Daiwa Securities Group Inc. (8601) Earnings: Operating Income Surges 114.3% YoY to 77.51 Billion Yen

Daiwa Securities Group Inc. (8601) announced its financial results, posting operating revenue of 434.36 billion yen, a 33.1% increase year-on-year, and net operating revenue of 220.40 billion yen, up 42.0%. Profitability showed substantial growth, with operating income surging 114.3% year-on-year to 77.51 billion yen, and ordinary income doubling with a 101.5% increase to 88.09 billion yen. Profit attributable to owners of the parent rose 80.6% to 56.41 billion yen, while comprehensive income expanded by 156.6% to 85.04 billion yen. Basic earnings per share (EPS) was recorded at 40.68 yen.

Reflecting the business model characteristic of the securities industry, the company maintains a robust liquidity position with cash and cash equivalents standing at 3.77 trillion yen. Operating cash flow registered a positive 438.96 billion yen, while free cash flow was -144.64 billion yen. The equity ratio stands at 4.6% with interest-bearing debt at 4.92 trillion yen, alongside retained earnings of 1.12 trillion yen, highlighting a balanced approach to financial stability and capital efficiency during an earnings expansion phase.