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Daiwa Securities Group Inc., First Half Ordinary Profit Increases by 44%, July-September Ordinary Profit Increases by 78%

Tue Oct 29, 2024 3:00 pm JST Earnings

8601 Daiwa Securities Group Inc. 【J-GAAP】

Earnings Report

Daiwa Securities Group Inc. <8601> [TSE-P] announced its financial results after the market closed on October 29th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 110 billion yen, an increase of 43.8% compared to the same period last year.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 78.5% from the same period last year, reaching 72.8 billion yen. However, the operating profit margin decreased from 12.5% in the same period last year to 11.8%.

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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 339,193 20,838 32,941 31,455 21.2 37.9 Oct 31, 2022 J-GAAP
Apr - Sep, 2023 570,087 68,561 76,932 53,505 36.9 44.1 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 689,688 76,790 110,627 77,785 55.3 ー Oct 29, 2024 J-GAAP
YoY +21.0% +12.0% +43.8% +45.4% +49.9%

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 J-GAAP
Apr - Sep, 2024 Results 689,688 76,790 110,627 77,785 55.3 28 Oct 29, 2024 J-GAAP
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 707,395 85,144 97,655 68,052 47.6 25 Apr 25, 2024 J-GAAP
Oct - Mar, 2024 Guidance ー ー ー ー － 16 Oct 29, 2024 J-GAAP
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 866,090 66,273 86,930 63,875 43.5 23 Apr 27, 2023 J-GAAP
Mar, 2024 1,277,482 153,705 174,587 121,557 84.9 44 Apr 25, 2024 J-GAAP
Mar, 2025 Guidance ー ー ー ー － 44 Aug 1, 2024 J-GAAP
YoY － － － － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 303,828 37,828 40,836 29,793 20.6 12.5 Oct 31, 2023 J-GAAP
Oct - Dec, 2023 335,378 38,061 40,876 28,457 19.8 11.3 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 372,017 47,083 56,779 39,595 27.7 12.7 Apr 25, 2024 J-GAAP
Apr - Jun, 2024 335,357 35,115 37,740 23,993 17.1 10.5 Aug 1, 2024 J-GAAP
Jul - Sep, 2024 354,331 41,675 72,887 53,792 38.3 11.8 Oct 29, 2024 J-GAAP
YoY +16.6% +10.2% +78.5% +80.6% +86.1%

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