NEC Capital Solutions Limited Reports Consolidated Earnings Results for the Six Months Ended September 30, 2013; Provides Earnings Guidance for the Year Ending March 31, 2014; Declares Dividend for the Second Quarter Ended September 30, 2013; Provides Dividend Guidance for the Year Ending March 31, 2014
October 29, 2013
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NEC Capital Solutions Limited reported consolidated earnings results for the six months ended September 30, 2013. For the period, the company reported revenues of JPY 110,393 million compared to JPY 121,618 million a year ago. Operating income was JPY 6,107 million compared to JPY 3,785 million a year ago. Ordinary income was JPY 6,398 million compared to JPY 3,918 million a year ago. Net income was JPY 2,539 million or JPY 117.91 per basic share compared to JPY 1,895 million or JPY 88.01 per share a year ago. Income before income taxes and minority interests was JPY 6,398 million against JPY 4,127 million a year ago. Net cash provided by operating activities was JPY 24,639 million against JPY 53,854 million a year ago.
For the year ending March 31, 2014, the company expects revenues of JPY 210,000 million, operating income of JPY 6,500 million, ordinary income of JPY 6,500 million, net income of JPY 3,000 million or JPY 139.32 per basic share.
The company declared dividend of JPY 22.00 per share for the second quarter of 2013 compared to JPY 22.00 per share last year same period.
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 Six Months Ended September 30, 2013; Provides Earnings Guidance for the Year Ending March 31, 2014; Declares Dividend for the Second Quarter Ended September 30, 2013; Provides Dividend Guidance for the Year Ending March 31, 2014
NEC CAPITAL SOLUTIONS LIMITED 
