Slide 1: IR Presentation for Fiscal year ended March 2010
Stock Code:8624 IR Presentation for Fiscal year ended March 2010 May 2010 Ichiyoshi Securities Co., Ltd.
Slide 2: Ⅰ. Business Results (Consolidated)
Ⅰ．Business Results (Consolidated) 1
Slide 3: 1. Profit & Loss
1. Profit & Loss （¥ million） （¥ million） 2009／3 2010／3 (accumulative) Quarter-on- Year-on- Quarter 2009/3 2010/3 Year 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 4Q 4Q Operating revenue 5,042 3,598 2,849 2,766 4,150 4,005 3,760 3,827 1.8％ 14,256 15,744 10.4％ Operating costs & expenses 4,676 4,406 4,215 4,045 4,036 3,90
Slide 4: 2. Financial Results
2. Financial Results 2009／3 2010／3 Quarter-on- Year-on- Quarter Year 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Total assets 48,645 47,868 39,398 36,596 39,287 47,083 37,183 37,254 0.2％ 1.8％ (¥mil.) Total net worth (¥mil.) 35,266 34,006 29,715 28,156 27,911 27,819 27,143 26,917 △0.8％ △4.4％ Equity ratio (％) 72.4 70.9 7
Slide 5: 3. Balance Sheets
3. Balance Sheets （¥ million） 2009／3 2010／3 Quarter-on- Year-on- 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Quarter Year Assets Current assets 37,039 37,891 28,853 27,448 30,203 38,281 28,633 29,234 2.1％ 6.5％ Fixed assets 11,606 9,976 10,545 9,147 9,084 8,802 8,550 8,020 △6.2％ △12.3％ Total assets 48,645 47,868 39,398
Slide 6: 4. Breakdown of Net Operating Revenue
4. Breakdown of Net Operating Revenue （¥ million） （¥ million） 2009／3 2010／3 (accumulative) Quarter- Year-on- on-Quarter 2009/3 2010/3 Year 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 4Q 4Q Commission revenue 4,446 3,103 2,556 2,451 3,671 3,572 3,303 3,363 1.8％ 12,557 13,912 10.8％ Gains on trading 292 267 97 101 258 214
Slide 7: 5. Breakdown of Gains on Trading
5. Breakdown of Gains on Trading （¥ million） （¥ million） 2009／3 2010／3 (accumulative) Quarter-on- Year-on- Quarter 2009/3 2010/3 Year 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 4Q 4Q Stocks 145 115 77 86 171 61 88 133 51.6％ 425 455 7.2％ Bonds・Forex 147 152 19 15 86 152 146 92 △37.1％ 334 478 43.2％ （Bonds） （145） （153） （
Slide 8: 6. Breakdown of Commission Revenue
6. Breakdown of Commission Revenue （¥ million） （¥ million） 2009／3 2010／3 (accumulative) Quarter- Year-on- on-Quarter 2009/3 2010/3 Year 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 4Q 4Q Brokerage Stocks 1,776 875 1,033 858 1,623 1,337 937 1,169 24.8％ 4,544 5,068 11.5％ Distribution Investment 853 497 279 434 754 978 1,0
Slide 9: 7. Operating Cost and Expenses
7. Operating Cost and Expenses （¥ million） （¥ million） 2009／3 2010／3 (accumulative) Quarter- Year-on- on-Quarter 2009/3 2010/3 Year 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 4Q 4Q Transaction related expenses 531 620 497 489 408 401 378 275 △27.0％ 2,139 1,463 △31.6％ Personnel expenses 2,469 2,218 2,127 2,083 2,248 2,
Slide 10: Ⅱ. Business Circumstances
Ⅱ．Business Circumstances 9
Slide 11: 1. Customer Assets under Custody
1. Customer Assets under Custody (¥100 mil.) 20,286 Others 21,000 Equity 1,051 19,313 18,602 Investment Trusts 1,080 19,000 1,054 16,579 17,000 15,902 1,114 1,076 14,466 15,000 1,152 9,613 13,590 13,375 13,428 13,697 8,673 1,080 1,119 1,143 8,007 12,338 1,107 13,000 11,775 1,068 6,906 1,065 6,567 11
Slide 12: 2. Cash and Securities Receipts/Withdrawals/Net Increase
2. Cash and Securities Receipts/ Cash and Securities Withdrawals/ Net Increase (Monthly Average) （¥100 mil.） Cash and securities receipts Cash and securities withdrawals Net increase (loss) 300 235 209 200 148 154 149 154 142 99 100 86 81 65 74 79 58 36 38 19 19 5 0 -8 -3 -10 -8 -8 -100 -82 -89 -82
Slide 13: 3. Subscription/Redemption/Net Increase of Investment Trusts
3. Subscription/ Redemption/ Net Increase of Investment Trusts (Monthly Average) （¥100 mil.） 300 Amount of subscription Amount of redemption Net increase (loss) 250 200 200 171 170 175 168 147 155 150 124 111 116 95 100 78 63 57 50 29 35 38 18 16 32 10 0 -16 -21 -26 -50 -68 -100 -84 -83 -95 -108 -11
Slide 14: 4. Top Best Selling Investment Trusts
4. Top 5 Best Selling Investment Trusts (Total Amounts of 3 Months) （¥ 100 mil.） 2008/3 2009/3 2010/3 1Ｑ 2Ｑ 3Ｑ 4Ｑ 1Ｑ 2Ｑ 3Ｑ 4Q 1Q 2Q 3Q 4Q Global Sovereign Open 71 125 114 101 131 160 89 78 78 244 153 115 Mellon World Emerging Country Sovereign Fund 187 148 113 80 172 32 10 76 91 HSBC Asia Quality St
Slide 15: 5. Trend of Investment Trust Trailer Fee and its Cost Coverage
5. Trend of Investment Trust Trailer Fee and its Cost Coverage (Monthly Average/Parent Company Basis) （¥mil.） （%） 600 Investment trust trailer fee 50 Investment trust trailer fee (left axis) ※ Cost coverage ratio ＝ Cost coverage ratio (right axis) Operating expense （ ） : Wrap-account management fee
Slide 16: 6. Number of Customer Accounts (Retail)
6. Number of Customer Accounts (Retail) Total no. of accounts of assets under custody (left axis) No. of accounts with more than \10 mil. (right axis) （Accounts） （Accounts） 156,017 155,490 155,099 154,692 152,787 154,138 153,675 149,018 150,457 151,427 150,000 146,070 147,880 45,000 130,000 42,498 4
Slide 17: 7. Number of New Customer Accounts and Ratio of Referrals
7. Number of New Customer Accounts and Ratio of Referrals 1000 （Accounts） New customer accounts Of which, through referrals 800 ※ Ratio of referrals (%) 600 400 39.5 39.3 39.3 39.3 50.4 200 37.3 42.4 44.9 48.2 42.7 41.7 44.8 44.0 44.0 45.2 41.3% 41.1 0 y. r. t. r b 8 9 g. v. n. l. c p. p. 0 Ma Oc Ap
Slide 18: 8. Accumulated Number of Companies Lead- and Co-managed
8. Accumulated Number of Companies Lead- and Co-managed (Companies) (Companies) 900 No. of companies lead- and co-managed (left axis) 40 Of which, no. of companies lead-managed (accumulative) (right axis) 850 828 820 821 821 823 825 808 812 813 815 799 35 800 792 750 30 700 27 27 27 27 27 650 26 26
Slide 19: Disclaimer
Disclaimer ・This document is produced by Ichiyoshi Securities Co., Ltd. ・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 Ichiyoshi Securities Co., Ltd. ・This presentation is based on Japanes