Japan Securities Finance Co., Ltd. · TSE:8511

Japan Securities Finance — Investor Presentation (March 2014)

24 slides from Japan Securities Finance's investor presentation, March 2014

  1. Slide 1: English translation notice

    This document is an English translation for non-Japanese investors convenience. Although Japan Securities Finance intend to faithfully translate the Japanese documents into English, the accuracy and correctness of translation are not guaranteed, so you are kindly encouraged to refer to the original

  2. Slide 2: Slide 2

  3. Slide 3: Japan Securities Finance Co.,Ltd

    11,725 12,337 611 14,142 14,704 561 9,488 9,540 52 11,905 11,907 2 5,419 5,769 350 6,369 6,647 277 3,218 2,974 244 4,168 3,851 316 5,025 5,050 25 5,943 5,621 321 235 605 1,281 1,517 (18.4%) 1,829 2,435 (33.1%) 92 91 183 456 1,414 1,657 2,113 (27.5%) 2,205 3,619 (64.2%) 3,914 22 3,891 3,911 61 3,849

  4. Slide 4: Japan Securities Finance Co.,Ltd

    \ Japan Securities Finance Co.,Ltd 4

  5. Slide 5: Japan Securities Finance Co.,Ltd

    1 1Q 3Q \ Avg. Margin Avg. Stock Loan Rate Loan Loan as of Dec \ \    Japan Securities Finance Co.,Ltd 5

  6. Slide 6: Japan Securities Finance Co.,Ltd

             \  Japan Securities Finance Co.,Ltd 6

  7. Slide 7: Subsidiaries and affiliates

    Subsidiary Japan Securities Finance Affiliate ) Shareholding Ratio 100% 100% 20.0% 20.8% JSF Nihon Japan Information Building JSFIT Trust Bank Processing \ Japan Securities Finance Co.,Ltd 7

  8. Slide 8: Japan Securities Finance Co.,Ltd

         Japan Securities Finance Co.,Ltd 8

  9. Slide 9: Japan Securities Finance Co.,Ltd

    ¥mil Japan Securities Finance Co.,Ltd 9

  10. Slide 10: Slide 10

  11. Slide 11:    

        11

  12. Slide 12: Margin Transactions & Margin Loans (Average balance)

    Margin Transactions & Margin Loans (Average balance) ¥ tri 3.0 50% Margin Buying Balance 45% 2.5 Margin Loan Balance 40% Ratio 2.0 35% 30% 1.5 25% 20% 1.0 15% 0.5 10% 5% 0.0 0% 08 09 10 11 12 13 14 1.0 tri 100% Margin Selling Balance 0.9 90% Stock Loan Balance 0.8 Ratio 80% 0.7 70% 0.6 60% 0.5 50% 0

  13. Slide 13: Japan Securities Finance Co.,Ltd

    \ Japan Securities Finance Co.,Ltd 13

  14. Slide 14: Japan Securities Finance Co.,Ltd

    \ Japan Securities Finance Co.,Ltd 14

  15. Slide 15: Japan Securities Finance Co.,Ltd

     Japan Securities Finance Co.,Ltd 15

  16. Slide 16: Loan rate and lending fee trends

          Loan Rate Lending Fee Interest Rate on Collateral Money of Stock Loan BOJ Policy Rate 1.2%   1.0%   0.8% 0.6%   0.4%  0.2%  0.0% Japan Securities Finance Co.,Ltd 16

  17. Slide 17: Loan rate and profit margin history

    10.0% 9.0% 8.75% Loan Rate Interest Rate on Collateral Money of Stock Loan 8.0% Lending Fee 7.0% Profit Margin 6.0% 5.00% 5.0% Sep-93 4.0% 3.75% Nov-10 Aug-14 3.0% Jan-09 2.0% May-02 1.17% 1.0% 1.04% 0.0% 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 Japan Securiti

  18. Slide 18: Japan Securities Finance Co.,Ltd

    \ Japan Securities Finance Co.,Ltd 18

  19. Slide 19: Remaining period of securities holdings

    ¥ bn \ 1,200 JSF 3.0 (2.68) 1,000 (2.69) (2.41) 2.5 800 2.0 726 684 675 600 1.5 400 1.0 200 290 0.5 301 271 - 0.0 Dec-13 Mar-14 Dec-14 over 1Y 1 year or less Remaining Period (exclude 15Y JGB) \ JSF Trust Bank ¥bn 500 400 300 197 200 382 403 100 215 - 25 15 Dec-13 Mar-14 Dec-14 1 year or less over 1

  20. Slide 20: Loans by industry and securities holdings

    \mil \mil Mar-14 Sep-14 Dec-14 Mar-14 Sep-14 Dec-14 Notes Loan Loan Loan Balance ratio Balance ratio Balance ratio JGB 418,036 459,336 411,780 Manufacturing 15,809 24.7% 12,639 23.3% 13,435 24.3% less than 1Y 15,133 185,096 215,198 Mainly Mid-term Fishery 0 0.0% 0 0.0% 0 0.0% over 1Y 402,902 274,239

  21. Slide 21: Japan Securities Finance Co.,Ltd

     Japan Securities Finance Co.,Ltd 21

  22. Slide 22: Japan Securities Finance Co.,Ltd

    Japan Securities Finance Co.,Ltd 22

  23. Slide 23: Shares issued and consolidated PBR

    \ Number of Cancellation 120,000 shares issued FY03 99,704 2,106 110,000 FY04 99,704 FY05 99,704 FY06 99,704 100,000 FY07 99,704 FY08 93,700 6,004 90,000 FY09 93,700 FY10 93,700 80,000 FY11 93,700 FY12 93,700 FY13 107,307 Number of shares issued Cancellation Consolidated PBR Japan Securities Finance

  24. Slide 24: Business forecast statements notice

    This document includes statements for business forecast. These statements don’t guarantee company’s future achievement and they involve risk or uncertain factors. Company’s future achievement may be changed drastically up to stock market or financial conditions. Japan Securities Finance Co.,Ltd 24

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