#DaiwaSecuritiesGroup

Announced a personnel change where Mr. Shinsuke Niitsuma will step down as Representative Executive Vice President effective March 31, 2026, and Mr. Eiji Sato will assume the position on April 1, 2026.

Multiple directors and executive officers are slated for new appointments, promotions, and retirements as of April 1 and June 19, 2026. This includes major executive changes such as the appointment of several Vice Presidents and Senior Managing Directors, marking a large-scale executive personnel restructuring.

Revision of the shareholder benefit program effective from the shareholder registry as of September 30, 2026, introducing a new category for shareholders holding 2,000 to 2,999 shares and changing benefits including the introduction of QUO cards.

For the third quarter of the fiscal year ending March 2026, consolidated operating revenue was JPY 10,756.3 billion (up 4.8% YoY), operating income was JPY 147.7 billion (up 29.8% YoY), and net income attributable to owners of parent for the quarter was JPY 125.4 billion (up 0.8% YoY).

For the third quarter of FY March 2026, operating revenue was 1,075.6 billion yen (up 4.8% YoY), operating income was 147.8 billion yen (up 29.8% YoY), and net income attributable to owners of parent was 125.4 billion yen (up 0.8% YoY).

For the cumulative third quarter of fiscal 2025, net operating revenues were 522.5 billion yen (Year-over-Year +10.8%), ordinary income was 167.4 billion yen (Year-over-Year -3.6%), and net income attributable to owners of parent was 125.4 billion yen (Year-over-Year +0.8%).

For the second quarter of fiscal 2025, the consolidated liquidity coverage ratio was 142.1%, and the consolidated stable funding ratio was 156.4%, both comfortably exceeding the regulatory minimum levels and remaining stable.

As of the end of September 2025, the consolidated capital adequacy ratio was 21.83%, the consolidated leverage ratio was 5.27%, and the total capital amounted to approximately JPY 1,542.9 billion, maintaining financial soundness.