Slide 1: Financial Results for FY2016 Presentation Materials
Presentation Materials Financial Results for FY2016 Presentation Materials May 12, 2017 IBJ Leasing Co., Ltd. (Securities Code: 8425) Inquiries:Corporate Communication Division Tel:+81-3-5253-6540 Fax:+81-3-5253-6539
Slide 2: Contents
Contents I. Overview of IBJ Leasing Group ・・・ 2 II. Business Performance Overview ・・・ 5 III. Financial Results Overview ・・・ 12 IV. Earnings Forecasts and Dividends・・・ 16 V. Appendix ・・・ 18 This document contains forecasts and other forward-looking statements that are based on information available a
Slide 3: I. Overview of IBJ Leasing Group
I. Overview of IBJ Leasing Group 2
Slide 4: Financial Highlights
Financial Highlights Achieved both “operating assets: ¥1,500 billion” and “net income attributable to owners of the parent: ¥12.0 billion,” which are numerical targets for the last fiscal year of the Fourth Mid-term Management Plan Posted new record highs for 4 fiscal years in a row for net inco
Slide 5: Review of the Fourth Mid-term Management Plan (FY2014-2016)
Review of the Fourth Mid-term Management Plan (FY2014-2016) Theme Progress Operating assets “Challenging for renewed growth” (¥bn) 1,581.0 1,608.7 16,000 1,600 1,500.0 Business Strategies 1,432.3 1,343.0 Enhancement of core Achieved ahead of schedule businesses Improvement of special 11,000 finance
Slide 6: II. Business Performance Overview
II. Business Performance Overview 5
Slide 7: Sales
Sales Contract execution volume increased 3% y-o-y and operating assets grew 2% from the end of the previous fiscal year. Contract execution volume Operating assets リース・割賦 Leasing and installment sales リース・割賦 Leasing and installment sales (¥bn) (¥bn) 12,000 金融 Financing 金融 Financing 1,065.4 1,092.
Slide 8: Leasing and Installment Sales
Leasing and Installment Sales Growth in the areas of transport and real estate were the key drivers. ー In Transport, the execution of an aircraft operating lease project contributed. ー In Real Estate, bridge lease targeting REITs and real estate leasing including commercial facilities increased. C
Slide 9: Financing
Financing Both contract execution volume and operating assets grew as we focused on capturing diverse customer needs. ー In Real Estate Finance, bridge financing targeting REITs increased. ー In Specialized Finance, etc. and Aircraft Finance, we selected and executed projects with consideration to r
Slide 10: Developments in Focus Areas (1)
Developments in Focus Areas (1) [Building business with domestic demand-related industries] Promoted proposal-based marketing that meets diverse customer needs and captured capital investment projects for distribution and retail businesses in collaboration with developers of large retail projects
Slide 11: Developments in Focus Areas (2)
Developments in Focus Areas (2) The newly established aircraft operating leasing business* achieved steady growth, and together with the initiative on existing aircraft-backed collateral loans (financing), operating assets in the aircraft business increased 41% from the end of the previous fiscal
Slide 12: Overseas Business
Overseas Business Operating assets increased from the end of the previous fiscal year thanks to the execution of new measures. ーExpanded of business by participating in the aircraft operating leasing business ーAdvanced approach to non-Japanese companies ◦ Full-fledged entry into automobile leasing
Slide 13: III. Financial Results Overview
III. Financial Results Overview 12
Slide 14: Consolidated P/L
Consolidated P/L Gross profit before write-offs and funding costs reversed the decrease due to the sale of a group company. Funding costs decreased mainly due to low market interest rates. Posted new record highs for 4 fiscal years in a row for net income attributable to owners of the parent,
Slide 15: Profitability
Profitability Gross profit before write-offs and funding costs reversed the decrease due to the sale of a group company by accumulating operating assets . Gross profit before write-offs and funding costs Yield Leasing and installment sales Financing Other FY15 FY16 Change (¥bn) 44.8 44.9 Gross pro
Slide 16: Funding
Funding Cost of funding declined partly thanks to the favorable funding environment, despite an increase in interest-bearing debt with the increase of operating assets. Both net assets and equity ratio increased by the solid accumulation of income. Interest-bearing debt Funding costs (%) 1,800 B
Slide 17: IV. Earnings Forecasts and Dividends
IV. Earnings Forecasts and Dividends 16
Slide 18: Earnings Forecasts and Dividends
Earnings Forecasts and Dividends Plan to achieve net income attributable to owners of the parent of ¥13.0 billion, producing record-high income for the 5th consecutive year. 【Dividends】 Plan to revise year-end dividend for FY2016; a ¥2 increase from ¥32/share to ¥34/share Plan to raise annual
Slide 19: V. Appendix
V. Appendix 18
Slide 20: 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:
Slide 21: Stock Status (as of March 31, 2017)
Stock Status (as of March 31, 2017) ○ Outstanding shares: 42,649,000 ○ Major shareholders ○ Number of shareholders: 39,532 Shareholders Shares held Holding ratio (1,000 shares） (%) ○ Shareholder distribution (Holding ratio) The Dai-ichi Life Insurance Company, Limited 2,930 6.87 NISSAN MOTOR CO., LT
Slide 22: IBJL Group Internal Control System
IBJL Group Internal Control System IBJL Group has established and continues to effectively and appropriately operate an Management structure: 7 directors (incl. 2 outside directors), 4 auditors (incl. 3 outside auditors) ＊In compliance with Tokyo Stock Exchange regulations, the 2 outside directo
Slide 23: Consolidated B/S (Assets)
Consolidated B/S (Assets) (¥bn) Mar.31, Mar.31, Mar.31, Mar.31, Mar.31, Change Change 2016 2017 2013 2014 2015 (B)-(A) (B)/(A) (A) (B) Current assets 1,265.6 1,356.0 1,434.4 1,554.0 1,566.6 +12.6 +0.8% Cash and cash equivalents 30.5 37.7 38.7 49.4 42.3 -7.1 -14.4% Lease receivable 728.9 753.8 812.0
Slide 24: Consolidated B/S (Liabilities and Net Worth)
Consolidated B/S (Liabilities and Net Worth) (¥bn) Mar.31, Mar.31, Mar.31, Mar.31, Mar.31, Change Change 2016 2017 2013 2014 2015 (B)-(A) (B)/(A) (A) (B) Current liabilities 979.9 1,019.0 1,044.3 1,119.2 1,045.8 -73.4 -6.6% Short-term borrowings 233.5 295.4 336.5 364.4 312.7 -51.7 -14.2% Current por
Slide 25: Consolidated Statements of Income
Consolidated Statements of Income (¥bn) FY15 FY16 Change Change FY12 FY13 FY14 (A) (B) (B)-(A) (B)/(A) Revenues 352.5 354.8 353.7 364.2 429.4 +65.2 +17.9% Gross profit before write-offs 44.3 43.0 41.6 44.8 44.9 +0.1 +0.2% and funding costs Funding costs 6.6 6.4 6.3 6.4 5.7 -0.7 -10.4% Gross profit 3
Slide 26: Consolidated Statement of Comprehensive Income
Consolidated Statement of Comprehensive Income (¥bn) FY15 FY16 Change Change FY12 FY13 FY14 (A) (B) (B)-(A) (B)/(A) Net income* 9.6 11.0 11.6 12.1 12.6 ＋0.5 ＋3.9% Unrealized gain on available-for-sale 1.6 0.9 2.8 1.6 0.1 -1.5 -95.1% securities Deferred loss on derivatives under -0.1 0.3 0.1 -0.4 0.2
Slide 27: Gross Profit Before Write-offs and Funding Costs by Segment
Gross Profit Before Write-offs and Funding Costs by Segment (¥bn) FY15 FY16 Change Change FY12 FY13 FY14 (A) (B) (B)-(A) (B)/(A) Revenues 352.5 354.8 353.7 364.2 429.4 +65.2 +17.9% Leasing 327.5 316.2 318.6 337.4 406.3 +68.9 +20.4% Installment sales 15.4 25.9 25.2 14.6 10.7 -3.9 -27.2% Loans 7.2 7.0