Growth in Transaction Volume and Operating Loan Receivables in the Digital Finance Business
First written in FY2018. 5 of 19 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024Policy for Renewed Growth from 2025 OnwardAnnual report
「Over the past 5 years, new lending was restrained and efforts focused on collections in all countries of operation as part of conservative risk management, due to the COVID-19 pandemic and the large-scale litigation involving Group Lease PCL., which operates this business, among other factors. As a result, operating loans decreased and cash and deposits increased, while both revenue and segment profit continued to decline. Going forward, the company has begun a new phase of renewed growth based on conditions by country and product.」
After explaining the circumstances behind the continued decline in operating loans and focus on collections, the company indicated a shift in direction toward renewed growth based on conditions by country and product. - FY2023-Q3AdvancedAnnual report
「In Myanmar and Sri Lanka, direct lending to individuals, as well as leasing, is a core business. Demand in this area is currently firm, and lending is increasing as the business begins to perform well.」
The Digital Finance business showed signs of increased lending and improving performance through direct lending to individuals in Myanmar and Sri Lanka, in addition to its traditional leasing business. - FY2022Beginning of new growthAnnual report
「Over the past 5 years, new lending was restrained and efforts focused on collections in all countries of operation as part of conservative risk management, due to the COVID-19 pandemic and the large-scale litigation involving Group Lease PCL., which operates this business, among other factors. As a result, operating loans decreased and cash and deposits increased, while both revenue and segment profit continued to decline. In 2022, the company began a new phase of renewed growth based on conditions by country and product.」
The company explained that in 2022 it began renewed growth based on conditions by country and product, after a period of continued operating loan contraction and a focus on collections. - FY2022-Q3AdvancedAnnual report
「Operating loans have clearly expanded in Cambodia, where political and economic conditions are relatively stable, and have also begun to increase in some businesses in Thailand.」
The shift away from shrinking operating loans and focusing on collections showed differing regional progress, with clear expansion in Cambodia and the start of growth in some businesses in Thailand. - FY2022-Q2Beginning of a shift from a collections-focused approach toward expanding lending and the portfolioAnnual report
「The Group has reached the stage of gradually shifting from a policy focused on collecting operating loans to gradually extending loans and expanding the portfolio.」
The company explained that it had begun gradually shifting from shrinking operating loans and focusing on collections toward resuming lending and expanding the portfolio. - FY2022-Q1Continued decline in operating loans and increase in cashAnnual report
「As a result, operating loans decreased and cash and deposits increased, while both revenue and segment profit declined.」
In the Digital Finance business, operating loans continued to decrease and cash and deposits to increase as new lending was restrained and efforts focused on collections. - FY2021ReframedAnnual report
「Digital Finance business 6,157,133 thousand yen 47.63 — —」
Transaction volume in the Digital Finance business was 47.63% of the previous year, while the period-end operating loan balance was no longer reported in the consolidated figures following the exclusion from consolidation. - FY2021-Q3Further decline in the operating loan balanceAnnual report
「Current assets decreased by ¥5.748 billion to ¥25.247 billion. The main component was a ¥4.572 billion decrease in operating loans, among other factors.」
The operating loan balance decreased by ¥4.572 billion, from ¥24.876 billion at the end of the previous consolidated fiscal year to ¥20.304 billion, and the balance continued to shrink. - FY2021-Q2Further decline in the operating loan balanceAnnual report
「Current assets decreased by ¥3.865 billion to ¥27.130 billion. The main components were a ¥1.660 billion decrease in cash and deposits and a ¥2.066 billion decrease in operating loans, among other factors.」
The operating loan balance decreased by ¥2.066 billion, from ¥24.876 billion at the end of the previous fiscal year to ¥22.810 billion, and continued to shrink. - FY2021-Q1Further decline in the operating loan balanceAnnual report
「The main components were a ¥1.282 billion increase in cash and deposits and a ¥1.331 billion decrease in operating loans, among other factors.」
The operating loan balance decreased by ¥1.331 billion, from ¥24.876 billion at the end of the previous fiscal year to ¥23.545 billion, and the balance continued to shrink. - FY2020Further decline in transaction volume and operating loan balance in the Digital Finance businessAnnual report
「Digital Finance business 12,926,490 thousand yen 66.96 24,876,939 84.89」
Full-year transaction volume was ¥12.926 billion, or 66.96% of the previous year, while the period-end operating loan balance was ¥24.876 billion, or 84.89% of the previous year. Both transaction volume and the balance decreased. - FY2020-Q3Widening decline in the operating loan balanceAnnual report
「Current assets decreased by ¥2.351 billion to ¥32.238 billion. The main component was a ¥2.327 billion decrease in operating loans, among other factors.」
The operating loan balance decreased by ¥2.327 billion, from ¥29.305 billion at the end of the previous fiscal year to ¥26.978 billion, and the decline widened from the cumulative figure as of the previous quarter. - FY2020-Q2Operating loan balance declines againAnnual report
「Current assets decreased by ¥863 million to ¥33.726 billion. The main component was a ¥741 million decrease in operating loans, among other factors.」
Following the expansion in operating loans seen in the first quarter, the balance had decreased by ¥741 million from the end of the previous fiscal year as of the end of the second quarter. - FY2020-Q1AdvancedAnnual report
「Current assets increased by ¥1.150 billion to ¥35.740 billion. The main components were a ¥592 million increase in cash and deposits and a ¥515 million increase in operating loans, among other factors.」
Operating loans, which had declined through the previous consolidated fiscal year, increased by ¥515 million in the first quarter. This indicated a move toward rebuilding the loan balance, away from the policy of reducing loans in connection with litigation. - FY2019Further decline in transaction volume and period-end balanceAnnual report
「Digital Finance business 19,304,315 thousand yen 92.99 29,305,201 88.64」
Full-year transaction volume in the Digital Finance business was ¥19.304 billion, or 92.99% of the previous year, while the period-end operating loan balance was ¥29.305 billion, or 88.64% of the previous year. Both decreased. - FY2019-Q3Further decline in the operating loan balanceAnnual report
「The main components were a ¥2.974 billion increase in cash and deposits and a ¥3.021 billion decrease in operating loans, among other factors.」
The operating loan balance decreased by ¥3.021 billion, from ¥33.060 billion at the end of the previous consolidated fiscal year to ¥30.038 billion. The balance continued to decline rather than expand. - FY2019-Q2AdvancedAnnual report
「Current assets decreased by ¥25 million to ¥39.812 billion. The main components were an ¥1.846 billion increase in cash and deposits and a ¥1.598 billion decrease in operating loans, among other factors.」
The operating loan balance decreased by ¥1.598 billion, from ¥33.060 billion at the end of the previous fiscal year to ¥31.462 billion, and the decline widened. - FY2019-Q1Decrease in Operating Loans OutstandingAnnual report
「The main components were a ¥970 million decrease in operating loans, among other factors.」
The Digital Finance business's operating loan balance decreased from ¥33.060 billion at the end of the previous consolidated fiscal year to ¥32.090 billion. - FY2018First statedAnnual report
「Digital Finance business: ¥20,758,529 thousand; 104.8; ¥33,060,845 thousand; 106.6.」
Annual transaction volume in the Digital Finance business was ¥20,758 million, or 104.8% of the prior year, while year-end operating loan receivables were ¥33,061 million, or 106.6%.