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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 2022 JPYUSD
Revenue1,277.97B11,372.65M
Gross Profit207,067M1,842.68M
Operating income82,676M735.73M
Income before tax89,407M795.62M
Net income50,290M447.52M
EBITDA286,181M2,546.71M
Diluted EPS409.743.64
Dividends Per Share1431.27
Total Assets5,663.78B46,663.54M
Total liabilities4,868.20B40,108.78M
Total equity675,457M5,565.04M
Operating cash flow255,094M2,270.07M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,012.20B 1,067.61B 1,166.59B 1,200.18B 1,277.97B
Gross Profit 163,195M 181,749M 207,930M 200,982M 207,067M
Operating income 73,447M 77,231M 88,347M 77,155M 82,676M
Income before tax 79,466M 86,427M 94,916M 79,847M 89,407M
Net income 51,324M 52,272M 56,304M 49,146M 50,290M
EBITDA 194,709M 208,401M 255,493M 271,850M 286,181M
Diluted EPS 484.52 493.02 522.57 400.67 409.74
Dividends Per Share 114 124 136 138 143
Total Assets 3,755.12B 4,086.51B 5,608.55B 5,602.89B 5,663.78B
Total liabilities 3,299.09B 3,562.13B 4,948.23B 4,914.54B 4,868.20B
Total equity 397,189M 428,276M 556,691M 572,677M 675,457M
Operating cash flow 53,529M 230M -64,017M 86,690M 255,094M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 9,132.70M 9,627.26M 10,729.73M 11,316.36M 11,372.65M
Gross Profit 1,472.44M 1,638.93M 1,912.42M 1,895.03M 1,842.68M
Operating income 662.68M 696.43M 812.56M 727.48M 735.73M
Income before tax 716.99M 779.36M 872.98M 752.86M 795.62M
Net income 463.07M 471.36M 517.85M 463.39M 447.52M
EBITDA 1,756.78M 1,879.26M 2,349.88M 2,563.23M 2,546.71M
Diluted EPS 4.37 4.44 4.80 3.77 3.64
Dividends Per Share 1.02 1.11 1.25 1.30 1.27
Total Assets 35,309.13M 36,920.20M 51,952.72M 50,704.95M 46,663.54M
Total liabilities 31,021.10M 32,182.64M 45,836.09M 44,475.52M 40,108.78M
Total equity 3,734.73M 3,869.32M 5,156.69M 5,182.59M 5,565.04M
Operating cash flow 482.97M 2.07M -588.79M 817.38M 2,270.07M

Valuation Measures

Mar 2022
PER10.97
ROA0.89%
ROE8.05%
Operating margin6.46%
Profit margin3.93%

Key executives

  • President & Representative Director: Koichi Baba
  • Executive Officer & Head-Finance: Takashi Yonetsu
  • Executive Vice President & Head-Specialty Sales I: Koichi Nakajima
  • Director, EVP & Audit Manager: Akihiko Okada
  • Managing Executive Officer: Akihiro Naruse

Shareholders

  • ITOCHU Corp. (29.8%)
  • Chuo-Nittochi Group Co., Ltd. (14.4%)
  • Nippon Telegraph & Telephone Corp. (10%)
  • KSO Co., Ltd. (8.3%)
  • Mizuho Financial Group, Inc. (4.0%)
  • Seiwa Sogo Tatemono Co., Ltd. (3.2%)
  • Nippon Life Insurance Co. (1.7%)
  • Orient Corp. Pension Fund (1.5%)
  • The Vanguard Group, Inc. (1.3%)
  • Nomura Asset Management Co., Ltd. (0.9%)

Contact Details

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Competitors

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