Invast Securities Reports Weaker Japanese Revenues in Q3 FY2017

The international performance of Invast Securities showed more positive signs than its domestic market in Q3 FY2017.

Japanese brokerage group Invast Securities today disclosed its financial metrics for Q3 of the fiscal year ending March 30, 2017. The report shows that although Invast faced difficulties with decreased revenues in its domestic business, overseas revenues and income increased and began to make a positive contribution to the firm’s bottom line.

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Deposited assets and trade volume at Invast both increased significantly due to the provision of the narrowest spread in the industry such as $/¥0.003, but trading profit and loss decreased due to a decline in profitability stemming from the reduced spread (-3.6% year-on-year). The Australian subsidiary IFS continued to increase deposited assets and operating revenue in the third quarter.

Invast Securities
Invast Securities

In actual number numbers for the period, Invast reported its operating revenue at ¥2.5 billion (down 10.1% year-on-year), and a loss of ¥207 million was recorded for ordinary income. Net losses attributable to the owners totaled ¥192 million in Q3 FY2017.

Invast Securities
Invast Securities

Contributing to the expenses was the introduction of new value-added services such as TriAuto FX ‘Range Focus’ and ST24 ‘Full Auto’, bringing advertising expenses to ¥223 million in the third quarter. In addition, fixed expenses increased due to the introduction of a minimum fixed monthly fee in the review of the fee system for the technology provider Tradency.

Invast Securities ST24 Full Auto
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