Mizuho Leasing Company, Limited · TSE:8425
Mizuho Leasing — IBJ Leasing Company — FY2018 Earnings Presentation
18 slides from Mizuho Leasing's earnings presentation, May 14, 2019
Slide 1: Overview of Financial Results: Results for FY2018
Overview of Financial Results Overview Results for FY2018 May 14, 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 uncertainties, and i
Slide 2: Summary of FY2018
Summary of FY2018 Achieved all target figures for the final fiscal year presented in the Fifth Mid-term Management Plan one year ahead of schedule. ー Net income attributable to owners of the parent: ¥16.6 billion [target: ¥15.0 billion] ー ROE: 10.3% [target: 10%] ー Plan to pay year-end dividend of
Slide 3: Performance Trends (consolidated basis)
Performance Trends (consolidated basis) (¥bn) (¥bn) Forecast FY18 % announced FY16 FY17 FY18 Change full-year Change before forecast *1 revision *2 Revenues 429.4 399.7 384.9 -14.8 -4％ 390.0 420.0 Gross profit before write- ― ― offs and funding costs 44.9 45.2 52.6 +7.4 +16% Operating income 18.0 19
Slide 4: Overview of Financial Results
Overview of Financial Results (¥bn) % ＰＯＩＮＴS FY16 FY17 FY18 Change Change ■ Increased significantly due to success of Revenues 429.4 399.7 384.9 -14.8 -4％ business strategy of Fifth Mid-term Management Plan including global Gross profit before write- offs and funding costs 44.9 45.2 52.6 +7.4 +16％ b
Slide 5: Business Performance Overview
Business Performance Overview ＰＯＩＮＴS (¥bn) % FY16 FY17 FY18 Change ■ Contract execution volume increased 16％ y-o-y Change Contract ・ For “Leasing and installment sales,” execution 1092.0 1,335.9 1,548.8 +212.9 +16% execution volume volume increased mainly in areas such as industrial Leasing and and
Slide 6: Contract Execution Volume / Leasing and Installment Sales
Contract Execution Volume / Leasing and Installment Sales Contract execution volume by equipment type ＰＯＩＮＴS (¥bn) % FY16 FY17 FY18 Change Change Industrial and factory 98.8 61.5 114.1 +52.6 +85% ■ Captured capital investment needs Information and 78.9 81.2 93.4 +12.2 +15% ■ Contract execution volum
Slide 7: Contract Execution Volume / Financing
Contract Execution Volume / Financing Contract execution volume ＰＯＩＮＴS (¥bn) % FY16 FY17 FY18 Change Change Commercial Distribution 516.1 822.8 856.3 ＋33.5 ＋4％ Finance / Loan, etc. Aircraft 12.8 31.3 22.8 -8.5 -27％ 39.4 97.0 +57.6 +146% ■ Executed superior bridge scheme Real Estate 77.2 projects Ves
Slide 8: Balance (Real Estate / Global)
Balance (Real Estate/Global) (¥bn) 4,000 400 ＰＯＩＮＴS 349.9 ■ Property ownership businesses (outlined 3,000 in red) increased 300 101.5 Real estate 245.7 ー Balance substantially increased due to 248.4 219.3 24.7 growth of initiatives targeted at logistics 2,000 200 facilities and hotels capturing soci
Slide 9: Funding
Funding Actively raised funds from markets amid increase in interest-bearing debt in line with the increase in operating assets. ー Raised ¥67.0 billion through 3- to 10-year bonds in FY2018, in addition to increased CP issuance. Funding costs ratio increased due to higher foreign currency borrow
Slide 10: Earnings Forecasts and Dividends
Earnings Forecasts and Dividends Aim to post net income attributable to owners of the parent in the amount of ¥17.0 billion for FY2019, to post record-breaking profit for the seventh straight year. ー Plan to announce the Sixth Mid-term Management Plan* to be launched this fiscal year. * Scheduled
Slide 11: Supplementary Materials to Financial Results
Supplementary Materials to Financial Results 10
Slide 12: Overview of Fifth Mid-term Management Plan (FY2017-2019)
Overview of Fifth Mid-term Management Plan (FY2017-2019) 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 E
Slide 13: Marketing Strategies and Results in Focus Areas (Summary)
Marketing Strategies and Results in Focus Areas (Summary) Existing client base Real estate Medical and healthcare Large and mid-sized companies New business strategies Achieved the target for the final fiscal year of Contract execution volume steadily increased the Mid-term Management Plan due t
Slide 14: Marketing Strategies and Results in Focus Areas (Summary)
Marketing Strategies and Results in Focus Areas (Summary) Environment and energy Global (Aircraft) Global (Overseas subsidiaries) Achieved in FY2017 the initial target for the Started in-house management of aircraft for Balance of operating assets steadily increased as final fiscal year by suc
Slide 15: Topics in Focus Areas (1)
Topics in Focus Areas (1) Existing client base Real estate Medical and healthcare Global Fulfilled clients’ needs for procurement adjustment and cashflow improvement by holding their partly-finished goods on their behalf Developed a service scheme for retail shop facilities jointly with clients and
Slide 16: Topics in Focus Areas (2)
Topics in Focus Areas (2) Environment and energy Global Subsidy adopted in a project for introducing a large-scale power-generating facility into a factory (See (3) below) Leased air conditioning facilities to educational institutions operated by a local government Participated in an offshore wind p
Slide 17: Company Profile
Company Profile 16
Slide 18: 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 26,088 million yen (Outstanding shares: