Monex Group Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Interest and Dividend Income	-	21,874	20,892	19,972	10,595	8,912
Total Interest Expense	8,057	3,867	5,644	2,836	1,804	1,630
Net Interest Income	-8,057	18,007	15,248	17,136	8,791	7,282
Brokerage Commission	80,557	32,152	27,158	36,877	37,246	36,800
Trading & Principal Transactions	-	11,854	8,380	10,788	30,477	24,504
Underwriting & Investment Banking Fee	-	-	-	76	115	63
Other Revenue	6,911	7,934	10,366	11,591	10,350	7,626
Revenue	79,411	69,947	61,152	76,468	86,979	76,275
Revenue Growth (YoY)	13.70%	14.38%	-20.03%	-12.08%	14.03%	48.64%
Salaries & Employee Benefits	-	22,676	19,925	21,727	19,866	15,614
Cost of Services Provided	63,103	33,735	25,498	38,218	40,317	26,098
Other Operating Expenses	1,209	13,245	-17	-109	458	181
Total Operating Expenses	64,312	74,570	50,286	68,378	69,059	50,042
Operating Income	15,099	-4,623	10,866	8,090	17,920	26,233
Currency Exchange Gains	-	-	-	959	716	-
Other Non-Operating Income (Expenses)	4,378	-1,946	-1,649	-2,671	-1,080	-6,094
EBT Excluding Unusual Items	19,477	-4,626	9,690	6,369	17,542	20,200
Asset Writedown	-	-16	-165	-370	-671	-
Gain (Loss) on Sale of Investments	-	1,632	15,767	-	-	-
Pretax Income	14,977	-4,625	25,237	4,669	20,801	21,296
Income Tax Expense	6,148	3,385	8,074	1,345	7,770	6,911
Earnings From Continuing Ops.	8,829	-8,010	17,163	3,324	13,031	14,385
Earnings From Discontinued Ops.	22	813	14,312	-	-	-
Net Income to Company	8,851	-7,197	31,475	3,324	13,031	14,385
Minority Interest in Earnings	-71	2,130	-182	68	-14	-31
Net Income	8,780	-5,067	31,293	3,392	13,017	14,354
Net Income to Common	8,780	-5,067	31,293	3,392	13,017	14,354
Net Income Growth	-53.58%	-	822.55%	-73.94%	-9.31%	376.72%
Shares Outstanding (Basic)	252	256	257	264	260	257
Shares Outstanding (Diluted)	252	256	257	264	260	257
Shares Change (YoY)	-1.92%	-0.46%	-2.58%	1.40%	1.25%	-1.00%
EPS (Basic)	34.84	-19.79	121.67	12.85	49.99	55.82
EPS (Diluted)	34.83	-19.83	121.67	12.85	49.99	49.56
EPS Growth	-52.67%	-	847.03%	-74.30%	0.88%	329.23%
Free Cash Flow	-	12,386	7,198	-31,866	51,055	-58,320
Free Cash Flow Per Share	-	48.38	27.99	-120.70	196.09	-226.78
Dividend Per Share	30.500	30.300	23.000	15.700	15.300	12.000
Dividend Growth	1.33%	31.74%	46.50%	2.61%	27.50%	103.39%
Operating Margin	19.01%	-6.61%	17.77%	10.58%	20.60%	34.39%
Profit Margin	11.06%	-7.24%	51.17%	4.44%	14.97%	18.82%
Free Cash Flow Margin	-	17.71%	11.77%	-41.67%	58.70%	-76.46%
Effective Tax Rate	41.05%	-	31.99%	28.81%	37.35%	32.45%

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.