Ichiyoshi Securities Co., Ltd. · TSE:8624
Ichiyoshi Securities — FY2025 Earnings Presentation
17 slides from Ichiyoshi Securities's earnings presentation, Apr 28, 2026
Slide 1: IR Presentation for Fiscal year ending March 2026
Stock Code：8624 IR Presentation for Fiscal year ending March 2026 Ichiyoshi Securities Co., Ltd. April 28, 2026
Slide 2: Ⅰ: Business Result (Consolidated)
Ⅰ: Business Result (Consolidated)
Slide 3: 1. Profit and Loss
1. Profit and Loss ◆Operating revenue amounted to 24,579 million yen, an increase of 5,775 million yen (up 30.7%) from the year-earlier period. ◆ Current income amounted to 6,236 million yen, an increase of 3,829 million yen (up 159.1%) from the year-earlier period. ◆ Net income attributable to owne
Slide 4: 2. Breakdown of Net Operating Revenue
2. Breakdown of Net Operating Revenue ◆ Commissions amounted to 23,902 million yen, an increase of 5,556 million yen (up 30.3%) from the year-earlier period, mainly due to increases in brokerage commissions and fees from other sources (mainly trust fees on investment trusts). (JPY mil.) (JPY mil.) F
Slide 5: 3. Breakdown of Commission Revenue
3. Breakdown of Commission Revenue ◆ Brokerage commissions on stocks amounted to 5,903 million yen, an increase of 1,583 million yen (up 36.6%) from the year-earlier period. ◆ Commissions from distribution on investment trusts amounted to 1,755 million yen, an increase of 151 million yen (up 9.5%) f
Slide 6: 4. Breakdown of Gains or loss on Trading
4. Breakdown of Gains or loss on Trading ◆ Net gains on trading amounted to 198 million yen, an increase of 152 million yen (up 332.0%) from the year-earlier period, chiefly as net trading income on forex increased. (JPY mil.) (JPY mil.) FY 2025 Year-on- Year-on- FY 2024 FY 2025 year (%) year 1Q 2Q
Slide 7: 5. Selling, general and administrative expenses
5. Selling, general and administrative expenses ◆ Selling, general and administrative expenses amounted to 18,347 million yen, an increase of 1,870 million yen (up 11.4%) from the year-earlier period, mainly increased in personnel expenses. (JPY mil.) (JPY mil.) Year-on- Year-on- FY 2024 FY 2025 20,
Slide 8: 6. Balance Sheets/Financial Result
6. Balance Sheets/Financial Result Balance Sheets Financial Condition (JPY mil.) Total Assets Current assets Fixed assets 60,000 Change from 55,110 FY 2025 Increase in deposits FY 2024 end. 50,000 paid for underwritten offering, etc., cash and 41,900 deposits and margin 40,000 transaction assets Equ
Slide 9: Ⅱ: Business Circumstances
II : Business Circumstances
Slide 10: 1. Commission Revenue
1. Commission Revenue (JPY mil.) 8,000 Investment trusts (trust fees, etc.) Distribution Brokerage Others 7,183 7,000 297 6,460 176 6,000 5,839 1,783 157 5,206 1,536 207 4,882 5,000 1,458 169 4,606 4,624 470 4,471 4,455 4,419 4,239 177 158 4,232 518 178 158 150 141 1,535 160 1,180 4,000 1,040 435 1,
Slide 11: 2. Customer Assets in Custody
2. Customer Assets in Custody Fund Wrap（Dream Collection） Investment trusts（excluding Dream Collection） Stocks Others (JPY 100 mil.) 28,000 26,475 26,000 460 24,000 22,617 22,050 22,000 495 467 19,740 19,895 20,000 19,665 19,171 19,400 19,517 897 998 703 59119,081 12,966 43317,750 535 508 17,929 18,
Slide 12: 3. Quarterly Customer Assets in Custody
3. Quarterly Customer Assets in Custody Fund Wrap（Dream Collection） Investment trusts（excluding Dream Collection） Stocks Others (JPY 100 mil.) 28,000 26,475 26,009 26,000 460 24,850 455 460 24,000 23,066 22,953 23,070 22,617 22,400 516 463 22,050 459 22,000 495 474 20,605 20,768 467 20,459 509 504 4
Slide 13: 4. Trend of Trust Fees and Its Cost Coverage ratio (Month-end Average)
4. Trend of 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” Trust fees ＋ wrap-account fees Note: Cost coverage ratio ＝ × 100 (%) Cost (Selling,
Slide 14: 5. Quarterly Trend of Trust Fees and Its Cost Coverage ratio
5. Quarterly Trend of Trust Fees and Its Cost Coverage ratio Trust fees ＋ wrap-account fees Note: Cost coverage ratio ＝ × 100 (%) Cost (Selling, general and administrative expenses) Cost (left axis) Trust fees + wrap-account fees (left axis) Cost coverage ratio (right axis) (JPY mil.) 5,000 4,845 10
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 2023 FY 2024 FY 2025 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Ichiyoshi Global Equity Fund 33 92 45 76 52 38 33 36 18 33 39 73 Ichiyoshi Japan Select Dividend Equity & J-REIT Fund 40 58 51 51 60 40 31 14 18 32 47 5
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) 45,150 45,800 No. of accounts with more than JPY 10 mil. (right-hand scale) 180,000 43,387 40,760 40,820 41,265 40,250 39,914 40,141 160,000 40,000 149,443 148,68
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