Establishing a New Revenue Base through Overseas Market Expansion
First written in FY2016. 5 of 11 entries say "Advanced", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2020: 13 of 73 companies on the "Worse" side.
51 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Overseas market transactions 449,808 273.5」
Fees received from overseas market transactions were ¥449 million, or 273.5% of the year-earlier period, indicating annual growth in transaction revenue related to overseas markets. - FY2026-H1AdvancedAnnual report
「Overseas market transactions 142,401 302.5」
Commission income from overseas market transactions was ¥142 million, or 302.5% of the previous year's level, indicating an increase in trading revenue related to overseas markets on an interim-period basis. - FY2025Increase in overseas trading revenueAnnual report
「Commodity-related transactions Overseas market transactions 164,448 277.6」
Commission income from overseas market transactions was ¥164 million, or 277.6% of the previous year's level. Although an overseas subsidiary was sold in the past, the disclosure indicates an increase in trading revenue related to overseas markets. - FY2021-Q3Completion of overseas subsidiary saleAnnual report
「At a meeting of the board of directors held on 15 October 2020, the company transferred all shares it held in its consolidated subsidiary, Okafuji Nissan Securities Planning Co., Ltd.」
The transfer of all shares in the company made a consolidated subsidiary to develop customers in overseas commodity futures markets was completed, and the company was removed from the scope of consolidation. The disclosure describes this as the end of a specific initiative, not a withdrawal from overseas expansion as a whole. - FY2021-Q2SoftenedAnnual report
「In November 2018, the company was registered as a commodity futures intermediary business under the Commodity Futures Act and conducted business in overseas commodity futures markets. However, given the intense competition from other companies and its judgment that further earnings growth could not be expected, it discontinued its registration as a commodity futures intermediary at the end of May 2020 and currently focuses its business on financial instruments intermediary services. In light of these circumstances, after careful consideration from the perspective of selecting and concentrating the businesses of our group, the company decided to transfer the subsidiary.」
For Okafuji Nissan Securities Planning Co., Ltd., which was made a consolidated subsidiary to develop customers in overseas commodity futures markets, the registration as a commodity futures intermediary was discontinued, and a decision was made to transfer all shares on 15 October 2020. The specific overseas expansion initiative moved toward withdrawal and downsizing, but because the disclosure does not state that the overseas business as a whole was withdrawn, it was classified as SOFTENED. - FY2019RestatedAnnual report
「Our group is expanding into overseas markets and developing its business there to establish a new earnings base.」
The company has reaffirmed its policy of using expansion into overseas markets as a means of establishing a new earnings base. - FY2019-Q3RestatedAnnual report
「In the corporate business cooperation, we are primarily pursuing the acquisition of accounts from overseas customers, supported by Nissan Securities' creditworthiness, and expect this to make a full contribution to earnings from the next fiscal year onward.」
The company has reaffirmed its policy of continuing to acquire accounts from overseas customers through cooperation with Nissan Securities and expects this to contribute to earnings from the next fiscal year onward. - FY2019-Q2AdvancedAnnual report
「Date of business combination 31 July 2018 (deemed acquisition date: 30 September 2018) Percentage of voting rights acquired 89.80%」
The acquisition of shares in Nissan Securities Planning Co., Ltd., intended to develop customers in overseas commodity futures markets, was completed, and the company became a consolidated subsidiary on 31 July 2018. The percentage of voting rights acquired was 89.80%. - FY2019-Q1AdvancedAnnual report
「Based on the capital and business alliance agreement entered into with Nissan Securities on 21 May 2018, the initiative was intended to develop customers in overseas commodity futures markets, primarily in China and Southeast Asia.」
Based on the capital and business alliance, Nissan Securities Planning Co., Ltd. was made a consolidated subsidiary on 31 July 2018 to develop overseas customers. The voting rights acquired amounted to 89.80%, and the overseas expansion initiative advanced to the implementation stage. - FY2018AdvancedAnnual report
「① Developing customers in overseas commodity futures markets, primarily in China and Southeast Asia」
As a specific area of cooperation under the capital and business alliance with Nissan Securities, the development of overseas customers, primarily in China and Southeast Asia, was identified, giving greater specificity to the overseas expansion initiative. - FY2016First statedAnnual report
「Our group is expanding into overseas markets and developing its business there to establish a new earnings base.」
Expansion into overseas markets and business development there are being pursued as a means of establishing a new earnings base.