Mizuho Leasing Company, Limited · TSE:8425
Mizuho Leasing — IBJ Leasing — FY2013 Earnings Presentation
9 slides from Mizuho Leasing's earnings presentation, May 9, 2014
Slide 1: Overview of Financial Results: Overview Results for FY2013
Overview of Financial Results Overview Results for FY2013 May 9, 2014 IBJ Leasing Co., Ltd. This document is contains forecasts and other forward-looking statements that are based on information available at the time of preparation of this document. Actual business results may differ materially from
Slide 2: Consolidated P/L
Consolidated P/L In addition to minimizing the impact of the drop in interest rates by aggressively accumulating operating assets, cost improvements resulted in an increase in operating, ordinary and net income Achieved the targets for the final fiscal year of the previous Mid-term Management Pl
Slide 3: P/L Overview
P/L Overview Gross profit before write-offs and funding costs declined as a result of a reshuffling into low-yield assets amid continued low interest rates Yields continued to improve, but this did not halt the decline in gross profit margin Funding costs declined as financing rates continued
Slide 4: Sales
Sales Diverse needs were captured, resulting in an increase in contract execution volume for both leasing and installment sales and financing The balance of operating assets increased to ¥1.343 trillion, exceeding the fiscal year target of ¥1.3 trillion - In financing, superior assets were accum
Slide 5: Contract Execution Volume by Equipment Type
Contract Execution Volume by Equipment Type Overall contract execution volume increased y-o-y as companies’ capital investment needs were widely captured - The decline due to the fading of some large projects was absorbed by growth in other equipment types Initiatives targeting the growth sector
Slide 6: Interest-bearing Debt and Net Assets
Interest-bearing Debt and Net Assets Interest-bearing debt increased due to the growth in operating assets, but funding costs declined with efforts to secure high-quality funds Net assets increased ¥24.9 billion versus March 31, 2013, to ¥109.8 billion, due to the public offering, the accumulati
Slide 7: The Fourth Mid-term Management Plan (Year 2014-2016) ①
The Fourth Mid-term Management Plan（Year 2014-2016）① ＜Major Results＞ The Third Mid-term - Significant increases in operating assets through large scale M&A’s Management Plan - Successful business development in distribution/retail and medical sectors （Year 2011－2013） - Sufficient funding secured for
Slide 8: The Fourth Mid-term Management Plan (Year 2014-2016) ②
The Fourth Mid-term Management Plan（Year 2014-2016）② Vision General financial services group fully in tune with needs and trends of the time, uniquely positioned to grow with clients Basic strategies Further enhance core earnings and build robust business infrastructure Sustainable growth Improve qu
Slide 9: Full Year Forecast
Full Year Forecast Amid the ongoing fierce competitive environment, basic strategies aimed at taking a sure step towards realizing stable growth in the first fiscal year of the new Mid-term Management Plan will be steadily rolled out - Forecasting higher net income, as the increase in core earning