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CREDIT SAISON FY2026 1Q Summary of Financial Results August 12 , 2026 Tokyo Stock Exchange Prime Market , Securities Code : 8253
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2© CREDIT SAISON CO., LTD. 01．FY2026 1Q Financial Results Overview
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3 © CREDIT SAISON CO., LTD. Achieved record-high business profit Summary FY25-1Q FY26-1Q YoY YoY difference FY26 plan Progress rate Net revenue 108.9 122.4 112.4% 13.5 507.5 24.1% Consolidated Business profit 22.9 30.4 132.7% 7.5 110.0 27.7% Profit attributable to owners of parent 16.0 21.7 135.1% 5.6 75.5 28.8% Non- consolidated Operating revenue 82.6 88.8 107.5% 6.1 364.5 24.4% Operating profit 16.1 16.3 101.1% 0.1 59.5 27.5% Ordinary profit 18.7 19.7 105.6% 1.0 66.0 29.9% Profit 16.4 13.1 80.0% -3.2 44.0 29.9% ◼ 1Q consolidated results showed increased revenue and profit *See the next slide, Overview of Business Results by Segment • Domestic businesses, led by the Payment and Finance segments, are progressing steadily above plan • The Global business is also recovering, led by India, getting off to a strong start toward achieving the full-year plan 1. Rebound from losses on the partial sale of Suruga Bank shares recorded in the previous fiscal year (1.4 billion yen) 2. Loss associated with the withdrawal from the amusement business following the decision in the previous fiscal year to sell the business as part of group restructuring(3.2 billion yen) *The timing of recognition of losses associated with withdrawal from the amusement business differs between consolidated and non-consolidated financial statements due to differences in applicable accounting standards. In the consolidated financial statements (IFRS: International Financial Reporting Standards), they were recorded in the previ ous fiscal year based on the fact of the decision to sell (dated 2025.12.19), and in the non-consolidated financial statements (JGAAP: Japanese GAAP), they were recorded in the current fiscal year based on the completion of the sale (dated 2026.4.1). (billion yen) ① ②
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4 © CREDIT SAISON CO., LTD. Overview of Business Results by Segment FY25-1Q FY26-1Q YoY FY26 Plan Progress rate Main factors behind YoY difference Payment Net revenue 67.2 70.9 105.5% 287.4 24.7% ・Revenue increased due to growth in shopping revolving credit and installment revenue, etc., but credit costs and financing costs also increasedBusiness profit 12.1 11.6 96.3% 33.5 34.9% [Reference] Former Payment Business 11.5 11.2 97.0% 32.0 35.0% * Figures for the Payment Business excluding the continuing operations reclassified into this segment Lease Net revenue 3.4 4.0 116.1% 16.2 24.8% ・Balance growth and an increase in lease rates Business profit 1.0 1.1 103.2% 4.8 23.4% Finance Net revenue 18.0 23.3 129.8% 94.5 24.7% ・Higher applied interest rates on floating-rate products and expanded profit contributions from Saison Fundex and Suruga Bank ・IFRS adjustments, etc. (Gain on valuation of operational investment securities) were recorded Business profit 9.0 13.8 153.3% 48.7 28.4% Real estate related Net revenue 4.9 5.4 108.9% 30.0 18.1% ・The timing of the planned asset sale at Saison Realty was pushed back from the originally planned 1Q to 2HBusiness profit 1.8 1.7 91.3% 14.0 12.3% Global Net revenue 14.1 19.1 135.9% 80.6 23.8% ・Growth of the India business, driven by growth in the receivables balance and a rebound from prior-year special factors (impact of the government guarantee system), etc. Business profit or loss -0.8 2.2 － 9.0 25.3% [Reference] Former Entertainment Business Net revenue 1.7 － － － － * Figures related to the amusement business Business profit 0.1 － － － － Consolidated Net revenue 108.9 122.4 112.4% 507.5 24.1% Business profit 22.9 30.4 132.7% 110.0 27.7% * From FY26-1Q, due to the withdrawal from the amusement business, the “Entertainment Business” has been abolished, and the continuing operations previously included in that business have been reclassified into the “Payment Business.” Accordingly, FY25 figures have been restated based on the revised reporting segment classification. In addition, for comparison purposes, figures for the Payment Business excluding the reclassified continuing operations are shown as the “Former Payment Business,” and figures related to the amusement business are shown as the “Former Entertainment Business.” (billion yen)
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5 © CREDIT SAISON CO., LTD. Contribution by Consolidated Companies ■ Business Profit Difference Consolidated business profit Non-consolidated ordinary profit Difference FY26-1Q 30.44 19.76 10.68 (Year-on-year difference) 7.50 1.05 6.45 ■ Contribution by Consolidated Companies Contribution to business profit Year-on-year difference Business description Major consolidated subsidiaries SAISON FUNDEX CORPORATION 5.26 +1.40 Real estate financing business, credit guarantee business, and personal loan business Kisetsu Saison Finance(India)Pvt. Ltd. 2.78 +3.21 Digital lending business in India Saison Asset Management Co., Ltd. 0.54 +0.19 Establishment, management, and sale of investment trusts Saison Realty Group 0.19 +0.01 Comprehensive real estate business Major equity method affiliates Suruga Bank Ltd. 2.31 +0.86 Banking HD SAISON Finance Co., Ltd. 0.64 -0.51 Retail finance business in Vietnam Takashimaya Financial Partners Co., Ltd. 0.30 +0.01 Credit card business, insurance business, investment trust business, and trust business Seven CS Card Service CO., LTD. 0.28 +0.06 Credit card business (billion yen) (billion yen)
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6© CREDIT SAISON CO., LTD. 02．Global Business Overview of Main Business Segments
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7 © CREDIT SAISON CO., LTD. Global Business Overview FY25-1Q FY26-1Q YoY 1Q Topics Segment business profit △0.8 2.2 +3.1 While progress varies across country, overall performance has been strong, putting us on track to achieve the full-year profit plan of JPY 9.0 billion Lending Business* 0.9 2.6 +1.7 India △0.4 2.7 +3.2 Robust growth of 32% YoY in receivable balance; off to a solid start toward achieving the full-year profit plan of JPY 10 billion- level Brazil 0.4 0.0 △0.4 While the receivables balance grew steadily, provision for credit losses was recorded following the increase of perceived credit risk in certain portfolio assets Vietnam 1.1 0.6 △0.5 Receivables balance continued to grow, while on an IFRS basis, adjustments including ECL are taken into account Investment Business △1.8 △0.4 +1.4 Valuation losses were recorded on certain investments, but the impact on the full-year profit plan is limited *Investment balance of approx. JPY 19 billion as of June 30, 2026 Indonesia 1Q update Discussions are ongoing with local authorities on an exit * The Lending Business includes businesses in countries other than the three listed above, as well as costs associated with g lobal business operations, including personnel expenses (business unit costs) (JPY billion)
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8 © CREDIT SAISON CO., LTD. India Business : From Profit Recovery to Growth ■Credit Saison India’s Business Profit 10 billion-level (JPY billion) Steady profit progress • Achieved profit of JPY2.7 billion, up JPY3.2 billion YoY. • Off to a solid start toward the full year profit target of JPY 10 billion-level *Kisetsu Saison Finance(India)Pvt. Ltd. 1Q (April-June) Overview -0.4 0.7 2.6 2.2 2.7 1Q FY25 2Q 3Q 4Q FY26 1Q FY25 full year: JPY 5.1 billion FY26 full year (plan) JPY10 billion-level Drivers of profit growth • Higher revenue driven by growth in the receivables balance • Improved portfolio stability and lower credit costs through the expansion of secured loans and enhanced risk controls • Optimization of funding costs through diversification of funding FY25 1-2Q: Credit costs increased due to special factors (impact of the government guarantee system), deterioration of asset quality before the transition of the credit model in FY24, etc.
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9 © CREDIT SAISON CO., LTD. FY25 1Q FY25 2Q FY25 3Q FY25 FY26 1Q FY24 FY25-1Q FY25-2Q FY25-3Q FY25 FY26-1Q FY26 Plan 16％ 48％ 14％ 23％ 15％ 47％ 14％ 24％ 15％ 30％ 17％ 38％ Branch Lending Embedded Finance Partnership Lending Wholesale Lending 18％ 41％ 14％ 27％ ～～ India Business：Balancing Portfolio Quality and Growth ◼ Expanding receivables through a direct lending-focused strategy while strengthening risk management ◼ Steady progress toward the FY26 target of JPY 475 billion 24％ 15％ 47％ 14％ 16％ 42％ 15％ 26％ 16％ 42％ 16％ 26％ Over 4x Trends in receivables balance （INR billion） FY24 FY25-1Q FY25-2Q FY25-3Q FY25 FY26-1Q FY26 plan 180 188 200 207 227 249 280 JPY base (End of period rate INR) 310 bn (1.75 yen) 320 bn (1.70 yen) 330 bn (1.68 yen) 360 bn (1.74 yen) 385 bn (1.71 yen) 425 bn (1.72 yen) 475 bn (1.71 yen)* QoQ growth +4% +4% +6% +3% +10% +10% +20% (annual) GNPA 1.2% 1.2% 1.4% 1.4% 1.3% 1.1% Benchmark Less than 2% ～～ FY26 plan Off-balance sheet asset : Credit Saison India sells loan receivables to financial institutions such as banks to improve asset and capital efficiency. *FY25 year-end rate of INR 1.71 used ✓ Scaling up while maintaining risk management Branch Lending Expansion of Secured Loans ✓ Steadily expanding receivables, up over 4x YoY ✓ Secured loans: FY26 target of approx. JPY 75 billion ■Secured loans Receivables balance Approx. 17 bn yen Approx. 31 bn yen Approx. 75 bn yen Approx. 25 bn yen Approx. 11 bn yen Approx. 7 bn yen Direct Lending
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10 © CREDIT SAISON CO., LTD. 【Appendix】 India Business: Business Model Business Model Wholesale Lending Partnership Lending Embedded Finance Branch Lending Unsecured Secured Overview Loans to Local NBFCs Loans through tech-enabled alliances with fintech partners Loans through tech enables alliances with non-financial companies Lending utilizing branches and sales agents Target Customers Local NBFCs Consumers/MSMEs originated by fintech partners Consumer MSMEs MSMEs/ Consumer Average lending interest rate ~13% Varies based on type of Partner ~22% ~17% 11–17% Average ticket size per customer 200–500 million INR Varies depending on Partner 50,000 - 500,000 INR 0.5 – 7.5 million INR 1 – 50 million INR Average loan tenure 12 - 24 months 3 - 36 months 18 - 36 months Approx. 30 months Approx. 160 months Number of Partners (incl. past transactions) 75⁺ 15⁺ 14 111 *locations GNPA (Gross Non-Performing Asset Ratio, as of June 30, 2026) 0.9% 0.5% 0.5% 3.7% 1.1% Collateral acquisition, etc. Set receivables as collateral Guarantees obtained from some partners ー ・Government guarantee systems ・Secured loans collateralized by residential and commercial real estate
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11 © CREDIT SAISON CO., LTD. Term Loan 34% STL etc. 15% ECBs 37% NCD 3% Subdebt 2% CP 10% Japanese Banks, 5 PSU Banks, 11 DFIs, 3 Pvt Banks etc., 16 Foreign Banks, 18 MFs, 7 Corporates, 4 ◼ Further strengthened the funding foundation by diversifying funding sources and instruments and signing an agreement for Credit Saison India’s largest-ever multi-currency ECB syndicated loan facility. Number of financial institutions ( by sector) Breakdown of outstanding borrowing (by debt type) 64 Financial Institutions (As of June 30, 2026) Approx. 339 billion yen (As of June 30, 2026) 【Appendix】 India Business：Diversification of Funding Sources 1Q Highlights ・Joint Lead Arrangers: ADB, Mizuho Bank, State Bank of India, Axis Bank, CTBC Bank, and DBS Bank. Signed an agreement to execute a US$500 million multi-currency ECB syndicated loan facility ・First participation by the Asian Development Bank (ADB).
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12 © CREDIT SAISON CO., LTD. 4.3 5.5 6.0 6.9 7.9 13 ～ 0.41 0.47 0.45 0.38 0.0 1.1 ◼ Expanding through the B2B2C lending model in partnership with local fintech companies, with loan balances steadily increasing ◼ Preparing to obtain SCFI(*) license ◼ In 1Q FY26, provision for credit losses was recorded following the increase in perceived credit risk in certain portfolio ass ets, affecting profit Brazil Business (BRL 100 million) JPY base （BRL 30.45 yen* ） *FY25 year-end rate of BRL 30.45 used 1Q FY25 2Q 3Q 4Q 1Q FY25 Full Year: 1.7 Plan FY26 ～ 1Q 2Q 3Q 4Q 1Q Plan FY26 * SCFI: a nonbank financial institution license unique to Brazil Profit contribution ～～ Approx .21.2bn Approx. 15.4bn Approx. 24.8bn Approx. 16.9bn Approx. 11.3bn Approx. 40.0bn (BRL 30.45 yen)(BRL 27.97 yen)(End of period rate) (BRL 31.40 yen)(BRL 28.10 yen)(BRL 26.44 yen) FY25 (JPY billion) Balance Provision on the FIDC* (approx. JPY 0.5 billion) *FIDC: A Brazil-specific securitization vehicle for loans, trade and lease receivables.
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13 © CREDIT SAISON CO., LTD. 18.6 19.3 22.0 24.2 25.4 1.1 0.2 -0.2 -0.6 0.6 ◼ Digitalization drove improved execution speed, with solid new lending and strong growth in loan receivables ◼ While profit grew steadily under local accounting standards, IFRS results incorporate future risks such as ECL. Vietnam Business Profit contribution JPY base FY25Full Year：0.4 1Q FY25 2Q 3Q 4Q 1Q FY26 [Ref.] IFRS adj. (includes ECL) FY25 FY26 1Q 2Q 3Q 4Q Full year 1Q ＋0.2 △0.5 △0.9 △1.4 △2.6 △0.4 1Q FY25 2Q 3Q 4Q FY26 1Q Approx. 147.9bn (VND 0.0061 yen) Approx. 108.3bn (VND 0.0056 yen) Approx. 157.8bn (VND 0.0062 yen) Approx. 132.4bn (VND 0.0060 yen) Approx. 104.1bn (VND 0.0056 yen) (End of period rate) (JPY billion) (JPY billion) Receivables balance (VND trillion)
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14© CREDIT SAISON CO., LTD. 03． Payment Business Overview of Main Business Segments
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15 © CREDIT SAISON CO., LTD. ① Variance vs. Plan for 1Q (approx. +2.0 billion yen) ・Operating revenue increased by 1.5 billion yen due to an increase in shopping-related revenue, etc. ・Despite credit costs exceeding the plan, cost containment centered on financing costs and profit from investments accounted for using the equity method, etc., contributed to an increase of 0.5 billion yen. ② Difference Between 1H and 2H Plans In 2H, in addition to growth in shopping revolving credit and installments, profit is expected to exceed the 1H level due to the effects of various initiatives,* etc. *E.g., expanding the cards subject to card service fees and beginning to charge collection administration fees Payment Business Overview ■Main Factors Behind YoY Difference and Variance vs. Plan FY26-1Q revenue increased due to growth in shopping revolving credit and installment revenue, etc., while operating expenses (credit costs, financing costs, advertising and promotion expenses, etc.) increased FY25-1Q FY26-1Q YoY Difference FY26 Plan Segment Business Profit 12.1 11.6 -0.4 33.5 Former Payment Business 11.5 11.2 -0.3 32.0 ◼ 1Q started with progress exceeding the plan FY25上期 FY26-1Q FY26上期 FY26下期 11.6 billion yen 1Q 2Q FY26 plan （full year） FY25 1H (results) ① ② 1Q Plan Assumptions: Factoring in cost increases from implementing various initiatives, such as mass advertising related to the Japan national football team, etc. 1Q: 12.1 2Q: 6.1 18.2 billion yen 33.5 billion yen *FY25 full-year actual: 32.2 billion yen *From FY26-1Q, due to the withdrawal from the amusement business, the “Entertainment Business” has been abolished, and the continuing operations previously included in that business have been reclassified into the “Payment Business.” Accordingly, FY25 figures have been restated based on the revised reporting segment classification. In addition, for comparison purposes, figures for the Payment Business excluding the reclassified continuing operations are shown as the “Former Payment Business.” FY26-1Q (results) FY26 1H (plan) FY26 2H (plan) (billion yen)
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16 © CREDIT SAISON CO., LTD. FY24-1Q FY25-1Q FY26-1Q (10,000s) 29 30 38 FY24-1Q FY25-1Q FY26-1Q 1.44 1.49 1.56 General cards’ shopping transaction volume growth rate: New Card Issuance (trillion yen) Shopping Transaction Volume Collaboration Campaign with Ado ＋10pt Through a holistic approach that integrates not only card issuance but also e-commerce initiatives such as original merchandise, and social media, we will co-create a “new fan experience.” July 2026: Limited-time application period began “SAISON CARD Digital <Ado>” Progress of Strategy Building on the Revenue Base Established Through the Premium Strategy to Reinforce General Cards ◼ Steady expansion of the general card customer base in parallel with the Premium Strategy, leading to sustainable growth *The Premium Strategy refers to a strategy aiming to expand from free-annual-fee, mass-market general cards to Gold cards and above, and cards for sole proprietors and SMEs Premium card share General card share Approx. 40 ％ Approx. 45 ％ Approx. 50 ％ Premium card share General card share Premium Cards ✓Expanding the premium member base through card upgrades ✓Strengthening invitation appeals to high-activity customers General Cards ✓Expanding the customer base and creating new usage occasions through expansion in fandom activities and IP fields ✓Strengthening promotion by leveraging the customer base of existing partners In addition to an increase in new card issuance, reactivating the dormant segment of existing members * Comparison of YoY transaction volume growth between FY24 -1Q and FY26-1Q
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17 © CREDIT SAISON CO., LTD. Starting from the Expansion of Installment Payment Usage, Promoting Upselling to Revolving Credit to Build Up Balances ■ Shopping revolving credit and installment balances (billion yen) 490.5 495.2 501.5 506.4 507.9 508.4 515.0 24.3 30.0 34.6 39.8 42.6 46.5 70.0 111% 111% 111% 109% 107% 106% 106% 25/3 25/6 25/9 25/12 26/3 26/6 27/3計画 514.8 525.2 585.0 Installment 536.2 YoY Card shopping revolving 546.3 550.5 554.9 27/3 plan Installments A shift toward longer payment terms is progressing, contributing to improved profitability and balance growth ■ Change in Number of Installment Payments 6 or more installments share *FY26-1Q results Shopping Revolving Credit ✓Premium cards are driving balance growth ✓In anticipation of a further review of revolving credit rates going forward, we are considering a revision to the preferential rates for Premium cards (targeted for the second half) *Not yet reflected in the current fiscal year’s financial plan Approx. 35% (YoY: +8.5 pt)
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18© CREDIT SAISON CO., LTD. 04． Finance Business Overview of Main Business Segments
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19 © CREDIT SAISON CO., LTD. Overview of the Finance Business ◼ 1Q ramped up ahead of plan FY25-1Q FY26-1Q YoY difference FY26 plan Segment business profit 9.0 13.8 +4.8 48.7 Credit Saison 3.6 6.6 +3.0 － Saison Fundex 3.4 4.6 +1.2 － Suruga Bank 1.4 2.3 +0.8 － (billion yen) *Segment business profit includes Credit Saison, Saison Fundex, and Suruga Bank, in addition to other affiliated companies and intra-segment adjustments ✓ The guarantee business built up its balance of housing loan guarantees through the expansion of new partnerships, etc. ✓ Profitability improved in the real estate finance business due to rising interest rates leading to an increase in applied interest rates for floating-rate products ✓ Recorded IFRS adjustments, etc. (Gain on valuation of operational investment securities) ✓ The guarantee business built up its balance through the expansion of new partnerships and enhancement of its product lineup ✓ In addition to the real estate finance business capturing a wide range of customer needs through product expansion, an increase in applied interest rates also helped expand Saison Fundex’s contribution to business profit
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20 © CREDIT SAISON CO., LTD. 766.9 761.0 755.1 756.8 759.3 757.6 740.0 183.1 200.5 212.5 227.7 236.8 251.5 288.0 88.6 99.2 100.3 111.0 114.2 119.0 128.5 0 5,000 10,000 15,000 FY24 FY25-1Q FY25-2Q FY25-3Q FY25-4Q FY26-1Q FY26計画 229.2 227.5 228.0 226.1 226.0 224.7 222.0 113.7 126.7 142.8 164.5 241.3 262.8 310.0 404.5 438.9 490.4 547.2 599.5 651.8 754.0 0 5,000 10,000 15,000 FY24 FY25-1Q FY25-2Q FY25-3Q FY25-4Q FY26-1Q FY26計画FY26 plan Consolidated Balances Continue to Grow Steadily Guarantee Business Led by Growth in Secured Products (billion yen) (billion yen) ■ Guarantee business balance ■ Real estate finance business balance Mortgage loan guarantees No. of partnerships with financial institutions: 42 (+1 partnership in April to June period) Credit guarantees No. of partnerships with financial institutions: 56 (+2 partnerships in April to June period) Credit guarantees (unsecured) Credit guarantees (secured by real estate) Mortgage loan guarantees 861.2 747.4 1,286.0 793.1 Real estate secured loans* (incl. asset formation loans, etc.) Real estate secured loans Project loans *This page shows real estate-secured loans, including loans to corporations and high-net-worth individuals other than asset formation loans. 1,038.6 1,156.5 1,060.7 937.8 1,067.9 1,095.5 1,066.8 1,139.3 1,110.3 1,128.1 1,500.0 500.0 1,000.0 FY26 plan FY24 FY25-1Q FY25-2Q FY25-3Q FY25-4Q FY26-1Q FY26 planFY26-1QFY25-4QFY25-3QFY25-2QFY25-1QFY24 500.0 1,000.0 1,500.0
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21© CREDIT SAISON CO., LTD. Appendix.
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22 © CREDIT SAISON CO., LTD. -100 0 100 200 300 40060.0 20.0 10.0 30.0 FY25-2Q (Jul.-Sep.) FY25-3Q (Oct.-Dec.) FY25-4Q (Jan.-Mar.) FY26-1Q (Apr.-Jun.) Credit Risk [Consolidated] ■ Credit cost (consolidated) (billion yen) Impairment losses on financial assets 14.5 1.54% 1.58% 1.58% 1.59% 1.62% 0 30,000 60,000 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% FY25-1Q FY25-2Q FY25-3Q FY25-4Q FY26-1Q ■ Delinquency rate over 90 days (consolidated) (billion yen) Credit balance *Excluding the Indonesia-related impact: approx. 57.3 billion yen60.0 FY25-1Q (4-6月) FY26 plan Impairment of financial assets, of which, those related to the Global Business 21.0 12.4 59.5 Indonesia-related impact: approx. 5.0 billion yen in 2Q-4Q 14.3 FY25 full-year: 62.3 billion yen 16.4 (YoY difference: +19.0 billion yen) FY25-1Q (Apr.-Jun.) 3,000.03,000.0 6,000.0 -10.0 Global Business Of which, impact related to Brazil Approx. 0.5 billion yen
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23 © CREDIT SAISON CO., LTD. 2.17% 2.22% 2.09% 2.30% 2.34% 0 5,000 10,000 15,000 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 1Q 2Q 3Q 4Q 1Q Shopping 9.3 10.6 8.9 10.2 11.0 40.0 -100 100 300 500 Credit Risk [Non-Consolidated] ■ Credit cost (non-consolidated) (billion yen) ■ Delinquency rate over 90 days (non-consolidated) FY25-1Q (4-6月) FY25-2Q (7-9月) FY26 planFY25-3Q (10-12月) FY25-4Q (1-3月) Provision of allowance for doubtful accounts (Year-on-year change: +8.5 billion yen) *Year-on-year change excluding the impact of the special allowance: +2.4 billion yen FY25 full-year: 39.1 billion yen 3.31% 3.34% 3.40% 3.53% 3.54% 0 900 1,800 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 1Q 2Q 3Q 4Q 1Q Cash advances 2.31% 2.35% 2.23% 2.43% 2.47% 0 6,000 12,000 18,000 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 1Q 2Q 3Q 4Q 1Q Credit card total Credit balance Delinquent balance ✓ The delinquency rate fluctuates up and down but remains stable at a low level ✓ While the delinquent balance remains almost flat, the delinquency rate has increased in calculation terms due to the decrease in the credit balance ⇒ Changes in actual conditions are limited Credit balance Delinquent balance Delinquent balance Credit balance (billion yen)(billion yen)(billion yen) FY25 FY26 FY25 FY26 FY25 FY26 FY26-1Q (4-6月) 1,500.0 1,000.0 500.0 180.0 90.0 1,800.0 1,200.0 600.0 FY25-1Q (Apr.-Jun.) FY25-2Q (Jul.-Sep.) FY25-3Q (Oct.-Dec.) FY25-4Q (Jan.-Mar.) FY26-1Q (Apr.-Jun.) 50.0 30.0 10.0 -10.0
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24 © CREDIT SAISON CO., LTD. Financial Policy Long-term/fixed borrowing ratio (non-consolidated) 72.7% 75.5% 77.2% 81.6% 82.2% 67.8% 69.5% 70.1% 73.3% 72.0% 50.0% 60.0% 70.0% 80.0% 90.0% FY22 FY23 FY24 FY25 FY26-1Q Long-term ratio Fixed interest borrowing ratio 1,473.2 1,587.7 1,736.5 1,830.5 1,828.3 533.0 568.0 697.4 737.1 727.3490.0 444.0 428.0 315.0 319.0216.6 265.5 260.2 382.5 448.2 0 12,000 24,000 36,000 FY22 FY23 FY24 FY25 FY26-1Q 借入金 社債 CP 債権流動化 2,712.9 2,865.3 3,122.2 3,265.3 3,322.9 Balance of interest-bearing debt (non-consolidated) (billion yen) ■Structure of interest-bearing debt■Sound financial base FY26 plan: Incorporates 2 policy rate hikes for the year: April 2026: 1.00%, October 2026: 1.25% Credit ratings ・R&I A+ *Have maintained an A+ rating for over 25 years since October 1996 ・JCR AA− *Newly obtained in January 2025 • About 80% of the interest-bearing debt is composed of long-term funds • Fixed interest rate procurement accounts for about 70% of the total • Committed credit line, etc. of 650.0 billion yen is secured in terms of liquidity facility Borrowings from financial institutions Bonds payable Liquidation of receivables 1,200.0 2,400.0 3,600.0
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25 © CREDIT SAISON CO., LTD. Strategic Direction for Long-Term Growth Based on Changes in the Environment Against the backdrop of changes in the interest rate environment, there is room to enhance our funding structure Using changes in the interest rate environment as an opportunity, our growth model is entering the next stage of evolution ✓ Using changes in the interest rate environment as an opportunity, we will evolve our earnings structure and capital utilization, and accelerate sustainable growth In addition to interest income, there is room to diversify our earnings base There is room to optimize capital utilization through investment, recovery, and reinvestment Recognizing the Issues Strategic Direction Existing Businesses Payment Lease Finance Real estate related Global ＋ Strategic Background Transform Funding Structure Expand Non-Interest Income Capital-Recycling Model Utilize External Capital Stabilize funding costs, Improve customer LTV Accelerate capital turnover, improve capital efficiency Reduce equity capital burden, accelerate asset expansion Capture multilayered earnings opportunities Direction for Business Transformation Implement “banking & securities functions, etc.” through alliances and M&A Reproduced from the FY25 Financial Results Briefing
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26 © CREDIT SAISON CO., LTD. Approach to Capital Policy in FY26 for Long-Term Growth Based on Changes in the Environment Build a foundation for the next stage of profit creation through strategic investments in new businesses and in existing businesses via alliances and M&A Pursue investment opportunities that contribute to growth Shareholder Returns Financial Soundness Growth Investment ・ While maintaining a stable and continuous dividend policy, the FY26 dividend is expected to be 160 yen (dividend payout ratio of 30.4%) ・ Treasury shares held will be reduced to around 10% of the total number of shares, and any excess portion will, in principle, be canceled → May 2026: Decided to cancel 13.1% of the total number of issued shares before cancellation ・ Going forward, we will continue to consider share buybacks based on the balance with growth investment Shareholder Returns “Maintain funding stability” and “pursue a balance in financing costs” Maintain and improve ratings (R&I A+, JCR AA−) Financial Soundness ✓ We will give priority to pursuing potential investment opportunities that contribute to long -term growth and will flexibly consider them based on their progress Reproduced from the FY25 Financial Results Briefing (Partially Updated) *The reduction target is equivalent to 70% of the balance of cross-shareholdings as of March 31, 2024. The progress rate is calculated based on market value as of the same date. *In the consolidated financial statements, these are accounted for as other comprehensive income, and therefore do not affect net income attributable to owners of the parent company. ・Progress rate toward the reduction target* during the medium-term management plan period: 75.8% ・Continuing negotiations toward achieving the target Reduce Cross-Shareholdings (As of end of June 2026)
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27 © 2026 CREDIT SAISON CO., LTD. Shareholder Returns 0 60 120 180 FY20 FY21 FY22 FY23 FY24 FY25 FY26予想 19.5% 24.3% 25.1% 23.2% 28.4% 30.6% 30.4% 100.2% 65.4% 36.1 billion yen 35.3 billion yen 43.5 billion yen 72.9 billion yen 45 yen 55 yen 70 yen (Dividends per share: yen) ✓ FY25: Expecting 130 yen per share, which marks a 5th consecutive year of dividend increases (in line with initial forecast) ✓ FY26 forecast: Expecting increased sales and profit, year -end dividend is expected to be 160 yen per share, an increase for the sixth consecutive year Share buybacks Dividend payout ratio Total return ratio 66.3 billion yen 105 yen 50.0 billion yen 160 yen 20.0 billion yen 61.7 billion yen 120 yen 130 yen 75.5 billion yen FY26 forecast Profit attributable to owners of parent Reproduced from the FY25 Financial Results Briefing
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28 © CREDIT SAISON CO., LTD. Selected as a constituent of all 6 ESG indices adopted by GPIF, as well as the FTSE4Good Index Series External Recognition (Examples) ■ ESG recognitions * The inclusion of Credit Saison Co., Ltd. in any MSCI Index, and the use of MSCI logos, trademarks, service marks, or index names herein, do not constitute sponsorship, endorsement, or promotion of Credit Saison Co., Ltd. by MSCI or any of its affiliates. The MSCI Indexes are the exclusive property of MSCI. The names and logos of MSCI and the MSCI Indexes are trademarks or service marks of MSCI or its affiliates. Toward achieving net-zero greenhouse gas emissions by FY2050, we formulated a Climate Transition Plan in July 2025 and strengthened our initiatives. Initiatives Related to Climate Change ■ IR website recognitions Silver Prize (first win) ■ DX recognitions Received both the Grand Prize and Silver Prize in two major site rankings Recognized for achievements in promoting DX, and selected as a DX Brand for the fourth consecutive year Awarded for two consecutive years
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29© CREDIT SAISON CO., LTD. https://corporate.saisoncard.co.jp/en/ir/ https://corporate.saisoncard.co.jp/en/ir/ Integrated Report 2025 Investor Relations • This report uses “FY” to indicate fiscal years. For example, “FY25” refers to the fiscal year ended March 2026 (April 2025 to March 2026), and other fiscal years are indicated in the same manner. • This report contains forward-looking statements that reflect our plans and expectation. These forward -looking statements are not guarantees of future performance and known and unknown risks, uncertainties and other factors that may cause our actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward -looking statements. https://corporate.saisoncard.co.jp/en/ir/integrated_report/ https://corporate.saisoncard.co.jp/en/ir/integrated_report/