Monex Group swings into loss in Q1 FY2017

Online trading services provider Monex Group, Inc. (TYO:8698) has reported its quarterly consolidated financial results and financial results of its wholly-owned subsidiary for the first quarter of the fiscal year ending March 31, 2017.

The company reports that the preliminary results are prepared in accordance with IFRSs and the subsidiary results – in accordance with the generally accepted accounting principles in Japan.

Total operating revenues for the quarter to June 30, 2016 amounted to ¥11.60 million, dropping a lot from the revenues of ¥14.19 million, registered for the same period last year.

monex q1 fy2017

Total assets for the period were ¥547.4 million.

monex subsidiary

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