GMO Click Reports Increased Quarterly Revenues and Income

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.

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 Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term business. The period was also noted as experiencing a surge in yen Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term 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.