Nec Capital Solutions Limited · TSE:8793
Nec Capital Solutions — FY2009 Earnings Presentation
17 slides from Nec Capital Solutions's earnings presentation, Apr 30, 2010
Slide 1: Results Presentation for the Fiscal Year Ended March 31, 2010
Results Presentation for the Fiscal Year Ended March 31, 2010 April 30, 2010 NEC Capital Solutions Limited
Slide 2: Contents
Contents 1. Report of Financial Results for FY 2009 (the Fiscal Year Ended March 31, 2010) 1) Business Environment 2) Financial Summary 3) Consolidated Revenue by Business 4) Consolidated Operation by Business 5) Credit Costs 6) Funding 2. Progress of Third Medium-Term Business Plan 1) Outline of Th
Slide 3: Business Environment
1. Report of Financial Results for FY2009 1） Business Environment The overall leasing industry continues to face a severe business environment. - Fall in the total number of leasing contracts - Impacted by a decline in capital expenditure and changes in lease accounting - Corporate bankruptcy and fu
Slide 4: Consolidated Financial Summary
1. Report of Financial Results for FY2009 2） Consolidated Financial Summary - Decline in the number of new leasing contracts Æ Lower net sales - Gain on valuation of derivatives an improvement in funding costs changes in accounting standards etc. Æ Higher ordinary income (Billions of Yen) ▌Major fac
Slide 5: Consolidated Revenue by Business
1. Report of Financial Results for FY2009 3） Consolidated Revenue by Business (Billions of Yen) March 2009 March 2010 Changes Leasing Business Leasing Net Sales 241.1 217.4 △23.7 Business • Lower sales, as a result Costs 219.0 193.5 △25.5 of a decline in new Funding Costs 7.0 5.2 △1.8 leasing contr
Slide 6: Consolidated Operation by Business
1. Report of Financial Results for FY2009 4） Consolidated Operation by Business ▌Contracts Executed by Business (Billions of Yen) ▌Operating Assets by Business March March (Billions of Yen) 2009 2010 Changes 800 709.4 662.7 670.0 Leasing Business 209.7 179.9 △29.8 Loan 600 139.3 147.3 177.2 Loan Bus
Slide 7: Credit Costs (Consolidated)
1. Report of Financial Results for FY2009 5） Credit Costs (Consolidated) - Credit costs inclined to rise, given large-scale individual bankruptcies and the adoption of stricter asset assessment. - Early bankruptcies fell significantly, the result of initiatives taken to strengthen the review structu
Slide 8: Funding (Consolidated)
1. Report of Financial Results for FY2009 資金原価率（%） 6） Funding (Consolidated) ＝資金原価÷有利子負債平残 ▐ Cost of funding ratio ▐ Interest-bearing debts (Billions of Yen) 1.5% 1.4% Cost of funding ratio(%) March 2009 March 2010 1.3% = Cost of funding / average balance 1.2% of interest - bearing debts Composition
Slide 9: Outline of Third Medium-Term Business Plan
2. Progress of Third Medium-Term Business Plan 1） Outline of Third Medium-Term Business Plan (Formulated at March 2008) -The situation at the time of formulating Third Medium-term Business Plan--- ･Change in lease accounting standards and tax system, acceleration of industry reorganization, impact o
Slide 10: Progress of Business Portfolio Strategy (1/3)
2. Progress of Third Medium-Term Business Plan 2） Progress of Business Portfolio Strategy(1/3) Financial Solutions Domain - Handling of finance projects for a wide range of customers who are not limited to those in NEC’s existing business channels •Rise in the amount of financing • Expansion of busi
Slide 11: Progress of Business Portfolio Strategy (2/3)
2. Progress of Third Medium-Term Business Plan 2） Progress of Business Portfolio Strategy (2/3) Assets Solutions Domain ▐ The Kitting Center - Expansion of ICT asset management service (PC-PIT) - Full scale operations of the kitting center - Reboot Technology Services, Ltd. became profitable for the
Slide 12: Progress of Business Portfolio Strategy (3/3)
2. Progress of Third Medium-Term Business Plan 2） Progress of Business Portfolio Strategy(3/3) Establishment of new relationships with NEC (Win-Win) Taking advantage of the sole financial institution in the NEC Group, new projects and customers have been identified and captured by strengthening the
Slide 13: Strengthening Management Functions, Governance and CSR
2. Progress of Third Medium-Term Business Plan 3） Progress of Strategy for Strengthening Management Functions and Policy to Enhance Governance, CSR Strategy for Strengthening Management Functions - Steady progress of the system project (the full renewal of the main system that is expected to start o
Slide 14: Effort to FY2010: Expansion of Business
3. Effort to FY2010 1） To expansion of Business Strengthen the solution business and improve management efficiency Introduction of a three division structure • Strengthen the market-oriented solution business structure. Business • Cooperation for the NEC Group’s Strategy services Division • Develop
Slide 15: Plan for FY2010: Financial Results Forecast
4. Plan for FY2010 1） Financial Results Forecast (Consolidated) (Billions of Yen) March 2010 March 2011 (Actual) (Forecast) Y to Y Net Sales 237.4 225.0 △5.2% Operating Income 7.7 7.0 △8.8% Ordinary Income 7.6 7.0 △8.5% Net Income 3.1 4.0 28.1% Net Income per Share (Yen) 145.01 185.76 - ▐ Dividend p
Slide 16: Disclaimer
This presentation material is intended to provide our corporate information and not to solicit you to purchase, sell, or invest in the securities issued by NEC Capital Solutions Limited. We request that the investment decision shall be made at your own discretion. This presentation material contains
Slide 17: Empowered by Innovation
Empowered by Innovation NEC