Nec Capital Solutions Limited · TSE:8793
Nec Capital Solutions — FY2008 Earnings Presentation
17 slides from Nec Capital Solutions's earnings presentation, Apr 30, 2009
Slide 1: Results Presentation for the Fiscal Year Ended March 31, 2009
NEC Capital Solutions Limited Results Presentation for the Fiscal Year Ended March 31, 2009
Slide 2: Contents
Contents 1. Report of Financial Results for FY 2008 (the Fiscal Year Ended March 31, 2009) 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 Fundin
Slide 3: Consolidated Financial Summary
1. Report of Financial Results for FY2008 (the Fiscal Year Ended March 31, 2009) Consolidated Financial Summary （Billion Yen） 3/2008 3/2009 YoY Net Sales 264.1 261.0 -1.2% Ordinary Income 5.9 3.4 -43.2% Net Income 3.9 △3.8 1 － Net Income per Share (Yen) 183.25 △176.75 － Operating Assets 709.3 662.
Slide 4: Consolidated Net Sales and Gross Profits by Business
1. Report of Financial Results for FY2008 (the Fiscal Year Ended March 31, 2009) Consolidated Net Sales and Gross Profits by Business （Billion Yen） 3/2008 3/2009 YoY change Funding Funding Gross Net Sales Costs Gross Profit Net Sales Costs Gross Profit Net Sales Costs Costs Profit Leasing Business
Slide 5: Consolidated Contracts Executed by Business
1. Report of Financial Results for FY2008 (the Fiscal Year Ended March 31, 2009) Consolidated Contracts Executed by Business (Billion Yen) 3/2008 3/2009 YoY change % Leasing Business 229.6 208.0 -21.6 -9.4 Loan Business 309.7 311.3 1.6 0.5 Installm ent Sales 17.4 13.9 -3.5 -20.3 Business Loans 292
Slide 6: Leasing Business: Consolidated Contracts Executed by Equipment
1. Report of Financial Results for FY2008 (the Fiscal Year Ended March 31, 2009) Leasing Business: Consolidated Contracts Executed by Equipment (Billion Yen） 3/2008 3/2009 YoY Change % Information and Communication Equipment 172.2 166.1 -6.1 -3.5 Computers Hardware 80.9 70.4 -10.5 -13.0 Computers
Slide 7: Consolidated Operating Assets by Business
1. Report of Financial Results for FY2008 (the Fiscal Year Ended March 31, 2009) Consolidated Operating Assets by Business (Billion Yen) 800 682.8 709.3 662.7 115.3 139.3 600 147.3 Loan 400 567.5 570.1 Leasing 515.4 200 0 3/2007 3/2008 3/2009 (Non-consolidated) （Amounts are rounded off to the near
Slide 8: Consolidated Non-performing Loans
1. Report of Financial Results for FY2008 (the Fiscal Year Ended March 31, 2009) Consolidated Non-performing Loans (Billion Yen) 1.00% 10 Bankruptcy (%) = Amount of new bankruptcy / (Average balance of operating assets + 0.75% Average balance of fixed operating loans) 7.5 Amount of 0.59% Bankruptc
Slide 9: Consolidated Funding
1. Report of Financial Results for FY2008 (the Fiscal Year Ended March 31, 2009) Consolidated Funding Composition of interest-bearing debts Cost of funding ratio 100% 1.5% Short-term loans 1.4% 1.3% 80% 1.2% 1.1% Long-term loans 1.21% 1.0% 60% 0.9% 0.77% 1.01% 0.8% 0.7% 40% 0.6% 0.5% CP 0.4% Dir
Slide 10: Outline of Third Medium-Term Business Plan
2. Progress of Third Medium-Term Business Plan Outline of Third Medium-Term Business Plan (Announced in March 2008) – Change in lease accounting standards and tax system – Acceleration of industry reorganization – Impact of rising interest rates – behind the other listed leasing companies in profi
Slide 11: Business Environment in Term Ended March 2009
2. Progress of Third Medium-Term Business Plan Business Environment in Term Ended March 2009 – Commencement of application of change in lease accounting standards – Rapid development of economic crisis and business slowdown after the Lehman shock Decline in capital expenditure Fall in total nu
Slide 12: Performance in Each Domain
2. Progress of Third Medium-Term Business Plan Performance in Each Domain Finance Solutions – Developed the finance business, including ABL, in earnest – Formed a business and capital alliance with RISA Partners Inc. Assets Solutions – Established Reboot Technology Services Limited in April, and i
Slide 13: Forming a Business and Capital Alliance with RISA Partners Inc.
2. Progress of Third Medium-Term Business Plan Finance Solutions Forming a Business and Capital Alliance with RISA Partners Inc. – Underwriting a capital increase through private placement, considering the application of the equity method (4 billion yen) – Building a new business model through the c
Slide 14: Strategy for Strengthening Management Functions; Policy to Enhance Governance and CSR
2. Progress of Third Medium-Term Business Plan Strategy for Strengthening Management Functions → Moving forward with a system development project ・ Consider development, and focus on compliance with IFRS. → Promoting the SMART project (to boost administration efficiency) ・ Make additional strategi
Slide 15: Consolidated Financial Results Forecast
3. Plans for FY2009 Consolidated Financial Results Forecast （ Billion Yen） 3/2009 3/2010 (Actual) (Forecast) YoY Net Sales 261.0 243.0 -6.9% Ordinary Income 3.4 6.0 78.5% Net Income △3.8 3.6 - Net Income per share (Yen) △176.75 167.18 - （ Amounts are rounded off to the nearest 100 million yen） Ｐag
Slide 16: Consolidated Dividend Forecast
3. Plans for FY2009 Consolidated Dividend Forecast Dividend per share (Yen) Interim Year-end Annual Forecast for 3/2010 22.00 22.00 44.00 （ Announcement on 28 Apr. ） Actual 3/2009 22.00 22.00 44.00 Ｐage 16 © NEC Capital Solutions Limited 2009
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 Capital Solutions Limited. We request that the investment decision be made at your discretion. This presentation material contains forward-l