Slide 1: Financial Results for FY2014 Presentation Materials
Presentation Materials Financial Results for FY2014 Presentation Materials May 13, 2015 IBJ Leasing Co., Ltd. （TSE：8425） Inquiries: Toshiyuki Nishii, Corporate Communication Division Tel:+81-3-5253-6540 Fax:+81-3-5253-6539 This document is contains forecasts and other forward-looking statements that
Slide 2: Contents
《Contents》 Ⅰ．Fiscal 2014 Overview ・・・・・・・・・・・ 2 Ⅱ．Business Performance Overview ・・・・・・・・・・ 5 Ⅲ．Financial Results Overview ・・・・・・・・・・・・ 12 Ⅳ．Business and Dividend Forecast ・・・・・・・・・ 17 (Appendix) ・・・・・・・・・・・・ 19 1
Slide 3: Fiscal 2014 Overview
Ⅰ．Fiscal 2014 Overview 2
Slide 4: The Fourth Mid-term Management Plan (Year 2014-2016)
The Fourth Mid-term Management Plan（Year 2014－2016） Theme Operating Assets （¥bn） “Challenging for renewed growth” Net Income （¥bn） Business Strategies 1,500.0 1,432.3 Enhancement of core businesses 1,263.1 1,343.0 □＝Target values ※ Improvement of special finance ※ portfolio 12.0 11.5 Bolstering and
Slide 5: FY2014 Financial Results Highlights
FY2014 Financial Results Highlights In FY2014, both asset balance and profits exceeded the targets for the fiscal year ※Figures in parenthesis are FY2014 forecast values - Operating Assets：¥1,432.3 billion （¥1,400.0 billion） - Operating Income：¥17.9 billion （¥16.7 billion）, Ordinary Income：¥19.0 b
Slide 6: Business Performance Overview
Ⅱ．Business Performance Overview 5
Slide 7: Sales
Sales Contract execution volume increased for both leasing and installment sales and financing, as we captured diverse needs Operating assets reached the FY2014 target of ¥1.4 trillion, as there was a significant increase in leasing and installment sales The FY2015 operating assets target is ¥
Slide 8: Leasing and Installment Sales
Leasing and Installment Sales Despite the lingering impact of the consumption tax rate hike on the market overall, contract execution volume increased 19% y-o-y - In the mainstay Industrial and factory equipment area, there was a significant increase as we captured capital investment targeting maj
Slide 9: Financing
Financing Contract execution volume increased ¥34.0 billion y-o-y to ¥486.8 billion Operating assets stayed at roughly the same level as the previous year, due to overcame large lease repayments - There was an increase in factoring contract execution volume and operating assets as we captured th
Slide 10: Core Businesses Overview
Core Businesses Overview 【Customer Base Expansion】 Proactively carried out integrated consultative sales, and captured a wide range of needs centered on large- and mid-sized companies - In addition to large-scale capital investment, we also responded to financial management needs including funding
Slide 11: Specialized Finance
Specialized Finance 【Aircraft Finance】 Doubled asset balance, by accumulating superior assets, centered on aircraft-backed collateral loans, while keeping a diversified portfolio 【Real Estate-related Business】 Maintained and increased asset balance while boosting profitability by reshuffling the
Slide 12: Overseas Business
Overseas Business Supported Japanese companies’ overseas development, particularly in Asia - Proactively carried out sales narrowing the target on specific sectors and corporate groups, such as automobile-related, etc. - Ramped up sales activities in the Philippines, Vietnam, and other areas where
Slide 13: Financial Results Overview
Ⅲ．Financial Results Overview 12
Slide 14: Consolidated P/L
Consolidated P/L Gross profit before write-offs declined despite the fact that the increase in asset volume partially offset the impact of the decline in yield There was a credit cost reversal of ¥2.0 billion, and there was an increase in all profit lines below operating income (a new record hig
Slide 15: Profitability
Profitability While there was a decline in gross profit before write-offs and funding costs, the increase in volume of operating assets offset the impact of the decline in yield - In Financing, profit was roughly flat y-o-y, while in Leasing and Installment sales secondary profit such as from re-l
Slide 16: Interest-bearing Debt and Net Assets
Interest-bearing Debt and Net Assets Interest-bearing debt increased in conjunction with the increase in operating assets, while foreign- currency denominated debt increased due to the increase in overseas assets The group worked as one to lower borrowing costs, and cost of funding continued to
Slide 17: Credit Costs
Credit Costs There was a reversal of ¥2.0 billion, due to the low level of new credit costs along with the decline in the charge-off ratio - The quality of assets increased, as in addition to the settling down of corporate bankruptcies, as well as enhanced credit management This fiscal year （FY2
Slide 18: Business and Dividend Forecast
Ⅳ．Business and Dividend Forecast 17
Slide 19: Results Forecast and Dividend
Results Forecast and Dividend We expect the domestic economy to grow modestly, aided by solid personal consumption and capital investment We will steadily step up our efforts aimed at achieving the targets for the final fiscal year of the Mid- Term Management Plan - We will further strengthen ou
Slide 20: Appendix
Appendix 19
Slide 21: Company Profile
Company Profile Company Name: IBJ Leasing Company, Limited Address: 1-2-6 Toranomon, Minato-ku, Tokyo 105-0001 Representative: Setsu Onishi, President and CEO Establishment: December 1, 1969 Listing: Tokyo Stock Exchange, 1st Section (Code:8425) Capital Stock: ¥17.874 billion（Outstanding shares: 42,
Slide 22: Shareholders (As of March 31, 2015)
Shareholders（As of March 31, 2015） ○Outstanding Shares: 42,649 thousand ○ Largest shareholders Shares ○Shareholders 27,337 Shareholders held Ratio （％） （thousand） The Dai-ichi Life Insurance Company, Limited 2,930 6.87 ○Shareholder Distribution（Holding ratio） NISSAN MOTOR.,LTD. Retirement Benefit Tru
Slide 23: Consolidated B/S (Assets)
Consolidated B/S (Assets) （¥bn） Mar.31, Mar.31, Mar.31, Mar.31, Mar.31, Change Change 2014 2015 2011 2012 2013 (B) – (A) (B)/(A) (A) (B) Current Assets 947.9 1,229.1 1,265.6 1,356.0 1,434.4 +78.4 +5.8% Cash and Cash equivalents 37.7 41.3 30.5 37.7 38.7 +1.0 +2.8% Lease receivable 511.7 704.2 728.9 7
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 2014 2015 2011 2012 2013 (B) - (A) (B)/(A) (A) (B) Current Liabilities 705.9 900.9 979.9 1,019.0 1,044.3 +25.3 +2.5% Short-term borrowings 137.5 172.9 233.5 295.4 336.5 +41.1 +13.9% Current portio
Slide 25: Consolidated statements of income
Consolidated statements of income （¥bn） FY2013 FY2014 Change Change FY2010 FY2011 FY2012 (A) (B) (B)－(A) (B)/(A) Revenues 256.1 270.1 352.5 354.8 353.7 -1.1 -0.3% Gross profit before write-offs 36.5 36.6 44.3 43.0 41.6 -1.4 -3.2% and funding costs Funding costs 5.5 5.3 6.6 6.4 6.3 -0.1 -1.4% Gross p
Slide 26: Consolidated statement of comprehensive income
Consolidated statement of comprehensive income （¥bn） FY2013 FY2014 Change Change FY2010 FY2011 FY2012 (A) (B) (B)-(A) (B)/(A) Net income before minority 9.1 4.4 9.6 11.0 11.6 +0.6 +5.0% interests Unrealized gain on available- -0.5 -0.0 1.6 0.9 2.8 +1.9 +213.9% for-sale securities Deferred loss on de
Slide 27: Gross profit before write-offs and funding costs by segment
Gross profit before write-offs and funding costs by segment （¥bn） FY2013 FY2014 Change Change FY2010 FY2011 FY2012 (A) (B) (B)-(A) (B)/(A) Revenues 256.1 270.1 352.5 354.8 353.7 -1.1 -0.3% Leasing 233.8 249.6 327.5 316.2 318.6 +2.4 +0.8% Installment sales 14.2 11.6 15.4 25.9 25.2 -0.7 -2.4% Loans 6.