Tokyo Century Corporation Reports Consolidated Earnings Results for Six Months Ended September 30, 2017; Announces Dividend for Second Quarter of Fiscal 2017, Payable on December 5, 2017; Provides Year-End Dividend Outlook for the Fiscal Year 2017; Provides Earnings Outlook for the Fiscal Year Ending March 31, 2018
November 05, 2017
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Tokyo Century Corporation reported consolidated earnings results for six months ended September 30, 2017. For the period, the company's revenues were ¥484,063 million against ¥457,011 million a year ago. Operating income was ¥36,875 million against ¥34,978 million a year ago. Ordinary income was ¥38,030 million against ¥35,977 million a year ago. Income before income tax was ¥38,233 million against ¥35,728 million a year ago. Net income attributable to owners of parent was ¥22,779 million against ¥20,902 million a year ago. Net cash provided by operating activities was ¥34,825 million against net cash used in operations of ¥9,523 million a year ago. Diluted earnings per share were ¥215.12 against ¥197.55 a year ago.
For the second quarter of fiscal 2017, the company announced dividend of ¥52.00 per share against ¥47.00 per share paid for same period a year ago. Scheduled payment date of dividends is December 5, 2017.
The company expects year-end dividend of ¥53.00 per share fiscal year 2017.
For the fiscal year ending March 31, 2018, the company expects revenues of ¥980,000 million, operating income of ¥74,000 million, ordinary income of ¥76,000 million and net income attributable to owners of parent of ¥45,000 million or ¥426.31 per basic share.
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.
Tokyo Century Corporation Reports Consolidated Earnings Results for Six Months Ended September 30, 2017; Announces Dividend for Second Quarter of Fiscal 2017, Payable on December 5, 2017; Provides Year-End Dividend Outlook for the Fiscal Year 2017; Provides Earnings Outlook for the Fiscal Year Ending March 31, 2018
TOKYO CENTURY CORPORATION 
