Mizuho Leasing Company, Limited · TSE:8425
Mizuho Leasing — Q1 FY2020 Earnings Presentation
9 slides from Mizuho Leasing's earnings presentation, Aug 6, 2020
Slide 1: Overview First-Quarter Results for FY2020
Overview First-Quarter Results for FY2020 August 6, 2020 Mizuho Leasing Co., Ltd.
Slide 2: Summary of First-Quarter Results for FY2020
Summary of First-Quarter Results for FY2020 Although the business environment in the first quarter was harsh impacted by the spread of COVID- 19, each category of income recorded better results y-o-y by flexibly capturing customers’ needs. Each income indicator progressed steadily against full-y
Slide 3: Overview of Financial Results
Overview of Financial Results FY18 FY19 FY20 % Sale of properties upon completion of real (¥bn) Change 1Q 1Q 1Q Change estate-related bridge scheme projects decreased. Revenues 85.4 143.2 115.4 -27.8 -19% Gross profit before write-offs and funding Gross profit before write- offs and funding costs 12
Slide 4: Business Performance Overview
Business Performance Overview FY18 FY19 FY20 % (¥bn) Change 1Q 1Q 1Q Change Contract execution volume decreased Contract execution 5% y-o-y. volume 398.1 337.2 320.2 -17.0 -5% – Execution volume generally Leasing and decreased due to the impact of 123.9 182.3 165.7 -16.6 -9% installment sales COVI
Slide 5: Contract Execution Volume / Leasing and Installment Sales
Contract Execution Volume / Leasing and Installment Sales Contract execution volume by equipment type FY18 FY19 FY20 % (¥bn) Change 1Q 1Q 1Q Change Executed large projects in the same period Industrial and factory 32.4 61.1 28.3 -32.8 -54% of the previous fiscal year Information and Significantly in
Slide 6: Contract Execution Volume / Financing
Contract Execution Volume / Financing Contract execution volume FY18 FY19 FY20 % (¥bn) Change 1Q 1Q 1Q Change Commercial Distribution Finance / 204.9 142.3 131.2 -11.1 -8% Loan, etc. Aircraft 6.4 1.1 0.3 -0.8 -72% Increased due to financing for logistics Real Estate 56.1 8.8 17.6 +8.8 +101% faciliti
Slide 7: Funding
Funding Interest-bearing debt increased due to an increase in operating assets. Funding costs and funding costs ratio both decreased due to lower foreign currency funding interest rates. Interest-bearing debt Funding costs (ratio) (¥bn) Borrowings CP Bonds/securitization FY18 FY19 FY20 (¥bn) 1Q
Slide 8: Earnings Forecasts and Dividends
Earnings Forecasts and Dividends Each category of income for the first quarter steadily progressed against full-year forecasts. －Going forward, we will continue to closely watch the impact of the global spread of COVID-19. Plan to raise annual dividend by ¥2 y-o-y to ¥ 84/share, unchanged from t
Slide 9: Inquiries
Inquiries Mizuho Leasing Company, Limited Corporate Planning Department Corporate Communication Division Tel: +81-3-5253-6540 Fax: +81-3-5253-6539 This document contains forecasts and other forward-looking statements that are based on information available at the time of preparation of this document
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