MATSUI SECURITIES : Financial summary for the 1Q FY2016 is updated(79KB)

Non-Consolidated Financial Summary under Japanese GAAP For the Three Months Ended June 30, 2016

Non-Consolidated Financial Summary under Japanese GAAP For the Three Months Ended June 30, 2016

Date: July 26, 2016

Company name (Stock code): Matsui Securities Co., Ltd. (8628) Stock exchange listing: Tokyo

（URLhttp://www.matsui.co.jp/ir/en/index.html）

Representative: Michio Matsui: President and Chief Executive Officer Planned date of filing of quarterly securities report: August 12, 2016

Planned date of dividends payment: －

Note: All figures in the financial statements are rounded off to the nearest millionth.

1．Non-Consolidated financial summary for the three months ended June 30, 2016

1. Operating results

   	Operating revenues	Net operating revenues	Operating income	Ordinary income
   Three months ended June 30, 2016 Three months ended June 30, 2015	Millions Yr/Yr ( ) ( ) of Yen % change 7,463 (19.2) 9,236 23.3	Millions Yr/Yr ( ) ( ) of Yen % change 7,212 (17.9) 8,788 21.4	Millions Yr/Yr ( ) ( ) of Yen % change 4,028 (33.0) 6,017 29.9	Millions Yr/Yr ( ) ( ) of Yen % change 4,084 (32.6) 6,059 29.1

   Net income	Earnings/ Share	Fully diluted earnings/ share
   Three months ended June 30, 2016 Three months ended June 30, 2015	Millions Yr/Yr ( ) ( ) of Yen % change 2,828 (30.4) 4,066 38.9	(Yen) 11.02 15.84	(Yen) 11.01 15.84

   	Total assets	Net assets	Equity ratio	Net assets /share
   As of June 30, 2016	(Millions of Yen)	(Millions of Yen)	(%)	(Yen)
   	627,031	89,751	14.3	349.42
   As of March 31, 2016	663,425	92,718	14.0	361.01

2. Financial position

Net assets - Stock acquisition rights :

As of June 30, 2016 89,706 million yen As of March 31, 2016 92,681 million yen

2．Dividends

	Dividends per share
First quarter	Second quarter	Third quarter	Forth quarter	Total
Year ended March 31, 2016	(Yen) －	(Yen) 25.00	(Yen) －	(Yen) 20.00	(Yen) 45.00
Year ends March 31, 2017	－
Year ends March 31, 2017 (estimation)	－	－	－	－

3．Forecast of business results

The business results of securities brokerage companies depend on the market situation considerably, which makes it difficult to forecast the future business results. Accordingly, the Company does not issue such forecast while it discloses its monthly business information instead of such forecasts.

4．Other information

1. Adoption of the simplified accounting policies and typical accounting procedures for preparation of the quarterly non-consolidated financial statements: None

2. Changes in accounting policies, accounting estimates and restatement of corrections for the non-consolidated financial statements

3. Changes due to amendment of accounting standards: None

4. Changes due to other changes than above: None

5. Changes in accounting estimates: None

6. Restatement of corrections: None

7. Number of shares outstanding (common stock)

8. Number of shares outstanding including treasury stock As of June 30, 2016 259,264,702 shares

   As of March 31, 2016 259,264,702 shares

9. Number of treasury stock

   As of June 30, 2016 2,533,314 shares

   As of March 31, 2016 2,533,314 shares

10. Average number of shares outstanding

    For the three months ended June 30, 2016 256,731,388 shares For the three months ended June 30, 2015 256,731,457 shares

    Note:

    Review on the quarterly financial results by the Independent Auditor has not been completed.

    Notice to readers:

    The accompanying non-consolidated financial statements of the Company are prepared on the basis of accounting principles generally accepted in Japan, which are different in certain respects as to application and disclosure requirements of International Financial Reporting Standards.

    Non-Consolidated Financial Statements

11. Non-Consolidated Balance Sheets

    Assets

    Current Assets

    (Millions of Yen)

    March 31, 2016 June 30, 2016

    Cash and bank deposits	26,569	22,993
    Cash segregated as deposits	375,812	371,612
    Cash in trust	4,596	4,650
    Trading assets:	1,817	1,835
    Trading securities and others	0	0
    Derivatives	1,817	1,835
    Net receivables arising from pre-settlement date trades	17	86
    Margin account assets:	232,043	209,312
    Loans receivable from customers	228,152	206,137
    Cash deposited as collateral for
    securities borrowed from securities finance companies	3,890	3,175

    Receivables on collateralized securities

    transactions: 7,8691,561

    Cash deposits collateral for securities

    borrowed 7,869 1,561

    Receivables from customers and others	23	124
    Advance paid for subscription	―	1
    Short-term guarantee deposits	2,166	3,317
    Others	4,312	3,958
    Allowance for doubtful accounts	(7)	(94)
    Total current assets	655,217	619,356
    Fixed assets
    Tangible fixed assets	953	926
    Intangible assets:	2,999	2,980
    Software	2,999	2,980
    Others	0	0
    Investments and others:	4,256	3,769
    Investment securities	3,119	2,154
    Others	2,486	3,316
    Allowance for doubtful accounts	(1,348)	(1,701)
    Total fixed assets	8,208	7,675
    Total assets	663,425	627,031

    Liabilities

    Current liabilities

    (Millions of Yen)

    March 31, 2016 June 30, 2016

    Trading liabilities:	458	230
    Derivatives	458	230
    Margin account liabilities:	35,793	21,484
    Loans from securities finance
    companies	5,452	3,316
    Proceeds of securities sold on customers' account	30,341	18,168
    Payables on collateralized securities transactions:	14,838	8,462
    Cash deposits as collateral for securities loaned	14,838	8,462
    Deposits received	200,271	205,962
    Guarantee money received	182,641	183,818
    Suspense account for undelivered securities	44	―
    Short-term borrowings	128,050	111,050
    Accrued income taxes	3,551	1,264
    Accrued bonuses	248	47
    Others	1,258	1,407
    Total current liabilities	567,151	533,724

    Long-term liabilities

    Reserve for retirement bonuses for

    directors and auditors Others	3	3
    Total long-term liabilities	208	208

    204 204

    Statutory reserves

    Reserve for financial products

    transaction liabilities 3,349 3,349

    Total statutory reserves	3,349	3,349
    Total liabilities	570,707	537,281

    Net assets

    Shareholders' equity Common stock	11,945	11,945
    Capital surplus	9,793	9,793
    Earned surplus	70,793	68,487
    Treasury stock	(1,915)	(1,915)
    Total shareholders' equity	90,616	88,309

    Valuation and translation adjustments

    Net unrealized gain (loss) on

    investment securities, net of taxes 2,066 1,397

    Total valuation and translation

    adjustments 2,066 1,397

    Stock acquisition rights	37	45
    Total net assets	92,718	89,751
    Total liabilities and net assets	663,425	627,031

12. Non-Consolidated Statement of Income

    (Millions of Yen)

    Operating revenues

    Three months ended June 30, 2015

    Three months ended June 30, 2016

    Commissions 5,880 4,572

    Brokerage commissions 5,566 4,308 Commission for underwriting, secondary

    distribution and solicitation for selling and 0 ―

    others for professional investors

    Fee for offering, secondary distribution and

    solicitation for selling and others for 0 0

    professional investors

    Others 313 265

    Net gain (loss) on trading 2 1

    Interest and dividend income 3,353 2,889

    Other operating revenues 1 1

    Total operating revenues 9,236 7,463

    Interest expenses 448 251

    Net operating revenues 8,788 7,212 Selling, general and administrative expenses

    Transaction related expenses 1,197 1,067

    Employees' compensation and benefits 517 559

    Occupancy and rental 227 226

    Data processing and office supplies 442 439

    Depreciation 280 312

    Duties and taxes other than income taxes 80 104

    Provision of allowance for doubtful accounts (11) 441

    Others 39 37

    expenses Operating income	2,771 6,017	3,184 4,028
    Non-operating income
    Dividend income	40	55
    Others	3	2
    Total non-operating income	43	56
    Non-operating expenses Others	0	1
    Total non-operating expenses	0	1
    Ordinary income	6,059	4,084
    Special profits
    Gain on sales of investment securities	181	―
    Total special profits	181	―

    Total selling, general and administrative

    Special losses

    Provision for statutory reserves 170 ―

    Loss on sales and disposals of property and

    equipment 1 ―

    Total Special losses	171	―
    Income before income taxes	6,069	4,084
    Income taxes - current	1,725	1,191
    Income taxes - deferred	278	64
    Income taxes	2,003	1,255
    Net income	4,066	2,828

13. Notes on quarterly financial statements

14. (Notes on Going-Concern Uncertainties) No relevant items.

    (Notes on the Significant Change in Net Assets) No relevant items.