Mizuho Leasing Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2020; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2021
May 14, 2020 at 02:00 am EDT
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Mizuho Leasing Co. Ltd. announced consolidated and non-consolidated earnings results for the full year ended March 31, 2020. For the full year, on consolidated basis, the company announced revenues of JPY 539,241 million against JPY 384,893 million a year ago. Operating income was JPY 26,275 million against JPY 22,913 million a year ago. Net income attributable to owners of parent was JPY 17,512 million or JPY 360.49 per share against JPY 16,594 million or JPY 388.64 per share a year ago.
For the full year, on non-consolidated basis, the company announced revenues of JPY 222,413 million against JPY 253,276 million a year ago. Operating income was JPY 10,224 million against JPY 13,250 million a year ago. Net income was JPY 8,856 million or JPY 182.31 per share against JPY 12,062 million or JPY 282.51 per share a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2021. For the full year, the company expects to report revenues of JPY 500,000 million, operating income of JPY 20,800 million, ordinary income of JPY 23,600 million and net income attributable to owners of parent of JPY 18,000 million or JPY 372.18 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.
Mizuho Leasing Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2020; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2021
MIZUHO LEASING COMPANY, LIMITED 
