Impact of rising long-term interest rates on the housing loan market and loan originations

「For "Flat 35," originations during the current fiscal year were ¥107.7 billion, up 35.3% from the previous fiscal year, while the balance of serviced receivables and other assets was ¥1.3853 trillion, up 1.7% from the end of the previous fiscal year. For "Saison Asset-Building Loans," the company worked to accumulate high-quality receivables, primarily from high-income customers, but originations during the current fiscal year were ¥129.5 billion, down 13.3% from the previous fiscal year, while the loan balance was ¥709.6 billion, down 2.8% from the end of the previous fiscal year.」

「For "Flat 35," originations during the interim consolidated fiscal period were ¥49.6 billion, up 20.9% year on year, while the balance of serviced receivables and other assets was ¥1.3707 trillion, up 0.6% from the end of the previous fiscal year. For "Saison Asset-Building Loans," despite accumulating high-quality receivables, primarily from high-income customers, originations during the interim consolidated fiscal period were ¥59.0 billion, down 14.7% year on year, while the loan balance was ¥717.3 billion, down 1.8% from the end of the previous fiscal year.」

「For "Flat 35," originations in the Flat 35 market declined 17.1% from the previous fiscal year amid rising long-term interest rates. Originations during the current fiscal year were ¥79.6 billion, down 33.9% from the previous fiscal year, while the balance of serviced receivables and other assets was ¥1.3619 trillion, down 0.8% from the end of the previous fiscal year. For "Saison Asset-Building Loans," originations during the current fiscal year increased 50.7% from the previous fiscal year to ¥149.4 billion, supported by the accumulation of high-quality receivables, primarily from high-income customers, while the loan balance was ¥730.2 billion, up 0.1% from the end of the previous fiscal year.」

「For "Flat 35," originations in the Flat 35 market declined 27.1% year on year amid rising long-term interest rates. Originations during the interim consolidated fiscal period were ¥41.0 billion, down 33.4% year on year, while the balance of serviced receivables and other assets was ¥1.3679 trillion, down 0.4% from the end of the previous fiscal year. For "Saison Asset-Building Loans," originations during the interim consolidated fiscal period increased 79.1% year on year to ¥69.1 billion, supported by the accumulation of high-quality receivables, primarily from high-income customers, while the loan balance was ¥723.2 billion, down 0.8% from the end of the previous fiscal year.」

「For "Flat 35," originations in the fixed-rate housing loan market declined 56.1% from the previous fiscal year amid rising long-term interest rates. Originations during the current fiscal year were ¥120.4 billion, down 31.6% from the previous fiscal year, while the balance of serviced receivables and other assets was ¥1.3734 trillion, up 2.5% from the end of the previous fiscal year. For "Saison Asset-Building Loans," originations during the current fiscal year were ¥99.1 billion, up 1.0% from the previous fiscal year, while the loan balance was ¥729.2 billion, up 1.7% from the end of the previous fiscal year.」

「For "Flat 35," originations in the fixed-rate housing loan market declined 39.1% year on year amid rising long-term interest rates. Originations during the cumulative third quarter of the current fiscal year were ¥90.2 billion, down 30.6% year on year, while the balance of serviced receivables and other assets was ¥1.3678 trillion, up 2.1% from the end of the previous fiscal year. For "Saison Asset-Building Loans," originations during the cumulative third quarter of the current fiscal year were ¥66.8 billion, down 7.8% year on year, while the loan balance was ¥730.8 billion, up 2.0% from the end of the previous fiscal year.」

「For "Flat 35," originations in the fixed-rate housing loan market declined 38.3% year on year amid rising long-term interest rates. Originations during the cumulative second quarter of the current fiscal year were ¥61.6 billion, down 31.2% year on year, while the balance of serviced receivables and other assets was ¥1.3594 trillion, up 1.4% from the end of the previous fiscal year. For "Saison Asset-Building Loans" (loans for purchasing investment condominiums), originations during the cumulative second quarter of the current fiscal year were ¥38.6 billion, down 24.4% year on year, while the loan balance was ¥725.1 billion, up 1.2% from the end of the previous fiscal year.」

「For "Flat 35," originations in the fixed-rate housing loan market declined 39.9% year on year amid rising long-term interest rates. Originations during the cumulative first quarter of the current fiscal year were ¥31.5 billion, down 30.9% year on year, while the balance of serviced receivables and other assets was ¥1.3508 trillion, up 0.8% from the end of the previous fiscal year. For "Saison Asset-Building Loans" (loans for purchasing investment condominiums), although the company accumulated high-quality receivables, primarily from high-income customers, it carefully reviewed potential originations. As a result, originations during the cumulative first quarter of the current fiscal year were ¥15.8 billion, down 41.1% year on year, while the loan balance was ¥718.2 billion, up 0.2% from the end of the previous fiscal year.」

「For "Flat 35," originations in the fixed-rate housing loan market declined 21.0% from the previous fiscal year amid rising long-term interest rates. As a result of continuing to respond closely to customer needs, originations during the current fiscal year were ¥176.1 billion, down 13.4% from the previous fiscal year, while the balance of serviced receivables and other assets was ¥1.3401 trillion, up 7.6% from the end of the previous fiscal year.」

「For "Saison Housing Loans," which promotes support for home purchases through a product lineup including "Flat 35," "Flat 35 PLUS," "Flat 35 Bridge Loan" and "Saison Renovation Loans," originations in the fixed-rate housing loan market declined 18.6% year on year amid rising long-term interest rates. As a result of continuing to respond closely to customer needs, originations during the cumulative third quarter of the current fiscal year were ¥130.0 billion, down 8.3% year on year, while the balance of serviced receivables and other assets was ¥1.3158 trillion, up 5.7% from the end of the previous fiscal year. For "Saison Asset-Building Loans" (loans for purchasing investment condominiums), after carefully reviewing potential originations in anticipation of a future period of rising interest rates, originations during the cumulative third quarter of the current fiscal year were ¥72.4 billion, down 6.8% year on year, while the loan balance was ¥747.0 billion, down 1.1% from the end of the previous fiscal year, due to the partial sale of receivables.」