MATSUI SECURITIES CO., LTD. Non-Consolidated Financial Summary under Japanese GAAP For the Six Months Ended September 30, 2016
Filing Date: October 27, 2016
Company name (Securities code): 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 Quartely statement filing date (as planned): November 11, 2016 Dividend payable date (as planned): November 24, 2016
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, 2016
Operating results
Operating revenue
Net operating revenue
Operating income
Ordinary income
Six months ended September 30, 2016
Six months ended September 30, 2015
Millions Yr/Yr
( ) ( )
of Yen % change
13,747 (25.9)
18,540 13.7
Millions Yr/Yr
( ) ( )
of Yen % change
13,241 (25.4)
17,747 13.5
Millions Yr/Yr
( ) ( )
of Yen % change
7,320 (39.8)
12,159 18.0
Millions Yr/Yr
( ) ( )
of Yen % change
7,380 (39.5)
12,208 17.7
Profit
Basic earnings per share
Diluted earnings per share
Six months ended September 30, 2016
Six months ended September 30, 2015
Millions Yr/Yr
( ) ( )
of Yen % change
5,105 (40.8)
8,625 33.3
(Yen)
19.89
33.59
(Yen)
19.88
33.59
Total assets
Net assets
Capital adequacy ratio
Net assets per share
As of September 30, 2016
(Millions of Yen)
(Millions of Yen)
(%)
(Yen)
632,966
92,516
14.6
360.14
As of March 31, 2016
663,425
92,718
14.0
361.01
Financial position
Owner's equity: As of September 30, 2016 92,460 million yen As of March 31, 2016 92,681million yen
2．Dividends
Dividend per share | |||||
First quarter | Second quarter | Third quarter | Year end | Annual | |
Year ended March 31, 2016 | (Yen) － | (Yen) 25.00 | (Yen) － | (Yen) 20.00 | (Yen) 45.00 |
Year ends March 31, 2017 | － | 13.00 | |||
Year ends March 31, 2017 (estimation) | － | － | － | ||
3．Forecasts
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．Notes
Applying of specific accounting of the non-consolidated quarterly financial statements: None
Changes in accounting policies and accounting estimates retrospective restatement
Changes in accounting policies based on revisions of accounting standard: None
Changes in accounting policies other than ones based on revisions of accounting standard: None
Changes in accounting estimates: None
Retrospective restatement: None
Number of issued and outstanding shares (common stock)
Number of issued and outstanding shares (including treasury stock) As of September 30, 2016 259,264,702 shares
As of March 31, 2016 259,264,702 shares
Number of treasury stock
As of September 30, 2016 2,533,314 shares
As of March 31, 2016 2,533,314 shares
Average number of shares
For the Six months ended September 30, 2016 256,731,388 shares For the Six months ended September 30, 2015 256,731,457 shares
Note: Review on the quarterly financial results by the Independent Auditor has not been completed. Notice to readers:
The accompanying quarterly 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.
Quarterly financial statements
Quarterly balance sheet
(Millions of Yen)
March 31, 2016 September 30, 2016
Assets
Current Assets
Cash and deposits 26,569 18,906
Cash segregated as deposits 375,812 384,612
Money held in trust 4,596 5,150
Trading products: 1,817 1,929
Trading securities and other 0 0
Derivatives 1,817 1,929
Trade date accrual 17 73
Margin transaction assets: 232,043 202,404
Loans on margin transactions 228,152 197,097 Cash collateral pledged for
securities borrowing on margin
transactions
3,890 5,307
Loans secured by securities: 7,869 4,661 Cash collateral pledged for
securities borrowed 7,8694,661
Advances paid
23
15
Short-term guarantee deposits
2,166
2,423
Other
4,312
4,624
Allowance for doubtful accounts
(7)
(99)
Total current assets
655,217
624,700
Non-current assets
Property, plant and equipment
953
918
Intangible assets:
2,999
3,146
Software
2,999
3,146
Other
0
0
Investments and other assets:
4,256
4,202
Investment securities
3,119
2,840
Other
2,486
3,129
Allowance for doubtful accounts
(1,348)
(1,767)
Total non-current assets
8,208
8,266
Total assets
663,425
632,966
Liabilities
Current liabilities
(Millions of Yen)
March 31, 2016 September 30, 2016
Trading products:
458
229
Derivatives
458
229
Margin transaction liabilities:
35,793
39,292
Borrowings on margin
transactions
5,452
5,715
Cash received for securities lending on margin transactions
30,341
33,577
Loans payable secured by securities:
14,838
9,288
Cash received on debt credit transaction of securities
14,838
9,288
Deposits received
200,271
219,305
Guarantee deposits received
182,641
183,898
Accounts for non-received securities and others
44
―
Short-term loans payable
128,050
81,100
Income taxes payable
3,551
2,455
Provision for bonuses
248
83
Other
1,258
1,042
Total current liabilities
567,151
536,693
Non-current liabilities
Long-term loans payable ― 200
Reserve for retirement bonuses for
directors and auditors
Other
3
3
Total non-current liabilities
208
408
204 204
Reserves under special laws Reserve for financial products
Total reserves under special laws
3,349
3,349
Total liabilities
570,707
540,449
transaction liabilities 3,349 3,349
Net assets
Shareholders' equity Capital stock
11,945
11,945
Capital surplus
9,793
9,793
Retained earnings
70,793
70,764
Treasury shares
(1,915)
(1,915)
Total shareholders' equity
90,616
90,586
Valuation and translation adjustments Valuation difference on
available-for-sale securities 2,066 1,874
Total valuation and translation
adjustments 2,066 1,874
Subscription rights to shares
37
56
Total net assets
92,718
92,516
Total liabilities and net assets
663,425
632,966
Quarterly statement of income
(Millions of Yen)
Operating revenue
Six months ended September 30, 2015
Six months ended September 30, 2016
Commission received 11,798 8,435
Commission to consignees 11,112 7,912 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 0 0
professional investors
Other fees received 686 523
Net trading income 4 1
Financial revenue 6,735 5,309
Other operating revenue 3 3
Total operating revenue 18,540 13,747
Financial expenses 793 506
Net operating revenue 17,747 13,241 Selling, general and administrative expenses
Trading related expenses 2,396 2,093
Personnel expenses 1,101 1,116
Real estate expenses 446 447
Office cost 860 874
Depreciation 568 634
Taxes and dues 160 189
Provision of allowance for doubtful accounts (11) 511
Other 67 56
expenses Operating income
5,588
12,159
5,921
7,320
Non-operating income
Dividend income
40
55
Other
9
8
Total non-operating income
48
62
Non-operating expenses Other
0
3
Total non-operating expenses
0
3
Ordinary income
12,208
7,380
Extraordinary income
Gain on sales of investment securities
1,012
―
Total extraordinary income
1,012
―
Total selling, general and administrative
Extraordinary losses
Provision of reserve for financial products
transaction liabilities 347―
Loss on sales and retirement of non-current
assets 1 4
Total extraordinary losses
348
4
Profit before income taxes
12,872
7,376
Income taxes - current
4,227
2,306
Income taxes - deferred
19
(36)
Income taxes
4,247
2,271
Profit
8,625
5,105
Notes on quarterly financial statements
(Notes - Uncertainties of entity's ability to continue as going concern) No relevant items.
(Notes when there is significant changes in amounts of equity) No relevant items.
Matsui Securities Co. Ltd. published this content on 27 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 October 2016 08:11:01 UTC.
Original documenthttp://www.matsui.co.jp/ir/pdf/financialresults_2q_fy2016.pdf
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