Earnings Presentation for the Interim Period of Fiscal Year Ending March 2027

Key Points of Results

Cumulative 2Q results show improvement, with net sales reaching a record high. Guarantee obligations are at a record high; although the number of bankruptcies remains high, guarantee fee rates are declining. The company is advancing initiatives to develop young talent and expand distribution channels (including expanding partnerships with credit unions and considering a sales partner model), and is working on cost-efficiency improvements including AI utilization. Delays in numerical progress under the mid-term plan have been pointed out, making measures to improve progress important in the current fiscal year.

Outlook and Shareholder Returns

Progress toward the full-year forecasts is generally steady, with ordinary income reaching approximately 49.2% of the full-year forecast. To achieve ROE/ROIC targets, the company emphasizes maintaining flexibility for share buybacks and continuing a progressive dividend. Expanding the use of sales partners and strengthening screening capabilities through AI and data utilization are important growth drivers. As future capital policy, the company plans to continue share buybacks and maintain a dividend payout policy targeting 100%.