Nec Capital Solutions Limited · TSE:8793
Nec Capital Solutions — H1 FY2009 Earnings Presentation
15 slides from Nec Capital Solutions's earnings presentation, Oct 28, 2009
Slide 1: Results Presentation for the First Half of the Fiscal Year Ending March 31, 2010
Results Presentation for the First Half of the Fiscal Year Ending March 31, 2010 October 28, 2009 NEC Capital Solutions Limited
Slide 2: Contents
Contents 1. Report of Financial Results for First Half of FY2009 1) Business Environment 2) Financial Summary 3) Consolidated Revenue by Business 4) Consolidated Operation by Business 5) Credit Costs 6) Funding 2. Progress of Third Medium-Term Business Plan 1) Outline of Third Medium-Term Business P
Slide 3: Business Environment
1. 1 Business Environment -A decrease in capital expenditures and a decline in lease transactions due to the revision of the Accounting Standard for Lease Transactions Lease transactions in the first half of FY2009 declined 20.5% year on year. (source: lease statistics of Japan Leasing Association)
Slide 4: Consolidated Financial Summary
1. 2 Consolidated Financial Summary -Net sales declined ¥12.4 billion from a year ago, to ¥118.9 billion due to depression in new lease contracts and other factors. -Operating income rose ¥2.1 billion, to ¥5.1 billion by offsetting increase in bad debts charges more than offset by a rise in profit i
Slide 5: Consolidated Revenue by Business
1. 3 Consolidated Revenue by Business (Billions of Yen) March March Leasing Business 2009 2010 Because of execution of new contracts (1H) (1H) Changes decreased, net sales declined ¥12.5 billion from Leasing Net Sales 122.6 110.1 12.5 a year ago, to ¥110.1 billion. Business Despite the fall in net s
Slide 6: Consolidated Operation by Business
1. 4 Consolidated Operation by Business ▌Contracts Executed by Business (Billions of Yen) ▌Operating Assets by Business (Billions of Yen) March March 800 2009 2010 708.2 662.7 647.8 Changes 600 148.7 147.3 146.0 (1H) (1H) Loan Leasing Business 97.2 82.5 14.7 400 559.5 515.4 501.7 Loan Business 159.7
Slide 7: Credit Costs (Consolidated)
1. 5 Credit Costs (Consolidated) -The amount of new bankruptcies increased ¥500 million from the previous year. -Since the Company posted a conservative allowance for bad debts for general debts in the first quarter, total credit costs including the amount above were below this forecast at the begin
Slide 8: Funding (Consolidated)
1. % 6 Funding (Consolidated) ▐ Cost of funding ratio ▐ Interest-bearing debts (Billions of Yen) 1.5% 1.4% Cost of funding ratio(%) March 2009 September 2009 1.3% = Cost of funding / average balance 1.2% of interest - bearing debts Composition Composition 1.1% 1.01% 1.21% 1.0% Short-term loans 43.8
Slide 9: Outline of Third Medium-Term Business Plan (Formulated at March 2008)
2. 1 Outline of Third Medium-Term Business Plan (Formulated at March 2008) -The situation at the time of formulating Third Medium-term Business Plan--- Change in lease accounting standards and tax system, acceleration of industry reorganization, impact of rising interest rates, behind the other list
Slide 10: Progress of Business Portfolio Strategy: Financial Solutions Domain
2. 2 Progress of Business Portfolio Strategy Financial Solutions Domain -Starting collaboration with RISA Group Acquiring new projects by establishing project information routes in cooperation with RISA and regional financial institutions Examples of industries: shipbuilding, brewing NEC Capital Bus
Slide 11: Progress of Business Portfolio Strategy: Assets Solutions Domain
2. 2 Progress of Business Portfolio Strategy Assets Solutions Domain - Expanding the ICT asset management service (PC-PIT) ▐ Major destinations of exports from Reboot Technology Services, Ltd. - Reboot Technology Services, Ltd. operating in full- scale - Launching a new rental model in collaboration
Slide 12: Strategy for Strengthening Management Functions, Governance and CSR
2. 3 Progress of Strategy for Strengthening Management Functions and Policy to Enhance Governance and CSR Strategy for Strengthening Management Functions -A system project (a fully upgraded mission-critical system is expected to begin operating in 2012) is moving forward steadily -Developing a monit
Slide 13: Results Forecast
3. 1 Results Forecast (Billions of Yen) Actual Forecast March 2009 March 2010 March 2010 (1H) Y on Y Net Sales 261.0 118.9 243.0 6.9% Operating Income 3.6 5.1 6.0 66.0% Ordinary Income 3.4 5.1 6.0 78.5% Net Income 3.8 1.3 3.6 - Net Income per Share (Yen) 176.75 61.90 167.18 - ▐ Dividend per Share (Y
Slide 14: Disclaimer
This presentation material is intended to provide our corporate information and not to solicit you to purchase, sell, or invest in the securities issued by NEC Capital Solutions Limited. We request that the investment decision shall be made at your own discretion. This presentation material contains
Slide 15: Empowered by Innovation
Empowered by Innovation NEC
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