Mitsubishi Hc Capital Inc. · TSE:8593
Mitsubishi Hc Capital — Hitachi Capital — FY2017 Earnings Presentation
16 slides from Mitsubishi Hc Capital's earnings presentation, May 9, 2018
Slide 1: Consolidated Financial Results Summary for FY 2017
Consolidated Financial Results Summary for FY 2017 May 9, 2018 © Hitachi Capital Corporation 2018. All rights reserved.
Slide 2: Contents
Contents 1. Summary of Consolidated Financial Results for FY 2017 2. Summary of Performance by Business 3. Consolidated Financial Forecast for FY 2018 © Hitachi Capital Corporation 2018. All rights reserved. 1
Slide 3: 1-1. Summary of Business Performance for FY2017
1-1. Summary of Business Performance for FY2017 (Millions of yen) Foreign Y on Y FY2016 FY2017 Y on Y exchange (excluding foreign Results Results Change effects exchange effects) Volume of business 2,334,252 2,509,327 108% 47,910 105% Revenues 370,860 404,124 109% 6,379 107% Cost of sales 245,100 27
Slide 4: 1-2. Changing Factors of FY 2017 Profit before tax
1-2. Changing Factors of FY 2017 Profit before tax （Billions of Yen） Effect of Exchange IT rate Investment changes ▲2.0 business Business +1.0 base Smart Expansion investment Transfor Other +4.5 ▲2.5 mation ▲1.0 Project investment ▲1.7 46.0 Investment 44.3 for future growth FY2016 Result FY2017 Resu
Slide 5: 2-1. Summary of Japan Business/Global Business
2-1. Summary of Japan Business/Global Business (Millions of yen) FY2016 FY2017 Y on Y Foreign Y on Y Results Results Change exchange (excluding foreign effects exchange effects) Volume of Japan Business 1,081,481 1,046,650 97% ― ― business Global Business 1,252,771 1,462,677 117% 47,910 113% Japan B
Slide 6: 2-2. Breakdown of Japan Business
2-2. Breakdown of Japan Business (Millions of yen) Volume of business Operating assets FY2016 FY2017 Y on Y FY2016 FY2017 Y on Y Results Results Change Results Results Change Total of Japan Business 1,081,481 1,046,650 97% 1,644,013 1,623,024 99% Account Solution 875,279 850,987 97% 1,019,030 1,042,
Slide 7: 2-3. Breakdown of Global Business (1): Europe, The Americas
2-3. Breakdown of Global Business(1): Europe, The Americas Europe (UK, Poland, the Netherlands) (Millions of yen) Foreign Y on Y Y on Y FY2016 Results FY2017 Results exchange (excluding foreign Change effects exchange effects) Volume of business 490,826 592,343 121% 23,654 116% Gross profit 35,220 3
Slide 8: 2-3. Breakdown of Global Business (2): China, ASEAN
2-3. Breakdown of Global Business(2): China, ASEAN China (Hong Kong, Mainland China) (Millions of yen) Foreign Y on Y Y on Y FY2016 Results FY2017 Results exchange (excluding foreign Change effects exchange effects) Volume of business 207,756 235,416 113% 7,818 110% Gross profit 10,422 9,843 94% 278
Slide 9: 3-1. Consolidated Financial Forecast for FY2018
3-1. Consolidated Financial Forecast for FY2017 (Millions of yen) FY2018 FY2017 Results Y on Y Change Forecasts Volume of business 2,509,327 2,410,000 96% Revenues 404,124 442,400 109% Cost of sales 272,425 302,900 111% (of which, cost of capital) 30,288 41,000 135% Gross profit 131,698 139,500 106%
Slide 10: 3-2. Changing Factors of FY2018 Profit before tax
3-2. Changing Factors of FY2018 Profit before tax （Billions of Yen） Effect of IT 50.0 Investment Investment Effect of Decrease of +1.3 ▲1.1 revised Effect of temporary IFRS 9* expenses Exchange First ▲1.1 rate +3.0 half Business changes 24.5 Expansion Effect of investment ▲0.7 +4.3 in FY2017 44.3 Se
Slide 11: 3-3. Trends of annual cash dividends per share/payout ratio
3-3. Trends of annual cash dividends per share/ payout ratio FY2018：Plan to distribute 92 yen cash dividends per share, an increase of 6 yen 31% 31% 30% 30% 30% 29% 27% 25% 86 86 92 84 60 48 33 38 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 (forecast) Dividends per Share for the Year (Ye
Slide 12: Note on forward-looking statements
http://www.hitachi-capital.co.jp/ Note: This document contains forward‐looking statements with respect to future results, performance and achievements that are subject to risk and uncertainties and reflect management’s views and assumptions formed using information available at the time. Accordingly
Slide 13: Appendix
Appendix © Hitachi Capital Corporation 2018. All rights reserved.
Slide 14: Breakdown of Cost of Sales/SG&A
Breakdown of Cost of Sales/SG&A Breakdown of cost of sales (Millions of yen) FY2016 FY2017 Y on Y Change Results Results Cost of sales 245,100 272,425 111% (of which, cost of capital) 25,982 30,288 117% Breakdown of SG&A (Millions of yen) FY2016 FY2017 Y on Y Change Results Results Selling, general
Slide 15: Quarterly Credit Trends by Region
Quarterly Credit Trends by Region Credit loss ratio Credit loss(Millions of yen) FY2014 FY2015 FY2016 FY2017 FY2014 FY2015 FY2016 FY2017 Results Results Results Results Results Results Results Results Total 0.12% 0.16% 0.15% 0.20% 3,949 5,327 5,103 6,452 Japan 0.05% 0.06% 0.04% 0.05% 954 1,125 823 8
Slide 16: IFRS 9
IFRS9について Item Contents Statement ・IFRS 9 "Financial Instruments" (*1) ・Introduction of expected credit loss model of financial assets Revision ・Revision of hedge accounting summary ・Revision of classification and measurement of financial instruments Application ・Applicable from FY2018 date ・Along w