Financial Performance
Our financial performance
With over 1,400 employees, £5.9bn of net earning assets, over 1.4 million customers across five business units and generating £129.4m profit before tax in 2019/20, 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 2019/20
DOWNLOAD2018/19 Full Year Results video
Chief Executive Officer Robert Gordon discusses our 2018/19 Full Year Results, outlining how Hitachi Capital (UK) PLC is out-performing the FTSE 250, European expansion and how we've achieved 10 years of sustainable growth.
Our 2019/20 financial results
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:
£129.4m profit in 2019/20
5.1% growth in profit 2019/20
£5.9bn net earning assets
£4.0bn volume of new business
| Year ending 31 March | |||
| 2020 | 2019 | 2018 | |
| Profit before tax (PBT) | £129.4m | £123.1m | £116.4m |
| PBT growth | 5.1% | 5.8% | 7.1% |
| New Business Volume | £4.0bn | £4.0bn | £3.5bn |
| Net Earning Assets | £5.9bn | £5.6bn | £4.8bn |
| Pre-tax Return on Net Earning Assets | 2.2% | 2.2% | 2.4% |
| Bad Debt ratio | 0.8% | 0.7% | 0.6% |
| Cost income ratio | 46.3% | 47.4% | 47.0% |
| Number of employees | 1,425 | 1,365 | 1,238 |
| Effective tax rate | 20.4% | 19.0% | 20.2% |
| Post-tax return on equity | 14.4% | 15.7% | 15.7% |
Further resources
News and media
Financial Results For Year Ended 31 March 2020
Jun 2020
Hitachi Capital (UK) PLC today announces its latest set of financial results that demonstrates significant growth for the eleventh consecutive year.
Hitachi Capital UK And GRIDSERVE Join Forces To Accelerate Sustainable Energy And Electric Vehicle Charging Revolution
Apr 2020
Hitachi Capital (UK) PLC and GRIDSERVE Sustainable Energy Ltd today announce a partnership which aims to revolutionise the UK’s approach to solar energy and create the infrastructure to accelerate the adoption of electric vehicles.
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.