Monex Group, Inc. · TSE:8698

Monex — FY2024 Earnings Presentation

27 slides from Monex's earnings presentation, Apr 25, 2024

1. Slide 1: Databook: Financial Results for the Fiscal Year Ending March 31, 2024

   TSE Prime: 8698 Monex Group DATABOOK Financial Results for the Fiscal Year Ending March 31, 2024 April 25, 2024

2. Slide 2: Table of Contents

   Table of Contents P.1 I. Market & Transaction Data P.2 ~ P.6 II. Financial Data P.7 ~ P.25 This is an English translation of Japanese presentation material prepared in connection with the disclosure of the financial results of Monex Group, Inc. It includes information derived from the consolidated f

3. Slide 3: I. Market & Transaction Data

   I. Market & Transaction Data © Monex Group, Inc. 2

4. Slide 4: Market and Transaction Data (1) U.S., Crypto Asset, and Asia-Pacific Segment

   Market and Transaction Data (1) U.S., Crypto Asset, and Asia-Pacific Segment FYE Mar. FYE Mar. 2023 FYE Mar. 2024 2022 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q U.S. Segment - TradeStation Group Customers’ Assets in Custody (JPY million) (*1) 1,463,980 1,263,405 1,293,773 1,176,402 1,340,245 1,536,428 1,540,512 1,

5. Slide 5: Market and Transaction Data (2) Number of Employees

   Market and Transaction Data (2) Number of Employees FYE Mar. FYE Mar. 2023 FYE Mar. 2024 2022 4Q End 1Q End 2Q End 3Q End 4Q End 1Q End 2Q End 3Q End 4Q End Japan Segment 466 480 495 502 513 538 537 537 158 Monex Group, Inc. 45 46 40 40 42 42 43 46 53 Monex, Inc. 339 349 367 360 365 380 380 380 ― Ot

6. Slide 6: Market and Transaction Data (3) Equity-method affiliate - Monex, Inc.

   Market and Transaction Data (3) Equity-method affiliate - Monex, Inc. FYE Mar. 2022 FYE Mar. 2023 FYE Mar. 2024 4Q End 1Q End 2Q End 3Q End 4Q End 1Q End 2Q End 3Q End 4Q End Customers’ Assets in Custody (JPY million）(*1) Equities 3,642,447 3,517,048 3,508,852 3,601,048 3,828,186 4,193,533 4,338,468

7. Slide 7: Market and Transaction Data (4) equity method affiliates of the Company - Monex, Inc.

   Market and Transaction Data (4) equity method affiliates of the Company - Monex, Inc. FYE Mar. FYE Mar. 2023 FYE Mar. 2024 2022 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Equities and ETFs, etc. Total trading volume of individual investors of 2 Japanese 17,715 15,521 15,346 17,744 16,630 20,089 20,810 21,465 31,721

8. Slide 8: II. Financial Data

   II. Financial Data © Monex Group, Inc. 7

9. Slide 9: Quarterly consolidated financial results

   Quarterly consolidated financial results (JPY million) FYE Mar. 2023 FYE Mar. 2024 4Q 1Q 2Q 3Q 4Q Commission received 9,357 9,741 10,120 10,058 7,844 Net trading income 2,563 1,988 2,591 4,486 4,128 Financial income 8,360 10,057 9,693 7,968 7,028 Sales 84 70 75 83 24 Other operating income 268 273 2

10. Slide 10: Quarterly consolidated financial results (Reclassified)

    Quarterly consolidated financial results (Reclassified) (JPY million) FYE FYE FYE Mar.2024 FYE Mar.2024 Mar.2023 Mar.2023 4Q 1Q 2Q 3Q 4Q 4Q 1Q 2Q 3Q 4Q Brokerage commissions 5,594 5,947 6,124 6,006 3,954 Transaction-related expenses 5,851 5,881 6,092 6,579 4,227 Stocks and ETFs 2,576 3,023 2,939 2,7

11. Slide 11: Quarterly financial results by segment: Japan Segment

    Quarterly financial results by segment Japan Segment (JPY million) FYE FYE Mar.2024 FYE FYE Mar.2024 Mar.2023 Mar.2023 4Q 1Q 2Q 3Q 4Q 4Q 1Q 2Q 3Q 4Q Brokerage commissions 2,114 2,580 2,513 2,334 - Transaction-related expenses 2,405 2,378 2,413 2,626 387 Stocks and ETFs 2,052 2,523 2,451 2,274 - Comm

12. Slide 12: Quarterly financial results by segment: US Segment

    Quarterly financial results by segment US Segment (JPY million) FYE FYE FYE Mar.2024 FYE Mar.2024 Mar.2023 Mar.2023 4Q 1Q 2Q 3Q 4Q 4Q 1Q 2Q 3Q 4Q Brokerage commissions 3,404 3,315 3,584 3,647 3,817 Transaction-related expenses 3,031 3,062 3,332 3,585 3,224 Stocks and ETFs 456 457 468 461 501 Commiss

13. Slide 13: Quarterly financial results by segment: US Segment (USD thousand)

    Quarterly financial results by segment US Segment (USD thousand) FYE FYE FYE Mar.2024 FYE Mar.2024 Mar.2023 Mar.2023 4Q 1Q 2Q 3Q 4Q 4Q 1Q 2Q 3Q 4Q Brokerage commissions 25,539 23,990 24,793 24,919 25,657 Transaction-related expenses 22,770 22,156 23,056 24,525 21,594 Commissions paid 10,186 9,762 10

14. Slide 14: Quarterly financial results by segment: Crypto Asset Segment

    Quarterly financial results by segment Crypto Asset Segment (JPY million) FYE FYE FYE Mar.2024 FYE Mar.2024 Mar.2023 Mar.2023 4Q 1Q 2Q 3Q 4Q 4Q 1Q 2Q 3Q 4Q Brokerage commissions 6 9 7 9 18 Transaction-related expenses 432 460 394 421 546 Stocks and ETFs - - - - - Commissions paid 63 76 53 107 131 Op

15. Slide 15: Quarterly financial results by segment: Asia-Pacific Segment

    Quarterly financial results by segment Asia-Pacific Segment (JPY million) FYE FYE FYE Mar.2024 FYE Mar.2024 Mar.2023 Mar.2023 4Q 1Q 2Q 3Q 4Q 4Q 1Q 2Q 3Q 4Q Brokerage commissions 153 131 130 105 126 Transaction-related expenses 71 70 66 59 72 Stocks and ETFs 153 131 130 105 126 Commissions paid 11 12

16. Slide 16: Quarterly financial results by segment: Investment Segment

    Quarterly financial results by segment Investment Segment (JPY million) FYE FYE FYE Mar.2024 FYE Mar.2024 Mar.2023 Mar.2023 4Q 1Q 2Q 3Q 4Q 4Q 1Q 2Q 3Q 4Q Brokerage commissions - - - - - Transaction-related expenses 2 5 4 3 4 Stocks and ETFs - - - - - Commissions paid 0 1 1 1 0 Options and Futures -

17. Slide 17: Quarterly financial results Monex, Inc. (JGAAP)

    Quarterly financial results Monex, Inc. (JGAAP) (JPY million) FYE FYE FYE Mar.2024 FYE Mar.2024 Mar.2023 Mar.2023 4Q 1Q 2Q 3Q 4Q 4Q 1Q 2Q 3Q 4Q Brokerage commission 2,114 2,580 2,513 2,334 3,039 Transaction-related expenses 2,300 2,255 2,259 2,467 3,209 Stocks and ETFs 2,051 2,522 2,450 2,274 2,979

18. Slide 18: Yearly consolidated financial results

    Yearly consolidated financial results (JPY million) FYE Mar. 2023 FYE Mar. 2024 Variance Change Commission received 36,953 37,763 810 2.2% Net trading income 10,788 13,193 2,405 22.3% Financial income 29,413 34,746 5,333 18.1% Sales 960 253 -708 -73.7% Other operating income 1,190 1,725 535 44.9% To

19. Slide 19: Yearly consolidated financial results (Reclassified)

    Yearly consolidated financial results (Reclassified) (JPY million) FYE FYE Variance Change FYE FYE Variance Change Mar.2023 Mar.2024 Mar.2023 Mar.2024 Brokerage commissions 22,338 22,032 -306 -1.4% Transaction-related expenses 24,262 22,780 -1,483 -6.1% Stocks and ETFs 10,896 9,334 -1,562 -14.3% Com

20. Slide 20: Yearly financial results by segment: Japan Segment

    Yearly financial results by segment Japan Segment (JPY million) FYE FYE FYE FYE Variance Change Variance Change Mar.2024 Mar.2023 Mar.2024 Mar.2023 Brokerage commissions 8,952 7,428 -1,525 -17.0% Transaction-related expenses 8,769 7,803 -965 -11.0% Stocks and ETFs 8,688 7,248 -1,441 -16.6% Commissio

21. Slide 21: Yearly financial results by segment: US Segment

    Yearly financial results by segment US Segment (JPY million) FYE FYE Variance Change FYE FYE Variance Change Mar.2023 Mar.2024 Mar.2023 Mar.2024 Brokerage commissions 13,127 14,362 1,235 9.4% Transaction-related expenses 12,948 13,202 254 2.0% Stocks and ETFs 1,967 1,887 -80 -4.0% Commissions paid 4

22. Slide 22: Yearly financial results by segment: Crypto Asset Segment

    Yearly financial results by segment Crypto Asset Segment (JPY million) FYE FYE Variance Change Variance Change Mar.2023 Mar.2024 FYE Mar.2023 FYE Mar.2024 Brokerage commissions 17 42 25 149.2% Transaction-related expenses 2,600 1,822 -779 -29.9% Stocks and ETFs - - - - Commissions paid 339 367 27 8.

23. Slide 23: Yearly financial results by segment: Asia-Pacific Segment

    Yearly financial results by segment Asia-Pacific Segment (JPY million) FYE FYE Variance Change FYE FYE Variance Change Mar.2023 Mar.2024 Mar.2023 Mar.2024 Brokerage commissions 630 492 -137 -21.8% Transaction-related expenses 350 267 -83 -23.6% Stocks and ETFs 630 492 -137 -21.8% Commissions paid 45

24. Slide 24: Yearly financial results by segment: Investment Segment

    Yearly financial results by segment Investment Segment (JPY million) FYE FYE Variance Change FYE FYE Variance Change Mar.2023 Mar.2024 Mar.2023 Mar.2024 Brokerage commissions - - - - Transaction-related expenses 9 16 7 74.4% Stocks and ETFs - - - - Commissions paid 2 2 0 4.2% Options and Futures - -

25. Slide 25: Yearly financial results Monex, Inc. (JGAAP)

    Yearly financial results Monex ,Inc. (JGAAP) (JPY million) FYE FYE Variance Change FYE FYE Variance Change Mar.2023 Mar.2024 Mar.2023 Mar.2024 Brokerage commission 8,952 10,467 1,514 16.9% Transaction-related expenses 8,278 10,191 1,913 23.1% Stocks and ETFs 8,688 10,227 1,539 17.7% Commissions paid

26. Slide 26: Investments in securities

    Investments in securities (JPY million) As of As of Measurement method Description Mar. 31, 2023 Mar. 31, 2024 Total assets (*) 1,504,110 761,642 Investments in securities (*) 13,149 14,066 Fair Value Through Profit or Loss (FVTPL) Quoted prices (unadjusted) in active markets for Level 1 1,058 1,423

27. Slide 27: © Monex Group, Inc. www.monexgroup.jp/

    © Monex Group, Inc. www.monexgroup.jp/

Monex Group — FY2024 Earnings Presentation on 6ix