Japan Exchange Group Inc. reported a 7.8% year-over-year decline in net income for the fiscal first quarter ended June 30.
The company's net income attributable to owners of the parent fell to ¥10.71 billion from ¥11.62 billion in the year-ago period. Basic EPS slipped year over year to ¥20 from ¥21.69, according to a July 30 earnings release.
Operating revenue declined to ¥29.07 billion from ¥29.56 billion, and operating income dropped to ¥16.25 billion from ¥17.41 billion. Operating expenses rose to ¥13.64 billion from ¥12.92 billion.
The company's trading services revenue for the quarter declined to ¥11.06 billion from ¥11.94 billion, while listing services revenue inched up to ¥3.29 billion from ¥3.25 billion a year earlier.
As of July 30, US$1 was equivalent to ¥108.68.