Ichiyoshi Securities Co., Ltd. · TSE:8624

Ichiyoshi Securities — Q3 FY2024 Earnings Presentation

17 slides from Ichiyoshi Securities's earnings presentation, Jan 30, 2025

  1. Slide 1: IR Presentation for Third quarter, year ending March 2025

    Stock Code：8624 IR Presentation for Third quarter, year ending March 2025 Ichiyoshi Securities Co., Ltd. January 30, 2025

  2. Slide 2: Business Result (Consolidated)

    Ⅰ: Business Result (Consolidated)

  3. Slide 3: 1. Profit and Loss

    1. Profit and Loss ◆ Operating revenue amounted to 14,457 million yen, an increase of 952 million yen (up 7.1%) from the year-earlier period. ◆ Current income amounted to 2,120 million yen, an increase of 491 million yen (up 30.2%) from the year-earlier period. ◆ Net income attributable to owners of

  4. Slide 4: 2. Breakdown of Net Operating Revenue

    2. Breakdown of Net Operating Revenue ◆ Commissions amounted to 14,113 million yen, an increase of 947 million yen (up 7.2%) 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-o

  5. Slide 5: 3. Breakdown of Commission Revenue

    3. Breakdown of Commission Revenue ◆ Brokerage commissions on stocks amounted to 3,332 million yen, a decrease of 469 million yen (down 12.3%) from the year-earlier period. ◆ Commissions from distribution of investment trusts amounted to 1,315 million yen, a decrease of 651 million yen (down 33.1%)

  6. Slide 6: 4. Breakdown of Gains or loss on Trading

    4. Breakdown of Gains or loss on Trading ◆ Net gains on trading amounted to 38 million yen, a decrease of 18 million yen (down 32.7%) from the year-earlier period, chiefly as net trading income on stocks decreased. (JPY mil.) (JPY mil.) FY 2023 FY 2024 Year-on- Year-on- FY 2023 FY 2024 3Q 3Q year (%

  7. Slide 7: 5. Operating Cost and Expenses

    5. Operating Cost and Expenses ◆ Operating cost and expenses amounted to 12,391 million yen, an increase of 496 million yen (up 4.2%) from the year-earlier period, mainly increased in personnel expenses. (JPY mil.) (JPY mil.) FY 2023 FY 2024 Year-on- Year-on- 15,000 3Q 3Q year (%) year Transaction r

  8. 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 Increase in cash and Change from deposits FY 2024 3Q 52,641 FY 2023 end. 50,000 46,647 Decrease in segregated deposits, margin 40,000 transaction assets and Equity ratio (%)

  9. Slide 9: Business Circumstances

    Il : Business Circumstances

  10. 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 4,606 4,624 4,471 4,455 177 158 4,243 178 158 4,239 4,074 1,535 3,989 141 1,180 317 3,911 4,000 196 1,040 174 143 1,110 1,247 1,383 1,170 1,086 1,104 1,182 1,094 519 39

  11. Slide 11: 2. Customer Assets in Custody

    2. Customer Assets in Custody Investment trusts Stocks Others (JPY 100 mil.) 24,000 22,953 22,617 470 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 11,285 565 15,902 508 15,360 11,464 16,000 1,076 14,777 14,3

  12. 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 22,953 22,617 22,400 526 470 505 481 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 11,285 11,464 11,074 16,000 10,320 10,342 10,390 14,000 8

  13. Slide 13: 4. Trend of Investment Trust Fees and Its Cost Coverage ratio

    4. Trend of Investment Trust Fees and Its Cost Coverage ratio (Month-end Average) “Cost coverage ratio” is the best index to measure the progress of the Ichiyoshi’s shift to “stock-type (asset-accumulation type) business model” Investment trust fees ＋ wrap-account fees Note: Cost coverage ratio ＝ ×

  14. Slide 14: 5. Quarterly Trend of Investment Trust Fees and Its Cost Coverage ratio

    5. Quarterly Trend of Investment Trust Fees and Its Cost Coverage ratio 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.)

  15. 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 2Q 3Q Ichiyoshi Global Equity Fund 17 41 11 33 92 45 76 52 38 33 Ichiyoshi Japan Select Dividend Equity & J-REIT Fund (Quarterly Settlement Type/Asset Growth Typ

  16. 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 40,760 40,820 40,250 39,914 160,000 152,366 40,000 151,626 151,439 150,537 149,443 148,684 1

  17. 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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