NEC Capital Solutions Limited Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the First Half and Full Year of Fiscal 2016; Provides Dividend Guidance for the Full Year of Fiscal 2016
July 29, 2015
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NEC Capital Solutions Limited announced consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported revenues of JPY 50,928 million compared with JPY 47,740 million for the same period a year ago. Operating income was JPY 1,525 million compared with JPY 3,288 million for the same period a year ago. Ordinary income was JPY 1,351 million compared with JPY 3,369 million for the same period a year ago. Profit attributable to owners of parent was JPY 726 million or JPY 33.74 per basic share compared with JPY 2,099 million or JPY 97.50 per basic share for the same period a year ago. Income before income taxes and minority interests was JPY 1,351 million compared with JPY 3,369 million for the same period a year ago.
The company provided dividend guidance for the full year of fiscal 2016. For fiscal 2016, the company expects to pay an interim dividend of JPY 22.00 per share, and a final dividend of JPY 22.00 per share.
The company provided earnings guidance for the first half and full year of fiscal 2016. For the first half ending September 30, 2015, the company expects to report revenues of JPY 90,000 million, operating income of JPY 2,500 million, ordinary income of JPY 2,500 million and profit attributable to owners of parent of JPY 1,500 million or JPY 69.66 per basic share.
For the full year ending March 31, 2016, the company expects to report revenues of JPY 190,000 million, operating income of JPY 5,500 million, ordinary income of JPY 5,500 million and profit attributable to owners of parent of JPY 3,500 million or JPY 162.54 per basic share.
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 Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the First Half and Full Year of Fiscal 2016; Provides Dividend Guidance for the Full Year of Fiscal 2016