Credit Saison president to increase settlement bonus to 1.2 million yen

Credit Saison President Katsumi Mizuno responded to an interview with the Sankei Shimbun on the 3rd.

Consolidated business profit, which indicates profits from the main business, reached a record high for the second consecutive year. In light of the fact that the company was able to achieve its 100 billion yen goal one year ahead of schedule, the company announced that it would increase the performance-linked settlement bonus this summer, which is uniformly paid to all approximately 4,000 employees, to 1.2 million yen from the previous year's approximately 1 million yen. In addition to the current steady domestic business, the overseas business, which has been selective and concentrated, is expected to recover, and the company is aiming for a record high profit for the third consecutive year.

Mr. Mizuno emphasized, ``The efforts of our employees were significant in achieving our goals ahead of schedule.'' The company also announced that while settlement bonuses will be paid uniformly to all employees, regular bonuses, which are paid twice a year, will be paid in a variety of ways depending on the contribution of each individual employee.

Aiming to achieve record profits for the third consecutive year, the analysis said, ``The domestic business is gaining earning power due to progress in structural reforms.'' With the recovery in global business performance as a tailwind, he exuded confidence, saying, ``There is no doubt that we will achieve the highest profit for three years in a row.''