coin-img-BTCBTC-0.65%coin-img-SOLSOL-0.78%coin-img-USDCUSDC+0.03%coin-img-XRPXRP-1.15%coin-img-HYPEHYPE+2.48%coin-img-TRXTRX+0.24%coin-img-ADAADA-0.52%coin-img-ETHETH-0.77%coin-img-BTCBTC-0.65%coin-img-SOLSOL-0.78%coin-img-USDCUSDC+0.03%coin-img-XRPXRP-1.15%coin-img-HYPEHYPE+2.48%coin-img-TRXTRX+0.24%coin-img-ADAADA-0.52%coin-img-ETHETH-0.77%coin-img-BTCBTC-0.65%coin-img-SOLSOL-0.78%coin-img-USDCUSDC+0.03%coin-img-XRPXRP-1.15%coin-img-HYPEHYPE+2.48%coin-img-TRXTRX+0.24%coin-img-ADAADA-0.52%coin-img-ETHETH-0.77%coin-img-BTCBTC-0.65%coin-img-SOLSOL-0.78%coin-img-USDCUSDC+0.03%coin-img-XRPXRP-1.15%coin-img-HYPEHYPE+2.48%coin-img-TRXTRX+0.24%coin-img-ADAADA-0.52%coin-img-ETHETH-0.77%
user-avatar
japantimes.co.jp

Daiwa posts 13-year high quarterly profit as equity trading revenue hits record ¥28.7 billion

AI Market Summary
Daiwa reported fiscal Q1 net income up 81% to a 13-year high, driven by record equity trading revenue (+84%) and strength in fixed income, investment banking, and wealth management. The results reinforce that elevated volatility and active client trading have supported broker earnings, though management flagged a slower start to the current quarter and Europe posted a pretax loss tied to geopolitical risk and weaker M&A.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-0.32%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Daiwa Securities Group said fiscal first-quarter net income rose 81% year on year to ¥56.4 billion for the period ended June 30, the highest level in 13 years. The result beat the average estimate of five analysts and was driven by a surge in equity trading. Equity trading revenue jumped 84% to a record ¥28.7 billion, while fixed-income and investment banking revenue rose 51% and 31%. The stock is up 29% so far this year.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Stocks

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.