IBJ Leasing Company, Limited Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2019
February 07, 2019 at 01:00 am EST
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IBJ Leasing Company, Limited reported consolidated earnings results for the nine months ended December 31, 2018. For the nine months, the company reported revenues of JPY 266,578 million compared to JPY 283,276 million a year ago. Operating income was JPY 17,956 million compared to JPY 14,127 million a year ago. Ordinary income was JPY 19,510 million compared to JPY 14,701 million a year ago. Net income attributable to owners of the parent was JPY 13,078 million compared to JPY 10,231 million a year ago. Net income per share was JPY 306.66 compared to JPY 239.91 for the same period a year ago.
For the fiscal year ending March 31, 2019, the company expects to pay a dividend of JPY 38.00 per share against JPY 38.00 per share paid a year ago.
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 Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2019