TOKYO, Apr 10 (Pulse News Wire) – Ondeck CO.,LTD. (7360.T) reported a revenue decline of 56.4% to ¥105 million in the first quarter of fiscal year 2026 compared to the same period last year.
Operating profit fell to a loss of ¥116 million due to prolonged deal closure times and delayed contract signings. Despite the drop, the company expects future quarters to show improved performance based on a robust pipeline of pending deals. The firm's backlog includes 23 new mandates, up slightly from the previous year.
Ondeck plans to focus on converting these opportunities into completed transactions to meet its annual targets. Additionally, the company anticipates hiring eight consultants in the second quarter to bolster its advisory capabilities. Looking ahead, Ondeck aims to achieve long-term growth through organic integration of its three main businesses—advisory, investment, and consulting—with a target Compound Annual Growth Rate (CAGR) of 20%.
Strategies include enhancing organizational structures, leveraging technology tools, and expanding its network of partnerships to drive higher transaction volumes and average fee rates.
🟡 Confidence: Standard AI-translated content.