IR-FAQ
Important FAQ | Corporate Information | Financial Information | Stock Information
Important FAQ
Q1 |
Please give us an overview of your results for the 3rd quarter.
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A1 |
The AIFUL Group's consolidated operating revenue fell 28.7% year-on-year to 173,230 million yen in the first three quarters of the fiscal year. The primary contributing factors were a 33.9% year-on-year decrease in interest on loans to 136,405 million yen; a 8.9% increase in revenue from the credit card business to 13,631 million yen; a 11.4% decrease in revenue in the credit guarantee business to 5,399 million yen; a 31.3% decrease in money collected from purchased claims to 2,712 million yen; and a 64.3% jump in bad debt write-off recovery to 8,656 million yen.
Operating expenses rose 83.8% year-on-year to 428,784 million yen. This was primarily due to the transfer of 198,046 million yen to the reserve for losses on interest repayments and 145,732 million yen to the allowance for bad debts.
As a result, in the first three quarters the AIFUL Group posted a consolidated operating loss of 255,554 million yen and an ordinary loss of 254,708 million yen. The Group recorded a net loss of 283,816 million yen because of a 24,850 million yen extraordinary loss for the third quarter resulting from losses on the transfer of loans to subsidiaries related to the sale of the four consumer finance subsidiaries, and expenses related to business reorganization.
On a non-consolidated basis, AIFUL Corporation posted an operating loss of 238,725 million yen, an ordinary loss totaling 235,026 million yen, and a net loss for the first three quarters amounting to 264,687 million yen. For the details, please refer to here.
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Q2 |
Please give us an consolidated outlook for the FY2010.
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A2 |
Operating revenue for the full year is expected to decline 30.7% year-on-year to 216.5 billion yen. This is mainly due to the fall in interest income as a result of stricter credit screening and the sale of the four consumer credit subsidiaries on September 30, 2009. Operating expenses are expected to total 496.7 billion yen due to such factors as the 203.0 billion yen reserve for losses on interest repayments and a 176.2 billion yen allowance for bad debts. In addition, the AIFUL Group expects to record about 25.4 billion yen in extraordinary losses, including losses on the transfer of loans to subsidiaries related to the sale of the four consumer finance subsidiaries as well as expenses related to business reorganization. As a result, the company expects to record an operating loss of 280.2 billion yen and an ordinary loss of 279.3 billion with a net loss of 308.2 billion yen on a consolidated basis. For the details, please refer to here.
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Q3 |
Could you tell us detailed content of ADR Procedure?
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A3 |
Each of our Participating Creditors consented to adoption of our proposed business revitalization plan at the 3rd meeting on December 24,2009, and Business Revitalization Procedures were completed. For the details, please refer to here.
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