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Finance

Tokyo Century Corp.

Business Summary

Tokyo Century Corp. engages in leasing and installment sale business. It operates through the following segments: Leasing and Installment Sales, Financing, and Other business. The Leasing and Installment Sales segment handles the lease and installment sale of equipment and machineries ranging from information, communications, and office equipment to industrial machine tools and construction equipment. The Financing segment provides financial services such as money lending, investment for business investment purposes securities, and silent partnership. The Other business segment includes commission transactions and solar power sales business. The company was founded on July 1, 1969 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue1,166.59B10,729.73M
Gross Profit207,930M1,912.42M
Operating income85,763M788.80M
Income before tax94,916M872.98M
Net income56,304M517.85M
EBITDA255,493M2,349.88M
Diluted EPS522.574.80
Dividends Per Share1361.25
Total Assets5,608.55B51,952.72M
Total liabilities4,948.23B45,836.09M
Total equity556,691M5,156.69M
Operating cash flow-64,017M-588.79M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 940,460M 976,107M 1,012.20B 1,067.61B 1,166.59B
Gross Profit 136,815M 152,812M 163,195M 181,749M 207,930M
Operating income 65,598M 71,768M 73,447M 77,231M 85,763M
Income before tax 68,459M 73,741M 79,466M 86,427M 94,916M
Net income 40,033M 43,649M 51,324M 52,272M 56,304M
EBITDA 150,081M 180,272M 194,709M 208,401M 255,493M
Diluted EPS 378.51 412.35 484.52 493.02 522.57
Dividends Per Share 80 100 114 124 136
Total Assets 3,317.86B 3,579.88B 3,755.12B 4,086.51B 5,608.55B
Total liabilities 2,942.99B 3,175.05B 3,299.09B 3,562.13B 4,948.23B
Total equity 320,878M 355,644M 397,189M 428,276M 556,691M
Operating cash flow -136,618M 18,011M 53,529M 230M -64,017M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 7,831.66M 9,014.03M 9,132.70M 9,627.26M 10,729.73M
Gross Profit 1,139.32M 1,411.16M 1,472.44M 1,638.93M 1,912.42M
Operating income 546.26M 662.75M 662.68M 696.43M 788.80M
Income before tax 570.09M 680.97M 716.99M 779.36M 872.98M
Net income 333.37M 403.08M 463.07M 471.36M 517.85M
EBITDA 1,249.79M 1,664.75M 1,756.78M 1,879.26M 2,349.88M
Diluted EPS 3.15 3.80 4.37 4.44 4.80
Dividends Per Share 0.66 0.92 1.02 1.11 1.25
Total Assets 29,519.65M 32,126.73M 35,309.13M 36,920.20M 51,952.72M
Total liabilities 26,184.34M 28,493.75M 31,021.10M 32,182.64M 45,836.09M
Total equity 2,854.91M 3,191.63M 3,734.73M 3,869.32M 5,156.69M
Operating cash flow -1,137.68M 166.32M 482.97M 2.07M -588.79M

Valuation Measures

Mar 2020
PER6.44
ROA1.16%
ROE11.43%
Operating margin7.35%
Profit margin4.82%

Key executives

  • President & Representative Director: Makoto Nogami
  • Executive Officer & Head-Finance: Takashi Yonetsu
  • Director, Chief Compliance Officer & Head-Legal: Ko Nakagawa
  • Executive Vice President & Head-Specialty Sales I: Koichi Nakajima
  • Representative Director & Executive Vice President: Masataka Yukiya

Shareholders

  • ITOCHU Corp. (29.2%)
  • Nippon Tochi-Tatemono Co., Ltd. (13.2%)
  • Nippon Telegraph & Telephone Corp. (10%)
  • KSO Co., Ltd. (8.3%)
  • Mizuho Financial Group, Inc. (4.2%)
  • Rheos Capital Works, Inc. (Investment Management) (2.6%)
  • Seiwa Sogo Tatemono Co., Ltd. (1.8%)
  • Nippon Life Insurance Co. (1.8%)
  • Orient Corp. Pension Fund (1.5%)
  • Yushu Tatemono KK (1.3%)

Contact Details

Related Companies

  • Tokyo Century (USA), Inc.
  • TC Skyward Aviation Ireland Ltd.
  • TC Skyward Aviation U.S., Inc.
  • TC Aviation Capital UK Ltd.
  • Sfk Power Godo Kaisha
  • ACS Capital Corp. Ltd. /Leasing Business/
  • Tokyo Leasing (Hong Kong) Ltd.
  • TC Aviation Capital Ireland Ltd.
  • Tong-Sheng Finance Leasing Co. Ltd.
  • Century Tokyo Factoring China Corp.
  • PT Century Tokyo Leasing Indonesia
  • PT TCT Indonesia
  • Century Tokyo Capital (Malaysia) Sdn. Bhd.
  • Century Tokyo Leasing (Singapore) Pte Ltd.
  • TC Agency Corporation
  • TC Business Experts Corp.
  • Try, Inc.
  • S.D.L. Co., Ltd.
  • TC Business Service Corp.
  • Century Tokyo Leasing (USA), Inc.
  • Century Tokyo Leasing China Corp.
  • Shinko Real Estate Co., Ltd.
  • Century Business SERVICEINC
  • IHI Finance Support KK
  • Nippon Rent-A-car Service, Inc.
  • CSI Leasing, Inc.

Competitors

  • Fly Leasing Limited Sponsored ADR
  • Chorus Aviation Inc.
Last Updated on 18 Sep, 2020

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