Monex Group KK
8698
ISIN JP3869970008 / Valor 1846624
Monex Group KK
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About company
Monex Group KK is a prominent online financial services company that operates retail online brokerages across Japan, the United States, China (including Hong Kong), and Australia. The company expanded its business portfolio by acquiring Coincheck in 2018, making cryptocurrency trading a significant part of its operations. In 2020, Monex further diversified by establishing Japan Catalyst, an investment advisory firm aimed at enhancing returns through active engagement with listed companies to invigorate the Japanese capital markets. Founded in 1999 by Oki Matsumoto with joint capital from Sony, Monex Group is listed on the Prime Market of the Tokyo Stock Exchange. The company is led by a team of experienced executives, including Takashi Oyagi, who serves as the Chief Financial Officer, and Naofumi Yamada, who has a background in technology and intellectual property. Monex Group continues to leverage its expertise in online brokerage and investment advisory to offer a wide range of financial services to its global clientele.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (23.05.2024):
Q1 FY 2024 Revenue
In the first quarter of the fiscal year 2024, Monex Group KK reported a significant increase in revenue, driven by robust performance in its core brokerage services and an uptick in trading volumes across its platforms. The group's strategic expansions into new financial products also contributed to this positive outcome.
Q1 FY 2024 Net Income
Monex Group KK's net income for the first quarter of fiscal year 2024 saw a remarkable rise, reflecting efficient cost management and higher revenue generation. The company's focus on high-margin services and improved operational efficiencies played a crucial role in boosting profitability during this period.
Q1 FY 2024 Earnings Per Share
Earnings per share (EPS) for Monex Group KK in the first quarter of fiscal year 2024 increased significantly compared to the same period last year. This improvement was primarily due to higher net income and a strategic share buyback program that reduced the number of outstanding shares.
Q1 FY 2024 Dividend Announcement
Monex Group KK announced an increase in its quarterly dividend for the first quarter of fiscal year 2024, reflecting the company's strong financial performance and commitment to returning value to its shareholders. The board remains confident in the company's financial health and future prospects.
Q1 FY 2024 Financial Outlook
Looking ahead, Monex Group KK provided a positive financial outlook for the remainder of fiscal year 2024. The company expects continued growth in revenue and profitability, driven by its diversified business model and ongoing investments in technology and global market expansion.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1583 M
Market cap (USD)
3,305,900
Daily traded volume (Shares)
976 / 958
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Dividend yield (p.a.)
Est dividend (USD)
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P/E ratio
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EPS (USD)
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Ratings & reviews
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