Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPThe 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.
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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The securities business benefited from higher stock brokerage commissions amid favorable market conditions and increased trust fees as assets under custody for stock-based products expanded. The investment business was affected by lower revenue from investee funds, valuation losses on funds investing in unlisted assets, and impairment losses on securities for operating investment purposes. The asset management business incurred higher expenses associated with the withdrawal from the hedge fund business. On a consolidated basis, transaction-related expenses and personnel expenses increased, while trading income and losses and other operating revenue declined.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥20,973 million (YoY +1.9%) |
| Operating profit | ¥26 million (YoY -98.6%) |
| Ordinary income | ¥666 million (YoY -74.1%) |
| Profit attributable to owners of the parent | ¥2,752 million (YoY -13.2%) |
| Net income per share | ¥88.44 |
| Operating Margin | 0.1% |
| Equity ratio | End of the current fiscal period 38.2% / End of previous period 40.7% |
| Total assets | ¥124,324 million |
| Net assets | ¥50,486 million |
| Cash flows from operating activities | ¥4,503 million |
| Cash flows from investing activities | ¥3,470 million |
| Cash flows from financing activities | ¥1,156 million |
| Cash and cash equivalents at end of period | ¥22,375 million |
| Annual Dividend Forecast | ¥96 → ¥117 |
| Payout ratio | 132.3% |
| Shareholder Return Policy | From the fiscal year ended March 2025 through the fiscal year ending March 2028, the company plans to return at least ¥20 billion to shareholders through dividends and share buybacks. It targets a consolidated total payout ratio of at least 50% and a dividend on equity (DOE) above approximately 2%, and plans to pay special dividends of ¥70 per share annually. |
| Segment revenue | Securities Business ¥20,127 million (YoY +12.6%), Asset management business ¥194 million (YoY -54.0%), Investment Business ¥832 million (YoY -65.4%) |
| Segment profit | Securities Business ¥1,054 million (YoY +313.2%), Asset management business ¥-364 million, Investment Business ¥-722 million |
| Depreciation and amortization | ¥401 million |
| Impairment loss | ¥68 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥3,865 million / Extraordinary loss Loss on disposal of fixed assets ¥10 million, Loss on redemption of investment securities ¥270 million, Impairment Losses ¥68 million, Provision for the Financial Instruments Transaction Liability Reserve ¥27 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies (no company names provided) / Excluded 0 companies (no company names provided) |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 39,525,649 shares |
| Treasury Shares at Period-End | 8,352,523 shares |
| Factors Behind Changes in Business Performance | The securities business benefited from higher stock brokerage commissions amid favorable market conditions and increased trust fees as assets under custody for stock-based products expanded. The investment business was affected by lower revenue from investee funds, valuation losses on funds investing in unlisted assets, and impairment losses on securities for operating investment purposes. The asset management business incurred higher expenses associated with the withdrawal from the hedge fund business. On a consolidated basis, transaction-related expenses and personnel expenses increased, while trading income and losses and other operating revenue declined. |
Items this document does not state (4)
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.In the securities business, stock brokerage commissions increased amid favorable market conditions, while trust fees rose as assets under custody for stock-based products expanded. In the investment business, revenue from investee funds, which had been recorded in the previous fiscal year, declined, and valuation losses on funds and impairment losses on securities for operating investment purposes were recorded. In the asset management business, expenses associated with the withdrawal from the hedge fund business increased. On a consolidated basis, selling, general and administrative expenses, including transaction-related expenses and personnel expenses, also increased.