Acom : Annual(1094KB)

The Fiscal Year Ended March, 2023

ACOM CO., LTD.

May 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

―

2,071 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 %	121	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 %	2,731	Unsecured Loan Business and Installment Loan Business in Kingdom of Thailand
Overseas ACOM CONSUMER FINANCE CORPORATION	2017/7	1,500 million PHP	80.00 %	323	Unsecured Loan Business in Republic of the Philippines

ACOM (M) SDN. BHD.

2021/7

2 million RM

100.00 %

―

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 )
																	2022/3															2023/3
				2021/3		2021/6	2021/9	2021/12	2022/3		2022/6		2022/9					2022/12		2023/3
				yoy ％	yoy ％	ytd ％	ytd ％				ytd ％	yoy ％
	Current Assets		1,153,346	-4.9		1,148,565		1,143,147		1,119,630		1,153,999	0.1		1,168,193	1.2		1,209,687	4.8				1,199,345	3.9		1,205,491	4.5
		Cash and Deposits			83,323	0.9			70,353			71,162			59,024			74,242	-10.9			65,102	-12.3			88,472	19.2				71,368	-3.9			57,666	-22.3
		Accounts Receivable-operating Loans			977,152	-6.2			981,248			973,635			963,330			975,282	-0.2			995,559	2.1			1,009,044	3.5				1,013,170	3.9			1,029,728	5.6
		Accounts Receivable-installment			79,423	4.9			81,436			83,358			86,016			88,640	11.6			91,819	3.6			95,456	7.7				99,993	12.8			104,295	17.7
		Purchased Receivables			8,477	-7.7			7,948			7,850			7,669			7,988	-5.8			7,771	-2.7			7,980	-0.1				7,641	-4.3			7,630	-4.5
		Allowance for Doubtful Accounts			-77,428	-			-75,531			-76,733			-81,404			-77,632	-			-79,056	-			-78,675	-				-81,148	-			-83,418	-
	Noncurrent Assets		65,763	-4.7		63,284		62,971		62,109		109,296	66.2		105,276	-3.7		99,716	-8.8				94,400	-13.6		91,824	-16.0
		Property, Plant and Equipment			13,998	-7.6			13,847			14,094			12,540			12,590	-10.1			12,448	-1.1			10,695	-15.1				7,606	-39.6			7,556	-40.0
		Intangible Assets			6,803	-9.8			6,726			6,895			7,149			7,152	5.1			7,440	4.0			7,468	4.4				7,623	6.6			7,606	6.4
			Goodwill				1,770	-27.3				1,640				1,511				1,381				1,252	-29.3				1,122	-10.3				993	-20.7				863	-31.0				734	-41.4
			Software				4,984	-1.4				5,041				5,340				5,723				5,856	17.5				6,274	7.1				6,431	9.8				6,715	14.7				6,829	16.6
		Investments and Other Assets			44,960	-2.9			42,710			41,981			42,420			89,553	99.2			85,387	-4.7			81,552	-8.9				79,170	-11.6			76,661	-14.4
			Deferred Tax Assets				29,677	-12.3				27,735				27,292				27,075				73,961	149.2				70,026	-5.3				66,324	-10.3				63,412	-14.3				61,637	-16.7
			Allowance for Doubtful Accounts				-900	-				-860				-836				-813				-737	-				-704	-				-701	-				-683	-				-667	-
Total Assets	1,219,109	-4.9	1,211,850	1,206,119	1,181,740	1,263,296	3.6	1,273,470	0.8	1,309,403	3.6				1,293,746	2.4	1,297,316	2.7
		Current Liabilities			175,271	-19.1			184,053			166,799			186,110			230,355	31.4			246,119	6.8			253,279	10.0				235,976	2.4			222,491	-3.4
			Short-term Loans Payable				15,992	4.3				19,694				18,298				12,605				15,284	-4.4				28,190	84.4				31,743	107.7				30,164	97.4				18,528	21.2
			Commercial Papers				5,000	-83.3				4,000				4,000				4,000				24,999	400.0				39,999	60.0				39,997	60.0				44,997	80.0				34,998	40.0
			Current Portion of Long-term Loans Payable				69,416	-23.8				65,940				63,653				88,385				94,429	36.0				121,425	28.6				110,356	16.9				90,558	-4.1				104,381	10.5
			Current Portion of Bonds				53,760	11.9				67,700				53,760				56,500				58,720	9.2				28,680	-51.2				43,850	-25.3				43,810	-25.4				32,600	-44.5
			Provision for Loss on Guarantees				8,876	-6.3				9,000				8,842				9,024				8,873	-0.0				8,400	-5.3				8,831	-0.5				8,920	0.5				9,612	8.3
		Noncurrent Liabilities			528,710	-15.2			494,503			488,709			446,113			468,978	-11.3			444,776	-5.2			450,421	-4.0				448,820	-4.3			454,987	-3.0
			Bonds Payable				155,800	-20.6				125,930				142,360				138,150				119,010	-23.6				120,760	1.5				109,645	-7.9				105,527	-11.3				91,660	-23.0
			Long-term Loans Payable				309,431	-7.2				312,293				298,188				259,851				257,899	-16.7				239,531	-7.1				263,575	2.2				272,589	5.7				298,857	15.9
			Provision for Loss on Interest Repayment				56,741	-35.2				49,707				41,563				41,800				86,200	51.9				78,697	-8.7				71,388	-17.2				64,670	-25.0				57,723	-33.0
	Total Liabilities		703,981	-16.2		678,557		655,508		632,223		699,333	-0.7		690,895	-1.2		703,701	0.6				684,797	-2.1		677,478	-3.1
		Shareholders' Equity			480,578	17.3			495,800			515,026			517,763			526,857	9.6			537,185	2.0			553,607	5.1				557,090	5.7			567,683	7.7
			Retained Earnings				362,991	24.3				362,106				381,332				384,069				393,163	8.3				403,491	2.6				419,913	6.8				423,397	7.7				433,990	10.4
		Accumulated Other Comprehensive Income			5,105	-11.6			7,310			5,131			2,123			5,023	-1.6			10,897	116.9			14,936	197.3				13,963	177.9			13,403	166.8
		Non-controlling Interests			29,443	8.4			30,181			30,452			29,630			32,082	9.0			34,491	7.5			37,158	15.8				37,894	18.1			38,750	20.8
	Total Net Assets		515,128	16.4		533,292		550,610		549,517		563,963	9.5		582,574	3.3		605,702	7.4				608,949	8.0		619,837	9.9
Total Liabilities and Net Assets	1,219,109	-4.9	1,211,850	1,206,119	1,181,740	1,263,296	3.6	1,273,470	0.8	1,309,403	3.6				1,293,746	2.4	1,297,316	2.7

Guaranteed Receivables (Off Balance)

1,170,094

-5.1

1,166,618

1,165,748

1,163,645

1,173,059

0.3

1,181,488

0.7

1,189,568

1.4

1,194,575

1.8

1,212,883

3.4

- 3 -