TOKYO, Apr 30 (Pulse News Wire) – Rent Co., Ltd. (372A.T) held its third quarter earnings briefing for institutional investors and analysts on April 24, April 30, 2026.
During the session, President Akira Okada addressed concerns over profitability and the impact of Middle East dynamics on operations. Okada stated that while the company continues efforts toward sustainable growth, costs associated with these initiatives persist. Due to uncertainties such as volatile Middle Eastern conditions and exchange rate fluctuations, the firm maintains its previous earnings forecasts without significant upward revisions. Regarding the strong performance of Value Plus Services, which saw a 9.5% increase in sales compared to the same period last year, Okada highlighted growing demand for safety measures, environmental compliance, labor reduction solutions, and health considerations in construction sites.
He also noted increased interest in addressing workforce shortages through innovative machinery and services, alongside exploring overseas network collaborations for comprehensive solutions. On the impact of Middle East developments, Okada outlined both positive and negative effects. Negative impacts include rising prices for materials like paints and oils, higher fuel costs leading to increased logistics expenses, and potential delays in projects due to supply chain disruptions. Positive aspects involve heightened demand for biofuel-powered equipment and a shift towards more efficient resource utilization, potentially boosting long-term rental needs.
Additionally, the company sees opportunities in the secondary market for used equipment, driven by price increases and supply constraints in new machinery markets.
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