Acom Co., Ltd. · TSE:8572
Acom — FY2012 Earnings Presentation
24 slides from Acom's earnings presentation, May 11, 2012
Slide 1: Earnings Release Conference, Fiscal Year Ended March 2012
Earnings Release Conference Fiscal Year Ended March 2012 ACOM CO., LTD. http://www.acom.co.jp/ir/english May 11, 2012
Slide 2: Conference Schedule
Conference Schedule Approx. Title Presenter Page No. Duration 1. Business Environment 4 2. Key Topics (Consolidated) 5 Shigeyoshi Kinoshita 25 min. Chairman, President &CEO 3. Financial Results Summary 6 4. Forecast for the FY March 2013 10 1. Financial Results Summary (Non-consolidated) Takashi Kir
Slide 3: Financial Results Highlight, Fiscal Year Ended March 2012
Financial Results Highlight Fiscal Year Ended March 2012 (1) Business Environment (2) Key Topics (Consolidated) (3) Financial Results Summary (4) Business Results by Segment (5) Forecast for the Fiscal Year Ending March 2013 (6) Basic Policy on Profit Distribution and Dividend (7) Management Vision
Slide 4: Business Environment
Business Environment Macro Environment • European sovereign debt crisis has led to strained financial market and stagnation in economic growth • Deflation and severe employment situations still remain in domestic market • Economic outlook is unclear since the Great East Japan Earthquake Business Env
Slide 5: Key Topics (Consolidated)
Key Topics (Consolidated) Compared to Previous Fiscal Year Compared to Forecast (2011/5/12) Ordinary Income and Loss Unused part of additional Operational performances Operating Revenue provision in response to achieved the forecast, · Loan Business Decreased the earthquake was mainly in loan busine
Slide 6: Financial Results Summary
Financial Results Summary (Millions of yen) Consolidated Non-consolidated 2011/3 2012/3 Compared 2011/3 2012/3 Compared to forecast to forecast yoy yoy Results Results (2011/5/12) Results Results (2011/5/12) (%) (%) Operating Revenue(*1) 245,831 210,456 -14.4 6,156 207,767 173,837 -16.3 6,337 Loan a
Slide 7: Loan Business (ACOM)
Loan Business (ACOM) zReceivables Outstanding, No. of Customer Accounts, No. of New Customers, and Operating Revenue (Millions of yen) 2011/3 2012/3 2013/3 (*) Compared yoy Results Results yoy to forecast (Forecast) (%) (%) (%) (2011/5/12) Receivables Outstanding 902,200 799,098 -103,102 -11.4 38,09
Slide 8: Guarantee and Loan Servicing Business
Guarantee and Loan Servicing Business (Millions of yen) 2011/3 2012/3 2013/3 (*) Compared yoy Results Results yoy to forecast (Forecast) (%) (2011/5/12) (%) (%) Guarantee Business Guaranteed Receivables 443,460 483,282 39,822 9.0 1,082 0.2 570,000 17.9 No. of Accounts with 899,855 949,626 49,771 5.5
Slide 9: Financial Business at Overseas
Financial Business at Overseas (Millions of yen/baht, Billions of rupiah) 2011/3 2012/3 2013/3 Compared yoy Results Results yoy to forecast (Forecast) (%) (2011/5/12) (%) (%) Receivables Outstanding 68,621 67,603 -1,018 -1.5 -5,997 -8.1 77,400 14.5 Loan Business Baht 25,415 27,593 2,177 8.6 829 3.1
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 and Credit Card Business 150,783 125,900 -16.5 150,78
Slide 11: Basic Policy on Profit Distribution and Dividend
Basic Policy on Profit Distribution and Dividend ◆Basic Policy Basic Policy on Profit Distribution Attempt stable and continuous profit distribution, taking the economic and financial situation, shareholders’ equity and our own performance into consideration ◆Dividends and Financial Ratio (yen,%) 20
Slide 12: Management Vision and Outlook
Management Vision and Outlook ◆Results and Outlook (ACOM) (Billions of yen) Management Vision zReceivables Outstanding by Business Segment 1,000 We aim to become the “leading company” which provides 799.0 Loan Business prime satisfactions to as many customers as possible and 800 713.3 earns trust in
Slide 13: Financial Results Highlight, Fiscal Year Ended March 2012
Financial Results Highlight Fiscal Year Ended March 2012 (1) Financial Results Summary (ACOM) (2) Major Figures (ACOM) Takashi Kiribuchi Chief General Manager & Chief PR & IR Officer Treasury Department
Slide 14: Financial Results Summary (ACOM)
Financial Results Summary (ACOM) (Millions of yen) 2011/3 2012/3 2013/3 Compared yoy Results Results yoy to forecast (Forecast) % % (%) (2011/5/12) Operating Revenue(*1) 207,767 173,837 -33,929 -16.3 6,337 3.8 149,700 -13.9 Loan and Credit Card 184,272 150,783 -33,489 -18.2 9,383 6.6 125,900 -16.5 B
Slide 15: Loan Business (ACOM) [Trend of Receivables Outstanding]
Loan Business (ACOM) [Trend of Receivables Outstanding] ◆Unsecured Consumer Loans (Billions of yen) (Thousands) 1,500 3,200 May 1, 2009: Absorbed Loan Business of DC Cash One (DCC1) June 18, 2010:Full Enforcement of 1,250 Revised Money Lending Business Act 1,179.2 2,800 1,137.0 1,144.1 1,106.2 1,074
Slide 16: Guarantee Business (ACOM) [Trend of Guaranteed Receivables]
Guarantee Business (ACOM) [Trend of Guaranteed Receivables] (Billions of yen) (Thousands) Increased by approximately 9.0% yoy, 600 2,000 excluding balance entrusted from Jibun Bank 570.0 October 1, 2010 Succeeded Guaranteed Receivables of MUN (*1) 483.2 464.2 466.5 1,600 443.4 449.6 431.8 September
Slide 17: Loan Business (ACOM) [Applications, New Customers, Lending Ratio]
Loan Business (ACOM) [Trend of No. of Applications, No. of New Customers, and Lending Ratio] ◆Unsecured Consumer Loans 50,000 70.0% 45,000 60.0% 40,000 35,000 50.0% 46.1% 45.5% 45.3% 46.3% 45.3% 44.6% No. of Applications(*) 43.7% 45.3% 44.8% 45.7% 44.8% 30,000 39.6% 39.1% 43.7% 44.2% 38.4% 38.4% 38.
Slide 18: Loan Business (ACOM) [Provision for Bad Debts]
Loan Business (ACOM) [Provision for Bad Debts] ◆Provision for Bad Debts (Millions of yen) 2013/3 2009/3 2010/3 2011/3 2012/3 (Forecast) Provision for Bad Debts 76,276 75,058 66,904 26,048 37,700 Bad Debt Expenses 92,451 95,484 63,037 49,442 41,400 Loss on Sales of Accounts 8,271 3,131 3,071 832 100
Slide 19: Trend of Requests for Interest Repayment and Interest Repayment
Trend of No. of Requests for Interest Repayment and Interest Repayment (Cash Out) (ACOM) ◆No. of Requests for Interest Repayment (*1) and Interest Repayment (Cash-out Basis) by Month (Millions of yen) 2010/3 2011/3 2012/3 No. of No. of No. of Requests Interest Requests Interest Requests Interest for
Slide 20: Loan Business (ACOM) [Provision for Loss on Interest Repayment]
Loan Business (ACOM) [Provision for Loss on Interest Repayment] ◆Provision for Loss on Interest Repayment (Millions of yen) 2011/3 2012/3 2013/3 Total 1Q 2Q 3Q 4Q Total (Forecast) Provision for Loss on Interest Repayment 243,456 - - - 48,807 48,807 - Interest Repayment 104,479 23,373 23,524 22,235 2
Slide 21: Non-performing Loans (ACOM)
Non-performing Loans (ACOM) ◆Non-performing Loans (Billions of yen) 150 15.0% Loans to Borrowers in Bankruptcy or under 14.0% Reorganization 120 116.1 118.7 112.8 112.1 13.0% 109.1 109.8 107.1 108.6 YOY: -24.0 billion yen (-24.4%) 98.3 12.0% 72.8 77.3 72.1 72.5 61.0 61.9 59.6 60.0 93.6 90 49.9 89.8
Slide 22: Funds Procurements (ACOM)
Funds Procurements (ACOM) (Millions of yen) 2011/3 2012/3 2013/3 C.R. Compared yoy Results Results yoy to forecast (Forecast) (%) (%) (2011/5/12) (%) (%) Borrowings 643,652 611,827 -31,825 -4.9 100.0 61,727 11.2 568,500 -7.1 Indirect 402,561 378,198 -24,363 -6.1 61.8 32,598 9.4 355,700 -5.9 Direct 2
Slide 23: Assumptions on the Forecast for the Fiscal Year Ending March 2013 (ACOM)
Assumptions on the Forecast for the Fiscal Year Ending March 2013 (ACOM) 1. 1. Loans Loans Receivable Receivable 713,300 713,300 million million yen yen ((Unsecured Unsecured Loans Loans for Consumers 698,000 for Consumers 698,000 million million yen) yen) 2. 2. Average Average Loan Loan Yield Yield
Slide 24: Reference
Reference Reference: Public & Investor Relations Office Treasury Department Tel: +81-3-5533-0861 E-mail: [email protected] 24