Hitachi Capital : Consolidated Financial Results Summary for the Third Quarter ended December 31, 2020

Consolidated Financial Results Summary

for the Third Quarter ended December 31, 2020

February 5, 2021

© Hitachi Capital Corporation 2021. All rights reserved.

Contents

1. Summary of Consolidated Financial Results for the Third Quarter of FY2020
2. Quarterly trends in main items
3. Summary of Performance by Business
4. Consolidated Financial Forecast for FY2020

© Hitachi Capital Corporation 2021. All rights reserved.

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1-1. The highlights of Consolidated Financial Results for the Third Quarter of FY2020

Main financial results achieved initial forecasts

Volume of

business

SG & A

Profit before tax

Forecast

for FY2020

〈Main points〉

• Volume of business recovered more than expected mainly in Global business.
• Bad debt-related expenses were restrained by maintaining high quality assets.
• Cost reduction based on New Normal was thoroughly executed.
• In Japan, key businesses performed greatly and drove the result.
• Business structural reform in The Americas and China was successful.
• Businesses/results recovered more than expected.
• Although preparation cost of business integration, etc. is expected, the forecast remains unchanged.

Initial forecast

• comparison 〉

110%

96%

117%

© Hitachi Capital Corporation 2021. All rights reserved.

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1-2. Profit before tax of the Third Quarter of FY2020 (Year on Year)

• Business expansion in Japan and Global progressed favorably.
• The business expansion covered preparation cost of business integration with Mitsubishi UFJ Lease & Finance Company Limited and the COVID-19 impact, therefore profit before tax recovered to the previous year level.

(Billions of yen)

	Preparation
	cost of	Y on Y:97%
	business
Business	integration	COVID-19
▲
expansion	1.7	impact
etc.
	▲6.1
+6.8
31.2		30.2

FY2019/3Q	FY2020/3Q
Result	Result

© Hitachi Capital Corporation 2021. All rights reserved.

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