Monex Group, Inc. · TSE:8698

Monex — Q2 FY2024 Earnings Presentation

25 slides from Monex's earnings presentation, Oct 27, 2023

  1. Slide 1: DATABOOK Financial Results for 2Q of Fiscal Year Ending March 31, 2024

    TSE Prime: 8698 Monex Group DATABOOK Financial Results for 2Q of Fiscal Year Ending March 31, 2024 October 27, 2023

  2. Slide 2: Table of Contents

    Table of Contents P.1 I. Market & Transaction Data P.2 ~ P.6 II. Financial Data P.7 ~ P.23 This is an English translation of Japanese presentation material prepared in connection with the disclosure of the financial results of Monex Group, Inc. It includes information derived from the consolidated f

  3. Slide 3: I. Market & Transaction Data

    I. Market & Transaction Data © Monex Group, Inc. 2

  4. Slide 4: Market and Transaction Data (1) Japan Segment - Monex, Inc.

    Market and Transaction Data (1) Japan Segment - Monex, Inc. FYE Mar. 2022 FYE Mar. 2023 FYE Mar. 2024 2Q End 3Q End 4Q End 1Q End 2Q End 3Q End 4Q End 1Q End 2Q End Customers’ Assets in Custody (JPY million）(*1) Equities 3,540,073 3,589,283 3,642,447 3,517,048 3,508,852 3,601,048 3,828,186 4,193,533

  5. Slide 5: Market and Transaction Data (2) Japan Segment - Monex, Inc.

    Market and Transaction Data (2) Japan Segment - Monex, Inc. FYE Mar. 2022 FYE Mar. 2023 FYE Mar. 2024 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Equities and ETFs, etc. Total trading volume of individual investors of 2 Japanese 15,733 16,141 17,715 15,521 15,346 17,744 16,630 20,089 20,810 major markets（JPY 100mill

  6. Slide 6: Market and Transaction Data (3) U.S., Crypto Asset, and Asia-Pacific Segment

    Market and Transaction Data (3) U.S., Crypto Asset, and Asia-Pacific Segment FYE Mar. 2022 FYE Mar. 2023 FYE Mar. 2024 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q U.S. Segment – TradeStation Group Customers’ Assets in Custody (JPY million) (*1) 1,254,015 1,413,790 1,463,980 1,263,405 1,293,773 1,176,402 1,340,245 1,

  7. Slide 7: Market and Transaction Data (4) Number of Employees

    Market and Transaction Data (4) Number of Employees FYE Mar. 2022 FYE Mar. 2023 FYE Mar. 2024 2Q End 3Q End 4Q End 1Q End 2Q End 3Q End 4Q End 1Q End 2Q End Japan Segment 421 469 466 480 495 502 513 538 537 Monex Group, Inc. 44 47 45 46 40 40 42 42 43 Monex, Inc. 341 342 339 349 367 360 365 380 380

  8. Slide 8: II. Financial Data

    II. Financial Data © Monex Group, Inc. 7

  9. Slide 9: Quarterly consolidated financial results

    Quarterly consolidated financial results (JPY million) FYE Mar. 2023 FYE Mar. 2024 2Q 3Q 4Q 1Q 2Q Commission received 9,604 8,895 9,357 9,741 10,120 Net trading income 2,415 3,188 2,563 1,988 2,591 Financial income 7,352 7,253 8,360 10,057 9,693 Sales 218 68 84 70 75 Other operating income 377 243 2

  10. Slide 10: Quarterly consolidated financial results (Reclassified)

    Quarterly consolidated financial results (Reclassified) (JPY million) FYE Mar.2023 FYE Mar.2024 FYE Mar.2023 FYE Mar.2024 2Q 3Q 4Q 1Q 2Q 2Q 3Q 4Q 1Q 2Q Brokerage commissions 5,762 5,585 5,594 5,947 6,124 Transaction-related expenses 5,826 5,815 5,851 5,881 6,092 Stocks and ETFs 2,804 2,711 2,576 3,0

  11. Slide 11: Quarterly financial results by segment Japan Segment

    Quarterly financial results by segment Japan Segment (JPY million) FYE Mar.2023 FYE Mar.2024 FYE Mar.2023 FYE Mar.2024 2Q 3Q 4Q 1Q 2Q 2Q 3Q 4Q 1Q 2Q Brokerage commissions 2,301 2,250 2,114 2,580 2,513 Transaction-related expenses 2,083 2,273 2,405 2,378 2,413 Stocks and ETFs 2,237 2,183 2,052 2,523

  12. Slide 12: Quarterly financial results by segment US Segment

    Quarterly financial results by segment US Segment (JPY million) FYE Mar.2023 FYE Mar.2024 FYE Mar.2023 FYE Mar.2024 2Q 3Q 4Q 1Q 2Q 2Q 3Q 4Q 1Q 2Q Brokerage commissions 3,398 3,275 3,404 3,315 3,584 Transaction-related expenses 3,009 3,037 3,031 3,062 3,332 Stocks and ETFs 509 471 456 457 468 Commiss

  13. Slide 13: Quarterly financial results by segment US Segment (USD thousand)

    Quarterly financial results by segment US Segment (USD thousand) FYE Mar.2023 FYE Mar.2024 FYE Mar.2023 FYE Mar.2024 2Q 3Q 4Q 1Q 2Q 2Q 3Q 4Q 1Q 2Q Brokerage commissions 24,730 23,592 25,539 23,990 24,793 Transaction-related expenses 21,615 21,790 22,770 22,156 23,056 Commissions paid 9,153 8,837 10,

  14. Slide 14: Quarterly financial results by segment Crypto Asset Segment

    Quarterly financial results by segment Crypto Asset Segment (JPY million) FYE Mar.2023 FYE Mar.2024 FYE Mar.2023 FYE Mar.2024 2Q 3Q 4Q 1Q 2Q 2Q 3Q 4Q 1Q 2Q Brokerage commissions 4 3 6 9 7 Transaction-related expenses 725 526 432 460 394 Stocks and ETFs - - - - - Commissions paid 102 61 63 76 53 Opti

  15. Slide 15: Quarterly financial results by segment Asia-Pacific Segment

    Quarterly financial results by segment Asia-Pacific Segment (JPY million) FYE Mar.2023 FYE Mar.2024 FYE Mar.2023 FYE Mar.2024 2Q 3Q 4Q 1Q 2Q 2Q 3Q 4Q 1Q 2Q Brokerage commissions 155 153 153 131 130 Transaction-related expenses 111 77 71 70 66 Stocks and ETFs 155 153 153 131 130 Commissions paid 12 1

  16. Slide 16: Quarterly financial results by segment Investment Segment

    Quarterly financial results by segment Investment Segment (JPY million) FYE Mar.2023 FYE Mar.2024 FYE Mar.2023 FYE Mar.2024 2Q 3Q 4Q 1Q 2Q 2Q 3Q 4Q 1Q 2Q Brokerage commissions - - - - - Transaction-related expenses 2 4 2 5 4 Stocks and ETFs - - - - - Commissions paid 0 1 0 1 1 Options and Futures -

  17. Slide 17: Yearly consolidated financial results

    Yearly consolidated financial results (JPY million) FYE Mar. 2022 FYE Mar. 2023 Variance Change Commission received 37,361 36,953 -408 -1.1% Net trading income 30,477 10,788 -19,689 -64.6% Financial income 18,886 29,413 10,526 55.7% Sales 950 960 11 1.1% Other operating income 1,109 1,190 81 7.3% To

  18. Slide 18: Yearly consolidated financial results (Reclassified)

    Yearly consolidated financial results (Reclassified) (JPY million) FYE FYE Variance Change FYE FYE Variance Change Mar.2022 Mar.2023 Mar.2022 Mar.2023 Brokerage commissions 24,809 22,338 -2,471 -10.0% Transaction-related expenses 26,742 24,262 -2,480 -9.3% Stocks and ETFs 15,403 10,896 -4,506 -29.3%

  19. Slide 19: Yearly financial results by segment Japan Segment

    Yearly financial results by segment Japan Segment (JPY million) FYE FYE Variance Change FYE FYE Variance Change Mar.2022 Mar.2023 Mar.2022 Mar.2023 Brokerage commissions 13,189 8,952 -4,236 -32.1% Transaction-related expenses 7,206 8,769 1,563 21.7% Stocks and ETFs 12,921 8,688 -4,233 -32.8% Commiss

  20. Slide 20: Yearly financial results by segment US Segment

    Yearly financial results by segment US Segment (JPY million) FYE FYE Variance Change FYE FYE Variance Change Mar.2022 Mar.2023 Mar.2022 Mar.2023 Brokerage commissions 11,286 13,127 1,841 16.3% Transaction-related expenses 12,527 12,948 421 3.4% Stocks and ETFs 2,177 1,967 -211 -9.7% Commissions paid

  21. Slide 21: Yearly financial results by segment Crypto Asset Segment

    Yearly financial results by segment Crypto Asset Segment (JPY million) FYE FYE Variance Change FYE FYE Variance Change Mar.2022 Mar.2023 Mar.2022 Mar.2023 Brokerage commissions 31 17 -14 -45.1% Transaction-related expenses 7,151 2,600 -4,551 -63.6% Stocks and ETFs - - - - Commissions paid 755 339 -4

  22. Slide 22: Yearly financial results by segment Asia-Pacific Segment

    Yearly financial results by segment Asia-Pacific Segment (JPY million) FYE FYE Variance Change FYE FYE Variance Change Mar.2022 Mar.2023 Mar.2022 Mar.2023 Brokerage commissions 769 630 -140 -18.1% Transaction-related expenses 338 350 12 3.5% Stocks and ETFs 769 630 -140 -18.1% Commissions paid 56 45

  23. Slide 23: Yearly financial results by segment Investment Segment

    Yearly financial results by segment Investment Segment (JPY million) FYE FYE Variance Change FYE FYE Variance Change Mar.2022 Mar.2023 Mar.2022 Mar.2023 Brokerage commissions - - - - Transaction-related expenses 7 9 2 31.6% Stocks and ETFs - - - - Commissions paid 2 2 -0 -1.4% Options and Futures -

  24. Slide 24: Investments in securities

    Investments in securities (JPY million) As of As of Measurement method Description Mar. 31, 2023 Sep. 30, 2023 Total assets (*) 1,504,110 1,574,344 Investments in securities (*) 13,149 15,016 Fair Value Through Profit or Loss (FVTPL) Quoted prices (unadjusted) in active markets for Level 1 1,058 1,1

  25. Slide 25: © Monex Group, Inc. www.monexgroup.jp/

    © Monex Group, Inc. www.monexgroup.jp/

Monex Group — Q2 FY2024 Earnings Presentation on 6ix