Daiwa Securities (8601.JP) announced its results for the fiscal year ended March 2025. Operating revenue rose 7% YoY to JPY1.468 trillion, while net profit attributable to owners increased 13.5% YoY to JPY175.281 billion. EPS was JPY126.04. Return on equity (ROE) improved 0.5 ppts YoY to 10.3%.The company declared a final dividend of JPY35. Together with an interim dividend of JPY29, total full-year dividends amounted to JPY64, representing an increase of approximately 14% YoY. The payout ratio was 50.8%, compared with 51.1% in FY2024. The company expects full-year dividends for FY2026 to be JPY44. (ss/u)
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