Credit Saison Co., Ltd. · TSE:8253
Credit Saison — Q3 FY2024 Earnings Presentation
24 slides from Credit Saison's earnings presentation, Feb 14, 2025
Slide 1: FY2024 3Q Summary of Financial Results
FY2024 3Q 決算概況資料 Summary of Financial Results February 14,2025 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: FY2024 3Q Financial Results Summary
01．FY2024 3Q 決算概要 Financial Results Summary © 2024 CREDIT SAISON CO., LTD. 2
Slide 3: Financial Results Digest
Financial Results Digest The first year of the new medium-term management plan has been going well, with steady improvement in the "earning power of core businesses. "Momentum is also building for growth in the coming fiscal years. 3Q Financial Results Show Increased Revenue and Profit *Refer to P7
Slide 4: Financial Summary FY24 3Q
決算サマリー Financial Summary （億円／￥100 Million） FY23 FY24 前年比 FY24計画(期初) FY24計画(修正)* 進捗率 3Q 3Q YOY Plan(Initial) Plan(Revised) Progress rate 純収益 2,687 3,134 116.6% 4,130 4,160 75.3% Net revenue 連結 事業利益 614 799 130.0% 770 800 99.9% Consolidated Business profit 四半期利益 Profit attributable to 620 576 92.8% 52
Slide 5: Overview of Business Results by Segment: Net Revenue
セグメント別業績概況 Overview of Business Results by Segment （億円／￥100 Million） 純収益 FY23 FY24 前年比 FY24計画(期初) Plan(Initial) FY24計画(修正)*1 Plan(Revised) 進捗率 Net revenue 3Q 3Q YOY Progress rate ペイメント 1,760 1,888 107.3% 2,499 2,529 74.7% Payment リース 93 98 106.2% 135 135 73.3% Lease ファイナンス 437 505 115.4% 633 633 79.
Slide 6: Overview of Business Results by Segment: Business Profit
セグメント別業績概況 Overview of Business Results by Segment （億円／￥100 Million） 事業利益 FY23 FY24 前年比 FY24計画(期初) Plan(Initial) FY24計画(修正)*1 Plan(Revised) 進捗率 Business Profit 3Q 3Q YOY Progress rate ペイメント 190 270 141.6% 205 275 98.3% Payment リース 35 33 96.0% 40 40 84.9% Lease ファイナンス 213 289 135.4% 315 315 91.9% Fin
Slide 7: Topics by Segment
Topics by Segment Payment ・Shopping transaction volume grew due to changes in customer demographics as a result of promoting our premium strategy. ・Card shopping revolving balances expanded due to increased shopping limits and UI/UX improvements, and revenue and profit increased due to the impact of
Slide 8: Contribution by Consolidated Companies
Contribution by Consolidated Companies ■Business profit Difference (￥100 Million) Consolidated Non-consolidated Difference Business profit Ordinary Profit FY24-3Q 799.3 468.1 331.2 （Year-on-year difference ） 184.3 63.2 121.1 ■Contribution by Consolidated Companies (￥100 Million) Contribution Year-on
Slide 9: Progress on Capital Policy
Progress on Capital Policy Details Announced in the New Medium-Term Management Plan Progress in 3Q 24年5月新中計での公表内容 in May 2024 Cumulative Acquisition of Treasury Shares Share Buybacks (1) Total acquisition cost of shares: Planned 70.0 billion yen of share buybacks 36,984,890,005 yen (progress rate: 7
Slide 10: Shareholder Returns
Shareholder Returns ✓ In the new mid-term management plan, the Company is maintaining its policy of stable and consistent dividends. Based on the target of a dividend payout ratio of at least 30%, the Company plans to increase the ordinary dividend by 5 yen per share fro m the most recent year-end d
Slide 11: Overview of Major Businesses
02．主要事業の概況 Overview of Major Businesses © 2024 CREDIT SAISON CO., LTD. 11
Slide 12: Key indicators of global business
Key indicators of global business New Medium-Term Management Plan・Priority Themes Expansion of Indian operations and evolution of global development. ■Segment Business Profit ■Credit Saison India’s Business profit contribution (￥100 Million) (￥100 Million) Lending business India and Vietnam drive th
Slide 13: Global Business: Credit Saison India Progress
Global Business: Credit Saison India Progress ✓ Steady growth in credit balance despite changing market environment ✓ Non-performing loan ratio (GNPA) slightly increased, but remained stable as a result of focus on risk control ■ Trends in receivables balance Approx. (Unit: 100 million Indian rupees
Slide 14: Key indicators of finance business
Key indicators of finance business New Medium-Term Management Plan・Priority Themes Expanding Profits and Enhancing Competitiveness through Group Businesses ■Guarantee business balance (￥100 Million) ■Real estate finance business balance (￥100 Million) 8,000 SF ・Credit guarantee CS・Asset formation lo
Slide 15: Key indicators of payment business
Key indicators of payment business New Medium-Term Management Plan・Priority Themes Reinforcement of revenue base and improving profitability Increased shopping limits and UIUX ■Shopping transaction volume (trillion yen) ■Card shopping revolving balance improvements led to increased balance growth. (
Slide 16: Progress on Initiatives to Improve Profitability
Progress on Initiatives to Improve Profitability Expanding asset revenue Started "Post-Purchase Revolving Payments" Service October ✓ Launched a service that allows customers to later change their one-time payments or lump-sum bonus payments for shopping 2024 into revolving payments ✓ From mid-Decem
Slide 17: Progress on Initiatives to Improve Profitability
Progress on Initiatives to Improve Profitability Review of product features Increase loyalty by brushing up value-added products that meet needs ✓ Review and expansion of card benefits ✓ Providing special value for ALL Saison members ✓ Deepening efforts to leverage group content Promotion of fee des
Slide 18: Credit Risk
Credit Risk ✓ Partial reversal of the special provision drawn against future increases in delinquent loans in the COVID-19 pandemic Delinquency over 90 days(consolidated) Delinquency over 90 days(non-consolidated) (￥100 Million) (￥100 Million) 5.0% 50,000 5.0% Credit card business total credit balan
Slide 19: Financial Policy
Financial Policy ■Sound financial base ■Structure of interest-bearing debt Credit Rating • Almost 70% of the interest-bearing debt is composed of long- term funds ・R&I A+ *Maintained for more than 25 years since October 1996 • Fixed interest rate procurement accounts for about 70% of the ・JCR AA− *N
Slide 20: Disclaimer / Investor Relations Information
Disclaimer This report contains forward-looking statements that reflect our plans and expectation. These forward-looking statements are not guarantees of future performance and known and unknown risks, uncertainties and other factors that may cause our actual results, performance, achievements or fi
Slide 21: Main Increases/Decreases in Business Profit and Ordinary Profit
＜appendix＞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) 446 169 -46 468 -126 208 799 -15 -36 Increased other operating expenses
Slide 22: Business Profit Trend Plans by Segment
＜appendix＞Business Profit Trend Plans by Segment (￥100 Million) FY23 FY24Plan FY24Plan FY25Plan FY26Plan FY23＆FY26 (a) (initial) (revised) (b) Plan diff. (b-a) Payment 192 205 275(+70) 243 289 +97 Strengthen revenue base via member structure reform, and business reform via DX・AI Lease 43 40 40(±0) 4
Slide 23: Composition of Main Businesses
＜appendix＞Composition of Main Businesses Segment Global business Finance business Payment business ■Lending ■Credit guarantees Free loans and housing loan guarantee , etc. Lending that is mainly targeted at ■Credit cards underserved customers ■Asset formation loans Business ■Processing content ■Inve
Slide 24: External Evaluation (example)
External Evaluation (example) ■ESG Assessment ■Investor Relations Site Assessment Selected as a component of five of the six ESG Winner of two major site rankings Winner indices used by the GPIF of the Grand Prize & Bronze Award 2024 First selection ■Assessment of Digital Transformation 2024 Selecte