Monex Group, Inc.

Consolidated Financial Summary under IFRSs for the 1Q of the fiscal year ending March 31, 2019 (April 1,2018 - June 30, 2018)

This is an English translation for the Japanese report of the consolidated financial summary under IFRSs for the 1Q of
the fiscal year ending March 31, 2019. If there is any discrepancy between the statement in English and Japanese, theJapanese statement shall take precedence.

Basis of preparation of financial statements
The financial information included in this report is based on our un-audited consolidated financial statements for the1Q of the fiscal year ending March 31, 2019. All of those financial statements have been prepared based on IFRSs. All
financial information presented in million yen has been rounded to the nearest million.

Use of estimates and judgments
Management of Monex Group, Inc. and its subsidiaries is required to make judgments, estimates and assumptions that
affect the application of accounting policies and the reported amount of assets, liabilities, income and expenses in
preparation of financial statements in accordance with IFRSs. Actual results could differ from these estimates.
Accounting estimates and its underlying assumptions are continually reviewed. The impact of revisions to accounting
estimates is prospectively recognized in the period when the revision is made and in subsequent periods.

Monex Group, Inc. / July 20181

Consolidated Financial Summary
For the 1Q of the fiscal year ending March 31, 2019
(Millions of Yen)

Operating results (from Apr. 1, 2018 to Jun. 30, 2018):
Total revenue .........................................................................
Total expenses .......................................................................
Quarterly profit before income taxes
Income tax expense ...............................................................
Quarterly profit¥ 13,793
12,663
1,130(36)¥1,166

Quarterly profit attributable to :Owners of the Company. ....................................................
Non-controlling interests. ...................................................

¥1,196(31)(Millions of Yen)

Financial Position (as of Jun. 30, 2018):
Total assets ............................................................................
Equity attributable to owners of the Company .....................

¥ 1,050,282
81,151(Yen)

Earnings per share attributable to owners of theCompany (from Apr. 1, 2018 to Jun. 30, 2018):
Basic earnings per share........................................................
Diluted earnings per share ....................................................

¥4.44－Note:
Earnings per share attributable to owners of the Company are computed by dividing profit attributable to owners by the weighted average number ofcommon shares outstanding for the period.

2

Quarterly Consolidated Statements of Income
Three months
ended Jun. 30,
2017(Millions of Yen)
Three months
ended Jun. 30,
2018

Revenue:
Operating revenue ..........................................
Other financial income ...................................
Other income ..................................................
Equity in profits of equity method investments
Total revenue

11,845336
68
123
12,371

13,612140
21
21
13,793

Expenses:Financial expenses .........................................
Selling, general and administrative expenses
Other financial expenses ................................
Other expenses ...............................................
Total expenses
Quarterly profit before income taxes
Income tax expense............................................
Quarterly profit

1,009
9,816
583
168
11,576
795
386
¥410

1,254
11,25539
115
12,663
1,130(36)¥1,166

Quarterly profit or loss attributable to :Owners of the Company.................................
Non-controlling interests ................................

¥441
(31)

¥1,196(31)

Earnings per share attributable to owners of theCompany:
Basic earnings per share .................................
Diluted earnings per share ..............................

(in yen)
¥1.58
1.58

(in yen)¥4.44－

3

Quarterly Consolidated Statements of Comprehensive Income

Quarterly profit

Three months
ended Jun. 30, 2017

(Millions of Yen)
Three months
ended Jun. 30, 2018

¥410

¥1,166－

114－

1473－

9137

212

1,044

Other comprehensive income:Items that will not be reclassified to profit or loss:
Changes in fair value of equity financial assets
at fair value through other comprehensive
income .................................................................
Items that may be reclassified subsequently to
profit or loss:
Changes in fair value of debt financial assets atfair value through other comprehensive income
Changes in fair value of available-for-salefinancial assets .....................................................
Changes in fair value of hedging instrument .......
Foreign currency translation adjustments inforeign operations ................................................
Share of other comprehensive income of equity
method investments .............................................
Other comprehensive income after income taxes
Quarterly comprehensive income

(34)

5261
¥670

1,314
¥2,480Quarterly comprehensive income attributable to :Owners of the Company ......................................
Non-controlling interests .....................................

¥702
(31)

¥2,510(31)

4Quarterly Consolidated Statements of Financial Position
As ofMar. 31, 2018

(Millions of Yen)
As ofJun. 30, 2018

Assets:Cash and cash equivalents .......................................
Cash segregated as deposits ....................................
Trading securities and other ....................................
Derivative assets......................................................
Inventories ...............................................................
Investments in securities .........................................
Margin transaction assets ........................................
Loans secured by securities .....................................
Other financial assets ..............................................
Property and equipment ..........................................
Intangible assets ......................................................
Equity method investments .....................................
Deferred tax assets ..................................................
Other assets .............................................................
Total assets¥83,884
543,438
1,618
15,424－
3,123
192,224
21,38958,8372,122
49,851295
13
1,301¥973,520¥129,784
567,834
2,004
12,981
3,349
3,702
185,585
34,09756,5642,299
50,027
333
487
1,235
¥1,050,282

Liabilities and Equity:
Liabilities:
Derivative liabilities ................................................
Margin transaction liabilities ...................................
Loans payable secured by securities .......................
Deposits received ....................................................
Guarantee deposits received ....................................
Bonds and loans payable .........................................
Other financial liabilities .........................................
Provisions ................................................................
Income taxes payable ..............................................
Deferred tax liabilities .............................................
Other liabilities ........................................................
Total liabilities¥5,34029,68378,203324,256
254,647
191,010
4,545
148
2,386
1,524
1,284
893,027¥5,46636,18869,430363,902
268,851
211,866
6,404
148
165
1,919
4,283
968,623

Equity:Common stock ........................................................
Additional paid-in capital ........................................
Treasury stock .........................................................
Retained earnings ....................................................
Other components of equity ....................................
Equity attributable to owners of the Company
Non-controlling interests ...............................
Total equity
Total liabilities and equity

10,39440,510(206)
21,4928,139
80,329164
80,493¥973,520

10,39440,510(206)
21,387
9,067
81,151508
81,659¥ 1,050,282

5Quarterly Consolidated Statements of Cash Flows(Millions of Yen)
Three months
Three months
ended Jun. 30, 2017 ended Jun. 30, 2018
Cash flows from operating activities:
Quarterly profit before income taxes ....................................................
Depreciation and amortization ..............................................................
Financial income and financial expenses ..............................................
Decrease/increase in derivative assets and liabilities ............................
Decrease/increase in assets/liabilities for margin transaction ...............
Decrease/increase in loans/loans payable secured by securities ...........
Decrease/increase in cash segregated as deposits .................................
Decrease/increase in deposits received and guarantee deposits
received.................................................................................................
Decrease/increase in short-term loans receivable .................................
Other, net ..............................................................................................
Sub totalInterest and dividends income received ................................................
Interest expenses paid ...........................................................................
Income taxes paid .................................................................................
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Purchase of investments in securities ...................................................
Proceeds from sales and redemption of securities ................................
Purchase of property and equipment.....................................................
Purchase of intangible assets ................................................................
Proceeds from purchase of investments in subsidiaries ........................
Proceeds from sales of investments in subsidiaries ..............................
Purchase of investments in joint ventures .............................................
Other, net ..............................................................................................
Net cash provided by (used in) investing activities
Cash flows from financing activities:
Net increase/decrease in short-term loans payable ...............................
Proceeds from issuance of bonds payable.............................................
Redemption of bonds payable...............................................................
Proceeds from long-term loans payable ................................................
Repayment of long-term loans payable ................................................
Purchase of treasury stock ....................................................................
Cash dividends paid ..............................................................................
Net cash provided by (used in) financing activities
Net increase/decrease in cash and cash equivalents
Cash and cash equivalents at the beginning of period
Effect of exchange rate change on cash and cash equivalents
Cash and cash equivalents at the end of period

6

¥795
2,054
(2,695)2,841
8,563
32,029(10,161)
27,519¥1,1302,046(3,736)2,752
13,144(21,287)(15,946)
16,564(2,861)(4,560)53,524
3,912(1,067)(617)
55,753734
1,779(2,821)
5,111(1,204)(4,545)(3,459)(1)
9(510)(1,318)－－(5)(21)(1,845)(114)
13(189)(1,393)30,6954－(25)
28,990(6,474)
2,996(3,000)－(1,000)(1,030)(713)(9,221)
44,68676,557
61¥121,304

8,261
1,199
－
29,910(18,501)－(1,671)
19,19844,73081,456
312¥126,498