NEC Capital Solutions Limited Announces Consolidated Earnings Results for the Full Year Ended March 31, 2015; Declares Final Dividend for the Full Year of Fiscal 2015; Provides Dividend Guidance for the Full Year of Fiscal 2016; Provides Earnings Guidance for the First Half and Full Year of 2016
April 27, 2015
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NEC Capital Solutions Limited announced consolidated earnings results for the full year ended March 31, 2015. For the period, the company reported net sales of JPY 213,853 million compared with JPY 228,262 million for the same period a year ago. Operating income was JPY 6,043 million compared with JPY 16,067 million for the same period a year ago. Ordinary income was JPY 4,733 million compared with JPY 16,478 million for the same period a year ago. Net income was JPY 2,816 million or JPY 130.81 per basic share compared with JPY 5,009 million or JPY 232.63 per basic share for the same period a year ago. Cash used in operating activities was JPY 88,601 million compared with cash flow from operating activities of JPY 43,708 million for the same period a year ago. Income before income taxes and minority interests was JPY 4,425 million compared with JPY 16,478 million for the same period a year ago. Purchases of assets held for own use was JPY 991 million compared with JPY 1,322 million for the same period a year ago.
The company declared a final dividend of JPY 22.00 per share for the full year of fiscal 2015.
The company provided dividend guidance for the full year of fiscal 2016. The company plans to pay an interim dividend of JPY 22.00 per share and a final dividend of JPY 22.00 per share for the full year of fiscal 2015.
The company provided earnings guidance for the first half and full year of 2016. For the first half, the company expects to report net sales of JPY 90,000 million, operating income of JPY 2,500 million, ordinary income of JPY 2,500 million and profit attributable to owners of parent of JPY 1,500 million or JPY 69.66 per share.
For the full year, the company expects to report net sales of JPY 190,000 million, operating income of JPY 5,500 million, ordinary income of JPY 5,500 million and profit attributable to owners of parent of JPY 3,500 million or JPY 162.54 per share.
NEC Capital Solutions Ltd is a Japan-based company mainly engaged in the provision of finance services such as leasing, installments, and corporate loans to government offices, local governments and large and small companies. It operates through four business segments. Leasing and Installment segment is engaged in the leasing and installment sale of information processing equipment, communications equipment, office equipment, as well as industrial, civil engineering and construction machinery. Finance segment is engaged in money lending, factoring and securities investment business. Lisa segment is engaged in principal investment business, debt investments, real estate business, as well as provision of finance and advisory services. The Others segment is engaged in sale of secondhand products, collection of transaction fees, health care related business, as well as solar power generation and distribution business. It is also engaged in the operation of hotels and consulting business.
NEC Capital Solutions Limited Announces Consolidated Earnings Results for the Full Year Ended March 31, 2015; Declares Final Dividend for the Full Year of Fiscal 2015; Provides Dividend Guidance for the Full Year of Fiscal 2016; Provides Earnings Guidance for the First Half and Full Year of 2016
NEC CAPITAL SOLUTIONS LIMITED 
