Hitachi Capital : Consolidated Financial Results Summary for the Second Quarter ended September 30, 2020

Consolidated Financial Results Summary

for the Second Quarter ended September 30, 2020

November 5, 2020

© Hitachi Capital Corporation 2020. All rights reserved.

Contents

1. Summary of Consolidated Financial Results for the Second Quarter of FY2020
2. Monthly trends in main items
3. Summary of Performance by Business
4. Consolidated Financial Forecast for FY2020

© Hitachi Capital Corporation 2020. All rights reserved.

1

1-1. The highlights of Consolidated Financial Results for the Second Quarter of FY2020

Main financial results achieved initial forecasts

Volume of

business

SG & A

Profit before tax

The result greatly exceeded initial forecast due to the recovery that was better than expected mainly in Global business.

(2Q FY2020 result: ¥798.8 billion, Initial forecast comparison: 114%)

The result was within initial forecast despite moratorium, due to restraint of bad debt-related expenses resulting from maintenance of high quality assets and thorough cost reduction in whole company.

(2Q FY2020 result: ¥48.2 billion, Initial forecast c omparison: 98%)

The result greatly exceeded initial forecast as a result of leading of key businesses in Japan and business structural reform in The Americas and China, etc..

(2Q FY2020 result: ¥17.7 billion, Initial forecast comparison: 109%)

© Hitachi Capital Corporation 2020. All rights reserved.

2

1-2. Profit before tax of the Second Quarter of FY2020 (Year on Year)

• Business expansion in Japan and Global covered preparation cost of business integration with Mitsubishi UFJ Lease & Finance Company Limited etc..
• The result greatly exceeded initial forecast as a result of decrease in COVID-19 impact.

			Excluding
			COVID-19 impact
(Billions of yen)			22.0*
			(Y on Y 107%)
	Preparation		COVID-19
		impact
	cost of
Business		4.3
business
expansion	integration	COVID-19	Initial forecast
etc.	etc.
impact	16.3
+2.8	▲1.4
▲4.3	17.7
20.6
		Initial
			forecast
			comparison
			109％

FY2019/2Q	FY2020/2Q
Result	Result

*The result excluding the COVID-19 impact3 © Hitachi Capital Corporation 2020. All rights reserved.