Mizuho Leasing Company, Limited Provides Dividend Guidance for the Year Ending March 31, 2020; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
February 07, 2020 at 01:00 am EST
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Mizuho Leasing Company, Limited provided dividend guidance for the year ending March 31, 2020. For the year, the company expects to pay dividend of JPY 42.00 per share against JPY 40.00 per share paid a year ago.
The company reported consolidated earnings results for the nine months ended December 31, 2019. For the period, the company's revenues were JPY 380,513 million compared to JPY 266,578 million a year ago. Operating income was JPY 17,927 million compared to JPY 17,956 million a year ago. Net income attributable to owners of the parent was JPY 12,523 million compared to JPY 13,078 million a year ago. Net income per share was JPY 257.40 against JPY 306.66 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 Provides Dividend Guidance for the Year Ending March 31, 2020; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
MIZUHO LEASING COMPANY, LIMITED 
