IX FY 2016 Earnings Report — ORIX Corporation Revenue & Financial Results | Market Cap Arena

ORIX CorporationIX

FY 2016 Earnings

Reported March 30, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$14.9B	—	$13.6B	—	9.0%
Op. Income	$1.8B	—	$1.6B	—	12.0%
Gross Margin	34.5%	—	38.8%	—	-4.3pp
Net Margin	11.0%	—	10.8%	—	0.2pp
EPS (Diluted)	$1.25	—	$1.12	—	10.9%
Free Cash Flow	-$321M	—	-$7.3B	—	95.6%

Revenue Flow

Item	Amount
REVENUE	$14.9B
Cost of Revenue	$9.7B
GROSS PROFIT	$5.1B
R&D Expenses	$0
Selling & Marketing	$133M
General & Administrative	$2.7B
SG&A Expenses	$2.8B
Other Expenses	$542M
Operating Expenses	$3.3B
Cost & Expenses	$13.0B
OPERATING INCOME	$1.8B
Interest Income	$1.3B
Interest Expense	$457M
Other Income/Expenses	$649M
INCOME BEFORE TAX	$2.5B
Income Tax Expense	$755M
Net Income from Continuing Ops	$1.7B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.6B
D&A	$1.5B
EBIT	$2.4B
EBITDA	$3.9B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$14.9B
Cost of Revenue	$9.7B
GROSS PROFIT	$5.1B
R&D Expenses	$0
Selling & Marketing	$133M
General & Administrative	$2.7B
SG&A Expenses	$2.8B
Other Expenses	$542M
Operating Expenses	$3.3B
Cost & Expenses	$13.0B
OPERATING INCOME	$1.8B
Interest Income	$1.3B
Interest Expense	$457M
Other Income/Expenses	$649M
INCOME BEFORE TAX	$2.5B
Income Tax Expense	$755M
Net Income from Continuing Ops	$1.7B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.6B
D&A	$1.5B
EBIT	$2.4B
EBITDA	$3.9B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.6B
Depreciation & Amortization	$1.5B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$562M
Change in Working Capital	-$2.4B
OPERATING CASH FLOW	$252M
Capital Expenditure	-$574M
Acquisitions (Net)	-$79M
Purchases of Investments	-$12.3B
Sales/Maturities of Investments	$10.5B
Other Investing Activities	-$1.0B
NET CASH FROM INVESTING	-$3.5B
Net Debt Issuance	-$391M
Common Stock Repurchased	-$12.5K
Common Dividends Paid	-$477M
Other Financing Activities	$597M
NET CASH FROM FINANCING	-$271M
FREE CASH FLOW	-$321M
Net Change in Cash	-$638M

Balance Sheet

Item	Amount
Cash & Equivalents	$4.6B
Short-Term Investments	$0
Net Receivables	$25.3B
Inventory	$878M
Other Current Assets	$956M
TOTAL CURRENT ASSETS	$36.3B
PP&E (Net)	$2.8B
Goodwill	$2.1B
Intangible Assets	$2.5B
Long-Term Investments	$13.5B
Tax Assets	$0
Other Non-Current Assets	$11.7B
TOTAL NON-CURRENT ASSETS	$32.6B
TOTAL ASSETS	$68.9B
Account Payables	$1.7B
Short-Term Debt	$2.2B
Deferred Revenue	$0
Other Current Liabilities	$197M
TOTAL CURRENT LIABILITIES	$4.1B
Long-Term Debt	$24.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$24.6B
TOTAL NON-CURRENT LIABILITIES	$49.3B
TOTAL LIABILITIES	$53.4B
Common Stock	$1.4B
Additional Paid-In Capital	$1.6B
Retained Earnings	$11.7B
Treasury Stock	-$161M
Accum. Other Comp. Income	-$39M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$14.5B
Minority Interest	$1.1B
TOTAL EQUITY	$15.6B
TOTAL LIABILITIES & EQUITY	$69.0B
Total Debt	$26.9B
Net Debt	$22.3B