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Western Securities Co.: Net profit jumped 48% year-over-year to ¥291 million, while revenue fell 24%

Western Securities Co.: Net profit jumped 48% year-over-year to ¥291 million, while revenue fell 24%

Western Securities Co., Ltd. Class AApril 23, 20254
Western Securities Co.: Net profit jumped 48% year-over-year to ¥291 million, while revenue fell 24%

About this update from Western Securities Co., Ltd. Class A

Net profit surged 48% year-over-year to ¥291 million, driven by strong brokerage and investment banking income, despite a 24% drop in revenue. Risk and liquidity ratios declined, and operating cash flow turned negative, while the company completed major bond issuances and a share buyback.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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