Q2 2024 Acom Co Ltd Earnings Presentation Transcript

Nov 09, 2023 / NTS GMT
Presentation
Nov 09, 2023 / NTS GMT

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Corporate Participants
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* Takashi Okamoto
Acom Co., Ltd. - Chief PR & IR Officer

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Unidentified Company Representative -

I'd like to extend my heartfelt appreciation to all of you for your kind support to and understanding of the company. Please go to Page 3. I will go over item #1 and give you a summary of our financial results for the first half of fiscal year ending March 2024. Later, Mr. Okamoto, Chief PR and IR Officer, will go over item #2 and give you supplementary information on interest repayment, provision for bad debt and financial expenses.

Please go to Page 4. We initially targeted 4.1% consolidated receivables growth or an increase of around JPY 96 billion for the full year, as shown in the center. But as the bar on the right shows, receivables grew 3.8% compared to where they were at the end of last fiscal year or around JPY 90 billion to JPY 2,444.1 billion. As of the end of September, thanks to new account acquisition, additional borrowing

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