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J Trust Research Memo (7): The company has sufficient funds and the stability of the group is high.
■Performance Trends 3. Financial Condition The total assets of J-Trust <8508> at the end of the second quarter of the fiscal year ending December 2024 increased by 116,727 million yen compared to the previous period, reaching 1,331,442 million yen. This was mainly due to a decrease of 18,099 million yen in other financial assets, while cash and cash equivalents increased by 29,986 million yen, securities in the banking business increased by 31,381 million yen, and loans in the banking business increased by 63,466 million yen. The total liabilities increased by 106,3
J-Trust Research Memo (6): The operating margin of the Southeast Asia financial business has improved to 6.1% and contributed to the group's performance.
For the second quarter of the fiscal year ending December 2024, the operating revenue of J-Trust <8508> was 231.93 billion yen (an increase of 32.6% from the same period last year), and the operating profit was 14.1 billion yen (an increase of 83.8% from the same period last year).
J Trust Research Memo (5): Despite increased revenue in South Korea and Mongolia financial businesses, there is an operating loss due to economic downturn and deterioration in loan quality.
■Business Performance Trends (2) Operating revenue for the second quarter of the fiscal year ending December 2024 for J Trust, a South Korean and Mongolian financial company (8508), was 23,494 million yen (an increase of 2.7% compared to the same period last year), and operating loss was 1,256 million yen (compared to a loss of 1,196 million yen in the same period last year). The increase in operating revenue was due to the decrease in lending by savings banks, but the increase in interest income from the rise in new lending rates resulted in increased revenue. Operating profit was affected by the worsening economy and the deterioration of credit and resulted in an increase in provision for doubtful accounts and the sale of credits.
J Trust Research Memo (4): Japan's financial business achieves increased revenue and profit. It has achieved a high operating margin of 41.7%.
■ Performance Trends 2. J Trust <8508> has achieved growth into a comprehensive financial group in Asia by expanding its business model overseas. Currently, it operates in five business segments: Japan Financial Business, South Korea and Mongolia Financial Business, Southeast Asia Financial Business, Real Estate Business, and Investment Business. (1) In the second quarter of the fiscal year ending December 2024, the operating revenue of the Japan Financial Business was 803.3 million yen (an increase of 17.8% compared to the same period of the previous year), operating profit...
J-Trust Research Memo (2): Growth as an Asia financial conglomerate
■Company Overview1. Business DescriptionJ Trust <8508> is a holding company that oversees financial businesses and other businesses both domestically and overseas. It is listed on the Tokyo Stock Exchange's Standard Market and has achieved growth as a comprehensive financial conglomerate in Asia by expanding overseas using the know-how gained in Japan. The company group has been aiming for sustainable profit expansion with the Japanese financial business, the Korean and Mongolian financial business as a base, and the Southeast Asian financial business as a leading role. However, due to the new coronavirus infection
J-TRUST Research Memo (1): The second quarter of the fiscal year ending December 2024 is progressing at a pace that exceeds the plan.
J-Trust <8508> is a holding company that owns domestic and international financial businesses. It is listed on the Tokyo Stock Exchange (TSE) Standard Market. Under the current President and CEO, Nobuyoshi Fujisawa, the company has continued to grow through numerous M&A deals both domestically and internationally, focusing on financial businesses in Japan, South Korea, Mongolia, Southeast Asia, and real estate business. Based on the new 3-year plan, the main focus is on the financial business.
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