Toyo Securities reports preliminary FY2025 results, net profit soars

Toyo Securities (TSE:8614) has announced preliminary consolidated financial results for the fiscal year ended March 31, 2025. While operating revenue saw a slight decrease of 6.1% year-over-year, falling from JPY12,023 million to JPY11,289 million, and operating profit declined substantially by 39.8% from JPY1,153 million to JPY694 million, the company's net profit attributable to owners of the parent surged by 103.2%, reaching JPY2,653 million compared to JPY1,305 million in the previous year. On an individual basis, similar trends were observed, with operating revenue dropping 6.8% and profits falling, while net profit jumped by 83.6%. These results are preliminary, with official figures expected to be released on April 28, 2025. The increase in net profit is attributed to extraordinary profit from the sales of investment securities, offsetting declines in commissions related to Japanese equity trades and subscription revenue.