Slides
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1Q FY2026 Consolidated Financial Results Presentation ( for the three months ended June 30 , 2026 ) Mitsubishi HC Capital Inc. August 7 , 2026 ✰ MITSUBISHI HC CAPITAL
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1 Terms used in this presentation Definitions Asset-related gain/loss Net gains/losses from sales of owned assets, impairment, and other related items, including mark-to-market valuation in the Customer Solutions, Environment & Energy, Aviation, Logistics, and Real Estate segments, on a gross profit basis Income gain Gross profit excluding asset-related gain/loss, plus non-operating income/loss excluding gains on recoveries of written-off receivables Net income Quarterly or full-year net income attributable to owners of the parent ROA Net income divided by average total assets at the beginning and end of the fiscal year ROE Net income divided by average net assets* at the beginning and end of the fiscal year *Net assets excluding share acquisition rights and non-controlling interests Segment assets Total assets by segment Abbreviations of company names MHC Mitsubishi HC Capital MHCUK Mitsubishi HC Capital UK (leasing and finance company in Europe) MHCA Mitsubishi HC Capital America (leasing and finance company in North America) EE European Energy (renewable and next-generation energy company) JSA Jackson Square Aviation (aircraft leasing company) elfc Engine Lease Finance (aircraft engine leasing company) CAI CAI International (marine container leasing company) PNW PNW Railcars (railcar leasing company) Gross profit Net gains/losses from sales of owned assets in certain segments Impairment and other related items including mark-to-market valuation in certain segments Gross profit excluding the above Selling, general and administrative expenses Operating income Non-operating income/loss Gains on recoveries of written-off receivables Non-operating income/loss excluding gains on recoveries of written-off receivables Recurring income Reference: Illustrative definitions of asset-related gain/loss and income gain Asset-related gain/loss Income gain Income statement (Excerpt)
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2 Highlights Net income for 1Q FY2026 was ¥31.6 billion, down ¥2.8 billion (8.2%) YoY , mainly due to lower gains on asset sales, excluding the prior-year one-off profit of ¥22.8 billion resulting from subsidiaries’ fiscal period changes. Including the fiscal period change impact, net income fell ¥25.6 billion (44.8%) YoY . As of 1Q-end, the impact of ongoing instability in the Middle East on our earnings remains limited. Given the continued uncertainty, we are monitoring the situation closely. Progress against the full-year forecast was 19.8%, reflecting the low share of planned asset sales in 1Q. Results were broadly in line with our plan. Net income 1Q FY2026 Results ¥31.6bn YoY Change (excl. fiscal period change impact) -¥2.8bn (-8.2%) FY2026 Forecast ¥160bn* Progress 19.8% Comments * Assumed FX rates: USD/JPY = 150, GBP/JPY = 205. FX sensitivity: a ¥1 depreciation of the yen against the USD raises net income by approximately ¥460 million, and against the GBP by approximately ¥110 million.
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3 04｜Reference information 03｜FY2026 financial forecast Agenda 02｜Segment updates 01｜1Q FY2026 financial results
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左矢印付きの円単色塗り つ ぶ し Back to Agenda Back to Agenda 04｜Reference information 02｜Segment updates 01｜1Q FY2026 financial results 03｜FY2026 financial forecast
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5 (a) (b) (c)=(b)-(a) (d)=(c)/(a) (e) (¥ in billions) End of FY2025 End of 1Q FY2026 Vs. end of FY2025 Change Change (%) Change (excl. FX impact*2) 5 Total assets (Segment assets*1) 13,089.5 13,314.4 +224.8 +1.7% +92.8 6 Equity ratio 15.2% 15.1% -0.1pt - - (a) (b) (c) (d)=(c)-(b) (e)=(d)/(b) (f) (¥ in billions) 1Q FY2025 1Q FY2026 YoY (excl. fiscal period change impact) Excl. fiscal period change impact Change Change (%) Change (excl. FX impact*2) 1 Income gain 129.9 98.6 102.9 +4.3 +4.4% -1.5 2 Asset-related gain/loss 18.1 14.5 8.4 -6.1 -42.1% -6.4 3 Net income 57.2 34.4 31.6 -2.8 -8.2% -4.6 4 New transactions volume 745.1 702.0 918.5 +216.5 +30.8% +159.6 4 1 3 2 1Q FY2026 financial results YoY change factors Income gain ✓ Increased, excluding the prior-year fiscal period change impact 1 Net income ✓ Declined mainly due to lower asset-related gain/loss, partially offset by lower credit costs, particularly in the Global Customer Business segment 3 Total assets ✓ Increased from the prior fiscal year-end, driven by asset growth mainly in the Aviation and Real Estate segments, as well as the FX impact 4 Asset-related gain/loss ✓ Declined mainly due to the absence of large prior-year gains on asset sales in the Real Estate segment ✓ The majority of gains on asset sales are expected to be recognized in the second half 2 *1 Effective from FY2026, the scope of assets included in segment assets was revised (see page 8 for details). *2 Impact of YoY changes in foreign exchange rates applied to the consolidation of overseas subsidiaries (see page 38 for the applicable FX rates).
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6 57.2 34.4 -22.8 -1.5 -6.4 +2.2 -0.6 -0.1 +1.9 +1.8 31.6 1Q FY2025 FPC impact 1Q FY2025 (excl. FPC impact) Income gain Asset- related gain/loss Credit costs Operating expenses Extraordinary income/ loss Other costs (taxes, etc.) FX impact 1Q FY2026 1Q FY2026 net income vs. 1Q FY2025*1 1 3 4 5 6 -¥25.6bn YoY *1 Figures from “Income gain” through “Extraordinary income/loss” are presented on a pre-tax basis. Taxes are included in “Other costs (taxes, etc.)”. *2 FPC impact: fiscal period change impact. YoY figures are calculated against prior-year figures excluding the fiscal period change impact. 7 ✓ Aviation -¥2.8bn Lower leasing revenues due to an increase in off-lease aircraft following returns from a specific airline ✓ Environment & Energy -¥1.5bn Higher equity-method loss from EE ✓ Real Estate +¥1.2bn Increase driven by asset growth ✓ Multiple segments Lower tax expenses reflecting lower profit ✓ Global Customer Business +¥3.6bn Lower costs in the Americas’ commercial truck business and the absence of prior-year restructuring costs in Asia & Oceania ✓ Real Estate -¥1.4bn The absence of a prior-year reversal of general credit provisions ✓ Real Estate -¥5.8bn The absence of large prior-year gains on asset sales Credit costs3 Asset-related gain/loss2 Income gain1 Other costs (taxes, etc.)6 -¥2.8bn YoY (excl. FPC impact*2) 1Q FY2026 net income vs. 1Q FY2025 YoY change factors*4 (+/-: impact on net income) *3 FX impact on net income *4 Figures exclude FX impact. (¥ in billions) (a) (b) (c) (d)=(c)-(b) (e) (f)=(e)-(b) 1Q FY2025 1Q FY2026 YoY Excl. FX impact Excl. FPC impact*2 1Q FY2026 YoY Income gain 129.9 98.6 102.9 +4.3 97.0 -1.5 Asset-related gain/loss 18.1 14.5 8.4 -6.1 8.1 -6.4 Credit costs 7.6 7.6 5.9 -1.6 5.4 -2.2 Operating expenses 60.7 55.2 58.9 +3.7 55.8 +0.6 Extraordinary income/loss 0.1 0.1 - -0.1 - -0.1 Other costs (taxes, etc.) 22.5 16.0 14.8 -1.1 14.0 -1.9 Net income 57.2 34.4 31.6 -2.8 29.8 -4.6 FX impact*3 1.8 1 2 3 4 5 6 7 *2 *2 *3 Positive factors Negative factors(¥ in billions) 2
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左矢印付きの円単色塗り つ ぶ し Back to Agenda Back to Agenda 04｜Reference information 03｜FY2026 financial forecast 02｜Segment updates 01｜1Q FY2026 financial results
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8 Changes in segment financial reporting from FY2026 ✓ Effective from FY2026, we revised the basis of calculation for segment profit and segment assets. Segment profit: The allocation method for certain expenses, including interest expense and certain head office expenses, was revised. Accordingly, prior-year segment figures have been retrospectively restated. The revision has no impact on consolidated net income (total of segment profits). Segment assets: Revised the scope of segment assets from “operating assets, equity-method investments, goodwill, investment securities and other assets” to “total assets” for each segment. Prior year-end segment figures have been retrospectively restated accordingly. 1 2 *1 Includes figures of the former Mobility segment *2 Includes cash and deposits, advance payments, intangible assets, etc. (¥ in billions) Segment profit for 1Q FY2025 Previous Restated Variance Customer Solutions 9.0 9.2 +0.2 Global Customer Business 1.0 0.9 0.0 Environment & Energy -1.0 -0.7 +0.3 Aviation 19.0 18.9 0.0 Logistics*1 14.8 14.6 -0.1 Real Estate 7.3 7.3 0.0 Adjustments 7.0 6.8 -0.1 Total segment profit 57.2 57.2 - (¥ in billions) Segment assets as of the end of FY2025 Previous Restated Variance Customer Solutions 3,132.6 3,310.6 +178.0 Global Customer Business 3,495.7 3,683.3 +187.6 Environment & Energy 512.4 621.7 +109.2 Aviation 2,745.0 3,021.9 +276.9 Logistics*1 1,382.3 1,412.6 +30.2 Real Estate 750.3 830.5 +80.2 Adjustments 16.3 208.6 +192.2 Total segment assets 12,034.9 13,089.5 +1,054.5 Other (cash & deposits etc.)*2 1,054.5 - -1,054.5 Total assets 13,089.5 13,089.5 - 1 2 Impact of the retrospective restatement of segment figures
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9 -0.1 2.9 7.3 9.2 -3.2 6.3 9.1 -0.6 7.3 8.4 9.9 -0.7 0.9 9.2 7.5 6.2 8.9 1Q FY2026 segment profit vs. 1Q FY2025 1Q FY2026 segment profit vs. 1Q FY2025 (¥ in billions) Segment profit/loss YoY change factors (a) (b) (c) (d)=(c)-(b) 1Q FY2025 1Q FY2026 YoYExcl. FPC impact* Customer Solutions 9.2 9.2 9.1 -0.1 【＋】 【 - 】 The absence of a prior-year provision for general credit losses Lower gains on real estate sales Global Customer Business 0.9 0.9 6.3 +5.4 【＋】 Lower credit costs in the Americas’ commercial truck business and the absence of prior-year restructuring costs in Asia & Oceania Environment & Energy -0.7 -0.7 -3.2 -2.5 【 - 】 Higher equity-method loss from EE Aviation 18.9 9.9 9.2 -0.7 【＋】 【 - 】 Higher gains on aircraft and engine sales Lower leasing revenue due to an increase in off- lease aircraft following returns from a specific airline Logistics 14.6 8.4 7.3 -1.0 【 - 】 Lower gains on railcar sales Real Estate 7.3 7.3 2.9 -4.3 【 - 】 The absence of large prior-year gains on asset sales Adjustments 6.8 -0.6 -0.1 +0.4 - Total 57.2 34.4 31.6 -2.8 FPC impact* 22.8 1Q FY2025 1Q FY2026 34.4 57.2 31.6 * FPC impact: fiscal period change impact. YoY figures are calculated against prior-year figures excluding the fiscal period change impact.
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10 9.2 +0.2 -0.4 +0.3 -0.2 0.0 0.0 9.1 1Q FY2025 Income gain Asset- related gain/loss Credit costs Operating expenses Extraordinary income/ loss Other costs (taxes, etc.) 1Q FY2026 -¥0.1bn YoY 1Q FY2025* 1Q FY2026 Customer Solutions (¥ in billions) 1Q FY2025* 1Q FY2026 YoY Income gain 28.7 28.9 +0.2 Asset-related gain/loss 1.3 0.9 -0.4 Credit costs 0.7 0.4 -0.3 Operating expenses 15.8 16.1 +0.2 Extraordinary income/loss 0.0 - 0.0 Other costs (taxes, etc.) 4.2 4.2 0.0 Segment profit 9.2 9.1 -0.1 Segment assets (¥ in billions) End of FY2025 End of 1Q FY2026 Vs. end of FY2025 Total 3,310.6 3,309.7 -0.9 Leasing 2,521.0 2,538.0 +17.0 Installment sales and loans 416.5 406.9 -9.6 Other 373.1 364.8 -8.3 1Q FY2026 segment profit vs. 1Q FY2025 YoY change factors (+/−: impact on segment profit) Asset-related gain/loss (−) Lower gains on real estate sales Credit costs (+) The absence of a prior-year provision for general credit losses Income gain and asset-related gain/loss trends (¥ in billions) 1 2 3 4 5 6 (¥ in billions) * Retrospectively restated based on the revised methodology described on page 8; however, the restated figures for FY2025 (full-year) are preliminary and unaudited. 1 2 3 4 5 6 Income gain Asset-related gain/loss ( gain/loss on sales + impairment losses, etc.) 114.8 111.2 115.0 2.4 2.2 5.0 117.3 113.4 120.0 28.7 28.9 1.3 0.9 30.0 29.8 FY2023 FY2024 FY2025* 2 3 Positive factors Negative factors
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11 YoY change factors (+/−: impact on segment profit) Income gain (+) Higher gains driven by business growth in Europe Credit costs (+) Lower costs in the Americas’ commercial truck business (+) The absence of prior-year business restructuring costs in Asia & Oceania (+¥0.8bn) 0.9 +1.1 +3.6 +0.5 0.0 -0.6 +0.6 6.3 1Q FY2025 Income gain Credit costs Operating expenses Extraordinary income/ loss Other costs (taxes, etc.) FX impact 1Q FY2026 19.4 23.6 10.3 11.0 2.7 2.9 0.9 0.6 33.5 38.3 (¥ in billions) 1Q FY2025*3 1Q FY2026 YoY Excl. FX impact 1Q FY2026 YoY Income gain 33.5 38.3 +4.8 34.6 +1.1 Credit costs 7.9 4.7 -3.2 4.2 -3.6 Operating expenses 23.2 24.9 +1.7 22.6 -0.5 Extraordinary income/loss - - - - - Other costs (taxes, etc.) 1.4 2.3 +0.8 2.0 +0.6 Segment profit 0.9 6.3 +5.4 5.7 +4.7 FX impact*2 0.6 Segment assets (¥ in billions) End of FY2025 End of 1Q FY2026 Vs. end of FY2025 Excl. FX impact End of 1Q FY2026 Vs. end of FY2025 Total 3,683.3 3,755.5 +72.2 3,693.0 +9.7 Europe (MHCUK) 2,229.8 2,296.3 +66.4 2,253.4 +23.5 Americas (MHCA) 1,100.9 1,096.7 -4.2 1,079.8 -21.1 Asia & Oceania 292.8 303.0 +10.1 301.7 +8.8 Other (incl. China) 59.7 59.4 -0.2 58.1 -1.5 Global Customer Business*1 (1) Income gain trends (¥ in billions) 1Q FY2026 segment profit vs. 1Q FY2025 *1 These results represent the Global Customer Business segment and do not include overseas businesses in the Aviation, Logistics, or other segments. *2 FX impact on segment profit. (¥ in billions) +¥5.4bn YoY *2 1 2 3 4 5 6 1 2 3 4 5 6 Other (incl. China) Asia & Oceania Americas Europe 1Q FY2025*3 1Q FY2026FY2023 FY2024 FY2025*3 *3 Retrospectively restated based on the revised methodology described on page 8; however, the restated figures for FY2025 (full-year) are preliminary and unaudited. Notable items (pretax income basis) 1Q FY2025 (−) Restructuring costs in Asia & Oceania (credit costs and operating expenses): approx. ¥1.1bn 1 2 Positive factors Negative factors 71.8 75.9 87.6 46.4 46.6 42.7 11.5 12.0 11.36.5 5.3 2.3136.3 139.9 144.1
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12 Key figures (¥ in billions) 1Q FY2025*2 1Q FY2026 YoY Excl. FX impact 1Q FY2026 YoY Europe (MHCUK) Income gain 19.4 23.6 +4.2 21.3 +1.8 Credit costs 2.2 2.5 +0.2 2.2 0.0 Operating expenses 12.5 14.3 +1.7 12.9 +0.4 Extraordinary income/loss - - - - - Other costs (taxes, etc.) 1.2 1.7 +0.5 1.6 +0.3 Segment profit 3.3 4.9 +1.6 4.4 +1.1 FX impact*1 0.5 Americas (MHCA) Income gain 10.3 11.0 +0.7 10.0 -0.3 Credit costs 3.6 2.3 -1.3 2.0 -1.5 Operating expenses 7.4 8.0 +0.5 7.2 -0.1 Extraordinary income/loss - - - - - Other costs (taxes, etc.) -0.1 0.2 +0.3 0.2 +0.3 Segment profit -0.5 0.4 +1.0 0.4 +0.9 FX impact*1 0.0 1Q FY2025*2 1Q FY2026 YoY Excl. FX impact 1Q FY2026 YoY Asia & Oceania Income gain 2.7 2.9 +0.1 2.6 0.0 Credit costs 1.4 0.2 -1.2 0.2 -1.2 Operating expenses 2.1 1.8 -0.3 1.7 -0.4 Extraordinary income/loss - - - - - Other costs (taxes, etc.) 0.3 0.2 0.0 0.2 0.0 Segment profit -1.1 0.5 +1.7 0.4 +1.6 FX impact*1 0.0 Other (incl. China) Income gain 0.9 0.6 -0.2 0.5 -0.3 Credit costs 0.6 -0.3 -0.9 -0.3 -0.9 Operating expenses 1.0 0.6 -0.3 0.6 -0.3 Extraordinary income/loss - - - - - Other costs (taxes, etc.) 0.0 0.0 0.0 0.0 0.0 Segment profit -0.6 0.3 +1.0 0.3 +0.9 FX impact*1 0.0 *1 FX impact on segment profit. *2 Retrospectively restated based on the revised methodology described on page 8 Global Customer Business (2)
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13 0.7 -1.0 0.7 -1.0 -0.7 -1.5 0.0 0.0 -0.3 0.0 -0.4 -0.2 -3.2 1Q FY2025 Income gain Asset- related gain/loss Credit costs Operating expenses Extraordinary income/ loss Other costs (taxes, etc.) FX impact 1Q FY2026 13.4 7.9 2.2 7.3 3.9 1.5 -5.8 -4.0 -0.5 15.0 7.8 3.2 (¥ in billions) 1Q FY2025*2 1Q FY2026 YoY Excl. FX impact 1Q FY2026 YoY Income gain 0.7 -1.0 -1.8 -0.8 -1.5 Asset-related gain/loss - 0.0 0.0 0.0 0.0 Credit costs 0.0 0.0 0.0 0.0 0.0 Operating expenses 1.8 2.1 +0.3 2.1 +0.3 Extraordinary income/loss 0.0 - 0.0 - 0.0 Other costs (taxes, etc.) -0.3 0.1 +0.4 0.0 +0.4 Segment profit -0.7 -3.2 -2.5 -3.0 -2.2 FX impact*1 -0.2 Environment & Energy (1) 1Q FY2026 segment profit vs. 1Q FY2025 Income gain and asset-related gain/loss trends (¥ in billions) YoY change factors (+/−: impact on segment profit) Income gain (−) Higher equity-method loss from EE (approx. -¥2.1bn) Notable items (pretax income basis) 1Q FY2026 (−) Equity-method loss from EE: approx. ¥2.3bn *1 FX impact on segment profit *2 Retrospectively restated based on the revised methodology described on page 8; however, the restated figures for FY2025 (full -year) are preliminary and unaudited. Positive factors Negative factors(¥ in billions) -¥2.5bn YoY 1 2 3 4 5 6 7 *1 7 1 2 3 4 5 6 Income gain Asset-related gain/loss ( gain/loss on sales + impairment losses, etc.) 1Q FY2025*2 1Q FY2026FY2023 FY2024 FY2025*2 1 Segment assets (¥ in billions) End of FY2025 End of 1Q FY2026 Vs. end of FY2025 Excl. FX impact End of 1Q FY2026 Vs. end of FY2025 Total 621.7 616.2 -5.4 615.9 -5.7 Japan 373.5 378.4 +4.9 378.4 +4.9 Overseas 248.2 237.8 -10.4 237.5 -10.6
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14 Solar power 35.2% Wind power 27.2% Wind power 29.4% MHC Group’s share of operating renewable energy capacity (MW) End of FY2025 End of 1Q FY2026 Vs. end of FY2025 Total 1,760 1,877 +117 Japan 1,288 1,377 +89 Solar power 1,041 1,124 +83 Wind power 217 223 +5 Other 28 28 - Overseas 472 500 +28 Solar power 175 205 +29 Wind power 285 283 -1 Other 11 11 0 Environment & Energy (2) Renewable energy market environment in our operating regions (1) Japan (2) Overseas Breakdown of operating renewable energy capacity (end of 1Q FY2026) Japan （Solar/ Onshore wind） Short-term ✓ New development is becoming increasingly challenging amid rising material costs, higher interest rates, tighter mega-solar regulations, and fewer suitable sites. ✓ Most operating plants have fixed electricity prices under the FIT scheme, resulting in limited volatility except for weather-related disruptions, equipment failures, and repair work. Mid- to long-term ✓ Renewables remain a primary power source under the Japanese government’s 7th Strategic Energy Plan, supporting further expansion of renewable energy deployment and battery storage toward carbon neutrality by 2050. ✓ Fewer sites and longer lead times will persist, but replacement demand and local production and consumption are set to grow. Short-term ✓ Grid and permitting delays are extending development timelines, and surplus power is driving negative prices and higher curtailment. ✓ Efforts to improve project certainty and profitability—such as securing grid connections and refining sales strategies—are increasingly important. Mid- to long-term ✓ Renewable demand is set to grow on electrification, AI/data centers, decarbonization, and energy security. ✓ As renewable energy deployment expands, the importance of battery storage for balancing supply and demand and stabilizing the grid is increasing. Co-located storage projects are expected to expand. Europe （Solar/ Onshore wind）Japan 1.3GW Other 2.3% Solar power 5.9% Overseas 0.5GW EE 65% Non-EE 35% Solar power 81.7% Wind power 16.2% Other 2.1%
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15 18.9 9.9 -8.9 -2.8 +1.6 -0.4 -0.5 0.0 +0.8 +0.6 9.2 1Q FY2025 FPC imapact 1Q FY2025 (excl. FPC impact) Income gain Asset- related gain/loss Credit costs Operating expenses Extraordinary income/ loss Other costs (taxes, etc.) FX impact 1Q FY2026 19.3 17.7 1.6 4.4 10.9 3.0 -0.8 34.9 21.3 39.9 62.7 89.67.7 15.6 14.1 6.3 10.9 5.6 3.0 -2.7 -4.5 -14.6 44.9 85.7 103.1 Segment assets (¥ in billions) End of FY2025 End of 1Q FY2026 Vs. end of FY2025 Excl. FX impact End of 1Q FY2026 Vs. end of FY2025 Total 3,021.9 3,134.5 +112.5 3,086.9 +64.9 Aircraft leasing (JSA) 2,077.0 2,150.8 +73.8 2,117.6 +40.5 Engine leasing (elfc) 895.2 930.0 +34.8 915.6 +20.4 Aircraft leasing (MHC) 49.7 53.6 +3.9 53.6 +3.9 Income gain and asset-related gain/loss trends (¥ in billions) 1Q FY2026 segment profit vs. 1Q FY2025 (¥ in billions) 1Q FY2025*3 1Q FY2026 YoY Excl. FX impact Excl. FPC impact*1 1Q FY2026 YoY Income gain 30.2 19.3 17.7 -1.5 16.4 -2.8 Asset-related gain/loss 4.6 1.6 3.6 +1.9 3.3 +1.6 Credit costs 0.2 0.2 0.7 +0.5 0.6 +0.4 Operating expenses 8.4 5.9 6.9 +1.0 6.4 +0.5 Extraordinary income/loss - - - - - - Other costs (taxes, etc.) 7.3 4.8 4.3 -0.4 4.0 -0.8 Segment profit 18.9 9.9 9.2 -0.7 8.5 -1.4 FX impact*2 0.6 *1 Aviation (1) *1 FPC impact: fiscal period change impact. YoY figures are calculated against prior-year figures excluding the fiscal period change impact. *2 FX impact on segment profit YoY change factors (+/−: impact on segment profit) Income gain (−) Lower leasing revenue due to an increase in off-lease aircraft following returns from a specific airline Asset-related gain/loss (+) Higher gains on aircraft and engine sales Positive factors Negative factors(¥ in billions) -¥0.7bn YoY (excl. FPC impact*1) *1 *3 Retrospectively restated based on the revised methodology described on page 8; however, the restated figures for FY2025 (full-year) are preliminary and unaudited. 1 2 3 4 5 6 7 *2 7 1 2 3 4 5 6 1Q FY2025*3 1Q FY2026FY2023 FY2024 FY2025*3 Income gain ( FPC impact*1, excl. FPC impact*1) Asset-related gain/loss (gain/loss on sales ( FPC impact*1, excl. FPC impact*1) + impairment losses, etc.) 1 2
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16 Americas 33.2% Asia & Oceania 32.0% Europe 30.3% Middle East & Others 4.5% Narrow Body*3 80.9% Other 19.1% Americas 42.8% Europe 29.7% Asia & Oceania 18.4% Middle East & Others 9.1% (1) Aircraft by type/region (2) Aircraft engines by region Breakdown of owned aviation assets (end of 1Q FY2026) Number of owned aircraft Number of owned aircraft engines *1 Percentage of new-type aircraft and engines, defined as fuel-efficient models with lower CO₂ emissions than older models. Examples include A320neo, B737MAX aircraft, and PW1100G, LEAP-1A/1B engines. *2 The figures as of March 31, 2026 have been retrospectively restated to reflect the correction of certain calculation errors. Owned aviation assets End of FY2025 End of 1Q FY2026 Vs. end of FY2025 Number of aircraft (JSA) 344 343 -1 Owned aircraft 247 252 +5 Aircraft purchased/sold 21/22 11/6 - Aircraft to be delivered 97 91 -6 Average age (JSA) 5.5 years*2 5.4 years -0.1 year Average remaining lease term (JSA) 6.8 years 6.8 years 0.0 years Percentage of new-type aircraft (JSA)*1 78.9% 79.9% +1.0pt Number of aircraft engines (elfc) 428 434 +6 Percentage of new-type engines (elfc)*1 82.8%*2 84.2% +1.4pt Aviation (2) Book value basis Book value basis Book value basis 204 224 248 247 252 End of FY2022 End of FY2023 End of FY2024 End of FY2025 End of 1Q FY2026 339 390 400 428 434 End of FY2022 End of FY2023 End of FY2024 End of FY2025 End of 1Q FY2026 *3 Single-aisle aircraft primarily used for short-distance flights.
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17 14.6 8.4 -6.2 +0.1 -1.9 0.0 -0.3 0.0 +0.7 +0.4 7.3 1Q FY2025 FPC imapact 1Q FY2025 (excl. FPC impact) Income gain Asset- related gain/loss Credit costs Operating expenses Extraordinary income/ loss Other costs (taxes, etc.) FX impact 1Q FY2026 11.5 12.3 2.7 0.8 10.6 0.6 25.5 13.2 35.0 42.8 44.3 5.2 5.0 3.8 10.6 0.6 -0.6 40.3 47.8 58.7 Income gain and asset-related gain/loss trends (¥ in billions) 1Q FY2026 segment profit vs. 1Q FY2025 Logistics (1) Segment assets (¥ in billions) End of FY2025 End of 1Q FY2026 Vs. end of FY2025 Excl. FX impact End of 1Q FY2026 Vs. end of FY2025 Total 1,412.6 1,439.7 +27.1 1,418.9 +6.3 Marine containers (CAI) 1,003.6 1,026.2 +22.6 1,010.4 +6.8 Railcars (PNW) 323.7 330.3 +6.5 325.2 +1.4 Mobility 71.1 71.7 +0.6 72.0 +0.9 Other (vessels, etc.) 14.1 11.3 -2.7 11.2 -2.9 (¥ in billions) 1Q FY2025*3 1Q FY2026 YoY Excl. FX impact Excl. FPC impact*1 1Q FY2026 YoY Income gain 22.1 11.5 12.3 +0.8 11.6 +0.1 Asset-related gain/loss 3.3 2.7 0.8 -1.8 0.7 -1.9 Credit costs 0.0 0.0 0.0 0.0 0.0 0.0 Operating expenses 6.5 3.5 4.0 +0.5 3.8 +0.3 Extraordinary income/loss 0.0 0.0 - 0.0 - 0.0 Other costs (taxes, etc.) 4.2 2.3 1.7 -0.5 1.6 -0.7 Segment profit 14.6 8.4 7.3 -1.0 6.9 -1.4 FX impact*2 0.4 *1 FPC impact: fiscal period change impact. YoY figures are calculated against prior-year figures excluding the fiscal period change impact. *2 FX impact on segment profit YoY change factors (+/−: impact on segment profit) Income gain (+) Higher equity-method income in the mobility business in Japan (−) Lower leasing revenue in the marine container business Asset-related gain/loss (−) Lower gains on railcar sales (¥ in billions) -¥1.0bn YoY (excl. FPC impact*1) 1 2 3 4 5 6 7 7 1 2 3 4 5 6 *1 *1 *2 1Q FY2025*3 1Q FY2026FY2023 FY2024 FY2025*3 Income gain ( FPC impact*1, excl. FPC impact*1) *3 Retrospectively restated based on the revised methodology described on page 8; however, the restated figures for FY2025 (full-year) are preliminary and unaudited. Asset-related gain/loss (gain/loss on sales ( FPC impact*1, excl. FPC impact*1) + impairment losses, etc.) 1 2 Positive factors Negative factors
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18 Owned logistics assets End of FY2025 End of 1Q FY2026 Vs. end of FY2025 Marine container fleet (1,000 TEUs*1) 3,811 3,825 +14 Marine container fleet (1,000 CEUs*2) 3,939 3,973 +34 Number of railcars 22,181 22,197 +16 Mobility vehicles under management (1,000 vehicles) 359 359 0 (Reference) MHC Group vehicles under management (1,000 vehicles) 647 649 +2 Number of marine containers Number of railcars Breakdown of owned logistics-related assets (end of 1Q FY2026) (1) Marine containers by asset type (2) Railcars by asset type *1 TEU (Twenty-foot Equivalent Unit): a standard unit for measuring container volume, based on a 20-foot dry container. *2 CEU (Cost Equivalent Unit): a cost-based measure of container volume, where 1 CEU corresponds to the cost of a 20-foot dry container. *3 Reefer container: a container for frozen or chilled products. Logistics (2) (1,000 CEUs) 3,610 3,423 3,798 3,939 3,973 End of FY2022 End of FY2023 End of FY2024 End of FY2025 End of 1Q FY2026 22,654 21,931 21,850 22,181 22,197 End of FY2022 End of FY2023 End of FY2024 End of FY2025 End of 1Q FY2026 Dry Containers 76.3% Reefer Containers*3 17.4% Special Containers 6.3% Covered Hoppers 46.7% Tank Cars 28.9% Other 24.4% 3,973K CEU 22,197 railcars
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19 YoY change factors (+/−: impact on segment profit) Income gain (+) Higher gains driven by asset growth Asset-related gain/loss (−) The absence of large prior-year gains on asset sales Credit costs (−) The absence of a prior-year reversal of general credit provisions 7.3 +1.2 -5.8 -1.4 -0.3 0.0 +2.0 0.0 2.9 1Q FY2025 Income gain Asset- related gain/loss Credit costs Operating expenses Extraordinary income/ loss Other costs (taxes, etc.) FX impact 1Q FY2026 Asset-related gain/loss (gain/loss on sales（ divestment-related gains*2, other gains on sales） + impairment losses, etc.) 1 Income gain and asset-related gain/loss trends (¥ in billions) 1Q FY2026 segment profit vs. 1Q FY2025 Notable items (pretax income basis) 1Q FY2025 (+) Reversal of general credit provisions: approx. ¥1.4bn Real Estate (1) *1 FX impact on segment profit *2 Gains related to divestment of a subsidiary (Miyuki Building) (¥ in billions) 1Q FY2025*2 1Q FY2026 YoY Excl. FX impact 1Q FY2026 YoY Income gain 2.4 3.6 +1.2 3.6 +1.2 Asset-related gain/loss 8.8 3.0 -5.8 3.0 -5.8 Credit costs -1.4 0.0 +1.4 0.0 +1.4 Operating expenses 1.6 2.0 +0.3 2.0 +0.3 Extraordinary income/loss - - - - - Other costs (taxes, etc.) 3.7 1.6 -2.0 1.6 -2.0 Segment profit 7.3 2.9 -4.3 2.9 -4.3 FX impact*1 0.0 Segment assets (¥ in billions) End of FY2025 End of 1Q FY2026 Vs. end of FY2025 Excl. FX impact End of 1Q FY2026 Vs. end of FY2025 Total 830.5 885.6 +55.0 885.3 +54.7 Japan 803.7 862.1 +58.4 862.1 +58.4 Finance business 253.2 293.1 +39.8 293.1 +39.8 Investment business 456.7 472.0 +15.3 472.0 +15.3 Other 93.7 96.9 +3.2 96.9 +3.2 Overseas 26.8 23.5 -3.3 23.1 -3.6 Positive factors Negative factors(¥ in billions) 2 3 4 5 6 7 -¥4.3bn YoY *1 Income gain 1Q FY2025*3 1Q FY2026FY2023 FY2024 FY2025*3 12.5 13.3 12.8 20.1 7.6 31.0 37.0 -9.8 -3.7 -2.3 22.9 54.3 41.5 2.4 3.6 9.0 3.0 -0.2 11.2 6.6 1 2 3 7 1 2 3 4 5 6 *3 Retrospectively restated based on the revised methodology described on page 8; however, the restated figures for FY2025 (full-year) are preliminary and unaudited.
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20 Tokyo Metropolitan Area 49.7% Osaka Metropolitan Area 17.6% Nagoya Metropolitan Area 11.0% Other Area 8.1% Offices 35.1% Logistics 30.8% Hotels 15.7% Residences 8.8% Commercial facilities 4.3% Other 5.3% Segment assets in Japan by asset type (end of 1Q FY2026)Segment assets by region (end of 1Q FY2026) New transactions volume (¥ in billions) Segment assets balance (¥ in billions) Real Estate (2) 5.8 56.6 12.5 20.3 18.4 77.0 1Q FY2025 1Q FY2026 Finance （Japan） Investment （Japan） Finance （Japan） Investment （Japan） Total ¥885.6bn Total ¥765.2bn Overseas 2.7%Japan (Other) 10.9% Japan (Finance &investment) ¥765.2bn （86%） Overseas ¥23.5bn （3%） Japan (Other) ¥96.9bn （11%） Total ¥885.6bn（100%） 155.4 177.7 233.0 253.2 293.1 157.1 209.3 287.4 456.7 472.0 312.6 387.0 520.4 710.0 765.2 End of FY2022 End of FY2023 End of FY2024 End of FY2025 End of 1Q FY2026 46.1 70.7 101.8 96.14.2 75.7 99.3 163.5 50.3 146.5 201.2 259.6 FY2022 FY2023 FY2024 FY2025
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04｜Reference information 03｜FY2026 financial forecast 02｜Segment updates 01｜1Q FY2026 financial results 左矢印付きの円単色塗り つ ぶ し Back to Agenda Back to Agenda
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22 ✓ 1Q net income represented 19.8% of the full-year forecast. This was broadly in line with our plan, as we expect to recognize the majority of gains on asset sales in the second half. ✓ As of 1Q-end, the impact of ongoing instability in the Middle East on our earnings remains limited. Given the continued uncertainty, we are monitoring the situation closely. FY2026 forecast FY2025 results FY2026 forecast* Change Change (%) 1 Net income (¥ in billions) 162.2 160.0 -2.2 -1.4％ 2 ROA 1.3% 1.2% -0.1pt - 3 ROE 8.6% 8.0% -0.6pt - 4 Annual dividend per share (Payout ratio) ¥46 (40.7%) ¥51 (45.8%) +¥5 (+5.1pt) - FY2026 financial forecast * Assumed FX rates: USD/JPY = 150, GBP/JPY = 205. FX sensitivity: a ¥1 depreciation of the yen against the USD raises net income by approximately ¥460 million, and against the GBP by approximately ¥110 million. Progress of segment profit (¥ in billions) 9.1 44.1 6.3 22.0 16.2 99.7 -0.1 -5.7 31.6 160.0 Customer Solutions Global Customer Business Specialized Business segments Adjustments Total Full-year forecast 1Q resultProgress: 20.7% Progress: 16.4% Progress: 29.1% Progress: 19.8%
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23 162.2 139.3 -22.8 +25.2 +13.2 +1.3 -17.5 +1.6 -3.2 -0.1 160.0 FY2025 (results) Fiscal period change impact FY2025 (excl. fiscal period change impact) Income gain Asset- related gain/loss Credit costs Operating expenses Extraordinary income/ loss Other costs (taxes, etc.) FX impact FY2026 (forecast) +¥20.6bn YoY Excluding the impact of fiscal period changes ✓ Customer Solutions (–) Higher sales-related expenses ✓ Specialized Businesses (–) Higher sales-related expenses in Aviation and Real Estate ✓ Customer Solutions (+) Increase in higher-margin businesses ✓ Specialized Businesses (+) Higher equity-method income in Environment & Energy YoY change factors (+/-: impact on net income) Income gain1 Credit costs3 Asset-related gain/loss2 Operating expenses4 Extraordinary income/loss5 ✓ Global Customer Business (+) Lower costs in the Americas ✓ Specialized Businesses (–) Absence of prior-year reversals in Real Estate and Aviation ✓ Customer Solutions (–) Lower gains on sale of investment securities ✓ Global Customer Business (+) Absence of prior-year losses in Europe ✓ Specialized Businesses (–) Absence of prior-year gains from step acquisitions in Environment & Energy and Real Estate FY2026 net income forecast vs. the prior year 1 2 3 4 5 6 7 Net income: FY2026 forecast vs. FY2025 (Reproduced from the FY2025 financial results presentation) (a) (b) (c) (d)=(b)-(c) (e) (f)=(e)-(b) (¥ in billions) FY2025 FY2025 (excl. fiscal period change impact) FY2026 Forecast YoY Excl. FX impact FY2026 Forecast YoY Income gain 450.1 418.8 444.4 +25.5 444.1 +25.2 Asset-related gain/loss 40.8 37.2 50.3 +13.0 50.4 +13.2 Credit costs 20.1 20.1 18.8 -1.2 18.8 -1.3 Operating expenses 234.8 229.2 247.0 +17.8 246.8 +17.5 Extraordinary income/loss -3.2 -3.2 -1.6 +1.6 -1.6 +1.6 Other costs (taxes, etc.) 70.6 64.0 67.2 +3.1 67.3 +3.2 Net income 162.2 139.3 160.0 +20.6 160.0 +20.6 Fiscal period change impact 22.8 FX impact* -0.1 * FX impact on net income 1 2 3 4 5 6 7 -¥2.2bn YoY ✓ Specialized Businesses (+) (–) Absence of prior-year impairment losses in Aviation Lower gains on asset sales in Real Estate (¥ in billions) Positive factors Negative factors *
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24 86.0 95.7 88.1 101.4 87.3 99.4 116.2 123.8 135.1 162.2 160.0 FY2016 FY2018 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 (Forecast) 8.8% 9.1% 8.0% 8.9% 7.3% 8.0% 8.2% 7.7% 7.8% 8.6% 8.0% 1.0% 1.1% 1.0% 1.0% 0.9% 1.0% 1.1% 1.1% 1.2% 1.3% 1.2% Trends in key metrics * Figures for FY2016 to FY2020 are simple sums of Mitsubishi UFJ Lease & Finance’s and Hitachi Capital’s figures. ROE* Net income* (¥ in billions) ROA*
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25 4.2 4.6 4.8 5.0 6.0 6.5 8.0 9.5 12.3 13.0 18.0 23.5 25.0 25.5 28.0 33.0 37.0 40.0 46.0 51.0 11.1% 57.4% 20.7% 17.4% 15.5% 16.0% 18.9% 19.2% 20.0% 21.8% 25.2% 30.4% 31.5% 41.1% 40.4% 40.8% 42.9% 42.5% 40.7% 45.8% FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 (forecast) Trends in dividends * Mitsubishi UFJ Lease & Finance’s results from FY2007 to FY2020. Annual dividend per share*(¥) Payout ratio*
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04｜Reference information 03｜FY2026 financial forecast 02｜Segment updates 01｜1Q FY2026 financial results 左矢印付きの円単色塗り つ ぶ し Back to Agenda Back to Agenda
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27 *1 Income gain excluding the impact of fiscal period changes / average total assets for the year *2 Adjusted asset-related gain/loss includes extraordinary gains/losses of a similar nature and excludes gains/losses related to subsidiary divestments Income gain and asset-related gain/loss trends ✓ Our business model is built on two earnings drivers—income gain and asset-related gain—both increasing steadily year over year. ✓ Income gain serves as our core earnings base, supported by asset-related gain consistently generated through asset turnover. *3 Income gain CAGR excluding the impact of fiscal period changes 313.5 340.8 354.8 389.9 418.8 22.2 22.2 26.0 38.8 37.2 3.9 10.5 31.3 5.6 3.6 3.1% 3.2% 3.2% 3.4% 3.4% 0.0 100 .0 200 .0 300 .0 400 .0 500 .0 FY2021 FY2022 FY2023 FY2024 FY2025 Annual trends in income gain and asset-related gain/loss (¥ in billions) Impact of fiscal period changes (income gain) Income gain Adjusted asset-related gain/loss*2 Income gain ROA*1 Impact of fiscal period changes (asset-related gain/loss)
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28 -1.00% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% ◼ The impact of rising interest rates on earnings is limited. ✓ Existing funding: Disciplined ALM management effectively controls asset-liability mismatch risks, including interest rate risk. ✓ New funding: Gradual rate increases, as currently seen in Japan ( ), can be passed through to lease rates with little time lag. However, rapid rate hikes, as seen in the U.S. in 2022–2023 ( ), may create a lag in passing higher market rates through to lease rates, posing a risk of a temporary decline in the profitability of new business. 2 1 0.25% 5.50% -0.10% Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 1.00% 3.75% 1 (Reference) Policy rate trends in Japan and the U.S. Impact of rising interest rates on earnings Japan (Overnight Call Rate) U.S. (Federal Funds Rate) Rapid interest rate hikes Gradual interest rate increases 2
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29 ✓ Effective from FY2025, elfc, CAI, and PNW (subsidiaries in the Aviation and Logistics segments) changed their fiscal year-ends from December to March. ✓ As a result, 1Q FY2025 covered six months (January through June 2025), generating an additional ¥22.8 billion in segment profit attributable to the transition period from January through March 2025: ¥8.9 billion in Aviation, ¥6.2 billion in Logistics, and ¥7.5 billion in Adjustments. Breakdown of the fiscal period change impact in 1Q FY2025 (¥ in billions) Aviation Logistics Adjustments Total Income gain +10.9 +10.6 +9.7 +31.3 Asset-related gain/loss +3.0 +0.6 - +3.6 Credit costs - 0.0 - 0.0 Operating expenses +2.5 +3.0 - +5.5 Extraordinary income/loss - - - - Other costs (taxes, etc.) +2.4 +1.9 +2.1 +6.5 Segment profit +8.9 +6.2 +7.5 +22.8 Summary of the fiscal period change impact in FY2025
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30 Segment profit (1) (by quarter) FY2025* FY2026 (¥ in billions) 1Q 2Q 3Q 4Q Full year 1Q YoY 1 Customer Solutions Income gain 28.7 28.0 27.1 31.1 115.0 28.9 +0.2 2 Asset-related gain/loss 1.3 0.3 0.6 2.6 4.9 0.9 -0.4 3 Recurring income 13.4 13.1 11.8 17.6 56.1 13.3 -0.1 4 Segment profit 9.2 9.1 10.7 12.7 41.9 9.1 -0.1 5 Global Customer Business Income gain 33.5 32.1 37.9 40.5 144.1 38.3 +4.8 6 Asset-related gain/loss - - - - - - - 7 Recurring income 2.3 2.4 10.9 10.9 26.6 8.7 +6.3 8 Segment profit 0.9 1.7 8.1 -2.7 8.0 6.3 +5.4 9 Environment & Energy Income gain 0.7 -1.4 1.1 1.7 2.2 -1.0 -1.8 10 Asset-related gain/loss - - -0.4 1.4 0.9 0.0 0.0 11 Recurring income -1.1 -2.8 -1.8 1.0 -4.6 -3.1 -2.0 12 Segment profit -0.7 -2.8 -2.7 3.0 -3.3 -3.2 -2.5 13 Aviation Income gain 30.2 18.7 27.9 23.7 100.6 17.7 -12.5 14 Asset-related gain/loss 4.6 -1.1 2.7 -3.8 2.4 3.6 -1.0 15 Recurring income 26.2 11.3 24.7 13.1 75.4 13.6 -12.6 16 Segment profit 18.9 8.2 18.0 8.9 54.1 9.2 -9.7 * Retrospectively restated based on the revised methodology described on page 8; however, the restated figures for 2Q through 4Q and full year are preliminary and unaudited.
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31 Segment profit (2) (by quarter) *1 The total differs from the sum of the six segments because it includes Adjustments representing MHC head office accounts. *2 Retrospectively restated based on the revised methodology described on page 8; however, the restated figures for 2Q through 4Q and full year are preliminary and unaudited. FY2025*2 FY2026 (¥ in billions) 1Q 2Q 3Q 4Q Full year 1Q YoY 17 Logistics Income gain 22.1 11.2 11.3 10.1 54.9 12.3 -9.8 18 Asset-related gain/loss 3.3 0.7 1.0 -1.3 3.7 0.8 -2.4 19 Recurring income 18.9 8.4 8.4 4.7 40.5 9.1 -9.8 20 Segment profit 14.6 6.6 6.5 4.0 31.9 7.3 -7.2 21 Real Estate Income gain 2.4 4.2 3.1 2.9 12.8 3.6 +1.2 22 Asset-related gain/loss 8.8 9.3 8.9 1.5 28.7 3.0 -5.8 23 Recurring income 11.0 11.5 10.1 2.5 35.3 4.6 -6.4 24 Segment profit 7.3 8.3 5.9 4.4 26.0 2.9 -4.3 25 Total*1 Income gain 129.9 95.7 111.5 112.9 450.1 102.9 -26.9 26 Asset-related gain/loss 18.1 9.3 12.9 0.4 40.8 8.4 -9.7 27 Recurring income 79.6 44.2 63.8 48.2 236.0 46.4 -33.2 28 Segment profit 57.2 31.5 46.1 27.2 162.2 31.6 -25.6
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32 FY2025 FY2026 (¥ in billions) 1Q 2Q 3Q 4Q Full year 1Q YoY 1 Customer Solutions 1.3 0.3 0.6 2.6 4.9 0.9 -0.4 2 Gains/losses on sales 1.3 0.3 0.6 2.7 5.0 0.9 -0.4 3 Impairment losses, etc. - - - 0.0 0.0 - - 4 Environment & Energy - - -0.4 1.4 0.9 0.0 0.0 5 Gains/losses on sales - - - 1.5 1.5 0.0 0.0 6 Impairment losses, etc. - - -0.4 -0.1 -0.5 - - 7 Aviation 4.6 -1.1 2.7 -3.8 2.4 3.6 -1.0 8 Gains/losses on sales 4.6 4.2 3.0 5.0 17.1 4.4 -0.2 9 Impairment losses, etc. - -5.4 -0.2 -8.9 -14.6 -0.8 -0.8 10 Logistics 3.3 0.7 1.0 -1.3 3.7 0.8 -2.4 11 Gains/losses on sales 3.3 0.7 1.0 -0.6 4.4 0.8 -2.4 12 Impairment losses, etc. - - - -0.6 -0.6 - - 13 Real Estate 8.8 9.3 8.9 1.5 28.7 3.0 -5.8 14 Gains/losses on sales 9.0 9.0 11.5 1.4 31.0 3.0 -5.9 15 Impairment losses, etc. -0.2 0.3 -2.5 0.1 -2.3 0.0 +0.1 16 Total asset-related gain/loss 18.1 9.3 12.9 0.4 40.8 8.4 -9.7 17 Gains/losses on sales 18.4 14.4 16.2 10.2 59.2 9.3 -9.1 18 Impairment losses, etc. -0.2 -5.1 -3.2 -9.7 -18.4 -0.8 -0.6 Asset-related gain/loss (by quarter)
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33 Segment assets (¥ in billions) End of FY2024* End of FY2025 End of 1Q FY2026 Vs. end of FY2025 1 Customer Solutions 3,087.4 3,310.6 3,309.7 -0.9 2 Percentage of total 26.3% 25.3% 24.9% -0.4pt 3 Global Customer Business 3,249.2 3,683.3 3,755.5 +72.2 4 Percentage of total 27.6% 28.1% 28.2% +0.1pt 5 Environment & Energy 570.0 621.7 616.2 -5.4 6 Percentage of total 4.8% 4.8% 4.6% -0.2pt 7 Aviation 2,617.5 3,021.9 3,134.5 +112.5 8 Percentage of total 22.3% 23.1% 23.5% +0.4pt 9 Logistics 1,381.6 1,412.6 1,439.7 +27.1 10 Percentage of total 11.7% 10.8% 10.8% 0.0pt 11 Real Estate 634.8 830.5 885.6 +55.0 12 Percentage of total 5.4% 6.3% 6.7% +0.4pt 13 Adjustments 221.4 208.6 172.8 -35.7 14 Percentage of total 1.9% 1.6% 1.3% -0.3pt 15 Total segment assets 11,762.3 13,089.5 13,314.4 +224.8 * FY2024 figures have been revised to total assets basis, consistent with FY2025 and 1Q FY2026. However, these figures are for reference only, as the definition differs in part from FY2025 and 1Q FY2026.
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34 New transactions volume by segment (¥ in billions) 1Q FY2024 1Q FY2025 1Q FY2026 YoY change YoY change (%) 1 Customer Solutions 220.2 209.9 222.8 +12.9 +6.2% 2 Global Customer Business 370.4 379.3 417.7 +38.4 +10.1% 3 Europe 229.5 265.5 299.3 +33.8 +12.7% 4 Americas 101.9 85.2 81.5 -3.7 -4.4% 5 Asia & Oceania 31.5 26.1 36.8 +10.7 +41.2% 6 Other (incl. China) 7.3 2.3 - -2.3 -100.0% 7 Environment & Energy 6.1 2.8 5.4 +2.5 +87.7% 8 Aviation 143.8 89.4 159.6 +70.1 +78.4% 9 Logistics 28.6 45.0 36.6 -8.4 -18.7% 10 Real Estate 41.1 18.4 77.0 +58.5 +317.3% 11 Adjustments - - -0.7 -0.7 - 12 Total new transactions volume 810.4 745.1 918.5 +173.4 +23.3%
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35 Credit costs by segment (¥ in billions) 1Q FY2024 1Q FY2025 1Q FY2026 YoY change YoY change (%) 1 Customer Solutions 0.1 0.7 0.4 -0.3 -44.4% 2 Global Customer Business 6.2 7.9 4.7 -3.2 -40.8% 3 Europe 1.7 2.2 2.5 +0.2 +12.9% 4 Americas 3.9 3.6 2.3 -1.3 -36.3% 5 Asia & Oceania 0.1 1.4 0.2 -1.2 -83.6% 6 Other (incl. China) 0.3 0.6 -0.3 -0.9 -163.5% 7 Environment & Energy 0.0 0.0 0.0 0.0 -99.6% 8 Aviation -0.4 0.2 0.7 +0.5 +207.3% 9 Logistics 0.0 0.0 0.0 0.0 -25.0% 10 Real Estate 0.1 -1.4 0.0 +1.4 - 11 Adjustments 0.0 0.0 0.0 0.0 -17.1% 12 Total credit costs 6.1 7.6 5.9 -1.7 -22.3%
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36 (¥ in billions) 1Q FY2024 1Q FY2025 1Q FY2026 YoY change YoY change (%) 1 Revenues 529.8 584.5 539.1 -45.3 -7.8% 2 Cost of revenues 416.2 432.9 425.6 -7.3 -1.7% 3 Cost of funds 71.4 68.6 75.5 +6.8 +10.0% 4 Gross profit 113.6 151.5 113.4 -38.0 -25.1% 5 SG&A expenses 64.6 69.0 66.3 -2.6 -3.9% 6 Personnel expenses 31.2 33.7 32.3 -1.3 -4.1% 7 Non-personnel expenses 26.6 27.0 26.6 -0.4 -1.7% 8 Provision for doubtful accounts 6.7 8.2 7.4 -0.8 -10.3% 9 Operating income 48.9 82.4 47.1 -35.3 -42.9% 10 Recurring income 49.2 79.6 46.4 -33.2 -41.7% 11 Extraordinary income 6.8 0.1 - -0.1 -100.0% 12 Extraordinary loss 0.3 - - - - 13 Income before income taxes 55.6 79.7 46.4 -33.3 -41.7% 14 Net income attributable to owners of the parent 39.1 57.2 31.6 -25.6 -44.8% Financial performance: income statement
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37 Financial performance: balance sheet, etc. (¥ in billions) End of FY2024 End of FY2025 1Q FY2026 Vs. end of FY2025 Vs. end of FY2025 (%) 1 Cash and cash equivalents 313.3 366.0 317.9 -48.1 -13.1% 2 Net assets* excl. share acquisition rights and non-controlling interests 1,789.6 1,989.0 2,008.1 +19.0 +1.0% 3 Net assets 1,804.5 2,008.7 2,028.2 +19.5 +1.0% 4 Total assets 11,762.3 13,089.5 13,314.4 +224.8 +1.7% 5 Distressed receivables 87.0 70.8 66.3 -4.5 -6.4% 6 Allowance for doubtful accounts 40.7 31.8 31.6 -0.2 -0.7% 7 Net balance of distressed receivables 46.2 38.9 34.6 -4.3 -11.0% 8 Equity ratio 15.2% 15.2% 15.1% -0.1pt - 9 ROE 7.8% 8.6% 10 ROA 1.2% 1.3% * Used for the calculation of equity ratio and ROE.
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38 * For major overseas subsidiaries with March fiscal year-ends (excluding subsidiaries whose fiscal periods were changed): 1Q Income statement figures are translated using the average exchange rates for the period from April to June, and balance sheet figures are translated using the exchange rates as of the end of FY2025 (March 31, 2026) and the end of 1Q FY2026 (June 30, 2 026), respectively. For overseas subsidiaries whose fiscal periods were changed: Income statement figures for 1Q FY2025 are translated using the average exchange rates for the period from January 2025 to June 2025, and fiscal year-end balance sheet figures are translated using the exchange rates as of the end of FY2025 (March 31, 2026). Financial performance: balance sheet, etc. (continued) (¥ in billions) End of FY2024 End of FY2025 End of 1Q FY2026 Vs. end of FY2025 Vs. end of FY2025 (%) 11 Total funding 8,840.7 9,880.3 10,104.8 +224.4 +2.3% 12 Indirect funding 4,916.4 5,504.5 5,752.5 +247.9 +4.5% 13 Direct funding 3,924.3 4,375.7 4,352.3 -23.4 -0.5% 14 Commercial paper 965.4 1,196.7 1,209.5 +12.8 +1.1% 15 Securitization 580.7 697.8 648.0 -49.8 -7.1% 16 Corporate bonds 2,378.1 2,481.2 2,494.8 +13.6 +0.5% 17 Direct funding ratio 44.4% 44.3% 43.1% -1.2pt - 18 Long-term funding ratio 81.1% 80.4% 80.0% -0.4pt - 19 Foreign currency funding ratio 61.1% 61.6% 61.6% 0.0pt - FX rates used to translate the financial statements of major overseas subsidiaries* 1Q FY2025 1Q FY2026 Subsidiaries with FY ending in March (excl. subsidiaries whose fiscal periods were changed) Subsidiaries whose fiscal periods were changed (elfc, CAI, PNW) Subsidiaries with FY ending in March 20 Income statement translation rates USD/JPY: 144.59 GBP/JPY: 193.01 USD/JPY: 148.60 USD/JPY: 159.49 GBP/JPY: 213.97 End of FY2025 End of 1Q FY2026 Subsidiaries with FY ending in March (excl. subsidiaries whose fiscal periods were changed) Subsidiaries whose fiscal periods were changed (elfc, CAI, PNW) Subsidiaries with FY ending in March 21 Balance sheet translation rates USD/JPY: 159.88 GBP/JPY: 211.03 USD/JPY: 159.88 USD/JPY: 162.39 GBP/JPY: 215.05
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39 Inquiries and other information Information published on our website 2028 MTMP Integrated Report ESG Data Book Financial Data Sheets Investors’ Guide Presentation material for Business Segment Briefing 2028 MTMP, the Medium-term Management Plan for the three years from FY2026 Financial and non-financial information including an overview of medium- to long-term value creation, management strategies, business performance, and ESG information Basic information, business descriptions by segment, etc. of the MHC Group Presentation materials for previously held Business Segment Briefings Initiatives and data related to ESG (environment, society, governance) Excel documents containing MHC’s historical financial data Inquiries Corporate Communications Department TEL: +81 3-6865-3002 Website https://www.mitsubishi-hc-capital.com/english/ Information session for individual investors* Presentation materials for previously held online information sessions for individual investors *Japanese only SearchMitsubishi HC Capital
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40 Now airing: a new TV commercial featuring Kento Yamazaki The Company Empowering Your Challenges through Leasing. Title of the Commercial * The gallery and the contents are all in Japanese and can be viewed only in Japan The commercial and the behind- the-scenes video are available. Commercial Gallery*TV
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左矢印付きの円単色塗り つ ぶ し Back to Agenda Back to Agenda Legal disclaimer ⚫ This presentation contains forward-looking statements regarding estimations, forecasts, targets, and plans in relation to the results of operations, financial conditions, and other overall management of Mitsubishi HC Capital Inc. and/or its group companies. ⚫ These forward-looking statements are inherently subject to a number of risks and uncertainties that could cause the actual results, performance, achievements, financial position, and other figures to differ materially from the information expressed or implied by these forward-looking statements, which is based on assumptions and beliefs in light of information currently available to the management of Mitsubishi HC Capital Inc. at the time of publication. Accordingly, due to various risks and uncertainties, the statements are not a guarantee of future performance or developments. We may not be successful in implementing our business strategies, and management may fail to achieve its targets for a wide range of possible reasons. ⚫ The figures are rounded down and may therefore not add up to total amounts. We undertake no obligation to update or correct any forward-looking statements after the date of this presentation. The information set forth in this presentation is subject to change without notice. ⚫ This presentation is not intended to solicit, offer, or sell investments in any jurisdiction and should not be the sole basisfor making investment and other decisions. The reader is cautioned not to place undue reliance on forward-looking statements. ⚫ We assume no liability for any damage resulting from the use of this presentation. ⚫ This presentation is created in Japanese and translated into English. The Japanese text is the original and the English text is for reference purposes. If there is any conflict or inconsistency between these two texts, the Japanese text shall prevail.