Slide 1: Financial Results for FY2017 Presentation Materials
Financial Results for FY2017 Presentation Materials May 11, 2018 IBJ Leasing Co., Ltd. (Securities Code: 8425) Inquiries:Corporate Communication Division Tel:+81-3-5253-6540 Fax:+81-3-5253-6539
Slide 2: Contents
Contents I. Financial Results and Business Performance Overview ・・・ 2 II. Status of Fifth Mid-term Management Plan ・・・ 12 III. Appendix ・・・ 25 This document contains forecasts and other forward-looking statements that are based on information available at the time of preparation of this document and
Slide 3: I. Financial Results and Business Performance Overview
I. Financial Results and Business Performance Overview 2
Slide 4: Summary of FY2017
Summary of FY2017 Financial Results Net income attributable to owners of the parent was ¥13.6 billion, producing record-high income for the 5th consecutive year. Plan to increase the year-end dividend by ¥4 for an annual payout of ¥70 per share, in light of robust results in the initial fiscal y
Slide 5: Long-term performance trends (consolidated basis)
Long-term performance trends (consolidated basis) Net income (¥bn) Operating assets (¥bn) Annual dividend (¥) 1,683.0 billion yen 1,581.0 1,608.7 1,432.3 Posted new record 1,343.0 highs for 5 fiscal 1,263.1 years in a row 15.0 billion yen 13.6 billion yen Target figure for 12.4 the final fiscal year
Slide 6: Overview of Financial Results
Overview of Financial Results (¥bn) % POINTS FY15 FY16 FY17 Change Change Revenues 364.2 429.4 399.7 -29.7 -7％ ■ Gross profit before write-offs and Gross profit before write- funding costs increased steadily 44.8 44.9 45.2 +0.3 +1％ offs and funding costs ■ Funding costs increased owing (Funding cost
Slide 7: Business Performance Overview
Business Performance Overview POINTS (¥bn) % FY15 FY16 FY17 Change ■ Contract execution volume increased 22% Change from the previous fiscal year Contract 1,065.4 1,092.0 1,335.9 ＋243.9 +22% execution volume Leasing and installment sales Leasing and 465.5 475.7 430.5 -45.2 -10% ・A main cause was a d
Slide 8: Contract Execution Volume / Leasing and Installment Sales
Contract Execution Volume / Leasing and Installment Sales Contract execution volume by equipment type POINTS (¥bn) % FY15 FY16 FY17 Change Change ■ Decreased owing to the selection Industrial and factory 110.3 98.8 61.5 -37.3 -38% and execution of projects Information and 93.8 78.9 81.2 +2.3 +3% com
Slide 9: Contract Execution Volume / Financing
Contract Execution Volume / Financing Contract execution volume POINTS (¥bn) FY15 FY16 FY17 Change % Change ■ Increased owing mainly to short- term commercial distribution Commercial ＋306.7 ＋59％ business and contract conclusion Distribution Finance 519.5 516.1 822.8 in factoring / Loan etc. Aircraft
Slide 10: Balance (Real Estate/Global)
Balance (Real Estate/Global) (¥bn) 245.7 POINTS 250 219.3 196.6 Real estate 200 98.9 79.9 ■ Continuation of operations based on 70.8 150 146.8 property ownership businesses 139.4 7.7 (outlined in red), mainly in 125.8 25.0 13.2 47.9 metropolitan areas 100 Financing, etc. 62.7 ー Initiatives in allian
Slide 11: Funding
Funding Interest-bearing debt increased from the end of the previous fiscal year in line with the increase of operating assets. Expand the CP issuance limit* and procure funds flexibly at low rates *The non-consolidated CP issuance limit was increased from ¥400.0 billion to ¥550.0 billion in Oct
Slide 12: Earnings Forecasts and Dividends
Earnings Forecasts and Dividends Plan to achieve net income attributable to owners of the parent of ¥14.5 billion, producing record-high income for the 6th consecutive year. 【Dividends】 ・Plan to revise year-end dividend for FY2017; a ¥4 increase from ¥34/share to ¥38/share. ・Plan to raise annual d
Slide 13: II. Status of Fifth Mid-term Management Plan
II. Status of Fifth Mid-term Management Plan 12
Slide 14: Overview of Fifth Mid-term Management Plan (FY 2017-2019)
Overview of Fifth Mid-term Management Plan (FY 2017-2019) Vision “Value-creating company tackling challenges together with clients” Business Strategies and Reinforcement of Management Base Vigorously promote more profitable businesses leveraging expertise Basic policy and financial strengths gained
Slide 15: Approach for Promoting Fifth Mid-term Management Plan Focus Areas
Approach for Promoting Fifth Mid-term Management Plan Focus Areas ■ Meet diverse client needs with new business strategies, and expand businesses in high-growth potential areas ■ Accelerate initiatives that span focus areas based on clients’ needs over the mid- to long-term Promote business with cli
Slide 16: New Business Strategies
Promote business with clients New Business Strategies ■Support clients’ commercial distribution: Expand opportunities for revenue by being involved in commercial distribution from upstream to downstream ■Jointly promote service business with clients: Help clients change their business model, and rec
Slide 17: Market Outlook and Strategies by Focus Area
Further reinforce initiatives in focus areas Market Outlook and Strategies by Focus Area Market outlook Focus areas (Changes in social and industrial structures) Strategies FY17 results and Target figure for the final fiscal year 1 Real estate needs will increase for childcare and nursing care, • Re
Slide 18: Real Estate: Overview of Initiatives
Further reinforce initiatives in focus areas 1 Real Estate: Overview of Initiatives ■ Build up track-record within and outside Japan in addition to initiatives in new areas such as hotel, daycare, and nursing care Overview of initiatives and examples of projects Support business Expand opportunities
Slide 19: Medical and Healthcare: Overview of Initiatives
Further reinforce initiatives in focus areas 2 Medical and Healthcare: Overview of Initiatives Expand scope of sales activities from hospitals centering on financing for medical equipment to nursing care Jointly promote service business with clients by collaborating with healthcare-related partn
Slide 20: Environment and Energy: Overview of Initiatives
Further reinforce initiatives in focus areas 3 Environment and Energy: Overview of Initiatives By collaborating with business partners and expanding the scope of energy-related clients and end-users, steadily produce results in renewable energy leasing and local government-targeted leasing Overvie
Slide 21: Technology: Overview of Business Model IBJL is Aiming for
Further reinforce initiatives in focus areas 4 Technology: Overview of Business Model IBJL is Aiming for ■Taking into account business opportunities expected with the evolution of IoT, provide new solutions based on clients’ needs identified in focus areas ■In the future, consider entering service u
Slide 22: Global (Aircraft): Overview of Initiatives
Further reinforce initiatives in focus areas 5a Global (Aircraft): Overview of Initiatives ■ Expand initiatives for aircraft-backed collateralized loans leveraging knowledge gained from aircraft operating leases Overview of initiatives and examples of projects Major projects Overview of initiatives
Slide 23: Global (Overseas Subsidiaries): Overview of Initiatives
Further reinforce initiatives in focus areas 5b Global (Overseas Subsidiaries): Overview of Initiatives ■ Build up track-record among Japanese and non-Japanese clients by collaborating with business partners ■ For non-Japanese clients, there has been a particular increase in projects to respond to c
Slide 24: Client-oriented Initiatives Spanning Focus Areas
Initiatives spanning focus areas Client-oriented Initiatives Spanning Focus Areas ■ Provide comprehensive package solutions that span focus areas and are tailored to a wide range of client needs Provide solutions to meet a wide range of client needs Comprehensive package solutions spanning focus are
Slide 25: Reinforcement of Management Base
Reinforcement of Management Base ■Reinforce management base to enable IBJL to explore and test new business models and respond to new and diverse risks by developing risk-return management, governance, and resource strategy structures Business Strategies and Reinforcement of Management Base Basic po
Slide 26: III. Appendix
III. Appendix 25
Slide 27: Company Profile
Company Profile Company Name IBJ Leasing Company, Limited Address 1-2-6 Toranomon, Minato-ku, Tokyo 105-0001 Representative Hiroshi Motoyama, President and CEO Establishment December 1, 1969 Listing Tokyo Stock Exchange, 1st Section (Code: 8425) Capital Stock 17,874 million yen (Outstanding shares:
Slide 28: Stock Status (as of March 31, 2018)
Stock Status (as of March 31, 2018) ○ Outstanding shares: 42,649,000 ○ Major shareholders ○ Number of shareholders: 41,614 Shareholders Shares held Holding ratio (1,000 shares） (%) ○ Shareholder distribution (Holding ratio) The Dai-ichi Life Insurance Company, Limited 2,930 6.87 NISSAN MOTOR CO., LT
Slide 29: Consolidated B/S (Assets)
Consolidated B/S (Assets) (¥bn) Mar.31, Mar.31, Mar.31, Mar.31, Mar.31, Change Change 2017 2018 2014 2015 2016 (B)-(A) (B)/(A) (A) (B) Current assets 1,356.0 1,434.4 1,554.0 1,566.6 1,604.0 +37.4 +2.4％ Cash and cash equivalents 37.7 38.7 49.4 42.3 30.3 -12.0 -28.3％ Lease receivable 753.8 812.0 842.0
Slide 30: Consolidated B/S (Liabilities and Net Worth)
Consolidated B/S (Liabilities and Net Worth) (¥bn) Mar.31, Mar.31, Mar.31, Mar.31, Mar.31, Change Change 2017 2018 2014 2015 2016 (B)-(A) (B)/(A) (A) (B) Current liabilities 1,019.0 1,044.3 1,119.2 1,045.8 1,082.1 +36.3 +3.5％ Short-term borrowings 295.4 336.5 364.4 312.7 270.7 -42.0 -13.4％ Current p
Slide 31: Consolidated Statements of Income
Consolidated Statements of Income (¥bn) FY16 FY17 Change Change FY13 FY14 FY15 (A) (B) (B)-(A) (B)/(A) Revenues 354.8 353.7 364.2 429.4 399.7 -29.7 -6.9％ Gross profit before write-offs 43.0 41.6 44.8 44.9 45.2 +0.3 +0.6％ and funding costs Funding costs 6.4 6.3 6.4 5.7 7.0 +1.3 +22.2％ Gross profit 36
Slide 32: Consolidated Statement of Comprehensive Income
Consolidated Statement of Comprehensive Income (¥bn) FY16 FY17 Change Change FY13 FY14 FY15 (A) (B) (B)-(A) (B)/(A) Net income* 11.0 11.6 12.1 12.6 14.2 ＋1.6 +12.3％ Unrealized gain on available-for-sale 0.9 2.8 1.6 0.1 1.0 ＋0.9 - securities Deferred loss on derivatives under 0.3 0.1 -0.4 0.2 0.1 -0.
Slide 33: Gross Profit Before Write-offs and Funding Costs by Segment
Gross Profit Before Write-offs and Funding Costs by Segment (¥bn) FY16 FY17 Change Change FY13 FY14 FY15 (A) (B) (B)-(A) (B)/(A) Revenues 354.8 353.7 364.2 429.4 399.7 -29.7 -6.9％ Leasing and Installment 342.1 343.9 352.1 417.0 386.4 -30.6 -7.3％ sales Finance 11.9 9.0 11.4 11.7 12.8 +1.1 +9.7％ Other