Mizuho Leasing Company, Limited (TYO: 8425)

Mizuho Leasing Company Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	682,746	656,127	529,700	554,809	497,852	539,241
Revenue Growth (YoY)	19.22%	23.87%	-4.53%	11.44%	-7.68%	40.10%
Cost of Revenue	601,757	582,506	468,333	500,274	446,505	488,722
Gross Profit	80,989	73,621	61,367	54,535	51,347	50,519
Selling, General & Admin	33,899	31,845	28,962	28,906	25,307	24,694
Other Operating Expenses	-	-	-5	5	-2	-16
Operating Expenses	36,163	34,109	29,610	36,640	25,383	24,243
Operating Income	44,826	39,512	31,757	17,895	25,964	26,276
Interest Expense	-3,946	-3,346	-2,012	-1,399	-1,409	-968
Interest & Investment Income	864	2,169	533	843	432	510
Earnings From Equity Investments	17,211	10,482	9,718	2,035	2,961	816
Currency Exchange Gain (Loss)	-415	-415	-	-	-	-
Other Non Operating Income (Expenses)	1,396	2,494	112	688	-408	79
EBT Excluding Unusual Items	59,936	50,896	40,108	20,062	27,540	26,713
Gain (Loss) on Sale of Investments	214	183	-64	164	4,013	145
Asset Writedown	-	-	-9	-	-	-322
Other Unusual Items	-	-	-	-	9	-
Pretax Income	60,150	51,079	40,035	20,226	31,562	26,536
Income Tax Expense	14,539	13,976	10,587	4,686	9,086	8,450
Earnings From Continuing Operations	45,611	37,103	29,448	15,540	22,476	18,086
Minority Interest in Earnings	-2,690	-1,883	-1,050	-638	-704	-574
Net Income	42,921	35,220	28,398	14,902	21,772	17,512
Net Income to Common	42,921	35,220	28,398	14,902	21,772	17,512
Net Income Growth	39.77%	24.02%	90.57%	-31.55%	24.33%	5.53%
Shares Outstanding (Basic)	254	243	242	242	242	243
Shares Outstanding (Diluted)	254	243	242	242	242	243
Shares Change (YoY)	4.70%	0.33%	0.05%	0.01%	-0.44%	13.78%
EPS (Basic)	169.22	145.06	117.35	61.61	90.02	72.09
EPS (Diluted)	169.22	145.06	117.35	61.61	90.02	72.09
EPS Growth	33.50%	23.62%	90.47%	-31.56%	24.87%	-7.25%
Free Cash Flow	-306,992	-195,778	-119,629	-70,826	-200,015	-72,162
Free Cash Flow Per Share	-1210.33	-806.37	-494.33	-292.82	-827.04	-297.08
Dividend Per Share	38.400	38.400	29.400	22.000	18.400	16.000
Dividend Growth	134.15%	30.61%	33.64%	19.57%	15.00%	2.56%
Gross Margin	11.86%	11.22%	11.59%	9.83%	10.31%	9.37%
Operating Margin	6.57%	6.02%	6.00%	3.23%	5.22%	4.87%
Profit Margin	6.29%	5.37%	5.36%	2.69%	4.37%	3.25%
Free Cash Flow Margin	-44.96%	-29.84%	-22.58%	-12.77%	-40.18%	-13.38%
EBITDA	64,284	57,961	48,974	35,097	41,760	41,383
EBITDA Margin	9.42%	8.83%	9.25%	6.33%	8.39%	7.67%
D&A For EBITDA	19,458	18,449	17,217	17,202	15,796	15,107
EBIT	44,826	39,512	31,757	17,895	25,964	26,276
EBIT Margin	6.57%	6.02%	6.00%	3.23%	5.22%	4.87%
Effective Tax Rate	24.17%	27.36%	26.44%	23.17%	28.79%	31.84%

Source: S&P Capital IQ. Standard template. Financial Sources.