MATSUI SECURITIES CO., LTD. Non-Consolidated Financial Summary under Japanese GAAP For the Six Months Ended September 30, 2015
Date: October 26, 2015
Company name (code number): Matsui Securities Co., Ltd. (8628) Stock exchange listing: Tokyo
（URLhttp://www.matsui.co.jp/ir/en/index.html）
Representative: Michio Matsui: President and Chief Executive Officer Planned date of filing of quarterly securities report: November 12, 2015
Planned date of dividends payment: November 24, 2015
Note: All figures in the financial statements are rounded off to the nearest millionth.
1．Non-Consolidated financial summary for the six months ended September 30, 2015
Operating results
Operating revenues
Net operating
revenues
Operating income
Ordinary income
Six months ended September 30, 2015
Six months ended September 30, 2014
Millions Yr/Yr
( ) ( )
of Yen % change
18,540 13.7
16,309 (26.5)
Millions Yr/Yr
( ) ( )
of Yen % change
17,747 13.5
15,630 (27.6)
Millions Yr/Yr
( ) ( )
of Yen % change
12,159 18.0
10,308 (34.0)
Millions Yr/Yr
( ) ( )
of Yen % change
12,208 17.7
10,376 (33.8)
Net income
Earnings / Share
Fully diluted earnings / Share
Six months ended September 30, 2015
Six months ended September 30, 2014
Millions Yr/Yr
( ) ( )
of Yen % change
8,625 33.3
6,469 (31.4)
(Yen)
33.59
25.20
(Yen)
33.59
25.20
Total assets
Net assets
Equity ratio
Net assets / Share
As of September 30, 2015
(Millions of Yen)
(Millions of Yen)
(%)
(Yen)
744,866
92,950
12.5
361.97
As of March 31, 2015
817,183
90,029
11.0
350.63
Financial position
Net assets - Stock acquisition rights:
As of September 30, 2015 92,929 million yen As of March 31, 2015 90,018million yen
2．Dividends
Dividends per share | |||||
First quarter | Second quarter | Third quarter | Forth quarter | Total | |
Year ended March 31, 2015 | (Yen) － | (Yen) 20.00 | (Yen) － | (Yen) 20.00 | (Yen) 40.00 |
Year ends March 31, 2016 | － | 25.00 | |||
Year ends March 31, 2016 (estimation) | － | － | － | ||
3．Forecast of business results
The business results of securities brokerage companies depend on the market situation considerably, which makes it difficult to forecast the future business results. Accordingly, the Company does not issue such forecast while it discloses its monthly business information instead of such forecasts.
4．Other information
Adoption of the simplified accounting policies and typical accounting procedures for preparation of the quarterly non-consolidated financial statements: None
Changes in accounting policies, accounting estimates and restatement of corrections for the non-consolidated financial statements
Changes due to amendment of accounting standards: None
Changes due to other changes than above: None
Changes in accounting estimates: None
Restatement of corrections: None
Number of shares outstanding (common stock)
Number of shares outstanding including treasury stock As of September 30, 2015 269,264,702 shares
As of March 31, 2015 269,264,702 shares
Number of treasury stock
As of September 30, 2015 12,533,245 shares
As of March 31, 2015 12,533,245 shares
Average number of shares outstanding
Non-Consolidated financial statements
Non-Consolidated balance sheets
Assets
Current Assets
(Millions of Yen)
March 31, 2015 September 30, 2015
Cash and bank deposits
15,717
10,545
Cash segregated as deposits
462,912
405,912
Cash in trust
20,889
19,450
Trading assets:
1,538
1,660
Trading securities and others
0
0
Derivatives
1,538
1,659
Net receivables arising from
pre-settlement date trades 18543
Margin account assets: 284,207 284,347 Loans receivable from
customers 277,246 281,836
Cash deposited as collateral for securities
borrowed from securities finance companies
Receivables on collateralized
6,961 2,510
securities transactions: 12,0804,840
Cash deposits collateral for
securities borrowed 12,0804,840
Receivables from customers and
others 2758
Short-term guarantee deposits
5,736
5,103
Others
5,249
4,970
Allowance for doubtful accounts
(11)
(11)
Total current assets
808,528
736,915
Fixed assets
Tangible fixed assets
1,039
990
Intangible assets
2,850
2,630
Software
2,850
2,630
Others
0
0
Investments and others
4,765
4,331
Investment securities
3,975
3,127
Others
1,956
2,337
Allowance for doubtful accounts
(1,165)
(1,132)
Total fixed assets
8,655
7,952
Total assets
817,183
744,866
Liabilities
Current liabilities
(Millions of Yen)
March 31, 2015 September 30, 2015
Trading liabilities:
1,379
818
Trading securities and others
7
―
Derivatives
1,371
818
Margin account liabilities:
56,398
27,003
Loans from securities finance
companies
3,774
3,371
Proceeds of securities sold on customers' account
52,624
23,633
Payables on collateralized securities transactions:
25,558
14,843
Cash deposits as collateral for securities loaned
25,558
14,843
Deposits received
261,516
233,519
Guarantee money received
207,098
197,053
Suspense account for undelivered securities
12
―
Short-term borrowings
164,600
169,600
Accrued income taxes
5,442
4,350
Accrued bonuses
277
135
Others
1,957
1,381
Total current liabilities
724,237
648,702
Long-term liabilities
Long-term borrowings 50 ―
Reserve for retirement bonuses for
directors and auditors
Others
3
3
Total long-term liabilities
257
207
204 204
Statutory reserves
Reserve for financial products
transaction liabilities 2,660 3,007
Total statutory reserves
2,660
3,007
Total liabilities
727,155
651,917
Net assets
Shareholders' equity Common stock
11,945
11,945
Capital surplus
9,793
9,793
Earned surplus
75,143
78,633
Treasury stock
(9,475)
(9,475)
Total shareholders' equity
87,406
90,896
Valuation and translation adjustments
Net unrealized gain (loss) on
investment securities, net of taxes 2,613 2,033
Total valuation and translation
adjustments 2,613 2,033
Stock acquisition rights
10
21
Total net assets
90,029
92,950
Total liabilities and net assets
817,183
744,866
Non-Consolidated Statement of income
(Millions of Yen)
Operating revenues
Six months ended September 30, 2014
Six months ended September 30, 2015
Commissions 9,755 11,798
Brokerage commissions 9,264 11,112 Commission for underwriting, secondary
distribution and solicitation for selling and ― 0
others for professional investors
Fee for offering, secondary distribution and
solicitation for selling and others for 3 0
professional investors
Others 489 686
Net gain (loss) on trading 3 4
Interest and dividend income 6,548 6,735
Other operating revenue 3 3
Total operating revenues 16,309 18,540
Interest expenses 679 793
Net operating revenues 15,630 17,747 Selling, general and administrative expenses
Transaction related expenses 2,334 2,396
Employees' compensation and benefits 933 1,101
Occupancy and rental 443 446
Data processing and office supplies 848 860
Depreciation 680 568
Duties and taxes other than income taxes 91 160
Provision of allowance for doubtful accounts (68) (11)
Others 62 67
expenses Operating income
5,322
10,308
5,588
12,159
Non-operating income
Dividend income
58
40
Others
13
9
Total non-operating income
71
48
Non-operating expenses Others
2
0
Total non-operating expenses
2
0
Ordinary income
10,376
12,208
Special profits
Gain on sales of investment securities
―
1,012
Total special profits
―
1,012
Total selling, general and administrative
Special losses
Provision for statutory reserves 355 347
Loss on sales and disposals of property and
equipment ― 1
Total Special losses
355
348
Income before income taxes
10,021
12,872
Income taxes - current
3,254
4,227
Income taxes - deferred
298
19
Income taxes
3,552
4,247
Net income
6,469
8,625
Notes on quarterly financial statements
For the Six months ended September 30, 2015 256,731,457 shares For the Six months ended September 30, 2014 256,731,609 shares
Note:
Review on the quarterly financial results by the Independent Auditor has not been completed.
Notice to readers:
The accompanying non-consolidated financial statements of the Company are prepared on the basis of accounting principles generally accepted in Japan, which are different in certain respects as to application and disclosure requirements of International Financial Reporting Standards.
(Notes on Going-Concern Uncertainties) No relevant items.
(Notes on the Significant Change in Net Assets) No relevant items.
|
distributed by
|
