Monex Group, Inc., July-September (2Q) Net Income Decreases by 14%, The Undetermined Dividend to Rise by 17.2 yen

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Mon Oct 28, 2024 3:15 pm JST Earnings

8698 Monex Group, Inc. 【IFRS】

Earnings Report

Monex Group, Inc. <8698> [TSE-P] announced its financial results (based on IFRS) after the market closed on October 28th (15:15). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 4.8% from the same period last year to 4.05 billion yen.

At the same time, the company has decided to implement a annual dividend of 40.2 yen for the current fiscal year, which was previously undecided (compared to 23 yen in the prior term).

In the most recent three-month period, from July to September (2Q), the consolidated net income decreased to 1.57 billion yen, a 14.3% decrease compared to the same period last year.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Sep, 2022	39,024	ー	2,073	1,247	4.7	214.6	Oct 28, 2022	IFRS
Apr - Sep, 2023	31,012	ー	2,820	4,257	16.6	11.2	Oct 27, 2023	IFRS
Apr - Sep, 2024	35,813	ー	5,012	4,051	15.7	ー	Oct 28, 2024	IFRS
YoY	+15.5%	－	+77.7%	-4.8%	-5.0%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Guidance	ー	ー	ー	ー	－	－	Apr 25, 2024	IFRS
Apr - Sep, 2024 Results	35,813	ー	5,012	4,051	15.7	15.10	Oct 28, 2024	IFRS
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	ー	ー	ー	ー	－	－	Apr 25, 2024	IFRS
Mar, 2025 New	ー	ー	ー	ー	－	40.20	Oct 28, 2024	IFRS
Revision Rate	－	－	－	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	35,784	ー	22,417	27,036	105.1	15	Apr 25, 2024	IFRS
Oct - Mar, 2024 Guidance	ー	ー	ー	ー	－	25.10	Oct 28, 2024	IFRS
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	55,841	ー	966	3,392	12.9	15.70	Apr 27, 2023	IFRS
Mar, 2024	66,796	ー	25,237	31,293	121.7	23	Apr 25, 2024	IFRS
Mar, 2025 Guidance	ー	ー	ー	ー	－	40.20	Oct 28, 2024	IFRS
YoY	－	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	15,176	ー	1,366	1,843	7.2	0.0	Oct 27, 2023	IFRS
Oct - Dec, 2023	15,844	ー	2,025	2,285	8.9	0.0	Jan 31, 2024	IFRS
Jan - Mar, 2024	19,940	ー	20,392	24,751	96.2	0.0	Apr 25, 2024	IFRS
Apr - Jun, 2024	19,244	ー	3,160	2,472	9.6	0.0	Jul 26, 2024	IFRS
Jul - Sep, 2024	16,569	ー	1,852	1,579	6.1	0.0	Oct 28, 2024	IFRS
YoY	+9.2%	－	+35.6%	-14.3%	-14.4%