FP Partner, Inc. (7388) AI Stock Analysis

• Market Cap: ¥47.13B
• Dividend Yield: 4.61%
• Average Volume (3M): 91.36K
• Price to Earnings (P/E): 20.3
• Beta (1Y): 0.55
• Revenue Growth: -4.72%
• EPS Growth: -40.77%
• Country: JP
• Employees: 2,781
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Brokers
• EPS (TTM): 24.16
• Shares Outstanding: 23,265,600
• 10 Day Avg. Volume: 106,230
• 30 Day Avg. Volume: 91,356
• PEG Ratio: -15.44
• Price to Book (P/B): 5.54
• Price to Sales (P/S): 1.84
• P/FCF Ratio: 28.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: ¥2,696.00 ▲(30.49% Upside)

FP Partner, Inc. scores highly due to its strong financial performance, characterized by robust growth, profitability, and low financial risk. Technical analysis indicates bullish momentum, though caution is advised due to overbought signals. Valuation metrics suggest the stock may be slightly overvalued, but the attractive dividend yield offers compensation for investors.

Positive Factors

Revenue Growth

The consistent revenue growth indicates robust business expansion and suggests a strong market position, enhancing long-term financial stability.

Financial Stability

Low leverage reduces financial risk and enhances the company's ability to weather economic downturns, supporting sustainable growth.

Cash Flow Generation

Strong cash flow generation supports liquidity and provides flexibility for reinvestment, dividends, and debt reduction, ensuring long-term viability.

Negative Factors

EPS Decline

A significant decline in EPS growth can indicate challenges in maintaining profitability, potentially impacting investor confidence and valuation.

Earnings Volatility

Lack of recent earnings call data may suggest transparency issues, leading to uncertainty about future performance and strategic direction.

Profit Margin Pressure

Declining EPS growth could signal margin compression, potentially due to increased competition or rising costs, affecting long-term profitability.

FP Partner, Inc. Business Overview & Revenue Model

Company Description

FP Partner Inc. provides insurance services for individuals and corporations in Japan. It offers life and non-life insurance products; financial planning services under the Money Doctor brand; and face-to-face and online consultation, product explanation, contract procedure, and after-sales services. FP Partner Inc. was founded in 2005 and is headquartered in Tokyo, Japan.

How the Company Makes Money

FP Partner, Inc. generates revenue primarily through management fees charged for its asset management services, which are based on a percentage of assets under management (AUM). Additionally, the company earns advisory fees from its financial planning services, which may include one-time fees for specific projects or ongoing retainer agreements. Performance-based fees are another significant revenue stream, where the company earns a commission based on the investment performance of the portfolios it manages. Strategic partnerships with financial institutions and technology firms enhance its service capabilities and may also lead to revenue-sharing agreements. Furthermore, FP Partner, Inc. might engage in product sales or distribution, providing additional income through commissions or fees related to financial products offered to clients.

FP Partner, Inc. Financial Statement Overview

Summary

FP Partner, Inc. exhibits strong financial health with impressive growth trajectory, profitability, and stable financial management. The company has effectively leveraged its assets while maintaining low levels of debt, reducing financial risk. The positive cash flow metrics further underscore the company's robust operational cash generation capabilities.

Income Statement

FP Partner, Inc. has demonstrated strong revenue growth, increasing from 17.3 billion JPY in 2020 to 35.6 billion JPY in 2024, indicating robust business expansion. The gross profit margin has remained healthy, and net profit margin has improved significantly over the years, reflecting effective cost management and profitability. The EBIT and EBITDA margins are also strong, suggesting operational efficiency.

Balance Sheet

The company has a very low debt-to-equity ratio, indicating minimal leverage and financial stability. The return on equity is impressive, showcasing effective use of shareholders' funds to generate profits. The equity ratio is also strong, reflecting a solid capital structure with significant shareholder equity relative to total assets.

Cash Flow

FP Partner, Inc. has shown consistent growth in operating cash flow, with substantial free cash flow generation, which supports strong liquidity. The operating cash flow to net income ratio is favorable, indicating good cash conversion from earnings. The company has effectively managed its capital expenditures and has maintained healthy free cash flow to net income ratios.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	34.91B	35.62B	30.56B	25.61B	20.92B	17.30B
Gross Profit	11.46B	12.15B	11.65B	8.81B	6.16B	4.40B
EBITDA	4.68B	5.89B	5.97B	4.02B	1.99B	866.25M
Net Income	3.03B	3.90B	3.95B	2.37B	1.22B	424.60M
Balance Sheet
Total Assets	18.25B	18.53B	19.15B	14.27B	7.88B	6.21B
Cash, Cash Equivalents and Short-Term Investments	7.86B	8.76B	11.96B	8.85B	3.09B	2.02B
Total Debt	564.12M	590.94M	644.58M	649.05M	1.65B	2.27B
Total Liabilities	6.47B	6.69B	6.50B	5.61B	5.18B	4.73B
Stockholders Equity	11.78B	11.83B	12.65B	8.66B	2.70B	1.48B
Cash Flow
Free Cash Flow	0.00	2.27B	3.19B	3.31B	1.70B	-118.08M
Operating Cash Flow	0.00	4.39B	3.91B	3.56B	1.94B	-82.91M
Investing Cash Flow	0.00	-2.43B	-805.52M	-365.00M	-257.33M	-101.50M
Financing Cash Flow	0.00	-5.16B	2.14M	2.57B	-617.64M	-53.29M

FP Partner, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2066.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7388, the sentiment is Negative. The current price of 2066 is below the 20-day moving average (MA) of 2107.35, below the 50-day MA of 2213.61, and below the 200-day MA of 2216.80, indicating a bearish trend. The MACD of -53.15 indicates Positive momentum. The RSI at 35.39 is Neutral, neither overbought nor oversold. The STOCH value of 16.25 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:7388.

FP Partner, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7388	78 Outperform	¥47.13B	20.27	―	4.61%	-4.72%	-40.77%
8704	72 Outperform	¥27.16B	7.35	―	3.91%	-11.56%	-26.01%
8613	71 Outperform	¥67.05B	14.64	9.22%	6.15%	7.45%	45.25%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8614	66 Neutral	¥43.30B	15.55	―	4.86%	6.40%	41.18%
8708	64 Neutral	¥43.50B	16.45	―	4.36%	1.14%	-16.88%
4765	62 Neutral	€81.83B	29.83	9.32%	3.75%	20.36%	9.29%

FP Partner, Inc. Corporate Events

FP Partner Inc. Launches Business Improvement Initiatives Following Administrative Order

FP Partner Inc. has announced the establishment of a Business Improvement Meeting and Committee to address a business improvement order received in August 2025. These initiatives, part of their ‘NEXT’ corporate slogan, aim to enhance the company’s value by involving employees in improvement activities and ensuring effective management. The company will report progress biannually to the Kanto Local Finance Bureau, with the first report due in April 2026.

FP Partner Inc. Reports Strong Q3 Growth and Strategic M&A Milestone

FP Partner Inc. has reported stronger than expected operating profit growth for the third quarter, driven by a recovery in sales of protection-related products and a customer-first approach. The company’s acquisition of PRESTIGE Co., Ltd., a significant milestone, is expected to boost growth and customer engagement, despite challenges such as a decrease in sales employees.

FP Partner Inc. Reports Decline in Financial Performance

FP Partner Inc. reported a significant decline in its financial performance for the nine months ending August 31, 2025, with net sales and profits experiencing substantial decreases compared to the same period in the previous year. The company has revised its earnings forecast for the fiscal year ending November 30, 2025, indicating continued challenges in maintaining profitability, which may impact its market positioning and stakeholder confidence.

FP Partner Inc. Revises Earnings Forecast, Maintains Dividend

FP Partner Inc. has revised its full-year earnings forecast for the fiscal year ending November 30, 2025, due to improved sales and product mix, particularly in protection-related products. Despite the upward revision in profit expectations, the company maintains its year-end dividend forecast, reflecting its commitment to shareholder returns while balancing internal reserves for financial stability and growth.

FP Partner Inc. Unveils ‘NEXT’ Slogan to Rebuild Trust and Drive Growth

FP Partner Inc. has introduced a new corporate slogan, ‘NEXT,’ following a business improvement order from the Kanto Local Finance Bureau. The company aims to rebuild customer trust and transform its corporate culture by enhancing its decision-making processes and compliance systems. The initiative reflects FP Partner’s commitment to evolving with industry changes and maintaining a strong, customer-focused approach. The company assures stakeholders of its dedication to transparency and sustainable relationships, while no significant impacts on earnings forecasts have been identified.

FP Partner Inc. Achieves Compliance with Tokyo Stock Exchange Criteria

FP Partner Inc. has announced its compliance with the Tokyo Stock Exchange Prime Market’s listing maintenance criteria as of May 31, 2025. The company successfully increased its tradable shares ratio to meet the required standards, ensuring its continued listing and aiming to improve corporate value.

FP Partner Inc. Submits Business Improvement Plan to Address Compliance Issues

FP Partner Inc. has submitted a business improvement plan to the Kanto Local Finance Bureau following a business improvement order. The company acknowledges issues with its organizational culture, which prioritized top-line growth over compliance and internal controls. To address these concerns, FP Partner Inc. aims to strengthen its compliance systems, reexamine its organizational culture, and ensure a customer-oriented approach. The company is committed to regaining trust and improving its operations, which could have broader implications for the insurance agency industry.