Japan Exchange Group's share price fell by just under 4% toward the end of October, while interim results showing higher profit, a stock split and a share buyback were announced on 27 October. The earnings summary released from the same day onward showed that higher cash equity trading value boosted results.
The share price fell 4.6% from ¥2,218.5 on 23 October to ¥2,116 on 29 October. On 27 October, the announcement of interim results showing higher profit, a two-for-one stock split and the cancellation of approximately 9.48 million treasury shares coincided with the stock's price range widening. From that day onward, the share price fell 4.8% from ¥2,194 to ¥2,088.
Second-quarter results for the fiscal year ending March 2027 were released on 27 October. Operating revenue was ¥131 billion, up 46.7% year on year, operating profit was ¥84.66 billion, up 65.1%, and net profit was ¥57.21 billion, up 65.6%. Higher cash equity trading value and growth in listing- and information-related revenue boosted results.
Recent results have shown an improving trend over the past 12 quarters, with net profit and operating profit margins rising, as well as growth in revenue and EPS. Areas of focus going forward include growth in trading and clearing fees driven by higher cash equity trading value, and the accumulation of listing-, information- and system-related revenue.
The earnings summary also stated that interim profit before tax and interim profit increased from the previous period, with growth in cash equity trading value, listing-related revenue and information-related revenue contributing to the results.