Mizuho Leasing Company, Limited · TSE:8425
Mizuho Leasing — Q1 FY2021 Earnings Presentation
12 slides from Mizuho Leasing's earnings presentation, Aug 6, 2021
Slide 1: Overview First-Quarter Results for FY2021
Overview First-Quarter Results for FY2021 August 6, 2021 Mizuho Leasing Co., Ltd.
Slide 2: Summary of First-Quarter Results for FY2021
Summary of First-Quarter Results for FY2021 Ordinary income (¥bn) 7.0 Ordinary income has steadily 6.5 6.5 increased amid the harsh operating 5.8 environment under the COVID-19 5.0 pandemic FY17 1Q FY18 1Q FY19 1Q FY20 1Q FY21 1Q Income indicators (¥bn) FY20 FY21 1Q Results 1Q Results Change Revenue
Slide 3: Factors behind change in net income attributable to owners of the parent
Factors behind change in net income attributable to owners of the parent ¥bn 0.7 0.8 0.0 (B) 0.3 (E) (A) 7.4 -0.3 -0.6 (C) (D) -0.3 (F) 1.0 5.0 -4.0 FY20 1Q Income from Gain on large Income from Funding costs Credit costs Selling, Other income Extraordinary Tax expense FY21 1Q lease, sale recorded f
Slide 4: Overview of Financial Results
Overview of Financial Results FY19 FY20 FY21 % The portion of gain on large sales (¥bn) Change 1Q 1Q 1Q Change in the same period of the previous fiscal year and the decline due to Revenues 143.2 115.4 118.3 +2.9 +3% foreign-currency factors were Gross profit before write-offs and almost recovered b
Slide 5: Business Performance Overview
Business Performance Overview Contract execution volume Operating assets Contract execution volume declined 18% y-o-y Operating assets remained flat compared to the end of the previous fiscal year － The decline in leasing and installment sales is mainly due to delays in capital investment of custome
Slide 6: Contract Execution Volume / Leasing and Installment Sales
Contract Execution Volume / Leasing and Installment Sales Contract execution volume by equipment type FY19 FY20 FY21 % (¥bn) Change 1Q 1Q 1Q Change Mainly bridge scheme projects for commercial Real estate 44.1 33.2 23.3 -9.9 -30% facilities, offices, etc. Information and Delays in capital investment
Slide 7: Contract Execution Volume / Financing
Contract Execution Volume / Financing Contract execution volume FY19 FY20 FY21 % (¥bn) Change 1Q 1Q 1Q Change Commercial Short-term commercial distribution distribution finance / 142.3 131.2 161.4 +30.2 +23% finance increased loan, etc. Financing for logistics facilities Real estate 8.8 17.6 9.0 -8.
Slide 8: Funding
Funding Funding costs and funding costs ratio both decreased due to factors such as lower foreign currency funding interest rates Interest-bearing debt Funding costs (ratio) (¥bn) Borrowings CP Bonds/securitization FY19 FY20 FY21 (¥bn) 2,400.0 2,267.4 1Q 1Q 1Q 2,255.4 2,000.6 Funding costs 2.6 2.2
Slide 9: Earnings Forecasts and Dividends
Earnings Forecasts and Dividends Each category of income for the first quarter remained strong against full-year forecasts ‒ Going forward, we will continue to closely watch the impact of the global spread of COVID-19 The plan is to increase annual dividend by ¥18/share y-o-y to ¥110/share FY202
Slide 10: Appendix
Appendix
Slide 11: Main topics (Examples of initiatives by the Group)
Main topics (Examples of initiatives by the Group) Business alliance with Mizuho Capital Co., Ltd. Acquired 15.01% of the shares in the venture capital company Mizuho Capital and executed a business alliance agreement in May 2021. Through this business alliance, we will provide risk capital to s
Slide 12: Inquiries
Connect needs to create the future Inquiries Mizuho Leasing Company, Limited Corporate Planning Department Corporate Communication Division Tel: +81-3-5253-6540 Fax: +81-3-5253-6539 This document contains forecasts and other forward-looking statements that are based on information available at the t
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