Monex Group, Inc.

Consolidated Financial Summary under IFRSs for the fiscal year ended March 31, 2017 (April 1, 2016 - March31, 2017)

This is an English translation for the Japanese report of the consolidated financial summary under IFRSs for the fiscal
year ended March 31, 2017. If there is any discrepancy between the statement in English and Japanese, the Japanesestatement 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 thefiscal year ended March 31, 2017. 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 inpreparation 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. / April 20171

Consolidated Financial Summary
For the fiscal year ended March 31, 2017
(Millions of Yen)

Operating results (from Apr. 1, 2016 to Mar. 31, 2017):
Total revenue .........................................................................
Total expenses .......................................................................
Profit before income taxes
Income tax expense ...............................................................
Profit¥49,104
48,0331,071
910
¥161

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

¥298
(137)
(Millions of Yen)

Financial Position (as of Mar. 31, 2017):
Total assets ............................................................................
Equity attributable to owners of the Company .....................

¥936,776
81,372(Yen)

Earnings per share attributable to owners of theCompany (from Apr. 1, 2016 to Mar. 31, 2017):
Basic earnings per share........................................................
Diluted earnings per share ....................................................

¥1.06
1.05

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

Consolidated Statements of Income
For the fiscal year
ended March 31,
2016(Millions of Yen)
For the fiscal year
ended March 31,
2017

Revenue:Commission received .....................................
Net trading income .........................................
Financial income ............................................
Other operating income ..................................
Total operating revenue
Other financial income ...................................
Other income ..................................................
Total revenue¥ 32,152
6,671
14,610839
54,271639
32
54,942¥26,3494,498
14,313671
45,831
1,667
1,606
49,104

Expenses:Financial expenses .........................................
Selling, general and administrative expenses .
Other financial expenses ................................
Other expenses ...............................................
Equity in losses of equity method investments
Total expenses
Profit before income taxes
Income tax expense............................................
Profit4,629
41,395843
2,906
67
49,842
5,100
1,584¥ 3,516

3,979
40,578
1,655
1,722
99
48,033
1,071
910
¥161

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

¥ 3,554(38)

¥298
(137)

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

3(in yen)¥ 12.46
12.45(in yen)
¥1.06
1.05

Consolidated Statements of Comprehensive Income

Profit

For the fiscal year
ended March 31,2016(Millions of Yen)
For the fiscal year
ended March 31,2017¥ 3,516

¥161

1,757

(980)

499

(1,019)(1,779)(296)

Other comprehensive income:Items that may be reclassified subsequently toprofit or loss:
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 taxesComprehensive income

18(15)

494¥ 4,010(2,310)¥(2,149)

Comprehensive income attributable to :Owners of the Company ........................................
Non-controlling interests .......................................

¥ 4,048(38)¥(2,012)(137)

4

Consolidated Statements of Financial Position
As ofMarch 31, 2016

(Millions of Yen)
As of
March 31, 2017

Assets:Cash and cash equivalents .......................................
Cash segregated as deposits ....................................
Trading securities and other ....................................
Derivative assets......................................................
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¥ 61,902
497,442
2,945
19,153
3,707
149,236
31,62864,272
2,457
53,053
1,125
81,187¥ 888,116¥77,900
552,028
1,697
13,443
3,611
147,653
34,25049,0492,062
53,751363
2967¥936,776

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¥ 7,178
33,006
71,974350,904
170,666
154,261
5,868
2,556
1,505
3,161
1,014
802,094¥5,82840,66477,504
324,672
257,753
138,133
6,622
166
389
2,401
958
855,090

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

10,39440,51022,38012,53285,816207
86,022¥ 888,116

10,39440,547
20,20910,222
81,372315
81,687¥936,7765

Consolidated Statements of Cash Flows

Cash flows from operating activities:
Profit before income taxes ...........................................................
Depreciation and amortization ..............................................................
Loss on business restructuring ..............................................................
Provision of allowance for loss on cancellation of outsourcingcontract .................................................................................................
Reversal of allowance for loss on cancellation of outsourcing contract
Gain on sales of investments in associates ...........................................
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 refund/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 ................................................................
Purchase of investments in joint ventures .............................................
Payments for purchase of affiliates .......................................................
Proceeds from sales of associates .........................................................
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 ..........................................................
Purchase of redemption of bonds .........................................................
Proceeds from long-term loans payable ................................................
Repayment of long-term loans payable ................................................
Purchase of treasury stock ....................................................................
Cash dividends paid ..............................................................................
Proceeds from stock issuance to non-controlling interests ...................
Proceeds from sales of investments in subsidiaries to non-controllinginterests .................................................................................................
Other, net ..............................................................................................
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

For the fiscal year
ended March 31,
2016(Millions of Yen)
For the fiscal year
ended March 31,
2017¥ 5,1004,911132¥1,071
7,094
145

2,400

－

－－
(9,776)(10,039)
13,283
4,412
13,099(508)(247)(10,346)
2,792
9,241
2,873
(57,921)(14,521)

63,160(17,148)
1,155(6,991)
14,490(4,863)(1,869)766

20,141(118)
37,376
13,365(4,499)(2,527)43,715

(80)
5,386
(706)
(10,051)(288)(70)－(124)(5,934)

(282)
1,215
(673)
(8,603)
(13)
－
295
(240)
(8,301)

11,741－－－(7,500)(1,162)(3,997)147(1,372)2,996(2,000)27,902(43,800)(1,000)(1,468)
245

98

－－
(673)
(5,840)66,337(741)¥ 59,756

37(18,462)
16,95259,756(151)¥76,557