Mizuho Leasing Company, Limited · TSE:8425

Mizuho Leasing — FY2019 Earnings Presentation

13 slides from Mizuho Leasing's earnings presentation, May 14, 2020

1. Slide 1: Overview Results for FY2019

   Overview Results for FY2019 May 14, 2020 Mizuho Leasing Co., Ltd.

2. Slide 2: Summary of Results for FY2019

   Summary of Results for FY2019  Net income attributable to owners of the parent exceeded the target for the first year of the Sixth Mid-term Management Plan, hitting a record-high for the 7th straight year. －Achieved record-high profits for each category of income.  Plan to raise annual dividend fo

3. Slide 3: Overview of Financial Results

   Overview of Financial Results % (¥bn) FY17 FY18 FY19 Change Increased mainly due to sale of properties Change upon completion of real estate-related Revenues 399.7 384.9 539.2 +154.3 +40% bridge scheme projects Gross profit before write- Mainly due to increase in lease revenue offs and funding costs

4. Slide 4: Business Performance Overview

   Business Performance Overview % (¥bn) FY17 FY18 FY19 Change Change  For leasing and installment sales, Contract execution execution volume increased in areas 1,335.9 1,548.8 1,282.4 -266.4 -17% volume such as industrial and factory, information and communications, and Leasing and 430.5 549.4 692.4

5. Slide 5: Contract Execution Volume / Leasing and Installment Sales

   Contract Execution Volume / Leasing and Installment Sales Contract execution volume by equipment type % (¥bn) FY17 FY18 FY19 Change Change Captured large projects by capturing Industrial and factory 61.5 114.1 145.0 +30.9 +27% capital investment needs of large corporations Information and 81.2 93.4

6. Slide 6: Contract Execution Volume / Financing

   Contract Execution Volume / Financing Contract execution volume % (¥bn) FY17 FY18 FY19 Change Change Commercial Short-term commercial distribution finance Distribution Finance / 822.8 856.3 492.3 -364.0 -43% decreased Loan, etc. Aircraft 31.3 22.8 20.0 -2.8 -12% Acquired large-scale bridge scheme Re

7. Slide 7: Funding

   Funding  Interest-bearing debt increased due to an increase in operating assets and investment in overseas cooperative business operators.  The increase in funding costs is mainly due to higher foreign currency borrowings following an increase in foreign currency assets.  Funding costs ratio on a

8. Slide 8: Earnings Forecasts for FY2020

   Earnings Forecasts for FY2020  In FY2020, the harsh economic situation due to the spread of COVID-19 is expected to continue for the first quarter. Although gradual recovery is expected subsequently, the impact will remain through the year. Under these circumstances, impacts are expected including

9. Slide 9: Dividends

   Dividends  Plan for a year-end dividend of ¥42/share for FY2019.  Based on FY2020 earnings forecasts, plan to raise annual dividend for the 19th straight year to ¥84/share in FY2020, in consideration of balance between shareholder returns such as dividend payout ratio and accumulation of capital.

10. Slide 10: Supplementary Materials for Financial Results

    Supplementary Materials for Financial Results

11. Slide 11: Overview of Sixth Mid-term Management Plan (FY 2019-2023)

    Overview of Sixth Mid-term Management Plan (FY 2019-2023) Providing solutions that contribute to financial and Cooperation with strategic business partners business strategies for all our clients （※1） Enhancing lease financing business by expanding Mizuho Financial Group client base  One of the lar

12. Slide 12: Consolidated Targets for the Final Fiscal Year of Sixth Mid-term Management Plan

    Consolidated Targets for the Final Fiscal Year of Sixth Mid-term Management Plan (FY 2019-2023) Dividend Net income attributable Balance in Triple Aim for 25% to owners of the parent ¥30 billion the global area compared with that at payout or more the end of March 2019 ratio (¥bn) 30.0 Triple Compar

13. Slide 13: 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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