Financial Highlight

Financial Results for the Second Quarter of fiscal year ending March 2022.

Operating revenue
64.8 billion yen (up 2.2% year on year)
Ordinary profit
9.8 billion yen (down 5.0% year on year)
Profit attributable to owners of parent
10.0 billion yen (up 2.3% year on year)

Operating Revenue

64.8 billion yen (up 2.2% year on year)

An increase of 64.8 billion yen, up 2.2% year on year, mainly due to an increase in revenue from credit guarantee and recoveries of written off claims included in other operating revenue.

Ordinary Profit

9.8 billion yen (down 5.0% year on year)

Operating income rose 5.9% year on year to 9.9 billion due to a decrease in bad debt expenses and other expenses, despite an increase in advertising-related expenses. As a result, ordinary profit was 9.8 billion yen, down 5.0% year on year.

Profit Attributable to Owners of Parent

10.0 billion yen (up 2.3% year on year)

As a result of recording a profit attributable to non-controlling interests of 0.1 billion yen, profit attributable to owners of parent was 10 billion yen.

Total assets
863.3 billion yen (up 0.3% year on year)
Net assets
147.6 billion yen (up 14.6% year on year)

Total Assets

863.3 billion yen (up 0.3% year on year)

Mainly due to an increase in outstanding of credit guarantee and lease and guarantee deposits, total assets increased 0.3% year on year to 863.3 billion yen.

Net Assets

147.6 billion yen (up 14.6% year on year)

Net assets rose 14.6% year on year to 147.6 billion yen mainly due to an increase in retained earnings.

ROA
2.2%(up 2.0pt year on year)
ROE
13.6%(up 12.5pt year on year)

ROA

2.2% (up 2.0pt year on year)

As of March 31, 2021, total assets increased 0.3% year on year to 863.3 billion yen, which was primarily attributable to an increase in outstanding of credit guarantee and lease and guarantee deposits. Ordinary profit increased 17.5 billion yen year on year to 19.3 billion yen, mainly due to a decrease in advertising cost, loans outstanding, and financial expenses reflecting a decline in consumption activity. As a result, return on assets (ROA) was 2.2%.

ROE

13.6% (up 12.5pt year on year)

Profit attributable to owners of parent and net assets were 18.4 billion yen and 147.6 billion yen, respectively, as of March 31, 2021. As a result, return on equity (ROE) was 13.6%.

Trend of Selected Financial Data

18/3 19/3 20/3 21/3
Operating revenue(Millions of yen) 115,389 115,328 127,038 127,481
Ordinary profit(Millions of yen) 2,823 4,110 1,716 19,305
Profit attributable to owners of parent(Millions of yen) 3,958 9,346 1,390 18,437
Total assets(Millions of yen) 682,645 760,587 860,507 863,354
Net assets(Millions of yen) 119,407 128,016 128,931 147,692
EPS(Yen) 8.18 19.32 2.88 38.12
BPS(Yen) 236.13 256.45 260.53 300.92
Funding rate(%) 1.87 1.64 1.45 1.38
Equity ratio(%) 16.7 16.3 14.6 16.9
ROA(%) 0.4 0.6 0.2 2.2
ROE(%) 3.5 7.8 1.1 13.6