Aiful Corporation (8515) AI Stock Analysis

• Market Cap: €220.08B
• Dividend Yield: 1.35%
• Average Volume (3M): 1.92M
• Price to Earnings (P/E): 9.6
• Beta (1Y): 0.81
• Revenue Growth: 15.37%
• EPS Growth: 26.00%
• Country: JP
• Employees: 2,470
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): 18.07
• 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: €557.38
• Price Target Upside: 3.41% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ¥523.00 ▼(-2.97% Downside)

Aiful Corporation's overall stock score is driven by its moderate financial performance, characterized by revenue growth but offset by high leverage and cash flow challenges. The technical analysis indicates short-term bullish momentum, though caution is advised due to potential overbought conditions. The valuation appears attractive with a low P/E ratio, providing some upside potential.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective customer acquisition strategies, supporting long-term business expansion.

Diversified Revenue Streams

Diversified revenue streams from credit cards and loans reduce reliance on a single income source, enhancing financial stability and resilience.

Market Position

As a leading player in Japan's financial services sector, Aiful benefits from brand recognition and a strong customer base, supporting sustainable growth.

Negative Factors

High Leverage

High leverage increases financial risk and limits flexibility, potentially impacting long-term financial health and ability to invest in growth.

Operational Inefficiencies

Operational inefficiencies, as indicated by negative margins, suggest challenges in cost management, which could hinder profitability and competitiveness.

Cash Flow Challenges

Negative cash flows highlight liquidity issues, potentially constraining the company's ability to fund operations and invest in future growth.

Aiful Corporation Business Overview & Revenue Model

Company Description

Aiful Corporation (8515) is a leading financial services company based in Japan, primarily engaged in the provision of consumer finance, including personal loans and credit card services. Established in 1978, Aiful operates in the non-banking financial sector and serves a diverse clientele through its network of branches and online platforms. The company is dedicated to offering flexible and accessible financial solutions tailored to meet the needs of individuals and small businesses.

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 demonstrates moderate revenue growth and stable net profit margins, but operational inefficiencies and high leverage are concerning. The balance sheet reflects significant debt, posing potential risks, while cash flow challenges highlight liquidity issues. The company needs to address operational and financial leverage to improve its financial health.

Income Statement

Aiful Corporation shows a moderate revenue growth rate of 3.88% TTM, indicating steady expansion. However, the gross profit margin has decreased to 80.05% TTM from 94.78% annually, suggesting increased cost pressures. The net profit margin is stable at 12.52% TTM, but the negative EBIT and EBITDA margins indicate operational inefficiencies.

Balance Sheet

The company's debt-to-equity ratio is high at 3.62 TTM, reflecting significant leverage, which could pose financial risks. Return on equity is relatively low at 9.43% TTM, indicating modest profitability for shareholders. The equity ratio stands at 22.82% TTM, suggesting a balanced asset structure but with room for improvement.

Cash Flow

Aiful Corporation's cash flow situation is concerning, with negative operating and free cash flows TTM. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is zero, indicating cash flow challenges. The free cash flow to net income ratio is positive at 1.22, showing some ability to cover net income with free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	193.07B	189.05B	163.11B	144.15B	132.09B	127.48B
Gross Profit	155.58B	179.18B	155.53B	136.85B	124.86B	118.82B
EBITDA	19.61B	29.65B	24.98B	27.32B	14.66B	21.57B
Net Income	27.99B	22.52B	21.82B	22.34B	12.33B	18.44B
Balance Sheet
Total Assets	1.52T	1.45T	1.27T	1.07T	935.64B	863.35B
Cash, Cash Equivalents and Short-Term Investments	47.34B	60.61B	56.92B	43.25B	46.76B	40.95B
Total Debt	813.32B	789.62B	664.90B	561.24B	480.40B	457.64B
Total Liabilities	1.29T	1.23T	1.06T	890.89B	779.12B	715.66B
Stockholders Equity	229.77B	217.92B	197.91B	176.07B	153.90B	145.55B
Cash Flow
Free Cash Flow	-85.58B	-101.06B	-84.31B	-75.08B	-19.15B	15.67B
Operating Cash Flow	-67.03B	-82.87B	-74.21B	-70.59B	-15.63B	20.28B
Investing Cash Flow	-22.65B	-35.10B	-12.76B	-8.95B	-2.22B	-9.27B
Financing Cash Flow	89.23B	119.82B	100.93B	78.20B	21.03B	-18.81B

Aiful Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 539.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Positive. The current price of 539 is above the 20-day moving average (MA) of 505.75, above the 50-day MA of 486.14, and above the 200-day MA of 424.28, indicating a bullish trend. The MACD of 12.65 indicates Negative momentum. The RSI at 68.79 is Neutral, neither overbought nor oversold. The STOCH value of 78.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8515.

Aiful Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8572	69 Neutral	€745.08B	13.99	7.91%	3.56%	6.65%	-4.35%
8253	68 Neutral	$591.42B	8.76	9.13%	2.85%	20.96%	22.58%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8511	67 Neutral	€150.79B	15.75	6.77%	3.79%	54.96%	-0.61%
8584	67 Neutral	¥179.15B	8.19	―	4.57%	2.13%	-25.62%
8570	63 Neutral	$327.10B	23.08	3.05%	3.41%	10.31%	-40.64%
8515	60 Neutral	€220.08B	9.56	13.08%	1.35%	15.37%	26.00%

Aiful Corporation Corporate Events

Aiful Corporation Corrects Date in Financial Results Announcement

Aiful Corporation announced a correction to its previously released Consolidated Financial Results for the second quarter of fiscal year 2025. The correction pertains to an error in the date of a Board of Directors meeting, which has been updated on their corporate website. This correction does not affect any financial statements or numerical figures, thus maintaining the company’s financial integrity and transparency with stakeholders.

Aiful Corporation Reports Strong Growth in Q2 2025 Financial Results

Aiful Corporation reported significant growth in its financial performance for the second quarter of fiscal year 2025, with operating revenue increasing by 14.4% and profit attributable to owners of the parent rising by 76.1% compared to the previous year. The company has expanded its scope of consolidation by including six new subsidiaries, which is expected to enhance its market positioning and operational capabilities.

Aiful Corporation Revises Financial Forecasts Upward Amid Strong Business Growth

Aiful Corporation has revised its financial forecasts for the first half of the fiscal year ending March 31, 2026, showing significant increases in both consolidated and non-consolidated profits due to expanding loan and credit businesses and reduced credit costs. The revisions indicate a strong operational performance, with consolidated operating profit expected to rise by 44% and non-consolidated operating profit by 64.9%, reflecting a positive impact on the company’s market positioning and stakeholder confidence.