Mizuho Leasing Company, Limited · TSE:8425
Mizuho Leasing — IBJ Leasing — Q1 FY2019 Earnings Presentation
8 slides from Mizuho Leasing's earnings presentation, Aug 7, 2019
Slide 1: Overview of Financial Results: First-Quarter Results for FY2019
Overview of Financial Results Overview First-Quarter Results for FY2019 August 7, 2019 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 and subject to certain risks and unce
Slide 2: Summary of First-Quarter Results for FY2019
Summary of First-Quarter Results for FY2019 Recorded gross profit before write-offs and funding costs of ¥14.5 billion, an increase of ¥2.1 billion y-o-y －a record-high on a quarterly basis Each income indicator progressed favorably against full-year forecasts. (¥bn) FY17 FY18 FY19 % FY19 % Chan
Slide 3: Overview of Financial Results
Overview of Financial Results (¥bn) FY17 FY18 FY19 % POINTS Change 1Q 1Q 1Q Change ■ Due to the sale of multiple properties upon Revenues 94.2 85.4 143.2 +57.8 +68% completion of real estate-related bridge scheme projects Gross profit before write- 11.2 12.4 14.5 +2.1 +17% offs and funding costs ■ G
Slide 4: Business Performance Overview
Business Performance Overview POINTS (¥bn) FY17 FY18 FY19 % ■Contract execution volume decreased 15% y-o-y Change 1Q 1Q 1Q Change ・ For “Leasing and installment sales,” execution volume Contract 310.8 398.1 337.2 -60.9 -15% steadily increased in areas such as industrial and execution volume factory,
Slide 5: Contract Execution Volume / Leasing and Installment Sales
Contract Execution Volume / Leasing and Installment Sales Contract execution volume by equipment type POINTS (¥bn) FY17 FY18 FY19 Change % 1Q 1Q 1Q Change Industrial and factory 24.6 32.4 61.1 +28.7 +89% ■ Captured large projects Information and 19.5 14.8 25.1 +10.3 +70% ■ Widely captured capital in
Slide 6: Contract Execution Volume / Financing
Contract Execution Volume / Financing Contract execution volume POINTS (¥bn) FY17 FY18 FY19 % Change 1Q 1Q 1Q Change Commercial ■ Short-term commercial distribution Distribution Finance 197.0 204.9 142.3 -62.6 -31％ finance decreased / Loan, etc. Aircraft 5.8 6.4 1.1 -5.3 -83％ ■ Executed large-scale
Slide 7: Funding
Funding Interest-bearing debt remained unchanged from the end of the previous fiscal year. Funding costs ratio increased due to higher foreign currency borrowings as a result of the expansion of the global business. Interest-bearing debt Funding costs (ratio) Borrowings CP Bonds/securitization F
Slide 8: Earnings Forecasts and Dividends
Earnings Forecasts and Dividends Net income attributable to owners of the parent steadily progressed against FY2019 annual plans. Plan to raise annual dividend for the 18th straight year in FY2019; ¥2 increase y-o-y to ¥80/share. (¥bn) FY2018 FY2019 Change % Change (Results) (Forecast) 1Q result