Shinko Securities is a Japan company, located in Tokyo. more detail is as below. Company Information Company Name: Shinko SecuritiesCountry: JapanAddress: TokyoInternational Area Code: 81Phone: 81-3-5203-6000Contact: Takashi KusamaWebsite: www.shinko-sec.co.jpProfile: For The Fiscal Year Ended March 31, 2007, The Company Posted Both Revenues And Earnings That Were Lower Than Those Realized In The Previous Fiscal Term. Nevertheless, I Believe That Our Results Represent A Solid Performance Given The Difficult Market Conditions Experienced Early On In The Year And The Company's Progress In Reforming Its Earnings Structure. The Japanese Securities Industry Is Currently Going Through A Period Of Intense Change, Characterized By The Large-scale Mobilization Of Savings, The Entry Of Banks Into The Securities Industry, And Changes In The Legal Environment, Such As The Companies Act And The Financial Instruments And Exchange Law. Although The Securities Business Is On An Expansionary Path, Competition Is Also Expected To Intensify Even Further. Aiming To Successfully Meet These Environmental Changes Head On, The Company's Executives And Employees, Working Under Shinko's Corporate Vision, The Client First, Hope To Engage A Range Of Measures And To Follow These Through To The Realization Of Tangible Results. These Efforts Will Be Based On A Basic Philosophy That Asks "to What Extent Can We Develop Our Sales Framework For Providing Clients With Asset Management And Funds Procurement Services, And How Can We Further Enhance Our Appeal As A Human Organization?" The Company Has Achieved Excellent Results For The Fiscal Year Under Review. On A Consolidated Basis, The Company Produced Operating Revenues Of Yen146.8 Billion, Operating Income Of Yen23.8 Billion, And Net Income Of Yen21.9 Billion, Year-on-year Declines Of 4.0%, 39.4%, And 37.3%, Respectively. However, The Various Measures We Have Been Implementing Have Secured Significant Progress In Reforming Our Earnings Structure. Although Difficult Market Conditions Persisted Throughout The First Half Of The Fiscal Year, Sales Of Products Such As Investment Trusts And Foreign Bonds Provided Some Level Of Underlying Support. Investment Trusts Targeting Investment In Markets In Emerging Countries Experienced So Much Popularity That Issues Had To Be Suspended, And In The Market For Foreign Bonds, Publicly Issued Structured Bonds Penetrated The Retail Market, Accounting For Some 70% Of Sales Of Retail-oriented Products. In Addition To This, Earnings From Separately Managed Account Services Also Made A Real Contribution. As A Result Of These Factors, Earnings Did Not Rely On Stock Trading Commissions, But Instead, Through Sales Of High-value-added Products And The Provision Of Advanced Financial Services, It Seems Apparent That We Are Gradually Building An Earnings Structure That Is Robust To The Market Environment. I Believe That The Past Year Clearly Evidences The Fact That The Company Is Making Definite Forward Progress Towards Developing Into A Securities Firm That Is Able To Produce Stable Earnings Even When Faced With Stringent Market Environments.Area: Tokyo More Links Exeno Yamamizu Corp. Tdk Corp. Shinko Securities Ibj Leasing Co. Ltd. Internet Initiative Japan Inc. ‹ previous | next › Log in to post comments