Financial Highlights

In the domestic business, operating revenue increased, driven by auto loans and housing loans, as in the previous fiscal year. However, ordinary profit decreased due to higher financial expenses resulting from rising interest rates and increased selling, general and administrative (SG&A) expenses, including system-related expenses. In our overseas business, operating revenues decreased mainly due to a review of the product lineup in Indonesia, which led to lower transaction volume and a smaller build-up of receivables. While the loss narrowed due to various cost-control measures, the business did not return to profitability and posted an ordinary loss.
As a result, although consolidated operating revenue was 192,315 million yen (up 0.7% from the previous fiscal year), consolidated operating expenses increased from the previous fiscal year to 171,900 million yen (up 4.0% from the previous fiscal year), resulting in consolidated ordinary profit of 20,258 million yen (down 21.4% from the previous fiscal year) and net profit attributable to owners of parent of 15,314 million yen (down 17.8% from the previous fiscal year).