NEC Capital Solutions Limited Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2013; Provides Earnings Guidance for the Year Ending March 31, 2014; Provides Dividend Guidance for the Year Ending March 31, 2014
January 29, 2014
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NEC Capital Solutions Limited reported consolidated earnings results for the nine months ended December 31, 2013. For the period, the company reported revenues of JPY 172,190 million compared to JPY 175,601 million a year ago. Operating income was JPY 16,212 million compared to JPY 6,582 million a year ago. Ordinary income was JPY 16,584 million compared to JPY 6,763 million a year ago. Net income was JPY 4,934 million or JPY 229.16 per basic share compared to JPY 3,784 million or JPY 175.73 per share a year ago. Income before income taxes and minority interests was JPY 16,584 million against JPY 6,973 million a year ago.
For the year ending March 31, 2014, the company expects revenues of JPY 230,000 million, operating income of JPY 17,000 million, ordinary income of JPY 17,000 million, net income of JPY 5,000 million or JPY 232.20 per basic share.
The company provides dividend guidance of JPY 22.00 per share for the fiscal year ending March 31, 2014 compared to JPY 22.00 per share last year same period.
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, 2013; Provides Earnings Guidance for the Year Ending March 31, 2014; Provides Dividend Guidance for the Year Ending March 31, 2014