at belle salle nihonbashi - ir · pdf fileaccounting period of financial business in southeast...

Copyright(C)2016 JTRUST Co.,Ltd. All Rights Reserved.

Earnings Presentation Materialat Belle Salle Nihonbashi

1st Quarter of FY 2017

17th August, 2016J Trust Co., Ltd.

2

Table of Contents

１．Financial Results for 1st Quarter of FY 2017

２．Performance and Results by Segments

３．Progress Report on the Full-Year Target

４．Others

APPENDIX（IFRS-unaudited)

3

Disclaimer• The information published in this material, including forecasts, is recognition, opinion,

judgment or projection of the Company at the time of creation of this material and the Company does not guarantee its achievement. As such, please be aware that actual results may differ from the forecasts provided in this material as a result of various factors.

• The earnings presentation and this material are prepared to provide information to facilitate greater understanding of the Company. It is not intended for use in soliciting investments in the securities issued by the Company or its subsidiaries.

• There are three months difference between consolidated accounting period and accounting period of Financial Business in Southeast Asia. (For example, 1Q FY2017 reflects figures from January 2016 till March 2016 of Bank JTrust Indonesia, likewise 2Q reflects its figures from April till June, 3Q reflects its figures from July till September, and 4Q reflects its figures from October till December.)

• The exchange rate published in this material, for Financial Business in South Korea indicates the end of June 2016, and for Financial Business in Southeast Asia indicates the end of March 2016.

• This material is an English translation of the original Japanese document, prepared solely for the convenience of and reference by overseas investors. If there exist any discrepancies between the original Japanese language and English translation, the Japanese language will always prevail. The issuer shall not be liable for this translation or any loss or damage arising from this translation.

Financial Results for 1Q FY2017

6

Quarterly operating revenue achieved the highest-ever level of 20.5 billion yen

Quarterly operating profit increased by 3 billion yen over the same period of the previous year


The performance is on upward trend, in progress to achieve full-year targets

7

IV. Investment Business

Bullishexpect to exceed full-year targets

Growingreduced risks of consolidating the accounts, and the profit level is steady

Stabilizing Monthly Surplus maintain profitability and stability

Great Contribution to consolidated results


I. Domestic FinancialBusiness

II. Financial Business in South Korea

III. Financial Business in Southeast Asia

Overview of Financial Results for 1Q FY2017

9

Overview of Financial Results for 1Q FY2017 /consolidated summary (progress of operating revenue and operating profit quarterly)

Quarterly operating revenue and operating profit are solid Quarterly consolidated operating revenue is recorded as 20.5 billion yen

195

183

201

175

754

205

0

100

200

300

400

500

600

700

800

2016/031Q

2Q 3Q 4QTOTAL

2017/031Q

Operating revenue

-19

-41

11

-4 2

-20

-50

-40

-30

-20

-10

0

10

20

2016/031Q

2Q 3Q 4QTOTAL

2017/031Q

Operating profit

*rounding off the number

Consolidated Summary Under J-GAAP (in 100 million yen)

10

1Q FY2016 1Q FY2017 Difference

Operating revenue 194 205 +11

Operating profit -19 11 +30

Ordinary profit -15 -3 +12

Profit attributable toowners of parent -27 -7 +20

EBITDAafter adjustment ‐7 22 +29

Operating profit is 1.1 billion yen, increased 3 billion yen from the previous year After adjustment of EBITDA is 2.2 billion yen, increased 2.9 billion yen from the

previous year

EBITDA after adjustment: operating profit + amortization of goodwill +depreciation + business structure improvement expenses (cost of restructuring)

Under J-GAAP

Overview of Financial Results for 1Q FY2017 /consolidated summary (Compared with the same period of FY2016)

(in 100 million yen)Consolidated Summary

11


Domestic Financial Business 26 25 -1Financial Business in

South Korea 74 70 -4

Financial Business in Southeast Asia 32 35 +3

Investment Business 3 14 +11

Non-Financial Business 51 50 -1

MISC. 6 8 +2

Total 194 205 +11

*Non-Financial Business: real estate business and general entertainment business*MISC: constructing commercial facilities business, IT system, etc

Under J-GAAP

Overview of Financial Results for 1Q FY2017 /segment operating revenue (Compared with the same period of FY2016)

Domestic Financial Business is solid Financial Business in South Korea decreased due to the exchange rate （1Q FY2016＝0.1107 KRW 1Q FY2017＝0.0930 KRW） The operating revenue of Financial Business in Southeast Asia is increasing steadily

Operating revenue (in 100 million yen)

12

Overview of Financial Results for 1Q FY2017 /segment operating revenue(Compared with the same period of FY2016): Local currency approximation

Increased 11.8 billion KRW in Financial Business in South Korea Increased 70.6 IDR billion in Financial Business in Southeast Asia

Under J-GAAP

3,433 4,139

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

2016/031Q

2017/031Q

Financial Business in Southeast Asia

669762

0

100

200

300

400

500

600

700

800

900

2016/031Q

2017/031Q

Financial Business in South Koreain 100 million won in IDR 100 million

Exchange rate︓yen＝won Exchange rate︓yen＝IDR2016/03 1Q＝0.1107won （Apr.-June 2015 Avg.） 2016/03 1Q ＝0.0094IDR (Jan.-Mar. 2015 Avg.)2017/03 1Q＝0.0930won （Apr.-June 2016 Avg.） 2017/03 1Q ＝0.0086IDR (Jan.-Mar. 2016 Avg.)

Operating revenue

13


Domestic Financial Business 9 11 ＋2Financial Business in

South Korea 0 2 ＋1

Financial Business in Southeast Asia -25 -6 ＋19

Investment Business 2 13 ＋11

Non-Financial Business 1 ‐0 ‐1

MISC. ‐7 ‐7 ‐0

Total -19 11 ＋30

Domestic Financial Business is constantly growing Financial Business in South Korea is steadily profitable Financial Business in Southeast Asia is improving performance

Under J-GAAP

Overview of Financial Results for 1Q FY2017 /segment operating profit (Compared with the same period of FY2016)


Operating profit (in 100 million yen)

14

Overview of Financial Results for 1Q FY2017 /segment operating profit (Compared with the same period of FY2016): Local currency approximation

Increased 2.2 billion KRW, Financial Business in South Korea Improved 189.3 billion IDR, Financial Business in Southeast Asia

Under J-GAAP

1

23

0

5

10

15

20

25

2016/031Q

2017/031Q

Financial Business in South Korea

-2,680

-787

-3,000

-2,500

-2,000

-1,500

-1,000

-500

0

2016/031Q

2017/031Q

Financial Business in Southeast Asiain 100 million won in IDR 100 million

exchange rate︓yen＝won exchange rate︓yen＝IDR2016/03 1Q＝0.1107won （Apr.-June 2015 Avg.） 2016/03 1Q ＝0.0094IDR (Jan.-Mar. 2015 Avg.)2017/03 1Q＝0.0930won （Apr.-June 2016 Avg.） 2017/03 1Q ＝0.0086IDR (Jan.-Mar. 2016 Avg.)

Operating profit

15

Overview of Financial Results for 1Q FY2017 /real earning power of business

Real earning power of operating profitUnder J-GAAP

600 million yen of negative goodwill, which was originally posted in FY2015, decreased the level of operating profit

The real earning power of operating profit is estimated as 1.7 billion yen

11

6

17

2017/03 1QOperating Profit

Negative goodwill 2017/03 1QOperating profit

（Real earning power/ estimated）

(in 100 million yen)

Performance and Results by Segments

17

Domestic Financial Business: operating revenue/operating profit

Operating revenue and operating profit are both solid. The goal is to exceed full-year targets

Due to the effect of restructuring, fixed cost is decreased. The business is constantly growing

26 25

0

5

10

15

20

25

30

35

40

45

2016/031Q

2017/031Q

Operating revenue

911

0

2

4

6

8

10

12

2016/031Q

2017/031Q

Operating profit

Domestic Financial BusinessUnder J-GAAP (in 100 million yen)

18

42

82

135

0

20

40

60

80

100

120

140

160

16/04 05 06

Apartment loan is constantly growing The approval is steadily increasing. In progress to achieve full-year

targets

Amount of credit guarantee by Nihon Hoshou Approved Apartment Loans(in 100 million yen)(in 100 million yen)

Domestic Financial Business/credit guarantee business

384

186

391 398 407424 435

453 466502

533 549 558 570

0

100

200

300

400

500

600

15/07 08 09 10 11 12 16/01 02 03 04 05 06

Size of guarantees Apartment Loans Total

19

The amount of receivables continued to increase because of successful purchased of NPLs

FY2017’s target is 440.9 billion yen. The achievement rate is 156%(Also, already achieved FY2018 target of 500.8 billion yen.)

Domestic Financial Business: Servicer business

Amount of receivables (in 100 million yen)

1,196 1,251 1,471

2,572 2,833

3,492

4,679

6,879

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

2010/03 2011/03 2012/03 2013/03 2014/03 2015/03 2016/03 2016/06

FY2018 targets: 5,008

FY2017 targets: 4,409

20


21

Financial Business in South Korea: operating revenue/operating profit

Financial Business in South KoreaUnder J-GAAP (in 100 million won)

74 70

0

10

20

30

40

50

60

70

80

2016/031Q

2017/031Q

Operating revenue

0

2

0

1

1

2

2

3

2016/031Q

2017/031Q

Operating profit

Financial Business in South Korea decreased due to the foreign exchange rate（2016/03 1Q＝0.1107KRW 2017/03 1Q＝0.0930KRW）

Generating positive operating profit, the performance is on upward trend

22


Financial Business in South Korea: in total *4x companies

(in 100 million won)

*4x companies of South Korea＝JT Chinae Savings Bank, JT Savings Bank, JT Capital, TA Asset

reference rate︓1won＝0.0896yen

K-GAAP (South Korean accounting standard) shows real earning power and both operating revenue/operating profit are solid

791 876

0100200300400500600700800900

1,000

2017/03 1QJ-GAAP

2017/03 1QK-GAAP

Operating revenue

24

136

0

20

40

60

80

100

120

140

160

2017/03 1QJ-GAAP

2017/03 1QK-GAAP

Operating profit

23

1,022

906 1,008

1,284 1,364 1,409

1,166

1,508 1,493 1,585

1,645

1,893

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

15/07 08 09 10 11 12 16/01 02 03 04 05 06

JT Capital

JT Savings Bank

JT Chinae Savings Bank

avg 979

avg 1,352avg 1,389

The amount of loan disbursed per month recorded the highest(3-month average: 170.8 billion KRW)

It is double the amount of avg. 97.9 billion KRW last year

avg 1,708

Amount of loan disbursed per month

Financial Business in South Korea : new loan balance



24

Loan balance increased steadily

Financial Business in South Korea : loan balance

Loan balance (in 100 million won)

17,376 17,340 17,175 17,212 17,267 17,296 17,801

18,291 18,480 18,806

19,403 19,662

20,148

20,622 21,376

15,000

16,000

17,000

18,000

19,000

20,000

21,000

22,000

15/04 05 06 15/07 08 09 10 11 12 16/01 02 03 04 05 06


25

18,348

3,029

6,156

21,377 34.50%

5.64%

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%

0

5,000

10,000

15,000

20,000

14/04 05 06 07 08 09 10 11 12

15/01 02 03 04 05 06 07 08 09 10 11 12

16/01 02 03 04 05 06

Loan disbursed by group companies Purchased receivables Delinquency ratio

* definition of NPL: loans that are delinquent for 30 days or more

Financial Business in South Korea : operating assets

Loan balance and NPLs* at savings banks/capital company (in 100 million won)


Increasing excellent receivables, due to the credit screening by our group companies

Delinquency ratio record at the lowest level Revenue base becoming solid

26

Financial Business in South Korea/in total *4x companies

Under J-GAAP Total 4x companies of operating profit (estimated)

2

8

6

0

1

2

3

4

5

6

7

8

9

2017/03 1QActual

2017/03 1QReal earning power

Amount of amortization negative goodwill

The real earning power under J-GAAP is estimated 800 million yen, excluding the amount of amortization of negative goodwill


27

Financial Business in South Korea /decreasing factor of operating profit – negative goodwill

Impact of negative goodwill on operating profit (as of the end of June 2016)

Amortized 6 in 1Q

Under J-GAAP

Negative goodwill posted in FY2015 impacted consolidated operating profit As of June 2016, the amount of unamortized is 900 million yen

(which will be amortized by FY2017)

95

15 96

Negative goodwill as of Mar. 2015(JTCK and JTSB were acquired)

Actual as of Mar. 2016 Actual as of Mar. 2017

Amortized 80

in FY2016


28

Financial Business in Southeast Asia

29

Financial Business in Southeast Asia: timing difference in account closing

Under J-GAAP, 3-month timing difference in account closing arises when consolidating results of Financial Business in Southeast Asia

■Image of consolidating results of Financial Business in Southeast Asia

FY2017 1Q 2Q 3Q 4Q

Under J-GAAP Jan.-Mar. 2016 Apr.-June 2016 July-Sept. 2016 Oct.-Dec. 2016

Operating revenue 35 - - -

Operating profit -6 - - -


30

Financial Business in Southeast Asia : operating revenue/operating profit

Financial Business in Southeast AsiaUnder J-GAAP

32 35

0

5

10

15

20

25

30

35

40

2016/031Q

2017/031Q

Operating revenue

-25

-6

-30

-25

-20

-15

-10

-5

0

2016/031Q

2017/031Q

Operating profit

Operating revenue is increasing, and the performance is on upward trend towards the end of the year

Operating profit has improved Focusing on cost-effective management


31

200

412

683

896

2015/4~6 7~9 10~12

2016/1~3

9.99%

10.55%

11.22%11.37%

2015/4~6 7~9 10~12

2016/1~3

8.43%

7.69%8.04%

7.84%

2015/4~6 7~9 10~12

2016/1~3

Financial Business in Southeast Asia – Bank Indonesia: Other key indicators

Avg. lending interest rate Avg. deposit interest rate Net interest income(in IDR 100 million)

Interest income increased by accumulating operating assets and raising average lending interest rates

A reduction in deposit rates also contributed to the steady growth of net interest income (interest income minus interest costs)

reference rate: 1 IDR＝0.0086yen

32

80,735 83,157 83,806 84,081 86,344 88,656 84,374 87,173 93,870 93,870

98,122 100,567

4.50%4.90%

6.40%6.90%

7.50% 7.50%

3.00% 2.80% 2.60% 2.60% 2.50%

1.90%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

0

20,000

40,000

60,000

80,000

100,000

120,000

04 05 06 07 08 09 10 11 12 16/01 02 03

Operating assets accumulated steadily by strengthening sales force

Financial Business in Southeast Asia – Bank JTrust Indonesia: operating assets and NPL ratio

Operating assets and NPL ratio (in IDR 100 million)

reference rate: 1 IDR＝0.0086yen

33

8.97%

8.87% 8.42%

8.30%8.15%

7.69%7.56%

8.01%

8.04%

8.18%

8.15%

7.84%

6.50%

7.00%

7.50%

8.00%

8.50%

9.00%

9.50%

15/04 05 06 07 08 09 10 11 12

16/01 02 03

Cost of Funds

76.29%

75.51%

77.09%

76.83%

81.99%

82.35%

85.35%

85.10%

85.15%

85.30%

88.34%

92.01%

40.00%

50.00%

60.00%

70.00%

80.00%

90.00%

100.00%

15/04 05 06 07 08 09 10 11 12

16/01 02 03

LDR

0％

Decreased COF (Cost of Funds) steadily Loan-To-Deposit ratio (LDR) increased due to our control of the deposit

amount in view of the loan balance (to reduce baseline costs)

0％

Financial Business in Southeast Asia – Bank JTrust Indonesia: COF and LDR

COF and LDR

34

Financial Business in Southeast Asia/Bank JTrust Indonesia: enhancement of business foundation 1

Finance money from Bank JTrust Indonesia with channeling scheme

Deploy with lighter POS for rural areas including islands of 13,000 in Indonesia Motorcycle, Agricultural

Equipment, Solar Panel, housing, white goods, etc.

PT Group Lease Finance

Indonesia

Group Lease Finance Indonesia (GLFI) has started operation this July and already made business contracts

Accelerate to accumulate loan balance from multi-finance business of Bank JTrust Indonesia

*multi-finance: funding to agents which deal with auto mobile and motorcycle loans

35

Financial Business in Southeast Asia/Bank JTrust Indonesia: nhancement of business foundation 2

Bank JTrust Indonesia Operating scene

Collaborated bank released rupiah linked time deposit which will contribute to lower COF of Bank JTrust Indonesia 【COF at Bank JTrust Indonesia : 7.84% (as of the end of 2016/03) COF from the product: 6.0％~6.5%】

Developing measures to reduce fixed cost and improve operating efficiency Transferred an additional management of IT department to speed up IT system Transferred an executive of Nihon Hoshou to Bank JTrust Indonesia as an executive officer of JTG

36

Investment Business

37

Investment Business: operating revenue/operating profit

Gained 1.4 billion yen of revenue by selling shares of Bank Mayapada By underwriting of convertible bond issued by Group Lease PCL, expecting to gain 800

million yen of revenue Stock price of Group Lease hikes, we could expect an increase in valuation gains in the

bond, and the stock conversion could also have an influence on our results

Investment Business (in 100 million yen)Under J-GAAP

*Group Lease: Group Lease PCL listed on the Stock Exchange of Thailand

3

14

0

2

4

6

8

10

12

14

16

2016/031Q

2017/031Q

Operating revenue

2

13

0

2

4

6

8

10

12

14

2016/031Q

2017/031Q

Operating profit

38

December 30th 2015: Converted GL's convertible bond into shares

Investment business: operating revenue/operating profit

‘eye on the future’ in investment

• No. of converted shares: 98.1million 1 share＝18 baht （5.349 billion yen）

• Stock price on June 30th 2016 1 share = 36 baht（10.341 billion yen）

Difference: 5 billion yen (estimated) 「Unrealized gain」

39

Non-Financial Business

40

Non-Financial Business: operating revenue/operating profit

Operating revenue is steadily increasing The revenue of general entertainment business is increasing towards the

end of the year

Non-Financial Business

51 50

0

10

20

30

40

50

60

2016/031Q

2017/031Q

Operating revenue

(in 100 million yen)Under J-GAAP

1

-0

-1

0

1

2

2016/031Q

2017/031Q

Operating profit

*Non-Financial Business: real estate business and general entertainment business

41

New challenge

Bitcoin information website Chart Smartphone Application

Bitcoin exchange “J-Bits” has started in June 2016 Launched *native application for smartphones, first in the industry Focus on providing safe and reliable bitcoin service

*native application: an application program that has been developed for use on a smartphone.J-Bits application has all the information when dealing Bitcoins such as wallet, chart, market news, etc..

42

Progress Report on the Full-Year Target

43

Full-Year Target 1Q FY2017 Achievementrate To achieve

Domestic FinancialBusiness 111 25 22.5% 86

Financial Business in South Korea 408 70 17.2% 338

Financial Business in Southeast Asia 206 35 17.0% 171

Investment Business 37 14 37.8% 23

Non-Financial Business/MISC. 220 61 27.7% 159

Total 982 205 20.9% 777

Operating revenueUnder J-GAAP


Progress Report on the Full-Year Target/Segment operating revenue achievement rate


44

Full-Year Target 1Q FY2017 Achievementrate To achieve

Domestic FinancialBusiness 39 11 28.2% 28

Financial Business in South Korea 51 2 3.9% 49

Financial Business in Southeast Asia 3 -6 - 9

Investment Business 30 13 43.3% 17

Non-Financial Business/MISC. 13 -0 - 13

Others -23 -9 - -

Total 113 11 9.7% 102

*Full-Year target of Non-Financial Business:general entertainment business =7 billion yen

real estate business＝6 billion yen

Operating profitUnder J-GAAP


Progress Report on the Full-Year Target/operating profit achievement rate by segment

45

Others

46

Others/About shares buyback

Total number of shares subscribed

Total share acquisition value

November 11th 2015 6,250,000 shares 6.2 billion 64 million yen

August 15th 2016 6,000,000 shares 4.9 billion 26 million yen

August 16th 2016 3,188,300 shares 2.3 billion 52 million yen

Flexible share-buy back for enhancing the capital efficiency

The results for the shares buyback of the past year

47

Others/in progress of strengthening IR

Strengthen engagement with individual investors as well as institutional investors

Continuous conducting overseas roadshow

1. Strengthen engagement with individual investors

・Company Information Session

May 30th, 31st 2016 (Tokyo/Osaka)

Total participation :638 people

Sept. 8th, 9th 2016 (Tokushima/Ehime) To be held

・Exhibit in “Nikkei IR Investment Fair 2016”

Aug. 26th, 27th 2016 (Tokyo) expected around 16,000

individual investors

1. Strengthen engagement with individual investors

・Company Information Session

May 30th, 31st 2016 (Tokyo/Osaka)

Total participation :638 people

Sept. 8th, 9th 2016 (Tokushima/Ehime) To be held

・Exhibit in “Nikkei IR Investment Fair 2016”

Aug. 26th, 27th 2016 (Tokyo) expected around 16,000

individual investors

2. Continuous conducting overseas roadshow

・From 3Q FY2017 to 4Q FY2017

in U.S, the UK and ASIA

2. Continuous conducting overseas roadshow

・From 3Q FY2017 to 4Q FY2017

in U.S, the UK and ASIA

Company information session（Osaka）

“Nikkei IR Fair”（Tokyo）*In 2014

48

Others/Our dividend policy

Paying dividend with 8 consecutive years Will pay dividend of 12 yen this fiscal year

Dividend

First half: 6 yen per share

Second half: 6 yen (plan)

・will add 2 yen dividend compared with the previous

year

※previous yearʼs dividend was included commemorative (2yen)

Dividend

First half: 6 yen per share

Second half: 6 yen (plan)

・will add 2 yen dividend compared with the previous

year

※previous yearʼs dividend was included commemorative (2yen)

12 3 3

5 5 5６

1.5

43

34

5 5 5

６

2

2009.03 2010.03 2011.03 2012.03 2013.03 2014.03 2015.03 2016.03 2017.03(予定)

Change in dividendEnd of the year Mid-Term

49

APPENDIX

50

187

183

203

174

747

191

0

100

200

300

400

500

600

700

800

2016/031Q

2Q 3Q 4QTOTAL

2017/031Q

Operating revenue

-18

22 22

-21

33

28

-50

-40

-30

-20

-10

0

10

20

30

2016/031Q

2Q 3Q 4QTOTAL

2017/031Q

Operating profit

Under IFRS (unaudited)(in 100 million yen)

Overview of Financial Result for 1st Quarter/Consolidated summary (progress in quarterly)

51


Operating revenue 187 191 +4

Operating profit -18 22 +40

Profit attributable toowners of parent -19 1 +20

Under IFRS (unaudited)


Overview of Financial Result for 1st Quarter/Consolidated summary (compared with the period of FY2016)

52


Domestic Financial Business 26 21 -5

Financial Business inSouth Korea 70 65 -5

Financial Business in Southeast Asia 29 31 +2

Investment Business - 14 +14

Non-Financial Business 51 50 -1

MISC. 11 10 -1

Total 187 191 +4

*Non-Financial Business: real estate business and general entertainment business *Others: main office, system, consolidation adjustments, and others


Overview of Financial Result for 1st Quarter/Segment operating revenue (compared with the period of FY2016)

53


Domestic Financial Business 11 11 ±0

Financial Business in South Korea -8 3 +11

Financial Business in Southeast Asia -5 1 +6

Investment Business - 13 +13

Non-Financial Business 1 1 ±0

MISC. -17 -7 +10

Total -18 22 +40


*Non-Financial Business: Real estate business and General entertainment business *MISC: main office, system, consolidation adjustments, and others

Overview of Financial Result for 1st Quarter/Segment operating profit (compared with the period of FY2016)

54

EBITDA after adjustment

1 2

42 45 58

134 156

-13 4

22

-40

-20

0

20

40

60

80

100

120

140

160

180

2008/03 2009/03 2010/03 2011/03 2012/03 2013/03 2014/03 2015/03 2016/03 2017/03

88*

*Simply multiplied by 4 of the numerical number for 1Q FY2017


55

Other comprehensive income

Other comprehensive income FY2016 FY2017

Valuation difference on available-for-sale securities 136 4,865

Foreign currency translation adjustment -3,469 -10,793

Remeasurements of defined benefit plans -112 -99

Total accumulated other comprehensive income -3,445 -6,027

Under J-GAAP(in million yen)

at belle salle nihonbashi - ir · pdf fileaccounting period of financial business in southeast...

Documents