Slide 1: Overview of Financial Results: Third-Quarter Results for FY2016
Overview of Financial Results Overview Third-Quarter Results for FY2016 February 9, 2017 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 un
Slide 2: Consolidated P/L
Consolidated P/L Gross profit, operating income, ordinary income and net income attributable to owners of the parent reached record highs for the first nine-month period. ― Gross profit before write-offs and funding costs was roughly unchanged by reversing the decrease in profit following the sale
Slide 3: Sales
Sales Contract execution volume grew 10% y-o-y and operating assets increased 5% from the end of the previous fiscal year. Contract execution volume Operating assets Leasing and installment sales Leasing and installment sales (¥bn) Financing (¥bn) Financing 811.5 (+10%) 800 737.3 1,660.7 (+5%) 1,5
Slide 4: Leasing and Installment Sales
Leasing and Installment Sales Contract execution volume increased 15% y-o-y with the growth in the areas of real estate lease and transport. ― In the area of real estate lease, bridge lease targeting REITs increased significantly. ― In the area of transport, the execution of an aircraft operating
Slide 5: Financing
Financing Contract execution volume increased 6% y-o-y and operating assets grew 16% from the end of the previous fiscal year. ― In Real Estate Finance, bridge financing targeting REITs* increased. ― In Aircraft Finance and Specialized Finance, etc., we selected and executed projects with consider
Slide 6: Overseas Business
Overseas Business Operating assets increased from the end of the previous fiscal year thanks to the execution of new measures, in addition to existing initiatives. ― Aircraft operating lease progressed steadily with four aircraft leases* executed by the third quarter. ― Enhanced approach to non-Ja
Slide 7: Profitability
Profitability Gross profit before write-offs and funding costs was roughly unchanged y-o-y reflecting the accumulation of operating assets accompanied by the steady growth in contract execution volume. ― Reversed the decrease in gross profit before write-offs and funding costs following the sale o
Slide 8: Funding
Funding Cost of funding declined partly thanks to the favorable funding environment, despite an increase in interest-bearing debt. Interest-bearing debt Funding costs (%) Borrowings Cost of funding (¥bn) (¥bn) CoF ratio CP Bonds/securitization 1,536.8 5.0 4.7 4.8 1,465.6 115.0 4.0 114.9 4.0 0.46%
Slide 9: Earnings Forecasts and Dividends
Earnings Forecasts and Dividends Net income attributable to owners of the parent is equivalent to 87% of the Company’s annual plan. Plan to raise annual dividend for the 15th straight year in FY2016: A ¥2 increase to ¥62/share (¥bn) FY2015 FY2016 Change % Change (Results) (Forecast) 3Q Progress