Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
41.3
Year-on-year change (%) (ordinary profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter of the fiscal year ending March 20275 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥13,443 million+3.4%
Operating profit¥2,222 million+41.0%
Ordinary income¥2,228 million+41.3%
Net income¥1,474 million+40.1%
Selling, general and administrative expenses¥7,111 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales49.0%
Operating profit55.6%
Ordinary income55.7%
Interim net income52.7%
What the company explained in this material
New initiatives
- Expanding the user base for the Mitsubishi UFJ Card Plan and extending it to student cards
- Use of post-death administrative services mandate agreements
- Expanding the sales area by leveraging regional bank networks
- Expanding lifestyle-related services starting with YUIPASS
- Expanding tuition fee guarantees
- Expanding API integrations with small-amount, short-term insurance companies
- Providing recovery support plans for disaster victims
Key KPIsA metric the company considers important as a management benchmark.
- ROE34.2 %Year on year against the same period last year+5.7%
- PBR3.8 TimesYear on year against the same period last year+0.2%
- 30-day subrogation rate after early payment deductions0.44 %Year on year against the same period last year+0.1%
- Subrogation payment recovery rate96.47 %Year on year against the same period last year+0.4%
- Adjusted EBITDA margin32.3 %Year on year against the same period last year+0.9%
Number of stores and locations
Number of partner company locations
59,673 sites
Increase from the end of September 20254,455
Number of locations using Z-WEB2.0
22,697 sites
Increase from the end of September 20257,482
Annual Dividend
¥54 per share
Payout ratio
PolicyThe higher of ¥40 or a 50% payout ratio, with progressive dividends
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥13,443 million (YoY +3.4%) |
| Operating profit | ¥2,222 million (YoY +41.0%) |
| Ordinary income | ¥2,228 million (YoY +41.3%) |
| Net income | ¥1,474 million (YoY +40.1%) |
| Selling, general and administrative expenses | ¥7,111 million |
| Progress against full-year forecast | Net Sales 49.0% / Operating profit 55.6% / Ordinary income 55.7% / Interim net income 52.7% |
| Key KPIs | Indicator name ROE / Value 34.2 % / Year on year against the same period last year 5.7 %, Indicator name PBR / Value 3.8 Times / Year on year against the same period last year 0.2 Times, Indicator name 30-day subrogation rate after early payment deductions / Value 0.44 % / Year on year against the same period last year 0.05 %, Indicator name Subrogation payment recovery rate / Value 96.47 % / Year on year against the same period last year 0.42 %, Indicator name Adjusted EBITDA margin / Value 32.3 % / Year on year against the same period last year 0.9 % |
| Number of stores and locations | Number of partner company locations Value 59,673 sites / Increase from the end of September 2025 4,455 sites / Number of locations using Z-WEB2.0 Value 22,697 sites / Increase from the end of September 2025 7,482 sites |
| Annual Dividend | Value ¥54 per share / Interim Not disclosed / End of period Not disclosed |
| Payout ratio | Value Not disclosed / Policy The higher of ¥40 or a 50% payout ratio, with progressive dividends |
| New initiatives | Expanding the user base for the Mitsubishi UFJ Card Plan and extending it to student cards, Use of post-death administrative services mandate agreements, Expanding the sales area by leveraging regional bank networks, Expanding lifestyle-related services starting with YUIPASS, Expanding tuition fee guarantees, Expanding API integrations with small-amount, short-term insurance companies, Providing recovery support plans for disaster victims |
Items this document does not state (18)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterFull-year earnings forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company attributed this to a substantial decrease in selling, general and administrative expenses, despite an increase in cost of sales due to MUFG synergy benefits, expanded sales of the Mitsubishi UFJ Card Plan, and the consolidation, simplification and streamlining of common operations, as well as changes in the cost structure following the introduction of the Card Plan and the smoothing of credit costs.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.