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Financial results for the year ended 31 March 2017

Hitachi Capital (UK) PLC

Financial results for the year ended 31 March 2017

Hitachi Capital (UK) PLC (HCUK or “Group”) is a leading financial services company with over 35 years’ experience in providing innovative finance solutions to enable consumers and businesses to grow and prosper. We are a wholly owned subsidiary of Hitachi Capital Corporation, one of Japan’s largest non-bank financial institutions and an affiliate of Hitachi Limited, recognised as a world leader for manufacturing and technology.

KPIs 2017 2016
Profit before Tax £108.7m  £96.1m
Pre-Tax Return on Net Earning Assets 2.70% 2.60%
Bad Debt Ratio 0.50% 0.40%
New Business Volume £3bn £2.5bn
Cost income Ratio 48% 50%
Net Earning Assets £4.1b £3.8b
Number of Employees 1,214 1,138

Divisional Highlights

Consumer Finance

Hitachi Capital Consumer Finance is the UK’s leading retail point of sale finance provider and also has a significant presence in both the motor finance and personal loans sectors, serving over 1.1 million UK customers with £2 billion of consumer lending during the year ended 31 March 2017. The business has over 30 years of experience and works with some of the leading brands on the high street. It has been an active partner for retailers in the UK, providing sales support consistently through economic cycles by increasing lending year on year for the last nine years.

Vehicle Solutions

Hitachi Capital Vehicle Solutions has more than 25 years of experience of providing bespoke vehicle funding and fleet management services for business car leasing and specialist commercial vehicles as well as personal contract hire. Offering a variety of financing options including contract hire, contract purchase, finance and operating leasing, Hitachi Capital Vehicle Solutions also provides advice regarding health and safety and fleet environmental impact.  Hitachi Capital Polska was acquired by the Group in April 2014 offering a variety of financing options and additional services for business car leasing in the Polish market.

Business Finance

Hitachi Capital Business Finance is a leading provider of business asset finance in sectors including transport, agriculture, construction, manufacturing, materials handling and financial services providers. Working through finance brokers and with manufacturers directly, our products include hire purchase, operating lease, finance lease, block discounting, stock finance and syndication services. Hitachi Capital arranges, provides and guarantees funding for a variety of Hitachi Ltd products and services in markets throughout Europe. These facilities are arranged through strategic local partners or provided directly by HCUK.

Invoice Finance

Hitachi Capital Invoice Finance provides cash flow solutions to over 600 clients across a wide range of sectors in the UK and places great emphasis on outstanding service to UK SMEs as well as transparent and simple pricing.

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