Company Profile For Daiwa Securities Group Inc.

Daiwa Securities Group Inc. (8601.T) (Tokyo Stock Exchange)

sector: Financials · industry: Investment Services ·

As of 11:30am IST

439JPY

Price Change

-7

Percent Change

-1.57%

Analyst Recommendations

Overview

Daiwa Securities Group Inc. is a Japan-based security company engaged in the securities, investment, financing and service businesses. The Company, comprised of 44 consolidated subsidiaries and six associated companies, is engaged in the trading and brokerage of securities and derivatives, as well as the underwriting, sale, offering and private offering of securities. It is also involved in the investment trust, information service, real estate leasing, venture capital, financing and clerical service businesses. The Company has operations in both domestic and overseas financial markets, including Japan, North America, Europe, Asia and Oceania. Daiwa Securities Group has a global network.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Daiwa Securities Group Inc.'s revenues decreased 20% to Y237.75B. The Company's net income totaled Y19.86B, vs. a loss of Y14.64B. Revenues reflect lower income due to the decreased interest & dividend income. The Company's net income benefits from the decreased loss on valuation of investment in securities, as well as the absence of Y2.18B loss on disposal of accounts receivables.