Mizuho Leasing Company, Limited Announces Dividend for the Six Months Ended September 30, 2019, Payable on December 5, 2019; Provides Dividend Guidance for the Year Ending March 31, 2020; Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
November 06, 2019 at 02:00 am EST
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Mizuho Leasing Company, Limited announced dividend of JPY 40.00 per share for the six months Ended September 30, 2019 against JPY 38 per share paid a year ago, payable on December 5, 2019.
For the year ending March 31, 2020, the company expects year-end dividend of JPY 42 per share against JPY 40 per share paid a year ago.
The company reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company's revenues were JPY 254,901 million compared to JPY 179,779 million a year ago. Operating income was JPY 12,608 million compared to JPY 11,066 million a year ago. Net income attributable to owners of the parent was JPY 8,850 million or JPY 181.37 per share compared to JPY 8,622 million or JPY 202.17 per share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2020. For the year, the company expects revenues of JPY 450,000 million, operating income of JPY 24,200 million, and net income attributable to owners of the parent of JPY 17,000 million or JPY 347.96 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.
Mizuho Leasing Company, Limited Announces Dividend for the Six Months Ended September 30, 2019, Payable on December 5, 2019; Provides Dividend Guidance for the Year Ending March 31, 2020; Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
MIZUHO LEASING COMPANY, LIMITED 
