JP-listed companies
Mito Securities Co., Ltd.

Mito Securities Co., Ltd.JP:8622

Market cap

¥29.9B

P/E ratio

12.8x

Income statement Balance sheet Cash flow

	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018	Mar 31, 2019	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024
Commission received	10,260	12,772	11,155	10,158	9,023	11,093	8,974	9,489	13,891	12,117	9,587	12,775
Brokerage commission	5,366	6,911	4,661	4,494	4,307	5,095	3,610	4,330	7,845	5,463	3,826	5,704
Commission for underwriting, secondary distribution and solicitation for selling and others for professional investors	74	65	56	94	46	47	246	57	41	101	24	31
Fees for offering, secondary distribution and solicitation for selling and others for professional investors	3,319	3,802	4,088	3,094	2,253	3,030	1,943	2,186	3,001	2,880	2,299	2,969
Other commission received	1,499	1,992	2,348	2,476	2,415	2,920	3,174	2,915	3,002	3,672	3,436	4,070
Net trading income	3,488	2,661	3,755	2,804	4,141	4,797	2,308	2,231	1,239	1,332	1,379	1,470
Financial revenue	262	278	234	226	203	224	212	187	198	207	202	282
Other operating revenue	51	51	46	33	21	37	37	37	36	25	26	25
Operating revenue	14,062	15,762	15,192	13,223	13,389	16,152	11,533	11,946	15,366	13,683	11,196	14,554
Financial expenses	85	59	62	58	77	71	67	69	71	52	56	51
Net operating revenue	13,976	15,703	15,129	13,164	13,312	16,081	11,465	11,876	15,294	13,630	11,140	14,502
Trading related expenses	1,109	1,202	1,318	1,346	1,218	1,286	1,237	1,178	1,330	1,081	997	1,135
Personnel expenses	6,610	6,454	6,599	6,397	6,713	7,386	6,503	6,310	6,956	6,776	6,311	7,042
Real estate expenses	1,337	1,352	1,430	1,511	1,458	1,458	1,432	1,458	1,471	1,575	1,518	1,379
Office expenses	1,628	2,190	1,974	2,076	2,095	2,182	2,099	2,040	1,905	1,810	1,725	1,740
Depreciation	465	429	373	401	338	318	329	415	380	441	443	365
Taxes and dues	134	126	122	157	221	236	198	203	230	215	199	238
Other	215	263	322	248	263	257	272	262	203	205	211	208
Selling, general and administrative expenses	11,499	12,020	12,141	12,140	12,310	13,125	12,073	11,869	12,477	12,107	11,408	12,111
Operating profit (loss)	2,477	3,682	2,988	1,024	1,002	2,955	-608	7	2,817	1,523	-268	2,391
Dividend income	108	151	186	255	267	250	314	280	231	271	289	247
Miscellaneous income	316	380	157	186	181	154	152	165	172	180	188	179
Non-operating income	424	531	344	441	449	404	467	445	404	451	478	426
Miscellaneous losses	54	26	9	21	14	13	2	11	13	14	23	14
Non-operating expenses	54	26	9	21	14	13	2	11	13	14	23	14
Ordinary profit (loss)	2,847	4,187	3,323	1,444	1,437	3,347	-142	441	3,207	1,961	186	2,803
Reversal of reserve for financial instruments transaction liabilities	6	-	-	-	18	-	-	-	-	-	-	6
Gain on sale of investment securities	167	570	-	1,641	48	309	425	694	-	-	845	628
Extraordinary income	173	570	19	1,641	66	309	425	694	-	-	845	635
Provision of reserve for financial instruments transaction liabilities	-	23	3	-	-	20	-	-	3	-	-	-
Impairment losses	11	-	6	20	29	-	6	39	5	5	-	6
Head office relocation expenses	-	-	-	-	-	-	-	-	-	-	199	-
Extraordinary losses	92	23	10	20	85	20	17	180	359	5	199	6
Profit (loss) before income taxes	2,928	4,733	3,332	3,065	1,418	3,636	265	956	2,847	1,955	832	3,432
Income taxes - current	313	980	1,229	954	576	1,112	23	192	965	575	26	1,183
Income taxes - deferred	1	-2	-382	127	-119	-61	56	-28	13	-9	31	-86
Income taxes	315	977	847	1,082	456	1,051	80	164	979	566	58	1,096
Profit (loss)	-	-	2,485	1,983	962	2,584	184	791	1,868	1,389	773	2,336