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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 2021 JPYUSD
Revenue1,200.18B11,316.36M
Gross Profit200,982M1,895.03M
Operating income77,155M727.48M
Income before tax79,847M752.86M
Net income49,146M463.39M
EBITDA271,850M2,563.23M
Diluted EPS400.673.77
Dividends Per Share1381.30
Total Assets5,602.89B50,704.95M
Total liabilities4,914.54B44,475.52M
Total equity572,677M5,182.59M
Operating cash flow86,690M817.38M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 976,107M 1,012.20B 1,067.61B 1,166.59B 1,200.18B
Gross Profit 152,812M 163,195M 181,749M 207,930M 200,982M
Operating income 72,001M 73,447M 77,231M 88,347M 77,155M
Income before tax 73,741M 79,466M 86,427M 94,916M 79,847M
Net income 43,649M 51,324M 52,272M 56,304M 49,146M
EBITDA 180,272M 194,709M 208,401M 255,493M 271,850M
Diluted EPS 412.35 484.52 493.02 522.57 400.67
Dividends Per Share 100 114 124 136 138
Total Assets 3,579.88B 3,755.12B 4,086.51B 5,608.55B 5,602.89B
Total liabilities 3,175.05B 3,299.09B 3,562.13B 4,948.23B 4,914.54B
Total equity 355,644M 397,189M 428,276M 556,691M 572,677M
Operating cash flow 18,011M 53,529M 230M -64,017M 86,690M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 9,014.03M 9,132.70M 9,627.26M 10,729.73M 11,316.36M
Gross Profit 1,411.16M 1,472.44M 1,638.93M 1,912.42M 1,895.03M
Operating income 664.90M 662.68M 696.43M 812.56M 727.48M
Income before tax 680.97M 716.99M 779.36M 872.98M 752.86M
Net income 403.08M 463.07M 471.36M 517.85M 463.39M
EBITDA 1,664.75M 1,756.78M 1,879.26M 2,349.88M 2,563.23M
Diluted EPS 3.80 4.37 4.44 4.80 3.77
Dividends Per Share 0.92 1.02 1.11 1.25 1.30
Total Assets 32,126.73M 35,309.13M 36,920.20M 51,952.72M 50,704.95M
Total liabilities 28,493.75M 31,021.10M 32,182.64M 45,836.09M 44,475.52M
Total equity 3,191.63M 3,734.73M 3,869.32M 5,156.69M 5,182.59M
Operating cash flow 166.32M 482.97M 2.07M -588.79M 817.38M

Valuation Measures

Mar 2021
PER18.48
ROA0.87%
ROE8.70%
Operating margin6.42%
Profit margin4.09%

Key executives

  • President & Representative Director: Makoto Nogami
  • Executive Officer & Head-Finance: Takashi Yonetsu
  • Executive Vice President & Head-Specialty Sales I: Koichi Nakajima
  • Representative Director & Executive Vice President: Masataka Yukiya
  • Director & Executive Vice President: Akihiko Okada

Shareholders

  • ITOCHU Corp. (29.8%)
  • Chuo-Nittochi Group Co., Ltd. (13.9%)
  • Nippon Telegraph & Telephone Corp. (9.9%)
  • KSO Co., Ltd. (8.3%)
  • Mizuho Financial Group, Inc. (4.0%)
  • Seiwa Sogo Tatemono Co., Ltd. (3.2%)
  • Nippon Life Insurance Co. (1.8%)
  • Orient Corp. Pension Fund (1.5%)
  • Rheos Capital Works, Inc. (Investment Management) (1.3%)
  • Asset Management One Co., Ltd. (1.3%)

Contact Details

Related Companies

  • NTT Global Data Centers NAV2 Pvt Ltd.
  • TC Advanced Solutions Co., Ltd.
  • Tokyo Century Asia Pte Ltd.
  • TC Leasing Co., Ltd.
  • TC Realty Investments, Inc.
  • Shunan Power Corp.
  • TC Property Solutions Corp.
  • TC Tsukishima Energy Solution LLC
  • EnergyGate GK
  • 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.
  • Tokyo Century Factoring China Corp.
  • PT Century Tokyo Leasing Indonesia
  • PT TCT Indonesia
  • HTC Leasing Co., Ltd.
  • Century Tokyo Capital (Malaysia) Sdn. Bhd.
  • Century Tokyo Leasing (Singapore) Pte Ltd.
  • TC Agency Corp.
  • TC Business Experts Corp.
  • Try, Inc.
  • S.D.L. Co., Ltd.
  • TC Business Service Corp.
  • Century Tokyo Leasing (USA), Inc.

Competitors

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