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Kyokuto Securities (8706) · InitiativeDecline in the number of IPO underwriting mandates and participation rate

Strengthening the Investment Banking Business

First written in FY2016. 9 of 19 entries say "Restated". Latest entry: FY2026.

19entries
11years
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ProgressHeldSoftenedWorseRestatedFY2016 – FY2022-Q3OtherFY2023-Q1 – FY2025-H12016: 120162017: 120172018: 120182019: 020192020: 020202021: 320212022: 420222023: 420232024: 220242025: 220252026: 12026
Same theme, other companies
Expansion of investment banking and revenue growth from event-driven financial advisory engagementsA theme 3 companies write about · 0 as a headwind · 4 as a tailwind

0 other companies' latest entry also says "Other".

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Full recordFilings, disclosures and news, newest first
  1. FY2026Decline in the number of IPO underwriting mandates and participation rateAnnual report

    「• Number of IPO underwriting mandates: 14 • IPO participation rate: 25.5% (Total IPOs: 55. Excluding the Tokyo Pro Market and REITs)」

    For fiscal 2025, the company disclosed 14 IPO underwriting mandates and a 25.5% participation rate, down from 30 mandates and 36.1% in the previous fiscal year.
  2. FY2026-H1Year-on-year decline in underwriting fees versus the previous interim periodAnnual report

    「Fees for underwriting, secondary offerings, solicitations of offers to sell to specified investors and related services amounted to ¥5 million, down 15.7% year on year.」

    The company recorded ¥5 million in fees for underwriting and related services, and investment banking activities continue, but fees declined from the previous interim period.
  3. FY2025AdvancedAnnual report

    「• Number of IPO underwriting mandates: 30 • IPO participation rate: 36.1% (Total IPOs: 83. Excluding the Tokyo Pro Market and REITs)」

    For its underwriting business, the company disclosed annual results of 30 IPO underwriting mandates and a 36.1% IPO participation rate, providing specific participation results rather than focusing mainly on fee results as in prior years.
  4. FY2025-H1Year-on-year decline in underwriting feesAnnual report

    「Fees for underwriting, secondary offerings, solicitations of offers to sell to specified investors and related services amounted to ¥6 million, or 86.4% of the previous year.」

    Underwriting and related activities in investment banking continue, but fees declined to 86.4% of the previous interim period. No new milestone in strengthening the business is presented.
  5. FY2024-Q3RestatedAnnual report

    「Fees for underwriting, secondary offerings, solicitations of offers to sell to specified investors and related services amounted to ¥12 million, or 104.9% of the previous year.」

    The company recorded ¥12 million in fees for underwriting and related services, continuing its investment banking activities. No new milestone in strengthening the business is presented.
  6. FY2024-Q2Increase in underwriting feesAnnual report

    「Fees for underwriting, secondary offerings, solicitations of offers to sell to specified investors and related services amounted to ¥7 million, or 131.2% of the previous year.」

    Fees for underwriting and related services in investment banking amounted to ¥7 million, an increase year on year.
  7. FY2024-Q1Year-on-year decline in underwriting feesAnnual report

    「Fees for underwriting, secondary offerings, solicitations of offers to sell to specified investors and related services amounted to ¥3 million, or 85.8% of the previous year.」

    Underwriting and related activities in investment banking continue, but fees declined year on year. No new milestone in strengthening the business is presented.
  8. FY2023Decline in the number of IPO underwriting mandates and feesAnnual report

    「Fees for underwriting, secondary offerings, solicitations of offers to sell to specified investors and related services, consisting mainly of underwriting fees, amounted to ¥16 million, or 52.0% of the previous year, a decrease of ¥15 million, due to declines in both the number of IPOs in which we participated and the number of large-scale deals.」

    IPO underwriting activities continue, but underwriting-related fees declined to ¥16 million year on year due to decreases in the number of mandates and large-scale deals.
  9. FY2023-Q3Year-on-year decline in underwriting feesAnnual report

    「Fees for underwriting, secondary offerings, solicitations of offers to sell to specified investors and related services amounted to ¥12 million, or 42.1% of the previous year.」

    The company recorded ¥12 million in fees for underwriting and related services, and investment banking activities continue, but fees declined year on year.
  10. FY2023-Q2RestatedAnnual report

    「Fees for underwriting, secondary offerings, solicitations of offers to sell to specified investors and related services amounted to ¥6 million, or 50.9% of the previous year.」

    The company recorded fees for underwriting and related services, and investment banking activities continue, but fees declined year on year.
  11. FY2023-Q1RestatedAnnual report

    「Fees for underwriting, secondary offerings, solicitations of offers to sell to specified investors and related services amounted to ¥4 million, or 73.0% of the previous year.」

    The company continues its investment banking activities involving underwriting and related services, but no new milestone in strengthening the business is presented.
  12. FY2022AdvancedAnnual report

    「As the number of IPOs in which we participated remained stable, fees amounted to ¥32 million, or 175.5% of the previous year, an increase of ¥13 million.」

    The company continues to participate in IPOs and disclosed that fees for underwriting and related services increased from ¥18 million in the previous period to ¥32 million.
  13. FY2022-Q3RestatedAnnual report

    「Fees for underwriting, secondary offerings, solicitations of offers to sell to specified investors and related services amounted to ¥29 million, or 231.0% of the previous year.」

    The company recorded ¥29 million in fees for underwriting and related services, indicating continued investment banking activity. No new completed initiatives concerning the strengthening of the business are described.
  14. FY2022-Q2RestatedAnnual report

    「Fees for underwriting, secondary offerings, solicitations of offers to sell to specified investors and related services amounted to ¥11 million, or 189.5% of the previous year.」

    The company recorded ¥11 million in fees for underwriting and related services, indicating continued investment banking activity. No new completed initiatives or explicit strengthening of the business are reported.
  15. FY2022-Q1RestatedAnnual report

    「Fees for underwriting, secondary offerings, solicitations of offers to sell to specified investors and related services amounted to ¥5 million, or 811.0% of the previous year.」

    The company recorded ¥5 million in fees for underwriting and related services during the first quarter, indicating continued investment banking activity. No new completed initiatives concerning the strengthening of the business are described.
  16. FY2021RestatedAnnual report

    「Although the number of IPOs in which we participated remained stable, the decline in large-scale deals resulted in fees of ¥18 million, or 80.2% of the previous year, a decrease of ¥4 million.」

    The company continues to participate in IPOs, but states that underwriting-related fees declined due to the decrease in large-scale deals. No new completed initiatives concerning the strengthening of the business are presented.
  17. FY2018RestatedAnnual report

    「株式会社FEインベスト operates an investment business primarily to increase the flexibility of 極東証券株式会社’s investment activities and further strengthen that business.」

    The company continues to describe the group company’s role in increasing the flexibility of and further strengthening its investment business.
  18. FY2017RestatedAnnual report

    「Executive Managing Officer, responsible for the Investment Banking Division」

    The executive structure responsible for the Investment Banking Division is described. No new progress figures or completed initiatives concerning the strengthening of investment banking operations are presented.
  19. FY2016First statedAnnual report

    「In addition to various businesses centered on the securities market, our group is working to ensure earnings stability through diversification of its sources of earnings, including by strengthening its investment banking operations.」

    The company has positioned the strengthening of its investment banking operations as a means of complementing its reliance on securities market-related businesses and diversifying its sources of earnings.
Moved together

"Enhancement of Risk Management and Corporate Governance" moved the same way as this thread, in the same document, in 2 of its 19 moves.

2222★1234
  1. ★This thread
  2. 1Enhancement of Risk Management and Corporate Governance2×
  3. 2Corporate Social Responsibility and Contributions to Education, Local Communities and the Environment2×
  4. 3Multidimensional Measurement of Customer Satisfaction and Loyalty2×
  5. 4Introduction of a Compensation Committee and Performance-Linked Compensation2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Kyokuto Securities's next results are scheduled for 2026-10-29. Read the earnings preview
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Strengthening the Investment Banking Business | KYOKUTO SECURITIES CO.,LTD. (8706) | Komori