Kyokuto Securities Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
January 26, 2017
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Kyokuto Securities Co., Ltd. reported consolidated earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company’s operating revenue was ¥2,310 million against ¥2,309 million a year ago. Net operating revenue was ¥1,978 million against ¥2,297 million a year ago. Operating profit was ¥774 million against ¥861 million a year ago. Ordinary profit was ¥902 million against ¥996 million a year ago. Net income attributable to owners of parent was ¥914 million against ¥139 million a year ago.
For the nine months, the company's operating revenue was ¥8,077 million against ¥7,644 million a year ago. Net operating revenue was ¥7,703 million against ¥7,547 million a year ago. Operating profit was ¥3,250 million against ¥2,484 million a year ago. Ordinary profit was ¥3,654 million against ¥3,177 million a year ago. Net income attributable to owners of parent was ¥3,909 million or ¥122.55 per basic share against ¥2,170 million or ¥68.04 per basic share a year ago. Net assets per share was ¥1,407.74 against ¥1,348.46 a year ago. Income before taxes was ¥6,796 million against ¥5,077 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.