Acom Co., Ltd. · TSE:8572
Acom — Q2 FY March 2013 Earnings Presentation
23 slides from Acom's earnings presentation, Nov 9, 2012
Slide 1: The Second Quarter Financial Results for Fiscal Year Ending March 2013
The Second Quarter Financial Results for Fiscal Year Ending March 2013 ACOM CO., LTD. http://www.acom.co.jp/ir/english November 9, 2012
Slide 2: Conference Schedule
Conference Schedule Approx. Title Presenter Page No. Duration 1. Business Environment 4 2. Key Topics Shigeyoshi Kinoshita 5 25 min. Chairman, President & CEO 3. Financial Results Summary 6 4. Forecast for the FY March 2013 10 1. Financial Results Summary (ACOM) Tomohiro Nakazawa 14 Chief PR & IR Of
Slide 3: Financial Results Highlight
Financial Results Highlight The 2nd Quarter for the Fiscal Year Ending March 2013 (1) Business Environment (2) Key Topics (Consolidated) (3) Financial Results Summary (4) Business Results by Segment (5) Forecast for the FY March 2013 (6) Succession of Guarantee Business of Mobit Shigeyoshi Kinoshita
Slide 4: Business Environment
Business Environment Business Environment of Industry • In addition to existing consumer finance companies and credit card companies, some banks made full-scale entry into the industry, leading to changes in competitive nature of the market. • Business environment still remains to be severe, due to
Slide 5: Key Topics (Consolidated)
Key Topics (Consolidated) Compared to Previous Second Quarter Compared to Forecast (2012/5/10) Ordinary Income and Loss Operating revenue surpassed the forecasted value, mainly in loan business. Operating Revenue • Loan Business Decreased • Guarantee Business Increased Provision for bad debts fell b
Slide 6: Financial Results Summary
Financial Results Summary (Millions of yen) Consolidated Non-consolidated 2012/9 Compared to forecast 2012/9 Compared to forecast yoy yoy Results (%) Results (%) (%) (%) Operating Revenue 97,860 -9.4 3,460 3.7 79,210 -11.2 2,910 3.8 Loan Business 65,866 -13.4 65,866 -13.4 Guarantee Business 11,940 2
Slide 7: Loan Business (ACOM)
Loan Business (ACOM) z Primary Indices (Millions of yen) 2011/9 2012/9 2013/3 yoy Results Results yoy (Forecast) (%) (%) Receivables Outstanding 846,999 731,205 -115,794 -13.7 713,300 -10.7 No. of Customer Accounts 1,640,333 1,451,077 -189,256 -11.5 1,424,300 -9.6 No. of New Customers 76,147 84,950
Slide 8: Guarantee and Loan Servicing Business
Guarantee and Loan Servicing Business z Primary Indices (Millions of yen) 2011/9 2012/9 2013/3 (Forecast) yoy Results Results yoy (%) (%) Guaranteed Receivables 464,202 557,018 92,815 20.0 570,000 17.9 Guarantee Business No. of Accounts with 925,582 1,092,810 167,228 18.1 1,120,500 18.0 Outstanding
Slide 9: Financial Business at Overseas
Financial Business at Overseas z Primary Indices (Millions of yen/baht, Billions of rupiah) 2011/9 2012/9 2013/3 yoy Results Results yoy (Forecast) (%) (%) Receivables Outstanding 68,940 71,000 2,060 3.0 77,400 14.5 Loan Business Baht 26,313 28,514 2,201 8.4 28,988 5.1 No. of Customer (Kingdom of Th
Slide 10: Forecast for the Fiscal Year Ending March 2013
Forecast for the Fiscal Year Ending March 2013 (Millions of yen) Consolidated Non-consolidated 2012/3 2013/3 2012/3 2013/3 yoy yoy Results (Forecast) Results (Forecast) (%) (%) Operating Revenue 210,456 186,900 -11.2 173,837 149,700 -13.9 Loan Business 147,883 123,400 -16.6 147,883 123,400 -16.6 Gua
Slide 11: Succession of Guarantee Business of Mobit - 1
Succession of Guarantee Business of Mobit - 1 Purpose and Summary of the Basic Agreement • On September 2012, ACOM formed a basic agreement with The Bank of Tokyo-Mitsubishi UFJ, Ltd. to commence consideration of establishing a joint venture to operate a guarantee business of Mobit Co., Ltd. • Maxim
Slide 12: Succession of Guarantee Business of Mobit - 2
Succession of Guarantee Business of Mobit - 2 Development after Succession • The number of prefectures with guarantee alliance partners will increase from 20 to 34 including those which will be guaranteed by the new guarantee company. • Improve efficiency in guarantee business by utilizing ACOM’s ma
Slide 13: Financial Results Highlight
Financial Results Highlight The 2nd Quarter for the Fiscal Year Ending March 2013 (1) Financial Results Summary (ACOM) (2) Major Figures (ACOM) Tomohiro Nakazawa Chief PR & IR Officer Treasury Department
Slide 14: Financial Results Summary (ACOM)
Financial Results Summary (ACOM) (Millions of yen) 2012/9 Compared to Forecast 2013/3 (Forecast) yoy yoy Results (%) (%) (%) Operating Revenue 79,210 -11.2 2,910 3.8 149,700 -13.9 Loan Business 65,866 -13.4 123,400 -16.6 - - Guarantee Business 11,940 2.6 23,800 3.7 Operating Expenses 55,132 -10.0 -2
Slide 15: Loan Business: Receivables Outstanding and No. of Customer Accounts
Loan Business (ACOM) [Receivables Outstanding and No. of Customer Accounts] ◆ Trend of Receivables Outstanding and No. of Customer Accounts in Unsecured Consumer Loans (Billions of yen) (Thousands) 1,500 3,200 May 2009: Absorbed Loan Business of DC Cash One 1,250 June 2010: Full Enforcement of Money
Slide 16: Loan Business: Applications, New Customers and Lending Ratio
Loan Business (ACOM) [No. of Applications, No. of New Customers and Lending Ratio] ◆ Trend of No. of Applications, No. of New Customers and Lending Ratio in Unsecured Consumer Loans 50,000 Major Contributing Factors 70.0% 1. Improved public awareness on the regulation on the total borrowing amount 4
Slide 17: Guarantee Business: Guaranteed Receivables and No. of Accounts
Guarantee Business (ACOM) [Guaranteed Receivables and No. of Accounts] ◆ Trend of Guaranteed Receivables and No. of Accounts May 2012: Balance entrusted from Jibun Bank (Billions of yen) [Entrusted amount: approximately 43.5 billion yen (*2)] (Thousands) 600 2,000 570.0 October 2010: 557.0 540.3 Suc
Slide 18: Fund Procurements (ACOM)
Fund Procurements (ACOM) (Millions of yen, %) 2012/3 2012/9 2013/3 yoy C.R. yoy ytd C.R. yoy C.R. Results Results (Forecast) (%) (%) (%) (%) (%) (%) (%) Borrowings 611,827 -4.9 100.0 582,149 -12.8 -4.9 100.0 568,500 -7.1 100.0 Indirect 378,198 -6.1 61.8 384,554 -2.8 1.7 66.1 355,700 -5.9 62.6 Direct
Slide 19: Non-performing Loans (ACOM)
Non-performing Loans (ACOM) ◆ Trend of Non-performing Loans (Billions of yen) 150 15.0% Loans to Borrowers in 14.0% Bankruptcy or under Reorganization 120 13.0% 109.1 109.8 107.1 108.6 98.3 12.0% 61.0 61.9 59.6 60.0 93.6 YoY change: -24.8 billion yen 90 49.9 89.8 11.41 44.6 81.6 11.0% 42.3 10.89 74.
Slide 20: Provision for Bad Debts (ACOM)
Provision for Bad Debts (ACOM) z Trend of Provision for Bad Debts (Millions of yen) 2013/3 2011/6 2011/9 2011/12 2012/3 2012/6 2012/9 (Forecast) Provision for Bad Debts 10,251 23,197 33,686 26,048 7,451 18,361 37,700 Bad Debt Expenses 14,848 28,533 40,084 49,442 9,871 18,497 41,400 Loss on Sales of
Slide 21: No. of Requests for Interest Repayment and Interest Repayment
No. of Requests for Interest Repayment and Interest Repayment (ACOM) z Trend of Monthly No. of Requests for Interest Repayment (*1) and Interest Repayment (Cash-out Basis) (Millions of yen) 2011/3 2012/3 2013/3 No. of No. of No. of Requests Interest Requests Interest Requests Interest for Interest R
Slide 22: Provision for Loss on Interest Repayment (ACOM)
Provision for Loss on Interest Repayment (ACOM) z Trend of Provision for Loss on Interest Repayment (Millions of yen) 2012/3 2013/3 2013/3 1Q 2Q 3Q 4Q Total 1Q 2Q Total (Forecast) Provision for Loss on Interest Repayment - - - 48,807 48,807 - - - - Interest Repayment 23,373 23,524 22,235 24,819 93,9
Slide 23: Reference: Public & Investor Relations Office
Reference Reference: Public & Investor Relations Office Treasury Department Tel: +81-3-5533-0861 E-mail: ir@acom.co.jp 23