Fiscal Year 2025 Q3 Financial Presentation Materials

Performance Overview

For the cumulative third quarter of fiscal 2025, net operating revenues amounted to 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 came to 125.4 billion yen (Year-over-Year +0.8%). Base profit grew steadily, increasing 28.2% year-over-year to 128.3 billion yen, accelerating stable profit expansion. The Wealth Management division accurately captured asset management demands through deepening total asset consulting, with ordinary income in the WM headquarters reaching the highest level in 12 years. Securities Asset Management and Real Estate Asset Management also recorded all-time highs in assets under management and ordinary income. The Global Investment Banking division achieved record-high ordinary income amid a robust M&A market.

Segment Performance and Financial Foundation

The WM division’s net operating revenues were 77.1 billion yen (Quarter-over-Quarter +3.2%), with ordinary income at 29.573 billion yen (Quarter-over-Quarter ±0%). The AM division reported net operating revenues of 32.605 billion yen (Quarter-over-Quarter +30.4%) and ordinary income of 22.232 billion yen (Quarter-over-Quarter -23.9%). The GM&IB division showed strong performance with net operating revenues of 71.339 billion yen (Quarter-over-Quarter +17.4%) and ordinary income of 18.731 billion yen (Quarter-over-Quarter +26.0%). The balance sheet maintains a solid financial base with total assets of 38.5953 trillion yen, net assets of 1.9897 trillion yen, and shareholders’ equity of 1.7067 trillion yen (Year-over-Year +66.9 billion yen). The consolidated capital adequacy ratio is 20.97%, and the consolidated Tier 1 ratio is 20.90%, indicating high financial stability.