Slide 1: IR Presentation for Fiscal year ended March 2013
Stock Code:8624 IR Presentation for Fiscal year ended March 2013 May 2013 Ichiyoshi Securities Co., Ltd.
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Slide 3: 1. Profit & Loss
1. Profit & Loss ¥ million ¥ million 2012 3 2013 3 (accumulative) Quarter- Year-on- on- 2012/3 2013/3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Year Quarter 4Q 4Q Operating revenue 3,575 3,680 3,059 4,092 3,251 3,867 4,334 6,830 57.6% 14,407 18,283 26.9% Operating costs & expenses 3,693 3,511 3,544 3,708 3,593 3,420
Slide 4: 2. Financial Results
2. Financial Results 2012 3 2013 3 Quarter- Year-on- on- 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Year Quarter Total assets (¥mil.) 34,686 35,504 32,402 34,091 31,720 31,770 32,197 43,751 35.9% 28.3% Total net worth (¥mil.) 24,004 24,121 23,148 23,486 22,636 22,714 22,916 27,431 19.7% 16.8% Equity ratio ( ) 69.0 67.
Slide 5: 3. Balance Sheets
3. Balance Sheets ¥ million 2012 3 2013 3 Quarter- Year-on- on- Year 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Quarter Assets Current assets 26,734 27,574 24,656 26,469 24,299 24,463 24,937 34,538 38.5% 30.5% Fixed assets 7,952 7,929 7,746 7,622 7,421 7,306 7,259 9,212 26.9% 20.9% Total assets 34,686 35,504 32,402 34
Slide 6: 4. Breakdown of Net Operating Revenue
4. Breakdown of Net Operating Revenue ¥ million ¥ million 2012 3 2013 3 (accumulative) Quarter- Year-on- on- 2012/3 2013/3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Year Quarter 4Q 4Q Commission revenue 3,233 3,374 2,740 3,600 2,919 3,559 3,949 6,378 61.5% 12,948 16,806 29.8% Gains on trading 73 70 75 197 29 28 81 12
Slide 7: 5. Breakdown of Gains on Trading
5. Breakdown of Gains on Trading ¥ million ¥ million 2012 3 2013 3 (accumulative) Quarter- Year-on- on- 2012/3 2013/3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Year Quarter 4Q 4Q Stocks 52 37 20 115 7 8 21 17 22.2% 226 54 76.0% Bonds 21 32 55 81 22 19 59 107 80.2% 191 209 9.5% Forex Bonds 56 33 51 64 22 14 46 88 90.8
Slide 8: 6. Breakdown of Commission Revenue
6. Breakdown of Commission Revenue ¥ million ¥ million 2012 3 2013 3 (accumulative) Quarter- Year-on- on- 2012/3 2013/3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Year Quarter 4Q 4Q Brokerage Stocks 929 939 734 1,294 847 870 1,266 2,299 81.5% 3,898 5,284 35.6% Distribution Investment trust 924 1,161 980 1,290 1,051 1,
Slide 9: 7. Operating Cost and Expenses
7. Operating Cost and Expenses ¥ million ¥ million 2012 3 2013 3 (accumulative) Quarter- Year-on- on- 2012/3 2013/3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Year Quarter 4Q 4Q Transaction related 364 298 342 394 362 274 311 315 1.4% 1,399 1,265 9.6% expenses Personnel expenses 1,966 1,936 1,909 1,967 1,924 1,889 1,9
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Slide 11: 1. Customer Assets under Custody
1. Customer Assets under Custody (¥100 mil.) Others Equity 16,000 Investment Trusts 14,777 642 14,000 13,467 13,250 12,837 12,843 996 954 12,744 12,764 12,511 1,026 1,026 998 863 720 1,014 11,948 11,786 11,611 860 11,554 12,000 859 808 748 748 7,132 5,814 5,814 10,000 5,684 5,684 5,734 5,465 5,267 5
Slide 12: 2. Cash and Securities Receipts/Withdrawals/Net Increase
2. Cash and Securities Receipts/ Cash and Securities Withdrawals/ Net Increase (Monthly Average) ¥100 mil. 200 Cash and securities receipts Cash and securities withdrawals Net increase (loss) 117 100 83 86 76 73 78 81 68 67 59 58 50 6 0 -12 -19 -5 -19 -20 -20 -8 -30 -30 -45 -62 -77 -79 -100 -88 -89
Slide 13: 3. Subscription/Redemption/Net Increase of Investment Trusts
3. Subscription/ Redemption/ Net Increase of Investment Trusts (Monthly Average) ¥100 mil. Amount of subscription Amount of redemption Net increase (loss) 400 369 275 300 232 229 203 188 200 171 155 145 112 116 85 100 22 35 22 20 42 12 26 13 10 33 5 0 -31 -51 -100 -90 -94 -125 -113 -200 -176 -198 -2
Slide 14: 4. Top Best Selling Investment Trusts
4. Top 5 Best Selling Investment Trusts (Total Amounts of 3 Months) ¥ 100 mil. 2011/3 2012/3 2013/3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Pictet Global Income Stock Fund 45 17 131 407 Global REIT Open 39 165 148 100 65 75 105 66 78 62 129 HSBC New Leaders Sovereign Open 25 90 144 36 34 119 JREIT Asia
Slide 15: 5. Trend of Investment Trust Trailer Fee and its Cost Coverage
5. Trend of Investment Trust Trailer Fee and its Cost Coverage (Monthly Average/Parent Company Basis) ¥mil. % 500 Investment trust trailer fee (left axis) 50 Cost coverage ratio (right axis) Investment trust trailer fee Cost coverage ratio Operating expense 400 : Wrap-account management fee is inclu
Slide 16: 6. Number of Customer Accounts (Retail)
6. Number of Customer Accounts (Retail) Accounts Accounts \ 180,000 50,000 163,191 162,784 162,338 161,177 164,728 164,065 163,464 162,778 165,340 160,000 155,888 155,318 154,355 40,000 140,000 120,000 33,252 30,000 100,000 31,545 30,895 29,467 30,179 30,096 29,668 29,576 27,646 26,761 27,510 27,064
Slide 17: 7. Number of New Customer Accounts and Ratio of Referrals (Retail)
7. Number of New Customer Accounts and Ratio of Referrals (Retail) Accounts New customer accounts 648 Ratio of referrals (%) 600 471 447 400 397 381 379 382 374 367 353 355 341 348 340 332 314 316 324 291 259 261 244 247 241 200 47.4 45.3 43.9 41.7 38.5 39.0 41.2 40.8 39.3 35.0 % 38.3 37.8 38.0 37.7
Slide 18: 8. Accumulated Number of Companies Lead- and Co-managed
8. Accumulated Number of Companies Lead- and Co-managed (Companies) (Companies) 1000 No. of companies lead- and co-managed (left axis) 40 Of which, no. of companies lead-managed (accumulative) (right axis) 854 862 869 830 830 831 832 833 836 843 846 848 800 30 29 29 29 29 29 29 29 29 27 27 27 27 600
Slide 19: Disclaimer
Disclaimer This document is produced by Ichiyoshi Securities Co., Ltd. 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 Ichiyoshi Securities Co., Ltd. This presentation is based on Japanese a