Imamura Securities Q1 Net Profit Nearly Quadruples to ¥528 Million as Brokerage Revenue Surges 81%

Imamura Securities Co., Ltd. (TSE: 7175), the largest securities brokerage in Japan's Hokuriku region and based in Kanazawa, reported non-consolidated first-quarter results for the year ending March 31, 2027 under Japanese GAAP. Operating revenue surged 80.6% to ¥1,783 million and net operating revenue rose 80.5% to ¥1,775 million, while operating profit more than quadrupled — up 307.8% to ¥739 million — ordinary profit rose 278.5% to ¥776 million, and net profit rose 286.5% to ¥528 million. Basic earnings per share were ¥103.34, up from ¥26.74.

Buoyant markets drive a record quarter

The dramatic gains reflect strong equity markets and brisk retail client activity, which lifted brokerage commissions and trading revenue across the firm's Hokuriku branch network. Costs rose far more slowly than revenue, so profit growth vastly outpaced the top line.

Well-capitalized

Total assets were ¥26,488 million and net assets ¥13,657 million, an equity ratio of 51.6%; book value per share was ¥2,669.14. The regulatory capital-adequacy ratio stood at a comfortable 666.1%, far above the 120% supervisory threshold.

No guidance, dividend undecided

Because brokerage earnings swing sharply with market conditions, Imamura does not disclose full-year profit guidance, providing quarterly and full-year flash figures instead. Its FY3/2027 dividend forecast is undetermined; the company paid ¥73.00 per share for the year just ended (¥20.00 interim plus ¥53.00 year-end).

JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.