Basic Financial Statements [PDF:195KB]

Daiwa Securities Group Inc.

IFRS Reference

【IFRS Reference】

Consolidated Financial Statements

For the fiscal period ended March 31, 2022

The statutory consolidated financial statements of Daiwa Securities Group Inc. filed under Financial Instruments and Exchange Act of Japan etc. are prepared in accordance with Generally Accepted Accounting Principles in Japan (JGAAP). In contrast, the accompanying IFRS-based financial statements are presented for reference only for the purpose of providing useful information for our shareholders and investors, and are not any requirement by Company Act, Financial Instruments and Exchange Act of Japan, nor listing rules of Tokyo Stock Exchange. Please note that there is no direct comparability between the financial statements prepared under different accounting standards.

Daiwa Securities Group Inc.

IFRS Reference

Table of Contents
	Page
Cover
【Consolidated Financial Statements】
Consolidated Statements of Profit or Loss....................................................................................	3
Consolidated Statements of Comprehensive Income...................................................................	4
Consolidated Statements of Financial Position.............................................................................	5
Other Information..........................................................................................................................	7

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Daiwa Securities Group Inc.

IFRS Reference

【Consolidated Financial Statements】 Consolidated Statements of Profit or Loss

	(Unit：millions of Yen)
FY2020	FY2021

Operating revenue:

Commission received

Net gain on trading

Net gain(loss) on operational investment securities

286,836314,051

106,25391,447

10,02812,591

	Financial revenue	92,339			74,890
	Other operating revenue	80,765			147,774
Total operating revenue	576,221			640,753
	Financial expenses	(45,995)			(35,693)
	Other operating expenses	(57,486)			(85,488)
	Net operating revenue	472,740			519,572
	Selling, general and administrative expenses	(374,265)			(386,567)
	Other profits and losses	2,830			3,793
	Share of net profit from investments accounted	13,306			10,120
	for using equity method
Profit before income tax	114,611			146,918
	Income tax expenses	(10,205)			(37,372)
Net profit	104,406			109,546
Net profit attributable to:
	Owners of the parent	103,177			100,361
	Non-controlling interests	1,229			9,185
					(Unit：Yen)
		FY2020			FY2021
Earnings per share
	Attributable to owners of the parent:
	Basic	67.77			66.70
	Diluted	67.49			66.33

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			Daiwa Securities Group Inc.
			IFRS Reference
Consolidated Statements of Comprehensive Income
			(Unit：millions of Yen)
	FY2020		FY2021
Net profit	104,406		109,546
Other comprehensive income:

Items that may be reclassified subsequently to profit or loss:

Exchange differences on translating foreign operations Cash-flow hedge reserves

Share of other comprehensive income of investments accounted for using equity method

Financial assets measured at FVTOCI

Items that will not be reclassified to profit or loss:

17,729	31,710
43	362
1,135	4,133
8,642	(8,036)

Designated financial assets measured at FVTOCI	31,537		11,047
Designated financial liabilities measured at FVTPL	(441)		(427)
Other comprehensive income	58,645		38,789
Comprehensive income	163,051		148,335
Comprehensive income attributable to:
Owners of the parent	161,690		137,926
Non-controlling interests	1,361		10,409

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Daiwa Securities Group Inc.

IFRS Reference

Consolidated Statements of Financial Position

			(Unit：millions of Yen)
		FY2020	FY2021
		March 31, 2021	March 31, 2022
Assets:
Cash and bank deposits	4,769,519	4,603,110
Trading securities and other	5,374,192	5,919,617
Derivative assets	1,908,519	1,656,896
Loans secured by securities	7,221,259	8,040,168
Loans and trade receivables	6,848,134	5,828,846
Operational investment securities	94,507	120,812
Other investments	1,111,295	1,324,952
Other financial assets	1,026,318	1,212,757
Designated financial assets measured at FVTOCI	214,386	214,220
Equity method investments	110,883	131,415
Property and equipment	129,950	170,315
Right-of-use assets	147,395	132,585
Investment property	794,177	829,573
Intangible assets	141,392	135,511
Other assets	193,213	249,261
Current tax assets	1,283	11,375
Deferred tax assets	8,006	7,842
Total assets	30,094,428	30,589,255
Liabilities:
Trading securities and other	2,032,969	2,948,427
Derivative liabilities	1,790,980	1,620,487
Loans payable secured by securities	7,949,031	9,109,587
Trade payables		6,016,131	4,309,127
Deposits for banking business		4,416,097	4,189,105
Deposits from customers		359,348	402,231
Borrowings		3,260,468	3,508,267
Bonds and notes		1,604,738	1,806,912
Lease liabilities		148,648	134,105
Other financial liabilities		515,983	494,214
Provisions		11,755	8,579
Net defined benefit liabilities		44,774	44,236
Other liabilities		51,131	78,279
Current tax liabilities		17,974	8,651
Deferred tax liabilities		54,280	53,014
Total liabilities	28,274,307	28,715,221

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