Record Revenue and Net Income Growth
Net revenue increased by 6% quarter-on-quarter to JPY 483.3 billion, with a 43% increase in net income to JPY 98.4 billion. Income before income taxes grew by 29% to JPY 133 billion.
Strong Performance in Wealth Management
Wealth Management net revenue increased 2% to JPY 116.7 billion, with income before income taxes growing 7% to JPY 45.3 billion, the highest in 9 years.
Investment Management Achieves Record Highs
Net revenue in Investment Management was up 18% to JPY 56.1 billion, with income before income taxes growing 38% to JPY 31.9 billion. Business revenue reached a record high since the division was established.
Improved Cost-to-Income Ratio in Wholesale
Wholesale cost-to-income ratio improved to 83%, with income before income taxes doubling, indicating strong cost management.
Successful Dividend Strategy
Announced a JPY 23 dividend per share with a dividend payout ratio of 40.6%.