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Copyright(C)2020 JTRUST Co.,Ltd. All Rights Reserved.
Earnings Presentation Materials
FY12/2019
February 2020
J Trust Co., Ltd.
1
Table of Contents
I. Consolidated Results in FY12/2019
1. Summary of Consolidated Results
2. Results by Segment
3. Results Forecast for FY12/2020
II. Future Growth Strategy
2
Disclaimer
• In conjunction with the change in the accounting period, the current period consists of nine months from April 2019 to December 2019.
• Figures for YOY comparisons in this document use the total from the nine month period between April and December 2018.
• J Trust has classified the results of Highlights Entertainment, which it sold in FY03/2019, as discontinued operations and has similarly classified “operating revenue”, “operating profit” and “profit before tax” as such in year-on-year (“YOY”) comparisons.
• As a principle, the units listed on each page have been rounded down to the nearest unit of display. In addition, differences listed next to the charts and graphs illustrating YOY comparisons are calculated using the display unit of 0.1 billion.
• Segment revenue shows operating revenue from external customers.
• Information regarding forecasts listed in this document is estimated based on the knowledge, opinions and judgement of the company at the time of the document’s creation and contains underlying risks and uncertainties. Therefore, please understand that actual results and the forecast described here are subject to change greatly depending upon various factors such as the business environment.
• This document is intended to provide information about J Trust and is not intended to solicit investments in securities issued by the company.
• This English-translated document was prepared solely for the convenience of English-speaking investors. If any discrepancies exist between this translation and the original Japanese document, the Japanese version always prevails. J Trust shall not be liable for any damages or losses of profit arising from this translation.
3
1.Summary of Consolidated Results
in FY12/2019
Senior Managing Director, Executive Officer and Finance Department
General Manager
Ryuichi Atsuta
44
Summary of Consolidated Results
Financial Business in Japan
Financial Business in South Korea and Mongolia
Financial Business in Southeast Asia
5
Revenue and profit increased year-on-year.
3Q FY03/2019(2018/4/1~2018/12/31)
FY12/2019(2019/4/1~2019/12/31)
Difference FY03/2019(For reference)
Operating revenue※ 55.1 billion
JPY58.1 billion
JPY+3.0
billion JPY74.9
billion JPY
Operating profit※ -29.7 billion
JPY0.2 billion
JPY+29.9
billion JPY-32.6
billion JPY
Profit (or loss) before tax
※
-28.6 billion JPY
-0.3 billion JPY
+28.3 billion JPY
-31.1 billion JPY
Profit (or loss) attributable to
owners of parent
-32.7 billion JPY
-3.2 billion JPY
+29.5 billion JPY
-36.1 billion JPY
Consolidated Results (YOY)
※ Operating revenue, operating profit, and profit (or loss) before tax do not contain results from discontinued business.
66
Operating revenue increased year-on-year.
Q3 FY03/2019(2018/4/1~2018/12/31)
FY12/2019(2019/4/1~2019/12/31)
Difference FY03/2019(For reference)
Financial Business in Japan
7.3 billion JPY 7.6 billion JPY+0.3 billion
JPY10.5 billion
JPY
Financial Business in South Korea and
Mongolia30.1 billion JPY 29.5 billion JPY
-0.6 billion JPY
39.5 billion JPY
Financial Business in Southeast Asia
9.4 billion JPY 9.6 billion JPY+0.2 billion
JPY13.0 billion
JPY
Investment Business 0.7 billion JPY 0.7 billion JPY-0.0 billion
JPY1.0 billion
JPY
Non-Financial Business(Entertainment, Real Estate)
5.0 billion JPY 9.5 billion JPY+4.5 billion
JPY7.9 billion
JPY
Other business 2.4 billion JPY 0.8 billion JPY-1.6 billion
JPY2.8 billion
JPY
Consolidated operating revenue
55.1 billion JPY 58.1 billion JPY+3.0 billion
JPY74.9 billion
JPY
Operating Revenue by Segment (YOY)
Amounts shown do not include amounts resulting from discontinued operations.
77
Operating profit improved greatly, allowing us to secure a surplus.
Q3 FY03/2019(2018/4/1~2018/12/31)
FY12/2019(2019/4/1~2019/12/31)
Difference FY03/2019(For reference)
Financial Business in Japan 3.2 billion JPY 3.0 billion JPY -0.2 billion JPY 4.2 billion JPY
Financial Business in South Korea and Mongolia
4.0 billion JPY 7.5 billion JPY+3.5 billion
JPY4.8 billion JPY
Financial Business in Southeast Asia
-14.3 billion JPY -4.6 billion JPY+9.8 billion
JPY-17.7 billion
JPY
Investment Business -20.0 billion JPY -1.7 billion JPY+18.3 billion
JPY-20.5 billion
JPY
Non-Financial Business(Entertainment, Real Estate)
0.0 billion JPY 0.6 billion JPY+0.6 billion
JPY0.0 billion JPY
Other business -0.0 billion JPY -0.4 billion JPY -0.4 billion JPY 0.0 billion JPY
Company-wide expenses, etc. -2.6 billion JPY -4.0 billion JPY -1.4 billion JPY -3.5 billion JPY
Consolidated operating profit -29.7 billion JPY 0.2 6billion JPY+29.9 billion
JPY-32.6 billion
JPY
Operating profit by segment (YOY)
Amounts shown do not include amounts resulting from discontinued operations
8
Results Forecast and Rate of Progress by Segment
Operating Revenue and Operating Profit by Segment
FY12/2019Initial Results Forecast
※4/1~12/31 (9 mos.)
FY12/2019Results
※4/1~12/31 (9 mos.)
PercentAchieved
Financial Business in Japan
Operating revenue
6.9 billion JPY 7.6 billion JPY 110%
Operating profit 2.9 billion JPY 3.0 billion JPY 103%
Financial Business in South Korea and Mongolia
Operating revenue
28.9 billion JPY 29.5 billion JPY 102%
Operating profit 3.3 billion JPY 7.5 billion JPY 227%
Financial Business in Southeast Asia
Operating revenue
12.9 billion JPY 9.6 billion JPY 74%
Operating profit -1.7 billion JPY -4.6 billion JPY -
Investment Business
Operating revenue
1.0 billion JPY 0.7 billion JPY 70%
Operating profit -0.6 billion JPY -1.7 billion JPY -
Non-Financial Business
Operating revenue
13.3 billion JPY 9.5 billion JPY 71%
Operating profit 0.4 billion JPY 0.6 billion JPY 150%
Company-wide expenses/ Consolidated adjustments, etc.
Operating revenue
1.3 billion JPY 0.8 billion JPY -
Operating profit -4.3 billion JPY -4.5 billion JPY -
Consolidated Total
Operating revenue
64.3 billion JPY 58.1 billion JPY 90%
Operating profit
0.06 billion JPY 0.2 billion JPY 333%
9
2.Results by Segment
2-1.Financial Business in Japan
10
3.23
3Q FY03/2019 FY12/2019
Operating revenue increased due to an increase in guarantee commission received. Although operating profit decreased slightly year-on-year, we achieved our target value
of 2.9 billion yen.
7.3 7.6
3Q FY03/2019 FY12/2019
Operating Revenue
Unit: Billions of yen
Operating Profit
11
We will transition from condominium loan guarantees to new guarantee products such as guarantees on crowdfunding products or overseas property-backed loans.
38.7 43.6 46.4
5.6 6.8
47.2
151.3157.6
85.9
200.5210.8
0
50
100
150
200
250
2017/
03 06 09 12
2018/
03 06 09 12
2019/
03 06 09 12
Outstanding Balance of Guarantees
Light blue=Condominium loan guaranteesYellow= Overseas property-backed loan guaranteesBlue=Other guarantees
Unit: Billions of yen
1212
We will expand new guarantee products and increase the guarantee balance
All crowdfunding products backed by Nihon Hoshou’s guarantees achieved their target amounts within 24 hours.
The three products which we announced in January all reached the full solicited amounts within one hour.
Crowdfunding products backed by Nihon Hoshou guaranteesGuarantees on
overseas property-backed loans
13
Conducted a periodic reevaluation of off-balance receivables Purchases of receivables went well; we continued to have over 900 billion
yen in claimed receivables
730.6759.2 772.3 783.3 782.8 787.4 788.8 792.8
Approx.
110
Approx.
110
Approx.
140
Approx.
140
Approx.
150
Approx.
150
Approx.
150
Approx.
130
2017/
03 09
2018/
03 09
2019/
03 06 09 12
Balance includes both purchased and entrusted receivables.
Balance includes some on-balance receivables.
Unit: Billions of yen
Balance of claimed receivables in servicer business
Total:
900+ billion yen
Off-balance
(claimable)
receivables at Nihon Hoshou
Balance of
claimed receivables
handled by
Partir Servicer
14
2.Results by Segment
2-2.Financial Business in South Korea and Mongolia
15
Operating revenue decreased due to a decline in average loan interest rates Decreases in expenses related to bad debts and gains from the sale of NPLs
contributed to a significant increase of operating profit
30.1 29.5
3Q FY03/2019 FY12/2019
4
7.5
3Q FY03/2019 FY12/2019
Operating Revenue
Unit: Billions of yen
Operating Profit
1616
Loans delinquent over 90 days remained at a low level. We worked toward accumulating stable assets while focusing on asset “quality”.
130149.3
100.384.4
18.1 9.7
91 115
339.4
358.4
5.0%
4.2%3.6%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
20.0%
0
50
100
150
200
250
300
350
400
2016/
03 06 09 12
2017/
03 06 09 12
2018/
03 06 09 12
2019/
03 06 09 12
Secured corporate loans
Unsecured corporate loans
Secured consumer loans
Unsecured consumer loans
Loan portfolio (bar graph) and balance of loans delinquent over 90 days at three companies (line graph)
Combined total of JT Chinae Savings, Bank JT Savings Bank and JT Capital
Figures are displayed in local currency and multiplied by the following rate:
Reference rate:1 KRW=0.0946 JPY (Closing rate as of December 31st, 2019)
Unit: Billions of yen
17
18.0 17.3 17.3 18.0
24.423.7
22.821.8
29.030.3 29.9
3.3
2017/
03 06 09 12
2018/
03 06 09 12
2019/
03 06 09 12
単位:億円
17
Against the backdrop of a market surge, the company sold off 280 billion KRW (approximately 26.4 billion JPY)’s worth of assets.
TA Asset booked a full-year operating profit of 19.2 billion KRW
(approximately 1.8 billion JPY)
Balance of claimed receivables at TA Asset Management
Unit: Billions of yen
Figures are displayed in local currency and multiplied by the following rate:
Reference rate: 1 KRW = 0.0946 JPY (Closing rate on December 31st, 2019)
Sold 26.4 billion yen inassets
18
2.Results by Segment
2-3.Financial Business in Southeast Asia
Company names have been abbreviated in the following pages:
・ JTrust Bank Indonesia (BJI)
・ JTRUST OLYMPINDO MULTI FINANCE (JTO)
・ JTRUST INVESTMENTS INDONESIA (JTII)・ J Trust Royal Bank (JTRB)
19
Starting in the current fiscal year, Indonesia and Cambodia have been tallied together under Financial Business in Southeast Asia
Following the acquisition of shares in ANZ Royal Bank, both revenue and profit improved year-on-year
9.4 9.6
3Q FY03/2019 FY12/2019-14.3
-4.6
3Q FY03/2019 FY12/2019
Operating Revenue
Unit: Billions of yen
Operating Profit
20Reference rate: 1 IDR =0.0079 JPY (Closing rate as of December 31st, 2019)
20
Starting in Q2, the Indonesian and Cambodian business segmentshave been tallied together.
FY12/2019 Total
Indonesia(Total of 3 companies)
Cambodia Transactionsbetween
segments, other (Goodwill, etc.)
Total for Financial
Business in Southeast Asia
BJIJTOJTII
JTRB
Operating revenue
8.4 billion JPY 1.7 billion JPY-0.5 billion
JPY9.6 billion
JPY
Operating profit
-7.4 billion JPY 0.3 billion JPY2.5 billion
JPY-4.6 billion
JPY
Summary by Country
Cambodia
• As a result of reevaluating JTRB’s net worth in Q3, J Trust booked 3.3 billion yen in gains from bargain purchases
• Operating profit came to 0.3 billion yen due to initial fees such as fees related to the transfer of the bank’s IT system
Indonesia• By the end of December 2019, we had completed the first stage of overhauling
BJI’s business foundation• Accumulated quality assets and promoted swift collections on NPLs at JTII
2121
(Indonesia) In FY12/2019, we focused on rebuilding BJI’s business foundation. In January 2020, BJI resumed share trading on the Indonesia Stock Exchange (IDX)
Personnel/Structural Reorganization
Organized risk management system and strengthened our screening division
・ Dispatched Japanese management to compliance and screening divisions
・ Dispatched talented individuals who had been involved in rebuilding savings banks in South Korea to Indonesia
Improvements to IT
Developed a mobile banking app and began service in August 2019
・ We anticipate reductions to COF through effective customer solicitation and accumulation of normal deposits
Maintenance of system for receivables collections
Combining the asset management and collection expertise cultivated in Japan and South Korea and focusing it in JTII
・ Increasing the number of receivables management and collections specialists (from 39 at end-March 2019 to 75 in end-December 2019)
Accumulation of good-quality assets
In addition to asset accumulation focused on JTO, we will further
invest in loans or bonds with Japanese/ state-run/conglomerate companies and major banks
2222
(BJI)
Processing of NPLs was successful; ratio of loans delinquent over 90 days decreased
Asset decrease has stopped; from now on, we will work on accumulating good-quality assets
78.4 75.869.2
59.7 58.6 56.7 56.0 54.5 51.948.6 47.9 49.1 49.9
6.59%
8.26%
5.62%
3.38% 3.21%3.74%
4.03%
5.11%
2.34%1.78% 1.77%
1.49%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
9.00%
10.00%
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
90.0
2019/
01 02 03 04 05 06 07 08 09 10 11 12
2020/
01
Unit: Billions of yen
※ Figures are calculated in local currency and multiplied using the following rate:
Reference rate: 1 IDR=0.0079 JPY (Closing rate as of December 31st, 2019)
Outstanding loan balance at BJI (Bar graph) and ratio of loans delinquent over 90 days (Line graph)
23
0.15
0.24
0.16
0.27
0.41 0.41 0.44
0.54 0.56
0.680.68
0.82 0.83
0.91
0.56
0.99
1.04
0.86
0.92 0.93
1.11
230
332
212
359
421 427
519
577 615
748 720
799
950
1,141
874
1,144 1,120
1,049 1,020
1,116
1,210
0
200
400
600
800
1,000
1,200
1,400
0.0
0.2
0.4
0.6
0.8
1.0
1.2
2018/
04 05 06 07 08 09 10 11 12
2019/
01 02 03 04 05 06 07 08 09 10 11 12
Loan amounts per month
New loans per month
23
(JTO) The number of business partners steadily increased, as did the amount of
new loans per month
Unit: Billions of yen Unit: Number of loans
Number of new loans (Right axis) and Loan Amounts (Left axis) at JTO
※ Figures are calculated in local currency and multiplied using the following rate:
Reference rate: 1 IDR=0.0079 JPY (Closing rate as of December 31st, 2019)
Joined the J Trust Group in Oct. 2018
2424
(JTO) We maximized our joint finance scheme and increased assets. The NPL ratio declined even further as a result of stricter asset management
0.1
9.1 9.5
3.8 9.6 9.6 9.6 9.7 9.9 10.1 10.4 10.7 10.8 11.1
11.4 11.7 12.0 12.3
12.9
1.85%
1.25%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
9.00%
10.00%
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
2018/
10 11 12
2019/
01 02 03 04 05 06 07 08 09 10 11 12
Pre-existing JTO assets
Assets from joint finance
※ Figures calculated in local currency and multiplied by the following rate:
Reference rate: 1 IDR=0.0079 JPY (Closing rate as of December 31st, 2019)
Assets at JTO (Bar graph) and Percentage of Loans Delinquent Over 90 Days (Line graph)
Unit: Billions of yen
2525
(JTII) We will continue to collect on assets purchased from BJI
Unit: Billions of yen Unit: Billions of yen
11.2
14.6
23.7
34.2
37.5
45.3
0.03
0.06
0.10
0.12
0.17
0.00
0.02
0.04
0.06
0.08
0.10
0.12
0.14
0.16
0.18
0.20
2018/
04 05 06 07 08 09 10 11 12
2019/
01 02 03 04 05 06 07 08 09 10 11 12
0.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
40.0
45.0
50.0 Claimed receivables balance
Amount collected
Balance of claimed receivables(Bar graph: Left axis)and Actual amount of collections(Line graph:Right axis)at JTII
※ Figures calculated in local currency and multiplied by the following rate:
Reference rate: 1 IDR =0.0079 JPY (Closing rate as of December 31st, 2019)
2626
(JTRB) In Cambodia, where our Group has newly advanced, we actively promoted loans such as
secured small-lot loans, trade finance or corporate loans and increased the outstandingloan balance
17.4 16.7 18.9
14.5 12.1
13.7
3.4
5.9
16.2 16.5
17.6
48.1 48.7
56.0
0.0
10.0
20.0
30.0
40.0
50.0
60.0
2019/
01 02 03 04 05 06 07 08 09 10 11 12
Retail (housing) loan
Overseas loan (in riel)
Corporate loan
Trade finance
Unit: Billions of yen
Outstanding loan balance at JTRB
※ Figures calculated in local currency and multiplied by the following rate:
Reference rate: 1 USD =109.56 JPY (Closing rate as of December 31st, 2019)
JTRB joined the J Trust Group
on August 19th, 2019
As of December 31st, thepercentage of NPLs delinquent
over 90 days is
0.6%
27
2.Results by Segment
2-4.Investment Business
28
In FY03/2019, Investment Business saw significant losses due to provisions against potential loan losses against the full amount of money lent to Group Lease.
In FY12/2019, expenses related to litigation resulted in an operating loss.
0.7 0.7
3Q FY03/2019 FY12/2019
-20
-1.7
3Q FY03/2019 FY12/2019
Operating Revenue
Unit: Billions of yen
Operating Profit
29
2.Results by Segment
2-5.General Entertainment/Real Estate Business
30
(General Entertainment Business) Revenue increased as a result of business expansion through M&A
0.9
4.8
3Q FY03/2019 FY12/2019
-0 -0.1
3Q FY03/2019 FY12/2019
Operating Revenue
Unit: Billions of yen
Operating Profit
31
(Real Estate Business) Revenue and profit increased year-on-year due to reductions to expenses and
700 million yen booked from gains on transfer of property
4.1
4.7
3Q FY03/2019 FY12/2019
0
0.8
3Q FY03/2019 FY12/2019
Operating Revenue
Unit: Billions of yen
Operating Profit
32
5.FY12/2020 Results Forecast
33
Prior conditions assumed for determining consolidated results forecast
• J Trust adopts the average exchange rates from the time when the company entered the respective country until December 31st, 2019.
Furthermore, closing rates as of December 31st, 2019 are as follows:
• Figures for Investment Business do not reflect any gains or losses other than those which normally occur.
1SGD=81.07 JPY 1IDR=0.0079 JPY 1MNT=0.0397JPY
1KRW=0.0946 JPY 1USD=109.56 JPY
1 SGD=82.31 JPY 1IDR=0.0083 JPY 1MNT=0.0426 JPY
1KRW=0.093 JPY 1USD:107.42 JPY
34
We expect to accumulate a profit greater than FY12/2019
FY12/2019Results
2019/4/1~2019/12/31
FY12/2020Forecast
2020/1/1~2020/12/31
Difference
Operating Revenue58.1 billion
JPY86.5 billion
JPY+28.4 billion
JPY
Operating Profit 0.2 billion JPY 1.6 billion JPY+1.4 billion
JPY
Profit (or loss) before tax
-0.3 billion JPY
1.3 billion JPY+1.6 billion
JPY
Profit (or loss) -3.2 billion
JPY-1.6 billion JPY
+1.6 billion JPY
Consolidated Results (YOY)
3535
Results in FY12/2019 and Results Forecast for FY12/2020
Operating Revenue and Operating Profit by Segment
FY12/2019Results
2019/4/1~2019/12/31
FY12/2020Forecast
2020/1/1~12/31
Financial Business in JapanOperating Revenue 7.6 billion JPY 8.3 billion JPY
Operating Profit 3.0 billion JPY 2.9 billion JPY
Financial Business in South Korea and Mongolia
Operating Revenue 29.5 billion JPY 38.8 billion JPY
Operating Profit 7.5 billion JPY 5.8 billion JPY
Financial Business in Southeast AsiaOperating Revenue 9.6 billion JPY 21.6 billion JPY
Operating Profit -4.6 billion JPY -3.4 billion JPY
Investment BusinessOperating Revenue 0.7 billion JPY 0.9 billion JPY
Operating Profit -1.7 billion JPY -1.8 billion JPY
Non-Financial Business (Entertainment and Real Estate)
Operating Revenue 9.5 billion JPY 14.4 billion JPY
Operating Profit 0.6 billion JPY 1.0 billion JPY
Company-wide expenses/Consolidated adjustments, etc.
Operating Revenue 0.8 billion JPY 2.1 billion JPY
Operating Profit -4.5 billion JPY -2.8 billion JPY
Consolidated Total
Operating Revenue
58.1 billion JPY 86.5 billion JPY
Operating Profit 0.2 billion JPY 1.6 billion PY
36
Future Growth Strategy
President, Representative Director and Chief Executive Officer
Nobuyoshi Fujisawa
3737
Growth Strategy for Three Main Pillars of Financial Business
Financial Business in Japan
Financial Business in South Korea and
Mongolia
Financial Business in Southeast Asia
• Promote collaborations with regional banks
• Diversification of guarantee products, such as crowdfunding guarantees
• Launch “Global Credit Card” for foreign residents in Japan
• Minimize default risk and pursue high profit rates
• Accumulate stable assets to handle further reductions to maximum
interest rates
• Indonesia: Foundational maintenance was completed in the previous
fiscal year in order to continue business
Accumulate good-quality assets and advance receivables collections
• Cambodia: Gradually expand our customer base and increase assets
3838
Nihon Hoshou: Further growth of credit guarantee business
Diversification of guarantee products
Up until now, our focus has been guarantees on loans issued by banks
In January 2020, Nihon Hoshou released three products. All reached their targets immediately.
Completed in20 min.
Completed in1 min.
Completed in50 min.
Loans for overseas properties which are popular among the wealthy class
From now on, increase product diversification and business partners
Work on guarantees for a variety of products
3939
Domestic Financial Business: J TRUST Card
Released the “J TRUST Global Card” for foreign residents on February 3rd
Opening up new markets
Issued a deposit card aimed at foreign workers and foreign exchange students
Payments can be made as long as they are within the deposited amount; increased handling fees through payment services are to be expected
Meets the needs of foreign workers who have difficulty receiving credit cards
Support available in eight languages
4040
Financial Business in South Korea:Continue to improve services and “quality” of assets
More fulfilling customer service
I.D. can be submitted through app when applying
Work performed by employees is more concise and efficient
Design updated along with new menu release
After revisions
Current application screen
• Adopt a UI (user interface) design ease of use and a unique design; make screen appear more user friendly
4141
JT Chinae Savings Bank won the First Brand Award five years in a row.
JT Chinae Savings Bank received the “Highest Customer Satisfaction Rank” in the Savings Bank Category.
In order to maintain its customer satisfaction rank, the company will continue to conduct in-house training on such issues as compliance.
4242
Financial Business in Southeast Asia: (Indonesia) The first stage of overhauling BJI`s business foundation has been completed;
from now on, we will speed up growth
From foundationalmaintenance to path
for growth
All issues indicated by Indonesian financial authorities (OJK) have been cleared (BJI)
Increasing retail assets through JTO
Accelerate loan offers for used automobiles and farm equipment by utilizing joint finance scheme
Further acceleration of receivables collection
Accumulation of good-quality assets
Introduce receivables collection expertise from Japan and South Korea and intensity collection abilities
Fortify the “Japan-Korea Linkage Division” and accumulate good-quality assets to communicate more with Japanese and other foreign-owned companies
Having completed the first stage of overhauling the business foundation, we will continue to promote accumulation of good-quality assets and receivables collections; we will aim to achieve a surplus quickly
4343
Financial Business in Southeast Asia (Indonesia) Building up loans through joint finance
Accumulate student loans through partnership with “Sawayaka Club”
Achieved success from sales of farm equipment loans, which were actively promoted since the previous year; a total of 700 units were sold
Increase assets with low risk of default; aim for a goal of 200 billion yen in 2023
Plan for accumulation of good-quality assets
49.1
110.8
135.6
166.5
202.1
2019/
12
2020/
12
2021/
12
2022/
12
2023/
12
Lending to blue chip
companies(BJI)
Lending through joint
finance(JTO)
Other
Unit: Billions of yen
Reference rate: 1 IDR =0.0079 JPY (Closing rate as of December 31st, 2019)
A ceremony was held to commemorate JTO’s 500th sale of farm equipment loans in September 2019. The event was attended
by members of the local media.
Sawayaka Club Co. Ltd.’s school in Indonesia
New initiatives
4444
Cambodia: Double assets and revenue in three years through enlargement of customer targets
Enlarging assets
Up until now, ANZ Royal Bank has operated its business by exclusively targeting highly creditworthy customers
Maintain screening and compliance systems; aim for an average growth rate of 26% through swift action and investments with reasonable rates of return
0
2
4
6
8
10
12
14
2006 2008 2010 2012 2014 2016 2018 2020 2022
Projection for operating revenue
Unit: Billions of yen
45
(General Entertainment Business) We have constructed a system which includes everything from content
development to comprehensive monetization
Merchandise
Music・Film(CD・DVD)
Live concert management
Film
Contents
Digital
Commercials
Productionstaff hiring
Talent agencymanagement
Athletes
Artists
TV programs
Idol schoolmanagement
Productdevelopment
Projectdevelopment
Games
Advertising
Theater management
EventPlanning &
management
Informationtransmission
Modelmanagement
4646
(General Entertainment Business) Novelbright
Their street performances were shared on social media such as TikTok and Twitter, earning them tremendous popularity particularly among teens.
Chosen by music industry insiders as the “Artists Most Likely To Make It Big in 2020”
Ranked No. 1 on music streaming sites such as Spotify and AWA
Their new song “Runner’s High” has been featured in online commercials for “Asahi Super Dry”’
©Zest,Inc.
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Real Estate Business: Will expand business opportunities by utilizing the Act on Specified Joint Real Estate Ventures
Establishing a newrevenue base
Sold off single homes in Osaka and Yokohama by December 2019
From 2020 on, we will utilize the Act on Specified Joint Real Estate Ventures
and distribute investment earnings arising from real estate
From now onPreviously
We developed business focused on sales through single detached
homes.
Utilizing the Act on Specified Joint Real Estate Ventures, we will solicit investors through crowdfunding.
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〇 If, depending on the defendants’ claim, the original convertible debenture agreement is valid, then...
The maturity date of the principal amount of 50 million USD will arrive on March 20th, 2020 ※1
22 million USD ※2 in interest is unpaid
Development of lawsuit against Group Lease Holdings Pte. Ltd.(GLH)
〇 The Court’s judgement was as follows:
① The loans extended by GLH to Cougar Pacific Pte Ltd and the incorporated Cyprus companies were ”undoubtedly unusual” and “suspicious”.
② After the funds were transferred to the borrowers, they were “passed through other companies before it was used to purchase shares in GL, (purchase of GL shares using the relevant funds) artificially increasing GL’s share value, and the shares were then put up as collateral for the loans”.
③ Stated that “the conduct of GLH and Mr. Konoshita may fall far short of the standards of good corporate governance”.
④ The Court also rejected the arguments by the defendants that the conduct of JTA was an abuse of process.
⑤ However, it took the view that JTA had not shown that GLH had crossed the threshold into dishonest intention, and thereby dismissed the claim by JTA that GLH and Mr. Konoshita had committed fraud and deceit
On February 12th , 2020, a judgement was rendered in regard to the lawsuit filed with the High Court of Singapore by JTrust Asia(JTA)
Reference Rate: 1 USD=109.56 JPY (Closing rate as of December 31st, 2019)
※ For details, please view our latest release:
https://www.jt-corp.co.jp/en/news/
We have filed an appeal and maintain our Company’s position.
※ 1 Approximately 5.4 billion yen※ 2 Approximately 2.4 billion yen. The combined total of both the unpaid interest revenue
of 50 million USD and 130 million USD as of January 31st, 2020
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Q & A Session
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