Greetings from President

We would like to express our sincere gratitude for your continuous patronage to the Group.

For fiscal year ended March 2023, receivables outstanding, on a consolidated basis, increased by 4.9% year-on-year to 2,354.5 billion yen owing the economic recovery as COVID-19 infection began to converge, the success of attracting new customers in the domestic business and the impact of depreciation of the yen.

In the loan and credit card business, we worked on improving service functions and enhancing customer convenience by support for smartphone payment and improvement of application form. In the guarantee business, we strove to attract new customers of our partner companies through joint advertisements in which common advertising materials are used by our multiple partner companies. Moreover, we entered into business alliance with LINE Credit Corporation in March 2023 and new alliance with a company except for financial institutions has been achieved. In the overseas financial business, EASY BUY Public Company Limited in the Kingdom of Thailand, which accounts for most of business scale in its business, strengthened its services by using mobile apps for purposes such as the issuance of virtual cards. In Malaysia, a newly expanded country, we have been working on preparation for starting operation in the fiscal year ending March 2024.

Consolidated operating revenue increased by 4.4% year-on-year to 273.7 billion yen, and operating profit increased by 151.0% year-on-year to 87.2 billion yen. On the other hand, profit attributable to owners of the parent fell by 1.4% year-on-year to 54.9 billion yen as a result of an increase in income taxes-deferred.

Our basic policy is to “increase shareholder returns based on high profitability and appropriate capital adequacy,” and as a result of consideration of the current financial situation and full-year business performance, we expect to pay an interim dividend of 5 yen and a year-end dividend of 5 yen, for a total annual dividend of 10 yen as initially planned.

For the fiscal year ending March 2024, we expect to pay an interim dividend of 6 yen and a year-end dividend of 6 yen, for a total annual dividend increase of 12 yen.

In the fiscal year ending March 2025, the final year of the mid-term management plan, the ACOM Group aims to achieve a total receivable outstanding of 2.5 trillion yen, operating revenue of 288.0 billion yen, and operating profit of 97.1 billion yen. The Group aims to achieve an equity ratio of approximately 25%, including the balance of guarantees receivables in total consolidated assets, a dividend payout ratio of approximately 35%, and ROE of approximately 10%.

In order to meet the expectations of our shareholders, we will continue to work closely with the MUFG Group to maximize our corporate value through sustainable growth and to become a corporate group that contributes broadly to society under our basic policies on sustainability.

I humbly ask for your ongoing support as we embrace the challenges for the future.