Century Tokyo Leasing Corporation Announces Consolidated Financial Results for the Fiscal Year Ended March 31, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017
May 10, 2016
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Century Tokyo Leasing Corporation announced consolidated financial results for the fiscal year ended March 31, 2016. For the year, the company reported revenues of JPY 940.5 billion against JPY 883.0 billion a year ago. Operating income JPY 65.9 billion against JPY 58.4 billion a year ago. Ordinary income was JPY 68.0 billion against JPY 60.7 billion a year ago. Net income attributable to owners of parent was JPY 40.0 billion against JPY 34.1 billion a year ago. ROA was 2.1% against 2.0% a year ago. ROE was 13.1% against 12.5% a year ago. Income before income taxes was JPY 68.5 billion against JPY 59.7 billion a year ago.
For the fiscal year ending March 31, 2017, the company expects to achieve record highs across all of the following consolidated results, with total revenues up 1.0% on the year at JPY 950,000 million, operating income up 7.0% at JPY 70,500 million, ordinary income up 5.9% at JPY 72,000 million and net income attributable to owners of parent up 6.2% at JPY 42,500 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 Fiscal Year Ended March 31, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017
TOKYO CENTURY CORPORATION 
