NEC Capital Solutions Limited Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Dividend Guidance for the Full Year Ending March 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2017
January 29, 2017
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NEC Capital Solutions Limited reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported revenues were ¥146,864 million against ¥153,551 million a year ago. Operating income was ¥5,131 million against ¥4,819 million a year ago. Profit before income taxes was ¥5,272 million against ¥5,114 million a year ago. Profit attributable to owners of parent was ¥2,647 million or ¥122.95 basic per share against ¥3,468 million or ¥161.06 basic per share a year ago.
The company provided dividend guidance for the full year ending March 31, 2017. For the year, the company expects a dividend of ¥22.00 per share against ¥22.00 per share a year ago.
The company provided earnings guidance for the full year ending March 31, 2017. For the year, the company expects revenues were ¥205,000 million, operating income was ¥6,000 million and profit attributable to owners of parent was ¥3,500 million or $162.54 basic 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 Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Dividend Guidance for the Full Year Ending March 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2017