Japan Securities Finance Co., Ltd. · TSE:8511
Japan Securities Finance — FY2013 Earnings Presentation
41 slides from Japan Securities Finance's earnings presentation, May 14, 2014
Slide 1: 2014 a 2014
2014 3 a 2014 5 14
Slide 2: Slide 2
Slide 3: Summary of FY2013 results
2014 3 13 3 14 3 13 3 14 3 2,237 1,890 14,154 16,392 (15.8%) 17,675 19,566 (10.7%) 1,824 1,477 11,196 13,021 14,718 16,195 (16.3%) (10.0%) 7,015 7,513 498 8,193 8,747 553 5,849 6,925 1,076 7,694 8,249 555 662 781 1,290 1,952 (51.4%) 1,787 2,568 (43.7%) 486 179 307 813 562 1,560 2,373 (52.1%) 2,557 3
Slide 4: Japan Securities Finance Co.,Ltd
Japan Securities Finance Co.,Ltd 4
Slide 5: Japan Securities Finance Co.,Ltd
2014 3 1 2013 39.5 Japan Securities Finance Co.,Ltd 5
Slide 6: Japan Securities Finance Co.,Ltd
2014 3 2 3 4,719 2,838 1,880 1,808 1,494 314 Japan Securities Finance Co.,Ltd 6
Slide 7: Japan Securities Finance Co.,Ltd
2014 3 4 (2013/7/22) 4,405 780 → 165 4,411 4,245 4,405 4,405 152 809 657 55 55 525 525 198 198 780 780 Japan Securities Finance Co.,Ltd 7
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Japan Securities Finance Co.,Ltd 8
Slide 9: JASDAQ
1 JASDAQ 147 JASDAQ 125 272 (7/16) 1,990 2 (SBI SMBC ) Japan Securities Finance Co.,Ltd 9
Slide 10: Japan Securities Finance Co.,Ltd
3 2013 3 12 34,380 2014 3 16 48,103 4 Japan Securities Finance Co.,Ltd 10
Slide 11: Japan Securities Finance Co.,Ltd
100% 100% 20.0% 20.8% JSFIT Japan Securities Finance Co.,Ltd 11
Slide 12: Japan Securities Finance Co.,Ltd
2,859 2,356 503 339 486 146 2,683 2,181 502 582 71 511 176 175 0 95 151 55 23,694 24,543 848 591,157 726,860 135,702 45.05 59.65% Japan Securities Finance Co.,Ltd 12
Slide 13: Forecast for fiscal 2015
2015 3 ( ) 2015 3 2014 3 2,600 3,200 2,600 4,200 6,211 (+31) (+80) ( 3,611) 500 2,000 2,500 2,100 5,692 喰 (+47) (+126) ( 3,592) 1,100 5,300 1,600 2014 3 0.77 0% 3,706 0.40 567 喰 1,196 4,903 1,764 Japan Securities Finance Co.,Ltd 13
Slide 14: Slide 14
Slide 15: Japan Securities Finance Co.,Ltd
6.0 60% 5.0 50% 4.0 40% 3.0 30% 2.0 20% 1.0 10% 0.0 0% 1.2 90% 80% 1.0 70% 0.8 60% 50% 0.6 40% 0.4 30% 20% 0.2 10% 0.0 0% Japan Securities Finance Co.,Ltd 15
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Slide 17: Japan Securities Finance Co.,Ltd
(2012 4 8,000 4,000 7,000 6,000 3,000 5,000 4,000 2,000 3,000 2,000 1,000 1,000 0 0 Japan Securities Finance Co.,Ltd 17
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Slide 20: HP MOU
HP MOU Japan Securities Finance Co.,Ltd 20
Slide 21: Japan Securities Finance Co.,Ltd
2014 2016 Japan Securities Finance Co.,Ltd 21
Slide 22: Japan Securities Finance Co.,Ltd
2014 2016 Japan Securities Finance Co.,Ltd 22
Slide 23: Japan Securities Finance Co.,Ltd
Japan Securities Finance Co.,Ltd 23
Slide 24: Japan Securities Finance Co.,Ltd
捗 Japan Securities Finance Co.,Ltd 24
Slide 25: Japan Securities Finance Co.,Ltd
13 3 14 3 9,952 11,927 1,975 794 640 153 4,125 6,337 2,211 0.9 1.5 0.5 Japan Securities Finance Co.,Ltd 25
Slide 26: Dividends (DOE)
(DOE) 2014 3 14 7 7 2015 3 14 7 7 2014 2008 2009 2010 2011 2012 2013 20 14 14 14 14 14 14 10 7 7 7 7 7 7 10 7 7 7 7 7 7 80.3 38.6 37.7 8.4 19.1 60.4 24.2 - 36.5% 37.1% 166.3% 73.3% 23.2% 57.8% DOE 1.7% 1.2% 1.2% 1.2% 1.2% 1.2% 1.2% 28.3 27.0 17.3 13.2 11.0 55.3 19.6 70.7% 51.9% 80.7% 106.0% 127.1%
Slide 27: Share repurchases
(2014 5 12 ) 750 ( ) 7.0 45 ( ) 2014 5 13 7 29 2008 2008/4/1 2008/4/18 4,312,800 2,999 99,704,000 2008/5/15 2008/6/11 978,900 999 99,704,000 2008/6/27 2008/7/25 1,000,000 881 99,704,000 2008/9/24 6,004,000 93,700,000 6,291,700 4,881 Japan Securities Finance Co.,Ltd 27
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Slide 29: Japan Securities Finance Co.,Ltd
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Slide 30: Japan Securities Finance Co.,Ltd
336,324 324,205 293,429 218,059 214,164 490,635 244,306 328,755 305,083 241,035 502,322 601,206 51,887 46,863 45,850 50,893 55,865 157,232 53,141 51,448 39,782 96,488 122,011 201,076 14,282 17,173 18,405 20,330 18,472 36,223 18,714 20,944 18,143 25,727 34,380 48,103 88 302 0 0 0 0 0 0 0 0 0 0 410,82
Slide 31: Japan Securities Finance Co.,Ltd
喰 喰 Japan Securities Finance Co.,Ltd 31
Slide 32: Interest rate trends
2006 7 O/N 0.25% 2007 2 O/N 0.50% 2008 10 O/N 0.30% 0.20% 0.77% 0.40% 2008 12 O/N 0.10% 0.20% 2010 10 O/N 0 0.10% 0.10 0% 0% 2013 4 2006 7 27 0.74% +0.14% 2006 9 22 0.86% +0.12% 2007 3 15 1.02% +0.16% 2007 4 5 1.11% +0.09% 2009 1 29 0.97% 0.14% 2010 11 22 0.77% 0.20% Japan
Slide 33: Japan Securities Finance Co.,Ltd
Japan Securities Finance Co.,Ltd 33
Slide 34: Japan Securities Finance Co.,Ltd
14 3 14 3 834,782 1,142,600 270,656 1 324,480 1,303,154 1,165,709 695,438 1 3,000 127,070 Japan Securities Finance Co.,Ltd 34
Slide 35: Japan Securities Finance Co.,Ltd
( ) 遡 遡 Japan Securities Finance Co.,Ltd 35
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Slide 38: Japan Securities Finance Co.,Ltd
15 3 15 3 14 3 15 3 15 3 14 3 2 2 900 2,000 1,952 1,200 2,600 2,568 1,200 2,500 2,373 1,400 3,200 3,119 900 2,100 5,692 1,000 2,600 6,211 8.39 19.58 55.31 9.32 24.23 60.35 5,300 1,600 0.77 0% 0.40% Japan Securities Finance Co.,Ltd 38
Slide 39: Japan Securities Finance Co.,Ltd
2008 2008/4/1 2008/4/18 4,312,800 2,999 99,704,000 2008/5/15 2008/6/11 978,900 999 99,704,000 2008/6/27 2008/7/25 1,000,000 881 99,704,000 2008/9/24 6,004,000 93,700,000 6,291,700 4,881 Japan Securities Finance Co.,Ltd 39
Slide 40: Credit ratings
JCR R&I Standard & Poor’s 2014 3 31 Rating Outlook Rating Outlook Rating Outlook AA- AA- A J-1+ a-1+ A-1 CP 1 1 ― A+ A+ ― ― J-1+ a-1 ― ― Japan Securities Finance Co.,Ltd 40
Slide 41: Japan Securities Finance Co.,Ltd
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