Tokyo Century Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Announces Dividend for the Fiscal Year 2017, Payable on June 26, 2017; Provides Second Quarter and Year-End Dividend Guidance for the Fiscal Year 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018
May 11, 2017
Share
Tokyo Century Corporation reported consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, the company reported consolidated revenues of JPY 976,107 million against JPY 940,460 million a year ago. Operating income was JPY 71,999 million against JPY 65,904 million a year ago. Ordinary income was JPY 73,511 million against JPY 68,008 million a year ago. Net income attributable to owners of parent was JPY 43,648 million against JPY 40,033 million a year ago. Diluted earnings per share was JPY 412.36 against JPY 378.51 a year ago. Rate of return on equity (ROE) was 12.9% against 13.1% a year ago. Return on assets (ROA) was% a year ago. 2.1% against 2.1% a year ago. Cash flows used in operating activities was JPY 670 million against JPY 136,618 million a year ago. Income before income taxes was JPY 73,741 million against JPY 68,459 million a year ago. Purchases of own assets in use was JPY 2,325 million against JPY 3,167 million a year ago.
For the year, the company reported non-consolidated revenues of JPY 518,830 511 million against JPY 480,165 million a year ago. Operating income was JPY 40,425 511 million against JPY 37,225 million a year ago. Ordinary income was JPY 43,701 511 million against JPY 41,112 million a year ago. Net income was JPY 29,784 511 million against JPY 29,034 million a year ago. Diluted earnings per share was JPY 281.61 against JPY 274.30 a year ago.
For the fiscal year 2017, the company announced year-end dividend of JPY 53.00 per share, payable on June 26, 2017.
For the fiscal year 2018, the company expects second quarter dividend of JPY 52.00 per share.
For the fiscal year 2018, the company announced year-end dividend of JPY 53.00 per share.
For the year ending March 31, 2018, the company expects revenues of JPY 980,000 million, operating income of JPY 74,000 million, ordinary income of JPY 76,000 million and net income attributable to owners of parent of JPY 45,000 million or JPY 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 and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Announces Dividend for the Fiscal Year 2017, Payable on June 26, 2017; Provides Second Quarter and Year-End Dividend Guidance for the Fiscal Year 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018