Credit Saison : Notification Regarding the Revision of Forecast of Business Results for the Full Fiscal Year Ending March 31, 2023 (Consolidated and Non-Consolidated)
February 08, 2023
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February 9, 2023
To all whom it may concern
Company name: Credit Saison Co., Ltd.
Representative: Katsumi Mizuno, Executive President and COO (Code: 8253, Prime Market of the Tokyo Stock Exchange)
Inquiries: Yuka Wakamatsu, General Manager, Public Relations Office
(TEL: +81-3-3982-0700)
Notification Regarding the Revision of Forecast of Business Results for the Full Fiscal Year Ending
March 31, 2023 (Consolidated and Non-Consolidated)
Credit Saison Co., Ltd. (hereinafter: "Credit Saison") have implemented revisions to the forecast of business results for full fiscal year ending March 31, 2023 (consolidated and non-consolidated), which was announced November 10, 2022. See the details below.
1. Revision of Forecast of Full-year Business Results
Revision of Forecast of Consolidated Full-year Business Results for the Fiscal Year Ending March 31, 2023 (April 1, 2022 to March 31, 2023)
Net revenue
Business profit
Profit attributable to
Basic earnings per
owners of the parent
share
Previously announced forecast (A)
¥319,000 million
¥60,500 million
¥40,500 million
¥259.07
Current revised forecast (B)
¥319,500 million
¥69,000 million
¥47,000 million
¥300.65
Amount of increase (B-A)
¥500 million
¥8,500 million
¥6,500 million
Rate of increase (%)
0.2
14.0
16.0
(Reference)
Business results in previous fiscal
¥299,017 million
¥52,336 million
¥35,375 million
¥226.35
year (FY 2022)
Revision of Forecast of Non-consolidatedFull-year Business Results for the Fiscal Year Ending March 31, 2023 (April 1, 2022 to March 31, 2023)
Operating revenue
Operating
Ordinary income
Net income
Earnings per
income
share
Previously announced
¥265,000 million
¥29,500 million
¥40,000 million
¥26,000 million
¥166.23
forecast (A)
Current revised forecast (B)
¥265,000 million
¥33,500 million
¥44,000 million
¥28,500 million
¥182.22
Amount of increase (B-A)
-
¥4,000 million
¥4,000 million
¥2,500 million
Rate of increase (%)
-
13.6
10.0
9.6
(Reference)
Business results in previous
¥252,416 million
¥21,663 million
¥30,421 million
¥21,909 million
¥140.12
fiscal year (FY 2022)
2. Reasons for Revisions
For our non-consolidatedfull-year business results forecast for the fiscal year ending March 31, 2023, the operating income, ordinary income, and net income estimates have all been revised upward from previously issued figures due to initiatives and other actions emphasizing improvement of asset efficiency and cost-effectiveness.
For our consolidated full-year business results forecast for the fiscal year ending March 31, 2023, net revenue, business profit, and profit attributable to the owners of the parent have all been revised upward from previously issued figures due to factors such as the non-consolidated performance conditions, the recent performance of SAISON FUNDEX and Atrium, and gains from the fair value evaluation of owned funds.
Note: The above figures were compiled using assumptions and forecasts that are the basis for future outlooks and plans current as of the date of publication. Actual results may differ from forecast figures due to a wide range of factors.
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Disclaimer
Credit Saison Co. Ltd. published this content on 09 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 February 2023 10:09:06 UTC.
Credit Saison Company specializes in financial services. Net sales break down by activity as follows:
- loan services (74.4%): distribution of credit cards, collection services, etc.;
- financing services (12.8%): loans granting, leasing services, etc.;
- real estate promotion and management (5.9%);
- development of leisure installations (2.8%);
- other (3.7%).
Almost of net sales are in Japan.
Credit Saison : Notification Regarding the Revision of Forecast of Business Results for the Full Fiscal Year Ending March 31, 2023 (Consolidated and Non-Consolidated)