NEC Capital Solutions Limited Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020; Provides Dividend Guidance for the Second Quarter End and Year Ending March 31, 2020
July 29, 2019
Share
NEC Capital Solutions Limited reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported revenues of ¥58,796 million against ¥54,700 million a year ago. Operating income was ¥4,989 million against ¥3,427 million a year ago. Profit was ¥4,614 million or ¥118.47 basic per share against ¥2,159 million or ¥92.82 basic per share a year ago.
The company provides earnings guidance for the fiscal year ending March 31, 2020. For the year, the company expects revenues of ¥210,000 million, operating income of ¥10,000 million and profit attributable to owners of parent of ¥6,500 million or $301.86 basic per share.
For the second quarter of year ending March 31, 2020, the company expects year-end dividend of ¥30.00 per share against ¥25.00 per share a year ago.
For the full year ending March 31, 2020, the company expects year-end dividend of ¥30.00 per share against ¥30.00 per share a year ago.
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 Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020; Provides Dividend Guidance for the Second Quarter End and Year Ending March 31, 2020
NEC CAPITAL SOLUTIONS LIMITED 
