Monex Group×GMO Financial Holdings

Different ways of making money, on the same scale.

Same yardstick

MetricMonex GroupFY ending Mar 2026GMO Financial HoldingsFY ending Dec 2025
Revenue¥83.6B¥49.5B
COGS ratio2.2%1.8%
Operating margin—32.0%
Net margin13.1%21.1%
FCF margin15.3%21.6%

Highlighted = best value for that metric

Money flows side by side

Chart height is proportional to revenue.

Monex Group¥83.6B · keeps ¥21 per ¥100

※ Operating income is not disclosed; the chart goes straight to pretax income including investment gains

GMO Financial Holdings¥49.5B · keeps ¥32 per ¥100

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