ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter


Business Summary

AIFUL Corp. engages in the consumer finance, mortgage loan, guaranteed loan and real estate business. Its operations are carried out through the following segments: Financial and Others. The Financial segment is engaged in the provision of small-lot uncollateralized loan for general consumers, mortgage collateral, business loan for individual operators, credit guarantee, as well as the collection and management of debts, among others. The Others segment is involved in the development, investment and nurture of venture companies. The company was founded by Yoshitaka Fukuda in April 1967 and is headquartered in Kyoto, Japan.

Financial Highlights

Mar 2022 JPYUSD
Gross Profit104,968M934.10M
Operating income17,547M156.15M
Income before tax12,265M109.14M
Net income12,334M109.75M
Diluted EPS25.490.22
Dividends Per Share10.00
Total Assets935,642M7,708.68M
Total liabilities779,115M6,419.07M
Total equity153,900M1,267.97M
Operating cash flow-15,628M-139.07M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 108,973M 109,463M 120,140M 121,085M 124,603M
Gross Profit 79,848M 89,926M 99,313M 100,629M 104,968M
Operating income 2,481M 2,780M 8,141M 24,456M 17,547M
Income before tax 3,527M 3,420M 1,569M 18,149M 12,265M
Net income 3,957M 9,345M 1,389M 18,436M 12,334M
EBITDA 11,462M 12,446M 11,158M 27,874M 20,964M
Diluted EPS 8.18 19.32 2.87 38.11 25.49
Dividends Per Share 0 0 0 1 1
Total Assets 682,645M 760,587M 860,507M 863,354M 935,642M
Total liabilities 563,237M 632,568M 731,574M 715,665M 779,115M
Total equity 114,450M 124,275M 126,017M 145,556M 153,900M
Operating cash flow -70,221M -41,765M -51,133M 20,280M -15,628M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 983.22M 987.08M 1,104.98M 1,141.69M 1,108.83M
Gross Profit 720.43M 810.91M 913.42M 948.81M 934.10M
Operating income 22.38M 25.06M 74.87M 230.59M 156.15M
Income before tax 31.82M 30.84M 14.43M 171.12M 109.14M
Net income 35.70M 84.26M 12.77M 173.83M 109.75M
EBITDA 103.41M 112.23M 102.62M 262.81M 186.55M
Diluted EPS 0.07 0.17 0.02 0.35 0.22
Dividends Per Share 0 0 0 0.00 0.00
Total Assets 6,418.85M 6,871.63M 7,970.97M 7,813.15M 7,708.68M
Total liabilities 5,296.06M 5,715.02M 6,776.65M 6,476.60M 6,419.07M
Total equity 1,076.16M 1,122.78M 1,167.31M 1,317.24M 1,267.97M
Operating cash flow -633.57M -376.61M -470.29M 191.21M -139.07M

Valuation Measures

Mar 2022
Operating margin14.08%
Profit margin9.89%

Key executives

  • President & Representative Director: Mitsuhide Fukuda
  • Executive Officer & General Manager-Finance: Hiroyuki Otomo
  • Manager-Information Systems Development: Takayuki Nakata
  • Executive Officer & Deputy GM-Guarantee Business: Atsushi Suda
  • Executive Officer, Head-Internal Audit & Legal: Junichi Niizuma


  • T. Rowe Price International Ltd. (3.6%)
  • Nomura Asset Management Co., Ltd. (2.3%)
  • The Vanguard Group, Inc. (1.5%)
  • Nikko Asset Management Co., Ltd. (1.1%)
  • Daiwa Asset Management Co. Ltd. (1.0%)
  • BlackRock Fund Advisors (0.9%)
  • Dimensional Fund Advisors LP (0.8%)

Contact Details

  • Website:
  • Address: 381-1 Takasago-cho, Gojo-Agaru, Karasuma-Dori, Kyoto, 600-8420, Japan
  • Phone: +

Related Companies

  • AG Loan Services Corp.
  • Life Guarantee Co., Ltd.
  • AsTry Partners KK
  • AsTry Loan Services Corp.
  • LIFE CARD Co., Ltd.
  • Marutoh KK
  • AG Capital Co. Ltd.
  • Kardio Third Tmk
  • City's Corp.


    Last Updated on 4 Oct, 2022

    Discover the all new Nikkei Asia app

    • Take your reading anywhere with offline reading functions
    • Never miss a story with breaking news alerts
    • Customize your reading experience

    Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

    Celebrate our next chapter
    Free access for everyone - Sep. 30

    Find out more