IBJ Leasing Company, Limited Revises Consolidated Earnings 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 revised consolidated earnings guidance for the fiscal year ending March 31, 2019. For the year, the company revised revenue guidance of JPY 390,000 million compared to previously guidance of JPY 420,000 million. Revised operating income guidance of JPY 23,000 million compared to previously guidance of JPY 20,000 million. Revised ordinary income guidance of JPY 24,700 million compared to previously guidance of JPY 21,400 million. Revised net income attributable to owners of the parent guidance of JPY 16,500 million compared to previously guidance of JPY 14,500 million. Revised net income per share guidance JPY 386.88 compared to previously guidance of JPY 339.99.
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.