Implementation of a debt IR program

Targets and specific measures taken in the fiscal year ended March 31, 2022

By providing ongoing briefings on financial results and business performance for financial institutions and debt IR for institutional investors, while taking into consideration the situation relating to the COVID-19 pandemic, we are working to deepen relationships with stakeholders.

Results of measures taken in the fiscal year ended March 31, 2022

  • With regard to briefings for financial institutions, after considering the COVID-19 situation, we switched from our previous in-person presentations to document-based presentations. By bolstering the depth of information provided in the briefing documentation, distributing briefing materials to each institution, and providing separate briefings, we strove to deepen understanding of JACCS’ financial position.
  • With regard to debt IR for institutional investors, we held meetings via conference calls and web conferencing. Through such meetings, we provided an overview of operating performance and business operations, and briefed investors on JACCS’ financial position.

Planned measures and improvements during the fiscal year ending March 31, 2023

In ongoing consideration of the situation regarding the COVID-19 pandemic, the Company will work to deepen its relationships with correspondent financial institutions and institutional investors, while conducting communications using remote technologies, such as telephone conference calls and web conferencing.

Expansion of IR activities

Targets and specific measures taken in the fiscal year ended March 31, 2022

  • While continuing to take into consideration the COVID-19 situation, we studied and implemented the holding of briefing sessions in a format that would facilitate the participation of a large number of analysts and institutional investors. In addition, we carried out quarterly one-on-one meetings on an ongoing basis.
  • Our previous three-year medium-term business plan, RAISE 2020, concluded in the fiscal year ended March 31, 2021, and we decided to delay the start of our new three-year medium-term business plan by one year in order to closely assess the impact of the COVID-19 pandemic. As a bridge year between these two plans, we worked to clearly explain our strategies and targets. We also strove to provide detailed answers to questions and enquiries from shareholders and investors.
  • With regard to the Annual Report, we expanded non-financial information from an integrated-reporting perspective.
  • With regard to our corporate information web site, we published and communicated a full range of information on the JACCS Group.

Results of measures taken in the fiscal year ended March 31, 2022

  • The briefing on financial results and business performance covering the full fiscal year ended March 31, 2021, was cancelled after taking into consideration the COVID-19 pandemic situation to ensure the health and safety of our stakeholders. In place of this, we published on our corporate web site a video presentation by JACCS President & CEO explaining the briefing materials. With regard to the results for the first half of the fiscal year ended March 31, 2022, we held a hybrid briefing (in-person presentation as well as live streaming), which was aimed at promoting understanding of the Company by shareholders and investors.
  • One-on-one meetings with analysts and institutional investors were held using such non-face-to-face formats as telephone and web conferencing as a precaution against the spread of COVID-19. By providing detailed explanations regarding the impact of the pandemic and operating performance, we strove to promote understanding of the Company among analysts and institutional investors.
  • With regard to results briefing materials, we worked to improve the quality of materials and promote understanding of the Company among analysts and institutional investors. Specifically, we included—on an ongoing basis—pages covering the impact of COVID-19 and the outlook regarding this situation, a review of the three-year medium-term business plan, detailed information on overseas Group companies, and ESG initiatives. This was based on questions received from investors during one-on-one meetings, and the recent investing environment.
  • In the Annual Report, to deepen understanding of the Company, we worked to improve the content through such efforts as enhancing the level of financial, non-financial and ESG information.
  • On JACCS’ corporate information web site, we updated and added information as appropriate, and strove to expand the level of information provided.

Planned measures and improvements during the fiscal year ending March 31, 2023

  • While continuing to consider the situation regarding the COVID-19 pandemic, the Company will examine and implement briefings by utilizing modes that will enable the participation of as many analysts and institutional investors as possible. JACCS also plans to continue to hold one-on-one meetings on a quarterly basis.
  • JACCS launched “MOVE 70”—the Group’s new three-year medium-term business plan—in the fiscal year ending March 31, 2023. Within this plan, to work toward the realization of JACCS’ long-term vision of “establishing JACCS’ position as a leading brand among Asian consumer finance companies,” we have set out a description of how the Group should look in three years time. Specifically, the Group should have an enhanced earnings base in the domestic business that leverages the Group's strengths; an established earnings base in the overseas business capable of driving future growth; a strengthened management structure to accelerate growth in the domestic and overseas businesses; and be promoting ESG management. We will work to clearly explain these key policies aimed at realizing the vision of how the Group should look in three years time, and promote understanding of the Company’s management strategies and initiatives.
  • The Company will work to produce the Annual Report from the viewpoint of providing integrated reporting, and include an enhanced level of non-financial information.
  • JACCS’ corporate web site aims to provide a comprehensive array of information to stakeholders.

Through these activities, we aim to promote understanding of the Company among analysts, institutional investors and individual investors, and thereby enhance the Company’s corporate value.