A revenue structure centered on trading income
First written in FY2016. 18 of 41 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-10-22.
No other company in this theme has enough history to compare yet.
- 2026-10-22Advancedfinance.yahoo.co.jp
「【業績予想/決算速報】光世証券<[8617](/quote/8617)>が10月22日に発表した2027年3月期中間決算の経常損益は313百万円であった。」
2027年3月期中間決算で経常損益313百万円が公表され、業績の最新実績が追加された。 - FY2026AdvancedAnnual report
「Commissions received were ¥266 million (144.8% of the previous fiscal year), and trading gains and losses in the proprietary trading division were ¥593 million (347.0%). … As a result, operating revenue was ¥1,113 million (199.0%), ordinary gains and losses were a profit of ¥254 million, compared with an ordinary loss of ¥463 million in the previous fiscal year, and net gains and losses for the period were a profit of ¥210 million, compared with a net loss of ¥466 million.」
Trading gains and losses, commissions received, and operating revenue increased from the previous period, and both ordinary gains and losses and net gains and losses for the period turned from loss to profit. - FY2025WorsenedAnnual report
「Commissions received were ¥184 million (90.6% of the previous fiscal year), and trading gains and losses in the proprietary trading division were ¥171 million (17.1%). … As a result, operating revenue was ¥559 million (37.3%), ordinary gains and losses were a loss of ¥463 million, compared with ordinary profit of ¥440 million in the previous fiscal year, and net gains and losses for the period were a loss of ¥466 million, compared with net profit of ¥377 million.」
Trading gains and losses declined from ¥1,000 million in the previous period to ¥171 million, while commissions received decreased from ¥203 million to ¥184 million. Operating revenue fell from ¥1,498 million to ¥559 million, and both ordinary gains and losses and net gains and losses for the period turned from profit in the previous period to loss. - FY2025-H1WorsenedAnnual report
「Commissions received for the interim accounting period were ¥94 million (107.9% year on year). … Trading gains and losses for the period amounted to ¥106 million (29.8%), affected in part by a decline in the fair value of securities held continuously. … Selling, general and administrative expenses were ¥556 million (115.7%). As a result, operating revenue for the interim accounting period was ¥301 million (49.0%), ordinary gains and losses were a loss of ¥250 million, compared with a profit of ¥161 million in the same period of the previous year, and interim net gains and losses were a loss of ¥253 million, compared with a profit of ¥133 million.」
Although commissions received increased, trading gains and losses declined from ¥356 million in the same period of the previous year to ¥106 million, and operating revenue fell from ¥616 million to ¥301 million. Ordinary gains and losses and interim net gains and losses both turned from profit in the same period of the previous year to loss, and expenses were 115.7% of the same period of the previous year. - FY2024AdvancedAnnual report
「Commissions received were ¥203 million (144.0% year on year), and trading gains and losses in the proprietary trading division were ¥1,000 million (720.3%). … As a result, operating revenue was ¥1,498 million (343.7%), ordinary gains and losses were a profit of ¥440 million, compared with a loss of ¥394 million in the previous period, and net gains and losses for the period were a profit of ¥377 million, compared with a loss of ¥397 million.」
Trading gains and losses increased from ¥138 million in the previous period to ¥1,000 million, while commissions received rose from ¥141 million to ¥203 million. Operating revenue was ¥1,498 million, and both ordinary gains and losses and net gains and losses for the period turned from loss in the previous period to profit. - FY2024-Q3AdvancedAnnual report
「Against these market conditions, the consulting division continued to provide financial products tailored to each customer's asset formation needs and propose asset management strategies combining derivatives. During the period, customer investment sentiment recovered against a backdrop of a buoyant equity market, and commissions received increased year on year to ¥131 million (132.8% year on year). In the proprietary trading division, the company traded equities and derivatives under thorough risk management. Trading gains and losses for the period amounted to ¥550 million (1,014.8%).」
Commissions received increased from ¥99 million in the same period of the previous year to ¥131 million, while trading gains and losses rose from ¥54 million to ¥550 million. Operating revenue increased from ¥281 million to ¥896 million, ordinary gains and losses turned from a loss of ¥314 million to a profit of ¥141 million, and quarterly net gains and losses turned from a loss of ¥316 million to a profit of ¥121 million. - FY2024-Q2AdvancedAnnual report
「During the quarter, customer investment sentiment recovered against a backdrop of a buoyant equity market, and commissions received increased from the same period of the previous year to ¥87 million (132.6% year on year). … Trading gains and losses for the quarter amounted to ¥356 million (2,111.4%).」
Trading gains and losses increased from ¥16 million in the same period of the previous year to ¥356 million, while commissions received rose from ¥66 million to ¥87 million. Operating revenue increased from ¥177 million to ¥616 million, and ordinary gains and losses improved from a loss of ¥220 million to a profit of ¥161 million. - FY2024-Q1Revenue recovered with the market recovery, returning to profitabilityAnnual report
「Against these market conditions, the consulting division continued to provide financial products tailored to each customer's asset formation needs and propose asset management strategies combining derivatives. During the period, customer investment sentiment recovered against a backdrop of a buoyant equity market, and commissions received increased year on year to ¥48 million (143.1% year on year). In the proprietary trading division, the company traded equities and derivatives under thorough risk management. Trading gains and losses for the period amounted to ¥178 million, compared with a loss of ¥34 million in the same period of the previous year.」
Trading gains and losses turned from a loss of ¥34 million in the same period of the previous year to a profit of ¥178 million, while commissions received increased from ¥34 million to ¥48 million. Operating revenue rose from ¥47 million to ¥332 million, and ordinary gains and losses improved from a loss of ¥126 million to a profit of ¥145 million. - FY2023-Q3WorsenedAnnual report
「In the consulting division, the company continued to provide financial products tailored to each customer's asset formation needs and propose asset management strategies combining derivatives. Although the number of accounts for derivatives trading such as futures and individual stock options increased and orders for government bond futures also rose, total commissions received remained sluggish at ¥99 million (83.0% year on year). In the proprietary trading division, the company traded equities and derivatives under thorough risk management. Amid a difficult equity market, ordinary dealing was weak, while valuation losses were recorded on securities held. Trading gains and losses therefore amounted to ¥54 million (42.7%).」
Commissions received declined to ¥99 million and trading gains and losses to ¥54 million. Operating revenue was ¥281 million, ordinary loss was ¥314 million, and quarterly net loss was ¥316 million. The losses widened from ordinary loss of ¥73 million and net loss of ¥76 million in the same period of the previous year. Although financial income increased to ¥62 million from ¥52 million, performance under the trading-centered revenue structure deteriorated. - FY2023-Q2WorsenedAnnual report
「As a result, operating revenue for the quarter was ¥177 million (58.5%), ordinary gains and losses were a loss of ¥220 million, compared with a profit of ¥59 million in the same period of the previous year, and net gains and losses for the quarter were a loss of ¥222 million, compared with a profit of ¥47 million.」
Under the revenue structure centered on trading, operating revenue declined to ¥177 million, or 58.5% of the same period of the previous year, and both ordinary gains and losses and quarterly net gains and losses turned from profit in the same period of the previous year to loss. - FY2023-Q1WorsenedAnnual report
「In the consulting division, the company continued to provide financial products tailored to each customer's asset formation needs and propose asset management strategies combining derivatives. Although the number of accounts increased for bond futures and individual stock options, total commissions received remained sluggish at ¥34 million (75.2% year on year). In the proprietary trading division, the company traded equities and derivatives under thorough risk management. Amid a difficult equity market, ordinary dealing was weak, and valuation losses were recorded on securities held. As a result, trading gains and losses amounted to a loss of ¥34 million, compared with a profit of ¥8 million in the same period of the previous year.」
Trading gains and losses reversed from a profit of ¥8 million in the same period of the previous year to a loss of ¥34 million, while commissions received decreased from ¥45 million to ¥34 million. Operating revenue declined from ¥98 million to ¥47 million, and the ordinary loss widened from ¥92 million to ¥126 million. - FY2022WorsenedAnnual report
「Commissions received were ¥154 million (68.2% year on year), and trading gains and losses in the proprietary trading division were ¥144 million (21.2%). As a result, operating revenue was ¥448 million (40.3%), ordinary gains and losses were a loss of ¥208 million, compared with ordinary profit of ¥176 million in the previous period, and net gains and losses for the period were a loss of ¥212 million, compared with net profit of ¥162 million in the previous period.」
The revenue structure centered on trading gains and losses continued, but commissions received, trading gains and losses, and operating revenue contracted sharply from the previous period, and both ordinary gains and losses and net gains and losses for the period turned from profit to loss. - FY2022-Q3WorsenedAnnual report
「During the period, new account openings increased as a result of handling offerings of newly listed shares and CME crude oil and other index futures listed on the Osaka Exchange, but total commissions received remained sluggish at ¥119 million (68.7% year on year).」
Trading gains and losses declined from ¥616 million in the same period of the previous year to ¥127 million, while commissions received decreased from ¥174 million to ¥119 million. Operating revenue was ¥366 million, and ordinary gains and losses were a loss of ¥73 million, indicating deterioration in performance under the trading-centered revenue structure. - FY2022-Q2WorsenedAnnual report
「In the consulting division, the company continued to provide financial products tailored to each customer's asset formation needs and propose asset management strategies combining derivatives under the Policy on Customer-Oriented Business Conduct. Although demand increased for derivatives listed on the Osaka Exchange and other products, total commissions received remained sluggish at ¥84 million (68.7% year on year). In the proprietary trading division, the company conducted proprietary trading mainly in listed equities and derivatives under thorough risk management. During the period, arbitrage opportunities in dealing were fewer than in the previous year amid low equity-market volatility, and valuation gains on securities held also declined. Trading gains and losses therefore amounted to ¥141 million (22.3%).」
Trading gains and losses declined from ¥633 million in the same period of the previous year to ¥141 million, while commissions received decreased from ¥122 million to ¥84 million. Operating revenue fell from ¥851 million to ¥302 million, and ordinary profit declined from ¥384 million to ¥59 million, but the company remained profitable. - FY2022-Q1Revenue contracted sharply year on year, resulting in a return to the redAnnual report
「In the consulting division, the company continued to provide financial products tailored to each customer's asset formation needs and to propose asset management strategies combining derivatives under the Policy on Customer-Oriented Business Conduct. Although demand for derivatives trading such as bond futures increased during the period, total commissions received remained sluggish at ¥45 million (65.9% year on year). In the proprietary trading division, the company traded equities and derivatives under thorough risk management. Ordinary dealing was weak during the period, partly due to the softer equity market than in the previous year, and valuation losses were recorded on securities held. As a result, trading gains and losses were ¥8 million (2.1%).」
Trading gains and losses declined from ¥407 million in the same period of the previous year to ¥8 million, while commissions received decreased from ¥68 million to ¥45 million. Operating revenue was ¥98 million, and ordinary gains and losses were a loss of ¥92 million, turning from a profit in the same period of the previous year to a loss. - FY2021AdvancedAnnual report
「Commissions received were ¥225 million (149.4% year on year), and trading gains and losses in the proprietary trading division were ¥683 million (258.2%). As a result, operating revenue was ¥1,111 million (174.1%), ordinary profit was ¥176 million, compared with an ordinary loss of ¥168 million in the previous period, and net profit for the period was ¥162 million, compared with a net loss of ¥169 million in the previous period.」
Under the revenue structure centered on trading gains and losses, commissions received and trading gains and losses increased from the previous year, operating revenue was ¥1,111 million, and both ordinary gains and losses and net gains and losses for the period turned from loss to profit. - FY2021-Q3AdvancedAnnual report
「In the consulting division, under the Policy on Customer-Oriented Business Conduct and taking into account the COVID-19 environment, the company provided customer seminars and investment advice online as well as in other formats, and began handling gold futures transferred to the Osaka Exchange in July. During the period, customer investment sentiment recovered, demand for derivatives trading became apparent among individual investors, and new account openings increased. As a result, commissions received increased year on year to ¥174 million (154.1% year on year). In the proprietary trading division, the company conducted trades under thorough risk management, and ordinary dealing gains and losses were strong. It also recorded valuation gains on securities held as the equity market rose, and trading gains and losses recovered to a profit of ¥616 million (382.0%).」
Trading gains and losses increased from ¥161 million in the same period of the previous year to ¥616 million, while commissions received rose from ¥112 million to ¥174 million. Operating revenue increased from ¥467 million to ¥937 million, and ordinary gains and losses improved from a loss of ¥82 million to a profit of ¥249 million. The earnings level recovered significantly under the revenue structure centered on trading. - FY2021-Q2AdvancedAnnual report
「In the consulting division, under the Policy on Customer-Oriented Business Conduct and taking into account the COVID-19 environment, the company provided customer seminars and investment advice online as well as in other formats, and began handling gold futures transferred to the Osaka Exchange in July. During the period, customer investment sentiment recovered, demand for derivatives trading became apparent among individual investors, and new account openings increased. As a result, commissions received increased year on year to ¥122 million (176.6% year on year). In the proprietary trading division, the company conducted trades under thorough risk management, and ordinary dealing gains and losses were strong. It also recorded valuation gains on securities held, and trading gains and losses recovered to a profit of ¥633 million, compared with a loss of ¥49 million in the same period of the previous year.」
Trading gains and losses turned from a loss of ¥49 million in the same period of the previous year to a profit of ¥633 million, while commissions received increased from ¥69 million to ¥122 million. Operating revenue was ¥851 million and ordinary profit was ¥384 million, representing a recovery from a loss to a profit in the same period of the previous year. - FY2021-Q1AdvancedAnnual report
「In the proprietary trading division, the company conducted trades under thorough risk management, and ordinary dealing gains and losses were strong. It also recorded valuation gains on securities held, and trading gains and losses recovered to a profit of ¥407 million for the period, compared with a loss of ¥101 million in the same period of the previous year.」
Under the revenue structure centered on trading, trading gains and losses turned from a loss of ¥101 million in the same period of the previous year to a profit of ¥407 million. Commissions received also increased from ¥36 million to ¥68 million, operating revenue improved from a loss equivalent to ¥7 million in the same period of the previous year to a profit of ¥526 million, and ordinary gains and losses improved from a loss of ¥209 million to a profit of ¥294 million. - FY2020Under the continuing revenue structure, trading gains and losses and commissions received narrowed, while the ordinary loss decreasedAnnual report
「Commissions received were ¥151 million (93.7% year on year), trading gains and losses in the proprietary trading division were ¥264 million (82.6%), financial income was ¥135 million (179.5%), and selling, general and administrative expenses were ¥947 million (94.6%). As a result, operating revenue was ¥638 million (99.8%), ordinary loss was ¥168 million, compared with an ordinary loss of ¥205 million in the previous period, and net loss for the period was ¥169 million, compared with a net loss of ¥149 million in the previous period.」
While trading gains and losses, commissions received, and operating revenue declined from the previous period, financial income and expenses improved, and the ordinary loss narrowed from ¥205 million to ¥168 million. Net loss for the period widened from ¥149 million to ¥169 million. - FY2020-Q3AdvancedAnnual report
「Against this market environment, in customer-facing operations, the company steadily continued its proposal-based sales activities tailored to individual customer needs, including introducing trading methods using exchange-listed derivatives such as individual stock options through various seminars, including seminars co-hosted with JPX, and proposing asset formation through tsumitate NISA and other programs. However, customer investment sentiment remained risk-averse, and as a result, commissions received for the period amounted to ¥112 million (88.1% year on year). Meanwhile, in the proprietary trading division, the company engaged in dealing operations while improving its trading framework by expanding its trading methods under thorough risk management. Trading gains and losses for the period amounted to a profit of ¥161 million (114.2%). Financial income was ¥128 million (184.4%), reflecting an increase in margin trading income from the previous period, and selling, general and administrative expenses were ¥690 million (89.0%). As a result, operating revenue for the quarter was ¥467 million (116.6%), ordinary gains and losses were a loss of ¥82 million, compared with a loss of ¥218 million in the same period of the previous year, and quarterly net gains and losses were a loss of ¥82 million, compared with a loss of ¥220 million.」
Trading gains and losses increased from ¥141 million in the same period of the previous year to ¥161 million, financial income rose from ¥69 million to ¥128 million, and operating revenue increased from ¥401 million to ¥467 million. Although commissions received declined from ¥128 million to ¥112 million, the ordinary loss narrowed from ¥218 million to ¥82 million, indicating an improvement in revenue and earnings levels year on year under the revenue structure centered on trading. - FY2020-Q2WorsenedAnnual report
「In customer-facing operations, the company introduced trading methods using exchange-listed derivatives such as individual stock options through various seminars, including seminars co-hosted with JPX, while continuing its proposal-based sales activities tailored to individual customer needs, such as proposals for asset formation through tsumitate NISA and other programs. As a result, commissions received for the period amounted to ¥69 million (81.4% year on year). In the proprietary trading division, the company worked to improve its trading framework by expanding its trading methods under thorough risk management. Although dealing earnings were strong compared with the previous year, trading gains and losses amounted to a loss of ¥49 million, compared with a profit of ¥164 million in the same period of the previous year, due to valuation losses on securities held resulting from falling share prices.」
Commissions received declined from ¥85 million in the same period of the previous year to ¥69 million, while trading gains and losses reversed from a profit of ¥164 million to a loss of ¥49 million. Operating revenue also declined from ¥336 million to ¥146 million, and the ordinary loss widened from ¥56 million to ¥275 million. - FY2020-Q1WorsenedAnnual report
「In customer-facing operations, the company introduced trading methods using exchange-listed derivatives such as individual stock options through various seminars, including seminars co-hosted with JPX, while continuing its proposal-based sales activities tailored to individual customer needs, such as proposals for asset formation through tsumitate NISA and other programs. As a result, commissions received for the period amounted to ¥36 million (78.0% year on year). In the proprietary trading division, earnings from dealing remained at the previous year's level as the company pursued thorough risk management, but trading gains and losses amounted to a loss of ¥101 million, compared with a profit of ¥146 million in the same period of the previous year, due to valuation losses on securities held resulting from falling share prices.」
Commissions received declined from ¥46 million in the same period of the previous year to ¥36 million, while trading gains and losses reversed from a profit of ¥146 million to a loss of ¥101 million. Operating revenue also declined from the equivalent of a ¥250 million profit to a loss of ¥7 million, and the deterioration in the revenue structure continued. - FY2019WorsenedAnnual report
「Commissions received were ¥161 million (61.9% year on year), and trading gains and losses in the proprietary trading division were ¥320 million (43.1%). As a result, operating revenue was ¥639 million (51.4%), ordinary loss was ¥205 million, compared with ordinary profit of ¥357 million in the previous period, and net loss for the period was ¥149 million, compared with net profit of ¥258 million in the previous period.」
Trading gains and losses, commissions received, and operating revenue declined sharply from the previous period, and ordinary gains and losses and net gains and losses for the period both turned from profit to loss. The revenue structure centered on trading continued, but the earnings level deteriorated. - FY2019-Q3WorsenedAnnual report
「As a result, operating revenue for the cumulative third quarter was ¥401 million (37.4%), ordinary gains and losses were a loss of ¥218 million, compared with a profit of ¥362 million in the same period of the previous year, and quarterly net gains and losses were a loss of ¥220 million, compared with a profit of ¥272 million.」
Trading gains and losses declined from ¥662 million in the same period of the previous year to ¥141 million, while commissions received decreased from ¥194 million to ¥128 million. Operating revenue was ¥401 million, and ordinary gains and losses and quarterly net gains and losses were losses. - FY2019-Q2Trading gains and losses and commissions received fell sharply year on year, resulting in an operating lossAnnual report
「Against these market conditions, in customer-facing operations, the company continued its proposal-based sales activities tailored to individual customer needs, including introducing trading methods using exchange-listed derivatives such as individual stock options and proposing asset formation through tsumitate NISA and other programs. As a result, commissions received amounted to ¥85 million (70.7% year on year). Meanwhile, in the proprietary trading division, trading gains and losses declined, affected in part by a decrease in valuation gains on securities held compared with the same period of the previous year, and amounted to a profit of ¥164 million (25.6%).」
Commissions received declined from ¥120 million in the same period of the previous year to ¥85 million, and trading gains and losses decreased from ¥642 million to ¥164 million. Operating revenue was ¥336 million, and ordinary gains and losses were a loss of ¥56 million. - FY2019-Q1Trading gains and losses narrowed year on yearAnnual report
「In customer-facing operations, the company continued its proposal-based sales activities tailored to individual customer needs, including introducing trading methods using exchange-listed derivatives such as individual stock options and proposing asset formation through tsumitate NISA and other programs. As a result, commissions received amounted to ¥46 million (90.9% year on year). Meanwhile, in the proprietary trading division, trading gains and losses amounted to ¥146 million (25.2%), affected in part by a decline in valuation gains on securities held compared with the same period of the previous year.」
The revenue structure centered on trading gains and losses, commissions received, and financial income continued, but trading gains and losses declined from ¥580 million in the same period of the previous year to ¥146 million, while commissions received decreased from ¥51 million to ¥46 million. - FY2018AdvancedAnnual report
「In the fiscal year, both the sales division and the proprietary trading division outperformed the previous period against a backdrop of buoyant domestic equity markets. Commissions received were ¥260 million (124.0% year on year), and trading gains and losses in the proprietary trading division were ¥744 million (319.6%).」
The revenue structure centered on trading continued, with commissions received of ¥260 million and trading gains and losses of ¥744 million. These increased 124.0% and 319.6%, respectively, from the previous period, and operating revenue also rose to ¥1,245 million. - FY2018-Q3AdvancedAnnual report
「In customer-facing operations, the company steadily continued and expanded its consulting-based sales activities tailored to individual customer needs, including introducing trading methods using derivatives such as individual stock options, recommending carefully selected investment trusts and other products, and handling privately placed foreign investment trusts for high-net-worth customers. As a result, commissions received amounted to ¥194 million (125.5% year on year).」
Trading gains and losses were ¥662 million (246.1% year on year), commissions received were ¥194 million (125.5%), and financial income was ¥137 million. Revenue increased from the same period of the previous year under a revenue structure centered on trading gains and losses. - FY2018-Q2AdvancedAnnual report
「In the proprietary trading division, in addition to the effectiveness of trading methods such as arbitrage conducted under thorough risk management, the company recorded valuation gains as share prices of securities held rose. Trading gains and losses therefore amounted to a profit of ¥642 million, compared with a loss of ¥31 million in the same period of the previous year.」
Trading gains and losses turned from a loss of ¥31 million in the same period of the previous year to a profit of ¥642 million, marking another period of profit following the cumulative period of the previous quarter. Valuation gains and the effectiveness of trading methods such as arbitrage were identified as factors behind the improvement in earnings. - FY2018-Q1Trading gains and losses reversed from loss to profitAnnual report
「Against these market conditions, trading methods such as arbitrage, conducted under thorough risk management, proved effective in the proprietary trading division, and trading gains and losses amounted to a profit of ¥580 million, compared with a loss of ¥483 million in the same period of the previous year.」
Trading gains and losses reversed from a loss of ¥483 million in the same period of the previous year to a profit of ¥580 million. While the revenue structure centered on trading gains and losses continued, the results indicated volatility attributable to market conditions and trading performance. - FY2017RestatedAnnual report
「Our main sources of revenue are trading gains and losses, commissions received, and financial income. Operating revenue for the period was ¥757 million (77.6% year on year). Trading gains and losses were ¥232 million (41.6%), commissions received were ¥210 million (91.2%), and financial income was ¥244 million (260.5%).」
The revenue mix, with trading gains and losses, commissions received, and financial income as its main sources, continued. Trading gains and losses were a profit of ¥232 million, down from ¥560 million in the previous period. - FY2017-Q3Cumulative trading gains and losses reversed from loss to profitAnnual report
「In the proprietary trading division, gains from ordinary trading activities amounted to ¥332 million (68.6% of the corresponding figure for the previous period). Meanwhile, securities held have been recovering from the decline in share prices triggered by Brexit, the UK's withdrawal from the EU, but the company recorded valuation losses of ¥63 million as of the end of the third quarter, compared with valuation gains of ¥170 million in the same period of the previous year. As a result, trading gains and losses amounted to ¥269 million (41.0% of the same period of the previous year).」
Trading gains and losses, which had been a cumulative loss of ¥31 million in the second quarter, turned to a cumulative profit of ¥269 million in the third quarter. However, valuation losses of ¥63 million on securities held remained, and volatility in the revenue structure continued. - FY2017-Q2Trading losses narrowed but remained lossesAnnual report
「Although gains from ordinary trading activities remained strong, they were not sufficient to cover valuation losses on securities held, and trading gains and losses amounted to a loss of ¥31 million, compared with a profit of ¥345 million in the same period of the previous year.」
Trading gains and losses for the cumulative second quarter amounted to a loss of ¥31 million. While the position remained a loss compared with a profit of ¥345 million in the same period of the previous year, the cumulative loss narrowed from the first quarter. - FY2017-Q1Trading gains and losses reversed from profit to lossAnnual report
「Against this backdrop of weak market conditions, gains from ordinary trading activities in the proprietary trading division remained strong. However, global equity markets plunged sharply toward the end of the quarter amid Brexit concerns, and valuation losses on securities held expanded significantly as a result. Trading gains and losses therefore amounted to a loss of ¥483 million, compared with a profit of ¥443 million in the same period of the previous year.」
The revenue structure centered on trading continued, but trading gains and losses reversed from a profit of ¥443 million in the same period of the previous year to a loss of ¥483 million in the current quarter. Commissions received were ¥49 million and financial income was ¥44 million. - FY2016First statedAnnual report
「Our main sources of revenue are trading gains and losses, commissions received, and financial income.」
Trading gains and losses were ¥560 million, commissions received were ¥230 million, and financial income was ¥93 million, indicating a revenue mix exposed to market conditions.