Message from Management
This is the final year of the three-year medium-term business plan "Passion for the Best" 2020 (hereinafter "medium-term plan"), which was started by the Group in April 2018.
The domestic stock market in FY2019 was extremely volatile due to concerns over US-China trade problems and the spread of COVID-19 infections.
In this environment, the Group's consolidated business results were net operating income of 426.2 billion yen, ordinary income of 70.2 billion yen, and net income attributable to the parent company, which represents the final profit, of 60.3 billion yen, with a full-year dividend of 20 yen per share. (Interim dividend of 11 yen, year-end dividend of 9 yen).
As one of the basic policies of the medium-term plan, "Providing high value-added solutions with quality-leading consulting capabilities", "the Daiwa Securities version of NPS®" was introduced to all branches in the retail division. By addressing the needs for asset formation, the inheritance measures, and the needs for business succession that have become apparent in the 100-year era of our lives, we will strive to realize a customer-oriented approach.
In addition, aiming to "provide new value as an integrated securities group with a hybrid business model", last fiscal year we invested in providing solutions to elderly customers (* 1), development of next-generation financial services (* 2), expansion of real estate asset management business (* 3), and expansion of financial advisory business specialized in the renewable energy (* 4).
As a response to the recent COVID-19 related crisis, work style reform and digitization are accelerating globally, and the society as a whole is about to change. Now, at a historical turning point, as a "pioneer of the financial and capital markets that creates the future," we will contribute to realize a sustainable and prosperous society and people's lives.
We would like to express our deepest appreciation to our shareholders for your continued support.
Daiwa Securities Group Inc.
President and CEO,
- *1Making Good Time Living a subsidiary that operates nursing homes
- *2Capital and business alliance with Credit Saison
- *3Capital and business alliance with SAMTY
- *4Investment in Green Giraffe Advisory B.V.
- (note)NPS® is a registered trademark of Bain & Company, Inc., Fred Reichheld and Satmetrix Systems, Inc.