Consolidated Financial Results
For the Three Months of Fiscal Year Ending March 31, 2024
August 9, 2023
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1. Financial Highlights
Financial Highlights | 4 | |
Net Income & ROA by Operating Segment | 5 | |
Ordinary Income & ROA by Operating Segment | 6 | |
Breakdown of YoY Changes in Net Income (Loss) | 7 | |
Breakdown of Ordinary Income (Core earnings, gain on | 8 | |
sales, impairment, etc.) | ||
Balance of Segment Assets by Operating Segment | 9 | |
FY2023 Consolidated Results Forecast | 10 | |
2. Results by Operating Segment | ||
Results of Equipment Leasing | 12 | |
Results of Automobility | 13 | |
Balance of Segment Assets and Transaction Volume in | 14 | |
Automobility | ||
Results of Specialty Financing | 15 | |
Balance of Segment Assets in Specialty Financing | 16 | |
Results of International Business | 17 | |
Balance of Segment Assets in International Business | 18 | |
Results of Environmental Infrastructure | 19 | |
3. Business Topics | ||
Performance of NTT TC Leasing | 21 | |
Improved Profitability of Car Rental Business | 22 | |
Aviation Business 1 Aviation Market Overview | 23 | |
Aviation Business 2 | ACG's Financial Performance | 24 |
Aviation Business 3 | ACG's Portfolio | 25 |
Aviation Business 4 ACG's Capital Procurement Activities | 26 | |
Real Estate Business | Portfolio Strategy | 27 |
CSI's Performance | 28 | |
CSI's Global Strategies | 29 | |
Development of Environment-Related Businesses | 30 | |
Strengthening of Sales Capabilities and Corporate Value | 31 | |
Improvement of OAL and OBL |
4. Collaboration with the NTT Group
Status of Business Collaboration with the NTT Group | 33 |
5. Promotion of Sustainability Management
Promotion of Sustainability Management | 35 |
Investment in Forestry Fund | 36 |
Carbon Neutrality Policy | 37 |
Reduction in GHG Emissions | 38 |
Renewable Energy Generation Capacity | 39 |
Aviation Business | 40 |
Enhanced Human Resources | 41 |
Corporate Governance | 42 |
Reference Information on Sustainability Management | 43 |
6. Appendix
Transition of Business Portfolio | 45 |
Credit Ratings | 46 |
Statement of Income | 47 |
Balance Sheet | 48 |
Interest-Bearing Debt | 49 |
Quarterly Changes in Results by Subsidiary in Automobility | 50 |
Breakdown of Ordinary Income by Operating Segment | 51 |
(Core earnings, gain on sales, impairment, etc.) | |
Major Group Companies (Domestic) | 52 |
Major Group Companies (Overseas) | 53 |
External Evaluation: Inclusion in Global Indices | 54 |
All Rights Reserved, Copyright © Tokyo Century Corporation | 2 |
1. Financial Highlights
All Rights Reserved, Copyright © Tokyo Century Corporation | 3 |
Financial Highlights
Ordinary income decreased 0.7% YoY to ¥31.8 billion, and net income was ¥18.2 billion, up ¥37.7 billion, due to the dissipation of extraordinary losses
(Billions of yen)
FY2022 | FY2023 | |||||
Change | % Change | |||||
Q1 Result | Q1 Result | |||||
Revenues | 315.1 | 329.0 | 13.8 | 4.4% | ||
Operating income | 26.9 | 28.2 | 1.3 | 4.9% | ||
Ordinary income | 32.0 | 31.8 | -0.2 | -0.7% | ||
Net income (loss) attributable to owners of parent | -19.5 | 18.2 | 37.7 | - | ||
ROA (Net income / Total assets) | - | 1.2% | - | |||
ROE(Net income / Shareholders' equity) | - | 9.5% | - | |||
Average foreign exchange rate (USD1) | ¥116.34 | ¥132.43 | (Foreign exchange rate for January- | |||
March for major overseas subsidiaries) | ||||||
FY2023 Forecast
Announced on | % Progress |
May 12, 2023 | |
- | - |
- | - |
110.0 | 28.9% |
70.0 | 26.0% |
Mar. 31, 2023 | Jun. 30, 2023 | ||||
Change | % Change | ||||
Total assets | 6,082.1 | 6,151.8 | 69.7 | 1.1% | |
Balance of segment assets | 5,363.8 | 5,449.2 | 85.4 | 1.6% | |
Shareholders' equity | 761.6 | 775.6 | 14.0 | 1.8% | |
Shareholders' equity ratio | 12.5% | 12.6% | 0.1pt | ||
Foreign exchange rate at quarter end (USD1) | ¥132.70 | ¥133.54 (Foreign exchange rate for major overseas | |||
* Profitability such as ROE and ROA is calculated on annualized basis | subsidiaries as of the end of March) | ||||
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Net Income & ROA by Operating Segment
Net income increased ¥37.7 billion YoY due to the recovery of Specialty Financing and International Business
Net income | ROA |
(Billions of yen) | (Net income / Segment assets) |
FY2022 | FY2023 | ||
Q1 Result | Q1 Result | ||
Change | |||
Equipment Leasing | 6.7 | 6.5 | -0.2 |
Automobility | 3.4 | 5.5 | 2.2 |
Specialty Financing | -18.0 | 3.7 | 21.7 |
International Business | -8.1 | 2.5 | 10.6 |
Environmental Infrastructure | 0.5 | 2.3 | 1.8 |
Other | -4.0 | -2.4 | 1.6 |
Total (Net income) | -19.5 | 18.2 | 37.7 |
FY2023 | FY2023 | ||
Forecast | % Progress | Q1 Result | Change |
24.0 | 27% | 2.0% | - |
13.0 | 43% | 3.6% | 1.4pt |
26.0 | 14% | 0.6% | - |
14.0 | 18% | 1.5% | - |
4.0 | 58% | 3.4% | 2.1pt |
-11.0 | 22% | ||
70.0 | 26% | 1.3% | - |
ROA (Net income / Total assets)
1.2%
-
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Tokyo Century Corporation published this content on 09 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2023 06:38:03 UTC.