Source disclosure: February 06, 2026

Tokyo Century Corporation [8439.T]

TOKYO, Feb 6 (Pulse News Wire) -- Tokyo Century Corporation (8439.T), a leading leasing company based in Japan, reported on Monday its third-quarter earnings for the fiscal year ending March 2026, highlighting significant growth across various business segments. The company's net income surged to ¥115.9 billion, marking a substantial increase of ¥43.9 billion compared to the same period last year, or a rise of 60.9%. This robust performance was bolstered by a one-time insurance settlement related to Russia, amounting to ¥55.7 billion after taxes.

The company’s core operating profit also showed strong gains, increasing by ¥6 billion over the previous quarter. Despite this impressive performance, Tokyo Century anticipates recording a risk buffer of ¥32 billion in the fourth quarter as part of maintaining and enhancing its financial health for future growth. The firm aims to address structural changes such as the advent of the AI era and energy transitions through strategic partnerships and investments.

In addition to these achievements, Tokyo Century announced plans to expand its domestic utility-scale battery storage business, committing approximately 500 MW of investment. Furthermore, the company is accelerating its transformation towards a new organizational structure designed to better align with customer needs and societal challenges. This includes reorganizing its existing five business sectors into an integrated system that promotes organic collaboration among different units.

Tokyo Century has also been expanding its strategic cooperation in data center operations in the United States with NTT Data Group since June 2021. The joint venture leverages both companies' strengths to enhance profitability and achieve high EBITDA margins. As of September 2025, Tokyo Century holds an 80% stake in the project, which has seen steady cash flow generation post-launch despite initial capital cost burdens during development phases.

Regarding the Russian litigation settlement, the company received additional compensation totaling $147 million in the third quarter, bringing the total settlement to $545 million. These settlements were made with all insurers involved in the lawsuit filed against war policies in California, USA. The company had previously disclosed a settlement of $398 million in May 2023, which increased due to further negotiations.

Overall, Tokyo Century's diversified approach to business expansion and strategic adjustments underscores its commitment to navigating complex market dynamics while ensuring long-term sustainability and growth.

This disclosure could not be fully translated automatically. View original filing (Japanese) • Terms