Performance fee calculation method based on transaction value
First written in FY2024. 3 of 4 entries say "Restated". Latest entry: FY2026.
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- FY2026RestatedAnnual report
「We use a calculation standard based on transaction value. Because this method results in a lower client burden than a method based on transferred total assets, it offers clients a cost advantage and price appeal.」
The transaction-value-based success-fee calculation method remains a pricing feature. - 2026-03-31RestatedFinancial results presentation
「We use a transaction-value-based method, the stock-price Lehman method, to calculate success fees based on the transfer consideration. Compared with companies that calculate fees based on transferred total assets, or the total-assets Lehman method, our brokerage fees are lower.」
The transaction-value-based method for calculating success fees was reaffirmed as a pricing characteristic compared with other companies. - FY2025RestatedAnnual report
「We use a calculation standard based on transaction value. Because this method results in a lower client burden than a method based on transferred total assets, it offers clients a cost advantage and price appeal.」
The transaction-value-based success-fee calculation method remains a pricing feature. - FY2024First statedAnnual report
「We use a calculation standard based on transaction value. Because this method results in a lower client burden than a method based on transferred total assets, it offers clients a cost advantage and price appeal.」
The low client burden is positioned as a source of price appeal.