Ricoh Leasing Company, Ltd.

1. First Quarter of
Fiscal Year Ending
March 2019(FY2018)
Financial
Highlights
Ricoh Leasing Company, Ltd.

2. Table of Contents
1. Consolidated Results for the First Quarter of
Fiscal Year Ending March 2019
2. Consolidated Income Forecast for the Fiscal
Year Ending March 2019
Forward-looking statements including earnings forecasts contained in this document are based on certain
assumptions deemed to be rational in light of the information available to the Company at the time of
preparing the document, and are not intended to be guarantees of future performance. Actual results may
differ significantly from plans and forecasts due to a variety of factors.
2

3. 1. Consolidated Results for the First
Quarter of Fiscal Year Ending March 2019
3

4.  Gross Profit : 8,082 million yen (+2.1%)
Expanded sales for five consecutive
periods; posted another record high
 Operating Profit : 4,336 million yen (+0.4%)
Expanded sales for four consecutive
periods; posted another record high
 Net Income : 3,015 million yen ((0.6%))
Performance Overview
4
 Posted another record high for Total Transaction Volume and operating assets
 Due to improvements in yields of new contracts, Gross Profit increased
 Net Sales : 78,239 million yen
Expanded income for nine consecutive
periods; posted another record high
 Operating Assets (substantial) : 871,662 million yen
Posted another record high
 Total Transaction Volume : 103,744 million yen
Posted another record high
* In this document, “Profit Attributable to Owners of Parent” is presented as “Net Income”

5. Consolidated Results
• Gross Profit increased by 2.1% year-on-year. Increase in Operating Assets and higher income of
Commission Received contributed to higher profit.
• Strategic Expenses including Personnel Expenses and System Expenses increased. As a result, Operating
Profit increased by 0.4% year-on-year.
5
(100 millions of yen)
* Actual ROA and ROE are annualized numerical figures.
17/6 Actual
18/6
Full-year
Forecast
Progress Rate
Actual
Growth
Rate
Net Sales 771 782 1.5% 3,135 25.0%
Gross Profit 79 80 2.1% 327 24.7%
SGA Expenses 35 37 4.3% 157 23.9%
Operating Profit 43 43 0.4% 170 25.5%
(Operating Profit/Net Sales) 5.6% 5.5% -- 5.4% --
Ordinary Profit 43 43 1.4% 167 26.3%
Net Income 30 30 (0.6%) 114 26.4%
YoY change
Dividend per Share (yen) -- -- -- 80.00 --
Earnings per Share (yen) 97.14 96.58 (0.56) 365.19 --
Dividend Payout Ratio -- -- -- 21.9% --
ROA (Return on Asset Ratio) 1.31% 1.23% (0.08%) 1.15% --
ROE (Return on Equity Ratio) 7.8% 7.3% (0.5%) 6.7% --

6. (0.5)
Gross Profit Calculation SGA Expenses Calculation
Increase in
Allowance
for
Doubtful
Accounts
17/6 Actual
Increase in
gross
margin for
Financial
Service
Business
Decrease in
Financial
Expenses
18/6 Actual
+0.2 (0.1)
Factors Affecting Operating Profit
(100 millions of yen)
6
(1.2)+1.6
Others
Increase in
gross margin
for Leases
and
Installment
Sales
Business
Others
Increase in
Expenses
4,319
million yen
4,336
million yen
+1.0
(0.9)
Increase in
personnel
expenses

7. 625
662
706
745 755
34 35 38 37 36
0
10
20
30
40
50
60
70
80
90
100
0
100
200
300
400
500
600
700
800
900
1,000
14/6 15/6 16/6 17/6 18/6
Net Sales Segment Profit
 Leases and Installment Sales Business  Financial Service Business
Performance by Segment
• In the Leases and Installment Sales Business, Gross Profit increased due to the rise in Operating Assets and a
cease in the decline in Operating Asset yields.
However, Segment Profit decreased due to the rise in expenses such as Personnel Expenses.
• The Financial Services Business posted greater income on higher sales thanks to the increased commission
business, including the rise in Loans Balance and Collection Agency Services and Factoring Services for Nursing-
Care Facilities.
(100 millions of yen) (100 millions of yen)
* % of Operating Profit = Financial Service Business Segment Profit / Operating Income 7
14 15 16 17
19
6 7 7 8 9
16.2%
18.4%
16.3%
19.3%
21.1%
0%
10%
20%
0
10
20
30
40
14/6 15/6 16/6 17/6 18/6
Net Sales Segment Profit % of Operating ProfitNet Sales Segment Profit Net Sales % of Operating ProfitSegment Profit

8. Leases and Installment Sales Business:
Transaction Volume by Contract/Product
• Transaction Volume decreased due to the rebound of large transactions on Environment-Related Equipment
from the previous year. As the decrease from the rebound was initially expected, progressed as planned.
• Flagship Office and IT-Related Equipment increased by 4.1% year-on-year.
8
(100 millions of yen)
Transaction volumes are presented on an inspection basis.
 Transaction Volume by Contract
 Transaction Volume by Product
17/6
Actual
18/6 Full-year
Forecast
Progress
RateActual Growth Rate
Finance Leases 670 671 0.2% 2,720 24.7%
Operating Leases 32 45 40.5% 160 28.6%
Installment Sales 275 189 (31.2%) 810 23.4%
Total 978 906 (7.3%) 3,690 24.6%
17/6
Actual
18/6
Full-year
Forecast
Progress
Rate
Japan Leasing
Association
(cumulative total
from 18/4 to 18/5)
Growth Rate
Actual Growth Rate
Office and IT-Related Equipment 464 483 4.1% 1,925 25.1% 7.7%
Medical Equipment 99 82 (17.6%) 360 22.9% (9.8%)
Industrial Machinery 172 88 (48.7%) 455 19.4% (22.8%)
Commercial and Service Equipment 74 95 28.1% 355 26.8% 1.9%
Transportation Equipment 41 51 24.7% 165 31.5% 6.4%
Others 125 104 (16.6%) 430 24.3% 9.4%
Total 978 906 (7.3%) 3,690 24.6% 1.9%
Of which, Environmental Field 150 71 (52.9%) 350 20.3%

9. 319 389 422 438 488
1,072
1,218
1,332 1,380
1,392
1,607
1,755 1,819
15/3 16/3 17/3 18/3 18/6
April–June July–March
[Commission business]
• In Collection Agency Services, the number of new
customers grew steadily and the number of
transactions increased by 11.2% year-on-year.
• In Factoring Services for Nursing-Care Facilities, the
Transaction Volume increased by 9.0% year-on-
year as a result of capturing new customers and
increasing the use of services by existing
customers.
[Loans]
• Corporate lending was mainly favorable, and
Transaction Volume jumped 207.9% year-on-year.
Financial Services Business:
Number of Transactions/Transaction Volume
 Number of Transactions in
Collection Agency Services
 Loan Transaction Volume
 Transaction Volume of Factoring Services
for Nursing-Care Facilities
(100 millions of yen)
(100 millions of yen)(10,000 cases)
9
70 102 141 171 186
256
369
465
549326
471
606
720
32
49
59
67
71
-10
10
30
50
70
0
200
400
600
800
1000
1200
15/3 16/3 17/3 18/3 18/6
April–June July–March Balance
55 63 86
42
131
204 200
240 300
259 264
327 343
1,052 1,106
1,216
1,374 1,450
0
200
400
600
800
1,000
1,200
1,400
1,600
0
100
200
300
400
500
600
15/3 16/3 17/3 18/3 18/6
April–June July–March Balance
April–June July–March April–June July–March Balance
April–June July–March Balance

10. • Operating Assets increased by 15.2 billion yen from the end of the previous fiscal year, marking
a record high.
• As the Operating Assets increased, the default rate remained almost unchanged.
* Default rate = Default loss amount / Average Operating Assets (for 18/6, default loss amount was annualized to
calculate the default rate)
* Operating Assets shown includes portions of lease receivables.
Operating Assets and Changes in
Default Rate
10
(100 millions of yen)
5,327 5,517 5,627 5,761 5,782
158 187 208 230 240725
837 958
1,113 1,1481,142
1,231
1,292
1,458 1,5447,354
7,773
8,086
8,563 8,716
0.19% 0.18% 0.18% 0.17% 0.18%
-10.00%
-8.00%
-6.00%
-4.00%
-2.00%
0.00%
15/3 16/3 17/3 18/3 18/6
Financial
Services/Others
Installment Sales
Operating Leases
Leases
Default Rate
Financial
Services/Others
Installment Sales
Operating Leases
Finance Leases
Default Rate

11. 213 216 215 207 204
14 16 18 24 24
23 24 26 25 26
53 55 58 65 67
305 313 318 323 323
4.77% 4.53% 4.35% 4.21% 4.00%
-7.50%
-5.50%
-3.50%
-1.50%
0.50%
2.50%
4.50%
6.50%
14/3 15/3 16/3 17/3 18/3
Others
(Commission
Received, etc.)
Loans
Installment Sales
Leases
% of Gross Profit
(before deducting
Financial Expenses)
50 52 51 50 51
6 5 6 5 6
6 6 6 6 7
17 14 16 18 18
81 79 80 81 83
4.15% 3.95% 3.99% 3.99% 3.97%
-7.50%
-5.50%
-3.50%
-1.50%
0.50%
2.50%
4.50%
6.50%
17-1Q 17-2Q 17-3Q 17-4Q 18-1Q
* Gross Profit = Net Sales - Cost of Sales (excluding Financial Expenses)
* % of Gross Profit (before deducting Financial Expenses) = Gross Profit (before deducting Financial Expenses) / Average Operating Assets (for
18/6, the amount of Gross Profit (before deducting Financial Expenses) was annualized to calculate the % of Gross Profit (before deducting
Financial Expenses)).
• From FY2017 2Q onwards, the decline in operating asset yields ceased due to the improvements
in acquired yields of new contracts.
• % of Gross Profit (before deducting Financial Expenses) remained almost unchanged.
Transition of Gross Profit
(before deducting Financial Expenses)
11
(100 millions of yen)
Others
(Commission
Received, etc.)
Loans
Installment
Sales
Leases
% of Gross
Profit (before
deducting
Financial
Expenses)

12. Interest-Bearing Debt Outstanding
* Financial Expenses Ratio = Financial Expenses / Average
Operating Assets
* For 18/6, Financial Expenses was annualized to calculate
the Financial Expenses Ratio.
* The balance includes the amount of procurement through
securitized portions of lease receivables.
* Current portion of Long-term liabilities within one year is
included in long-term debt.
• Interest-bearing debt increased in line with the rise in Operating Assets.
• Continued to procure funds at low interest rates while Financial Expenses and the Financial
Expenses Ratio decreased.
Financial Expenses and Financial
Expenses Ratio
Total Procurement Amount and
Financial Expenses
12
(100 millions of yen) (100 millions of yen)
3.9 3.6 3.1 2.8 2.5
11.2 10.8
8.5
8.0
15.1
14.5
11.6
10.8
0.22% 0.20% 0.15% 0.13% 0.12%
-3.00%
-2.50%
-2.00%
-1.50%
-1.00%
-0.50%
0.00%
0.50%
15/3 16/3 17/3 18/3 18/6
Financial
Expenses July–
March
Financial
Expenses April–
June
Financial
Expenses Ratio
4,902
5,378
5,745
6,156 6,256
1,434
1,332
1,121
1,110 1,2456,337
6,710 6,866
7,266
7,501
15/3 16/3 17/3 18/3 18/6
Short-term
Long-term
Short-term
Long-term
Financial
Expenses July–
March
Financial
Expenses April–
June
Financial
Expenses Ratio

13. Changes in Selling, General and
Administrative Expenses
• In Selling, General and Administrative Expenses, a year-on-year increase by 4.3% due to
Personnel Expenses and Strategic Expenses.
* OHR = (Selling, General and Administrative Expenses - Bad Debt Expenses) / (Gross Profit + Financial Expenses)
13
(100 millions of yen)
16 16 17 17 17
15 15 15 16 16
2 1
2 2 2
34 34
35 35 37
41.7% 41.4%
39.7%
40.8%
41.8%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
0
10
20
30
40
50
60
70
14/6 15/6 16/6 17/6 18/6
Bad Debt Expenses
Others
Personnel Expenses
OHR
Bad Debt Expenses
OHR
Others
Personnel Expenses

14. 2. Consolidated Income Forecast for the
Fiscal Year Ending March 2019
14

15. Consolidated Income Forecast
15
* Operating Assets shown includes portions of lease receivables.
(100 millions of yen)
18/3 Actual
19/3
Forecast
Growth
Rate
Net Sales 3,043 3,135 3.0%
Gross Profit 312 327 4.6%
SGA Expenses 147 157 6.7%
Operating Profit 165 170 2.7%
(Operating Profit/Net Sales) 5.4% 5.4% -
Ordinary Profit 164 167 1.7%
Net Income 113 114 0.8%
YoY change
Dividend per Share (yen) 70.00 80.00 10.00
Earnings per Share (yen) 362.19 365.19 3.00
Dividend Payout Ratio 19.3% 21.9% 2.6%
ROA (Return on Asset Ratio) 1.20% 1.15% (0.05%)
ROE (Return on Equity Ratio) 7.1% 6.7% (0.4%)
YoY change
Operating Assets 8,563 9,053 489

16. Transaction Volume Forecast by Business
16
(100 millions of yen)
(100 millions of yen)
* Transaction volumes are presented on an inspection basis.
 Leases and Installment Sales Business
 Financial Service Business
18/3 Actual
19/3
Forecast Growth Rate
Office and IT-Related Equipment 1,887 1,925 2.0%
Medical Equipment 358 360 0.5%
Industrial Machinery 413 455 10.1%
Commercial and Service Equipment 348 355 1.9%
Transportation Equipment 163 165 0.9%
Others 399 430 7.5%
Transaction Total for Leases and
Installment Business 3,571 3,690 3.3%
Of which, Environmental Field 315 350 11.1%
18/3 Actual
19/3
Forecast Growth Rate
Number of Transactions in Collection
Agency Services (10,000 cases) 1,819 cases 2,060 cases 13.2%
Transaction Volume of Factoring
Services for Nursing-Care Facilities 720 910 26.2%
Loan Transaction Volume 343 330 (3.9%)

17. Breakdown of Net Sales and
Operating Assets: Actual/Forecast
 Breakdown of Net Sales
 Breakdown of Operating Assets
17
(100 millions of yen)
(100 millions of yen)
* Operating Assets shown are after portions of lease receivables are deducted.
18/3 Actual
19/3
Forecast Growth Rate
Leases 2,234 2,284 2.2%
Installment Sales 468 501 6.9%
Loans 26 29 11.4%
Commission Received 53 56 5.4%
Others 261 265 1.4%
Total Net Sales 3,043 3,135 3.0%
18/3 Actual
19/3
Forecast Growth Rate
Finance Leases 5,513 5,635 2.2%
Operating Leases 230 240 4.1%
Total Leases 5,744 5,875 2.3%
Installment Sales 1,113 1,290 15.9%
Total Leases and Installment
Sales Business 6,857 7,165 4.5%
Financial Service Business 1,395 1,575 12.9%
Subtotal 8,253 8,740 5.9%
Others 63 63 (0.2%)
Total Operating Assets 8,316 8,803 5.9%

18. <Contact>
Ricoh Leasing Company, Ltd.
Corporate Planning Department
Tel: 03-6204-0608
Email: ir@rle.ricoh.co.jp
URL: http://www.r-lease.co.jp
Reliability
for
the Future
Ricoh Leasing Company, Ltd.