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Screenshot of a breaking news alert e-mail from Q2 2017
Monex Group, Inc. (TYO:8698) the Japanese holding company involved in asset management, investment education, M&A and FX businesses has reported preliminary yearly and Q4 results. Moreover, it’s Japanese financial trading subsidiary Monex, Inc., which is the core subsidiary has reported full financial results for the fiscal year ending March 31st, 2015.
Results for the group as a whole which include Monex Securities, Monex Inc, Tradestation, Monex Boom, Monex Europe were down for the fiscal year off 7% YoY to 50.9 billion yen (425.8 million USD) and net income down almost 70%.
View the preliminary results table below: (full reporting will be issued on April 30th)
View Q4 results table below:
The same fall back in revenue and income was seen at the Monex, Inc. core subsidiary brand as well. Monex, Inc. is one of the leading Japanese retail FX trading brands for the domestic market with FY revenue off 12%.
A bright spot for the year were trading commissions, which saw 20.6 billion yen achieved during the fiscal year, up from the 15.7 billion yen achieved the year prior for a roughly 30% increase. You can view more details in the link to the report below.
Financial results table for wholly owned subsidy Monex Inc:
For more details view preliminary Monex Group results by clicking here (PDF).
To view Monex Inc. results only, click here (PDF).