Consolidated Third Quarter Earning Report For the Nine Months Ended December 31, 2006

Transcription

1 Consolidated Third Quarter Earning Report For the Nine Months Ended December 3, 2006 January 23, 2007 Corporate Name: Hitachi Capital Corporation Stock Code: 8586 Stock Listing: Tokyo Stock Exchange Head Office: Tokyo (URL Representative Director: Kazuo Takano, President and CEO Inquiries: Keiji Momoi, Senior Corporate Officer, General Manager of Finance Division. Phone: Notes on Presentation of Quarterly Operating Results () Adoption of the simplified accounting standards: Yes Accounting standard for income taxes: simplified accounting standard by using the legal effective tax rate Simplified accounting standards are also used elsewhere where the effect is marginal. (2) s in accounting standards for financial accounts in the most recent fiscal year: None (3) s in number of consolidated subsidiaries or equity-method affiliates: Yes [Number of Consolidated Subsidiaries and Application of Equity Method] Consolidated subsidiaries: 22 Equity-method non-consolidated subsidiaries: Equity-method affiliates: [s in Consolidated Subsidiaries and Affiliates] Consolidated subsidiaries Excluded:2 Equity-method affiliates Excluded: 2. Consolidated Results for the Third Quarter of the Fiscal Year Ending March 3, 2007 () Consolidated Operating Results Total to the end of the Third Quarter (April December 3) (All amounts rounded down, y on y change %) Operating income Ordinary income million yen % million yen % million yen % million yen % Nine Months Ended December 3, , , , , Nine Months Ended December 3, , , , ,456.9 Reference Year ended March 3, , , , , Diluted net income per per share share Yen Yen million yen % Nine Months Ended December 3, ,426, Nine Months Ended December 3, ,499, Reference Year ended March 3, ,989,6 2.8 Notes: Average number of common stock outstanding (after excluding treasury stock): Nine Months Ended December 3, 2006: 6,892,66 shares Nine Months Ended December 3, 2005: 7,2,23 shares (Reference) Year ended March 3, 2006: 7,057,392 shares

2 (2) Consolidated Operating Results Third Quarter (October December 3) million yen % (All amounts rounded down, y on y change %) Operating income Ordinary income million % million yen % million yen % yen 3, , , , , , , , , , Diluted net income per share per share Yen Yen million yen % 3, , , , Notes: Average number of common stock outstanding (after excluding treasury stock): 3, 2006: 6,892,247shares 3, 2005: 6,893,520 shares (3) Consolidated Financial Position Total assets Total stockholders' equity Stockholders' equity ratio Stockholders equity per share million yen million yen Yen As of December 3, ,457, , , As of December 3, ,40, , , Reference Year ended March 3, ,436,32 230,84 9.5,974.2 Note: Number of shares issued and outstanding (after excluding treasury stock): As of December 3, 2006: 6,89,794shares As of December 3, 2005: 6,893,325 shares (Reference) Year ended March 3, 2006: 6,892,979 shares 3. Forecasts for the Fiscal Year Ending March 3, 2007 (April, 2006 to March 3, 2007) Ordinary income million yen % million yen % million yen % Fiscal year 6, , , Notes: Volume of Business Fiscal year: 2,000,000 million (Reference)Projected net income per share for the fiscal year: Consolidated forecasts have been prepared using information available on the date of release. Accordingly, forecasts may differ significantly from actual results due to a variety of factors. 2

3 Consolidated Balance Sheets

4 Consolidated Statements of Income <Nine Months Ended December 3, 2006 (April - December 3)> Nine Months Ended Nine Months Ended Period December 3,2006 YoY December 3,2005 Item (April st,2006 to December 3th,2006) change (April st,2005 to December 3th,2005) 85, , Operating revenues 84, ,287 Interest and dividend income Expenses 67, , Selling, general and administrative expenses 47, ,938 Financing costs 9, ,462 Operating income 8, , Non-operating revenues Non-operating expenses Ordinary income 9, , minority interests 9, , Income taxes 7, , Deferred income taxes , Minority interests , , < 3, 2006 (October - December 3)> ( million, rounded down) ( million, rounded down) Three Months Ended Three Months Ended Period December 3,2006 YoY December 3,2005 Item (October,2006 to December 3,2006) change (October,2005 to December 3,2005) 28, , Operating revenues 28, ,895 Interest and dividend income Expenses 23, , Selling, general and administrative expenses 6,32.6 5,882 Financing costs 7, ,574 Operating income 5, , Non-operating revenues Non-operating expenses Ordinary income 6, , , , Income taxes 3, , Deferred income taxes Minority interests , ,

5 Supplementary Information. s in Quarterly Consolidated Performance Consolidated Results for the Year Ending 3 March, 2007 (million, rounded down) Quarter st Quarter 2nd Quarter 3rd Quarter 4th Quarter Nine Months No. April, July, October, January, April, Item June 30, 2006 September 30, 2006 December 3, 2006 March 3, 2007 Deember 3, ,944 28,789 28,932 85,666 Operating revenues 2 27,55 28,595 28,760 84,87 Interest and dividend income Expenses 4 2,879 22,240 23,307 67,427 Selling, general and administrative expenses 5 5,70 5,68 6,32 47,452 Financing costs 6 6,78 6,62 7,75 9,975 Operating income 7 6,065 6,548 5,625 8,238 Non-operating revenues Non-operating expenses Ordinary income 0 6,64 6,5 6,023 9,49 Extraordinary gains/losses minority interests 2 6,64 6,5 6,023 9,49 Income taxes 3 3,032,68 3,07 7,73 Deferred income taxes Minority interests ,502 4,63 3,237 0,904 Consolidated Results for the Year Ended 3 March, 2006 Quarter (million, rounded down) st Quarter 2nd Quarter 3rd Quarter 4th Quarter Fiscal Year No. April, July, October, January, April Item June 30, 2005 September 30, 2005 December 3, 2005 March 3, 2006 March 3, ,658 27,933 27,966 29,66 2,725 Operating revenues 2 27,565 27,826 27,895 28,984 2,272 Interest and dividend income Expenses 4 2,65 2,292 2,456 22,35 86,536 Selling, general and administrative expenses 5 6,063 5,992 5,882 5,835 63,774 Financing costs 6 5,588 5,300 5,574 6,299 22,762 Operating income 7 6,007 6,640 6,509 7,03 28,89 Non-operating revenues Non-operating expenses Ordinary income 0 5,937 6,609 6,633 6,949 26,29 Extraordinary gains/losses minority interests 2 5,937 6,609 6,633 6,949 26,29 Income taxes 3 2, ,935,472 7,807 Deferred income taxes ,03 2,470 3,449 Minority interests ,074 3,876 3,505 3,762 4,29

6 Supplementary Information 2. Contract Segment Consolidated Information () For the Nine Months Ended December 3, 2006 (Apri l, December 3, 2006) (million, rounded down,) Installments Lease Guarantees Total No (%) (%) and others (%) (%) 49, , , , (58) (7) (35) (00) 57, , ,689.0,426, Ju (40) () (49) (00) Trade receivables, loan guarantees and leases 3,929, , ,075, ,574, (54) (6) (30) (00) ( ) For the Nine Months Ended December 3, 2005 (Apri l, December 3, 2005) (million, rounded down,) Installments No Lease Guarantees (%) (%) and others (%) Total (%) 47, , , ,558.3 (57) (0) (33) (00) 623, , ,928.5,499, (42) (2) (46) (00) Notes: Trade receivables, loan guarantees and leases 3,879, , ,06, ,543, (53) (8) (29) (00) "Trade receivables, loan guarantees and leases" include off-balance sheet assets. 2 "Lease" includes lease rentals, auto leases and other items. 3 "Guarantees" include loan sales through alliances and other items. 4 "Installments and others" include installment sales, business loans (including home loans), card services and other items. 3. Volume of Business by Consolidated Product (million, rounded down,) Nine Months Ended Nine Months Ended Finance business No December 3, 2005,207,47 December 3, 2006,06,095 (%) 8.4 Automobile finance 2 233,258 27, Home appliances and home refurbishment 3 5,852, Home loans 4 94,855 33, Information equipment related 5 33, , Industrial machinery 6 3,297 38, Construction machinery 7 25,236 29, Medical devices 8 76,667 74, Agricultural equipment 9 58,705 56,2 4.2 Others 0 75,859 77,795. Other financial services 300,72 327, Card business 2 34,84 36, Non-life insurance 3 8,645 6, Securitization business 4 49,692 46, Outsourcing business 5 207, , Elimination and/or corporate 6 7,840 6,898 - Total 7,499,750,426, Note: "Others" shown under the finance business include commercial facilities, scientific instruments, maintenance services and other items.