J Trust Co.,Ltd.
8508・Standard Market・Other Financing Business
Japan Financial Business
Domestic comprehensive financial segment built on credit guarantee, debt collection, credit/installment sales, and securities business
| Period | Current | Previous | Change |
|---|---|---|---|
| Operating revenue (external customers) | ¥5,241 million (Q1 FY2026, ending December 2026) | ¥4,234 million (Q1 FY2025, ending December 2025) | ↑ |
| Segment profit | ¥2,633 million (Q1 FY2026, ending December 2026) | ¥1,726 million (Q1 FY2025, ending December 2025) | ↑ |
| Balance of guarantee obligations | ¥289,856 million (end of March 2026) | ¥247,222 million (end of March 2025) | ↑ |
| Balance of installment receivables | ¥20,946 million (end of March 2026) | ¥15,679 million (end of March 2025) | ↑ |
| Balance of purchased receivables | ¥18,710 million (end of March 2026) | ¥18,019 million (end of March 2025) | ↑ |
| Balance of operating loans | ¥9,758 million (end of March 2026) | ¥9,376 million (end of March 2025) | ↑ |
| Assets related to the securities business | ¥32,524 million (end of March 2026) | ¥28,551 million (end of March 2025) | ↑ |
Business Details
The Japan Financial Business is composed of the Credit Guarantee Business, Debt Collection Business, and Lending Business conducted by Nihon Hoshou Co., Ltd.; the receivables purchase and collection business conducted by Partir Servicer Co., Ltd.; the Credit & Installment Sales Business conducted by Nexus Card Co., Ltd. and MIRAI Co., Ltd.; and the Securities Business conducted by J Trust Global Securities Co., Ltd. The segment mainly serves small and medium-sized enterprises, sole proprietors, and individual consumers, and has diverse revenue sources including guarantee fee income, collection income, installment fees, and trading gains.
Recent Overview
Operating revenue increased 23.8% and segment profit increased 52.5% due to higher debt collection income and installment fees
In Q1 FY2026 (ending December 2026), operating revenue of the Japan Financial Business was ¥5,253 million (up 23.8% year on year), and segment profit was ¥2,633 million (up 52.5% year on year). In the Debt Collection Business, book value adjustment gains based on the effective interest method continued to increase steadily, and at Nexus Card, installment fee income expanded due to an increase in installment transaction volume. In addition, the guarantee business also expanded steadily, with Nihon Hoshou's credit guarantee balance reaching ¥300 billion at the end of March 2026. The balance of unsecured guarantees (advance payment guarantees) surged to ¥19,925 million, up 829.5% year on year.
Key Products
Growth Drivers
- Continued buildup of guarantee balances for apartment loans and overseas real estate-backed loans (balance of guarantee obligations of ¥289,856 million, up 17.2% year on year)
- Rapid expansion of unsecured guarantee balance due to the launch of advance payment guarantee services (¥19,925 million, up 829.5% year on year)
- Expansion of the installment receivables balance due to increased installment transaction volume for hair removal salons and beauty clinics (¥20,946 million, up 33.6% year on year)
- Increase in book value adjustment gains at Partir Servicer based on the effective interest method
- Expansion of securities-business-related assets at J Trust Global Securities (increase in deposits, loans secured by securities, margin trading assets, etc.)
- Expanded use of credit guarantee services due to a steady increase in the number of partner financial institutions
Risks
- Increase in provisions for allowance for doubtful accounts (loss valuation allowance) at Nihon Hoshou and Nexus Card
- Risk of declining debt collection due to deterioration in debtors' financial conditions caused by yen depreciation, price inflation, and rising borrowing rates
- Deterioration of the earnings environment in the securities business due to intensifying price competition, mainly among online securities firms
- Increase in expenses such as commissions paid related to IFA support services at J Trust Global Securities
- Risk of fluctuations in receivables purchase prices
Last updated: March 24, 2026