Mitsubishi UFJ Lease & Finance Company Limited Reports Consolidated and Standalone Earnings Results for the First Quarter of Fiscal 2014; Provides Consolidated Earnings Guidance for the Full Fiscal 2014
For the quarter, the company reported standalone revenues of JPY 116,140 million decreased by 1.6% year over year. Operating profit was JPY 5,646 million decreased by 42.4% year over year. Recurring profit was JPY 6,599 million decreased by 39.3% year over year. Net profit was JPY 3,972 million decreased by 37.1% year over year.
The company provided consolidated earnings guidance for the full fiscal 2014. For the year, the company is expecting its revenue of JPY 710.0 billion; operating profit of JPY 53.0 billion; net profit of JPY 32.0 billion.