Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
5.9
% (year-on-year decrease in operating revenue)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRSNet Sales38,013¥ millionYear on year -5.9%
Ordinary income-2,238¥ million
Net income attributable to owners of the parent-1,569¥ million
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit.
Net income per share−¥6.24
Financial position at period-end
Total assets768,806¥ million
of which net assets 131,446 ¥ millionEquity ratio 16.1%vs. prior year-end -0.8pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash and cash equivalents at end of period¥57,830 million
Segment revenueSecurities Business ¥27,096 million (YoY +2.3%), Digital Assets Business ¥6,156 million (YoY -29.6%), Asset Management and Wealth Management business ¥3,082 million (YoY +1.3%), Investment Business ¥-44 million
Segment profitSecurities Business ¥5,681 million (YoY -15.6%), Digital Assets Business ¥-5,812 million, Asset Management and Wealth Management business ¥-1,796 million, Investment Business ¥-141 million
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
ReasonNo future earnings forecasts have been disclosed because the impact of economic and market conditions is significant and earnings are difficult to forecast.
Annual Dividend Forecast¥30.7 → ¥30.8
Shareholder Return PolicyThe annual dividend per share will be at least ¥30. If 50% of profit attributable to owners of the parent per share exceeds ¥30, the dividend per share will be set at 50% of earnings per share. Treasury share purchases will be made flexibly depending on market conditions.
Factors Behind Changes in Business Performance
The decline in crypto-asset trading value on the exchange, the decrease in 3iQ's assets under management, impairment losses related to Aplo SAS, and a valuation loss on contingent consideration related to Westfield reduced profit. In contrast, in the securities business, higher revenue was driven by an increase in the number of trading agreements for complex options and other products and an increase in the per-unit PFOF price, while in the asset management and wealth management businesses, higher revenue was driven by increased management fees resulting from growth in assets under management.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Availableそれ以外の変更 None見積りの変更 None修正再表示 Not disclosed
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not applicable
Material subsequent eventsNot applicable.
Impairment loss¥2,962 million
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Items equivalent to extraordinary losses Impairment losses on goodwill and identifiable intangible assets related to Aplo SAS ¥2,962 million, Valuation loss on contingent consideration related to Westfield ¥3,213 million / Notes Under IFRS, recorded in other income and expenses, net, rather than under extraordinary income and expenses
Depreciation and amortization¥3,535 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person For individual investors and for institutional investors and analysts
Issued Shares at Period-End251,647,100 shares
Treasury Shares at Period-End287,018 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥38,013 million (YoY -5.9%) |
| Ordinary income | ¥-2,238 million |
| Profit attributable to owners of the parent | ¥-1,569 million |
| Net income per share | −¥6.24 |
| Equity ratio | End of the current fiscal period 16.1% / End of previous period 16.9% |
| Total assets | ¥768,806 million |
| Net assets | ¥131,446 million |
| Cash and cash equivalents at end of period | ¥57,830 million |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Reason No future earnings forecasts have been disclosed because the impact of economic and market conditions is significant and earnings are difficult to forecast. |
| Annual Dividend Forecast | ¥30.7 → ¥30.8 |
| Shareholder Return Policy | The annual dividend per share will be at least ¥30. If 50% of profit attributable to owners of the parent per share exceeds ¥30, the dividend per share will be set at 50% of earnings per share. Treasury share purchases will be made flexibly depending on market conditions. |
| Segment revenue | Securities Business ¥27,096 million (YoY +2.3%), Digital Assets Business ¥6,156 million (YoY -29.6%), Asset Management and Wealth Management business ¥3,082 million (YoY +1.3%), Investment Business ¥-44 million |
| Segment profit | Securities Business ¥5,681 million (YoY -15.6%), Digital Assets Business ¥-5,812 million, Asset Management and Wealth Management business ¥-1,796 million, Investment Business ¥-141 million |
| Depreciation and amortization | ¥3,535 million |
| Impairment loss | ¥2,962 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Items equivalent to extraordinary losses Impairment losses on goodwill and identifiable intangible assets related to Aplo SAS ¥2,962 million, Valuation loss on contingent consideration related to Westfield ¥3,213 million / Notes Under IFRS, recorded in other income and expenses, net, rather than under extraordinary income and expenses |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards Available / Other changes None / Change in accounting estimate None / Restatement Not disclosed |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not applicable |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Whether applicable Available / Subject person For individual investors and for institutional investors and analysts |
| Issued Shares at Period-End | 251,647,100 shares |
| Treasury Shares at Period-End | 287,018 shares |
| Factors Behind Changes in Business Performance | The decline in crypto-asset trading value on the exchange, the decrease in 3iQ's assets under management, impairment losses related to Aplo SAS, and a valuation loss on contingent consideration related to Westfield reduced profit. In contrast, in the securities business, higher revenue was driven by an increase in the number of trading agreements for complex options and other products and an increase in the per-unit PFOF price, while in the asset management and wealth management businesses, higher revenue was driven by increased management fees resulting from growth in assets under management. |
Items this document does not state (9)
Operating profitOperating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesRevision to Earnings ForecastPayout ratioRegional salesOrders received and order backlog
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The decline was attributable to lower crypto-asset trading value on the exchange, a decrease in 3iQ's assets under management, reduced trading by large customers following the revision of ETF fees, impairment losses on goodwill and identifiable intangible assets related to Aplo SAS, and a valuation loss on contingent consideration related to Westfield.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.