Rakuten Securities, part of the Japanese conglomerate Rakuten Group, launched its outcomes for the three months between January and March, reporting a yearly uptick throughout all main parameters. It closed the quarter with a web revenue of over JPY 3.8 billion, a year-over-year uptick of 123 %.
The official outcomes additional revealed the working income of the monetary providers division to be JPY 24.6 billion in comparison with JPY 23.3 billion within the comparable months a 12 months in the past. Furthermore, the online income got here in about 5 % greater at JPY 23.3 billion.
The working revenue of the Rakuten Group subsidiary for the quarter got here in at JPY 5.9 billion, greater than JPY 3.7 billion a 12 months in the past. Abnormal revenue additionally got here in at JPY 5.7 billion, about 68 % greater. Its buying and selling revenue additionally improved marginally to JPY 5.5 billion.
A Main Japanese Dealer
Rakuten Securities is among the oldest and largest retail brokerages in Japan. It has greater than 8 million normal securities buyer accounts. Final 12 months, the corporate additionally began accepting orders for US inventory.
The board of the Rakuten Group additionally agreed to make Rakuten Securities a public firm, however the course of remains to be ongoing. Rakuten Securities Holdings and Mizuho Securities enter right into a strategic capital and enterprise alliance.
For the monetary 12 months 2023, which resulted in March, Rakuten Securities posted an annual income of JPY 96.7 billion, up from JPY 89.2 billion within the earlier 12 months. The web working income additionally jumped to JPY 91.7 billion. The working revenue and odd revenue for the fiscal got here in at JPY 19.5 billion and JPY 19.2 billion, respectively. The corporate closed the fiscal netting JPY 11.3 billion, greater than JPY 7.2 billion within the earlier 12 months.
In the meantime, fraudsters are additionally impersonating the Rakuten Securities platform. The Hong Kong subsidiary of the Japanese dealer just lately warned towards impersonators who use the corporate’s identify, brand and call particulars to solicit merchants to open buying and selling accounts.
Rakuten Securities, part of the Japanese conglomerate Rakuten Group, launched its outcomes for the three months between January and March, reporting a yearly uptick throughout all main parameters. It closed the quarter with a web revenue of over JPY 3.8 billion, a year-over-year uptick of 123 %.
The official outcomes additional revealed the working income of the monetary providers division to be JPY 24.6 billion in comparison with JPY 23.3 billion within the comparable months a 12 months in the past. Furthermore, the online income got here in about 5 % greater at JPY 23.3 billion.
The working revenue of the Rakuten Group subsidiary for the quarter got here in at JPY 5.9 billion, greater than JPY 3.7 billion a 12 months in the past. Abnormal revenue additionally got here in at JPY 5.7 billion, about 68 % greater. Its buying and selling revenue additionally improved marginally to JPY 5.5 billion.
A Main Japanese Dealer
Rakuten Securities is among the oldest and largest retail brokerages in Japan. It has greater than 8 million normal securities buyer accounts. Final 12 months, the corporate additionally began accepting orders for US inventory.
The board of the Rakuten Group additionally agreed to make Rakuten Securities a public firm, however the course of remains to be ongoing. Rakuten Securities Holdings and Mizuho Securities enter right into a strategic capital and enterprise alliance.
For the monetary 12 months 2023, which resulted in March, Rakuten Securities posted an annual income of JPY 96.7 billion, up from JPY 89.2 billion within the earlier 12 months. The web working income additionally jumped to JPY 91.7 billion. The working revenue and odd revenue for the fiscal got here in at JPY 19.5 billion and JPY 19.2 billion, respectively. The corporate closed the fiscal netting JPY 11.3 billion, greater than JPY 7.2 billion within the earlier 12 months.
In the meantime, fraudsters are additionally impersonating the Rakuten Securities platform. The Hong Kong subsidiary of the Japanese dealer just lately warned towards impersonators who use the corporate’s identify, brand and call particulars to solicit merchants to open buying and selling accounts.
