Mito Securities Co., Ltd. (8622) Stock Price

Mito Securities operates primarily in financial instruments trading. The company provides a wide range of financial services, including buying and selling securities, brokerage services, underwriting, public offerings, and handling of募集 and offerings. Through these services, the company provides diverse investment opportunities to individual and corporate clients while supporting their asset management needs.

Specific services include trading in stocks and bonds, sales of investment trusts, and underwriting of IPOs (initial public offerings). The company also offers asset management advice tailored to client needs and supports portfolio construction. Through these offerings, Mito Securities aims to support clients' wealth building and establish long-term trust relationships.

Mito Securities is pursuing a growth strategy aimed at becoming a company that "does its best" for customers, shareholders, and employees. The company's management vision is to create value through financial services and contribute to a prosperous future for the communities it serves. To realize this vision, the company is working on supporting customer asset formation, fostering regional development, enabling employee self-realization, and transforming its business structure.

Under the Sixth Medium-Term Management Plan (fiscal year ending March 2023 through March 2025), the company aimed to improve ROE and enhance the selling, general, and administrative expense coverage ratio through recurring revenue. In fiscal 2024, ROE reached 5.8%, exceeding targets. The expense coverage ratio also reached 41.8%, demonstrating progress in building a stable revenue foundation. These results strengthened the company's foundation for achieving sustainable growth.

Looking ahead, Mito Securities has formulated the Seventh Medium-Term Management Plan (fiscal year ending March 2026 through March 2030). This plan is themed around "deepening customer trust and achieving sustainable growth through the strength of our people and organization." Specifically, the company targets an ROE of 8.0% or higher and an expense coverage ratio of 50.0% or higher from recurring revenue. Additionally, the company aims to increase combined assets under management in equity investment trusts and Mito Fund Wrap to 750 billion yen or more.

Mito Securities is also strengthening shareholder returns, setting a minimum annual dividend per share of 30 yen during the Seventh Medium-Term Management Plan period. The company prioritizes improving capital efficiency and is pursuing efficient capital allocation to drive sustainable growth and enhance shareholder value. Through these efforts, the company aims to continue delivering greater value to customers, communities, and shareholders.