Expanding the earnings base with a focus on consolidated management

「Consolidated operating revenue was ¥49,281 million, up 3.3% year on year, owing to the reversal of deferred installment profit balances and growth in credit guarantee balances.」

「Consolidated operating revenue was ¥192,315 million, up 0.7% year on year, as the reversal of deferred installment profit balances and growth in credit guarantee balances more than offset the decline in financial revenue from receivables securitization.」

「Consolidated operating revenue was ¥192,315 million, up 0.7% year on year, as the reversal of deferred installment profit balances and growth in credit guarantee balances more than offset the decline in financial revenue from receivables securitization.」

「Although financial revenue from receivables securitization declined, the buildup of the credit guarantee balance and the reversal of the deferred installment profit balance brought consolidated operating revenue to ¥97.069 billion, up 1.4% from the year-earlier interim period.」

「Although financial revenue from receivables securitization declined, the reversal of the deferred installment profit balance and the buildup of the credit guarantee balance brought consolidated operating revenue to ¥190.978 billion, up 3.4% year on year.」

「Although financial revenue from receivables securitization declined, the buildup of the credit guarantee balance and the reversal of the deferred installment profit balance brought consolidated operating revenue to ¥95.739 billion, up 3.8% from the year-earlier interim period.」

「In addition to increased business volume, the buildup of the deferred installment profit balance and credit guarantee balance brought consolidated operating revenue to ¥184.782 billion, up 6.5% year on year.」

「In addition to increased business volume, the buildup of the deferred installment profit balance and credit guarantee balance increased consolidated operating revenue. In addition, gains on the sale of receivables arose from the securitization of receivables as part of efforts to diversify funding methods, increasing financial revenue. As a result, consolidated operating revenue was ¥139.176 billion, up 7.5% year on year.」

「In addition to increased business volume, the buildup of the deferred installment profit balance and credit guarantee balance increased consolidated operating revenue. In addition, gains on the sale of receivables arose from the securitization of receivables as part of efforts to diversify funding methods, increasing financial revenue. As a result, consolidated operating revenue was ¥92.208 billion, up 8.1% year on year.」

「In addition to increased business volume, the buildup of the deferred installment profit balance and credit guarantee balance resulted in higher consolidated operating revenue.」

「As a result, consolidated business volume was ¥5.641393 trillion, up 7.0% year on year. In addition to increased business volume, the buildup of the deferred installment profit balance and credit guarantee balance brought consolidated operating revenue to ¥173.506 billion, up 5.8% year on year.」

「Domestic credit and card and payment operations remained solid, while overseas operations benefited from the ongoing normalization of economic activity in each country and increased business volume through stronger sales activities. As a result, consolidated business volume was ¥4.144287 trillion, up 5.2% year on year. In addition to increased business volume, the buildup of the deferred installment profit balance and credit guarantee balance brought consolidated operating revenue to ¥129.443 billion, up 5.4% year on year.」

「In addition to increased business volume, the buildup of the deferred installment profit balance and credit guarantee balance brought consolidated operating revenue to ¥85.297 billion, up 4.3% year on year.」

「In addition to increased business volume, the buildup of the deferred installment profit balance and credit guarantee balance brought consolidated operating revenue to ¥42.355 billion, up 3.6% year on year.」

「In addition to business volume in domestic operations, the buildup of the deferred installment profit balance and credit guarantee balance brought consolidated operating revenue to ¥122.864 billion, up 2.1% year on year.」

「In addition to increased business volume in domestic operations, the buildup of the deferred installment profit balance and credit guarantee balance brought consolidated operating revenue to ¥81.780 billion, up 2.2% year on year.」

「In addition to increased business volume in domestic operations, the buildup of the deferred installment profit balance and credit guarantee balance brought consolidated operating revenue to ¥40.867 billion, up 2.0% year on year.」

「Although business volume declined in both domestic and overseas operations, consolidated operating revenue was supported by the deferred installment profit balance and credit guarantee balance built up to date, reaching ¥120.293 billion, up 1.9% year on year.」

「Although business volume declined in both domestic and overseas operations, consolidated operating revenue was supported by the deferred installment profit balance and credit guarantee balance built up to date, reaching ¥79.988 billion, up 3.0% year on year.」

「Although business volume declined in both domestic and overseas operations, operating revenue was supported by the deferred installment profit balance and credit guarantee balance built up to date, bringing consolidated operating revenue to ¥40.080 billion, up 4.0% year on year.」

「By increasing our ownership interest in the Philippine subsidiary, we made all 4 overseas companies consolidated subsidiaries.」

「In addition to domestic operations, gross operating receivables in overseas operations also steadily increased, bringing consolidated operating revenue to ¥118.047 billion, up 8.9% year on year.」

「Under the absorption-type company split agreement executed on 15 April 2019, we transferred the credit guarantee business of JCB (JCB Co., Ltd.; hereinafter, “JCB”) effective 24 September 2019 through a simplified absorption-type company split.」

「We determined that this company split would further strengthen our bank personal loan guarantee business and expand the earnings base of the Group as a whole over the longer term.」

「Operating performance for the consolidated cumulative third quarter was supported by continued solid business volumes across domestic operations, as in the second quarter, as well as strong business volume at PT Mitra Pinasthika Mustika Finance in Indonesia, which became a consolidated subsidiary last fiscal year, resulting in higher operating revenue from overseas operations.」

「With regard to Group synergies, we have laid the groundwork for growth by advancing our overseas business and seeking to expand the earnings base of our domestic consolidated subsidiaries by leveraging our sales network.」

「In May of this year, PT Mitra Pinasthika Mustika Finance (MPMF), an Indonesian company that became our consolidated subsidiary following an additional acquisition of shares, performed well, particularly in four-wheel vehicles.」

「In December 2012, we invested 40% in PT Sasana Artha Finance (currently MPMF), through which we have operated a sales finance business locally. With a view to expanding the business going forward, we acquired an additional 20% of MPMF’s issued shares from our joint-venture partner, PT Mitra Pinasthika Mustika Tbk. Going forward, we will strengthen MPMF’s business and improve our consolidated results.」

「Under the three-year medium-term management plan, ACT-Σ (Act Sigma), we have identified “Expanding the earnings base through Group synergies” as one of our business strategies. In December 2012, we invested 40% in PT Sasana Artha Finance (currently MPMF), through which we have operated a sales finance business locally. With a view to expanding the business going forward, we decided to acquire an additional 20% of MPMF’s issued shares from our joint-venture partner, PT Mitra Pinasthika Mustika Tbk.」

「By bringing together the strengths of the MUFG Group and the JACCS Group, we will build a diverse earnings base. At the same time, we will strengthen the earnings capacity of our affiliates and aim to change to consolidated management.」