Japan Exchange Group, Inc. (JPX) announced the summary of its interim financial results in FY 2023 (April 2023－September 2023) on October 26. Operating revenue in consolidated financial statements was 73,300,000,000 yen (10.4 percent up year on year), operating profit was 44,499,000,000 yen (30.4 percent up), profit before tax was 44,506,000,000 yen (30.4 percent up) and current profit belonging to the owner of the parent company was 31,432,000,000 yen (35.5 percent up).
As trading became active mainly in spot stocks and trading related revenue increased rapidly, the operating revenue increased by more than 10 percent year on year.
As trading and liquidation during the period increased, trading related revenue increased 12.0 percent year on year to 29,577,000,000 yen. Of it, transaction fee income increased 14.9 percent year on year to 24,598,000,000 yen. The reason for this significant increase was 18,431,000,000 yen (19.6 percent up year on year) in spot stock transaction fee income. Transaction fee income in financial derivatives trading increased 3.0 percent to 5,476,000,000 yen and transaction fee income in commodity derivatives trading increased 1.4 percent to 689,000,000 yen.
Also, listing related revenue increased 7.9 percent to 7,167,000,000 yen as listed companies increased their funding amounts, and information related revenue increased 7.2 percent to 14,557,000,000 yen as index transaction license income and market information income increased.
Meanwhile, operating expenses increased 3.3 percent to 34,344,000,000 yen, about 1,100,000,000 yen up year on year. The main reason was an increase in maintenance and operating costs for information systems, and was due to external factors such as system development contracts and exchange rates, etc. Furthermore, labor costs rose too. The maintenance and operating costs for information systems increased by 879,000,000 yen and the labor costs increased by 656,000,000 yen.
JPX also announced its consolidated earnings forecast in FY2023. It expects operating revenue of 143,000,000,000 yen (6.7 percent up year on year), operating profit of 77,000,000,000 yen (12.8 percent up), current profit belonging to the owner of the parent company of 54,000,000,000 yen (16.5 percent up) and dividend per share of 103.78 yen.
（Futures Tribune・issued October 31, 2023 ・no.3249）
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