Aiful Corporation (8515) AI Stock Analysis

• Market Cap: €229.76B
• Dividend Yield: 1.53%
• Average Volume (3M): 1.92M
• Price to Earnings (P/E): 9.8
• Beta (1Y): 0.83
• Revenue Growth: 15.95%
• EPS Growth: 2.03%
• Country: JP
• Employees: 2,470
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): 8.37
• Shares Outstanding: 484,620,120
• 10 Day Avg. Volume: 1,771,420
• 30 Day Avg. Volume: 1,921,706
• PEG Ratio: 1.84
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.88
• P/FCF Ratio: -1.64
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 55 Neutral
• Price Target: ¥468.00 ▲(2.41% Upside)

Aiful Corporation's overall stock score is primarily influenced by its financial performance and technical analysis. The company's high leverage and cash flow challenges are significant concerns, while the bearish technical indicators suggest weak market sentiment. However, the low P/E ratio indicates potential undervaluation, providing some upside potential.

Aiful Corporation Business Overview & Revenue Model

Company Description

Aiful Corporation engages in consumer finance and credit guarantee business in Japan. It offers unsecured, secured, and small business loans; and credit card, prepaid card, credit guarantee, debt collection, venture capital, receiving agent, corporate turnaround and restructuring, warehouse, document management, and leasing services, as well as used car and medical loans. The company also provides postpay settlement, factoring, and installment credit sales services. As of March 31, 2021, it operated a network of 20 branches. The company was formerly known as Marutaka, Inc. and changed its name to Aiful Corporation in May 1982. Aiful Corporation was founded in 1967 and is headquartered in Kyoto, Japan.

How the Company Makes Money

Aiful Corporation generates revenue primarily through interest income earned from personal loans, credit cards, and other financial products. The company offers unsecured loans, which typically carry higher interest rates, contributing significantly to its profitability. In addition to loan interest, Aiful also earns revenue from fees associated with loan origination and account maintenance. The company has established partnerships with various retail outlets and online platforms, enhancing its customer acquisition strategies and expanding its reach. Furthermore, Aiful's diversification into credit card services allows it to benefit from transaction fees and annual membership fees, adding to its overall revenue streams.

Aiful Corporation Financial Statement Overview

Summary

Aiful Corporation shows strong revenue growth and a solid equity position, which are positive indicators of its financial health. However, high leverage and negative cash flows present risks that could undermine future financial stability. The company must focus on improving operational efficiencies and cash flow management to enhance its financial resilience and reduce dependency on debt.

Income Statement

Aiful Corporation has demonstrated a consistent revenue growth trend over the past five years, with a notable increase in total revenue from ¥127 billion in 2020 to ¥179 billion in 2025, indicating a strong upward trajectory. The gross profit margin has been robust, maintaining a high percentage, reflecting efficient cost management. However, the net profit margin has shown some fluctuations, and the EBIT and EBITDA margins, while generally healthy, suggest room for improvement in operational efficiency.

Balance Sheet

The company exhibits a solid equity base, as seen in the increase of stockholders' equity from ¥126 billion in 2020 to ¥218 billion in 2025. However, the debt-to-equity ratio remains a concern, rising from 3.78 in 2020 to 3.62 in 2025, indicating high leverage levels which could pose financial risk. The equity ratio has improved over the years, but the company still relies heavily on debt financing, which may affect long-term financial stability.

Cash Flow

Aiful Corporation's cash flow position is challenging, with consistent negative free cash flow over the analyzed period, highlighting potential liquidity constraints. The operating cash flow to net income ratio is negative, suggesting that the company is not converting its net income into cash efficiently. While there is significant financing cash flow, reliance on external financing to manage operations might not be sustainable in the long term.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	179.89B	189.05B	163.11B	144.15B	132.09B	127.48B
Gross Profit	144.01B	179.18B	155.53B	136.85B	124.86B	118.82B
EBITDA	-6.08B	31.52B	24.98B	27.32B	14.66B	27.87B
Net Income	22.52B	22.52B	21.82B	22.34B	12.33B	18.44B
Balance Sheet
Total Assets	1.45T	1.45T	1.27T	1.07T	935.64B	863.35B
Cash, Cash Equivalents and Short-Term Investments	60.61B	60.61B	56.92B	43.25B	46.76B	40.95B
Total Debt	789.62B	789.62B	664.90B	561.24B	480.40B	457.64B
Total Liabilities	1.23T	1.23T	1.06T	890.89B	779.12B	715.66B
Stockholders Equity	217.92B	217.92B	197.91B	176.07B	153.90B	145.55B
Cash Flow
Free Cash Flow	-101.06B	-101.06B	-84.31B	-75.08B	-19.15B	15.67B
Operating Cash Flow	-82.87B	-82.87B	-74.21B	-70.59B	-15.63B	20.28B
Investing Cash Flow	-35.10B	-35.10B	-12.76B	-8.95B	-2.22B	-9.27B
Financing Cash Flow	119.82B	119.82B	100.93B	78.20B	21.03B	-18.81B

Aiful Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 457.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8515, the sentiment is Negative. The current price of 457 is below the 20-day moving average (MA) of 476.00, below the 50-day MA of 478.07, and above the 200-day MA of 398.64, indicating a neutral trend. The MACD of -3.08 indicates Positive momentum. The RSI at 37.63 is Neutral, neither overbought nor oversold. The STOCH value of 45.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8515.

Aiful Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8572	―	¥699.34B	13.29	8.40%	3.80%	7.25%	-0.63%
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8511	―	€153.33B	16.02	7.25%	4.16%	46.99%	6.83%
8584	―	¥181.39B	8.30	―	4.56%	2.95%	-23.15%
8253	―	$578.30B	8.57	9.55%	3.11%	14.32%	-3.45%
8570	―	$320.51B	22.62	3.05%	3.57%	10.31%	-40.64%
8515	―	€229.76B	9.81	11.42%	1.53%	15.95%	2.03%

Aiful Corporation Corporate Events

Aiful Corporation Reports Strong Q1 2025 Financial Results

Aiful Corporation reported strong financial results for the first quarter of fiscal year 2025, with a notable increase in operating revenue and profits compared to the previous year. The company’s strategic consolidation of four additional companies has contributed to its improved financial performance, indicating a robust growth trajectory and enhanced market positioning.

The most recent analyst rating on (JP:8515) stock is a Buy with a Yen480.00 price target. To see the full list of analyst forecasts on Aiful Corporation stock, see the JP:8515 Stock Forecast page.