Consolidated net sales for the first quarter of the fiscal year ending September 2026 were \u00a514,997 million (46.4% decrease YoY), operating income was \u00a56,362 million (17.2% decrease YoY), and net income attributable to owners of parent for the quarter was \u00a54,228 million (22.7% decrease YoY).<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"7148","jir_company_name":"FPG Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/7148-20260129-01.pdf","jir_short_summary":"Consolidated net sales for the first quarter of the fiscal year ending September 2026 were \u00a514,997 million (46.4% decrease YoY), operating income was \u00a56,362 million (17.2% decrease YoY), and net income attributable to owners of parent for the quarter was \u00a54,228 million (22.7% decrease YoY).","jir_summary":"### Overview of Business Performance\nIn the first quarter of the fiscal year ending September 2026, consolidated net sales amounted to \u00a514,997 million (46.4% decrease YoY). Sales in the lease fund business increased to \u00a59,020 million (30.6% increase YoY), while domestic real estate fund business sales declined significantly to \u00a55,800 million (69.6% decrease YoY) and overseas real estate fund business sales dropped sharply to \u00a515 million (99.2% decrease YoY). Selling, general and administrative expenses were \u00a53,280 million (42.6% increase YoY), mainly due to higher personnel costs. Operating income was \u00a56,362 million (17.2% decrease YoY), ordinary income \u00a56,248 million (21.5% decrease YoY), and net income attributable to owners of parent for the quarter was \u00a54,228 million (22.7% decrease YoY).\n\n### Financial Position and Future Outlook\nTotal assets increased by \u00a536,190 million to \u00a5163,048 million compared to the previous fiscal year-end, and total liabilities rose by \u00a537,221 million to \u00a5106,892 million, resulting in a decline in the equity ratio to 34.3%. This was mainly due to increased borrowings and bonds. Following the December 2025 tax reform outline which significantly reduces the tax benefits of real estate securitization products, sales were temporarily suspended, and cancellations and refunds were processed. Sales resumed from January 2026, with strong investment demand for prime central locations. There is no change to the full-year earnings guidance, and efforts continue to focus on structuring large-scale prime location properties and strengthening investment products.","jir_financial_highlights":"Net Sales: \u00a514,997 million (46.4% decrease YoY)\nOperating Income: \u00a56,362 million (17.2% decrease YoY)\nOrdinary Income: \u00a56,248 million (21.5% decrease YoY)\nNet Income Attributable to Owners of Parent: \u00a54,228 million (22.7% decrease YoY)\nEquity Ratio: 34.3% (Decrease YoY (45.0% \u2192 34.3%))\nShares Outstanding (Including Treasury Stock): 83,803,600 shares (No change from previous period)\nTreasury Stock at Period-End: 71,505 shares (Increase from previous period (70,281 shares \u2192 71,505 shares))\nDividend Forecast (Annual): \u00a5125.40 (Decrease YoY (\u00a5130.40 \u2192 \u00a5125.40))","jir_category":"","jir_hashtags":"#FPG_Co_Ltd, #FinancialSummary, #JapaneseStocks","jir_key_figures":"Net Sales: \u00a514,997 million (46.4% decrease YoY)\nOperating Income: \u00a56,362 million (17.2% decrease YoY)\nNet Income Attributable to Owners of Parent: \u00a54,228 million (22.7% decrease YoY)","jir_meta_title":"FPG Co., Ltd. First Quarter Financial Summary for FY Ending September 2026: Net Sales of \u00a514,997 Million, Down 46.4% YoY","jir_meta_description":"FPG Co., Ltd. First quarter financial summary for the fiscal year ending September 2026. Net sales were \u00a514,997 million (46.4% YoY decrease), operating income \u00a56,362 million (17.2% YoY decrease), and net income attributable to owners of parent \u00a54,228 million (22.7% YoY decrease). Temporary suspension of real estate securitization product sales due to tax reforms also impacted results.","jir_og_title":"FPG Co., Ltd. Q1 Fiscal 2026 Financial Results Announcement","jir_og_description":"Net sales \u00a514,997 million, operating income \u00a56,362 million, net income \u00a54,228 million. Temporary suspension of real estate securitization product sales due to tax reform impact.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Net Sales Trend (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q1 FY2025 Sep\\\",\\\"Q1 FY2026 Sep\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[27963,14997],\\\"backgroundColor\\\":\\\"#4e79a7\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Operating Income Trend (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q1 FY2025 Sep\\\",\\\"Q1 FY2026 Sep\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[7680,6362],\\\"backgroundColor\\\":\\\"#f28e2b\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"net_profit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Net Income Attributable to Owners of Parent Trend (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q1 FY2025 Sep\\\",\\\"Q1 FY2026 Sep\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income\\\",\\\"data\\\":[5467,4228],\\\"backgroundColor\\\":\\\"#e15759\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Revenue Comparison (Million Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Lease Fund Business\\\",\\\"Domestic Real Estate Fund Business\\\",\\\"Overseas Real Estate Fund Business\\\",\\\"Other Businesses\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Q1 FY2025 Sep\\\",\\\"data\\\":[6908,19084,1913,57],\\\"backgroundColor\\\":\\\"#59a14f\\\"},{\\\"label\\\":\\\"Q1 FY2026 Sep\\\",\\\"data\\\":[9020,5800,15,160],\\\"backgroundColor\\\":\\\"#edc948\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"profit_margin_analysis\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Gross Profit Margin Trend (%)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q1 FY2025 Sep\\\",\\\"Q1 FY2026 Sep\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Gross Profit Margin\\\",\\\"data\\\":[35.7,64.3],\\\"borderColor\\\":\\\"#76b7b2\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true,\\\"max\\\":100}}}}\"}]","ir_related_company":9056,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-21941","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n