Ichiyoshi Securities Co., Ltd. · TSE:8624
Ichiyoshi Securities — Q2 FY2022 Earnings Presentation
19 slides from Ichiyoshi Securities's earnings presentation, Oct 28, 2022
Slide 1: IR Presentation for Second quarter, year ending March 2023
Stock Code：8624 IR Presentation for Second quarter, year ending March 2023 Ichiyoshi Securities Co., Ltd. October, 2022
Slide 2: Ⅰ: Business Result (Consolidated)
Ⅰ: Business Result (Consolidated)
Slide 3: 1. Profit and Loss
1. Profit and Loss ◆ Operating revenue amounted to 8,529 million yen, a decrease of 1,590 million yen (down 15.7%) from the year-earlier period. ◆ Current income amounted to 763 million yen, a decrease of 1,159 million yen (down 60.3%) from the year-earlier period. ◆ Net income attributable to owner
Slide 4: 2. Breakdown of Net Operating Revenue
2. Breakdown of Net Operating Revenue ◆ Commissions amounted to 8,318 million yen, a decrease of 1,485 million yen (down 15.2%) from the year-earlier period, mainly due to a fall in brokerage commissions and distribution fees on investment trusts. (JPY mil.) (JPY mil.) FY 2021 FY 2022 Year-on- Year-
Slide 5: 3. Breakdown of Commission Revenue
3. Breakdown of Commission Revenue ◆ Brokerage commissions on stocks amounted to 2,190 million yen, a decrease of 600 million yen (down 21.5%) from the year-earlier period. Commissions from distribution of investment trusts amounted to 1,453 million yen, a decrease of 624 million yen (down 30.0%) fr
Slide 6: 4. Breakdown of Gains or loss on Trading
4. Breakdown of Gains or loss on Trading ◆ Net gains on trading amounted to 29 million yen, a decrease of 46 million yen (down 61.1%) from the year-earlier period, chiefly as net trading income on stocks decreased. (JPY mil.) (JPY mil.) FY 2021 FY 2022 FY 2021 FY 2022 Year-on- Year-on- 2Q 2Q year (%
Slide 7: 5. Operating Cost and Expenses
5. Operating Cost and Expenses ◆ Operating cost and expenses amounted to 7,773 million yen, a decrease of 486 million yen (down 5.9%) from the year- earlier period, mainly decreased in personnel expenses. (JPY mil.) (JPY mil.) FY 2021 FY 2022 Year-on- Year-on- 10,000 2Q 2Q year (%) year 9,000 Transa
Slide 8: 6. Balance Sheets/Financial Result
6. Balance Sheets/Financial Result Balance Sheets Financial Result Total Assets (JPY mil.) Fixed assets Current assets 60,000 47,935 Change from 50,000 46,179 FY 2022 2Q FY 2021 end. 40,000 Increase in cash and deposits Equity ratio 62.1 -0.6 30,000 Decrease in cash (%) 42,003 40,276 segregated depo
Slide 9: Ⅱ: Business Circumstances
II : Business Circumstances
Slide 10: 1. Commission Revenue
1. Commission Revenue (JPY mil.) 6,000 Investment trusts (trailer 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 4,074 182 317 4,000 196 3,689 418 1,410 1,379 1,734 1,376 306 1,678 1,150 1,086 1,104 3,000 1,353 1,2
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 18,718 17,750 17,929 514 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 18,446 598 18,718 718 550 514 18,000 17,305 764 809 16,000 9,948 10,197 9,542 14,000 9,971 9,264 8,995 9,025 9,358 9,344 12,000 8,455 10,000
Slide 13: 4. Trend of Investment Trust Trailer Fees and Its Cost Coverage
4. Trend of Investment Trust Trailer Fees and Its Cost Coverage (Month-end Average) Parent company Consolidated Investment trust trailer 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
Slide 14: 5. Quarterly Trend of Investment Trust Trailer Fees and Its Cost Coverage
5. Quarterly Trend of Investment Trust Trailer Fees and Its Cost Coverage Investment trust trailer fees ＋ wrap-account fees Note: Cost coverage ratio ＝ × 100 (%) Cost (operating cost & expenses) Cost (left axis) Investment trust trailer fees + wrap-account fees (left axis) Cost coverage ratio (right
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 Ichiyoshi Global Equity Fund 17 41 Ichiyoshi Japan Select Dividend Equity & J-REIT Fund 16 35 34 (Quarterly Settlement Type/Asset Growth Type) Pictet Global I
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) 1,198 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) 1,194 1,198 1,200 1,190 1,185 1,171 66 66 65 1,161 1,151 1,150 1,142 64 64 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
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