Launch of Social Lending Business
First written in FY2016. 14 of 31 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 1 of 7 companies on the "Worse" side.
8 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result, new loans of ¥4,064 million less collections of ¥1,788 million resulted in ¥3,238 million, up 236.5% from the end of the previous fiscal year,」
In the moneylending business, including conventional lending and social lending, new loans of ¥4,064 million were originated, and operating loan receivables amounted to ¥3,238 million, up 236.5% from the end of the previous fiscal year. - FY2026-H1RestatedAnnual report
「Funding demand remains strong among multiple borrowers where profitability, collateral value and other factors are expected to be more than sufficient. We will therefore respond promptly to these needs, including through the social lending business.」
The company continues its policy of responding promptly to funding demand from multiple borrowers by combining the social lending business with its services. - FY2025RestatedAnnual report
「Funding demand remains strong among multiple borrowers where profitability, collateral value and other factors are expected to be sufficient. We will therefore continue working to increase revenue and profit in this business segment, including through the social lending business.」
The company continues its policy of combining the social lending business in serving multiple borrowers to increase revenue and profit in the moneylending business. - FY2025-H1RestatedAnnual report
「Funding demand remains strong among multiple borrowers where profitability, collateral value and other factors are expected to be more than sufficient. We will therefore respond promptly to these needs, including through the social lending business.」
The company continues its policy of responding promptly to funding demand from multiple borrowers by combining social lending with its services. - FY2024RestatedAnnual report
「Funding demand remains strong among multiple borrowers where profitability, collateral value and other factors are expected to be sufficient. We will therefore continue working to increase revenue and profit in this business segment, including through the social lending business.」
The company continues its policy of combining the social lending business in serving multiple borrowers to increase revenue and profit in the moneylending business. - FY2024-Q3RestatedAnnual report
「From the fourth quarter onward, funding demand remains strong among multiple borrowers where profitability, collateral value and other factors are expected to be more than sufficient. We will therefore continue working to increase revenue and profit in this business segment, including through the social lending business.」
The company continues its policy of combining the social lending business in serving multiple borrowers to increase revenue and profit from the fourth quarter onward. - FY2024-Q2RestatedAnnual report
「From the third quarter onward, as funding demand remains strong among multiple borrowers where sufficient profitability and collateral value can be expected, we intend to respond promptly to their needs in conjunction with the social lending business.」
The company continues to combine its social lending business in serving multiple borrowers to meet funding demand from the third quarter onward. No new deal numbers or offering results have been provided. - FY2024-Q1RestatedAnnual report
「From the second quarter onward, as funding demand remains strong among borrowers where sufficient profitability and collateral value can be expected, we intend to increase the balance of loans receivable in conjunction with the social lending business.」
The company continues its policy of increasing the balance of loans receivable by combining it with the social lending business. No new project numbers or solicitation results were provided. - FY2023AdvancedAnnual report
「The number of accounts in the social lending business has been increasing steadily. Through the solicitation of J.LENDING LF64 through LF77, the total amount executed was ¥2.391 billion, contributing to the increase in loans receivable.」
The company executed solicitations for J.LENDING LF64 through LF77, with the total amount of ¥2.391 billion contributing to the increase in loans receivable. The number of accounts and project track record continue to expand. - FY2023-Q3Decrease in the balance of loans receivable due to collections and transfers exceeding new lendingAnnual report
「During the first nine months of the current consolidated fiscal year, loans receivable amounted to ¥5.107 billion, reflecting new lending of ¥2.872 billion and collections and transfers of ¥3.676 billion, down 13.6% from the end of the previous fiscal year. From the fourth quarter onward, as funding demand remains strong among multiple borrowers where sufficient profitability and collateral value can be expected, we will work to increase revenue and profit in this business segment, including through the social lending business.」
Collections and transfers of ¥3.676 billion exceeded new lending of ¥2.872 billion, resulting in a loans receivable balance of ¥5.107 billion, down 13.6% from the end of the previous fiscal year. Meanwhile, the company continues its policy of combining social lending from the fourth quarter onward to increase revenue and profit. - FY2023-Q2Decrease in the balance of loans receivable due to collections and transfers exceeding new lendingAnnual report
「During the first six months of the current consolidated fiscal year, loans receivable amounted to ¥5.406 billion, reflecting new lending of ¥2.053 billion and collections and transfers of ¥2.557 billion, down 8.5% from the end of the previous fiscal year. From the third quarter onward, as funding demand remains strong among multiple borrowers where sufficient profitability and collateral value can be expected, we intend to respond promptly to their needs in conjunction with the social lending business.」
Collections and transfers exceeded new lending, resulting in a loans receivable balance of ¥5.406 billion, down 8.5% from the end of the previous fiscal year. Meanwhile, the company continues its policy of responding to funding demand from multiple borrowers by combining social lending from the third quarter onward. - FY2023-Q1Decrease in balance due to collections exceeding new lending and other factorsAnnual report
「From the second quarter onward, as funding demand remains strong among borrowers where sufficient profitability and collateral value can be expected, we intend to increase the balance of loans receivable in conjunction with the social lending business.」
The company continues its policy of increasing the balance of loans receivable from the second quarter onward. In the first quarter, however, collections of ¥1.147 billion exceeded new lending of ¥970 million, resulting in a balance of ¥5.134 billion, down 13.1% from the end of the previous fiscal year. - FY2022AdvancedAnnual report
「The increase in loans receivable was supported by the steady growth in the number of accounts in the social lending business. The total amount from solicitation through execution of J.LENDING LF33 through LF63 was ¥3.484 billion, contributing to the increase in loans receivable.」
The company executed projects from J.LENDING LF33 through LF63, with the total amount of ¥3.484 billion contributing to the increase in loans receivable. The expansion of social lending projects and accounts is continuing. - FY2022-Q3AdvancedAnnual report
「During the first nine months of the current consolidated fiscal year, loans receivable amounted to ¥6.126 billion, up 86.4% from the end of the previous fiscal year, reflecting new lending of ¥7.773 billion and collections of ¥4.935 billion. From the fourth quarter onward, as funding demand remains strong among multiple borrowers where sufficient profitability and collateral value can be expected, we will work to increase revenue and profit in this business segment, including through the social lending business.」
Loans receivable increased to ¥6.126 billion through new lending of ¥7.773 billion and collections of ¥4.935 billion. The company stated that from the fourth quarter onward it would combine the social lending business in responding to multiple borrowers and seek to increase revenue and profit. - FY2022-Q2AdvancedAnnual report
「During the first six months of the current consolidated fiscal year, loans receivable amounted to ¥5.049 billion, up 53.6% from the end of the previous fiscal year, reflecting new lending of ¥4.562 billion and collections of ¥2.8 billion. From the third quarter onward, as funding demand remains strong among multiple borrowers where sufficient profitability and collateral value can be expected, we intend to respond promptly to their needs in conjunction with the social lending business.」
Loans receivable increased to ¥5.049 billion through new lending of ¥4.562 billion and collections of ¥2.8 billion. The company stated that from the third quarter onward it would continue responding to multiple borrowers by combining social lending. - FY2022-Q1AdvancedAnnual report
「From the second quarter onward, as funding demand remains strong among borrowers where sufficient profitability and collateral value can be expected, we intend to increase the balance of loans receivable in conjunction with the social lending business.」
The company continues its policy of combining the social lending business and increasing the balance of loans receivable from the second quarter onward. Loans receivable increased to ¥4.388 billion, reflecting new lending of ¥2.625 billion and collections of ¥1.474 billion, among other factors. - FY2021AdvancedAnnual report
「The increase in loans receivable was supported by the steady growth in the number of accounts in the social lending business and the solicitation and execution of J.LENDING LF21 through LF30, which contributed to the increase in loans receivable.」
The company solicited J.LENDING LF21 through LF30 projects, contributing to increases in both the number of accounts and loans receivable. - FY2021-Q3AdvancedAnnual report
「The increase in loans receivable was supported by the steady growth in the number of accounts in the social lending business and the solicitation and execution of J.LENDINGLF21 through 25, which contributed to the increase in loans receivable.」
The company solicited and executed J.LENDINGLF21 through 25 projects through social lending, contributing to an increase in loans receivable alongside the growth in the number of accounts. - FY2021-Q2RestatedAnnual report
「From the third quarter onward, as funding demand remains strong among multiple borrowers where sufficient profitability and collateral value can be expected, we intend to respond to this demand in conjunction with the social lending business.」
The company continues its policy of responding to funding demand from multiple borrowers by combining it with the social lending business. - FY2021-Q1RaisedAnnual report
「From the second quarter onward, as funding demand is strong among borrowers where sufficient profitability and collateral value can be expected, we intend to increase the balance of loans receivable to the target level set out in the Second Medium-Term Management Plan, in conjunction with the social lending business.」
The company explicitly stated its policy of combining social lending and increasing the balance of loans receivable to the target level in the Second Medium-Term Management Plan. No specific target figure was provided. - FY2020RestatedAnnual report
「In addition, we will leverage our experience gained in the lending business to expand into social lending, increase the number of projects that appeal to investors, and expand the business.」
The company continues its policy of expanding into social lending and increasing the number of projects by drawing on its lending business experience. No results for newly completed projects were reported. - FY2020-Q3AdvancedAnnual report
「The number of accounts in the social lending business has also been increasing steadily, and during the third quarter of the current consolidated fiscal year we solicited 3 projects, J.LENDING-LF8 through 10. Each project reached its total offering amount and was fully funded within a short period. As multiple borrowers with strong funding demand are expected from the current fiscal year onward, we will carefully assess profitability, collateral value and other factors and work to increase revenue and profit in this business segment, including through the social lending business.」
In addition to the increase in accounts, the company solicited 3 projects, J.LENDING-LF8 through 10, all of which were fully funded within a short period. It also stated its policy of combining social lending for multiple borrowers while carefully assessing profitability and collateral value. - FY2020-Q2RaisedAnnual report
「From the third quarter onward, as funding demand remains strong among multiple borrowers where sufficient profitability and collateral value can be expected, we intend to respond to this demand in conjunction with the social lending business.」
While continuing its policy of responding to funding demand by combining it with social lending, the company has specified that the target borrowers will be multiple borrowers and that the response will begin in the third quarter and thereafter. - FY2020-Q1RestatedAnnual report
「As demand for funds is strong among borrowers where sufficient profitability and collateral value can be expected, we intend to respond to this demand in conjunction with the social lending business.」
The company reconfirmed its policy of responding to funding demand from borrowers with expected profitability, collateral value and recoverability by combining it with the social lending business. No newly completed project was reported. - FY2019RestatedAnnual report
「In addition, we will leverage our experience gained in the lending business to expand into social lending, increase the number of projects that appeal to investors, and expand the business.」
The company reconfirmed its policy of expanding into social lending and increasing the number of projects by drawing on its lending business experience, but provided no results for newly completed projects. - FY2018-Q1RestatedAnnual report
「In the lending business, the third social lending project operated by our subsidiary JALCO is progressing smoothly.」
The company reconfirmed that the third project was progressing smoothly, but provided no specific progress, such as the completion or amount of a new project. - FY2017AdvancedAnnual report
「Following the first project in December 2015, which had a target offering of ¥200 million and was fully funded, and the second project in June 2016, which had a target offering of ¥140 million and was fully funded, solicitation for the third project began on 14 February 2017. On 22 February 2017, the project was fully funded with ¥123 million invested by 33 investors, including 6 corporate investors.」
Following the first and second projects, the third project was fully funded with ¥123 million from 33 investors, adding to the project track record. - FY2017-Q3RestatedAnnual report
「In the lending business, our subsidiary JALCO, hereinafter referred to as “JALCO,” completed registration as a Type II Financial Instruments Business Operator (Kanto Local Finance Bureau Director (Kinsho) No. 2871) in November 2015 and launched a new financial intermediary service, or social lending service. For each project, the service solicits an unspecified number of investors (lenders) through its website and lends the funds to businesses (borrowers). Following the first project in December 2015, which had a target offering of ¥200 million and was fully funded, solicitation for the second project began on 20 June 2016. On 11 July 2016, the project was fully funded with ¥140 million invested by 41 investors, including 6 corporate investors.」
The company is reiterating the fully funded results of the first and second projects and does not indicate any new project or change in the business model this time. - FY2017-Q2RestatedAnnual report
「In the lending business, our subsidiary JALCO, hereinafter referred to as “JALCO,” completed registration as a Type II Financial Instruments Business Operator (Kanto Local Finance Bureau Director (Kinsho) No. 2871) in November 2015 and launched a new financial intermediary service, or social lending service. For each project, the service solicits an unspecified number of investors (lenders) through its website and lends the funds to businesses (borrowers). Following the first project in December 2015, which had a target offering of ¥200 million and was fully funded, solicitation for the second project began on 20 June 2016. On 11 July 2016, the project was fully funded with ¥140 million invested by 41 investors, including 6 corporate investors.」
The company is reiterating the fully funded results of the second project and does not indicate any new project or change in the business model. - FY2017-Q1AdvancedAnnual report
「In the lending business, our subsidiary JALCO, hereinafter referred to as “JALCO,” completed registration as a Type II Financial Instruments Business Operator (Kanto Local Finance Bureau Director (Kinsho) No. 2871) in November 2015 and launched a new financial intermediary service, or social lending service. For each project, the service solicits an unspecified number of investors (lenders) through its website and lends the funds to businesses (borrowers). Following the first project in December 2015, which had a target offering of ¥200 million and was fully funded, solicitation for the second project began on 20 June 2016. On 11 July 2016, the project was fully funded with ¥140 million invested by 41 investors, including 6 corporate investors.」
Following the first project, the second project was fully funded with ¥140 million from 41 investors, adding to the social lending business’s project track record. - FY2016First statedAnnual report
「In November 2015, our subsidiary JALCO completed registration as a Type II Financial Instruments Business Operator (Kanto Local Finance Bureau Director (Kinsho) No. 2871) and launched a new financial intermediary service, or social lending service. For each project, the service solicits an unspecified number of investors (lenders) through its website and lends the funds to businesses (borrowers). Solicitation for the first project began on 11 December 2015, and the project was fully funded with ¥200 million invested by 36 investors, including 4 corporate investors, on 7 January 2016.」
After completing registration as a Type II Financial Instruments Business Operator, the company launched a new business, and its first project was fully funded with ¥200 million from 36 investors.