Century Tokyo Leasing Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2017; Reports Dividend for Second Quarter of Fiscal 2016, Payable on December 9, 2016; Forecasts Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2017
November 03, 2016
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Century Tokyo Leasing Corporation announced consolidated earnings results for the six months ended September 30, 2016. For the period, the company revenues were JPY 457,011 million against JPY 455,480 million a year ago. Operating income was JPY 35,009 million against JPY 34,747 million a year ago. Ordinary income was JPY 36,008 million against JPY 36,358 million a year ago. Income before income taxes was JPY 35,759 million against JPY 37,218 million a year ago. Net income attributable to owners of parent was JPY 20,911 million against JPY 22,296 million a year ago. Net cash used in operating activities was JPY 9,523 million against JPY 98,422 million a year ago. Purchases of own assets in use was JPY 973 million against JPY 1,140 million a year ago. Diluted earnings per share were JPY 210.88 compared to JPY 197.63 a year ago.
For the fiscal year ending March 31, 2017, the company expects revenues of JPY 950,000 million, operating income of JPY 70,500 million, ordinary income of JPY 72,000 million and net income of JPY 42,500 million or JPY 402.70 per share.
For the second quarter of fiscal 2016 the company announced dividend of JPY 47.00 per share. Scheduled payment date of dividends is December 9, 2016.
The company forecasts year-end dividend of JPY 48.00 per share, total of JPY 95.00 per share for the fiscal year ending March 31, 2017.
Tokyo Century Corp is a Japan-based company mainly engaged in financial business. The Company operates in four business segments. Domestic Leasing segment is engaged in leasing and financing of information and communication equipment, office equipment, industrial machine tools, transportation equipment, and equipment for commercial and service industries. Domestic Automobile segment is engaged in auto leasing, rental cars, and car sharing businesses for corporations and individuals. Specialty segment is engaged in domestic and overseas leasing and financing of products such as ships, aircraft, real estate, environment and energy. International segment is engaged in leasing and financing mainly in East Asia and Association of Southeast Asian Nations, North America, and Latin America. The Company is also engaged in non-life insurance agency business and outsourced office work.
Century Tokyo Leasing Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2017; Reports Dividend for Second Quarter of Fiscal 2016, Payable on December 9, 2016; Forecasts Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2017
TOKYO CENTURY CORPORATION 
