Do not invest more money than you can afford to lose.
Japanese forex brokerage group GMO Click Holdings reported on Monday its consolidated net profit increased 38% on the year to nearly JPY 5.0 billion in the first nine months of fiscal year 2015/16, ending 31 March, 2015.
The group handled 427,276 forex trading accounts as at the end of 2015 and 279,169 securities trading accounts, which represents an increase of 8.4% and 14.1%, respectively, compared to 31 March, 2015, when the previous fiscal year ended.
The group’s revenue amounted to JPY 22.3 billion in April-December 2015, which is an increase of 28% from a year earlier. As the group has reported earlier, in January its preliminary consolidated operating revenue increased by 5.9% over the month to nearly JPY 2.7 billion. It published at the time monthly data about the first nine months of the current fiscal year, as well.
According to the brokerage, the Japanese forex and stock markets were affected by the economic slowdown of emerging countries and the decline of crude oil’s price. Although the Japanese economy showed signs of recovery in the first half of 2015, the collapse of the Chinese stock market in August has created uncertainty about the whole financial market.
Meanwhile, Monex Group, another Japanese-based forex brokerage group, saw its consolidated after-tax profit jumping by more than 69% to nearly JPY 3.2 billion in the April-December 2015 period, while its revenue totaled JPY 42.9 billion.
GMO Click Holdings is the holding company of the GMO Click group, consisting of Japanese-based GMO Click Securities and FX Prime by GMO Corp., Hong Kong-based GMO-Z.com Forex HK and GMO-Z.com Bullion HK, and London-based GMO-Z.com Trade UK.
Source: GMO Click Holdings
