Ichiyoshi Securities Co., Ltd. · TSE:8624
Ichiyoshi Securities — H1 FY2026 Earnings Presentation
17 slides from Ichiyoshi Securities's earnings presentation, Oct 29, 2026
Slide 1: IR Presentation for First Half of Fiscal 2026
Stock Code：8624 IR Presentation for First Half of Fiscal 2026 Ichiyoshi Securities Co., Ltd. October 29, 2026
Slide 2: Ⅰ: Business Result (Consolidated)
Ⅰ: Business Result (Consolidated)
Slide 3: 1. Profit and Loss
1. Profit and Loss ◆Operating revenue amounted to 14,128 million yen, an increase of 3,525 million yen (up 33.2%) from the year-earlier period. ◆ Current income amounted to 4,016 million yen, an increase of 2,117 million yen (up 111.6%) from the year-earlier period. ◆ Net income attributable to owne
Slide 4: 2. Breakdown of Net Operating Revenue
2. Breakdown of Net Operating Revenue ◆ Commissions amounted to 13,812 million yen, an increase of 3,553 million yen (up 34.6%) from the year-earlier period, mainly due to increases in brokerage commissions and fees from other sources (mainly trust fees on investment trusts). (JPY mil.) (JPY mil.) F
Slide 5: 3. Breakdown of Commission Revenue
3. Breakdown of Commission Revenue ◆ Brokerage commissions on stocks amounted to 3,232 million yen, an increase of 649 million yen (up 25.1%) from the year-earlier period. ◆ Commissions from distribution on investment trusts amounted to 858 million yen, an increase of 91 million yen (up 11.9%) from
Slide 6: 4. Breakdown of Commissions from other sources (trust fees, etc.)
4. Breakdown of Commissions from other sources (trust fees, etc.) Breakdown of Commissions from other sources (trust fees, etc.) (JPY mil.) First half of First half of Year-on-year (%) fiscal 2025 fiscal 2026 Trust fees relating to balances of 2,596 3,140 20.9% funds Fund management fees 1,418 1,868
Slide 7: 5. Selling, general and administrative expenses
5. Selling, general and administrative expenses ◆ Selling, general and administrative expenses amounted to 10,082 million yen, an increase of 1,352 million yen (up 15.5%) from the year-earlier period, mainly increased in personnel expenses. (JPY mil.) (JPY mil.) First half of First half of Year-on-
Slide 8: 6. Balance Sheets/Financial Condition
6. Balance Sheets/Financial Condition Balance Sheets Financial Condition (JPY mil.) Total Assets 80,000 Current assets Fixed assets 68,319 First half of Change from 70,000 Increase in cash and fiscal 2026 FY 2025 end. deposits and segregated 60,000 55,110 deposits 50,000 Decrease in deposits Equity
Slide 9: Ⅱ: Business Circumstances
Il : Business Circumstances
Slide 10: 1. Commission Revenue
1. Commission Revenue (JPY mil.) 8,000 Investment trusts (trust fees, etc.) Distribution Brokerage Others 7,455 7,183 188 7,000 297 6,460 6,356 176 1,882 208 6,000 5,839 1,783 157 1,536 1,350 4,882 431 5,000 1,458 169 4,606 4,624 470 4,419 426 177 158 4,232 518 150 1,180 160 4,000 1,040 435 1,110 1,
Slide 11: 2. Customer Assets in Custody
2. Customer Assets in Custody Fund Wrap（Dream Collection） Investment trusts（excluding Dream Collection） Stocks Others (JPY 100 mil.) 30,000 29,017 477 28,000 26,475 26,000 460 24,000 22,617 22,050 22,000 495 467 14,418 19,740 19,895 20,000 19,665 19,171 19,400 19,517 897 998 703 59119,081 12,966 433
Slide 12: 3. Quarterly Customer Assets in Custody
3. Quarterly Customer Assets in Custody Fund Wrap（Dream Collection） Investment trusts（excluding Dream Collection） Stocks Others (JPY 100 mil.) 30,000 29,017 28,609 477 28,000 464 26,475 26,009 26,000 24,850 460 455 460 24,000 23,066 22,953 23,070 22,400 22,050 516 463 459 22,000 474 467 13,744 14,41
Slide 13: 4. Trend of Trust Fees and Its Cost Coverage Ratio (Month-end Average)
4. Trend of Trust Fees and Its Cost Coverage Ratio (Month-end Average) “Cost coverage ratio” is the best index to measure the progress of the Ichiyoshi’s shift to “stock-type (asset-accumulation type) business model” Trust fees ＋ wrap-account fees Note: Cost coverage ratio ＝ × 100 (%) Cost (Selling,
Slide 14: 5. Quarterly Trend of Trust Fees and Its Cost Coverage Ratio
5. Quarterly Trend of Trust Fees and Its Cost Coverage Ratio Trust fees ＋ wrap-account fees Note: Cost coverage ratio ＝ × 100 (%) Cost (Selling, general and administrative expenses) (JPY mil.) Cost (left axis) Trust fees + wrap-account fees (left axis) Cost coverage ratio (right axis) 5,500 97.1% 10
Slide 15: 6. Top Best Selling Investment Trust Funds (Total Amounts of 3 Months)
6. Top 5 Best Selling Investment Trust Funds (Total Amounts of 3 Months) (JPY 100 mil.) FY 2024 FY 2025 FY 2026 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Ichiyoshi Global Equity Fund 52 38 33 36 18 33 39 73 60 54 BlackRock World High Dividend Equity Open 27 19 14 24 37 43 36 39 40 38 Ichiyoshi Japan Select Divi
Slide 16: 7. Number of Customer Accounts【Retail】
7. Number of Customer Accounts 【Retail】 (Accounts) (Accounts) 200,000 48,182 50,000 Total No. of accounts of assets in custody (left-hand scale) 47,763 45,150 45,800 No. of accounts with more than JPY 10 mil. (right-hand scale) 180,000 43,387 40,760 40,820 41,265 39,914 40,141 160,000 40,000 147,158
Slide 17: Disclaimer
Disclaimer ・This document is produced by Ichiyoshi Securities Co., Ltd. (the “Company”), and nothing in this document shall be considered as an offer to sell or solicit an offer to buy any security, or other instrument, including securities issued by the Company. ・This document is based on Japanese
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