Mizuho Leasing Company, Limited Reports Consolidated Earnings Results for the Six Months Ended September 30, 2020
November 05, 2020 at 01:00 am EST
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Mizuho Leasing Company, Limited Reported Consolidated Earnings Results for the Six Months Ended September 30, 2020. For the period, the company's revenues were JPY 228,719 million compared to JPY 254,901 million a year ago. Operating income was JPY 11,248 million compared to JPY 12,608 million a year ago. Net income attributable to owners of the parent was JPY 12,991 million or JPY 268.61 per share compared to JPY 8,850 million or JPY 181.37 per share 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.