Overview
Securities and Commodities Futures

SBI Leasing Services Co.,Ltd.

SBI Leasing Services structures and distributes Japanese Operating Lease (JOL/JOLCO) funds backed by real assets such as aircraft and vessels, targeting corporate investors seeking tax optimization and profit smoothing benefits. The company originates lease transactions with airlines and shipping companies, manages SPCs for individual deals, and earns fees from fund structuring, asset sales to investment partnerships, and ongoing management. Its competitive strength lies in its expertise in Japanese Operating Lease schemes—both JOL (without call option) and JOLCO (with call option)—distributed through a nationwide network of financial institutions.

Market Cap
¥40.4B
US$257M
EV
¥—B
Stock¥2,533▼-1.78%
US$1 = ¥156.80 (2026-10-23)
ROE
23.0%
* LTM NI / end-of-period equity
PBR
1.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-22.0%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jul 29, 26Q1 FY2027/03 earnings announced
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
39.6US$252M'23/354.1US$345M'24/341.9US$267M'25/364.3US$410M'26/3
EBITDA 5Y (¥B)
4.48US$28.6M'23/35.99US$38.2M'24/37.40US$47.2M'25/310.4US$66.4M'26/3
Net Income 5Y (¥B)
2.44US$15.6M'23/33.45US$22.0M'24/34.39US$28.0M'25/36.05US$38.6M'26/3
Capital Structure
33%
67%
EquityD/E 1.99xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
13.8US$88.1M23.2US$148M'23/312.7US$80.7M48.9US$312M'24/38.94US$57.0M72.4US$462M'25/37.09US$45.2M72.4US$462M'26/3
Shareholders
Top 10 hold 73.6%
1
SBI Non-Bank Holdings Co., Ltd.
61.96%
2
Yoshiaki ISHII
2.80%
3
Auto Panther Co., Ltd.
2.08%
4
Ishii Co., Ltd.
1.36%
5
BNYM SA/NV FOR BNYM FOR BNYM GCM CLIENT ACCTS M ILM FE (Standing Proxy: MUFG Bank, Ltd.)
1.07%
6
Japan Securities Finance Co.,Ltd.
0.94%
7
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
0.93%
8
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC; Standing Proxy: MUFG Bank, Ltd.)
0.88%
9
BARCLAYS CAPITAL SECURITIES LIMITED (Standing Proxy: Barclays Securities Japan Limited)
0.79%
10
Rakuten Securities, Inc. (Joint Account)
0.76%
Management
10 officers
Kohei SATO
Representative Director, Chairman and President
Apr 1984 Nomura Securities Co., Ltd. Apr 2003 Same company, General Manager, Corporate Finance Department III Jul 2005 Nomura Holdings, Inc., General Manager, Corporate Planning Department Apr 2007 Nomura Securities Co., Ltd., Executive Officer in charge of Corporate Finance Apr 2009 Same company, Director for Special Audit Apr 2011 Same company, Managing Executive Officer, Osaka (posted) Apr 2013 Nomura Babcock & Brown Co., Ltd., Representative Director, President Jun 2018 Nomura Research Institute, Ltd., Full-time Audit & Supervisory Board Member Sep 2022 SBI Holdings, Inc., Advisor (full-time) May 2023 the Company, Advisor (full-time) Jun 2023 the Company, Representative Director, Chairman and President (current)
1961-04-18
Masahiro SHINADO
Director and Executive Vice President (in charge of Business Development Division)
Apr 1995 Sanwa Bank, Ltd. (now MUFG Bank, Ltd.) Oct 1999 Seconded to Ministry of International Trade and Industry (now Ministry of Economy, Trade and Industry) Nov 2005 E*TRADE Securities Co., Ltd. (now SBI Securities Co., Ltd.) May 2010 SBI Securities Co., Ltd., Executive Officer, General Manager, Product Department Jun 2012 SBI Money Plaza Co., Ltd., Director Apr 2014 Same company, Director and Managing Executive Officer Apr 2017 the Company, Representative Director, President Apr 2020 the Company, Director and Executive Vice President (current) Apr 2024 the Company, General Manager, Business Development Division (current)
1973-03-21
Hiroshi YOSHIHARA
Managing Director (in charge of Administration Division)
Apr 1987 Nomura Securities Co., Ltd. Apr 2013 Same company, General Manager, Public Offering Department Apr 2015 Same company, General Manager, Public Sector Department Apr 2017 Nomura Babcock & Brown Co., Ltd., General Manager, Corporate Administration Division Oct 2020 the Company, Director, General Manager, Administration Division Jun 2024 the Company, Managing Director, General Manager, Administration Division (current)
1963-10-21
Osamu SUZUKI
Managing Director (in charge of Sales Division)
Apr 1988 Nippon Telegraph and Telephone Corporation (now NTT, Inc.) Apr 1990 Nomura Babcock & Brown Co., Ltd. Jul 2013 Same company, General Manager, International Investment Department Mar 2019 Same company, Executive Officer Apr 2021 Mitsui Sumitomo Finance & Leasing Co., Ltd. Apr 2021 Same company, Advisor Apr 2022 Same company, Executive Officer Sep 2023 Resigned from Mitsui Sumitomo Finance & Leasing Co., Ltd. Nov 2023 the Company, Managing Executive Officer, Deputy General Manager, Sales Division Apr 2024 the Company, Managing Executive Officer, General Manager, Sales Division Jun 2024 the Company, Managing Director, General Manager, Sales Division (current)
1963-01-18
Shuhei MANABE
Director (in charge of Accounting Department and Finance Department)
Apr 1988 Fuyo General Lease Co., Ltd. Apr 2000 WebLease Co., Ltd. (now Sumitomo Mitsui Trust Panasonic Finance Co., Ltd.) Mar 2002 SBI Lease Co., Ltd. (now Sumitomo Mitsui Trust Panasonic Finance Co., Ltd.), Director, General Manager, Administration Department Jun 2008 Same company, Representative Director Mar 2018 the Company, Director (current)
1965-02-06
Koichiro AWANO
Director
Jan 2010 Nishiuchi & Kagami Law Office Oct 2015 Murata & Wakatsuki Law Office (current) Dec 2021 the Company, Outside Director (current)
1982-05-18
Koji NISHIBORI
Director
Apr 1979 Ota Tetsuzo CPA Office (now EY ShinNihon LLC) Dec 1981 Deloitte Haskins & Sells Joint Office (now Tohmatsu LLC) Sep 1989 Seconded to Deloitte Haskins & Sells London Office (tax) Jun 1993 Katsushima Toshiaki Tax Accountant Office (now Deloitte Tohmatsu Tax Co.), Partner Aug 1995 Returned from secondment to London Jun 2000 Tohmatsu Tax Accountant Corporation (now Deloitte Tohmatsu Tax Co.), Representative Member Jun 2004 Same company, General Manager, Corporate Services Division, Tokyo Office Oct 2010 Same company, Head of Tokyo Office Nov 2010 Same company, Chairman Sep 2013 Same company, Chairman (retired) Oct 2013 Same company, Senior Advisory Partner Nov 2014 Resigned from Tohmatsu Tax Accountant Corporation upon withdrawal as member Dec 2014 Same company, Senior Advisor Jun 2015 Same company, Senior Advisor (retired) Dec 2015 F-Power Co., Ltd., Outside Audit & Supervisory Board Member Jun 2016 Seiki Co., Ltd., Outside Audit & Supervisory Board Member (current) Jun 2018 Social Welfare Corporation Kokoromiru-kai, Auditor (current) Mar 2022 the Company, Outside Director (current)
1955-12-29
Satoshi KAMIYAMA
Full-time Audit & Supervisory Board Member
Apr 1985 Nomura Securities Co., Ltd. Dec 1993 Same company, Capital Markets Department Jul 2005 Same company, Syndicate Department Jul 2007 Same company, Internal Audit Department Dec 2013 Nomura Trust and Banking Co., Ltd., General Manager, Internal Audit Department Apr 2020 Nomura Securities Co., Ltd., Inspection Department Apr 2024 Same company, Compliance Monitoring Department Jun 2025 the Company, Full-time Outside Audit & Supervisory Board Member (current)
1961-04-02
Yasutake AOKI
Audit & Supervisory Board Member
Dec 2004 Tohmatsu Audit Corporation (now Tohmatsu LLC) Mar 2021 Yasutake Aoki Certified Public Accountant and Tax Accountant Office (current) Dec 2021 the Company, Outside Audit & Supervisory Board Member (current)
1979-05-07
Kiyotaka HAYASHI
Audit & Supervisory Board Member
Apr 1979 Nomura Securities Co., Ltd. Dec 1997 Same company, Manager, Toyama Branch Jun 2000 Same company, General Manager, Corporate Development Department Apr 2002 Same company, General Manager, Corporate Finance Department Apr 2009 Nomura Investor Relations Co., Ltd., seconded, Director Apr 2012 Same company, Managing Director Apr 2015 Pronexus Inc., seconded, General Manager, Business Development Department Dec 2016 Transferred to Pronexus Inc. Dec 2018 Same company, Executive Officer Jun 2021 Same company, Managing Executive Officer, General Manager, Solutions Business Division Jun 2023 Retired from Pronexus Inc. Jul 2023 SBI Holdings, Inc., seconded to SBI Arapromo Co., Ltd., Director Jun 2024 the Company, Audit & Supervisory Board Member (current) Mar 2025 Anges, Inc., Outside Audit & Supervisory Board Member (current)
1956-12-28
Large Shareholding Reports
SBI Non-Bank Holdings Co., Ltd.
2026-04-10
63.45%→62.25%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-03-31): 61.96%
SBI Non-Bank Holdings Co., Ltd.
2026-04-08
63.45%→62.25%
Annual report (as of 2026-03-31): 61.96%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-29
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-04-10
Change Report
EDINET
2026-04-08
Large Shareholding Report
TDnet
2026-01-29
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-29
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-30
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-29
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-25
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-26
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →