Aizawa Securities anticipates profit surge in fiscal year 2025

Aizawa Securities Group (TSE:8708) announced preliminary consolidated financial results for the fiscal year ending March 31, 2025, projecting substantial gains compared to the previous year. Operating revenue is estimated at JPY20,588 million, an 8.5% increase year-over-year. Operating profit is projected to surge by 62.7% to JPY1,886 million, while ordinary profit is expected to rise by 32.4% to JPY2,571 million. Profit attributable to owners of the parent is forecasted to increase by 6.6% to JPY3,172 million, resulting in earnings per share of JPY100.20 and net assets per share of JPY1,433.95. The growth is attributed to increased commission income from sales of investment trusts and asset management fees, as well as investment advisory fees. The company plans to release its final consolidated financial results on April 25, 2025.