Fiscal Year Ending March 2026 Financial Summary [Japan GAAP] (Non-Consolidated)

Overview of Performance

For the fiscal year ending March 2026, operating revenue was JPY 21,725 million (15.3% increase YoY), operating income was JPY 5,375 million (51.0% increase YoY), ordinary income was JPY 5,923 million (44.0% increase YoY), and net income attributable to owners of parent was JPY 5,010 million (10.8% increase YoY). The main drivers were increased equity brokerage commissions and trust fees from investment trusts. The stock market saw the Nikkei Stock Average rise from 35,961 at the beginning of the term to 51,063 at the end, with particular focus on semiconductor-related and factory automation/robotics companies proving effective. Although bond department underwriting volume and sales increased, bond acceptance fees declined due to a decrease in underwriting of retail bonds.

Financial Position and Dividend Policy

Total assets increased by JPY 16,879 million from the end of the previous term to JPY 88,476 million, total liabilities increased by JPY 13,158 million to JPY 37,032 million, and total net assets increased by JPY 3,721 million to JPY 51,444 million. The dividend was increased to JPY 70 annually (interim JPY 32, year-end JPY 38), resulting in a payout ratio of 92.5%, up from the previous year. Going forward, the basic policy is to maintain a payout ratio of at least 50%, aiming for stable profit distribution. The number of shares outstanding remains unchanged at 67,398,262 shares.