Ichiyoshi Securities Co., Ltd. · TSE:8624
Ichiyoshi Securities — FY2023 Earnings Presentation
17 slides from Ichiyoshi Securities's earnings presentation, April 2024
Slide 1: IR Presentation for Fiscal year ending March 2024
Stock Code：8624 IR Presentation for Fiscal year ending March 2024 Ichiyoshi Securities Co., Ltd. April, 2024
Slide 2: Ⅰ: Business Result (Consolidated)
Ⅰ: Business Result (Consolidated)
Slide 3: 1. Profit and Loss
1. Profit and Loss ◆Operating revenue amounted to 18,837 million yen, an increase of 2,170 million yen (up 13.0%) from the year-earlier period. ◆ Current income amounted to 2,875 million yen, an increase of 1,659 million yen (up 136.4%) from the year-earlier period. ◆ Net income attributable to owne
Slide 4: 2. Breakdown of Net Operating Revenue
2. Breakdown of Net Operating Revenue ◆ Commissions amounted to 18,372 million yen, an increase of 2,153 million yen (up 13.3%) from the year-earlier period, mainly due to increased in brokerage commissions and other sources (mainly trust fees on investment trusts). (JPY mil.) (JPY mil.) Year-on- Ye
Slide 5: 3. Breakdown of Commission Revenue
3. Breakdown of Commission Revenue ◆ Brokerage commissions on stocks amounted to 5,336 million yen, an increase of 868 million yen (up 19.4%) from the year-earlier period. ◆ Commissions from distribution of investment trusts amounted to 2,563 million yen, a decrease of 78 million yen (down 3.0%) fro
Slide 6: 4. Breakdown of Gains or loss on Trading
4. Breakdown of Gains or loss on Trading ◆ Net gains on trading amounted to 91 million yen, an increase of 19 million yen (up 27.8%) from the year-earlier period, chiefly as net trading income on stocks increased. (JPY mil.) (JPY mil.) FY 2023 Year-on- Year-on- FY 2022 FY 2023 year (%) year 1Q 2Q 3Q
Slide 7: 5. Operating Cost and Expenses
5. Operating Cost and Expenses ◆ Operating cost and expenses amounted to 15,995 million yen, an increase of 536 million yen (up 3.5%) from the year-earlier period, mainly increased in personnel expenses. (JPY mil.) (JPY mil.) Year-on- Year-on- FY 2022 FY 2023 20,000 year (%) year Transaction related
Slide 8: 6. Balance Sheets/Financial Result
6. Balance Sheets/Financial Result Balance Sheets Financial Result Total Assets (JPY mil.) 60,000 Current assets Fixed assets Change from 50,000 46,647 FY 2023 42,670 FY 2022 end. 40,000 Increase in cash and Equity ratio (%) 62.1 ▲3.1 30,000 deposits, deposits paid 40,587 37,105 for underwritten 20,
Slide 9: Ⅱ: Business Circumstances
II : Business Circumstances
Slide 10: 1. Commission Revenue
1. Commission Revenue (JPY mil.) 6,000 Investment trusts (trust fees, etc.) Distribution Brokerage Others 5,206 5,004 5,045 207 5,000 4,799 392 542 202 4,471 4,455 4,243 178 158 4,239 4,137 4,074 3,989 141 1,535 182 317 3,911 4,000 196 1,410 1,379 174 143 1,376 1,247 1,383 1,170 1,150 1,086 1,104 1,
Slide 11: 2. Customer Assets in Custody
2. Customer Assets in Custody Investment trusts Stocks Others (JPY 100 mil.) 22,617 505 22,000 19,740 19,895 20,000 19,665 19,171 19,400 19,517 708 19,081 897 998 538 598 433 17,929 512 17,750 18,000 17,479 450 588 16,504 565 15,902 11,464 16,000 508 15,360 1,076 14,777 14,306 601 9,264 13,697 642 1
Slide 12: 3. Quarterly Customer Assets in Custody
3. Quarterly Customer Assets in Custody Investment trusts Stocks Others (JPY 100 mil.) 22,617 505 22,000 20,605 20,768 20,461 20,459 20,101 19,968 19,517 514 499 20,000 626 510 616 606 18,847 19,081 598 18,718 18,500 550 512 514 518 18,000 11,464 16,000 10,320 10,342 10,390 9,948 10,197 9,542 14,000
Slide 13: 4. Trend of Investment Trust Fees and Its Cost Coverage (Month-end Average)
4. Trend of Investment Trust Fees and Its Cost Coverage (Month-end Average) Investment trust fees ＋ wrap-account fees Note: Cost coverage ratio ＝ × 100 (%) Cost (operating cost & expenses) (JPY mil.) 1,600 Cost (left axis) 70% 1,529 1,497 1,494 Investment trust fees 1,476 1,482 + wrap-account fees (
Slide 14: 5. Quarterly Trend of Investment Trust Fees and Its Cost Coverage
5. Quarterly Trend of Investment Trust Fees and Its Cost Coverage Investment trust fees ＋ wrap-account fees Note: Cost coverage ratio ＝ × 100 (%) Cost (operating cost & expenses) Cost (left axis) Investment trust fees + wrap-account fees (left axis) Cost coverage ratio (right axis) (JPY mil.) 69.9%
Slide 15: 6. Top Best Selling Investment Trust Funds (Total Amounts of 3 Months)
6. Top 5 Best Selling Investment Trust Funds (Total Amounts of 3 Months) (JPY 100 mil.) FY 2021 FY 2022 FY 2023 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Ichiyoshi Global Equity Fund 17 41 11 33 92 45 76 Ichiyoshi Japan Select Dividend Equity & J-REIT Fund 16 35 34 26 22 40 58 51 51 (Quarterly Settlement
Slide 16: 7. Number of Customer Accounts 【Retail】
7. Number of Customer Accounts 【Retail】 (Accounts) (Accounts) 200,000 50,000 Total No. of accounts of assets in custody (left-hand scale) No. of accounts with more than JPY 10 mil. (right-hand scale) 180,000 147,821 160,000 154,309 153,451 153,824 153,013 152,366 40,000 151,626 151,439 150,537 149,4
Slide 17: Disclaimer
Disclaimer ・This document is produced by Ichiyoshi Securities Co., Ltd. (the “Company”), and nothing in this document shall be considered as an offer to sell or solicit an offer to buy any security, or other instrument, including securities issued by the Company. ・This document is based on Japanese