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 yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Assets under management increased 19.8% from the end of the previous fiscal year, while balance-based fees increased 3.8% and performance fees increased 57.4%. Operating expenses and general and administrative expenses increased 3.0% due to higher personnel expenses and higher depreciation associated with the expansion of the head office premises, among other factors. Net income attributable to owners of the parent also increased, mainly because the company recorded gains on the sale of investment securities.
No applicable matters.
| 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 | 19,578 million yen (YoY +9.0%) |
| Operating profit | 9,025 million yen (YoY +17.0%) |
| Ordinary income | 8,909 million yen (YoY +14.5%) |
| Profit attributable to owners of the parent | 6,384 million yen (YoY +21.6%) |
| Net income per share | ¥161.41 |
| Operating Margin | 46.1% |
| Equity ratio | End of the current fiscal period 68.1% / End of previous period 67.1% |
| Total assets | 57,600 million yen |
| Net assets | 39,204 million yen |
| Cash flows from operating activities | 5,901 million yen |
| Cash flows from investing activities | -3,880 million yen |
| Cash flows from financing activities | -4,018 million yen |
| Cash and cash equivalents at end of period | 19,527 million yen |
| Annual Dividend Forecast | 90 yen → 94 yen（4.4%） |
| Payout ratio | 55.8% |
| Regional sales | Japan 15,609 million yen / Cayman Islands 171 million yen / Ireland 1,541 million yen / South Korea 248 million yen / Other 2,007 million yen / Total 19,578 million yen |
| Depreciation and amortization | 331 million yen |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities 989 million yen / Extraordinary loss Impairment Loss on Investment Securities 318 million yen |
| Disclosure regarding the going concern assumption | No applicable matters. |
| 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 / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | In April 2026, the company sold investment securities and plans to record a gain on the sale of investment securities of ¥1,528 million as extraordinary income in the first quarter of the fiscal year ending March 2027. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (webcast on the company's website; participants not disclosed) |
| Issued Shares at Period-End | 41,507,780 |
| Treasury Shares at Period-End | 1,989,042 |
| Factors Behind Changes in Business Performance | Assets under management increased 19.8% from the end of the previous fiscal year, while balance-based fees increased 3.8% and performance fees increased 57.4%. Operating expenses and general and administrative expenses increased 3.0% due to higher personnel expenses and higher depreciation associated with the expansion of the head office premises, among other factors. Net income attributable to owners of the parent also increased, mainly because the company recorded gains on the sale of investment securities. |
Items this document does not state (6)
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.Balance-based fees and performance fees increased as assets under management grew. Although personnel expenses and depreciation resulting from the expansion of the head office premises also increased, the rise in operating revenue was greater, resulting in higher operating income. Net income attributable to owners of the parent increased mainly because the company recorded gains on the sale of investment securities.