Ichiyoshi Securities Co., Ltd. · TSE:8624
Ichiyoshi Securities — FY2022 Earnings Presentation
19 slides from Ichiyoshi Securities's earnings presentation, Apr 28, 2023
Slide 1: IR Presentation for Fiscal year ending March 2023
Stock Code：8624 IR Presentation for Fiscal year ending March 2023 Ichiyoshi Securities Co., Ltd. April, 2023
Slide 2: I: Business Result (Consolidated)
Ⅰ: Business Result (Consolidated)
Slide 3: 1. Profit and Loss
1. Profit and Loss ◆ Operating revenue amounted to 16,666 million yen, a decrease of 2,925 million yen (down 14.9%) from the year-earlier period. ◆ Current income amounted to 1,216 million yen, a decrease of 2,227 million yen (down 64.7%) from the year-earlier period. ◆ Net income attributable to ow
Slide 4: 2. Breakdown of Net Operating Revenue
2. Breakdown of Net Operating Revenue ◆ Commissions amounted to 16,219 million yen, a decrease of 2,767 million yen (down 14.6%) from the year-earlier period, mainly due to a fall in distribution fees on investment trusts. (JPY mil.) (JPY mil.) Year-on- Year-on- FY 2022 FY 2021 FY 2022 year (%) year
Slide 5: 3. Breakdown of Commission Revenue
3. Breakdown of Commission Revenue ◆ Brokerage commissions on stocks amounted to 4,468 million yen, a decrease of 849 million yen (down 16.0%) from the year-earlier period. Commissions from distribution of investment trusts amounted to 2,642 million yen, a decrease of 1,142 million yen (down 30.2%)
Slide 6: 4. Breakdown of Gains or loss on Trading
4. Breakdown of Gains or loss on Trading ◆ Net gains on trading amounted to 71 million yen, a decrease of 90 million yen (down 55.9%) from the year-earlier period, chiefly as net trading income on stocks decreased. (JPY mil.) (JPY mil.) FY 2022 Year-on- Year-on- FY 2021 FY 2022 year (%) year 1Q 2Q 3
Slide 7: 5. Operating Cost and Expenses
5. Operating Cost and Expenses ◆ Operating cost and expenses amounted to 15,459 million yen, a decrease of 772 million yen (down 4.8%) from the year- earlier period, mainly decreased in personnel expenses. (JPY mil.) (JPY mil.) Year-on- Year-on- 20,000 FY 2021 FY 2022 year (%) year Transaction relat
Slide 8: 6. Balance Sheets/Financial Result
6. Balance Sheets/Financial Result Balance Sheets Financial Result Total Assets (JPY mil.) 60,000 Fixed assets Current assets 50,000 47,935 Change from FY 2022 42,670 FY 2021 end. 40,000 Equity ratio 30,000 Decrease in segregated 65.2 2.5 42,003 deposits and deposits (%) 37,105 20,000 paid for under
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 Underwriting and others 5,142 5,004 5,045 5,000 4,799 460 4,639 392 542 202 273 4,243 4,136 4,137 4,074 3,989 182 317 3,911 4,000 196 3,689 418 1,410 1,379 174 1,734 1,376 143 306 1,678 1,150 1,086 1,1
Slide 11: 2. Customer Assets in Custody
2. Customer Assets in Custody Investment trusts Stocks Others (JPY 100 mil.) 19,740 19,895 20,000 19,665 19,171 19,400 19,517 708 897 998 433 538 598 19,081 17,929 512 17,750 18,000 17,479 450 588 16,504 565 15,902 16,000 508 15,360 1,076 14,777 14,306 601 13,697 642 9,264 14,000 9,574 13,467 9,971
Slide 12: 3. Quarterly Customer Assets in Custody
3. Quarterly Customer Assets in Custody (JPY 100 mil.) Investment trusts Stocks Others 20,461 19,895 20,101 19,968 20,000 626 19,517 18,817 708 616 606 18,847 19,081 18,446 598 18,718 18,500 550 512 718 514 518 18,000 17,305 764 809 16,000 9,948 10,197 9,542 14,000 9,971 9,264 8,995 9,025 9,385 9,35
Slide 13: 4. Trend of Investment Trust Fees and Its Cost Coverage
4. Trend of Investment Trust Fees and Its Cost Coverage (Month-end Average) Parent company Consolidated Investment trust fees ＋ wrap-account fees basis basis Note: Cost coverage ratio ＝ × 100 (%) Cost (operating cost & expenses) (JPY mil.) 1,600 Cost (left axis) 60% 1,529 1,497 1,494 Investment trus
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
6. Top 5 Best Selling Investment Trust Funds (Total Amounts of 3 Months) (JPY 100 mil.) FY 2020 FY 2021 FY 2022 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q BlackRock World High Dividend Equity Open 66 Fidelity US REIT Fund (A / B / C / D) 20 25 25 31 27 25 32 30 26 Ichiyoshi Japan Select Dividend Equity & J
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) 180,000 160,000 156,714 157,034 156,908 155,571 40,000 154,309 153,451 153,824 153,013 152,366 151,6
Slide 17: 8. Accumulated Companies Lead- and Co-managed
8. Accumulated Companies Lead- and Co-managed (Companies) (Companies) Accumulated companies lead-and co-managed (left-hand scale) 1,199 Of which, number of accumlated companies lead-managed (right-hand scale) 70 1,190 66 1,200 1,151 64 1,117 1,082 60 1,044 60 1,013 56 1,000 980 940 52 905 50 832 846
Slide 18: 9. Quarterly Accumulated Companies Lead- and Co-managed
9. Quarterly Accumulated Companies Lead- and Co-managed (Companies) (Companies) 1,250 Accumulated companies lead-and co-managed (left-hand scale) 70 Of which, number of accumlated companies lead-managed (right-hand scale) 1,198 1,199 1,199 1,200 1,190 1,194 1,185 1,171 66 66 66 66 65 1,161 1,151 1,1
Slide 19: 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