Financial Highlight
For information about the Medium-term Management Plan 2024, please see here.
Consolidated Financial Results for the First Quarter of fiscal year ending March 2025.
- Operating revenue
- 44.6 billion yen (up 15.4％ year on year)
- Ordinary profit
- 3.9 billion yen (up 14.5% year on year)
- Profit attributable to owners of parent
- 3.7 billion yen (up 25.4％ year on year)
Operating Revenue
44.6 billion yen (up 15.4％ year on year)
Increased 15.4% year-on-year to 44.6 billion yen due to an increase in interest on operating loan and revenue from installment receivable.
Ordinary Profit
3.9 billion yen (up 14.5% year on year)
While operating revenue increased 15.4% year on year, operating expenses increased 14.9% year on year, resulting in a 21.3% year on year increase in operating profit to 3.7 billion yen. With non-operating income of 100 million yen, ordinary profit rose 14.5% year on year to 3.9 billion yen.
Profit Attributable to Owners of Parent
3.7 billion yen (up 25.4％ year on year)
As a result of recording a loss attributable to non-controlling interests of 0.2 billion yen, profit attributable to owners of parent was 3.7 billion yen, up 25.4% year on year.
- Total assets
- 1,266.3 billion yen (up 18.3% year on year)
- Net assets
- 201.4 billion yen (up 12.1% year on year)
Total Assets
1,266.3 billion yen (up 18.3% year on year)
Mainly due to an increase in total receivable outstanding, total assets increased 18.3% year on year to 1,266.3 billion yen.
Net Assets
201.4 billion yen (up 12.1% year on year)
Net assets rose 12.1% year on year to 201.4 billion yen mainly due to an increase in retained earnings.
- ROA
- 1.9% (down 0.5pt year on year)
- ROE
- 11.7% (down 1.8pt year on year)
ROA
1.9% (down 0.5pt year on year)
As of March 31, 2024, total assets increased 18.3% to 1,266.3 billion yen mainly due to a decrease in
total receivable outstanding. Ordinary profit rose 9.7% year on year to 22.0 billion yen, resulting in a
return on assets of 1.9%.
Under the medium-term management plan, ROA is expected to reach 2.5% in FY
ending March 2027, as profit margins improve due to growth in core businesses and an increase in group
assets through M&A, and efficiency and cost structure reforms through the utilization of IT.
ROE and Real ROE
11.7% (down 1.8pt year on year)
Profit attributable to owners of parent and net assets were 21.8 billion yen and
201.4 billion yen, respectively, as of March 31, 2024. As a result, return on equity (ROE) was 11.7%.
The real ROE* was 8.8%.
Under the medium-term management plan, we expect to achieve ROE of 12.6% and
real ROE of 11.4% in FY ending March 2027, as profit margins improve due to growth in core businesses
and an increase in group assets through M&A, and efficiency and cost structure reforms through the
utilization of IT.
*Due to recording tax losses in the past, the tax amount and tax adjustments have
not been stable. Therefore, we are demonstrating Real ROE using the effective tax rate of 30% borne by
typical corporations.
Trend of Selected Financial Data
| 20/3 | 21/3 | 22/3 | 23/3 | 24/3 | 25/3(E) | |
|---|---|---|---|---|---|---|
| Operating revenue(Millions of yen) | 127,038 | 127,481 | 132,097 | 144,152 | 163,109 | 180,200 |
| Ordinary profit(Millions of yen) | 1,716 | 19,305 | 12,265 | 24,428 | 22,067 | 24,000 |
| Profit attributable to owners of parent(Millions of yen) | 1,390 | 18,437 | 12,334 | 22,343 | 21,818 | 21,600 |
| Total assets(Millions of yen) | 860,507 | 863,354 | 935,642 | 1,070,485 | 1,266,374 | 1,443,200 |
| Net assets(Millions of yen) | 128,931 | 147,692 | 156,526 | 179,593 | 201,412 | 222,700 |
| EPS(Yen) | 2.88 | 38.12 | 25.50 | 46.19 | 45.08 | 44.64 |
| BPS(Yen) | 260.53 | 300.92 | 318.17 | 364.01 | 409.02 | 453.87 |
| Funding rate(%) | 1.45 | 1.38 | 1.22 | 1.11 | 1.10 | - |
| Equity ratio(%) | 14.6 | 16.9 | 16.4 | 16.4 | 15.6 | 15.2 |
| ROA(%) | 0.2 | 2.2 | 1.4 | 2.4 | 1.9 | 1.8 |
| ROE(%) | 1.1 | 13.6 | 8.2 | 13.5 | 11.7 | 10.3 |
