<First-quarter earnings report for the fiscal year ending March 2011>
The Japanese economy showed signs of revival during the subject first quarter (April 1, 2010 to June 30, 2010) as a result of an increase in exports mainly to Asia and the effects of government stimulus measures, while capital investment showed a mild recovery trend. However, among small and medium-sized companies capital investment demand remained sluggish. Public sector investment all declined sharply.
Amid this tight business environment, the Ricoh Leasing Group continued to strengthen its relationships with leading vendors, as well as its contact sales to preferential customers. As a result, although total lease transaction volume declined from the same period of the previous fiscal year, Revenue remained on a par with a year earlier at 57.9 billion yen. Bad debt expenses were sharply reduced as a result of a fall in the number of bankruptcies, and strict risk management through a careful screening process. Interest expenses also declined as a result of flexible financing to take advantage of trends in the finance market. Accordingly, Operating Income increased 1.2 billion yen from the same period of the previous fiscal year to 3.8 billion yen. Net Income rose 0.7 billion yen to 2.1 billion yen.
In terms of management indices, Total Shareholdersf Equity increased to 97.5 billion yen, and Total Shareholdersf Equity Ratio rose to 15.7%. ROA increased 0.34 of a percentage point to 1.38%, with ROE up 1.8 percentage points to 8.9%.
(Unit: million yen)
| Item |
Consolidated |
| 2007/3 |
2008/3 |
2009/3 |
2010/3 |
2011/3
1Q |
| Revenue |
245,611 |
248,560 |
232,681 |
228,570 |
57,934 |
| Operating Income |
14,210 |
13,191 |
10,192 |
11,510 |
3,845 |
| Income before Special Items |
14,188 |
13,165 |
10,179 |
11,338 |
3,797 |
| Net Income |
8,302 |
7,704 |
6,119 |
6,654 |
2,145 |
| Total Assets |
661,258 |
678,884 |
661,091 |
624,530 |
621,649 |
| Total Shareholders' Equity |
79,043 |
85,696 |
90,446 |
96,017 |
97,530 |
| Total Shareholders' Equity Ratio |
11.9% |
12.6% |
13.7% |
15.3% |
15.7% |
| ROE (Return on Equity Ratio) |
11.0% |
9.4% |
7.0% |
7.1% |
8.9% |
| ROA (Return on Asset ) |
1.28% |
1.15% |
0.91% |
1.04% |
1.38% |
| EPS (Earnings Per Share) |
265.96 |
246.81 |
196.02 |
213.17 |
68.74 |
Dividend per share
(yen) |
31.0 |
35.0 |
36.0 |
38.0 |
38.0
(Forecast) |
| Number of employees |
869 |
912 |
875 |
861 |
864 |
Financial Indicators
Revenue
Unit (million yen)
(*)Forecast from the Quarterly Earnings Report for the Year Ending March 2011
Income before Special Items/Net Income
Unit (million yen)
(*)Forecast from the Quarterly Earnings Report for the Year Ending March 2011
ROE (Return on Equity Ratio)/ROA (Return on Asset )/Total Shareholders' Equity Ratio
Unit (%)
EPS(Earnings Per Share)
Unit (yen / share)
(*)Forecast from the Quarterly Earnings Report for the Year Ending March 2011
|
