Mitsubishi Hc Capital Inc. · TSE:8593
Mitsubishi Hc Capital — Hitachi Capital — FY2011 Earnings Presentation
14 slides from Mitsubishi Hc Capital's earnings presentation, Apr 25, 2012
Slide 1: Consolidated Financial Results Summary for the Year Ended March 31, 2012
Consolidated Financial Results Summary for the Year Ended March 31, 2012 April 25, 2012
Slide 2: Full-Year Earnings Summary (Results)
Full-Year Earnings Summary (Results) (Millions of Yen, %) FY2010 FY2011 Result Result vs FY2010 Revenues 92,018 92,994 101 (of which operating revenues) 90,970 92,164 101 Expenses 74,558 70,756 95 (of which SG&A expenses) 57,273 57,168 100 (of which financing costs) 17,284 13,588 79 Operating income
Slide 3: Changing Factors of FY2011 Ordinary Income
Changing Factors of FY2011 Ordinary Income Effect of exchange rate changes② Drop in revenues ▲1.6 Increase in SG&A Effect of ▲2.0 Non- exchange rate operating changes① income or Decrease in loss expenses +0.2 +1.1 Increase in revenues (new businesses and Reduction overseas of businesses) +2.6 22.6 R
Slide 4: Details of Revenues and Segment Income
Details of Revenues and Segment Income (Millions of Yen, %) FY2010 FY2011 Result Result vs FY2010 Revenues 92,018 92,994 101 Total Segment income 17,460 22,238 127 Revenues 41,021 39,590 97 Financial services Segment income 8,197 9,988 122 Revenues 15,840 16,016 101 Commission services Segment incom
Slide 5: Details of Expenses
Details of Expenses (Millions of Yen, %) FY2010 FY2011 Result Result vs FY2010 Expenses 74,558 70,756 95 SG&A expenses 57,273 57,168 100 Personnel expenses 32,705 33,459 102 Business management 19,301 20,015 104 expenses, etc. Provision for allowance for losses on receivables and 5,265 3,693 70 loan
Slide 6: (Reference) Credit Loss by Geographical Segment
(Reference) Credit Loss by Geographical Segment (Millions of Yen, %) FY2010 FY2011 Result Result vs FY2010 Credit loss 6,845 4,414 ▲2,430 Credit loss ratio 0.26 0.17 ▲0.09 Credit loss 1,865 1,748 ▲116 Japan Credit loss ratio 0.08 0.08 0.00 Europe and Credit loss 4,764 2,339 ▲2,424 US Credit loss rat
Slide 7: Balance Sheets
Balance Sheets (Billions of Yen) As of Mar.31, As of Mar.31, 2012 vs Mar. 2011 2012 vs Mar. 2011 Total current assets 1,335.5 174.7 Total current liabilities 887.8 182.5 Cash on hand and at bank 22.5 9.7 Trade payables 269.9 45.2 Bank loans and commercial Parent company deposit 111.5 23.8 paper 461.
Slide 8: Financial Services
Financial Services (Millions of Yen, %) FY2010 FY2011 Result Result vs FY2010 Revenues 41,021 39,590 97 Segment income 8,197 9,988 122 Financial Volume of business 529,171 477,204 90 services (Agriculture/Medical) 65,473 58,024 89 （Corporate） 446,278 411,395 92 （Consumers） 20,136 10,797 54 © Hitachi
Slide 9: Commission Services
Commission Services (Millions of Yen, %) FY2010 FY2011 Result Result vs FY2010 Revenues 15,840 16,016 101 Segment income 2,748 1,793 65 Commission Volume of business 650,375 637,787 98 services (Agriculture/Medical) 28,475 27,401 96 （Corporate） 529,823 531,042 100 （Consumers） 108,708 95,902 88 © Hit
Slide 10: Supply and Sales Services
Supply and Sales Services (Millions of Yen, %) FY2010 FY2011 Result Result vs FY2010 Revenues 11,234 12,039 107 Segment income 3,168 3,789 120 Supply and Volume of business 57,100 59,181 104 sales services (Agriculture/Medical) － － － （Corporate） 59,840 61,398 103 （Consumers） － － － © Hitachi Capital
Slide 11: Overseas Businesses
Overseas Businesses (Millions of Yen, %) FY2010 FY2011 Result Result vs FY2010 Revenues 27,007 28,489 105 Segment income 5,990 9,433 157 Overseas Volume of business 298,604 353,971 119 businesses (Europe and US) 226,980 242,900 107 (Asia) 71,624 111,070 155 © Hitachi Capital Corporation 2012. All ri
Slide 12: FY2012 Full-Year Earnings Projection
FY2012 Full-Year Earnings Projection (Millions of Yen, %) FY2011 FY2012 Result Projection vs FY2011 Revenues 92,994 100,000 108 (of which operating revenues) 92,164 98,800 107 Expenses 70,756 76,900 109 (of which SG&A expenses) 57,168 59,100 103 (of which financing costs) 13,588 17,800 131 Operating
Slide 13: Changing Factors of FY2012 Ordinary Income
Changing Factors of FY2012 Ordinary Income Effect of exchange rate changes② Drop in revenues Increase in ▲1.7 financing costs ▲4.7 Increase in Effect of SG&A due to exchange rate expansion of changes① overseas Increase in Reduction of businesses bad debt expenses ▲1.4 expenses +1.1 ▲1.1 Increase in
Slide 14: 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