Half-year report · HY

Period2025-04-01 → 2025-09-30

Filed2025-11-28

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 124

Metric	Value	Period	Scope	Source row
Ordinary income	¥1.75T	2025-04-01 → 2025-09-30	Cons.	Ordinary income
Ordinary income	¥2.67T	2024-04-01 → 2025-03-31	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.76T	2024-04-01 → 2024-09-30	Cons.	Ordinary income
Ordinary income	¥2.13T	2023-04-01 → 2024-03-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.28T	2023-04-01 → 2023-09-30^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥1.77T	2025-04-01 → 2025-09-30	Cons.	Income before income taxes
Profit before tax	¥1.74T	2024-04-01 → 2024-09-30	Cons.	Income before income taxes
Net income (owners)	¥1.29T	2025-04-01 → 2025-09-30	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥1.86T	2024-04-01 → 2025-03-31	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥1.26T	2024-04-01 → 2024-09-30	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥1.49T	2023-04-01 → 2024-03-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥927.3bn	2023-04-01 → 2023-09-30^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥1.36T	2025-04-01 → 2025-09-30	Cons.	Profit loss
Net income	¥1.31T	2024-04-01 → 2024-09-30	Cons.	Profit loss
Total assets	¥404.32T	at 2025-09-30	Cons.	Assets
Total assets	¥413.11T	at 2025-03-31	Cons.	Assets
Total assets	¥399.06T	at 2024-09-30	Cons.	Total assets (5-year summary)
Total assets	¥403.70T	at 2024-03-31^v	Cons.	Total assets (5-year summary)
Total assets	¥398.18T	at 2023-09-30^d	Cons.	Total assets (5-year summary)
Total liabilities	¥382.08T	at 2025-09-30	Cons.	Liabilities
Total liabilities	¥391.39T	at 2025-03-31	Cons.	Liabilities
Net assets / equity	¥22.24T	at 2025-09-30	Cons.	Net assets
Net assets / equity	¥21.73T	at 2025-03-31	Cons.	Net assets
Net assets / equity	¥21.68T	at 2024-09-30	Cons.	Net assets
Net assets / equity	¥20.75T	at 2024-03-31^v	Cons.	Net assets
Net assets / equity	¥19.62T	at 2023-09-30^d	Cons.	Net assets (5-year summary)
Cash & equivalents	¥94.09T	at 2025-09-30	Cons.	Cash and cash equivalents
Cash & equivalents	¥109.10T	at 2025-03-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥108.00T	at 2024-09-30	Cons.	Cash and cash equivalents
Cash & equivalents	¥109.88T	at 2024-03-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥108.63T	at 2023-09-30^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥15.37T	2025-04-01 → 2025-09-30	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥6.4bn	2024-04-01 → 2025-03-31	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥5.96T	2024-04-01 → 2024-09-30	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥9.84T	2023-04-01 → 2024-03-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥12.54T	2023-04-01 → 2023-09-30^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	¥760.9bn	2025-04-01 → 2025-09-30	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥186.9bn	2024-04-01 → 2025-03-31	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥4.10T	2024-04-01 → 2024-09-30	Cons.	Net cash provided by used in investment activities
Investing cash flow	¥3.99T	2023-04-01 → 2024-03-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥5.19T	2023-04-01 → 2023-09-30^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥152.5bn	2025-04-01 → 2025-09-30	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥861.1bn	2024-04-01 → 2025-03-31	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥121.1bn	2024-04-01 → 2024-09-30	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥8.3bn	2023-04-01 → 2024-03-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥372.3bn	2023-04-01 → 2023-09-30^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥113.06	2025-04-01 → 2025-09-30	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥160.01	2024-04-01 → 2025-03-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥107.69	2024-04-01 → 2024-09-30	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥124.64	2023-04-01 → 2024-03-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥77.11	2023-04-01 → 2023-09-30^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥112.77	2025-04-01 → 2025-09-30	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥159.47	2024-04-01 → 2025-03-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥107.57	2024-04-01 → 2024-09-30	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥124.32	2023-04-01 → 2024-03-31^v	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥76.89	2023-04-01 → 2023-09-30^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥1,834.27	at 2025-09-30	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,783.36	at 2025-03-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,754.77	at 2024-09-30	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,670.44	at 2024-03-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,540.07	at 2023-09-30^d	Cons.	Net assets per share (5-year summary)
Equity ratio	5.2%	at 2025-09-30	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	5.0%	at 2025-03-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	5.1%	at 2024-09-30	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	4.9%	at 2024-03-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	4.7%	at 2023-09-30^d	Cons.	Equity to asset ratio (5-year summary)
Employees	167,176	at 2025-09-30	Cons.	Number of employees
Employees	156,253	at 2025-03-31	Cons.	Number of employees
Employees	158,132	at 2024-09-30	Cons.	Number of employees
Employees	145,412	at 2024-03-31^v	Cons.	Number of employees
Employees	142,056	at 2023-09-30^d	Cons.	Number of employees
Revenue	¥751.5bn	2025-04-01 → 2025-09-30	Standalone	Operating revenue1
Revenue	¥1.34T	2024-04-01 → 2025-03-31	Standalone	Operating revenue1 (5-year summary)
Revenue	¥707.0bn	2024-04-01 → 2024-09-30	Standalone	Operating revenue1
Revenue	¥809.8bn	2023-04-01 → 2024-03-31^v	Standalone	Operating revenue1 (5-year summary)
Revenue	¥198.4bn	2023-04-01 → 2023-09-30^d	Standalone	Operating revenue1 (5-year summary)
Operating income	¥724.2bn	2025-04-01 → 2025-09-30	Standalone	Operating income
Operating income	¥681.5bn	2024-04-01 → 2024-09-30	Standalone	Operating income
Ordinary income	¥712.6bn	2025-04-01 → 2025-09-30	Standalone	Ordinary income
Ordinary income	¥1.29T	2024-04-01 → 2025-03-31	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥679.2bn	2024-04-01 → 2024-09-30	Standalone	Ordinary income
Ordinary income	¥756.3bn	2023-04-01 → 2024-03-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥170.5bn	2023-04-01 → 2023-09-30^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥712.5bn	2025-04-01 → 2025-09-30	Standalone	Income before income taxes
Profit before tax	¥679.2bn	2024-04-01 → 2024-09-30	Standalone	Income before income taxes
Net income	¥712.7bn	2025-04-01 → 2025-09-30	Standalone	Profit loss
Net income	¥1.28T	2024-04-01 → 2025-03-31	Standalone	Net income loss (5-year summary)
Net income	¥675.2bn	2024-04-01 → 2024-09-30	Standalone	Profit loss
Net income	¥749.4bn	2023-04-01 → 2024-03-31^v	Standalone	Net income loss (5-year summary)
Net income	¥168.5bn	2023-04-01 → 2023-09-30^d	Standalone	Net income loss (5-year summary)
Total assets	¥23.43T	at 2025-09-30	Standalone	Assets
Total assets	¥22.12T	at 2025-03-31	Standalone	Assets
Total assets	¥22.50T	at 2024-09-30	Standalone	Total assets (5-year summary)
Total assets	¥23.92T	at 2024-03-31^v	Standalone	Total assets (5-year summary)
Total assets	¥23.97T	at 2023-09-30^d	Standalone	Total assets (5-year summary)
Total liabilities	¥14.76T	at 2025-09-30	Standalone	Liabilities
Total liabilities	¥13.46T	at 2025-03-31	Standalone	Liabilities
Net assets / equity	¥8.67T	at 2025-09-30	Standalone	Net assets
Net assets / equity	¥8.66T	at 2025-03-31	Standalone	Net assets
Net assets / equity	¥8.65T	at 2024-09-30	Standalone	Net assets
Net assets / equity	¥8.32T	at 2024-03-31^v	Standalone	Net assets
Net assets / equity	¥8.39T	at 2023-09-30^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥356.4bn	at 2025-09-30	Standalone	Cash and deposits
Cash and deposits	¥353.1bn	at 2025-03-31	Standalone	Cash and deposits
Dividend per share	¥35	2025-04-01 → 2025-09-30	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥64	2024-04-01 → 2025-03-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥25	2024-04-01 → 2024-09-30	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥41	2023-04-01 → 2024-03-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥20.5	2023-04-01 → 2023-09-30^d	Standalone	Dividend paid per share (5-year summary)
Equity ratio	37.0%	at 2025-09-30	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	39.1%	at 2025-03-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	38.4%	at 2024-09-30	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	34.8%	at 2024-03-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	35.0%	at 2023-09-30^d	Standalone	Equity to asset ratio (5-year summary)
Shares issued	12,067,710,920	at 2025-09-30	Standalone	Total number of issued shares (5-year summary)
Shares issued	12,067,710,920	at 2025-03-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	12,337,710,920	at 2024-09-30	Standalone	Total number of issued shares (5-year summary)
Shares issued	12,337,710,920	at 2024-03-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	12,687,710,920	at 2023-09-30^d	Standalone	Total number of issued shares (5-year summary)
Employees	3,532	at 2025-09-30	Standalone	Number of employees
Employees	3,463	at 2025-03-31	Standalone	Number of employees
Employees	3,410	at 2024-09-30	Standalone	Number of employees
Employees	3,321	at 2024-03-31^v	Standalone	Number of employees
Employees	3,170	at 2023-09-30^d	Standalone	Number of employees

Periods use the dates stated in the filing. ^d = earlier-year period dated by calendar; ^v = that date confirmed by the company's own earlier filing.

Segments · 2

Segment	Item	Period	Value
Japanese Corporate And Investment Banking Business Groupgeography candidate	depreciation	2025-04-01 → 2025-09-30	¥19.4bn
Japanese Corporate And Investment Banking Business Groupgeography candidate	depreciation	2024-04-01 → 2024-09-30	¥20.4bn

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,370

Item	Context	Value	Unit
Net decrease increase in foreign exchanges assets ope cfbnk	InterimDuration	-59360000000	JPY
Net increase decrease in foreign exchanges liabilities ope cfbnk	Prior1InterimDuration	197331000000	JPY
Net increase decrease in foreign exchanges liabilities ope cfbnk	InterimDuration	-279434000000	JPY
Net increase decrease in short term corporate bonds ope cfbnk	Prior1InterimDuration	169652000000	JPY
Net increase decrease in short term corporate bonds ope cfbnk	InterimDuration	-182986000000	JPY
Increase decrease in straight bonds issuance and redemption ope cfbnk	Prior1InterimDuration	-2197894000000	JPY
Increase decrease in straight bonds issuance and redemption ope cfbnk	InterimDuration	667035000000	JPY
Net increase decrease in borrowed money from trust account ope cfbnk	Prior1InterimDuration	-2111194000000	JPY
Net increase decrease in borrowed money from trust account ope cfbnk	InterimDuration	-1052766000000	JPY
Proceeds from fund management ope cfbnk	Prior1InterimDuration	4393475000000	JPY
Proceeds from fund management ope cfbnk	InterimDuration	4124317000000	JPY
Payments for finance ope cfbnk	Prior1InterimDuration	-2878344000000	JPY
Payments for finance ope cfbnk	InterimDuration	-2720440000000	JPY
Other net ope cf	Prior1InterimDuration	1520118000000	JPY
Other net ope cf	InterimDuration	-1530459000000	JPY
Subtotal ope cf	Prior1InterimDuration	-5775638000000	JPY
Subtotal ope cf	InterimDuration	-15157075000000	JPY
Income taxes paid ope cf	Prior1InterimDuration	-310975000000	JPY
Income taxes paid ope cf	InterimDuration	-272734000000	JPY
Income taxes refund ope cf	Prior1InterimDuration	130436000000	JPY
Income taxes refund ope cf	InterimDuration	63113000000	JPY
Net cash provided by used in operating activities	Prior1InterimDuration	-5956177000000	JPY
Net cash provided by used in operating activities	InterimDuration	-15366696000000	JPY
Purchase of securities inv cfbnk	Prior1InterimDuration	-50230667000000	JPY
Purchase of securities inv cfbnk	InterimDuration	-58428062000000	JPY
Proceeds from sales of securities inv cfbnk	Prior1InterimDuration	26998105000000	JPY
Proceeds from sales of securities inv cfbnk	InterimDuration	39615984000000	JPY
Proceeds from redemption of securities inv cfbnk	Prior1InterimDuration	27444063000000	JPY
Proceeds from redemption of securities inv cfbnk	InterimDuration	20110848000000	JPY
Increase in money held in trust inv cfbnk	Prior1InterimDuration	-797231000000	JPY
Increase in money held in trust inv cfbnk	InterimDuration	-753043000000	JPY
Decrease in money held in trust inv cfbnk	Prior1InterimDuration	955689000000	JPY
Decrease in money held in trust inv cfbnk	InterimDuration	590349000000	JPY
Purchase of property plant and equipment inv cf	Prior1InterimDuration	-61337000000	JPY
Purchase of property plant and equipment inv cf	InterimDuration	-181368000000	JPY
Purchase of intangible assets inv cf	Prior1InterimDuration	-158948000000	JPY
Purchase of intangible assets inv cf	InterimDuration	-195656000000	JPY
Proceeds from sales of property plant and equipment inv cf	Prior1InterimDuration	48085000000	JPY
Proceeds from sales of property plant and equipment inv cf	InterimDuration	37229000000	JPY
Proceeds from sales of intangible assets inv cf	Prior1InterimDuration	4000000	JPY
Proceeds from sales of intangible assets inv cf	InterimDuration	113000000	JPY
Purchase of investments in subsidiaries resulting in change in scope of consolidation inv cf	Prior1InterimDuration	-100014000000	JPY
Purchase of investments in subsidiaries resulting in change in scope of consolidation inv cf	InterimDuration	-35072000000	JPY
Payments for sales of investments in subsidiaries resulting in change in scope of consolidation inv cf	Prior1InterimDuration	-1988000000	JPY
Payments for sales of investments in subsidiaries resulting in change in scope of consolidation inv cf	InterimDuration	－	JPY
Other net inv cf	Prior1InterimDuration	4662000000	JPY
Other net inv cf	InterimDuration	-406000000	JPY
Net cash provided by used in investment activities	Prior1InterimDuration	4100422000000	JPY
Net cash provided by used in investment activities	InterimDuration	760915000000	JPY
Increase in subordinated borrowings fin cfbnk	Prior1InterimDuration	17000000000	JPY

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 24 of 24 passed

balance sheet identity	consolidated 2025-03-31	pass rounding
balance sheet identity	consolidated 2025-09-30	pass
balance sheet identity	non_consolidated 2025-03-31	pass rounding
balance sheet identity	non_consolidated 2025-09-30	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2024-03-31	pass
statement vs summary · net assets	consolidated 2024-09-30	pass
statement vs summary · net assets	consolidated 2025-03-31	pass
statement vs summary · net assets	consolidated 2025-09-30	pass
statement vs summary · net assets	non_consolidated 2024-03-31	pass
statement vs summary · net assets	non_consolidated 2024-09-30	pass
statement vs summary · net assets	non_consolidated 2025-03-31	pass
statement vs summary · net assets	non_consolidated 2025-09-30	pass
statement vs summary · net income attributable to parent	consolidated 2024-04-01/2024-09-30	pass
statement vs summary · net income attributable to parent	consolidated 2025-04-01/2025-09-30	pass
statement vs summary · operating cash flow	consolidated 2024-04-01/2024-09-30	pass
statement vs summary · operating cash flow	consolidated 2025-04-01/2025-09-30	pass
statement vs summary · revenue	non_consolidated 2024-04-01/2024-09-30	pass
statement vs summary · revenue	non_consolidated 2025-04-01/2025-09-30	pass
statement vs summary · total assets	consolidated 2025-03-31	pass
statement vs summary · total assets	consolidated 2025-09-30	pass
statement vs summary · total assets	non_consolidated 2025-03-31	pass
statement vs summary · total assets	non_consolidated 2025-09-30	pass