Financial Highlight

Financial Results for year ended March 2021.

Operating revenue
127.4 billion yen (up 0.3% year on year)
Ordinary profit
19.3 billion yen (Ordinary iprofit 1.7 billion yen in the previous fiscal year)
Profit attributable to owners of parent
18.4 billion yen (Profit attributable to owners of parent 1.3 billion yen in the previous fiscal year)

Operating Revenue

127.4 billion yen (up 0.3% year on year)

Increased 0.3% year on year to 127.4 billion yen despite the sluggish growth in operating assets attributable to the outbreak of COVID-19.

Ordinary Profit

19.3billion yen (Ordinary profit 1.7 billion yen in the previous fiscal year)

Operating profit was 17.5 billion yen, mainly due to a decrease in advertising cost, loans outstanding, and financial expenses reflecting a decline in consumption activity. As a result, ordinary profit was 19.3 billion (Ordinary profit 1.7 billion yen in the previous fiscal year).

Profit Attributable to Owners of Parent

18.4 billion yen (Profit attributable to owners of parent 1.3 billion yen in the previous fiscal year)

As a result of recording a loss attributable to non-controlling interests of 642 million yen, profit attributable to owners of parent was 18.4 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