Acom KK
8572
ISIN JP3108600002 / Valor 101549
Acom KK
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About company
Acom KK is a financial services company primarily engaged in consumer finance, offering personal loans, credit card services, and loan guarantees. The company operates through a network of branches and automated loan application machines, providing accessible financial solutions to individuals. Acom KK also collaborates with financial institutions to offer loan guarantee services, enhancing its market presence. The company emphasizes the development of advanced financial products and services, leveraging technology to streamline operations and improve customer experience. Through its comprehensive range of financial offerings, Acom KK aims to meet the diverse needs of its clients while maintaining a strong position in the consumer finance sector.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (07.08.2024):
Consolidated Receivables Outstanding
Acom KK reported a 7.4% year-over-year increase in Consolidated Receivables Outstanding for Q2 2023, reaching ¥2,575.9 billion. This growth was driven by favorable trends in domestic borrowing by both new and existing customers, as well as the impact of the depreciation of the yen against the baht.
Operating Revenue
For Q2 2023, Acom KK's Operating Revenue increased by 8.9% year-over-year to ¥77,236 million. This growth was primarily attributed to the expansion of the company's business scale across various segments, including the Loan and Credit Card Business, Guarantee Business, and Overseas Financial Business.
Profit Before Income Taxes
Acom KK's Profit Before Income Taxes for Q2 2023 remained relatively stable, showing a slight increase to ¥22,041 million compared to the same period last year. This stability indicates effective cost management despite the company's expansion efforts and increased operating expenses.
Loan and Credit Card Business
The Loan and Credit Card Business segment of Acom KK saw a 9.9% year-over-year increase in Operating Revenue for Q2 2023, reaching ¥41,470 million. This growth was mainly due to the expansion of the business scale and an increase in the number of customer accounts, which rose by 10.1% year-over-year to 1,826 thousand accounts.
Overseas Financial Business
Acom KK's Overseas Financial Business reported a 7.1% year-over-year increase in Receivables Outstanding (Yen Basis) for Q2 2023, totaling ¥241.9 billion. This growth was driven by the business expansion of EASY BUY in Thailand and the impact of the depreciation of the yen against the baht.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3869 M
Market cap (USD)
995,000
Daily traded volume (Shares)
390 / 384.1
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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