IBJ Leasing Company, Limited Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020; Announces Year End Dividend for the Fiscal Year Ended March 31, 2019, with Payment Date on June 26, 2019; Provides Interim and Year End Dividend Guidance for the Fiscal Year Ending March 31, 2020
May 14, 2019 at 02:00 am EDT
Share
IBJ Leasing Company, Limited announced consolidated and non-consolidated earnings results for the full year ended March 31, 2019. For the full year, on consolidated basis, the company announced revenues of JPY 384,893 million against JPY 399,738 million a year ago. Operating income was JPY 22,913 million against JPY 19,162 million a year ago. Net income attributable to owners of parent was JPY 16,594 million or JPY 388.64 per share against JPY 13,643 million or JPY 319.91 per share a year ago.
For the full year, on non-consolidated basis, the company announced revenues of JPY 253,276 million against JPY 268,867 million a year ago. Operating income was JPY 13,250 million against JPY 10,429 million a year ago. Net income was JPY 12,062 million or JPY 282.51 per share against JPY 9,074 million or JPY 212.76 per share a year ago.
The company announced year-end dividend of JPY 40.00 per share for the fiscal year ended March 31, 2019 compared to JPY 38.00 per share paid a year ago. Scheduled date of commencing dividend payments is June 26, 2019 (planned).
The company provided interim and year-end dividend guidance for the fiscal year ending March 31, 2020. The company expects to pay interim dividend of JPY 38.00 per share compared to JPY 38.00 per share paid a year ago. The company expects to pay year-end dividend of JPY 42.00 per share compared to JPY 40.00 per share paid a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2020. For the full year, the company expects to report revenues of JPY 450,000 million, operating income of JPY 24,200 million, ordinary income of JPY 25,300 million and net income attributable to owners of parent of JPY 17,000 million or JPY 347.96 per basic 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 Company, Limited Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020; Announces Year End Dividend for the Fiscal Year Ended March 31, 2019, with Payment Date on June 26, 2019; Provides Interim and Year End Dividend Guidance for the Fiscal Year Ending March 31, 2020