Kyokuto Securities Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for Fiscal Year Ended March 31, 2014; Declares Year-End Dividend for Fiscal 2014 Payable from June 5, 2014
April 30, 2014
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Kyokuto Securities Co., Ltd. reported consolidated and non-consolidated earnings results for fiscal year ended March 31, 2014. For the period, on consolidated basis, the company reported net profit of ¥7,996 million or ¥250.67 per share against net profit of ¥5,170 million or ¥162.06 per share a year ago. Net operating income was ¥13,320 million compared to ¥12,081 million a year ago. Operating profit was ¥6,847 million compared to ¥7,008 million a year ago. Ordinary profit was ¥7,529 million compared to ¥7,236 million a year ago. Net profit before taxes was ¥11,729 million compared to ¥8,242 million a year ago. Return on equity was 19.4% against 14.1% a year ago. Return on assets was 10.5% against 8.9% a year ago. Net assets per share were ¥1,323.78 as at March 31, 2014 against ¥1,263.01 as at March 31, 2013. Cash flow used in operating activities was ¥4,730 million against ¥5,795 million a year ago. Operating income was ¥13,905 million compared to ¥12,207 million a year ago. Payment for acquisition of fixed assets was ¥7,907 million compared to ¥94 million a year ago.
For the period, on non-consolidated basis, the company reported net profit of ¥7,781 million or ¥243.93 per share against net profit of ¥5,490 million or ¥172.12 per share a year ago. Net operating income was ¥11,645 million compared to ¥12,262 million a year ago. Operating profit was ¥5,952 million compared to ¥7,150 million a year ago. Ordinary profit was ¥7,310 million compared to ¥7,559 million a year ago. Operating income was ¥12,229 million compared to ¥12,387 million a year ago. Net assets per share were ¥1,271.93 as at March 31, 2014 against ¥1,217.86 as at March 31, 2013. Net profit before taxes was ¥12,280 million compared to ¥8,539 million a year ago. Return on equity was 19.4% against 14.1% a year ago. Return on assets was 10.5% against 8.9% a year ago.
The company declared year-end dividend of ¥56.00 per share for fiscal 2014 against ¥72.00 per share for the same period in the last year. Scheduled date of commencement of payment of dividends is June 5, 2014. Thus the total annual dividend would amount to ¥126.00 per share against ¥82.00 for the same period in the last year.
KYOKUTO SECURITIES CO., LTD. is a financial company. The Company's main business consists of securities dealing and securities brokerage. It operates in four business segments along with its related companies. Financial Product Trade segment is engaged in the domestic financial instruments dealing. Real Estate segment is engaged in the operation of real estate business specializing in the rental of stores. The Investment segment is engaged in the investment business. Investment segment is engaged in the operation of investment business. Investigation and Research segment is engaged in the investigation and research of domestic and overseas economic and financial securities markets.
Kyokuto Securities Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for Fiscal Year Ended March 31, 2014; Declares Year-End Dividend for Fiscal 2014 Payable from June 5, 2014