AEON Financial Service (8570) Q3 2025 earnings summary

Executive summary

• Operating revenue for the nine months ended November 30, 2024, rose 9.3% year-over-year to ¥388.8 billion, with operating profit up 45.2% to ¥37.9 billion and ordinary profit up 43.7% to ¥38.9 billion.

• Profit attributable to owners of parent increased 55.4% year-over-year to ¥13.8 billion, despite extraordinary losses from bad debt related to unauthorized credit card use.

• Comprehensive income declined 26.1% year-over-year to ¥28.1 billion due to negative impacts from valuation differences and foreign currency translation.

• Strategic initiatives included digital transformation, business portfolio optimization, and expansion in Asian markets, including the launch of a digital bank in Malaysia and acquisition of a Vietnamese finance company.

Financial highlights

• Operating revenue: ¥388.8 billion (+9.3% YoY); Operating profit: ¥37.9 billion (+45.2% YoY); Ordinary profit: ¥38.9 billion (+43.7% YoY).

• Profit attributable to owners of parent: ¥13.8 billion (+55.4% YoY); EPS: ¥63.76 (+55.4% YoY).

• Total assets: ¥7,384.6 billion (up ¥439.1 billion from FY-end); Net assets: ¥582.5 billion (up ¥8.2 billion from FY-end).

• Dividend per share for FY2024: ¥53.00 (interim ¥25.00, year-end ¥28.00); unchanged forecast for FY2025.

Outlook and guidance

• FY2025 full-year forecast: Operating revenue ¥520.0 billion (+7.1% YoY), operating profit ¥55.0 billion (+9.8% YoY), ordinary profit ¥55.0 billion (+7.5% YoY), profit attributable to owners of parent ¥21.0 billion (+0.5% YoY), EPS ¥97.28.

• No change to previously announced earnings forecast.