Improving the profitability of the card business and promoting usage

「Card shopping volume declined despite efforts to promote installment payments, owing to lower usage following the end of partnerships with certain partner merchants and revisions to the conditions for awarding points. Operating revenue declined mainly because transaction volume and revolving balances fell.」

「Card shopping volume increased as usage at major partner merchants and domestic and overseas code payments, supported by inbound demand and the expanding cashless market, remained strong. Operating revenue declined because revolving balances failed to build up as new card-member acquisition was restrained.」

「Card shopping volume increased as usage at major and new partner merchants and code payments driven by inbound demand remained firm. Operating revenue increased on higher transaction volume, as well as measures including higher fees on revolving card purchases.」

「Card shopping volume increased as usage at major and new partner merchants remained firm. Operating revenue increased on higher transaction volume, as well as measures including higher fees on revolving card purchases. Card cash advances increased in volume for loan cards, whose customer base expanded as new customer acquisition was strengthened, but transaction volume and operating revenue declined because the number of users of proprietary cards remained weak.」

「Card cash advances increased in volume as demand for funds expanded, but outstanding cash advances did not turn upward, resulting in lower operating revenue.」

「Usage by card members acquired through major partners remained strong in card shopping. Although rising prices heightened consumers' preference for thrift, the average transaction value increased, and the recovery in tourism increased opportunities to use cards, resulting in higher transaction volume and operating revenue. Card-cashing transaction volume increased due to growth in card membership and the recovery in demand for funds, but operating revenue declined as cashing balances did not turn upward.」

「Card-cashing transaction volume increased as card membership grew through new member acquisition and demand for funds recovered with the revitalisation of economic activity, but operating revenue declined due to lower cashing balances.」

「Card-shopping transaction volume and operating revenue increased as consumer sentiment recovered with more opportunities to go out, and membership grew, particularly for co-branded cards launched the previous year. Card-cashing transaction volume increased as demand for funds recovered with the revitalisation of economic activity and growth in card membership, but operating revenue declined because this was insufficient to halt the decline in cashing balances.」

「Card-shopping transaction volume increased as usage at department stores and online retailers remained strong, with membership growth at major partners also contributing to higher transaction volume. Transaction volume and operating revenue also increased as travel and leisure gradually recovered. Card-cashing transaction volume increased as demand for funds recovered, but operating revenue declined because the increase was insufficient to offset the decline in cashing balances.」

「Card-shopping transaction volume and operating revenue increased as department stores and online shopping remained solid and travel and leisure gradually recovered. The launch of new co-branded cards and growth in card memberships through major partners also contributed to higher transaction volume. For card cashing, demand for funds gradually recovered as socioeconomic activity normalised. Transaction volume increased, also benefiting from the additional volume generated by mirajitsu cardless, launched in February 2022, but not enough to offset the decline in cashing balances, resulting in lower operating revenue.」

「Card-shopping transaction volume and operating revenue increased as the number of card members grew and consumer sentiment recovered with the easing of restrictions on activities. Card-cashing transaction volume increased as demand for funds recovered and the launch of mirajitsu cardless in February 2022 contributed additional volume. Operating revenue declined due to lower cashing balances.」

「Card-shopping transaction volume and operating revenue increased as personal consumption gradually recovered with the decline in COVID-19 cases, despite growing uncertainty about the outlook due to successive price increases for food, gasoline and other items. Card-cashing transaction volume increased as demand for funds gradually recovered, but operating revenue declined due to lower cashing balances. Transaction volume and operating revenue from rent guarantees and collection services increased due to the stable operation of partner businesses. As a result, transaction volume in this business increased, but operating revenue declined.」

「As a result, transaction volume in this business increased, but operating revenue declined due to weak card shopping and lower cashing balances.」

「Although the state of emergency was lifted at the end of September and some industries showed signs of recovery, card-shopping transaction volume and operating revenue declined without achieving a full recovery. Card-cashing transaction volume increased on a rebound from the previous fiscal year, when demand for funds had declined, but operating revenue fell due to lower cashing balances.」

「Card-shopping transaction volume and operating revenue declined as personal consumption weakened following the declaration of a state of emergency. Card-cashing transaction volume increased on a rebound from the previous year, when demand for funds had declined, but operating revenue fell due to lower cashing balances.」

「Card-shopping transaction volume increased as personal consumption rebounded from the decline caused by last year's state of emergency, but operating revenue declined due to lower installment-payment and revolving-shopping balances. Card-cashing transaction volume increased year on year, but the significant decline in demand for funds meant that it did not recover to pre-pandemic levels.」

「The number of card members declined from 7,164,638 to 6,867,360, and transaction volume for card shopping and cashing decreased.」

「Although some industries, including discount stores, showed signs of recovery, card-shopping transaction volume and operating revenue declined due to weak personal consumption caused by COVID-19.」

「Card-shopping transaction volume and operating revenue declined due to the suspension of commercial activities and weak personal consumption caused by the impact of COVID-19, as well as the reaction to the rush in demand before the previous year's consumption tax increase.」

「Card-shopping transaction volume and operating revenue declined due to the closure of commercial facilities and the drop in consumption resulting from requests to refrain from going out amid the spread of COVID-19.」

「Card-shopping transaction volume increased, driven by co-branded cards with consumer electronics retailers, discount stores and others. Operating revenue also increased as we continued various initiatives, including promoting the use of revolving shopping, and expanded acquiring merchants amid the market expansion of the cashless consumer rebate program.」

「Card-shopping transaction volume increased, driven by co-branded cards with consumer electronics retailers, discount stores and others. Operating revenue also increased as we expanded acquiring merchants through promotions for revolving shopping and the tailwind from the market expansion of the cashless consumer rebate program.」

「Card shopping remained strong for co-branded cards with consumer electronics retailers, discount stores and others. Transaction volume and operating revenue increased following the implementation of various promotions. We also focused on acquiring new members, expanding the number of active cardholders.」

「Card shopping remained solid for co-branded cards with consumer electronics retailers, discount stores and others, increasing transaction volume and operating revenue. We also worked to strengthen membership acquisition by issuing new co-branded cards and renewing existing ones.」

「Card shopping remained solid for co-branded cards with consumer electronics and household-goods retailers, and transaction volume increased as we promoted usage of various newly launched co-branded cards. We are also pursuing initiatives to expand revolving credit balances in response to customer needs and convenience, including promoting a service that allows customers to switch to revolving payments online up to the day before the payment date.」

「Card shopping remained solid for co-branded cards with consumer electronics and household-goods retailers. Newly launched co-branded cards also performed steadily, contributing to higher transaction volume.」

「Card shopping transaction volume remained strong for co-branded cards with consumer electronics and household-goods retailers. Transaction volume also increased as the number of active users of new co-branded cards launched last year expanded.」

「In the card business, solid new membership acquisition for co-branded cards, mainly with consumer electronics retailers and discount stores, expanded the number of active cardholders. Shopping transaction volume also increased through various promotions. The number of partners and transaction volume for the Visa/Mastercard acquiring operations and Alipay payments increased. Cashing transaction volume bottomed out following the implementation of various promotions.」

「In the card business, new membership acquisition for co-branded cards with consumer electronics retailers, discount stores and others remained solid, expanding the number of active cardholders. Shopping transaction volume also increased through various promotions. The Visa/Mastercard acquiring operations and Alipay payments launched in April last year expanded as the number of partner businesses increased. Cashing transaction volume remained at approximately the previous year's level.」

「In the card business, new membership acquisition for various co-branded cards, primarily those with consumer electronics retailers, remained solid, expanding the number of active cardholders. Shopping transaction volume also increased following the implementation of various promotions. Partnerships for the Visa/Mastercard acquiring operations and Alipay payments launched in April this year have expanded. Cashing transaction volume increased through various promotions.」

「In the card business, new membership acquisition for various co-branded cards, including those with consumer electronics retailers such as 上新電機株式会社, remained solid, expanding the number of active cardholders. Shopping transaction volume also increased following the implementation of various promotions. In April this year, we launched Visa/Mastercard acquiring operations and further promoted the introduction of Alipay payments.」

「In the card business, new membership acquisition for co-branded cards, including the Joshin Credit & Points Card with 上新電機株式会社, continued to be solid. Shopping transaction volume also increased following the implementation of various promotions. The decline in cashing transaction volume narrowed.」

「In the card business, shopping transaction volume increased as new membership acquisition for the Joshin Credit & Points Card, a co-branded card with 上新電機株式会社, remained solid, and various usage-promotion campaigns were implemented. Cashing transaction volume, however, declined.」

「In the card business, transaction volume declined for credit cards whose points reward rates were revised last fiscal year. However, transaction volume expanded, including through strong growth in new memberships for cards such as the Joshin Credit & Points Card, a co-branded card with 上新電機株式会社, resulting in an increase in total shopping transaction volume.」

「In the card business, transaction volume growth slowed after we revised the reward rate to improve the profitability of credit cards with high points rewards. However, total card-shopping transaction volume increased through efficient customer data analysis and the continued implementation of various promotions.」