Highlights-Financial Indicators

Consolidated operating revenue for the nine months ended December 31, 2023, increased to 218,986 million yen (up 7.3% year-on-year). This is attributable to: the increases in interest on operating loans due to an increase in accounts receivable - operating loans and the impact of depreciation of the yen. Operating expenses also increased to 152,118 million yen (up 14.0% year-on-year) due to an increase in provision for bad debts associated with the expansion of business scale and an increase in advertising expenses associated with strengthening attracting new customers. As a result, operating profit decreased to 66,867 million yen (down 5.3% year-on-year).
Ordinary profit also decreased to 67,013 million yen (down 5.3% year-on-year). Profit attributable to owners of parent decreased to 41,717 million yen (down 5.9% year-on-year).

The Company has set the outlook for the fiscal year ending March 2024. Its quantitative outlook of combined receivables from loan and credit card business and guarantee business is 2 trillion and 223.4 billion yen. The outlook of receivable of loan and credit card business is 954.6 billion yen, and receivable of guarantee business is 1 trillion and 268.8 billion yen in the domestic domain. As for the overseas domain, the Company aims to attain loans receivable of 56.8 billion THB for EASY BUY Public Company Limited in the Kingdom of Thailand and 1.1 billion PHP for ACOM CONSUMER FINANCE CORPORATION in Republic of the Philippines.

With regard to quantitative targets, the Group forecasts consolidated operating revenue of 284.3 billion yen, ordinary profit of 90.6 billion yen and profit attributable to owners of parent of 57.9 billion yen.

Outlook above is forecast based on information available at the date of announcement of financial results for the fiscal year ended March 2023(May 11, 2023). However, there are some potential risk factors in the Group’s business management. Therefore, the actual results may differ significantly.

The trend of requests for interest repayment is also highly uncertain, due to its sensitivity to changes in external environmental changes. The Group may have to make additional provision for loss on interest repayment.

Actual results may differ from forecast values due to various risk factors, not limited to those mentioned above.

The trend for past 11 years is available in PDF and excel format.