Credit Saison Co ( (CSASF) ) has released its Q2 earnings. Here is a breakdown of the information Credit Saison Co presented to its investors.
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Credit Saison Co., Ltd. is a prominent financial services company based in Tokyo, primarily engaged in offering payment, lease, finance, real estate-related, global, and entertainment services.
In its latest earnings report for the first six months of the fiscal year ending March 31, 2025, Credit Saison reported a mixed financial performance. While net revenue saw a 12.1% year-on-year increase, reaching 196,326 million yen, other profitability metrics such as profit before tax and profit attributable to owners of the parent experienced significant declines.
Key financial highlights include a slight improvement in business profit by 0.5% to 40,005 million yen. However, profit before tax dropped by 29.6% to 41,781 million yen, and profit attributable to owners of the parent decreased by 35.4% to 28,445 million yen. This decline in profitability is largely attributed to increased financial costs and reduced income from equity method investments.
Despite these challenges, Credit Saison remains committed to its annual dividend projection of 105 yen per share. The company is also undergoing strategic adjustments, including stock buybacks, which are expected to impact the basic earnings per share for the fiscal year.
Looking ahead, the management’s forecast for fiscal 2024 anticipates a 15% increase in net revenue to 416,000 million yen, with business profit expected to rise by 11.2%. However, profit attributable to owners of the parent is projected to decrease by 24.6%, reflecting the company’s cautious outlook amidst ongoing market uncertainties.
