NEC Capital Solutions Limited Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2017; Provides Year-End Dividend Guidance for the Full Year Ending March 31, 2017
January 29, 2018
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NEC Capital Solutions Limited reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported revenues of ¥159,304 million against ¥146,864 million a year ago. Operating income was ¥11,987 million against ¥5,131 million a year ago. Ordinary income was ¥11,985 million against ¥5,202 million a year ago. Profit before income taxes was ¥11,985 million against ¥5,272 million a year ago. Profit attributable to owners of parent was ¥5,622 million or ¥261.11 basic per share against ¥2,647 million or ¥122.95 basic per share a year ago.
For the full year ending March 31, 2017, the company expects revenues of ¥210,000 million, operating income of ¥12,500 million, ordinary income of ¥12,500 million and profit attributable to owners of parent of ¥5,500 million or $255.42 basic per share.
For the full year ending March 31, 2017, the company expects year-end dividend of ¥22.00 per share against ¥22.00 per share a year ago.
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 Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2017; Provides Year-End Dividend Guidance for the Full Year Ending March 31, 2017