Mitsubishi HC Capital Inc. · TSE:8593
Mitsubishi HC Capital — Hitachi Capital — FY2012 Earnings Presentation
15 slides from Mitsubishi HC Capital's earnings presentation, Apr 25, 2013
Slide 1: Consolidated Financial Results Summary for the Year Ended March 31, 2013
Consolidated Financial Results Summary for the Year Ended March 31, 2013 April 25, 2013
Slide 2: Full-Year Earnings Summary (Results)
・・・ Full-Year Earnings Summary (Results) FY2011 FY2012 (Millions of Yen, %) Result Result vs FY2011 Revenues 92,994 103,304 111 Expenses 70,756 77,683 110 (of which SG&A expenses) 57,168 61,335 107 (of which financing costs) 13,588 16,347 120 Operating income 22,238 25,620 115 Non-operating income o
Slide 3: Changing Factors of FY2012 Ordinary Income
Changing Factors of FY2012 Ordinary Income ⑤ (Billions of Yen) Effect of exchange rate changes Increase in ⑥ expenses Increase ④ ▲1.2 in SG&A ⑦ ② ③ ▲4.5 Increase in financing Effect of exchange cost Non- rate changes ▲2.3 operating Increase income or In revenues ① loss +1.7 +1.3 Increase Reduction o
Slide 4: Details of Revenues and Segment Income
Details of Revenues and Segment Income (Millions of Yen, %) FY2011 FY2012 Result Result vs FY2011 Revenues 92,994 103,304 111 Total Segment income 22,238 25,620 115 Revenues 64,009 62,690 98 Domestic businesses Segment income 15,571 17,081 110 Revenues 28,489 40,080 141 Overseas businesses Segment i
Slide 5: Details of Expenses
Details of Expenses (Millions of Yen, %) FY2011 FY2012 Result Result vs FY2011 Expenses 70,756 77,683 110 SG&A expenses 57,168 61,335 107 Personnel expenses 33,459 36,127 108 Business management expenses, etc. 20,015 22,505 112 Provision for allowance for losses on receivables and loan 3,693 2,702 7
Slide 6: (Reference) Credit Loss by Geographical Segment
(Reference) Credit Loss by Geographical Segment (Millions of Yen, %) FY2011 FY2012 Result Result vs FY2011 Credit loss 4,414 4,679 +265 Credit loss ratio 0.17 0.18 +0.01 Credit loss 1,748 2,164 +416 Japan Credit loss ratio 0.08 0.11 +0.03 Europe Credit loss 2,339 1,672 ▲667 and US Credit loss ratio
Slide 7: Balance Sheets
Balance Sheets (Billions of Yen) As of As of Mar.31, vs Mar. 31, Mar.31, vs Mar. 31, 2013 2012 2013 2012 Total current assets 14,897 +1,541 Total current liabilities 8,114 ▲763 Cash on hand and at bank 225 +0 Trade payables 2,562 ▲137 Bank loans and commercial Parent company deposit 1,147 +32 paper
Slide 8: Financial Services
Financial Services (Millions of Yen, %) FY2011 FY2012 Result Result vs FY2011 Revenues 39,590 38,344 97 Segment income 9,988 11,947 120 Financial Volume of business 477,204 499,327 105 services (Agriculture/Medical) 58,024 52,371 90 （Corporate） 411,395 440,312 107 （Consumers） 10,797 7,881 73 © Hitac
Slide 9: Commission Services
Commission Services (Millions of Yen, %) FY2011 FY2012 Result Result vs FY2011 Revenues 16,016 16,011 100 Segment income 1,793 1,698 95 Commission Volume of business 637,787 593,845 93 services (Agriculture/Medical) 27,400 25,744 94 （Corporate） 531,042 504,200 95 （Consumers） 95,902 77,093 80 © Hitac
Slide 10: Supply and Sales Services
Supply and Sales Services (Millions of Yen, %) FY2011 FY2012 Result Result vs FY2011 Revenues 12,039 11,731 97 Segment income 3,789 3,435 91 Supply and Volume of business 59,181 61,953 105 sales services (Agriculture/Medical) － － － （Corporate） 61,398 64,104 104 （Consumers） － － － © Hitachi Capital Co
Slide 11: Overseas Businesses
Overseas Businesses (Millions of Yen, %) FY2011 FY2012 Result Result vs FY2011 Revenues 28,489 40,080 141 (Europe and US) 21,281 25,245 119 (Asia) 7,207 14,834 206 Segment income 9,433 12,221 130 Overseas (Europe and US) 6,885 8,293 120 businesses (Asia) 2,547 3,927 154 Volume of business 353,971 47
Slide 12: FY2013 Full-Year Earnings Projection
・・・ FY2013 Full-Year Earnings Projection (Millions of Yen, %) FY2012 FY2013 Result Projection vs FY2012 Revenues 103,304 120,400 117 Expenses 77,683 93,000 120 (of which SG&A expenses) 61,335 73,000 119 (of which financing costs) 16,347 20,000 122 Operating income 25,620 27,400 107 Non-operating inc
Slide 13: Changing Factors of FY2013 Ordinary Income
Changing Factors of FY2013 Ordinary Income ③ Effect of exchange ④ (Billions of Yen) rate changes Increase in ① ② increase in expenses SG&A ▲0.8 ▲8.5 ⑤ Effect of exchange Increase in bad debt expenses ⑥ rate changes Increase in Increase in revenues ▲2.6 financing costs ⑦ Decrease in +1.1 ▲3.3 extraor
Slide 14: (Reference) New goals of Growth Stage
・・・ （Reference）New goals of Growth Stage ＜Consolidated Targets for FY2015＞ ROE ≧ 8% Ordinary income ¥30 billion ⇒¥34 billion OHR（Over Head Ratio） less than 63% Maintain high credit rating（sound financial position） Notes：OHR＝ SG&A expenses ／（ Operating income - Financing costs ） FY2012（results） JCR ：
Slide 15: http://www.hitachi-capital.co.jp/
http://www.hitachi-capital.co.jp/ Note: Note: This Thisdocument documentcontains containsforward-looking forward-lookingstatements statementswith withrespect respectto tofuture future results, results,performance performanceandandachievements achievementsthat thatare aresubject subjectto torisk risk