Slide 1: Overview of Financial Results: Results for FY2015
Overview of Financial Results Overview Results for FY2015 May 11, 2016 IBJ Leasing Co., Ltd. This document contains forecasts and other forward-looking statements that are based on information available at the time of preparation of this document. Actual business results may differ materially from t
Slide 2: Consolidated P/L
Consolidated P/L Gross profit before write-offs and funding costs increased ¥3.2 bn y-o-y on a quantitative and qualitative increase in operating assets After a ¥1.3 bn provision for credit costs, operating and ordinary income were broadly flat y-o-y Net income exceeded plan and reached an all
Slide 3: Overall situation
Overall situation Achieved double-digit growth in contract execution volume and operating assets Achieved growth in these two key indicators in both segments - Leasing and installment sales: contract execution volume up ¥9.1bn, operating assets up ¥73.2bn - Financings: contract execution volume
Slide 4: Leasing and Installment Sales
Leasing and Installment Sales Contract execution volume rose to record high for second straight year - Steady expansion in volume for almost all equipment types - Information and communications up sharply on capital investment by major telecom company - Construction’s decline reflects fallback to
Slide 5: Financing
Financing Contract execution volume up 23% y-o-y as responses to diverse needs helped capture highly profitable deals - Specialized Finance: aggressively responded to financing needs dictated by corporate capital policies - Aircraft Finance: increased operating assets by flipping large prepayment
Slide 6: Developments in Focus Areas
Developments in Focus Areas Building business with domestic demand-oriented industries Expanding customer base by promoting comprehensive proposal-based marketing that meets diverse needs - Increased real estate leases (land, buildings) by strengthening ties with developers of large retail project
Slide 7: New Developments
New Developments Aircraft-related business Established joint venture with Aircastle in US to specialize in aircraft operating leases - Targeting broader business domain, expansion of operating assets, and greater earnings potential Overseas Business Promoting developments targeted at medium-and
Slide 8: Profitability
Profitability Gross profit before write-offs and funding costs increased at Leasing and Installment Sales and Financing segments - Profit on Leasing and Installment Sales up ¥0.8bn y-o-y on increase in operating assets - Financing profit up ¥2.4bn y-o-y on steady increase in highly-profitable deal
Slide 9: Interest-bearing Debt and Net Assets
Interest-bearing Debt and Net Assets Interest-bearing debt rose in tandem with increase in operating assets Aggressive use of market-based funding, via CP and bond issuance, lowered Cost of funding (CoF) ratio Interest-bearing debt Funding costs(%) (¥bn) Cost of funding CoF Ratio (¥bn) Borrowing
Slide 10: Earnings forecasts and Dividends
Earnings forecasts and Ｄividends Japan’s economy is expected to return to recovery track but faces downside risks from weak consumer spending, slowdowns in overseas economies, and strong yen’s downward pressure on exports Expecting profit growth at each level in FY16, and a 4th straight year of