Strong Performance in Wealth and Investment Management
Wealth Management net revenue increased 10% to JPY 116.5 billion, and income before income taxes grew 17% to JPY 45.5 billion. Investment Management net revenue came to JPY 60.8 billion, up 20%, with income before income taxes amounting to JPY 30.7 billion, up 43%.
Record Highs in Equities Revenue
Equities revenue rose 16% to a new high of JPY 113.8 billion, driven by higher client activity in Japan and AEJ, and strong performance in derivative and Americas businesses.
Consistent Profitability in International Regions
Income before income taxes in the 3 international regions rose 63% to JPY 44.9 billion, marking the ninth consecutive quarter of profitability.
Improved Return on Equity
Return on equity was 10.6%, reaching the quantitative target for 2030 of 8% to 10% or more for the sixth consecutive quarter.