Ichiyoshi Securities Co., Ltd. · TSE:8624
Ichiyoshi Securities — Q1 FY2024 Earnings Presentation
17 slides from Ichiyoshi Securities's earnings presentation, Jul 30, 2024
Slide 1: IR Presentation for First quarter, year ending March 2025
Stock Code：8624 IR Presentation for First quarter, year ending March 2025 Ichiyoshi Securities Co., Ltd. July 30, 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 4,998 million yen, an increase of 418 million yen (up 9.1%) from the year-earlier period. ◆ Current income amounted to 900 million yen, an increase of 258 million yen (up 40.2%) from the year-earlier period. ◆ Net income attributable to owners of pa
Slide 4: 2. Breakdown of Net Operating Revenue
2. Breakdown of Net Operating Revenue ◆ Commissions amounted to 4,882 million yen, an increase of 411 million yen (up 9.2%) from the year-earlier period, mainly due to increased in commissions from other sources (mainly trust fees on investment trusts) . (JPY mil.) (JPY mil.) FY 2023 FY 2024 Year-on
Slide 5: 3. Breakdown of Commission Revenue
3. Breakdown of Commission Revenue ◆ Brokerage commissions on stocks amounted to 1,180 million yen, a decrease of 202 million yen (down 14.6%) from the year-earlier period. ◆ Commissions from distribution of investment trusts amounted to 519 million yen, a decrease of 167 million yen (down 24.4%) fr
Slide 6: 4. Breakdown of Gains or loss on Trading
4. Breakdown of Gains or loss on Trading ◆ Net gains on trading amounted to 20 million yen, a decrease of 4.0% from the year-earlier period, chiefly as net trading income on forex decreased. (JPY mil.) (JPY mil.) FY 2023 FY 2024 FY 2023 FY 2024 Year-on- Year-on- 1Q 1Q year (%) year 1Q 2Q 3Q 4Q 1Q St
Slide 7: 5. Operating Cost and Expenses
5. Operating Cost and Expenses ◆ Operating cost and expenses amounted to 4,108 million yen, an increase of 161 million yen (up 4.1%) from the year-earlier period, mainly increased in personnel expenses. . (JPY mil.) (JPY mil.) FY 2023 FY 2024 Year-on- Year-on- 5,000 1Q 1Q year (%) year Transaction r
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 53,662 Change from 50,000 46,647 FY 2024 1Q FY 2023 end. 40,000 Equity ratio (%) 54.1 ▲8.0 30,000 47,702 40,587 Increase in cash and deposits 20,000 Net worth per share (JPY)
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 5,206 207 4,882 5,000 169 4,471 4,455 4,243 178 158 4,239 4,074 1,535 3,989 141 1,180 317 3,911 4,000 196 174 143 1,247 1,383 1,170 1,086 1,104 1,182 1,094 519 597 3,000 685 686 594 791 662 546
Slide 11: 2. Customer Assets in Custody
2. Customer Assets in Custody Investment trusts Stocks Others (JPY 100 mil.) 24,000 23,066 22,617 526 22,000 505 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 16,504 450 588 565 11,547 15,902 508 15,360 11,464 16,000 1,076 14,777 14,3
Slide 12: 3. Quarterly Customer Assets in Custody
3. Quarterly Customer Assets in Custody Investment trusts Stocks Others (JPY 100 mil.) 24,000 23,066 22,617 526 505 22,000 20,605 20,459 20,768 514 510 499 20,000 19,081 18,847 18,718 18,500 550 512 514 518 18,000 11,547 11,464 16,000 10,320 10,342 10,390 14,000 8,995 9,385 9,025 8,958 12,000 10,000
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) 80% 1,529 1,497 1,494 73.3% Investment trust fees 1,476 1,482 + wrap-account
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.) 5,000
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 2022 FY 2023 FY 2024 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q Ichiyoshi Global High Dividend Strategy Fund (Bi-monthly) 61 Ichiyoshi Japan Select Dividend Equity & J-REIT Fund (Quarterly Settlement Type/Asset Growth Type) 3
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 40,250 40,760 160,000 152,366 40,000 151,626 151,439 150,537 149,443 148,558 148,684 147,821
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
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