Aeon Financial Service Co., Ltd. · TSE:8570
Aeon Financial Service — Aeon Credit Service — H1 FY2009 Earnings Presentation
10 slides from Aeon Financial Service's earnings presentation, Oct 13, 2009
Slide 1: Results for the First Half of Fiscal Year Ending February 20, 2010
AEON CREDIT SERVICE CO., LTD. Operating Data AEON CREDIT SERVICE CO., LTD. ■ As card sign-up efforts produced strong results both in Japan and abroad, the credit card shopping transaction volume steadily increased. ■ To prepare for future risk, we recorded allowance for possible credit losses of ¥2
Slide 2: Credit Card Shopping Transaction Volume and Active Cardholders
Credit Card Shopping Transaction Volume Number of Active Cardholders (Non-Consolidated) AEON CREDIT SERVICE CO., LTD. (Non-Consolidated) AEON CREDIT SERVICE CO., LTD. ■ The number of non-consolidated active cardholders rose to 10.75 million (up 1.20 m over ■ The transaction volume increased to ¥1,04
Slide 3: Cash Advances, Credit Losses, Excess Interest Claims, Fund Procurement
Cash Advances Transaction Volume Allowance for Possible Credit Losses AEON CREDIT SERVICE CO., LTD. (Non-Consolidated) AEON CREDIT SERVICE CO., LTD. ■ The allowance for possible credit losses balance was reduced to ¥45.3 billion by ■ The increase in the number of new cardholders has brought the numb
Slide 4: Converting to a New Business Structure
AEON CREDIT SERVICE CO., LTD. 1. Converting to a New Business Structure AEON CREDIT SERVICE CO., LTD. Second Half of FY 2009 ■ The revenues composition in 1H: Loans 31% Credit card 26% New business 13% Overseas 30% Major Targets of Implementation 100% shopping Loans 30% 80% 37% Card shopping I. Esta
Slide 5: Electronic Money, Internet and Bank Agency Businesses
3-2. Electronic Money Business AEON CREDIT SERVICE CO., LTD. 3-3. Expanding the Internet Business AEON CREDIT SERVICE CO., LTD. ■ With more affiliated merchants and issued WAON cards, operating revenues for 1H reached ■ Operating revenues for 1H were ¥0.6 billion (148% YoY change). Annual operating
Slide 6: Servicer Business and Strengthening the Credit Card Business
4-2. Servicer Business AEON CREDIT SERVICE CO., LTD. AEON CREDIT SERVICE CO., LTD. ■ After introducing a new receivables management system to promote efficient recovery operations, operating revenues for 1H reached 1.16 billion (103% YoY change). ■ Expand the business in the public offices and utili
Slide 7: Card Privileges and Features; Acquiring Business
3. Enhancing Card Privileges and Features AEON CREDIT SERVICE CO., LTD. 4. Strengthening the Acquiring Business AEON CREDIT SERVICE CO., LTD. ■ The annual card usage ratio for 1H rose by 1.6 points over the year to 63.2%. ■ The acquiring transaction volume for 1H was ¥88.4 billion (109% YoY change).
Slide 8: System Development Plan; Reinforcing Overseas Operations
7. System Development Plan AEON CREDIT SERVICE CO., LTD. AEON CREDIT SERVICE CO., LTD. Already developed Under development To be developed 1H FY2009 2H FY2009 FY2010 Integrated Issuer system Credit card New settlement (ready for 50 mil. customer system service cardholders) Account opening Bank cente
Slide 9: Operations in Taiwan, Indonesia and Vietnam
3. Operations in Taiwan AEON CREDIT SERVICE CO., LTD. 4. Operations in Indonesia AEON CREDIT SERVICE CO., LTD. ■ Operating revenues for 1H were 104 million TWD (118% YoY change). ■ In 1H, the number of affiliated merchants increased to 1,500. ■ Started issuing co-branded cards with local major distr
Slide 10: Operations in Philippines; Forecast of Results for FY2009
7. Operations in Philippines AEON CREDIT SERVICE CO., LTD. 8. Establishing a Foundation in Asian Countries AEON CREDIT SERVICE CO., LTD. ■ Deploy 120 system engineers to establish a common system for overseas ■ Newly start business development into India and Cambodia companies ■ Prepare for establis
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