Mitsubishi HC Capital Inc. · TSE:8593
Mitsubishi HC Capital — Hitachi Capital — FY2015 Earnings Presentation
16 slides from Mitsubishi HC Capital's earnings presentation, Apr 28, 2016
Slide 1: Consolidated Financial Results Summary for Fiscal 2015
Consolidated Financial Results Summary for Fiscal 2015 April 28, 2016 © Hitachi Capital Corporation 2016. All rights reserved.
Slide 2: Contents
Contents 1. Summary of Consolidated Financial Results for Fiscal 2015 2. Summary of Performance by Business 3. Consolidated Financial Forecast for Fiscal 2016 © Hitachi Capital Corporation 2016. All rights reserved. 1
Slide 3: 1-1. Summary of Business Performance for Fiscal 2015
1-1. Summary of Business Performance for Fiscal 2015 (Millions of yen) FY2014 FY2015 Results Results Y on Y Change Revenues 356,291 365,354 103% Cost of sales 236,922 235,340 99% Gross profit 119,368 130,014 109% Selling, general and administrative expenses 80,381 84,783 105% Adjusted operating inco
Slide 4: 1-2. Changing Factors of Fiscal 2015 Profit before tax
1-2. Changing Factors of Fiscal 2015 Profit before tax ③ ④ ② ⑤ Increase in ⑥ ⑦ Effect of Smart bad-debt Decrease of ① Transfor expense revenues mation ▲1.7 from re-lease Scale down Effect of of consumer Exchange Business Project ▲1.8 business Expansion +2.6 rate ▲0.9 +6.4 changes +1.2 FY14 Extraordi
Slide 5: 1-3. Breakdown of Cost of sales/SG&A Expenses
1-3. Breakdown of Cost of sales/SG&A Expenses Breakdown of cost of sales (Millions of yen) FY2014 FY2015 Results Results Y on Y Change Cost of sales 236,922 235,340 99% (of which, cost of capital) 24,321 26,771 110% Breakdown of SG&A expenses (Millions of yen) FY2014 FY2015 Results Results Y on Y Ch
Slide 6: 1-4. (Reference) Credit Loss by region
1-4. (Reference) Credit Loss by region (Millions of yen) FY2014 FY2015 Results Results Y on Y Change Credit loss 3,949 5,327 +1,377 Credit loss ratio 0.12% 0.16% +0.04% Credit loss 954 1,125 +170 Japan Credit loss ratio 0.05% 0.06% +0.01% Europe/ Credit loss 1,254 2,536 +1,281 the Americas Credit lo
Slide 7: 1-5. Summary of Consolidated Statement of Financial Position
1-5. Summary of Consolidated Statement of Financial Position (Billions of yen) As of As of Mar. 31, 2016 vs As of Mar. 31, 2016 vs As of Mar. 31,2015 Mar. 31,2015 Cash and cash equivalents 157.0 +37.7 Trade and other payables 228.9 ▲44.0 Trade and other receivables 1,358.9 ▲8.9 Borrowings and bonds
Slide 8: 2-1. Summary of Japan Business/Global Business
2-1. Summary of Japan Business/Global Business (Millions of yen) FY2014 FY2015 Y on Y Change Global ratio Results Results Japan Business 221,136 225,750 102% 38.2% Revenues (Y on Y +0.3%) Global Business 135,155 139,604 103% Japan Business 159,144 163,905 103% 30.4% Cost of sales (Y on Y ▲2.5%) Glob
Slide 9: 2-2. Breakdown of Japan Business (1): Volume of Business/Operating Assets
2-2. Breakdown of Japan Business (1): Volume of Business/Operating Assets (Millions of yen) FY2014 FY2015 Y on Y Results Results Change Volume of business 1,195,547 1,204,565 101% Account Solution 1,050,121 1,059,603 101% of which, factoring 333,871 266,231 80% of which, excluding factoring 716,250
Slide 10: 2-3. Breakdown of Japan Business (2): Revenues/Gross Profit/Profit before Tax
2-3. Breakdown of Japan Business (2): Revenues/Gross Profit/Profit before Tax (Millions of yen) FY2014 FY2015 Y on Y Change Results Results Revenues 221,136 225,750 102% Account Solution 188,164 196,967 105% Vendor Solution 20,865 19,421 93% Total of reportable segments 209,030 216,389 104% Other (B
Slide 11: 2-4. Breakdown of Global Business (1): Volume of Business/Operating Assets
2-4. Breakdown of Global Business (1): Volume of Business/Operating Assets (Millions of yen) Y on Y Foreign Y on Y FY2014 FY2015 exchange (excluding foreign Results Results Change effects exchange effects) Volume of business 923,303 1,085,591 118% 45,936 113% Europe 491,244 528,447 108% 11,956 105%
Slide 12: 2-5. Breakdown of Global Business (2): Revenues/Gross Profit/Profit before Tax
2-5. Breakdown of Global Business (2): Revenues/Gross Profit/Profit before Tax (Millions of yen) Y on Y Foreign Y on Y FY2014 FY2015 exchange (excluding foreign Results Results Change effects exchange effects) Revenues 135,155 139,604 103% 4,342 100% Europe 99,615 97,814 98% 2,272 96% The Americas 8
Slide 13: 3-1. FY2016 Full-Year Consolidated Earnings Forecast
3-1. FY2016 Full-Year Consolidated Earnings Forecast (Millions of yen) FY2015 FY2016 Y on Y Change Results Forecast Revenues 365,354 370,000 101% Cost of sales 235,340 235,400 100% (of which, cost of capital) 26,771 28,400 106% Gross profit 130,014 134,600 104% Selling, general and administrative ex
Slide 14: 3-2. Changing Factors of FY2016 Profit before tax
3-2. Changing Factors of FY2016 Profit before tax ② ③ ④ ① ⑤ Decrease of revenues Effect of from re-lease Scale down of consumer Smart ▲0.5 business Transfor mation ▲0.5 Effect of Business Project Exchange Expansion +1.1 rate +3.5 changes ▲3.4 50.4 46.6 47.0 FY2015 Result ：Increasing Factors FY2016 F
Slide 15: (Reference) Performance Highlights for Fiscal 2015
(Reference)Performance Highlights for Fiscal 2015 Exceeded in Japan Business, mainly in a steady performance in wholesale segment related mainly to information equipment and Volume of focused sectors primarily social infrastructure with prior period. business Exceeded in Global Business, mainly in a
Slide 16: 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