What we learned from Nishio Rent All’s annual report

Murray Pollok Managing Editor, IRN & Director of Content, KHL

24 February 2026

Nishio Rent All is one of the largest rental businesses in Japan and worldwide. Earlier this month it issued its annual report for the year to 30 September 2025 and it contained interesting detail about the rental business in Japan, plans for further rental acquisitions outside Japan, and its approach to sustainability and battery powered equipment.

Here are some key points:

How are current business conditions?

‘Difficult’ is how Nishio’s president, Masashi Nishio, described conditions in the first half of its current financial year, to the end of March.

The president, who has held the position since 1994, said redevelopment work in Tokyo was at a…

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