Ricoh Leasing Company, Ltd. Announces Consolidated Financial Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
July 24, 2019
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Ricoh Leasing Company, Ltd. announced consolidated financial results for the first quarter ended June 30, 2019. For the quarter, the company reported operating profit of ¥4,559 million and profit of ¥3,192 million or ¥102.69 per share on net sales of ¥82,028 million against operating profit of ¥4,336 million and profit of ¥3,049 million or ¥96.58 per share on net sales of ¥78,239 million for the same period of last year.
For the year ending March 31, 2020, the company expects, operating profit of ¥17,700 million and profit attributable to owners of the parent of ¥12,000 million or ¥384.41 per share on net sales of ¥321,400 million.
Ricoh Leasing Co Ltd is a Japan-based company mainly engaged in the provision of leasing services and related business. The Company operates through three business segments. The Leasing and Finance segment is engaged in the provision of finance leases, operating leases, installment sales and credit for office and information-related equipment, medical equipment, industrial machine tools, measuring instruments, as well as corporate loans, industry-specific loans, housing loans, condominium loans. In addition, the Company provides corporate loans, industry-specific loans, housing loans, condominium loans, and other loans. The Services segment is engaged in the provision of invoicing and accounts receivable collection services, medical and nursing care reimbursement factoring services, factoring services for the Ricoh Group, and relocation management services. The Investment business includes solar power generation, housing leasing, and real estate related businesses.
Ricoh Leasing Company, Ltd. Announces Consolidated Financial Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
RICOH LEASING COMPANY, LTD. 