NEC Capital Solutions Ltd

Chart & Performance

D1W1MN

P/E

11.53

P/S

0.32

EPS

326.56

Div Yield, %

3.72%

Shrs. gr., 5y

—

Rev. gr., 5y

4.62%

Revenues

255.86b

-0.87%

Net income

7.03b

+9.60%

CFO

-21.34b

Dividend

Mar 28, 20250 JPY/sh

Profile

NEC Capital Solutions Limited provides financial services in Japan. It operates through Leasing and Installment Sales, Finance, RISA, and Other segments. The Leasing and Installment Sales segment engages in the leasing and rental of information and communication devices, office equipment, and industrial and construction machinery, as well as installment sales business. The Finance segment offers loans and factoring services, as well as invests in securities. The RISA segment operates in corporate and loan asset investment activities; and real estate, finance, and advisory service businesses. The Other segment engages in the sale of equipment and used equipment of off-leased or terminated leasing contracts, collection of maintenance service and arrangement of structured finance fees, investment for venture business, and generation, purchase, and sale of solar energy; healthcare related business; and provision of outsourcing services. The company also provides settlement, receivables management, and securitization and vendor financing services. It serves public offices, local governments, business corporations, and small and medium enterprises. The company was formerly known as NEC Leasing, Ltd. and changed its name to NEC Capital Solutions Limited in November 2008. NEC Capital Solutions Limited was incorporated in 1970 and is headquartered in Tokyo, Japan.

URL

https://www.necap.co.jp/

IPO date

Feb 10, 2005

Employees

866

Domiciled in

Incorporated in

Valuation

Order:

Title JPY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title JPY in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03	2015‑03
Income
Revenues	255,857,000 -0.87%	258,107,000 3.28%	249,907,000 12.95%
Cost of revenue	223,267,000	226,186,000	218,206,000
Unusual Expense (Income)
NOPBT	32,590,000	31,921,000	31,701,000
NOPBT Margin	12.74%	12.37%	12.69%
Operating Taxes	3,919,000	3,084,000	2,308,000
Tax Rate	12.03%	9.66%	7.28%
NOPAT	28,671,000	28,837,000	29,393,000
Net income	7,034,000 9.60%	6,418,000 -7.51%	6,939,000 68.50%
Dividends	(3,060,000)	(1,772,000)	(1,175,000)
Dividend yield	3.71%	3.26%	2.63%
Proceeds from repurchase of equity			(9,000)
BB yield			0.02%
Debt
Debt current	437,994,000	439,576,000	442,243,000
Long-term debt	478,732,000	415,786,000	393,815,000
Deferred revenue		169,000	203,000
Other long-term liabilities	15,743,000	14,882,000	17,139,000
Net debt	791,769,000	731,023,000	724,095,000
Cash flow
Cash from operating activities	(21,344,000)	29,000	46,815,000
CAPEX	(3,015,000)	(4,067,000)	(1,137,000)
Cash from investing activities	(8,313,000)	(9,581,000)	(501,000)
Cash from financing activities	49,343,000	7,875,000	(46,932,000)
FCF	(36,467,000)	17,962,000	57,497,000
Balance
Cash	79,695,000	58,357,000	58,894,000
Long term investments	45,262,000	65,982,000	53,069,000
Excess cash	112,164,150	111,433,650	99,467,650
Stockholders' equity	126,022,000	229,720,000	217,928,000
Invested Capital	957,091,850	887,554,350	875,403,350
ROIC	3.11%	3.27%	3.32%
ROCE	3.05%	3.20%	3.25%
EV
Common stock shares outstanding	21,533	21,528	21,526
Price	3,835.00 51.82%	2,526.00 21.68%	2,076.00 2.47%
Market cap	82,579,055 51.86%	54,379,728 21.69%	44,687,976 2.44%
EV	895,395,055	910,271,728	888,134,976
EBITDA	59,994,000	50,852,000	46,169,000
EV/EBITDA	14.92	17.90	19.24
Interest	490,000	25,000	22,000
Interest/NOPBT	1.50%	0.08%	0.07%