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85932027 Q1PrimeJGAAP

Mitsubishi HC Capital (8593) FY2027 Q1 Earnings Report

For FY2027 Q1, revenue came to ¥539.1B (-7.8% year on year) and operating income ¥47.1B (-42.9%). The segment drivers and cash flow follow.

Financials (ex Banks)/Other Financing Business


Financial Highlights

  • Net Sales: ¥539.10B
  • Operating Income: ¥47.10B
  • Net Income: ¥31.86B
  • EPS: ¥22.03

Income Statement

ItemCurrentPriorYoY %
Net Sales¥539.10B¥584.50B−7.8%
Cost of Sales¥425.61B¥432.93B−1.7%
Gross Profit¥113.50B¥151.57B−25.1%
SG&A Expenses¥66.39B¥69.09B−3.9%
Operating Income¥47.10B¥82.49B−42.9%
Non-operating Income¥3.47B¥5.32B−34.7%
Non-operating Expenses¥4.09B¥8.11B−49.5%
Ordinary Income¥46.49B¥79.69B−41.7%
Profit Before Tax¥46.49B¥79.80B−41.7%
Income Tax Expense¥14.62B¥22.27B−34.3%
Net Income¥31.86B¥57.53B−44.6%
Net Income Attributable to Owners¥31.61B¥57.27B−44.8%
Total Comprehensive Income¥57.00B¥5.14B+1008.9%
Interest Expense¥2.82B¥2.17B+30.1%
Basic EPS¥22.03¥39.89−44.8%
Diluted EPS¥21.99¥39.82−44.8%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥6.61T¥6.62T−¥6.83B
Cash and Deposits¥317.90B¥366.04B−¥48.13B
Inventories¥100.32B¥92.72B+¥7.59B
Non-current Assets¥6.70T¥6.47T+¥231.43B
Property, Plant & Equipment¥5.65T¥5.45T+¥196.98B
Intangible Assets¥251.86B¥253.28B−¥1.42B
Goodwill¥90.27B¥91.64B−¥1.38B
Investment Securities¥627.26B¥593.99B+¥33.27B
Total Assets¥13.31T¥13.09T+¥224.85B
Current Liabilities¥4.08T¥4.00T+¥73.05B
Accounts Payable¥181.42B¥200.24B−¥18.82B
Short-term Loans¥544.85B¥458.49B+¥86.35B
Non-current Liabilities¥7.21T¥7.08T+¥132.28B
Long-term Loans¥4.19T¥4.08T+¥112.37B
Total Liabilities¥11.29T¥11.08T+¥205.33B
Total Equity¥2.03T¥2.01T+¥19.52B
Capital Stock¥33.20B¥33.20B¥0
Capital Surplus¥545.15B¥545.16B−¥5M
Retained Earnings¥953.16B¥956.07B−¥2.91B
Treasury Stock−¥23.01B−¥19.86B−¥3.16B
Owners' Equity¥2.01T¥1.99T+¥19.05B
Working Capital¥2.53T--

Profitability Ratios

ItemValue
Book Value Per Share¥1,400.56
Net Profit Margin5.9%
Gross Profit Margin21.1%
Current Ratio162.1%
Quick Ratio159.7%
Debt-to-Equity Ratio5.56x
Interest Coverage Ratio16.70x
Effective Tax Rate31.5%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change−7.8%
Operating Income YoY Change−42.9%
Ordinary Income YoY Change−41.7%
Profit Before Tax YoY Change−41.8%
Net Income YoY Change−44.6%
Net Income Attributable to Owners YoY Change−44.8%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)1.47B shares
Treasury Stock33.11M shares
Average Shares Outstanding1.43B shares
Book Value Per Share¥1,414.63

Segment Information

SegmentRevenueOperating Income
Aviation¥81.79B¥9.22B
CustomerSolutionsUnit¥249.53B¥9.12B
EnvironmentAndEnergy¥10.61B−¥3.27B
GlobalCustomer¥139.65B¥6.39B
Logistics¥38.67B¥7.38B
RealEstate¥18.48B¥2.97B

※ セグメント利益の測定基礎: 親会社帰属利益

Full Year Forecast

ItemForecast
Net Income Attributable to Owners Forecast¥160.00B
Basic EPS Forecast¥111.57
Dividend Per Share Forecast¥51.00