Credit Saison (8253) Q3 2025 earnings summary

Executive summary

• FY2024 3Q net revenue rose 16.6% to 313.4 billion yen, with business profit up 30% to 79.9 billion yen; profit attributable to owners declined 7.2% to 57.6 billion yen.

• Growth was driven by core businesses, real estate, and global expansion, with special gains from COVID-19 allowance reversals.

• The medium-term management plan is progressing, supporting future growth and a stable dividend policy.

Financial highlights

• Total assets increased to 4,720.4 billion yen as of December 31, 2024; total equity attributable to owners rose to 715.6 billion yen, with an equity ratio of 15.2%.

• Cash and cash equivalents rose to 128.9 billion yen; bonds and borrowings increased to 3,439.1 billion yen.

• Non-consolidated operating profit was 39.2 billion yen, up 21.7% year-over-year; ordinary profit was 46.8 billion yen, up 15.6%.

• Special allowance reversal contributed 6.8 billion yen to profit; excluding this, business profit was 73 billion yen.

Outlook and guidance

• FY2024 net revenue is forecast at 416 billion yen, up 15%; business profit projected at 80 billion yen, up 11.2%.

• Profit attributable to owners is expected to decline 24.6% to 55 billion yen; basic EPS forecast at 361.35 yen.

• Year-end dividend forecast raised by 5 yen to 110 yen per share, targeting a payout ratio of at least 30%.

• Full-year earnings forecast remains unchanged despite some uncertainty.