Komori
Credit Saison (8253) · InitiativeRestated

Business structure reform and organizational integration of the servicing business

First written in FY2016. 10 of 15 entries say "Restated". Latest entry: FY2021-Q1.

15entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2020-Q1OtherFY2020-Q3 – FY2021-Q12016: 320162017: 320172018: 420182019: 320192020: 22020
Same theme, other companies
Transition from a pure holding company to an operating holding companyA theme 8 companies write about · 0 as a headwind · 9 as a tailwind

1 other company's latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2021-Q1RestatedAnnual report

    「The servicer business, which primarily handles the collection of small unsecured receivables and other claims on an outsourced basis, is working to expand debt collection and related services for client companies in its core business process outsourcing segment.」

    The policy of operating the business to expand debt collection and related services for client companies continues.
  2. FY2020-Q3Recovery to higher revenue and profitAnnual report

    「The company’s main business is servicing small unsecured receivables and other claims. Net revenue increased as a result of expanded debt collection and related services for client companies in the core business process outsourcing segment, resulting in higher profit across the segment.」

    The disclosure has returned from the previous quarter’s description of lower profit caused by front-loaded infrastructure-related expenses to a description of higher net revenue and profit resulting from expanded entrusted collections.
  3. FY2020-Q2WorsenedAnnual report

    「The company’s main business is servicing small unsecured receivables and other claims. Although net revenue increased as a result of expanded debt collection and related services for client companies in the core business process outsourcing segment, expenses for staffing and other infrastructure needed to expand operating volumes were incurred ahead of the related revenue, resulting in lower profit across the segment.」

    Net revenue increased as a result of expanded debt collection for client companies, but expenses for staffing and other infrastructure were incurred ahead of the related revenue, resulting in lower profit across the business.
  4. FY2020-Q1RestatedAnnual report

    「The company’s main business is servicing small unsecured receivables and other claims. Net revenue increased as a result of expanded debt collection and related services for client companies in the core business process outsourcing segment, resulting in higher profit across the segment.」

    For the servicing business centred on entrusted collections, higher revenue and profit resulting from expanded debt collection for client companies have continued.
  5. FY2019-Q3RestatedAnnual report

    「The company’s main business is servicing small unsecured receivables and other claims. Revenue increased as a result of expanded debt collection and related services for client companies in the core business process outsourcing segment, resulting in higher profit across the segment.」

    For the servicing business, higher revenue and profit resulting from expanded debt collection and related services for client companies have continued.
  6. FY2019-Q2RestatedAnnual report

    「The company’s main business is servicing small unsecured receivables and other claims. Revenue increased as a result of expanded debt collection and related services for client companies in the core business process outsourcing segment, resulting in higher profit across the segment.」

    The servicing business continues to report higher revenue and profit resulting from expanded debt collection and related services for client companies.
  7. FY2019-Q1RestatedAnnual report

    「The company’s main business is servicing small unsecured receivables and other claims. Revenue increased as a result of expanded debt collection and related services for client companies in the core business process outsourcing segment, resulting in higher profit across the segment.」

    The disclosure continues to describe higher revenue and profit in the servicing business resulting from expanded debt collection and related services for client companies.
  8. FY2018RestatedAnnual report

    「The company’s main businesses are servicing small unsecured receivables and other claims and purchasing receivables. Against a backdrop of a gradual economic recovery supported by improved corporate performance and employment and income conditions, transaction volumes and collection amounts increased as a result of an increase in new business partners, improved collection skills and other factors, resulting in higher profit across the segment.」

    The disclosure describes increased transaction volumes and collection amounts resulting from an increase in new business partners and improved collection skills, based on entrusted collections and receivables purchases.
  9. FY2018-Q3RestatedAnnual report

    「The company’s main businesses are servicing small unsecured receivables and other claims and purchasing receivables. As transaction volumes and collection amounts increased amid changes in the business environment for business partners and customers resulting from continued improvements in employment and income conditions, profit increased across the segment.」

    For the servicing business, the disclosure continues to describe increased transaction volumes and collection amounts, based on entrusted collections and receivables purchases, together with higher profit.
  10. FY2018-Q2RestatedAnnual report

    「The company’s main business is servicing small unsecured receivables and other claims. Revenue increased as a result of expanded debt collection and related services for client companies in the core business process outsourcing segment, resulting in higher profit across the segment.」

    The disclosure continues to describe higher revenue and profit resulting from expanded debt collection and related services for client companies.
  11. FY2018-Q1RestatedAnnual report

    「The company’s main business is servicing small unsecured receivables and other claims. Revenue increased as a result of expanded debt collection and related services for client companies in the core business process outsourcing segment, resulting in higher profit across the segment.」

    For the servicing business, the disclosure continues to describe expanded debt collection and related services for client companies, together with higher profit.
  12. FY2017-Q3RestatedAnnual report

    「The company’s main business is servicing small unsecured receivables and other claims. Revenue increased as a result of expanded debt collection for client companies in the core business process outsourcing segment, while costs declined following business-structure reforms and other measures, resulting in higher profit across the segment.」

    The disclosure continues to describe expanded debt collection for client companies, together with lower costs and higher profit resulting from business-structure reforms.
  13. FY2017-Q2AdvancedAnnual report

    「Revenue increased as a result of expanded debt collection for client companies in the core business process outsourcing segment and an increase in clients in the research business. In addition, costs declined following business-structure reforms and other measures, resulting in higher profit across the segment.」

    The disclosure describes higher revenue from an increase in clients, along with lower costs and higher profit resulting from business-structure reforms.
  14. FY2017-Q1AdvancedAnnual report

    「Revenue declined due in part to the impact of bringing debt collection for client companies in the core business process outsourcing segment in-house, but profit increased across the segment as costs declined following business-structure reforms and other measures.」

    The effects of the post-reorganisation business-structure reforms, including lower costs and higher profit across the business, were described.
  15. FY2016First statedAnnual report

    「JPN Holdings Co., Ltd., an intermediate pure holding company for the business, was absorbed in a merger effective 31 January 2016, with its business subsidiary, Human Plus Co., Ltd., as the surviving company, in order to abolish the pure holding company structure and expand the business. Human Plus Co., Ltd., which became an operating holding company, changed its corporate name to Saison Personal Plus Co., Ltd. effective 1 April 2016.」

    The organisation was restructured by abolishing the pure holding company structure and carrying out an absorption-type merger with the operating company as the surviving company.
Moved together

"Diversifying revenue sources through leasing, credit guarantees, and loans" moved the same way as this thread, in the same document, in 2 of its 15 moves.

2222★1234
  1. ★This thread
  2. 1Diversifying revenue sources through leasing, credit guarantees, and loans2×
  3. 2Building local joint-venture platforms in Vietnam and Indonesia2×
  4. 3Building a fee-based business by leveraging the customer base and big data2×
  5. 4Restructuring of the real estate-related business and disposition of assets from exited businesses2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Credit Saison yet.
News
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