Aeon Financial Service Co., Ltd. · TSE:8570
Aeon Financial Service — Aeon Credit Service — H1 FY2008 Earnings Presentation
13 slides from Aeon Financial Service's earnings presentation, Oct 24, 2007
Slide 1: Results for the First Half of Fiscal Year Ending February, 2008
Operating Results Results for the First Half of Fiscal Year Ending February, 2008 Consolidated Non-Consolidated Actual Results Year-on-Year Actual Results Year-on-Year (Billions of yen) Change (Billions of yen) Change Transaction volume 1,339.2 110 1,164.0 109 Difference from Projection 0.8 6.0 Oper
Slide 2: Summary of Business Results for the First Half
Number of Cardholders as of August 31, 2007 Summary of Business 1 Number of Cardholders Net change Net change No. of active during the 2 Transaction Volume and Results for the First Half No. of Cardholders (Thousands of people) during the term (Thousands of cardholders (Thousands of people) term (Th
Slide 3: Growth of Cosmo the Card Opus; Issuance of New Co-Branded Cards
Growth of Cosmo the Card Opus Issuance of New Co-Branded Cards Monthly transaction volume expanded to 6 billion yen due to the successful joint project We started to issue 2 co-branded cards between COSMO OIL and AEON CREDIT SERVICE. Billions of yen Transaction volume of AEON cards at COSMO OIL MITS
Slide 4: Increase in AEON Lounges; Transaction Volume per Active Cardholder
Increase in AEON Lounges Increase in Transaction Volume per Active Cardholder Increase in AEON Lounges Improvement in active card usage ratio Transaction volume per active cardholder shows an unhindered upward trend due to enhancement of card functions and privileges. Stores (Thousands of yen) Month
Slide 5: Major Targets of Implementation for the Second Half
Strengthening of Screening System / Recovery System Provision for Doubtful Accounts / Losses on Interest Repayment Number of payment claims is steadily increasing due to an increase in cardholders and enhancement of card privileges/functions Provision for Doubtful Accounts Breakdown of Provision for
Slide 6: Enhancement of functions/privileges
Expanding Pay-By-Card Market Enhancement of Card Functions/Privileges Annual Usage Rising ratio of settlement by cards to personal consumption Ratio Enhancement of functions/privileges 60.2 (Mid- Mid-term result) 59.4 11.2 58.8 Credit & Cash Joint Card 10.3 57.6 Mobile WAON 9.4 57.4 8.7 Revolving Cr
Slide 7: Plan for Transaction Volume of Credit Card Shopping
Plan for Transaction Volume of Credit Card Shopping Plan for Transaction Volume of Credit Card Shopping (Consolidated) Plan to achieve 1,895 billion yen on consolidated basis and 1,810 billion yen on non-consolidated basis Plan to boost transaction volume by increasing cardholders and activating dor
Slide 8: Develop New Sources of Income
Develop New Sources of Income -(1) Focus on Small Expenditures Settlement Market Establish new income models by making use of existing platforms Plan to exploit the small expenditures settlement market amounting to 60 trillion yen through development of e-money / gift cards <Expansion of existing bu
Slide 9: Expand Acquisition Business; Develop Bank Agency Business
Expand Acquisition Business Develop Bank Agency Business Subject to regulatory approval Full-fledged development of acquisition business Improve convenience by switching from CDs of our company to ATMs of AEON Bank (provisional naming) Approach group companies Friendly companies Partnering companies
Slide 10: Expand Servicer Business; Propel System Development
Expand Servicer Business Propel System Development Summary of results for the first half ended in Aug.2007 Newly opened Contact Center Sapporo Existing Contact Center FY2007 Increased sales office count from 5 to 11 FY2008 FY2009 Strengthening company’s organization in preparation for IPO First Half
Slide 11: Operations in Thailand; Operations in Hong Kong
Operations in Thailand Operations in Hong Kong Summary of Half Year Results ended in Aug. 2007 Summary of Half Year Results ended in Aug. 2007 Expanded peripheral-to-credit business by implanting Japanese business model Set up servicer company Expanded peripheral-to-credit business by implanting Jap
Slide 12: Operations in Taiwan; Operations in Indonesia
Operations in Taiwan Operations in Indonesia Summary of Half Year Results ended in Aug. 2007 Summary of Half Year Results ended in Aug. 2007 Started issuing house cards to preferred customers Issued 2 kinds of new cards Increased number of affiliated shop to 1,000 Card company turned a profit 3C Onl
Slide 13: Forecast of Results for FY ending Feb. 2008
Forecast of Results for FY ending Feb. 2008 Plan for Consolidated Operational Revenues (Billions of yen) Consolidated Non-Consolidated Forecast YoY Change Forecast YoY Change (billions of yen) (billions of yen) Transaction Volume 2,850.0 115 2,500.0 115 185.0 173.4 billion yen Operating Revenues 185
Aeon Credit Service — H1 FY2008 Earnings Presentation on 6ix