Century Tokyo Leasing Corporation Announces Consolidated Financial Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Year Ending Mar. 31, 2018
August 03, 2017
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Century Tokyo Leasing Corporation announced consolidated financial results for the first quarter ended June 30, 2017. For the quarter, the company reported operating income of ¥18,275 million and net income attributable to owners of parent of ¥10,921 million or ¥103.14 per diluted share on revenue of ¥238,807 million against operating income of ¥17,317 million and net income attributable to owners of parent of ¥10,076 million or ¥95.24 per diluted share on revenue of ¥221,814 million for the same period of last year. Ordinary income was ¥19,091 million against ¥17,827 million a year ago. Income before income taxes and minority interests was ¥19,113 million against ¥17,842 million for the same period of last year.
For the year ending Mar. 31, 2018, the company expects, ordinary income ¥76,000 million, operating income of ¥74,000 million and net income attributable to owners of parent of ¥45,000 million or ¥426.31 per basic share on revenue of ¥980,000 million.
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 Financial Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Year Ending Mar. 31, 2018