Tokai Tokyo Financial Holdings, Inc. · TSE:8616

Tokai Tokyo Financial — Q2 FY2017 Earnings Presentation

28 slides from Tokai Tokyo Financial's earnings presentation, Oct 27, 2017

  1. Slide 1: Result Review on 2nd Qtr of Fiscal 2017 that ends in March 2018

    Result Review on 2nd Qtr of Fiscal 2017 that ends in March 2018 October 27, 2017

  2. Slide 2: Table of contents

    Table of contents  Overview of Consolidated  Overview of Tokai Tokyo Securities Financial Results  Financial Summary  Financial Summary  Total Revenues  Total Revenues  Selling, General and Administrative  Commissions Expenses  Trading Profit and Loss  Stock Trading Volume and Amount  Sel

  3. Slide 3: Overview of Consolidated Financial Results

    Overview of Consolidated Financial Results

  4. Slide 4: Financial Summary (Consolidated)

    Financial Summary (Consolidated) (Million yen) FY2015 FY2016 FY2017 Q on Q Y on Y 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Apr. - Jun. Jul. - Sep. Oct. - Dec. Jan. - Mar. Apr. - Jun. Jul. - Sep. Oct. - Dec. Jan. - Mar. Apr. - Jun. Jul. - Sep. 1Q FY2017 2Q FY2016 '15 '15 '15 '16 '16 '16 '16 '17 '17 '17 =100 =10

  5. Slide 5: Total Revenues (Consolidated)

    Total Revenues (Consolidated) [Quarter on Quarter]  Fees and Commissions: ¥7,914 Mill., down 6% QoQ; Trading Profit and Loss: ¥11,465 Mill., up 13% QoQ [Year on Year]  Fees and Commissions: up 46% YoY; Trading Profit and Loss: up 44% YoY (Million yen) FY2015 FY2016 FY2017 Q on Q Y on Y 1Q FY2017 2

  6. Slide 6: Commissions (Consolidated)

    Commissions (Consolidated) [Quarter on Quarter]  Brokerage Commissions: ¥3,792 Mill., down 10% QoQ; Subscription and Distribution: ¥1,705 Mill., down 11% QoQ; Other Commissions: ¥2,178 Mill., up 1% QoQ; [Year on Year]  Brokerage Commissions: up 58% YoY; Subscription and Distribution: up 28% YoY; O

  7. Slide 7: Trading Profit and Loss (Consolidated)

    Trading Profit and Loss (Consolidated) [Quarter on Quarter]  Profit on the trading of stocks: ¥6,600 Mill., up 33% QoQ; Profit on the trading of bonds and currencies: ¥4,864 Mill., down 6% QoQ [Year on Year]  Profit on the trading of stocks: up 150% YoY; Profit on the trading of bonds and currenci

  8. Slide 8: Selling, General and Administrative Expenses (Consolidated)

    Selling, General and Administrative Expenses (Consolidated) (Million yen) FY2015 FY2016 FY2017 Q on Q Y on Y 1Q FY2017 2Q FY2016 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q =100 =100 Trading-related Expenses 3,419 2,903 2,794 2,675 2,654 2,466 2,747 3,318 3,292 3,377 103 137 Personnel Expenses 6,983 5,817 6,162 5

  9. Slide 9: Non-operating Income and Expenses, Extraordinary Income and Loss

    Non-operating Income and Expenses, Extraordinary Income and Loss [Quarter on Quarter]  Non-operating Income: ¥709 Mill., down 16% QoQ (Million yen) FY2015 FY2016 FY2017 Q on Q Y on Y 1Q FY2017 2Q FY2016 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q =100 =100 Non-operating Income 851 829 503 581 421 1,899 570 1,043

  10. Slide 10: Asset under Custody with Breakdown of Sources

    Asset under Custody with Breakdown of Sources [Year on Year]  The total volume of the Asset under Custody for Tokai Tokyo Securities was ¥4,646.0 billion, up 15% YoY The total volume of the Asset under Custody for all the JVs combined was ¥1,444.3 billion, up 30% YoY (Billion yen) 6,460.0 6,500.0 6

  11. Slide 11: Performance Indicators (Consolidated)

    Performance Indicators (Consolidated) FY2015 FY2016 FY2017 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q EPS (yen) 19.33 10.16 10.54 6.70 5.52 11.32 12.44 16.40 50.62 14.58 BPS (yen) 587.38 581.37 577.76 580.16 566.7 574.26 576.97 593.47 634.10 647.34 ROE (%) 13.2 7.0 7.3 4.6 3.9 7.9 8.6 11.1 31.9 9.0 Dividend Per

  12. Slide 12: Balance Sheet (Consolidated)

    Balance Sheet (Consolidated) As of As of Increase As of As of Increase (Million yen) Mar 31, 2017 Sep 30, 2017 (Decrease) Mar 31, 2017 Sep 30, 2017 (Decrease) Current Assets 688,551 764,222 75,670 Current Liabilities 510,399 575,295 64,896 Cash and Deposits 72,683 86,266 13,582 Trading Products 192,

  13. Slide 13: Overview of Tokai Tokyo Securities

    Overview of Tokai Tokyo Securities

  14. Slide 14: Financial Summary

    Financial Summary (Million yen) FY2015 FY2016 FY2017 Q on Q Y on Y 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Apr. - Jun. Jul. - Sep. Oct. - Dec. Jan. - Mar. Apr. - Jun. Jul. - Sep. Oct. - Dec. Jan. - Mar. Apr. - Jun. Jul. - Sep. 1Q FY2017 2Q FY2016 '15 '15 '15 '16 '16 '16 '16 '17 '17 '17 =100 =100 Total Revenue

  15. Slide 15: Total Revenues

    Total Revenues (Million yen) FY2015 FY2016 FY2017 Q on Q Y on Y 1Q FY2017 2Q FY2016 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q =100 =100 Fees and Commissions 10,467 7,336 7,624 6,688 6,748 4,984 6,670 6,497 6,411 6,144 96 123 Brokerage Commissions 4,883 3,826 4,009 3,135 3,617 2,307 3,479 2,965 3,554 3,235 91 14

  16. Slide 16: Selling, General and Administrative Expenses

    Selling, General and Administrative Expenses (Million yen) FY2015 FY2016 FY2017 Q on Q Y on Y 1Q FY2017 2Q FY2016 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q =100 =100 Trading-related Expenses 3,078 2,647 2,441 2,384 2,304 2,184 2,384 2,896 2,513 2,722 108 125 Personnel Expenses 5,353 4,486 4,690 4,434 4,476 4,40

  17. Slide 17: Stock Trading Volume and Amount

    Stock Trading Volume and Amount (Million shares, Million yen) FY2015 FY2016 FY2017 Q on Q Y on Y 1Q FY2017 2Q FY2016 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q =100 =100 Number of Shares 2,022 1,588 1,766 1,515 1,581 1,651 2,289 1,935 1,606 1,610 100 98 Dealing 629 559 659 495 561 658 631 545 422 384 91 58 Broke

  18. Slide 18: Foreign Stocks

    Foreign Stocks [Quarter on Quarter]  Revenues from Foreign Stocks: ¥5,629 Mil., up 14% QoQ [Year on Year]  Revenues from Foreign Stocks: up 97% YoY (Million yen) Revenues from Foreign Stocks 6,000 Q on Q Y on Y 1Q FY2017 2Q FY2016 5,000 =100 =100 114 197 4,000 3,000 2,000 1,000 0 1Q 2Q 3Q 4Q 1Q 2Q

  19. Slide 19: Sales of Foreign Currency Bonds and Structured Bonds

    Sales of Foreign Currency Bonds and Structured Bonds [Quarter on Quarter]  Sales of Foreign Currency Bonds and Structured Bonds: ¥55,636 Mil., down 18% QoQ [Year on Year]  Sales of Foreign Currency Bonds and Structured Bonds: down 16% YoY (Million yen) FY2015 FY2016 FY2017 Q on Q Y on Y 1Q FY2017

  20. Slide 20: Investment Trust (Sales and Asset under Custody)

    Investment Trust (Sales and Asset under Custody) [Quarter on Quarter]  Sales of investment trusts: ¥89.0 Billion., up 23% QoQ  Asset under Custody: 968.0 Billion., up 4% QoQ [Year on Year]  Sale of Investment Trusts: up 73% YoY  Asset under Custody: up 10% YoY Sales Asset under Custody (Billion

  21. Slide 21: Investment Trust Sales and Agency Commissions

    Investment Trust  Sales Commissions  Agency Commissions [Quarter on Quarter] [Quarter on Quarter]  Sales Commissions: ¥1,290 Mil., down 8% QoQ  Agency Commissions: ¥937 Mil., up 3% QoQ [Year on Year] [Year on Year]  Sales Commissions: up 3% YoY  Agency Commissions: up 3% YoY (Million yen) (Mil

  22. Slide 22: Net Inflow of Cash and Securities (Individuals)

    Net Inflow of Cash and Securities (Individuals) (Million yen) FY2015 FY2016 FY2017 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Inflow of Cash 80,130 87,773 83,428 87,757 71,380 66,462 74,706 71,865 61,622 64,548 Outflow of Cash -83,843 -68,463 -79,744 -57,859 -51,555 -51,144 -76,459 -63,953 -66,706 -59,970 Net In

  23. Slide 23: Overview by Business Segment

    Overview by Business Segment Total Revenue (Million yen) FY2015 FY2016 FY2017 Q on Q Y on Y 1Q FY2017 2Q FY2016 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q =100 =100 Retail 13,243 9,635 10,051 8,666 8,659 8,089 10,328 10,334 10,300 10,085 98 125 % 66 61 63 59 60 58 58 57 60 55 - - Non-retail 6,881 6,041 5,954 5,9

  24. Slide 24: Overview by Business Segment

    Overview by Business Segment [Quarter on Quarter]  Revenues from Retail Business Segment: ¥10,085 Mil., down 2% QoQ  Revenues from Non-retail Business Segment: ¥8,121 Mil., up 17% QoQ (please refer to the previous page) [Year on Year]  Revenues from Retail Business Segment: up 25% YoY  Revenues

  25. Slide 25: Revenues, Number of Accounts, and Asset under Custody by Region (Retail)

    Revenues, Number of Accounts, and Asset under Custody Attained by Each Region (Retail)  Revenues by Region (Billion yen) Revenues by Region 14 (Million yen) FY2015 FY2016 FY2017 Q on Q Y on Y 12 1Q FY2017 2Q FY2016 10 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q =100 =100 8 Eastern Japan 3,028 2,082 2,074 1,787 1

  26. Slide 26: Capital Adequacy Ratio

    Capital Adequacy Ratio (Million yen) FY2015 FY2016 FY2017 Q on Q Y on Y 1Q FY2017 2Q FY2016 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q =100 =100 Capital Adequacy Ratio (%) 354.2 363.3 352.6 380.6 358.9 401.3 437.8 434.3 374.2 397.0 106 99 Net Capital 101,924 100,338 102,246 99,004 98,346 97,753 101,085 99,931 97

  27. Slide 27: (Reference) Takagi Securities

    (Reference) Takagi Securities  Consolidated Statements of Income  Stock Trading Amount (Million yen) （Million yen) FY2017 FY2017 1Q 2Q 1Q 2Q Total Revenues 1,446 1,309 Amount 82,693 79,916 Fees and Commissions 1,317 1,141 Dealing 1,369 9,273 Brokerage Commissions 646 533 Brokerage 81,323 70,643 Un

  28. Slide 28: Inquiries to be directed to

    Inquiries to be directed to:  Corporate Communications Department, Tokai Tokyo Financial Holdings, Inc.  TEL: 03-3517-8618 FAX: 03-3517-8314  E-mail: fh_ir@tokaitokyo-fh.jp  This material is intended to provide information regarding the Company’s most recent operational result but NOT to solicit

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