Credit Saison Co., Ltd. · TSE:8253
Credit Saison — Q1 FY2024 Earnings Presentation
14 slides from Credit Saison's earnings presentation, Aug 9, 2024
Slide 1: FY2024 1Q Summary of Financial Results
FY2024 1Q 決算概況資料 Summary of Financial Results August 9,2024 Credit Saison Co.,Ltd. 東証プライム市場上場 証券コード :8253 Tokyo Stock Exchange Prime Market, Securities Code: 8253
Slide 2: Financial Results Digest
Financial Results Digest ✓ Revenue increased (consolidated net income of 100.0 billion yen; +116.5% YoY) due to steady performance from our three growth pillars (global business, payment business, and finance business) ✓ While there was growth in the finance business (expanded profit contribution fr
Slide 3: Financial summary
決算サマリー／Financial summary （億円／￥100 Million） FY23 FY24 前年比 FY24計画 進捗率 1Q 1Q YOY plan Progress rate 純収益 858 1,000 116.5% 4,130 24.2% Net revenue 連結 事業利益 235 228 97.0% 770 29.7% Consolidated Business profit 四半期利益 Profit attributable to 169 165 97.9% 520 31.9% owners of parent 営業収益 687 735 106.9% 3,030 2
Slide 4: Overview of Business Results by Segment
Overview of Business Results by Segment 1Q Overview ■Net revenue ■Business profit (¥100 million) Payment (￥100 million) 4,130* 770 （1Q progress rate: （1Q progress rate: Entertainment Revenue increased due to the premium strategy and due to 24.2%） Entertainment 67 29.7%) 12 growth in revolving balanc
Slide 5: Contribution by Consolidated Companies
Contribution by Consolidated Companies ■Business profit Difference (￥100 Million) Consolidated Business profit Non-consolidated Ordinary Profit Difference FY24-1Q 228.7 123.6 105.0 (Year-on-year difference) ▲7.0 ▲5.9 ▲1.0 ■Contribution by Consolidated Companies (￥100 Million) Contribution Year-on-ye
Slide 6: Main Increases/Decreases in business profit and ordinary profit
連結・事業利益、単体・経常利益の主な増減 Main Increases/Decreases in business profit (consolidated), ordinary profit (non-consolidated) ■連結・事業利益 ■単体・経常利益 （億円／￥100 Million） Business profit (consolidated) Ordinary profit (non-consolidated) 141 -50 販 10 47 -20 Increased SG&A expenses 売 -39 235 費 及 -27 228 -23 Increased eq
Slide 7: Key Indicators of Global Business
Key Indicators of Global Business ✓ Credit Saison India led overall global business profit of 2.1 billion yen in FY24-1Q ■Segment Business Profit ■Credit Saison India’s （￥100 Million） Consolidated Contribution Profit 68 （￥100 Million） 24 21 12 29.6 12.4 4.0 FY23-1Q FY23 FY24-1Q FY24plan FY23-1Q FY23
Slide 8: Credit Saison India Progress
Credit Saison India Progress ✓ Steady growth in receivables balance, approx. 260 billion yen in FY24-1Q ✓ Continue to control risk while expanding profitable direct lending ■Credit Saison India Receivable balance （￥100 Million） Branch lending Non-performing loan ratio Expansion of branch network and
Slide 9: Finance Business Credit Saison x Saison Fundex
Finance Business Credit Saison x Saison Fundex FY21 FY26plan ✓ Steady growth in both guarantee and Off-BS Off-BS Approx. real estate finance business balances 30％ Approx. 45％ Guarantee business Real estate finance business ■Trends in guarantee balance ■Trends in receivables balance (￥100 Million) (￥
Slide 10: Key Indicators of Payment Business
Key Indicators of Payment Business ✓ Growth in shopping transaction volume and revolving balance through premium strategy ✓ Cash advance balances grew due to expansion of revolving credit and business support loans ■Card shopping transaction volume ■Card shopping revolving balance ■Cash advance bala
Slide 11: Initiatives to Improve Profitability (Progress)
Initiatives to Improve Profitability (Progress) What is announced in the new May 2024 Current situation Future outlook mid-term plan Increases are being Gradually expand target cards Raise implemented first revolving balance for premium card types*1 with Plan to begin notifying target fee rates some
Slide 12: Capital Policy (Progress)
Capital Policy (Progress) What is announced in the new May 2024 Current situation mid-term plan Cumulative buyback amounts: Implement share buybacks During the New Medium-Term (1) Total number of shares acquired: 3,140,900 shares Management PlanPlans to acquire up to (progress rate: 12.6%) ¥70.0 bil
Slide 13: Credit Risk
Credit Risk ✓ Delinquency rate is on the rise as the balance of receivables expands; watch for future trends Delinquency over 90 days(consolidated) (100 million yen) Delinquency over 90 days(non-consolidated) (100 million yen) 5.0% 5.0% Credit card business total credit balance 50,000 15,000 4.0% 4.
Slide 14: ESG/External Evaluations (an example)
ESG/External Evaluations (an example） 2 years Consecutive First Certified for Selection selection in 7 consecutive 2024 years ESG index adopted by the GPIF consisting of ESG index adopted by the GPIF consisting of ESG index used by GPIF the selects Japanese companies that excel in ESG responses in J