Mitsubishi HC Capital Inc. · TSE:8593
Mitsubishi HC Capital — Hitachi Capital — Q2 FY2015 Earnings Presentation
16 slides from Mitsubishi HC Capital's earnings presentation, Oct 27, 2015
Slide 1: Consolidated Financial Results Summary for the Second Quarter ended September 30, 2015
Consolidated Financial Results Summary for the Second Quarter ended September 30, 2015 October 27, 2015 © Hitachi Capital Corporation 2015. All rights reserved.
Slide 2: Contents
Contents 1. Summary of Consolidated Financial Results for the Second Quarter of FY2015 2. Summary of Performance by Business 3. Consolidated Financial Forecast for FY2015 © Hitachi Capital Corporation 2015. All rights reserved. 1
Slide 3: Summary of Business Performance for the Second Quarter of FY2015
1-1. Summary of Business Performance for the Second Quarter of FY2015 (Millions of yen) FY2014/2Q FY2015/2Q Results Results Y on Y Change Revenues 174,748 181,261 104% Cost of sales 117,734 115,839 98% Gross profit 57,013 65,421 115% Selling, general and administrative expenses 38,543 41,852 109% Ad
Slide 4: Changing Factors of FY2015 1st Half Profit before tax
1-2. Changing Factors of FY2015 1st Half Profit before tax ② ③ ④ ⑥ ① Effect of Increase in ⑤ Smart bad-debt Decrease of Transformat expense revenues Scale down Effect of ion ▲1.2 from re- of consumer Exchange Project lease business rate +1.7 ▲0.8 ▲0.4 changes Business +1.5 Expansion +4.3 24.5 19.4 2
Slide 5: Breakdown of Cost of sales/SG&A Expenses
1-3. Breakdown of Cost of sales/SG&A Expenses Breakdown of cost of sales (Millions of yen) FY2014/2Q Results FY2015/2Q Results Y on Y Change Cost of sales 117,734 115,839 98% (of which, cost of capital) 11,560 13,318 115% Breakdown of SG&A expenses (Millions of yen) FY2014/2Q Results FY2015/2Q Resul
Slide 6: (Reference) Credit Loss by region
1-4. (Reference) Credit Loss by region (Millions of yen) Fiscal 2014/2Q Fiscal 2015/2Q Results Results Y on Y Change Credit loss 1,848 2,702 +854 Credit loss ratio 0.12% 0.16% +0.04% Credit loss 643 457 ▲186 Japan Credit loss ratio 0.06% 0.05% ▲0.01% Europe/ Credit loss 536 1,459 +923 the Americas C
Slide 7: Summary of Consolidated Statement of Financial Position
1-5. Summary of Consolidated Statement of Financial Position (Billions of yen) As of As of September 30, vs As of September 30, vs As of 2015 Mar. 31,2015 2015 Mar. 31,2015 Cash and cash equivalents 158.4 +39.1 Trade and other payables 250.8 ▲22.2 Trade and other 1,399.6 +31.7 Borrowings and bonds 2
Slide 8: Summary of Japan Business/Global Business
2-1. Summary of Japan Business/Global Business (Millions of yen) Fiscal 2014/2Q Fiscal 2015/2Q Y on Y Change Global ratio Results Results Japan Business 110,477 110,929 100% 38.8% Revenues (Y on Y +2.0%) Global Business 64,270 70,332 109% Japan Business 3,905 3,615 93% 72.9% Cost of capital (Y on Y
Slide 9: Breakdown of Japan Business (1): Volume of Business/Operating Assets
2-2. Breakdown of Japan Business (1): Volume of Business/Operating Assets (Millions of yen) Fiscal Fiscal Y on Y 2014/2Q 2015/2Q Results Results Change Volume of business 567,899 606,350 107% Account Solution 490,533 530,273 108% of which, factoring 153,821 142,763 93% of which, excluding factoring
Slide 10: Breakdown of Japan Business (2): Revenues/Gross Profit/Profit before Tax
2-3. Breakdown of Japan Business (2): Revenues/Gross Profit/Profit before Tax (Millions of yen) Fiscal 2014/2Q Fiscal 2015/2Q Y on Y Change Results Results Revenues 110,477 110,929 100% Account Solution 93,740 96,639 103% Vendor Solution 10,959 9,939 91% Total of reportable segments 104,699 106,578
Slide 11: Breakdown of Global Business (1): Volume of Business/Operating Assets
2-4. Breakdown of Global Business (1): Volume of Business/Operating Assets (Millions of yen) Y on Y Y on Y Foreign FY2014/2Q FY2015/2Q exchange (excluding Results Results Change effects foreign exchange effects) Volume of business 423,243 532,583 126% 57,425 112% Europe 236,848 270,770 114% 21,663 1
Slide 12: Breakdown of Global Business (2): Revenues/Gross Profit/Profit before Tax
2-5. Breakdown of Global Business (2): Revenues/Gross Profit/Profit before Tax (Millions of yen) Y on Y Foreign Y on Y FY2014/2Q FY2015/2Q exchange (excluding foreign Results Results Change effects exchange effects) Revenues 64,270 70,332 109% 6,520 99% Europe 48,084 49,715 103% 3,979 95% The Americ
Slide 13: FY2015 Full-Year Consolidated Earnings Forecast
3-2. FY2015 Full-Year Consolidated Earnings Forecast (Millions of yen) FY2014 Results FY2015 Forecast Y on Y Change Revenues 356,291 370,000 104% Cost of sales 236,922 241,400 102% (of which, cost of capital) 24,321 28,500 117% Gross profit 119,368 128,600 108% Selling, general and administrative ex
Slide 14: (Reference) Changes from the latest released forecasts (Profit before tax, Dividends)
(Reference) Changes from the latest released forecasts (Profit before tax ・ Dividends) Profit before tax (FY2015 Forecast) Dividends per share (yen) (FY2015 Forecast) ¥46.5 Billion ¥84 (+¥8) ¥42.8 Billion +¥3.7 Billion ¥76 ¥42 Year ¥38 (+¥4) Ended ¥42 First Half ¥38 (+¥4) Ended The latest released R
Slide 15: (Reference) Performance Highlights for the Second Quarter of FY2015
(Reference) Performance Highlights for the Second Quarter of FY2015 Exceeded in Japan Business, mainly in a steady performance in focused sectors primarily social infrastructure compared with prior Volume of period. business Exceeded in Global Business, mainly in a growth primarily strong performanc
Slide 16: http://www.hitachi-capital.co.jp/
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