Japan Securities Finance Co., Ltd. · TSE:8511
Japan Securities Finance — Investor Presentation (January 2015)
43 slides from Japan Securities Finance's investor presentation, January 2015
Slide 1: Japan Securities Finance Co.,Ltd
Japan Securities Finance Co.,Ltd
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Slide 4: 22 54
22 54
Slide 5: Operating revenues by business
\ mil ( ) ratio of OR Mar-15 Mar-16 Securities Finance Bussiness Margin Loan Business Interest on Loans Interest on collateral money of securities borrowed Fees on Lending Securities Premium Charges Lending Fees Bond Financing and General Loans Business Bond financing & General Loans Loans for
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Slide 11: FY2015 3Q Results (Reference)
\ mil FY 2015, 3Q Results (Reference) Shareholding FY2014 Ratio Operating Recurring Net Net Income Revenues Income Income Consolidated 22,035 3,349 2,645 3,520 JSF - 17,798 2,508 1,971 2,219 JSF Trust Bank 100% 3,549 470 450 1,173 Nihon Building 100% 1,199 466 315 408 Equity-method Gain or Loss in E
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Slide 13: Recurring income and net income
( 558) ( 649) ( 545) 2,645 ( 586) ( 708) ( 471) 1,971 ( 120) ( 150) 450 315
Slide 14: 1,100 1,200 2,000 1,300 1,800 1,400 2,700 1,100 1,500 1,100 2,100
800 1,100 1,200 2,000 1,300 1,800 1,400 2,700 1,100 1,500 1,100 2,100
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Slide 22: Operating Revenues, Operating Expenses, Operating Income
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 Operating Revenues 22,848 20,229 17,675 19,566 20,300 22,035 Ex Premium charges 19,037 17,082 14,718 16,195 15,856 16,160 Operating Expenses 11,327 9,634 8,193 8,747 9,450 11,537 7,865 7,554 7,694 8,249 7,824 7,939 Operating Income 3,655 3,039 1,787 2,568 3,
Slide 23: Operating revenues by business line
\ mil Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Securities Finance Bussiness 17,558 15,186 14,093 16,363 Margin Loan Business 8,922 6,756 6,625 9,240 (39.0%) (33.4%) (37.5%) (47.2%) Interest on Loans 2,809 1,783 1,760 4,012 Interest on collateral money of securities borrowed 826 639 652 436 Fees on
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Slide 28: ¥ mil
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Slide 30: Margin and stock loan balances
¥ tri 3.0 50% Margin Buying Balance 45% 2.5 Margin Loan Balance 40% Ratio 2.0 35% 30% 1.5 25% 20% 1.0 15% 0.5 10% 5% 0.0 0% 08 09 10 11 12 13 14 15 1.0 tri 100% Margin Selling Balance 0.9 90% Stock Loan Balance 0.8 Ratio 80% 0.7 70% 0.6 60% 0.5 50% 0.4 40% 0.3 30% 0.2 20% 0.1 10% 0.0 0% 08 09 10 11
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Slide 33: Loan rate, lending fee and collateral interest rate
Loan Rate Lending Fee Interest Rate on Collateral Money of Stock Loan BOJ Policy Rate 1.2% 1.0% 0.8% 0.6% 0.4% 0.2% 0.0%
Slide 34: Loan rate, collateral interest rate and lending fee history
10.0% 9.0% 8.75% Loan Rate Interest Rate on Collateral Money of Stock Loan 8.0% Lending Fee 7.0% Profit Margin 6.0% 5.00% 5.0% Sep-93 Mar-16 4.0% 3.75% Nov-10 Aug-14 3.0% Jan-09 2.0% May-02 1.0% 1.00% 0.0% 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15
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Slide 36: Mar-14 Mar-15 Mar-16
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Slide 37: Loan Balance
\mil Loan Loan Loan ratio ratio ratio Balance Balance Balance
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Japan Securities Finance — Investor Presentation (January 2015) on 6ix