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Suruga Bank (8358) · FactDropped

Increase in Credit Card Segment Profit

First written in FY2023-Q3. 3 of 8 entries say "Worsened", first in FY2024-Q2. Latest entry: FY2025.

8entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2023-Q3WorsenedFY2024-Q2 – FY2024DroppedFY2025-H1 – FY20252023: 420232024: 320242025: 12025
Same theme, other companies
Credit card and credit guarantee businesses established as an independent reportable segmentA theme 10 companies write about · 0 as a headwind · 3 as a tailwind

The whole theme swung hardest in 2024: 3 of 6 companies on the "Worse" side.

0 other companies' latest entry also says "Dropped".

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. FY2025DroppedAnnual report

    「Our group had previously classified the banking business and the credit card business as reportable segments. As of the current consolidated fiscal year, we determined that the credit card business was no longer quantitatively material and changed the presentation so that only the banking business is classified as a reportable segment.」

    Although the credit card business continues to operate, profit disclosure for it as a separate reportable segment has ended.
  2. FY2025-H1DroppedAnnual report

    「The Group had reported "Banking" and "Credit Card Business" as its reportable segments. However, from the current interim consolidated accounting period, the Group changed its presentation to report only "Banking" after determining that the Credit Card Business was no longer quantitatively material.」

    Although the credit card business continues to operate, it was determined to have ceased to be quantitatively material, and this filing marked the end of profit disclosure for it as a separate reportable segment.
  3. FY2024WorsenedAnnual report

    「Revenue from the credit card business decreased by ¥3,187 million from the previous fiscal year to ¥1,109 million, while segment profit decreased by ¥3,254 million to ¥181 million.」

    Both revenue and segment profit from the credit card business decreased significantly from the previous fiscal year.
  4. FY2024-Q3WorsenedAnnual report

    「Revenue from the credit card business decreased by ¥3,179 million year on year to ¥827 million, while segment profit decreased by ¥3,223 million to ¥136 million.」

    Both revenue and segment profit from the credit card business decreased significantly year on year.
  5. FY2024-Q2WorsenedAnnual report

    「Revenue from the credit card business decreased by ¥3,181 million year on year to ¥543 million, while segment profit decreased by ¥3,213 million to ¥91 million.」

    Revenue from the credit card business decreased from ¥3,724 million in the previous corresponding period to ¥543 million, while segment profit decreased from ¥3,304 million to ¥91 million.
  6. FY2024-Q1Increase in revenue and decrease in profit from the credit card businessAnnual report

    「Revenue from the credit card business increased by ¥14 million year on year to ¥272 million, while segment profit decreased by ¥11 million to ¥39 million.」

    Revenue from the credit card business increased, while segment profit decreased year on year.
  7. FY2023AdvancedAnnual report

    「Revenue from the credit card business increased by ¥3,314 million from the previous fiscal year to ¥4,296 million, while segment profit increased by ¥3,211 million to ¥3,435 million.」

    Full-year revenue and segment profit from the credit card business exceeded the previous year, and its performance as a reportable segment was disclosed on an annual basis.
  8. FY2023-Q3First statedAnnual report

    「Revenue from the credit card business increased by ¥3,256 million year on year to ¥4,006 million, while segment profit increased by ¥3,172 million to ¥3,359 million.」

    For the credit card business, which became a reportable segment in the interim consolidated accounting period, revenue of ¥4,006 million and segment profit of ¥3,359 million were disclosed, both of which increased year on year.
Moved together

"Credit costs turn negative due to gains on reversals of the allowance for loan losses" moved the same way as this thread, in the same document, in 4 of its 8 moves.

43222★12345
  1. ★This thread
  2. 1Credit costs turn negative due to gains on reversals of the allowance for loan losses4×
  3. 2Year-on-year increases in ordinary revenue, ordinary profit and profit attributable to owners of the parent3×
  4. 3Risk from fluctuations in market interest rates and securities prices2×
  5. 4Net Outflow from Operating Activities Due to an Increase in Loans2×
  6. 5Recognition of impairment losses on operating stores2×

★ 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.

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Increase in Credit Card Segment Profit | Suruga Bank Ltd. (8358) | Komori