Financial performance and reporting
With over 2,300 employees, £8.6bn of net earning assets, over 1.3 million customers across our business units and generating £120.6m profit before tax in 2024/25, Mitsubishi HC Capital UK PLC is one of the UK’s leading financial services companies.
From 1 April 2021 we became a wholly owned subsidiary of Mitsubishi HC Capital Inc., strengthening our relationship with one of the world's largest and most diverse financial groups.
Here you will find a three year summary of our financial performance, (including Key Performance Indicators under our previous trading name Hitachi Capital (UK) PLC).
Our 2024/25 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:
Key Highlights
£120.6m profit in 2024/25
£8.6bn net earning assets
£4.65bn volume of new business
| Year ending March 31 | 2025 | 2024 | 2023 |
| Profit before tax (PBT) | £120.6m | £133.4m | £160.8m |
| PBT growth | (9.60%) | (21.64%) | 24% |
| New Business Volume | £4.65bn | £4.4bn | £4.5bn |
| Net Earning Assets | £8.6bn | £8.2bn | £7.6bn |
| Pre-tax Return on APE | 1.45% | 1.71% | 2.2% |
| Bad debt charge as a percentage of total assets | 0.32% | 0.30% | 0.26% |
| Admin costs / Gross profit ratio | 60.85% | 59.56% | 61.3% |
| Number of employees | 2,300 | 2,250 | 2,200 |
| Effective tax rate | 26.12% | 24.29% | 25.5% |
| Post-tax return on equity | 8.26% | 9.42% | 11.1% |
The figures above represent continuing operations. The prior year comparatives have been re-presented to exclude discontinued operations. The loss after tax on discontinued operations was £10.3m (2024: £8.4m).