Credit Saison (8253) Q2 2025 earnings summary

Executive summary

• Consolidated business profit for 2Q FY2024 reached 40.0 billion yen, up 0.5% year-over-year, achieving 100.5% of the initial plan.

• Net revenue for the first six months rose 12.1% year-over-year to 196.3 billion yen.

• Profit attributable to owners of parent declined 35.4% year-over-year to 28.4 billion yen, with comprehensive income down 69.5%.

• Upward revision of full-year earnings forecast to 80.0 billion yen, up 3.0 billion yen from the initial plan, driven by core business growth.

• New medium-term management plan targets 100.0 billion yen business profit and 9.5% ROE by FY2026.

Financial highlights

• Net revenue for 2Q FY2024 was 196.3 billion yen, up 12.1% year-over-year; business profit was 40.0 billion yen, up 0.5% year-over-year.

• Profit attributable to owners of parent decreased to 28.4 billion yen due to the absence of prior year one-time gains.

• Operating profit for 2Q FY2024 was 20.9 billion yen, up 10.1% year-over-year.

• Ordinary profit reached 25.3 billion yen, up 7.5% year-over-year.

• Revenue increased across payment (+5.8%), finance (+14.1%), and global (+100.8%) segments year-over-year.

Outlook and guidance

• Full-year business profit forecast revised upward to 80.0 billion yen, reflecting improved core business performance.

• Full-year net revenue forecast is 416.0 billion yen (+15.0% year-over-year), with business profit projected at 80.0 billion yen (+11.2%).

• Profit attributable to owners of parent is expected to decrease 24.6% year-over-year to 55.0 billion yen, with basic EPS forecast at 352.49.

• Medium-term plan aims for consolidated business profit of 100.0 billion yen and ROE of 9.5% by FY2026.

• Dividend payout ratio of 30% or more and share buybacks totaling 70.0 billion yen planned for FY2024-26.