Total leasing contracts in the industry overall rose 4.0% Y/Y.
We need to continue to monitor future trends in the financing environment and bankruptcies.
Results in Key Business Units
Contracts executed in the Leasing Business were in line with levels in the previous year, but new transactions decreased Y/Y.
Factoring increased in the Finance Business, and both contracts executed and new transactions rose Y/Y.
Contracts executed : 0.9% down
New transactions : 13.9% up
Contracts executed : 4.4% up
New transactions : 5.4% up
Business Performance
Although both revenue and income decreased Y/Y primarily due to the sale of real estate sales for large-scale sales in the Investment Business, posted in the same period of the previous fiscal year, the progress in Q1 was as expected at the beginning of this fiscal year.
NEC Capital Solutions Limited published this content on 28 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2023 08:07:18 UTC.
NEC Capital Solutions Ltd is a Japan-based company mainly engaged in the provision of finance services such as leasing, installments, and corporate loans to government offices, local governments and large and small companies. It operates through four business segments. Leasing and Installment segment is engaged in the leasing and installment sale of information processing equipment, communications equipment, office equipment, as well as industrial, civil engineering and construction machinery. Finance segment is engaged in money lending, factoring and securities investment business. Lisa segment is engaged in principal investment business, debt investments, real estate business, as well as provision of finance and advisory services. The Others segment is engaged in sale of secondhand products, collection of transaction fees, health care related business, as well as solar power generation and distribution business. It is also engaged in the operation of hotels and consulting business.
NEC CAPITAL SOLUTIONS LIMITED 
