IBJ Leasing Co., Ltd. Provides Dividend Guidance for the Second Quarter and Fiscal Year 2018; Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
August 04, 2017 at 02:00 am EDT
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IBJ Leasing Co. Ltd. provided dividend guidance for the second quarter and year ending March 31, 2018. For the second quarter of fiscal year 2018, the company expects to pay a dividend of JPY 32.00 per share against JPY 30.00 per share paid a year ago.
For the year ending March 31, 2018, the company expects to pay a dividend of JPY 34.00 per share against JPY 34.00 per share paid a year ago.
The company announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported revenues of JPY 94,238 million compared to JPY 77,013 million a year ago. Operating income was JPY 4,748 million compared to JPY 4,948 million a year ago. Ordinary income was JPY 4,987 million compared to JPY 5,277 million a year ago. Net income attributable to owners of the parent was JPY 3,353 million or JPY 78.63 per share compared to JPY 3,585 million or JPY 84.08 per share a year ago.
The company provided earnings guidance for the full year ending March 31, 2018. For the year, the company expects revenues of JPY 400,000 million, operating income of JPY 18,300 million, ordinary income of JPY 19,000 million and net income attributable to owners of the parent of JPY 13,000 million or JPY 304.82 per share.
Mizuho Leasing Company, Limited, formerly IBJ Leasing Company, Limited, is mainly engaged in lease, installment sales and various financial transactions for industrial machinery, transportation equipment, information-related equipment. The Company operates in three business segments. The Leasing and Installment segment is engaged in the installment sales business of leasing operations (including expiration of lease transactions and property sales due to halfway cancellation) and production facilities, construction earthmoving machines, commercial facilities etc. for industrial machine tools, transportation equipment, information related equipment. The Finance segment is involved in corporate finance, ship financing, factoring business and investment business of securities owned to earn profits for business purpose. The Others segment is engaged in used property buying and selling, solar power selling business.
IBJ Leasing Co., Ltd. Provides Dividend Guidance for the Second Quarter and Fiscal Year 2018; Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
MIZUHO LEASING COMPANY, LIMITED 
