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Mitsubishi UFJ Securities posts 15.2% drop in fiscal 2015-2016 profit

Mitsubishi UFJSecurities Holdings Co. Ltd. posted a 15.2% drop in net profit forthe fiscal year ended March 31.

The company said profit attributable to owners of the parentfell to ¥43.26 billion from ¥51.00 billion in the prior fiscal year. Basic EPSdeclined to ¥58.70 from ¥69.19. The company did not declare diluted EPS.

Ordinary income dropped to ¥107.86 billion from ¥114.93billion, while operating income fell to ¥80.69 billion from ¥90.68 billion. Netoperating revenue climbed to ¥437.74 billion from ¥435.76 billion.

As of April 28, US$1was equivalent to ¥108.57.