Marusan Securities projects strong interim net profit despite revenue dip

Marusan Securities expects interim net profit for the fiscal year ending March 2026 to reach JPY 2,301m, a 46.4% increase compared to JPY 1,571m in the previous interim period. This positive outlook for profit comes despite a slight 0.3% decrease in operating revenue to JPY 9,596m from JPY 9,627m year-over-year. Operating profit and ordinary profit are also projected to decrease by 12.4% and 11.5% respectively.

The company's performance was influenced by increased stock brokerage commissions and investment trust management fees, partially offset by a decline in investment trust sales commissions. Rising selling, general, and administrative expenses contributed to the decrease in operating and ordinary profits. However, a significant increase in special gains is credited for boosting interim net profit.

Effective April 1, 2025, Marusan Securities absorbed its consolidated subsidiary, Marusan Finance Co., Ltd., resulting in a shift to non-consolidated financial disclosures from the first quarter of the fiscal year ending March 2026. These preliminary figures are based on current reasonable judgments and may differ from the final official results due on October 30, 2025.