Message to shareholders and investors

Within “MOVE 70”—the medium-term business plan launched by the Group in the fiscal year ended March 31, 2023—we have described how the Company should look in three years’ time. Specifically, the Company should have “an enhanced earnings base in the domestic business that leverages the Group's strengths,” “an established earnings base in the overseas business capable of driving future growth,” “a strengthened management structure to accelerate growth in the domestic and overseas businesses,” and should be “promoting environmental, social and corporate governance (ESG) management.” The Group is steadily executing its strategies as it works toward the realization of its long-term vision of “establishing JACCS’ position as a leading brand among Asian consumer finance companies.”

In the fiscal year ended March 31,2024－the second year of the medium-term business plan－we achieved our 11th consecutive period of increased revenues on a consolidated and non-consolidated basis. Although operating expenses, including financial expenses, increased due to the rising interest rate environment, we achieved record highs for the third consecutive period of consolidated ordinary profit.
The annual dividend for the fiscal year ended March 31,2024 has been increased by ¥20 per share from the previous fiscal year to ¥210 per share, with an additional ¥10 per share as a commemorative dividend for our 70th anniversary, totaling ¥220 per share. Due to the revision of the earnings forecast announced on August 7, 2024, the annual dividend for the fiscal year ending March 2025 will be 180 yen.

The fiscal year ending March 31,2025 will be the final year of our medium-term business plan. The business environment has changed significantly from what we had initially anticipated, with rising interest rates and economic trends overseas making it even more challenging. However, we will adapt to these changes and steadily implement measures aimed at further growth.

We look forward to your continued support and understanding as we work toward our goals.

Ryo Murakami
President, COO and Representative Director
August 2024