥3.9m

Fiscal year	Revenue per employee ¥ m	YoY	Basis
FYE Mar 2017	283	n/a	Cons.
FYE Mar 2018	278	−1.5%	Cons.
FYE Mar 2019	269	−3.5%	Cons.
FYE Mar 2020	280	+4.2%	Cons.
FYE Mar 2021	289	+3.1%	Cons.
FYE Mar 2022	201	−30.5%	Cons.
FYE Mar 2023	219	+9.3%	Cons.
FYE Mar 2024	232	+5.6%	Cons.
FYE Mar 2025	249	+7.8%	Cons.
FYE Mar 2026	279	+11.7%	Cons.

Definition: What each employee accounts for in revenue
Formula: Revenue ÷ group employees
Source: Securities report (XBRL)

Operating profit per employee

FYE Mar 2026 ¥30.2m

Change · 10 yrs +¥3.6m

Fiscal year	OP per employee ¥ m	YoY	Basis
FYE Mar 2017	26.6	n/a	Cons.
FYE Mar 2018	25.4	−4.8%	Cons.
FYE Mar 2019	25.0	−1.5%	Cons.
FYE Mar 2020	27.8	+11.4%	Cons.
FYE Mar 2021	19.0	−31.8%	Cons.
FYE Mar 2022	13.0	−31.7%	Cons.
FYE Mar 2023	16.0	+23.8%	Cons.
FYE Mar 2024	17.4	+8.2%	Cons.
FYE Mar 2025	22.3	+28.7%	Cons.
FYE Mar 2026	30.2	+35.4%	Cons.

Definition: What each employee accounts for in operating profit
Formula: Operating profit ÷ group employees
Source: Securities report (XBRL)

Disclaimer

Figures are reproduced as filed and are not restated: a change of accounting standard or of consolidation basis moves the series without anything happening to the business. Where that happened, the table says so in place of the year-on-year figure.
Ratios and per-employee figures are computed from the filed lines rather than taken from the filing, and use year-end balances rather than averages.

Accuracy, liability, reuse and privacy — the full disclaimer →

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Mitsubishi HC Capital’s history, presidents and financials are published as static JSON — no key, plain GET. One API per public page, and one per section where a page carries several tables. Full specification →

/api/8593/company.json ·/api/8593/history.json ·/api/8593/ceo.json ·/api/8593/financials.json ·/api/8593/financials/segment.json ·/api/8593/financials/pl.json ·/api/8593/financials/cf.json ·/api/8593/financials/bs.json ·/api/8593/financials/employee.json ·/api/8593/financials/stock.json ·/api/8593/financials.csv ·/api/8593/financials_history.csv

/api/companies.json ·/api/decisions.json ·/api/api-manifest.json