Tokyo Century Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Announces Year-End Dividend for Fiscal Year 2017, Payable from June 26, 2018; Provides Second Quarter and Year-End Dividend Outlook for Fiscal Year 2018; Provides Consolidated Earnings Outlook for the Fiscal Year Ending March 31, 2019
May 08, 2018
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Tokyo Century Corporation reported consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the period, on consolidated basis, the company's revenues were ¥1,012,200 million against ¥976,107 million a year ago. Operating income was ¥73,744 million against ¥71,999 million a year ago. Ordinary income was ¥79,031 million against ¥73,511 million a year ago. Income before income tax was ¥79,466 million against ¥73,741 million a year ago. Net income attributable to owners of parent was ¥51,324 million against ¥43,648 million a year ago. Net cash from operating activities was ¥26,428 million against net cash used in operations of ¥670 million a year ago. Rate of return on equity (ROE) was 13.7% against 12.9% a year ago. Return on assets (ROA) was 2.2% 2.1% a year ago. Diluted EPS was ¥484.53 against ¥412.36 a year ago.
For the period, the company's revenues were ¥482,859 million against ¥480,165 million a year ago. Operating income was ¥39,992 million against ¥37,225 million a year ago. Ordinary income was ¥45,067 million against ¥41,112 million a year ago. Net income was ¥31,462 million against ¥29,034 million a year ago. Diluted EPS was ¥297.02 against ¥274.30 a year ago.
The company announced year-end dividend of ¥62.00 per share for fiscal year 2017, payable from June 26, 2018.
The company expects second quarter dividend of ¥61.00 per share and year-end dividend of ¥61.00 per share for fiscal year 2018.
For the fiscal year ending March 31, 2019, on consolidated basis, the company expects revenues of ¥1,050,000 million, operating income of ¥76,000 million, ordinary income of ¥83,000 million and net income attributable to owners of parent of ¥51,500 million or ¥487.74 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 and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Announces Year-End Dividend for Fiscal Year 2017, Payable from June 26, 2018; Provides Second Quarter and Year-End Dividend Outlook for Fiscal Year 2018; Provides Consolidated Earnings Outlook for the Fiscal Year Ending March 31, 2019
TOKYO CENTURY CORPORATION 
