KUALA LUMPUR: Aeon Credit Service (M) Bhd
is targeting a loan growth of about 8% for the financial year ending Feb 28, 2027 (FY27), driven by revenue expansion, stable asset quality and enhanced operational efficiency.
Managing director Daisuke Maeda said the target reflected the expectations of moderating consumer spending and potential changes in customer repayment behaviour, which has prompted 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 have observed 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 AGM.
Maeda said the company was expanding its presence in the superbike loan segment involving motorcycles with engine capacities exceeding 250cc, noting that demand had 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.
In a statement, AEON Credit said it was also targeting a return on equity of about 12% while maintaining its cost-to-income ratio, excluding impairment losses, below 30%.
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 two 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 sen per share paid in November 2025, this brings the total dividend to 30.75 sen per share, amounting to RM157.01mil for FY26 and representing a dividend payout ratio of 40.7%.
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
