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Zenhoren narrows losses on lower credit costs, FY2026 results beat guidance
ZENHOREN CO.,LTD. <5845> narrowed losses in afternoon trade and briefly turned positive. Around 12:30 p.m., the company announced its non-consolidated results for the fiscal year ended March 2026 beat previous guidance. Revenue reached 26.15 billion yen (up 1.9% year-on-year) against a prior forecast of 26.1 billion yen, operating profit hit 3.15 billion yen (up 23.6%) against 3.0 billion yen, and net profit reached 1.68 billion yen (up 3.6%) against 1.64 billion yen.
The outperformance was driven by a larger-than-expected reduction in credit costs, achieved by focusing on high-quality clients leveraging the MUFG Group’s credit profile. ZENHOREN refined its screening process via a proprietary AI system and strengthened collection efforts to reduce subrogation claim balances, which are precursors to bad debt. Additionally, operational digitalization and efficiency gains helped reduce expenses beyond initial projections.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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