Nec Capital Solutions Limited · TSE:8793

Nec Capital Solutions — NEC Leasing — H1 FY2008 Earnings Presentation

17 slides from Nec Capital Solutions's earnings presentation, Oct 29, 2008

  1. Slide 1: Results Presentation for the First Half of the Fiscal Year Ending March 31, 2009

    NEC Leasing, Ltd． Results Presentation for the First Half of the Fiscal Year Ending March 31, 2009 October 29, 2008

  2. Slide 2: Contents

    Contents 1. FY2008 First Half Results Highlight „ Financial Summary „ Net Sales and Gross Profits by Business „ Contracts Executed by Business „ Leasing Business: Contracts Executed by Equipment „ Operating Assets by Business „ Non-performing Loans „ Funding 2. Progress of Third Medium-Term Business

  3. Slide 3: FY2008 First Half Results Highlight: Financial Summary

    1. FY2008 First Half Results Highlight „ Financial Summary (Non-Consolidated) (billion yen) 3/2008 (1H) 3/2009 (1H) YoY Net Sales 130.9 131.1 0.2% Ordinary Income 3.2 3.0 -7.6% Net Income 2.0 1.7 -17.2% Net Income per Share (Yen) 93.65 77.56 - Operating Assets 686.6 703.8 2.5% Net Assets 60.7 62.7 3

  4. Slide 4: Net Sales and Gross Profits by Business

    „ Net Sales and Gross Profits by Business (Non-Consolidated) (billion yen) 3/2008(1H) 3/2009(1H) Amount Chg Net Sales Costs Funding Costs Gross Profits Net Sales Costs Funding Costs Gross Profits Net Sales Gross Profits Leasing Business 121.6 112.6 2.7 6.3 122.5 112.0 3.3 7.2 0.8 0.8 Loan Business 1

  5. Slide 5: Contracts Executed by Business

    „ Contracts Executed by Business (Non-Consolidated) (billion yen) 3/2008(1H) 3/2009(1H) YoY Leasing Business 98.4 97.2 -1.2 Loan Business 154.3 159.7 5.4 Installment Sales 10.7 6.9 -3.8 Business Loan 143.6 152.8 9.2 Other Business 1.4 0.8 -0.6 Total 254.1 257.7 3.6 (Amounts are rounded off to the ne

  6. Slide 6: Leasing Business: Contracts Executed by Equipment

    „ Leasing Business: Contracts Executed by Equipment (Non-Consolidated) (billion yen) 3/2008(1H) 3/2009(1H) YoY Information and Communication Equipment 71.7 75.9 4.2 Computers Hardware 34.1 32.0 -2.1 Computers Software 32.1 35.5 3.4 Telecommunication Equipment 5.5 8.3 2.9 Office Equipment 10.0 8.9 -1

  7. Slide 7: Operating Assets by Business

    „ Operating Assets by Business (Non-Consolidated) (billion yen) 800 686.6 709.3 703.8 131.7 139.3 148.7 600 Loan 400 570.1 Leasing 554.9 555.1 200 0 9/2007 3/2008 9/2008 (Amounts are rounded off to the nearest 100 million yen) NEC Leasing, Ltd. 7

  8. Slide 8: Non-Performing Loans

    „ Non-Performing Loans (Non-Consolidated) (billion yen) 1.00% 10 Rate of client bankruptcy (%) = Defaults arising from new bankruptcies / (Average balance of operating assets + Average balance of fixed operating loans) 0.75% *Defaults arising from new bankruptcies = Claims in bankruptcy 7.5 and in r

  9. Slide 9: Funding

    „ Funding (Non-Consolidated) □Composition of interest-bearing debts □ Cost of funding ratio 100% 1.5% Short-term loans 1.4% Cost of funding ratio(%) = Cost of funding / average 80% 1.3% balance of interest - bearing debts 1.2% 60% Long-term loans 1.1% 0.95% 1.11% 1.0% 1.01% 40% 0.9% 0.8% Direct CP 2

  10. Slide 10: Progress of Third Medium-Term Business Plan: Business Environment

    ２．Progress of Third Medium-Term Business Plan „ Business Environment - Change in lease accounting standards and tax system - Curbs on capital expenditure - Increase in number of bankruptcies □ Year-on-year change in total leasing contracts （％） 15 10 5 0 -5 -10 -15 -20 -25 -30 '00 '01 '02 '03 '04 '05

  11. Slide 11: Business Portfolio Strategy (1)

    „ Business Portfolio Strategy (1) □Finance Solutions - Asset Finance Business z Expanding ABL in earnest z Accelerating finance to companies in the supply chain of NEC group - Financial Engineering Business z Jointly investing in business reconstruction funds z Setting up syndicate schemes as a mana

  12. Slide 12: Business Portfolio Strategy (2)

    „ Business Portfolio Strategy (2) □Assets Solutions - Asset Remarketing Business z Preparing to commence operations of Reboot Technology Services Limited - ICT Solution Business z Expanding the business using synergies within the NEC Group □Vendor Solutions - Vendor Solution Business z Promoting ven

  13. Slide 13: Strategy for Strengthening Management Functions

    „ Strategy for Strengthening Management Functions - Launching system projects z Toward the phase of building next-generation systems - Promoting the SMART project (to enhance administration efficiency) z Improving OHR strategically „ Policy to Enhance Governance and CSR - Complying with the Japanese

  14. Slide 14: Change of Company Name in November

    „ Change of Company Name in November NEC Leasing, Ltd. We aim to become a company that provides solutions in relation to management resources, including capital solutions or finance, other than leasing. Change of perception both inside and outside the Company November 2008 (30th anniversary) NEC Lea

  15. Slide 15: Plans for the Fiscal Year Ending March 31, 2009: Financial Results Forecast

    ３．Plans for the Fiscal Year Ending March 31, 2009 „ Financial Results Forecast (Consolidated) (billion yen) 3/2008 3/2009 (Actual) (Forecast) YoY Net Sales 264.1 264.0 -0.0% Ordinary Income 5.9 6.5 9.9% Net Income 3.9 3.8 -3.7% Net Incom e per Share (Yen) 183.25 176.47 (Amounts are rounded off to th

  16. Slide 16: Dividend Forecast

    „ Dividend Forecast □ Dividends per share (yen) Interim Year-end Annual Forecast for 3/2009 22.00 22.00 44.00 Actual 3/2008 22.00 22.00 44.00 NEC Leasing, Ltd. 16

  17. Slide 17: Disclaimer

    This presentation material is intended to provide our corporate information and not to solicit you to purchase, sell, or invest in the securities issued by NEC Leasing, Ltd. We request that the investment decision be made at your discretion. This presentation material contains forward-looking statem

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