Mitsubishi HC Capital Inc. · TSE:8593
Mitsubishi HC Capital — Hitachi Capital — H1 FY2013 Earnings Presentation
12 slides from Mitsubishi HC Capital's earnings presentation, Oct 25, 2013
Slide 1: Consolidated Financial Results Summary for the Second Quarter ended September 30, 2013
Consolidated Financial Results Summary for the Second Quarter ended September 30, 2013 October 25, 2013 © Hitachi Capital Corporation 2013. All rights reserved.
Slide 2: Fiscal 2013 1st Half Earnings Summary (Results)
Fiscal 2013 1st Half Earnings Summary (Results) Fiscal Fiscal (Millions of Yen, %) 2012/1H 2013/1H Y on Y Change Revenues 49,053 62,544 128 Expenses 37,214 46,681 125 (of which SG&A expenses) 29,636 37,373 126 (of which financing costs) 7,578 9,307 123 Operating income 11,839 15,863 134 Non-operatin
Slide 3: Changing Factors of FY2013 1st Half Ordinary Income
Changing Factors of FY2013 1st Half Ordinary Income ④ Increase in ③ SG&A ▲5.8 ② ⑤ Decrease of ⑥ Effect of Smart Non-operating Increase ① Transformation income in financing Project ▲0.6 cost ⑦ Increase +0.5 ▲0.6 In credit loss Effect of Exchange ▲0.1 rate changes +1.4 Increase In revenues +8.7 16.4 1
Slide 4: Details of Expenses
Details of Expenses (Millions of Yen, %) Fiscal Fiscal 2012/1H 2013/1H Y on Y Change Expenses 37,214 46,681 125 SG&A expenses 29,636 37,373 126 Personnel expenses 17,487 20,650 118 Business management expenses, etc. 10,740 14,685 137 Provision for allowance for losses on receivables and loan 1,408 2
Slide 5: Credit Loss by Geographical Segment
(Reference) Credit Loss by Geographical Segment （Millions of Yen） Fiscal Fiscal 2012/1H 2013/1H Y on Y Change Credit loss 2,000 1,529 ▲471 Credit loss ratio 0.15 0.11 ▲0.04 Credit loss 1,210 482 ▲728 Japan Credit loss ratio 0.12 0.05 ▲0.07 Europe Credit loss 538 495 ▲43 and U.S. Credit loss ratio 0.
Slide 6: Balance Sheets
Balance Sheets （Billions of Yen） Fiscal Fiscal vs Mar. vs Mar. 2013/1H 2013/1H 2013 2013 Total current assets 1,785.0 +2.9 Total current liabilities 963.7 +152.2 Cash on hand and at bank 23.1 +0.6 Trade payables 232.9 ▲23.2 Parent company deposit Bank loans and commercial 114.6 ▲0.1 paper 544.5 +141
Slide 7: Details of Total Accounts Receivable
Details of Total Accounts Receivable （Millions of Yen, ％） Fiscal Fiscal 2012/1H 2013/1H Y on Y Change Total Accounts Receivable 2,588,155 2,908,188 112 Japan (Consolidated) 2,102,473 2,140,302 102 Financial Services 1,286,536 1,440,311 112 Commission Services 723,622 607,853 84 Supply and Sales Serv
Slide 8: Details of Revenues
Details of Revenues （Millions of Yen, ％） Fiscal Fiscal 2012/1H 2013/1H Y on Y Change Total Revenues 49,053 62,544 128 Japan (Consolidated) 31,154 36,373 117 Financial Services 19,331 24,342 126 Commission Services 7,436 7,187 97 Supply and Sales Services 5,966 6,068 102 Overseas (Consolidated) 17,66
Slide 9: Details of Segment Income
Details of Segment Income （Millions of Yen, ％） Fiscal Fiscal 2012/1H 2013/1H Y on Y Change Total Segment Income 11,839 15,863 134 Japan (Consolidated) 8,074 11,022 137 Financial Services 5,545 8,493 153 Commission Services 681 558 82 Supply and Sales Services 1,848 1,971 107 Overseas (Consolidated)
Slide 10: FY2013 Full-Year Earnings Forecast
FY2013 Full-Year Earnings Forecast （Millions of Yen, ％） FY2012 FY2013 Result Forecast Y on Y Change Revenues 103,304 125,500 121 Expenses 77,683 94,500 122 (of which SG&A expenses) 61,335 74,600 122 (of which financing costs) 16,347 19,900 122 Operating income 25,620 31,000 121 Non-operating income
Slide 11: Changes from the latest released forecasts (Ordinary Income, Dividends)
（Reference） Changes from the latest released forecasts （Ordinary Income ・ Dividends） Ordinary Income （FY2013 Forecast） Dividends per share (yen) （FY2013 Forecast） ¥32 Billion ¥46 （+¥4） ¥28 Billion +¥4 Billion ¥42 ¥23 Year ¥21 （+¥2） Ended ¥23 First Half ¥21 （+¥2） Ended The latest released Revised for
Slide 12: http://www.hitachi-capital.co.jp/
http://www.hitachi-capital.co.jp/ Note: This document contains forward-looking statements with respect to future results, performance and achievements that are subject to risk and uncertainties and reflect management’s views and assumptions formed using information available at the time. Accordingly