Acom (8572) Q2 2026 earnings summary

Executive summary

• Consolidated receivables grew 2.8% year-to-date to ¥2,790.3 billion, driven by strong domestic demand and borrowing from existing customers.

• Operating revenue rose 6.0% year-over-year to ¥165.6 billion, exceeding the first half target by 1%, with operating profit up 12.6% to ¥54.0 billion.

• Profit attributable to owners surged 70.7% year-over-year to ¥50.9 billion, aided by a favorable change in deferred tax assets.

• All core business segments contributed to growth, with domestic loan, credit card, and guarantee businesses outpacing market expansion.

Financial highlights

• Loan and credit card receivables grew 6.9% year-on-year to ¥1,111.9 billion, with customer accounts up 5.8%.

• Guarantee business receivables increased 7.3% year-on-year to ¥1,416.5 billion, with customer accounts up 7.4%.

• Overseas financial business receivables declined 1.4% year-on-year to ¥251.4 billion, mainly due to a decrease in Thailand.

• Operating revenue by segment: Loan and credit card ¥89.9bn (+7.5%), Guarantee ¥39.8bn (+6.5%), Overseas ¥32.5bn (+1.0%).

• Operating profit by segment: Loan and credit card ¥30.5bn (+16.7%), Guarantee ¥11.7bn (+6.8%), Overseas ¥10.9bn (+6.9%).

Outlook and guidance

• Full-year operating revenue forecast at ¥331.8 billion (+4.4%), operating profit at ¥88.6 billion (+51.3%), and profit attributable to owners at ¥72.2 billion (+124.8%).

• Receivables outstanding projected to reach ¥2,874.2 billion (+5.9%) by fiscal year-end.

• Annual dividend per share is projected at ¥20.00, with no amendment to the forecast.

• Mid-term plan targets consolidated receivables of ¥3.2 trillion and steady profit growth over three years.

• New customer acquisition remains strong, with 186,000 new accounts as of September, on track for a full-year target of 364,000.