Transforming the revenue structure to withstand market changes
First written in FY2016. 18 of 26 entries say "Restated". Latest entry: 2026-10-15.
The whole theme swung hardest in 2017: 1 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- 2026-10-15AdvancedRevision of earnings forecasts
「当四半期の業績は、投資信託の販売手数料が減少したものの、国内株委託手数料や中国株手数料、投資信託の代行手数料が増加したため、営業利益や経常利益、親会社株主に帰属する四半期純利益は大幅な増益となりました。」
投資信託販売手数料が減少する局面でも、国内株・中国株の手数料や投資信託の代行手数料の増加により増益となった実績が示され、収益構造の進展が具体化した。 - FY2026AdvancedAnnual report
「Our group also aims to secure stable revenue generated by expanding our customer base, centered on increasing assets under custody. Under this policy, during the fiscal year under review we focused on investment trust sales. Investment trust sales commissions were ¥2.962 billion, an increase of ¥767 million from the previous consolidated fiscal year, while trust fees (agency fees) were ¥2.801 billion, an increase of ¥325 million.」
Both sales commissions and trust fees exceeded the previous fiscal year in connection with securing stable revenue through growth in assets under custody and investment trust sales. - FY2025RestatedAnnual report
「We aim to achieve ROE of at least 8% in the final year of the medium-term management plan, the fiscal year ending March 2028.」
The group continues its plan to stabilize the revenue structure through cost structure reforms and other measures and achieve ROE of at least 8% in the fiscal year ending March 2028. - FY2025-H1RaisedAnnual report
「To achieve a PBR of at least 1x for our share price, through the fiscal year ending March 2027 we will accelerate the sale of investment securities previously pursued under our financial strategy and record extraordinary gains.」
The group again reviewed the Sixth Medium-Term Management Plan concerning revenue structure stabilization, extended the plan period through March 2028 and set numerical targets including ROE of at least 8.0% and assets under custody of at least ¥1.5 trillion. - FY2024-Q3RaisedAnnual report
「Initial plan Revised plan Plan period Through March 2025 Through March 2026 Operating revenue ¥13.0 billion ¥13.5 billion」
The group extended the medium-term management plan period from through March 2025 to through March 2026 and raised the operating revenue target from ¥13.0 billion to ¥13.5 billion. - FY2024-Q2RestatedAnnual report
「Our group’s operating revenue is unstable because, as the financial instruments business is our core business, it is significantly affected by fluctuations in domestic and overseas financial markets. We therefore currently aim to secure stable revenue generated by expanding our customer base, centered on increasing assets under custody.」
Based on a revenue structure affected by market fluctuations, the group continues its policy of securing stable revenue by increasing the balance of assets under custody and expanding its customer base. - FY2024-Q1RestatedAnnual report
「Our group’s operating revenue is unstable because, as the financial instruments business is our core business, it is significantly affected by fluctuations in domestic and overseas financial markets. We therefore currently aim to secure stable revenue generated by expanding our customer base, centered on increasing assets under custody.」
Based on a revenue structure affected by market fluctuations, the group continues its policy of securing stable revenue by increasing the balance of assets under custody and expanding its customer base. - FY2023-Q2RestatedAnnual report
「Our group’s operating revenue is unstable because, as the financial instruments business is our core business, it is significantly affected by fluctuations in domestic and overseas financial markets. We therefore currently aim to secure stable revenue generated by expanding our customer base, centered on increasing assets under custody.」
Based on a revenue structure affected by market fluctuations, the group continues its policy of securing stable revenue by increasing the balance of assets under custody and expanding its customer base. - FY2022RestatedAnnual report
「We will work to secure stable revenue that is less affected by temporary fluctuations in the financial markets by expanding our customer base through services that achieve high customer satisfaction.」
The group continues its policy of securing stable revenue less affected by market fluctuations through expansion of its customer base. - FY2022-Q3RestatedAnnual report
「Our group’s operating revenue is unstable because, as the financial instruments business is our core business, it is significantly affected by fluctuations in domestic and overseas financial markets. We therefore currently aim to secure stable revenue generated by expanding our customer base, centered on increasing assets under custody.」
Based on a revenue structure affected by market fluctuations, the group continues its policy of securing stable revenue by increasing the balance of assets under custody and expanding its customer base. - FY2021-Q3RestatedAnnual report
「Our group’s operating revenue is unstable because, as the financial instruments business is our core business, it is significantly affected by fluctuations in domestic and overseas financial markets. We therefore currently aim to secure stable revenue generated by expanding our customer base, centered on increasing assets under custody.」
Based on a revenue structure affected by market fluctuations, the group continues its policy of securing stable revenue by expanding assets under custody and its customer base. - FY2021-Q2RestatedAnnual report
「Our group’s operating revenue is unstable because, as the financial instruments business is our core business, it is significantly affected by fluctuations in domestic and overseas financial markets. We therefore currently aim to secure stable revenue generated by expanding our customer base, centered on increasing assets under custody.」
Based on a revenue structure affected by market fluctuations, the group continues its policy of securing stable revenue by expanding assets under custody and its customer base. - FY2020RaisedAnnual report
「Under the new five-year medium-term management plan, we will treat the first 2 years as a period for establishing a foundation, decisively reform our sales model and stabilize our revenue structure through cost structure reforms. The subsequent 3 years will be a period for benefiting from the results achieved in the first 2 years, with the aim of stabilizing and growing revenue. Through these measures, we aim to reach a position in which we can stably secure ROE of 5% or more in the final year of the medium-term plan.」
The plan identified sales model reform and cost structure reform as means of stabilizing the revenue structure and newly stated a target of stably securing ROE of 5% or more in the final year of the medium-term plan. - FY2020-Q3RestatedAnnual report
「Our group’s operating revenue is unstable because, as the financial instruments business is our core business, it is significantly affected by fluctuations in domestic and overseas financial markets. We therefore currently aim to secure stable revenue generated by expanding our customer base, centered on increasing assets under custody.」
Based on a revenue structure affected by market fluctuations, the group continues its policy of securing stable revenue by expanding assets under custody and its customer base. - FY2020-Q2RestatedAnnual report
「Our group’s operating revenue is unstable because, as the financial instruments business is our core business, it is significantly affected by fluctuations in domestic and overseas financial markets. We therefore currently aim to secure stable revenue generated by expanding our customer base, centered on increasing assets under custody.」
Based on a revenue structure affected by market fluctuations, the group continues its policy of securing stable revenue by expanding assets under custody and its customer base. - FY2020-Q1RestatedAnnual report
「Our group’s operating revenue is unstable because, as the financial instruments business is our core business, it is significantly affected by fluctuations in domestic and overseas financial markets. We therefore currently aim to secure stable revenue generated by expanding our customer base, centered on increasing assets under custody.」
Based on a revenue structure affected by market fluctuations, the group continues to secure stable revenue by expanding assets under custody and its customer base. - FY2019RestatedAnnual report
「Our group also aims to secure stable revenue generated by expanding our customer base, centered on increasing assets under custody.」
Based on a revenue structure affected by market fluctuations, the group continues its policy of securing stable revenue by expanding assets under custody and its customer base. - FY2019-Q3RestatedAnnual report
「Our group’s operating revenue is unstable because, as the financial instruments business is our core business, it is significantly affected by fluctuations in domestic and overseas financial markets. We therefore currently aim to secure stable revenue generated by expanding our customer base, centered on increasing assets under custody.」
Based on a revenue structure affected by market fluctuations, the group continues to secure stable revenue by expanding assets under custody and its customer base. - FY2019-Q1RestatedAnnual report
「We are therefore currently working to reform our revenue structure by focusing on sales of investment trusts to increase assets under custody and secure stable recurring revenue.」
The group continues its policy of reforming a revenue structure exposed to market fluctuations and securing stable revenue through investment trust sales. - FY2017ReframedAnnual report
「Under the previous medium-term management plan, we implemented various measures to transform our revenue structure into one capable of withstanding changes in market conditions. As a result, we achieved certain results, including expanding the breadth of our customer base, reducing fixed costs, particularly real estate-related expenses, and encouraging employees to obtain qualifications that enhance their expertise as part of our human resources development, such as the Inheritance Advisor qualification. Under the new medium-term management plan, we will narrow our focus to 3 priority areas and implement various measures to provide high-quality services that achieve high customer satisfaction.」
After summing up the previous revenue structure reforms as achievements, the new plan shifts its focus to 3 priority areas: customer-oriented services, operational efficiency and the human resources base. - FY2017-Q3RestatedAnnual report
「In addition, as key challenges, we have identified establishing a competitive advantage through differentiation from other companies and rebuilding our business model by transforming it into a revenue structure capable of withstanding changes in market conditions.」
The transformation into a revenue structure capable of withstanding changes in market conditions continues to be a key challenge in rebuilding the business model. - FY2017-Q2RestatedAnnual report
「In addition, as key challenges, we have identified establishing a competitive advantage through differentiation from other companies and rebuilding our business model by transforming it into a revenue structure capable of withstanding changes in market conditions.」
The transformation into a revenue structure capable of withstanding changes in market conditions continues to be a key challenge in rebuilding the business model. - FY2017-Q1RestatedAnnual report
「In addition, as key challenges, we have identified establishing a competitive advantage through differentiation from other companies and rebuilding our business model by transforming it into a revenue structure capable of withstanding changes in market conditions.」
The transformation into a revenue structure resilient to changes in market conditions continues to be a key challenge in rebuilding the business model. - FY2016First statedAnnual report
「As key challenges under this medium-term management plan, we have identified establishing a competitive advantage through differentiation from other companies and rebuilding our business model by transforming it into a revenue structure capable of withstanding changes in market conditions.」
The transformation into a revenue structure resilient to market fluctuations is positioned as a rebuilding of the business model.