Monex Group, Inc. · TSE:8698

Monex — Q3 FYE March 2025 Earnings Presentation

26 slides from Monex's earnings presentation, Feb 12, 2025

  1. Slide 1: Monex Group Databook: Financial Results for 3Q FY Ending March 2025

    TSE Prime: 8698 Monex Group DATABOOK Financial Results for 3Q of the Fiscal Year Ending March 31, 2025 February 12, 2025

  2. Slide 2: Table of Contents

    Table of Contents P.1 I. Market & Transaction Data P.2 ~ P.6 II. Financial Data P.7 ~ P.24 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., and Crypto Asset Segment

    Market and Transaction Data (1) U.S., and Crypto Asset Segment FYE Mar. 2023 FYE Mar. 2024 FYE Mar. 2025 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q U.S. Segment - TradeStation Group Customers’ Assets in Custody (JPY million) (*1) 1,176,402 1,340,245 1,536,428 1,540,512 1,480,051 1,825,064 2,008,875 1,839,080 2,118,

  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 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q Japan Segment 502 513 538 537 537 158 205 208 213 Monex Group, Inc. 40 42 42 43 46 53 57 57 58 Monex, Inc. (*1) 360 365 380 380 380 - - - - Others 102 106 116 114 111 105 148 151

  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 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q Customers’ Assets in Custody (JPY million）(*1) Equities 3,601,048 3,828,186 4,193,533 4,338,468 4,384,456 5,028,614 5,190,171 4,947,206 5,221,261 Bonds 201,587 1

  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 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q Equities and ETFs, etc. Total trading volume of individual investors of 2 Japanese major markets （ JPY 100million/day ） 17,744 16,630 20,089 20,8

  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 3Q 4Q 1Q 2Q 3Q Commission received 10,058 7,844 8,625 7,744 7,908 Net trading income 4,486 4,128 2,452 1,824 4,388 Financial income 7,968 7,028 7,150 6,701 6,453 Sales 83 24 1 15 12 Other operating income 264 910 1,01

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

    Quarterly consolidated financial results (Reclassified) (JPY million) FY E Mar. 2024 FY E Mar. 2025 FY E Mar. 2024 FY E Mar. 2025 3Q 4Q 1Q 2Q 3Q 3Q 4Q 1Q 2Q 3Q Brokerage commissions 6,006 3,954 3,994 3,730 3,613 Transaction-related expenses 6,579 4,227 4,769 4,267 4,645 Stocks and ETFs 2,751 621 653

  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 3Q 4Q 1Q 2Q 3Q 3Q 4Q 1Q 2Q 3Q Brokerage commissions 2,334 - - - - Transaction-related expenses 2,626 387 556 629 606 Stocks and ETFs 2,274 - - - - Commissions paid 1,294 279

  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. 2024 3Q 4Q 1Q 2Q 3Q 3Q 4Q 1Q 2Q 3Q Brokerage commissions 3,647 3,817 3,823 3,575 3,594 Transaction-related expenses 3,585 3,224 3,315 3,053 3,179 Stocks and ETFs 461 501 503 466 527 Com

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

    Quarterly financial results by segment US Segment (USD thousand) FYE Mar. 2024 FYE Mar. 2025 FYE Mar. 2024 FYE Mar. 2025 3Q 4Q 1Q 2Q 3Q 3Q 4Q 1Q 2Q 3Q Brokerage commissions 24,919 25,657 24,373 24,144 23,515 Transaction-related expenses 24,525 21,594 21,136 20,630 20,803 Stocks and ETFs 3,148 3,370

  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 3Q 4Q 1Q 2Q 3Q 3Q 4Q 1Q 2Q 3Q Brokerage commissions 9 18 21 11 18 Transaction-related expenses 421 546 817 509 854 Stocks and ETFs - - - - - Commissions paid 107 131 138

  15. Slide 15: 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 3Q 4Q 1Q 2Q 3Q 3Q 4Q 1Q 2Q 3Q Brokerage commissions - - - - - Transaction-related expenses 3 4 10 7 7 Stocks and ETFs - - - - - Commissions paid 1 0 1 1 1 Options and Futur

  16. Slide 16: 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 3Q 4Q 1Q 2Q 3Q 3Q 4Q 1Q 2Q 3Q Brokerage commission 2,334 3,039 2,579 2,781 2,495 Transaction-related expenses 2,467 3,209 2,996 3,271 3,175 Stocks and ETFs 2,274 2,979 2,517 2,708 2,

  17. Slide 17: 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

  18. Slide 18: 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

  19. Slide 19: 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

  20. Slide 20: 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

  21. Slide 21: 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.

  22. Slide 22: 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

  23. Slide 23: 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 - -

  24. Slide 24: 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

  25. Slide 25: Investments in securities

    Investments in securities (JPY million) As of As of Measurement method Description Mar. 31, 2024 Dec. 31, 2024 Total assets (*) 761,642 772,099 Investments in securities (*) 14,066 17,850 Fair Value Through Profit or Loss (FVTPL) Quoted prices (unadjusted) in active markets for identical assets or L

  26. Slide 26: © Monex Group, Inc. www.monexgroup.jp/

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

Monex Group — Q3 FYE March 2025 Earnings Presentation on 6ix