Financial Highlight
Financial Results for the Second Quarter of fiscal year ending March 2024.
- Operating revenue
- 79.0 billion yen (up 12.3％ year on year)
- Ordinary profit
- 7.2 billion yen (down 43.0% year on year)
- Profit attributable to owners of parent
- 6.6 billion yen (down 43.9％ year on year)
Operating Revenue
79.0 billion yen (up 12.3％ year on year)
Increased 12.3% year-on-year to 79.0 billion yen due to an increase in interest on operating loan and revenue from installment receivable.
Ordinary Profit
7.2 billion yen (down 43.0% year on year)
While operating revenue increased year on year, operating expenses rose mainly due to increase in credit costs and operating profit decreased 45.7% year on year to 6.5 billion yen. As a result of recording non-operating income of 700 million yen, ordinary profit decreased by 43.0% year on year to 7.2 billion yen.
Profit Attributable to Owners of Parent
6.6 billion yen (down 43.9％ year on year)
As a result of recording an income taxes-deferred of -600 million yen and a profit attributable to non-controlling interests of 100 million yen while income taxes-current of 1.1 billion yen was posted due to an increase in taxable income, profit attributable to owners of parent was 6.6 billion yen, down 43.9% year on year.
- Total assets
- 1,070.4 billion yen (up 14.4% year on year)
- Net assets
- 179.5 billion yen (up 14.7% year on year)
Total Assets
1,070.4billion yen (up 14.4% year on year)
Mainly due to an increase in total receivable outstanding, total assets increased 14.4% year on year to 1,070.4 billion yen.
Net Assets
179.5 billion yen (up 14.7% year on year)
Net assets rose 14.7% year on year to 179.5 billion yen mainly due to an increase in retained earnings.
- ROA
- 2.4% (up 1.0pt year on year)
- ROE
- 13.5% (up 5.3pt year on year)
ROA
2.4% (up 1.0pt year on year)
As of March 31, 2023, total assets increased 14.4% to 1,070.4 billion yen mainly due to an increase in total receivable outstanding. Ordinary profit rose 99.2% year on year to 24.4 billion yen, resulting in a return on assets of 2.4%.
ROE
13.5% (up 5.3pt year on year)
Profit attributable to owners of parent and net assets were 22.3 billion yen and 179.5 billion yen, respectively, as of March 31, 2023. As a result, return on equity (ROE) was 13.5%.
Trend of Selected Financial Data
| 19/3 | 20/3 | 21/3 | 22/3 | 23/3 | |
|---|---|---|---|---|---|
| Operating revenue(Millions of yen) | 115,328 | 127,038 | 127,481 | 132,097 | 144,152 |
| Ordinary profit(Millions of yen) | 4,110 | 1,716 | 19,305 | 12,265 | 24,428 |
| Profit attributable to owners of parent(Millions of yen) | 9,346 | 1,390 | 18,437 | 12,334 | 22,343 |
| Total assets(Millions of yen) | 760,587 | 860,507 | 863,354 | 935,642 | 1,070,485 |
| Net assets(Millions of yen) | 128,016 | 128,931 | 147,692 | 156,526 | 179,593 |
| EPS(Yen) | 19.32 | 2.88 | 38.12 | 25.50 | 46.19 |
| BPS(Yen) | 256.45 | 260.53 | 300.92 | 318.17 | 364.01 |
| Funding rate(%) | 1.64 | 1.45 | 1.38 | 1.22 | 1.11 |
| Equity ratio(%) | 16.3 | 14.6 | 16.9 | 16.4 | 16.4 |
| ROA(%) | 0.6 | 0.2 | 2.2 | 1.4 | 2.4 |
| ROE(%) | 7.8 | 1.1 | 13.6 | 8.2 | 13.5 |
