Acom Co., Ltd. · TSE:8572
Acom — Q1 FY2010 Earnings Presentation
17 slides from Acom's earnings presentation, Jul 30, 2009
Slide 1: The First Quarter Financial Results for Fiscal Year Ending March 2010
The First Quarter Financial Results for Fiscal Year Ending March 2010 ACOM CO., LTD. http://www.acom.co.jp/ir/english July 30, 2009
Slide 2: Reorganization of the ACOM Group
Reorganization of the ACOM Group ◆ Consolidated Subsidiaries: 9 Equity-method Affiliate: 1 Investment Partnerships: 5 (as of the end of June 2009) ACOM ACOM Group Group (Extract) (Extract) Loan Credit Card ACOM CO., LTD. *1 Guarantee IR Loan Servicing, Inc. Domestic Consolidated Subsidiaries Loan Se
Slide 3: Summary of First Quarter Financial Results
Summary of First Quarter Financial Results (Millions of yen and %) Consolidated Non-consolidated 2010/3 2010/3 Results yoy* Results yoy* (Forecast) (Forecast) Operating Revenue 70,573 -17.4 260,400 60,777 -12.3 221,700 Loan Business 62,749 -14.5 228,100 55,507 -12.3 202,300 Credit Card Business 1,05
Slide 4: Analysis of Income Decrease (ACOM)
Analysis of Income Decrease (ACOM) Primary Factors: Decrease in revenue Increase in provision of allowance for doubtful accounts The first quarter for FY Mach 2009 Operating income (ACOM): 24,361 million yen The Thefirst firstquarter quarterfor forFY FYMarch March2010 2010 Operating Income (ACOM) O
Slide 5: Loan Business
Loan Business (Millions of yen / baht and %) yoy ytd 2010/3 Results (%) (%) (Forecast) Receivables Outstanding 1,212,596 -5.2 3.5 1,116,300 ACOM No. of Customer Accounts 2,254,285 -2.4 5.6 2,062,100 No. of New Loan Customers 46,576 0.0 - 169,000 Operating Revenue 57,214 -12.1 - 207,500 Yen 63,640 0.
Slide 6: Trend of Receivables Outstanding and No. of Customer Accounts of Loan Business (ACOM)
Trend of Receivables Outstanding and No. of Customer Accounts of Loan Business (ACOM) ◆Unsecured Loan for Consumers (Millions of yen) 1,600,000 4,000,000 1,446,117 Absorbed Absorbed Loan Loan 1,398,806 Business Business of DC of DC 1,362,440 3,500,000 1,313,956 1,277,879 Cash One Cash One 1,240,604
Slide 7: Trend of Lending Ratio, Applications, and New Loan Customers by Quarter (ACOM)
Trend of Lending Ratio, No. of Applications, and No. of New Loan Customers of Loan Business by Quarter (ACOM) ◆Unsecured Loans for Consumers 140,000 70.0% No. No. of of Applications* Applications* (Left (Left axis) axis) 120,000 60.0% 100,000 Lending Ratio** Lending Ratio 50.0% 48.0% (Right (Right a
Slide 8: Trend of Loans Receivable Outstanding by Interest Rate and Average Loan Yield (ACOM)
Trend of Loans Receivable Outstanding by Interest Rate and Average Loan Yield (ACOM) ◆Unsecured Loan for Consumers (Outstanding Basis) (Millions of yen and %) 2008/6 2008/9 2008/12 2009/3 2009/6 2010/3 C.R. C.R. C.R. C.R. C.R. (Forecast) C.R. Loans Receivable 1,240,604 100.0 1,204,214 100.0 1,166,25
Slide 9: Provision for Loss on Interest Repayment and Allowance for Doubtful Accounts (ACOM)
Provision for Loss on Interest Repayment and Provision of Allowance for Doubtful Accounts (ACOM) ◆Provision for Loss on Interest Repayment (Millions of yen) 2009/3 2010/3 2010/3 1Q 2Q 3Q 4Q Total 1Q (Forecast) Provision for Loss on Interest Repayment - 19,590 17,373 15,194 52,157 738 - Interest Repa
Slide 10: Trend of No. of Requests for Interest Repayment and Interest Repayment (ACOM)
Trend of No. of Requests for Interest Repayment and Interest Repayment (Cash Out) (ACOM) ◆ No. of Requests for Interest Repayment* and Interest Repayment (Cash Out Basis) by Month 20,000 18,000 16,500 18,000 No. 16,000 No. of of Requests Requests for for 14,300 16,000 Interest Repayment* Interest Re
Slide 11: Non-performing Loans (ACOM)
Non-performing Loans (ACOM) ◆ Changes in Non-performing Loans and Composition Ratio to Loans Receivable Outstanding ytd: 150,000 yoy: 2,595 million yen (2.2%) 12.0% 141,307 -4,097 million yen (-3.3%) 138,128 132,080 126,421 124,767 122,824 11.0% 120,000 116,628 115,012 116,132 118,727 Loans Loans to
Slide 12: Composition Ratio of Loans Receivable Outstanding by Number of Other Lenders (ACOM)
Trend of Composition Ratio of Loans Receivable Outstanding by Number of Other Lenders (ACOM) ◆Unsecured Loan for Consumers ◆Unsecured Loan for Consumers (New Loan, No. of Accounts Basis) (Existing Loan, Outstanding Basis) 100% 1.5 100% 3.1 3.9 4.1 3.7 5.3 5.4 5.1 4.7 14.5 13.3 11.5 9.4 10.5 17.4 16.
Slide 13: Guarantee and Loan Servicing Businesses
Guarantee and Loan Servicing Businesses (Millions of yen and %) yoy ytd 2010/3 Results (%) (%) (Forecast) Guaranteed Receivables 118,777 13.7 2.6 161,000 Guarantee Business ACOM* No. of Accounts with 260,916 8.9 2.2 344,300 Outstanding Balance Operating Revenue 2,146 13.0 - 10,000 IR Loan Servicing
Slide 14: Credit Card and Installment Sales Finance Businesses
Credit Card and Installment Sales Finance Businesses (Millions of yen / baht and %) yoy ytd 2010/3 Result (%) (%) (Forecast) Credit Card Business Receivables Outstanding 30,839 -15.0 -4.3 26,700 ACOM No. of Customer Accounts 523,023 -33.6 -9.8 384,000 Operating Revenue 1,050 -15.9 - 3,800 Receivable
Slide 15: Funds Procurement (ACOM)
Funds Procurement (ACOM) (Millions of yen and %) 2009/3 2009/6 2010/3 (Forecast) C.R. yoy C.R. yoy C.R. yoy (%) Borrowings 680,734 100.0 -93,673 741,111 100.0 9,849 720,600 100.0 5.9 Indirect 445,734 65.5 -68,673 506,111 68.3 19,849 485,600 67.4 8.9 Direct 235,000 34.5 -25,000 235,000 31.7 -10,000 2
Slide 16: ACOM will become brand new ACOM
ACOM will become brand new ACOM ACOM will become a corporate group which will pay further attention to sociality such as consumer protection. Through provision of financial service which is less expensive, yet provide relief and confidence, ACOM will attempt to make significant contribution to healt
Slide 17: Reference
Reference ◆ For further information and questions regarding this presentation material, please contact: Investor Relations Office Tel: +81-3-5533-0631 email: ir@acom.co.jp ◆ For updated company information, please refer to our website: http://www.acom.co.jp/ir/english/ 17