Acom : 1Q(981KB)

The First Quarter Report for the Fiscal Year Ending March, 2024

ACOM CO., LTD.

July 2023

Code No. 8572

	＜ Contents	＞
						Pages
Notes to DATA BOOK				1
Trend in Actual Results and Estimates (Consolidated)					2
1.	ACOM Group
2.	Balance Sheet				3
3.	Income Statement				4
4.	Segment Information				5
5.	Receivables Outstanding by Segment				6
6.	Number of Customer Accounts by Segment				6
7.	Other Indices				6
Trend in Actual Results and Estimates (Non-consolidated)					7
8.	Balance Sheet
9.	Income Statement				8
10.	Operating Revenue by Segment				9
10-2.	Composition Ratio of Operating Revenue by Segment				9
11.	Operating Expenses				10
11-2.	Ratio of Operating Expenses to Operating Revenue				10
12.	Receivables Outstanding by Segment				11
13.	Number of Customer Accounts				11
14.	Number of Applicants, New Loan Customers and Lending Ratio				12
15.	Number of Loan Business Outlets				12
16.	Automatic Contract Machines				12
17.	ATMs				12
18.	Employees				12
19.	Average Loan Yield				13
20.	Accounts Receivable-operating Loans by Interest Rate [Unsecured Loans for Consumers]				13
20-2.	Number of Accounts by Interest Rate [Unsecured Loans for Consumers]				13
21.	Accounts Receivable-operating Loans by Classified Receivables Outstanding [Unsecured Loans for Consumers]			14
21-2.	Number of Accounts by Classified Receivables Outstanding [Unsecured Loans for Consumers]			14
22.	Composition Ratio of Customer Accounts by Annual Income [Unsecured Loans for Consumers]			15
23.	Composition Ratio of Customer Accounts by Age [Unsecured Loans for Consumers]			15
24.	Composition Ratio of Customer Accounts by Gender [Unsecured Loans for Consumers]			15
25.	Bad Debt Expenses			16
25-2.	Bad Debt Expenses of Unsecured Loans by Reasons				16
26.	Non-performing Loans				17
26-2.	Loans in Arrears for Less Than 3 Months [excluding balance held by headquarters' collection department]		17
27.	Allowance for Doubtful Accounts			17
28.	Provision for Loss on Interest Repayment			17
29.	Funds Procurement			18
30.	Credit Card Business			19
31.	Guarantee Business				19
32.	Financial Ratios				20
33.	Per Share Data			21
34.	Shares Issued			21
Trend in Actual Results and Estimates (Overseas Consolidated Subsidiaries)				22
35.	EASY BUY Public Company Limited
36.	ACOM CONSUMER FINANCE CORPORATION			22

(Reference) Category criteria concerning situations of non-performing loans		23

Notes to DATA BOOK

Notes: 1. Forward Looking Statements

• 2.
• 3.
• 4.
• 5.

• 6.
• 7.
• 8.

The figures contained in this DATA BOOK with respect to ACOM Group's plans and strategies and other statements that are not historical facts are based on information available at the date of announcement of this DATA BOOK. However, there are some potential risk factors in the Group's business management. In particular, the plans formulated by the Company rest on the assumption that the stagnant economic activities on the impact of the spread of COVID-19 will gradually recover. Therefore, the actual results may differ significantly based the converges of COVID-19 infection.

The trend of requests for interest repayment is also highly uncertain, due to its sensitivity to changes in external environmental changes. The Group may have to make additional provision for loss on interest repayment.

Actual results may differ from forecast values due to various risk factors, not limited to those mentioned above.

All amounts less than one million have been truncated. Percentage figures have been as a result of rounding.

The amounts of adjusted per share data have been as a result of rounding.

The total amounts shown in the tables may not necessarily aggregate up with the sums of the individual amounts.

• "-"is shown in results and "yoy" when these amounts, including those less than one million, are zero.
• "0" is shown in results and "yoy" when these amounts exceed zero, but are less than one million.
• "-"is shown in "yoy%" when percentage changes exceed 1,000%.
• "-"is shown in "yoy%," "yoy," and the results when the figures were not disclosed in the past and/or are not currently disclosed.
• "-"is shown in "yoy%," and "yoy" when the figures were not disclosed in the past, thus, cannot be compared.
• Only "yoy" is shown when the results in two terms changed from positive to negative, or from negative to positive.
• Only "yoy" is shown when both results in two terms are negative.
• Only "yoy" is shown when the results in last term exceeded zero, and the results in current term are zero. "(E)" indicates estimates.

"yoy p.p." indicates year on year percentage point.

"C.R." indicates composition ratio.

- 1 -

Trend in Actual Results and Estimates (Consolidated)

1. ACOM Group

Name of company

Incorporated

Capital Stock

Equity owned

by ACOM

Number of employees

Summary of Business

ACOM CO., LTD.

1978/10

63,832 million yen

―

2,106 Loan Business, Credit Card Business and Guarantee Business

[Consolidated Subsidiaries] Domestic: 3 Overseas: 3

	MU Credit Guarantee Co., LTD.	2013/9	300 million yen	100.00 %	79	Guarantee Business
Domestic IR Loan Servicing, Inc.	2000/6	520 million yen	100.00 %	124	Servicing Business (Loan Servicing Business)
	GeNiE Inc.	2022/4	500 million yen*	100.00 %	7	Embedded Finance
	EASY BUY Public Company Limited	1996/9	6,000 million THB	71.00 %	2,700	Unsecured Loan Business and Installment Loan Business in Kingdom of Thailand
Overseas ACOM CONSUMER FINANCE CORPORATION	2017/7	1,500 million PHP	80.00 %	345	Unsecured Loan Business in Republic of the Philippines

ACOM (M) SDN. BHD.

2021/7

15 million RM

100.00 %

8 Money lending service and other related business in Malaysia

Note: Including capital reserve

[Equity-method Affiliate]

MU Communications Co., Ltd.

2007/4

1,020 million yen

23.15 %

－

Contract of Contact Center and Temporary Staffing Business, etc.

- 2 -

Trend in Actual Results and Estimates (Consolidated)

2. Balance Sheet (Consolidated)

																																												( Millions of yen )
																	2023/3															2024/3
				2022/3		2022/6	2022/9	2022/12	2023/3		2023/6		2023/9					2023/12		2024/3
				yoy ％	yoy ％	ytd ％	ytd ％				ytd ％	yoy ％
	Current Assets		1,153,999	0.1		1,168,193		1,209,687		1,199,345		1,205,491	4.5		1,230,943	2.1
		Cash and Deposits			74,242	-10.9			65,102			88,472			71,368			57,666	-22.3			54,356	-5.7
		Accounts Receivable-operating Loans			975,282	-0.2			995,559			1,009,044			1,013,170			1,029,728	5.6			1,054,407	2.4
		Accounts Receivable-installment			88,640	11.6			91,819			95,456			99,993			104,295	17.7			108,894	4.4
		Purchased Receivables			7,988	-5.8			7,771			7,980			7,641			7,630	-4.5			7,843	2.8
		Allowance for Doubtful Accounts			-77,632	-			-79,056			-78,675			-81,148			-83,418	-			-85,571	-
	Noncurrent Assets		109,296	66.2		105,276		99,716		94,400		91,824	-16.0		88,618	-3.5
		Property, Plant and Equipment			12,590	-10.1			12,448			10,695			7,606			7,556	-40.0			7,336	-2.9
		Intangible Assets			7,152	5.1			7,440			7,468			7,623			7,606	6.4			7,529	-1.0
			Goodwill				1,252	-29.3				1,122				993				863				734	-41.4				604	-17.6
			Software				5,856	17.5				6,274				6,431				6,715				6,829	16.6				6,881	0.8
		Investments and Other Assets			89,553	99.2			85,387			81,552			79,170			76,661	-14.4			73,752	-3.8
			Deferred Tax Assets				73,961	149.2				70,026				66,324				63,412				61,637	-16.7				57,954	-6.0
			Allowance for Doubtful Accounts				-737	-				-704				-701				-683				-667	-				-645	-
Total Assets	1,263,296	3.6	1,273,470	1,309,403	1,293,746	1,297,316	2.7	1,319,562	1.7
		Current Liabilities			230,355	31.4			246,119			253,279			235,976			222,491	-3.4			242,790	9.1
			Short-term Loans Payable				15,284	-4.4				28,190				31,743				30,164				18,528	21.2				25,444	37.3
			Commercial Papers				24,999	400.0				39,999				39,997				44,997				34,998	40.0				54,996	57.1
			Current Portion of Long-term Loans Payable				94,429	36.0				121,425				110,356				90,558				104,381	10.5				94,604	-9.4
			Current Portion of Bonds				58,720	9.2				28,680				43,850				43,810				32,600	-44.5				38,685	18.7
			Provision for Loss on Guarantees				8,873	-0.0				8,400				8,831				8,920				9,612	8.3				10,004	4.1
		Noncurrent Liabilities			468,978	-11.3			444,776			450,421			448,820			454,987	-3.0			447,308	-1.7
			Bonds Payable				119,010	-23.6				120,760				109,645				105,527				91,660	-23.0				92,287	0.7
			Long-term Loans Payable				257,899	-16.7				239,531				263,575				272,589				298,857	15.9				297,626	-0.4
			Provision for Loss on Interest Repayment				86,200	51.9				78,697				71,388				64,670				57,723	-33.0				50,633	-12.3
	Total Liabilities		699,333	-0.7		690,895		703,701		684,797		677,478	-3.1		690,099	1.9
		Shareholders' Equity			526,857	9.6			537,185			553,607			557,090			567,683	7.7			573,626	1.0
			Retained Earnings				393,163	8.3				403,491				419,913				423,397				433,990	10.4				439,933	1.4
		Accumulated Other Comprehensive Income			5,023	-1.6			10,897			14,936			13,963			13,403	166.8			16,161	20.6
		Non-controlling Interests			32,082	9.0			34,491			37,158			37,894			38,750	20.8			39,674	2.4
	Total Net Assets		563,963	9.5		582,574		605,702		608,949		619,837	9.9		629,463	1.6
Total Liabilities and Net Assets	1,263,296	3.6	1,273,470	1,309,403	1,293,746	1,297,316	2.7	1,319,562	1.7

Guaranteed Receivables (Off Balance)

1,173,059

0.3

1,181,488

1,189,568

1,194,575

1,212,883

3.4

1,226,817

1.1

- 3 -