GMO Click has reported its Q3 financial report for the fiscal year ending March 31st, 2015. During the quarter, Operating Revenue rose to 9.6% to ¥17.436 billion ($147 million) from ¥15.902 billion in the same period in 2013. Operating Net Income rose 40% to ¥3.622 billion ($30 million) from ¥2.583 billion.

During the quarter, GMO Click also reported rising asset levels, with Total Assets increasing 14.2% to ¥403.408 billion. Net Assets though were more or less flat as they increased less than 0.2% to ¥19.784 billion. However, despite the increase in Net Assets, the online broker’s capital adequacy ratio declined to 4.7% at the end of Q3 from 5.3% in the same period a year before.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Commenting about the increase in revenues and income, GMO Click partially attributed it to account expansion as they ran “trading commission free campaigns” for physical transaction and margin trading, as well as other promotions for their forex business. The period was also noted as experiencing a surge in yen volatility which led the Japanese forex industry to have its most active quarter since Q2 2013.  GMO Click itself benefited as it saw forex related volumes hit record levels, as they cleared 100 trillion yen in trading in each of the last three months of 2014.