Ricoh Leasing Company, Ltd. Announces Unaudited Consolidated Earnings Results for the First Nine Months Ended December 31, 2016; Provides Dividend Guidance for the Full Year Ending March 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2017
January 26, 2017
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Ricoh Leasing Company, Ltd. announced unaudited consolidated earnings results for the first nine months ended December 31, 2016. For the first nine months, the company announced net sales of JPY 216,456 million against JPY 205,155 million a year ago. Operating income was JPY 12,993 million against JPY 12,594 million a year ago. Profit before income taxes was JPY 12,940 million against JPY 12,503 million a year ago. Profit attributable to owners of parent was JPY 8,934 million or JPY 286.20 per share against JPY 8,297 million or JPY 265.79 per share a year ago.
For the fiscal year ending March 31, 2017, the company expects to pay year-end dividend of JPY 30.00 per share compared to JPY 27.50 per share paid a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2017. For the full year, the company expects to report net sales of JPY 285,000 million, operating income of JPY 17,300 million, ordinary income of JPY 17,100 million and profit attributable to owners of parent company of JPY 11,500 million or JPY 368.39 per share.
Ricoh Leasing Co Ltd is a Japan-based company mainly engaged in the provision of leasing services and related business. The Company operates through three business segments. The Leasing and Finance segment is engaged in the provision of finance leases, operating leases, installment sales and credit for office and information-related equipment, medical equipment, industrial machine tools, measuring instruments, as well as corporate loans, industry-specific loans, housing loans, condominium loans. In addition, the Company provides corporate loans, industry-specific loans, housing loans, condominium loans, and other loans. The Services segment is engaged in the provision of invoicing and accounts receivable collection services, medical and nursing care reimbursement factoring services, factoring services for the Ricoh Group, and relocation management services. The Investment business includes solar power generation, housing leasing, and real estate related businesses.
Ricoh Leasing Company, Ltd. Announces Unaudited Consolidated Earnings Results for the First Nine Months Ended December 31, 2016; Provides Dividend Guidance for the Full Year Ending March 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2017