Rakuten Securities Reports Net Income of JPY5.248 Billion in H1 2021

​

Rakuten Securities, a Japanese FX, CFD and stock broker, has reported its financial results for H1 of 2021. The financial services platform reported strong growth in revenue and net income.

Wanna Know How to Reach Our Audience of Millions at Fazzaco?

According to the results, the Tokyo-headquartered company generated an operating income of more than JPY8.447 billion during the first half of 2021, which is 17.2% higher than the same period in 2020. During the first half of 2020, the company posted an operating income of JPY7.205 billion.

For H1 of 2021, the broker posted net income of JPY5.248 billion, which is 9% higher compared to the same period in 2020. In H1 of 2020, Rakuten Securities posted net income of JPY4.813 billion.

In terms of the three months ending on June 30, 2021, the operating income of the Japanese broker came in at JPY2.8 billion for the period, while the ordinary income stood at JPY3 billion. The net income took a hit, remaining at JPY1.67 billion, which is down by 21.5 percent year-over-year.

Rakuten Securities has been regularly expanding its offering. Earlier this month, the company announced that it will add stocks of 200 companies listed on US exchanges to its offering​.