Financial Performance
Our financial performance
With over 1,200 employees, £5bn of net earning assets, over 1.2 million customers across five business units and generating £116.4m profit before tax in 2017/18, Hitachi Capital (UK) PLC is one of the UK’s leading financial services companies.
Hitachi Capital (UK) PLC is a wholly owned subsidiary of Hitachi Capital Corporation, one of Japan’s largest non-bank financial institutions. Hitachi Capital Corporation is an affiliate of both Hitachi Ltd, a world leader for manufacturing and technology, and Mitsubishi UFJ Financial Group Inc.
Here you will find information about our financial performance, current and previous annual results, Hitachi Capital (UK) PLC news, as well annual reports and investor presentations to download.
Annual Report 2017/18
DownloadOur 2017/18 financial results
£116.4m profit in 2017/18
7.1% growth in profit 2017/18
£4.8bn net earning assets
£3.5bn volume of new business
You can find out more information about our financial performance in our latest Annual Report. Our financial performance and Key Performance Indicators for the past three financial years are as below:
| Year ending 31 March | |||
| 2018 | 2017 | 2016 | |
| Profit before tax (PBT) | £116.4m | £108.7m | £96.1m |
| PBT growth | 7.1% | 13.0% | 14.3% |
| New Business Volume | £3.5bn | £3.0bn | £2.5bn |
| Net Earning Assets | £4.8bn | £4.1bn | £3.8bn |
| Pre-tax Return on Net Earning Assets | 2.4% | 2.7% | 2.6% |
| Bad Debt ratio | 0.6% | 0.5% | 0.4% |
| Cost income ratio | 47.0% | 48.0% | 50.0% |
| Number of employees | 1,238 | 1,214 | 1,138 |
| Effective tax rate | 20.2% | 21.0% | 20% |
| Post-tax return on equity | 15.7% | 17.8% | 25.6% |
Further resources
News and media
Hitachi Capital (UK) PLC Appoints Chief Operating Officer
Oct 2018
Hitachi Capital (UK) PLC has appointed Jonathan Biggin as Chief Operating Officer (COO) to drive forward Group success and digital investment at the leading financial services provider.
Financial Results For Year Ended 31 March 2018
Aug 2018
Hitachi Capital (UK) PLC publishes its financial results for FY 17/18, announcing a significant rise in group profits and strong performance across its five key business units
Best Direct Personal Loan Provider For Fifth Year Running
Jul 2018
Hitachi Personal Finance won the title of Best Direct Personal Loan Provider at the 21st annual YourMoney.com Awards last night.
Hitachi Capital UK Makes Franchise Acquisition
Jun 2018
Hitachi Capital UK has strengthened its business offering with the acquisition of Franchise Finance Ltd, a specialist financial services provider to the franchising industry.