Kyokuto Securities Co., Ltd. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2013
October 29, 2013
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Kyokuto Securities Co., Ltd. reported consolidated earnings results for the second quarter and six months ended September 30, 2013. For the quarter, the company reported net profit of ¥1,421 million on net operating income of ¥3,269 million against net profit of ¥917 million on net operating income of ¥2,655 million a year ago. Operating profit was ¥1,549 million compared to ¥1,430 million a year ago. Net profit before taxes was ¥1,269 million compared to ¥1,460 million a year ago. Net profit before minority interests was ¥661 million compared to ¥917 million a year ago.
For the six months, the company reported net profit of ¥5,078 million or ¥159.20 per share on net operating income of ¥6,732 million against net profit of ¥1,224 million or ¥38.38 per share on net operating income of ¥4,365 million a year ago. Operating profit was ¥3,371 million compared to ¥1,849 million a year ago. Net profit before minority interests was ¥4,313 million compared to ¥1,224 million a year ago. Net profit before taxes was ¥7,179 million compared to ¥1,933 million a year ago.
KYOKUTO SECURITIES CO., LTD. is a financial company. The Company's main business consists of securities dealing and securities brokerage. It operates in four business segments along with its related companies. Financial Product Trade segment is engaged in the domestic financial instruments dealing. Real Estate segment is engaged in the operation of real estate business specializing in the rental of stores. The Investment segment is engaged in the investment business. Investment segment is engaged in the operation of investment business. Investigation and Research segment is engaged in the investigation and research of domestic and overseas economic and financial securities markets.