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8601 Stock Chart & Stats
¥1871.50
¥2.50(0.14%)
At close: 4:00 PM EDT
¥1871.50
¥2.50(0.14%)
Day’s Range― - ―
52-Week Range¥1,085.00 - ¥1,886.50
Previous CloseN/A
Volume6.92M
Average Volume (3M)5.10M
Market Cap
¥2.45T
Enterprise Value-¥9.53M
Total Cash (Recent Filing)¥18.08T
Total Debt (Recent Filing)¥5.78T
Price to Earnings (P/E)14.3
Beta1.42
Next Earnings
Nov 03, 2026EPS Estimate
38.42Next Dividend Ex-DateN/A
Dividend Yield3.54%
Share Statistics
EPS (TTM)126.03
Shares Outstanding1,569,378,800
10 Day Avg. Volume5,656,200
30 Day Avg. Volume5,101,593
Financial Highlights & Ratios
PEG Ratio0.77
Price to Book (P/B)1.15
Price to Sales (P/S)1.37
P/FCF Ratio5.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)138.76
Revenue Forecast (FY)¥804.65B
Bulls Say, Bears Say
Bulls Say
Wealth Management ScaleRecord AUM and persistent net inflows expand asset-based, fee-bearing revenue that is less cyclical than trading income. Higher asset fees improve fixed-cost coverage and margin stability, creating a more predictable, recurring earnings base and long-term cash flow resilience for the group.
Base Profit And ExecutionOutperforming the medium-term base-profit target demonstrates operational leverage and disciplined execution across divisions. Durable improvement in core profitability supports a sustainable dividend policy and signals management effectiveness in driving structural earnings improvement.
Asset Management ScaleScale in asset management generates stable, fee-based revenues and economies of scale in product distribution. Growing AUM and rising asset-management income underpin recurring margins, reduce reliance on market-sensitive trading profits, and support long-term fee growth and client stickiness.
Bears Say
Elevated Leverage And Capital StrainHigh and rising leverage constrains financial flexibility and increases sensitivity to funding costs. The ORIX Bank acquisition, funded internally, reduces capital ratios and may require AT1 or other capital actions; this raises long-term execution and rating risk and limits cushion for shocks.
Inconsistent Cash GenerationLarge year-to-year swings in operating and free cash flow weaken visibility into sustainable cash conversion. The 2025 zero/uncertain print undermines confidence that recent positive cash results will persist, complicating reliable funding for dividends, buybacks and acquisition-related integration costs.
Investment-banking And Alternative Asset WeaknessA severe drop in investment-banking income and impairments in alternative assets highlight earnings concentration and downside in fee-based businesses. Persistent weakness or recurring impairments would reduce revenue diversification and amplify earnings cyclicality over multi-quarter horizons.
Daiwa News
8601 FAQ
What was Daiwa’s price range in the past 12 months?
Daiwa lowest stock price was ¥1085.00 and its highest was ¥1886.50 in the past 12 months.
What is Daiwa’s market cap?
Daiwa’s market cap is ¥2.45T.
When is Daiwa’s upcoming earnings report date?
Daiwa’s upcoming earnings report date is Nov 03, 2026 which is in 85 days.
How were Daiwa’s earnings last quarter?
Daiwa released its earnings results on Aug 03, 2026. The company reported ¥40.68 earnings per share for the quarter, beating the consensus estimate of ¥39.566 by ¥1.114.
Is Daiwa overvalued?
According to Wall Street analysts Daiwa’s price is currently Overvalued.
Does Daiwa pay dividends?
Daiwa pays a Semiannually dividend of ¥35 which represents an annual dividend yield of 3.54%. See more information on Daiwa dividends here
What is Daiwa’s EPS estimate?
Daiwa’s EPS estimate is 38.42.
How many shares outstanding does Daiwa have?
Daiwa has 1,569,378,800 shares outstanding.
What happened to Daiwa’s price movement after its last earnings report?
Daiwa reported an EPS of ¥40.68 in its last earnings report, beating expectations of ¥39.566. Following the earnings report the stock price went up 0.277%.
Which hedge fund is a major shareholder of Daiwa?
Currently, no hedge funds are holding shares in JP:8601
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Daiwa
Daiwa Securities Group Inc. functions as a prominent securities broker-dealer with operations spanning Japan and international markets. The company structures its diverse financial activities into four primary segments: Retail, Wholesale, Asset Management, and Investment. Its service portfolio encompasses brokerage, proprietary trading, securities underwriting, strategic financial consulting, product development, and structured finance solutions. The Retail division addresses individual clients through a network of 177 physical branches and sales offices, alongside digital channels such as its online platform and call center for remote engagement. For institutional and corporate clients, the Wholesale segment provides sales and trading services across equities, bonds, foreign exchange, and derivative products, in addition to comprehensive investment banking offerings like M&A advisory and securities underwriting. The Asset Management segment specializes in establishing and managing investment trusts for both individual and institutional investors, offering expert investment guidance and active asset management. Through its Investment division, Daiwa directly deploys capital in areas including lending, private equity, real estate, and strategic ventures in energy, infrastructure, and natural resources. Furthermore, the company extends its services to include research, consulting, information systems management, banking, insurance, wrap accounts, and inheritance planning support, alongside engaging in general securities-related activities, investment advisory and agency roles, investment management, and real estate lending and borrowing. Established in 1902 as Daiwa Securities Co. Ltd., the firm was rebranded as Daiwa Securities Group Inc. in 1999 and maintains its headquarters in Tokyo, Japan.
8601 Company Deck
8601 Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted multiple material achievements: strong base profit growth (+32.9% YoY), record dividend and shareholder returns, record levels and inflows in Wealth Management (wrap AUM, new contracts, asset-based revenues), robust Global Markets performance (equities and FICC), Daiwa Next Bank NII/profit expansion and record Asset Management AUM. Key strategic upside from the ORIX Bank acquisition was presented with quantified synergy scenarios (potential JPY 35 billion NII uplift), though the deal introduces capital ratio pressure, potential goodwill amortization, and execution risk. Notable negatives include a sharp decline in Global Investment Banking ordinary income (‑60.5%), losses in Alternative Asset Management, declines in real estate segment results, higher SG&A, and overseas profit weakness in the Americas. On balance, the positive operational momentum, record base profit and successful execution against the midterm plan significantly outweigh the setbacks, while the acquisition risk and one-off impairments are manageable if integration and synergy assumptions hold.View all JP:8601 earnings summariesTechnical Analysis
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