Nec Capital Solutions LimitedTSE: 8793

Financial Results for Q3 of the Fiscal Year Ending March 31, 2023 (FY2023) (2023/01/30)

· Issued by NEC Capital Solutions Limited

Financial Results for Q3 of the Fiscal Year Ending March 31, 2023 (FY2023)

January 30, 2023

NEC Capital Solutions Limited

© NEC Capital Solutions Limited 2023

CONTENTS

1. Financial Results for Q3 of FY2023

  1. Highlights of Financial Results
  2. Business Environment
  3. Financial Summary
  4. Revenues by Business Segment

5) Business Results by Business Segment

  1. Leasing Business
  2. Finance Business
  3. Investment Business
  4. Operating Asset Balances
  5. Procuring Funds
  6. Credit Costs

2. Forecasts for FY2023

  1. Earnings Forecasts

FY2023: Fiscal Year Ending March 31, 2023

1. Financial Results for Q3 of FY2023

1) Highlights of Financial Statements

Business Environment

  • Total leasing contracts in the industry overall rose 0.2% Y/Y.
  • We need to continue to monitor future trends in the financing environment and bankruptcies.

Results in Key Business Units

  • Contracts executed in the Leasing business were in line with levels in the previous year due to the impact of the GIGA School Program in the previous year, but new transactions increased Y/Y.
  • Loans increased in the Finance business, primarily for business loans, and both contracts executed and new transactions rose Y/Y.

Contracts executed : 0.5% down

New transactions : 8.5% up

Contracts executed : 9.1% up

New transactions : 8.9% up

Business Performance

  • Revenue grew due to the sale of real estate for sale in the Investment business posted in Q1.
  • Income was up over the previous year due to the steady accumulation of gross profit in all segments and a decrease in credit costs.

5 © NEC Capital Solutions Limited 2023

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