Mizuho Leasing Company, Limited · TSE:8425
Mizuho Leasing — IBJ Leasing — H1 FY2018 Earnings Presentation
17 slides from Mizuho Leasing's earnings presentation, Nov 7, 2018
Slide 1: Overview First-Half Results for FY2018
Overview of Financial Results Overview First-Half Results for FY2018 November 7, 2018 IBJ Leasing Co., Ltd. This document contains forecasts and other forward-looking statements that are based on information available at the time of preparation of this document and subject to certain risks and uncer
Slide 2: Summary of First-Half Results for FY2018
Summary of First-Half Results for FY2018 Recorded gross profit before write-offs and funding costs of ¥25.0 billion, an increase of 13% y-o-y, and net income attributable to owners of the parent of ¥8.6 billion, an increase of 29% y-o-y. ― Both reached record highs on a semiannual basis. The pro
Slide 3: Overview of Financial Results
Overview of Financial Results (¥bn) FY16 FY17 FY18 Change % POINTS 1H 1H 1H Change Revenues 181.4 178.4 179.8 +1.4 +1% Gross profit before write-offs and funding Gross profit before write- 21.8 22.2 25.0 +2.8 +13% costs increased favorably offs and funding costs (Funding costs) (2.6) (3.4) (4.1) +
Slide 4: Business Performance Overview
Business Performance Overview POINTS (¥bn) FY16 FY17 FY18 % ■ Contract execution volume increased 24% y-o-y Change 1H 1H 1H Change Contract ・For “Leasing and installment sales,” execution 535.7 641.6 795.0 +153.4 +24% volume increased in areas such as industrial and execution volume Leasing and fact
Slide 5: Contract Execution Volume / Leasing and Installment Sales
Contract Execution Volume / Leasing and Installment Sales Contract execution volume by equipment type POINTS (¥bn) FY16 FY17 FY18 % Change 1H 1H 1H Change Steadily captured capital investment Industrial and factory 53.1 37.9 60.6 +22.7 +60% needs Information and 35.9 42.3 45.0 +2.7 +7% communicati
Slide 6: Contract Execution Volume / Financing
Contract Execution Volume / Financing Contract execution volume POINTS (¥bn) FY16 FY17 FY18 % Change 1H 1H 1H Change Commercial 410.7 446.3 +35.6 +9% Volume for commercial distribution Distribution 243.9 finance increased steadily Finance / Loan etc. Aircraft 4.8 7.8 6.4 -1.4 -17% Real Estate 53.6
Slide 7: Balance (Real Estate/Global)
Balance (Real Estate/Global) (¥bn) 306.7 300 POINTS 245.7 87.4 219.3 219.4 Real estate 219.2 200 20.8 ■ Property ownership businesses 98.9 79.9 81.3 (outlined in red) increased due to 146.8 87.2 execution of superior projects mainly 139.4 7.7 in metropolitan areas 25.0 8.7 138.0 47.9 Financing, etc.
Slide 8: Funding
Funding Interest-bearing debt increased from the end of the previous fiscal year in line with the increase in operating assets. ― Also actively raised funds from markets (issued three-year and five-year bonds, totaling ¥45.0 billion). Funding costs ratio increased due to higher foreign currency
Slide 9: Earnings Forecasts and Dividends
Earnings Forecasts and Dividends Net income attributable to owners of the parent is equivalent to 60% of the FY2018 annual plan. 【Dividends】 ・In view of business results, paid interim dividend of ¥38, an increase of ¥2 from the initial forecast. ・Plan to raise annual dividend for the 17th straight
Slide 10: Supplemental Material for Financial Results
Supplemental Material for Financial Results 9
Slide 11: Overview of Fifth Mid-term Management Plan (FY 2017-2019)
Overview of Fifth Mid-term Management Plan (FY 2017-2019) Vision “Value-creating company tackling challenges together with clients” Business Strategies and Reinforcement of Management Base Vigorously promote more profitable businesses leveraging expertise Basic policy and financial strengths gained
Slide 12: Approach for Promoting Fifth Mid-term Management Plan Focus Areas
Approach for Promoting Fifth Mid-term Management Plan Focus Areas ■ Meet diverse client needs with new business strategies, and expand businesses in high-growth potential areas ■ Accelerate initiatives that span focus areas based on clients’ needs over the mid- to long-term Promote business with cli
Slide 13: Marketing Strategies and Results in Focus Areas
Marketing Strategies and Results in Focus Areas Existing client base Medical and Large and mid-sized Real estate companies healthcare • In addition to the financial solutions, • Continue focusing on store leasing in • Expand the scope from sales to hospitals promote new business strategies to collab
Slide 14: Topics in Focus Areas (1)
Topics in Focus Areas (1) Existing client base Real estate Medical and healthcare Met client needs by being involved in commercial distribution, both in procurement and sales Leasing of large hotel building in metropolitan areas (see (1) below) Bridge scheme for logistics facilities, hotels, and off
Slide 15: Topics in Focus Areas (2)
Topics in Focus Areas (2) Environment and energy Global Medical and healthcare Installation of energy-efficient/low-cost equipment in hospital in collaboration with Spans focus engineering company (see (3) below) areas Investment in solar power projects, and bridge schemes for solar power business S
Slide 16: Company Profile
Company Profile 15
Slide 17: Company Profile
Company Profile Company Name IBJ Leasing Company, Limited Address 1-2-6 Toranomon, Minato-ku, Tokyo 105-0001 Representative Hiroshi Motoyama, President and CEO Establishment December 1, 1969 Listing Tokyo Stock Exchange, 1st Section (Code: 8425) Capital Stock 17,874 million yen (Outstanding shares: