Monex Group (8698) investor relations material

Executive summary

• Achieved steady progress on growth strategies, profitability, and group synergies, laying a foundation for further expansion.

• Revenue increased 13.3% year-over-year to ¥83,606 million, with profit before income taxes rising to ¥15,758 million from a loss of ¥4,626 million the previous year.

• Profit attributable to owners was ¥10,914 million, reversing a loss of ¥5,067 million year-over-year.

• Asset management business drove overall profit growth, while online brokerage remained stable and crypto asset business faced headwinds.

• Strategic partnerships and M&A activity, including Coincheck's alliance with KDDI and acquisitions by Coincheck Group, expanded capabilities and market reach.

Financial highlights

• Consolidated profit attributable to owners increased YoY to ¥10.9B, driven by asset management and online brokerage segments.

• Total operating revenue after deducting financial expenses and cost of sales rose 8% YoY to ¥73.1B.

• Basic earnings per share improved to ¥43.41 from a loss of ¥19.79 year-over-year.

• Total assets grew to ¥746,768 million from ¥709,641 million, and equity attributable to owners increased to ¥126,397 million.

• Cash flows from operating activities were ¥17,806 million, up from ¥13,300 million year-over-year.

Outlook and guidance

• Maintains four key commitments for FYE Mar. 2027, focusing on growth, capital efficiency, and unlocking conglomerate premium through group synergies.

• Dividend forecast for FYE Mar. 2027 is ¥30.80 per share, with continued focus on shareholder returns and ROE target of 15%.

• No consolidated financial results forecast for FYE Mar. 2027 due to high sensitivity to economic and market conditions.