Monex Group Past Earnings Performance

Past criteria checks 4/6

Monex Group has been growing earnings at an average annual rate of 15.9%, while the Capital Markets industry saw earnings growing at 11.8% annually. Revenues have been growing at an average rate of 3.4% per year. Monex Group's return on equity is 14.2%, and it has net margins of 28.3%.

Key information

15.9%

Earnings growth rate

15.9%

EPS growth rate

Capital Markets Industry Growth	13.2%
Revenue growth rate	3.4%
Return on equity	14.2%
Net Margin	28.3%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Monex Group, Inc.'s (TSE:8698) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Nov 06

Rainbows and Unicorns: Monex Group, Inc. (TSE:8698) Analysts Just Became A Lot More Optimistic

Apr 06

Monex Group (TSE:8698) Has Announced That It Will Be Increasing Its Dividend To ¥32.00

Mar 17

Monex Group (TSE:8698) Is Increasing Its Dividend To ¥32.00

Mar 02

Monex Group, Inc.'s (TSE:8698) Popularity With Investors Is Under Threat From Overpricing

Feb 26

Revenue & Expenses Breakdown

How Monex Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:8698 Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	66,223	18,720	40,589
30 Jun 24	57,892	17,039	40,589
31 Mar 24	61,152	16,981	40,589
31 Dec 23	63,272	5,246	54,640
30 Sep 23	66,899	4,461	54,640
30 Jun 23	78,962	4,854	54,640
31 Mar 23	76,468	3,392	54,640
31 Dec 22	75,483	2,489	54,631
30 Sep 22	76,460	2,237	54,631
30 Jun 22	78,638	6,709	54,631
31 Mar 22	86,979	13,017	54,631
31 Dec 21	98,317	20,268	38,490
30 Sep 21	95,983	23,462	38,490
30 Jun 21	89,136	20,189	38,490
31 Mar 21	76,275	14,354	38,490
31 Dec 20	60,815	7,307	32,060
30 Sep 20	55,145	4,251	32,060
30 Jun 20	52,642	3,587	32,060
31 Mar 20	51,315	3,011	32,060
31 Dec 19	48,610	737	33,206
30 Sep 19	50,008	1,115	33,206
30 Jun 19	50,100	834	33,206
31 Mar 19	50,577	1,181	33,206
31 Dec 18	53,202	4,765	29,442
30 Sep 18	53,237	6,461	29,442
30 Jun 18	53,370	7,485	29,442
31 Mar 18	51,848	6,730	29,442
31 Dec 17	48,561	4,558	30,266
30 Sep 17	46,389	2,414	30,266
30 Jun 17	44,234	477	30,266
31 Mar 17	44,034	298	30,266
31 Dec 16	42,077	755	32,945
30 Sep 16	43,458	-96	32,945
30 Jun 16	47,483	2,083	32,945
31 Mar 16	49,807	3,554	32,945
31 Dec 15	50,580	4,813	30,491
30 Sep 15	51,584	7,346	30,491
30 Jun 15	48,701	4,665	30,491
31 Mar 15	45,209	3,494	30,491
31 Dec 14	43,652	2,976	21,848
30 Sep 14	43,040	3,335	21,848
30 Jun 14	43,849	5,772	21,848
31 Mar 14	50,050	10,354	21,848
31 Dec 13	51,445	13,136	18,726

Quality Earnings: 8698 has a large one-off gain of ¥15.5B impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 8698's current net profit margins (28.3%) are higher than last year (6.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 8698's earnings have grown by 15.9% per year over the past 5 years.

Accelerating Growth: 8698's earnings growth over the past year (319.6%) exceeds its 5-year average (15.9% per year).

Earnings vs Industry: 8698 earnings growth over the past year (319.6%) exceeded the Capital Markets industry 31.4%.

Monex Group Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Monex Group, Inc. to Report Q2, 2025 Results on Oct 28, 2024

First quarter 2025 earnings released: EPS: JP¥9.60 (vs JP¥9.42 in 1Q 2024)

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Monex Group, Inc. to Report Q1, 2025 Results on Jul 26, 2024

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Monex Group, Inc. to Report Fiscal Year 2024 Results on Apr 25, 2024

Recent updates

Monex Group, Inc. Launches the Open Beta Version of Monex Web3 ID

Investor sentiment improves as stock rises 26%

New minor risk - Share price stability

Monex Group, Inc.'s (TSE:8698) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Monex Group, Inc Announces Interim Dividend for the Fiscal Year Ending March 31, 2025, Payable on November 26, 2024

Monex Group, Inc Announces Special Dividend, Payable on June 2, 2025

Consensus EPS estimates fall by 13%, revenue upgraded

Price target decreased by 8.8% to JP¥880

Monex Group (TSE:8698) Has Announced A Dividend Of ¥15.00

Monex Group, Inc. to Report Q2, 2025 Results on Oct 28, 2024

Monex Group's (TSE:8698) Dividend Will Be ¥15.00

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 22%

Monex Group (TSE:8698) Has Announced A Dividend Of ¥15.00

First quarter 2025 earnings released: EPS: JP¥9.60 (vs JP¥9.42 in 1Q 2024)

Monex Group, Inc. (TSE:8698) announces an Equity Buyback for 14,000,000 shares, representing 5.43% for ¥5,000 million.

Monex Group's (TSE:8698) Dividend Will Be ¥15.00

Final dividend of JP¥15.00 announced

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Monex Group, Inc. to Report Q1, 2025 Results on Jul 26, 2024

Monex Group, Inc. Announces Executive Changes

Monex Group, Inc. Announces the Payment of Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 3, 2024

Monex Group, Inc., Annual General Meeting, Jun 22, 2024

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Monex Group, Inc. (TSE:8698) completed the acquisition of unknown majority stake in 3iQ Digital Holdings Inc.

Rainbows and Unicorns: Monex Group, Inc. (TSE:8698) Analysts Just Became A Lot More Optimistic

Price target increased by 8.7% to JP¥870

Monex Group, Inc. to Report Fiscal Year 2024 Results on Apr 25, 2024

Upcoming dividend of JP¥32.00 per share

Monex Group (TSE:8698) Has Announced That It Will Be Increasing Its Dividend To ¥32.00

Consensus EPS estimates increase by 13%

Monex Group (TSE:8698) Is Increasing Its Dividend To ¥32.00

Dividend of JP¥32.00 announced

Dividend of JP¥32.00 announced

Monex Group, Inc.'s (TSE:8698) Popularity With Investors Is Under Threat From Overpricing

Price target increased by 21% to JP¥793

Monex Group, Inc. to Report Q3, 2024 Results on Jan 31, 2024

Second quarter 2024 earnings: EPS misses analyst expectations

Monex Group, Inc. Announces Interim Dividend for the Fiscal Year Ending March 31, 2024, Effective December 1, 2023

Consensus EPS estimates fall by 14%

Price target decreased by 13% to JP¥657

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Upcoming dividend of JP¥7.80 per share at 2.7% yield

Monex Group, Inc. to Report Q2, 2024 Results on Oct 27, 2023

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

New minor risk - Earnings quality

Monex Group, Inc. to Report Q1, 2024 Results on Jul 28, 2023

Monex Group, Inc. Announces the Payment of Dividend for the Fiscal Year Ending March 31, 2023

Full year 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 19%

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Monex to Launch Margin Account Services for US Equities

Monex Group, Inc. to Report Q3, 2023 Results on Jan 30, 2023

Monex Group, Inc. (TSE:8698) acquired Selan Inc. from MT Partners Co., Ltd.

Monex Group, Inc. (TSE:8698) announces an Equity Buyback for 12,500,000 shares, representing 4.67% for ¥5,000 million.

Consensus EPS estimates increase by 12%

Monex Group, Inc. Announces Executive Changes

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 38%

Monex Group, Inc. Declares Interim Dividend for the Fiscal Year Ending March 31, 2023

Upcoming dividend of JP¥7.60 per share

Monex Group, Inc. to Report Q2, 2023 Results on Oct 28, 2022

First quarter 2023 earnings: EPS misses analyst expectations

Price target decreased to JP¥713

Monex Group, Inc. to Report Q1, 2023 Results on Jul 28, 2022

Monex Group, Inc. Announces Management Changes

Price target increased to JP¥1,200

Less than half of directors are independent