Aeon Financial Service Co., Ltd. · TSE:8570
Aeon Financial Service — AEON Credit Service — FY2009 Earnings Presentation
9 slides from Aeon Financial Service's earnings presentation, Apr 16, 2010
Slide 1: Results for the Fiscal Year Ended February 20, 2010
AEON CREDIT SERVICE CO., LTD. Operating Data AEON CREDIT SERVICE CO., LTD. ■ Having recorded extraordinary loss of ¥16 billion including allowance for possible credit losses in the 1st half, we managed to achieve consolidated net profit. ■ Non-consolidated operating revenues were flat year on year a
Slide 2: Number of Effective and Active Cardholders; Shopping Settlement Volume
Number of Effective Cardholders (Consolidated) AEON CREDIT SERVICE CO., LTD. Number of Active Cardholders (Consolidated) AEON CREDIT SERVICE CO., LTD. ■ The numbers of consolidated and non-consolidated effective cardholders ■ The numbers of consolidated and non-consolidated active cardholders increa
Slide 3: Credit Card Transaction Volume, Payment Claims and Arrears, Credit Loss Allowance
Credit Card Shopping Transaction Volume Numbers of Payment Claim Issuances and (Non-Consolidated) AEON CREDIT SERVICE CO., LTD. Payments in Arrears at Month End AEON CREDIT SERVICE CO., LTD. ■ Steadily increased to ¥2,186.7 billion (108% YoY change). ■ Stricter initial credit control lowered the num
Slide 4: Excess Interest Repayment, Fund Procurement, System Reinforcement
Number of disclosure claims for excess interest repayment and amount of excess interest repayment made AEON CREDIT SERVICE CO., LTD. Allowance for Losses on Excess Interest Repayment AEON CREDIT SERVICE CO., LTD. ■ The number of disclosure claims for excess interest repayment has been on the ■ Allow
Slide 5: FY 2010 Major Targets of Implementation
AEON CREDIT SERVICE CO., LTD. 1. Developing New Customer Bases AEON CREDIT SERVICE CO., LTD. FY 2010 ■ Develop new customer bases through intensified sign-up efforts for credit cards with high usage ratios such as AEON Card Select. Major Targets of Implementation Annual card Male ratio Metropolitan
Slide 6: Expand the Fee Businesses: Bank Agency, Credit Guarantee, Processing
1. Promoting the Bank Agency and AEON CREDIT SERVICE CO., LTD. Credit Guarantee Businesses AEON CREDIT SERVICE CO., LTD. ■ Shift focus from branches and offices to in-store branches and pursue a dominant strategy targeting Tokyo, Nagoya and Osaka. ■ Promote sales of insurance policies and investment
Slide 7: Insurance Agency Business and Servicer Business
4. Expanding the Insurance Agency 5. Reinforcing the Servicer Business Business AEON CREDIT SERVICE CO., LTD. AEON CREDIT SERVICE CO., LTD. ■ Reinforce sales of insurance policies through insurance shops and the online shop. ■ After reviewing the services in accordance with the operational guideline
Slide 8: Overseas Businesses: China, Taiwan, Indonesia, Vietnam
2. China (Shenzhen) AEON CREDIT SERVICE CO., LTD. 3. Taiwan AEON CREDIT SERVICE CO., LTD. ■ The orders for the receivables recovery services from local financial agencies ■ We plan to issue a new co-branded card with Global Mall, a large shopping mall. has increased. (Millions of TWD) (Seats) 450 60
Slide 9: Forecast of Results for FY2010
Forecast of Results for FY2010 AEON CREDIT SERVICE CO., LTD. (Billions of yen) Consolidated Non-Consolidated Forecast YoY Change Forecast YoY Change Transaction volume 3,100.0 104% 2,800.0 104% Operating revenues 173.0 100% 117.8 100% Operating income 23.0 112% 11.5 126% Ordinary income 22.5 110% 13