Monex Group, Inc. · TSE:8698

Monex — Q1 FY2025 Earnings Presentation

27 slides from Monex's earnings presentation, Jul 26, 2024

  1. Slide 1: Monex Group Databook: Financial Results for 1Q FY Ending March 2025

    TSE Prime: 8698 Monex Group DATABOOK Financial Results for 1Q of the Fiscal Year Ending March 31, 2025 July 26, 2024

  2. Slide 2: Table of Contents and Forward-looking Statements

    Table of Contents P.1 I. Market & Transaction Data P.2 ~ P.6 II. Financial Data P.7 ~ P.25 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) U.S., Crypto Asset, and Asia-Pacific Segment

    Market and Transaction Data (1) U.S., Crypto Asset, and Asia-Pacific Segment FYE Mar. 2023 FYE Mar. 2024 FYE Mar. 2025 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q U.S. Segment - TradeStation Group Customers’ Assets in Custody (JPY million) (*1) 1,263,405 1,293,773 1,176,402 1,340,245 1,536,428 1,540,512 1,480,051 1,

  5. Slide 5: Market and Transaction Data (2) Number of Employees

    Market and Transaction Data (2) Number of Employees FYE Mar. 2023 FYE Mar. 2024 FYE Mar. 2025 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q Japan Segment 480 495 502 513 538 537 537 158 205 Monex Group, Inc. 46 40 40 42 42 43 46 53 57 Monex, Inc. 349 367 360 365 380 380 380 - - Others 85 88 102 106 116 114 111 105 148

  6. Slide 6: Market and Transaction Data (3) Equity-method affiliate - Monex, Inc.

    Market and Transaction Data (3) Equity-method affiliate - Monex, Inc. FYE Mar. 2023 FYE Mar. 2024 FYE Mar. 2025 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q Customers’ Assets in Custody (JPY million）(*1) Equities 3,517,048 3,508,852 3,601,048 3,828,186 4,193,533 4,338,468 4,384,456 5,028,614 5,190,171 Bonds 248,988 2

  7. Slide 7: Market and Transaction Data (4) Equity method affiliates - Monex, Inc.

    Market and Transaction Data (4) equity method affiliates of the Company - Monex, Inc. FYE Mar. 2023 FYE Mar. 2024 FYE Mar. 2025 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q Equities and ETFs, etc. Total trading volume of individual investors of 2 Japanese major markets （ JPY 100million/day ） 15,521 15,346 17,744 16,6

  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. 2024 FYE Mar. 2025 1Q 2Q 3Q 4Q 1Q Commission received 9,741 10,120 10,058 7,844 8,625 Net trading income 1,988 2,591 4,486 4,128 2,452 Financial income 10,057 9,693 7,968 7,028 7,150 Sales 70 75 83 24 1 Other operating income 273 278 26

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

    Quarterly consolidated financial results (Reclassified) (JPY million) FY E Mar. 2024 FY E Mar. 2025 FYE Mar. 2024 FY E Mar. 2025 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q Brokerage commissions 5,947 6,124 6,006 3,954 3,994 Transaction-related expenses 5,881 6,092 6,579 4,227 4,769 Stocks and ETFs 3,023 2,939 2,

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

    Quarterly financial results by segment Japan Segment (JPY million) FY E Mar. 2024 FY E Mar. 2025 FY E Mar. 2024 FY E Mar. 2025 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q Brokerage commissions 2,580 2,513 2,334 - - Transaction-related expenses 2,378 2,413 2,626 387 556 Stocks and ETFs 2,523 2,451 2,274 - - Commis

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

    Quarterly financial results by segment US Segment (JPY million) FYE Mar. 2024 FYE Mar. 2025 FYE Mar. 2024 FYE Mar. 2025 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q Brokerage commissions 3,315 3,584 3,647 3,817 3,823 Transaction-related expenses 3,062 3,332 3,585 3,224 3,315 Stocks and ETFs 457 468 461 501 503 Com

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

    Quarterly financial results by segment US Segment (USD thousand) FYE Mar. 2024 FYE Mar. 2025 FYE Mar. 2024 FYE Mar. 2025 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q Brokerage commissions 23,990 24,793 24,919 25,657 24,373 Transaction-related expenses 22,156 23,056 24,525 21,594 21,136 Stocks and ETFs 3,304 3,231

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

    Quarterly financial results by segment Crypto Asset Segment (JPY million) FYE Mar. 2024 FYE Mar. 2025 FYE Mar. 2024 FYE Mar. 2025 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q Brokerage commissions 9 7 9 18 21 Transaction-related expenses 460 394 421 546 817 Stocks and ETFs - - - - - Commissions paid 76 53 107 131

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

    Quarterly financial results by segment Asia-Pacific Segment (JPY million) FY E Mar. 2024 FY E Mar. 2025 FY E Mar. 2024 FY E Mar. 2025 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q Brokerage commissions 131 130 105 126 154 Transaction-related expenses 70 66 59 72 75 Stocks and ETFs 131 130 105 126 154 Commissions pa

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

    Quarterly financial results by segment Investment Segment (JPY million) FYE Mar. 2024 FYE Mar. 2025 FYE Mar. 2024 FYE Mar. 2025 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q Brokerage commissions - - - - - Transaction-related expenses 5 4 3 4 10 Stocks and ETFs - - - - - Commissions paid 1 1 1 0 1 Options and Futur

  17. Slide 17: Quarterly financial results Monex, Inc. (JGAAP)

    Quarterly financial results Monex, Inc. (JGAAP) (JPY million) FYE Mar. 2024 FYE Mar. 2025 FYE Mar. 2024 FYE Mar. 2025 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q Brokerage commission 2,580 2,513 2,334 3,039 2,579 Transaction-related expenses 2,255 2,259 2,467 3,209 2,996 Stocks and ETFs 2,522 2,450 2,274 2,979 2,

  18. Slide 18: Yearly consolidated financial results

    Yearly consolidated financial results (JPY million) FYE Mar. 2023 FYE Mar. 2024 Variance Change Commission received 36,953 37,763 810 2.2% Net trading income 10,788 13,193 2,405 22.3% Financial income 29,413 34,746 5,333 18.1% Sales 960 253 -708 -73.7% Other operating income 1,190 1,725 535 44.9% To

  19. Slide 19: Yearly consolidated financial results (Reclassified)

    Yearly consolidated financial results (Reclassified) (JPY million) FYE Mar.2023 FYE Mar.2024 Variance Change FYE Mar.2023 FYE Mar.2024 Variance Change Brokerage commissions 22,338 22,032 -306 -1.4% Transaction-related expenses 24,262 22,780 -1,483 -6.1% Stocks and ETFs 10,896 9,334 -1,562 -14.3% Com

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

    Yearly financial results by segment Japan Segment (JPY million) FYE Mar.2023 FYE Mar.2024 Variance Change FYE Mar.2023 FYE Mar.2024 Variance Change Brokerage commissions 8,952 7,428 -1,525 -17.0% Transaction-related expenses 8,769 7,803 -965 -11.0% Stocks and ETFs 8,688 7,248 -1,441 -16.6% Commissio

  21. Slide 21: Yearly financial results by segment: US Segment

    Yearly financial results by segment US Segment (JPY million) FYE Mar.2023 FYE Mar.2024 Variance Change FYE Mar.2023 FYE Mar.2024 Variance Change Brokerage commissions 13,127 14,362 1,235 9.4% Transaction-related expenses 12,948 13,202 254 2.0% Stocks and ETFs 1,967 1,887 -80 -4.0% Commissions paid 4

  22. Slide 22: Yearly financial results by segment: Crypto Asset Segment

    Yearly financial results by segment Crypto Asset Segment (JPY million) FYE Mar.2023 FYE Mar.2024 Variance Change FYE Mar.2023 FYE Mar.2024 Variance Change Brokerage commissions 17 42 25 149.2% Transaction-related expenses 2,600 1,822 -779 -29.9% Stocks and ETFs - - - - Commissions paid 339 367 27 8.

  23. Slide 23: Yearly financial results by segment: Asia-Pacific Segment

    Yearly financial results by segment Asia-Pacific Segment (JPY million) FYE Mar.2023 FYE Mar.2024 Variance Change FYE Mar.2023 FYE Mar.2024 Variance Change Brokerage commissions 630 492 -137 -21.8% Transaction-related expenses 350 267 -83 -23.6% Stocks and ETFs 630 492 -137 -21.8% Commissions paid 45

  24. Slide 24: Yearly financial results by segment: Investment Segment

    Yearly financial results by segment Investment Segment (JPY million) FYE Mar.2023 FYE Mar.2024 Variance Change FYE Mar.2023 FYE Mar.2024 Variance Change Brokerage commissions - - - - Transaction-related expenses 9 16 7 74.4% Stocks and ETFs - - - - Commissions paid 2 2 0 4.2% Options and Futures - -

  25. Slide 25: Yearly financial results Monex, Inc. (JGAAP)

    Yearly financial results Monex ,Inc. (JGAAP) (JPY million) FYE Mar.2023 FYE Mar.2024 Variance Change FYE Mar.2023 FYE Mar.2024 Variance Change Brokerage commission 8,952 10,467 1,514 16.9% Transaction-related expenses 8,278 10,191 1,913 23.1% Stocks and ETFs 8,688 10,227 1,539 17.7% Commissions paid

  26. Slide 26: Investments in securities

    Investments in securities (JPY million) As of As of Measurement method Description Mar. 31, 2024 June. 30, 2024 Total assets (*) 761,642 785,222 Investments in securities (*) 14,066 18,832 Fair Value Through Profit or Loss (FVTPL) Quoted prices (unadjusted) in active markets for Level 1 1,423 7,131

  27. Slide 27: © Monex Group, Inc. www.monexgroup.jp/

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

Monex Group — Q1 FY2025 Earnings Presentation on 6ix