KUALA LUMPUR: Aeon Credit Service (M) Bhd
is targeting loan growth of about eight per cent for the financial year ending Feb 28, 2027 (FY2027), driven by revenue expansion, stable asset quality and enhanced operational efficiency.
Managing Director Daisuke Maeda said the target reflects the expectations of moderating consumer spending and potential changes in customer repayment behaviour, which prompts the company to adopt a more selective approach to credit assessments.
"Despite the cautious outlook, the company remains confident of expanding its motorcycle financing business, supported by stable asset quality and growing demand in selected segments.
"We observe that our motorbike financing and non-performing loans are quite stable, so we will continue to pursue growth and gain market share," he said at a press conference following the company’s 29th Annual General Meeting (AGM).
Maeda said the company is expanding its presence in the superbike loan segment involving motorcycles with engine capacities exceeding 250cc, noting that demand has risen alongside improving income levels among consumers.
"Sales in the segment have nearly doubled, while the company is also leveraging motorcycle-related credit card offerings to complement its hire-purchase business," he said.
Meanwhile, AEON Credit chairman Ng Eng Kiat said the company's sponsorship of Malaysian motorcycle racer Hakim Danish Ramli aligns with its strong presence in the motorcycle financing segment and commitment to supporting local talent.
"We are very glad that we could be part of his success, and will continue reviewing opportunities to support the young Malaysian racer in the future," he said.
In a statement, AEON Credit is also targeting a return on equity of about 12 per cent while maintaining its cost-to-income ratio, excluding impairment losses, below 30 per cent.
In line with its commitment to delivering consistent and meaningful returns to shareholders, the company said shareholders had approved the proposed payment of a final single-tier dividend of 15.75 sen per share, along with a special dividend of 2.00 sen per share.
"The special dividend was declared in recognition of the group’s upcoming 30th anniversary, marking an important chapter in its continued growth and development,” it said.
Together with the interim dividend of 13.00 sen per share paid in November 2025, this brings the total dividend to 30.75 sen per share, amounting to RM157.01 million for FY2026 and representing a dividend payout ratio of 40.7 per cent.
All resolutions listed in the notice of AGM dated May 22, 2026 and tabled at the 29th AGM were duly approved by the company’s shareholders. - Bernama
