The two major online securities companies' financial results for the period from April to December last year showed an increase in both revenue and profits due to factors such as an increase in the number of people opening accounts ahead of the NISA expansion.
According to the financial results for the nine months from April to December of last year announced by SBI Securities, the largest online securities company, on the 7th,
net operating revenue, which corresponds to sales, increased by 16.9% from the same period last year to 1,368. In addition to reaching a record high of 100 million yen,
final profit also increased by 21% to 36.2 billion yen, resulting in increased sales and profits.
This is due to an increase in the number of people opening NISA accounts before last month's expansion of NISA, which has increased the income earned from investment trust management and management, as well as the ability to make transactions using cash or stocks as collateral for more than the funds on hand. This was mainly due to an increase in income from credit trading.
At a press conference, Hideyuki Katsuji, managing director of parent company SBI Holdings, said, ``The number of customers is increasing at an accelerating pace thanks to the elimination of trading commissions for Japanese stocks last fall and the expansion of NISA.The first step is to have customers open an account. I would like to have them engage in various transactions and generate profits."
On the other hand, Rakuten Securities'
net operating revenue from April to December last year increased by 20.7% to 82.4 billion yen, and
final profit increased by 80.2% to 13.5 billion yen, both of which were record highs.
The two major online securities companies have been able to generate profits from the increase in the number of customers backed by the expansion of NISA, and both have secured increases in sales and profits.