Okasan Securities Group Inc. (8609) AI Stock Analysis

• Market Cap: ¥149.39B
• Dividend Yield: 4.44%
• Average Volume (3M): 308.26K
• Price to Earnings (P/E): 11.7
• Beta (1Y): 1.16
• Revenue Growth: -2.52%
• EPS Growth: -10.44%
• Country: JP
• Employees: 3,281
• Sector: Financial
• Sector Strength: 82
• Industry: Financial - Capital Markets
• EPS (TTM): 10.64
• Shares Outstanding: 231,217,070
• 10 Day Avg. Volume: 330,150
• 30 Day Avg. Volume: 308,260
• PEG Ratio: -1.92
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.87
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 77 Outperform
• Price Target: ―

Okasan Securities Group Inc. exhibits strong financial health with effective cost management and operational efficiency. Despite fluctuating revenues, the company maintains a solid equity structure and improving cash flows. Technical indicators show positive market momentum, complementing a reasonable valuation with a favorable P/E ratio and dividend yield. These factors contribute to a robust overall stock score.

Okasan Securities Group Inc. Business Overview & Revenue Model

Company Description

Okasan Securities Group Inc. is a prominent financial services company based in Japan, primarily operating in the securities sector. The company offers a wide range of financial products and services including brokerage, asset management, and investment banking. Its core services are focused on providing comprehensive securities and investment solutions to individual and institutional investors, leveraging its expertise and extensive network in the financial markets.

How the Company Makes Money

Okasan Securities Group Inc. generates revenue primarily through brokerage commissions, trading gains, and fees from asset management services. The company earns brokerage commissions by facilitating the buying and selling of securities on behalf of its clients. Trading gains are realized from proprietary trading activities in various financial instruments. Additionally, the company manages assets for clients, earning management and performance fees. Significant partnerships with financial institutions and a strong presence in the Japanese securities market also contribute to its earnings, allowing it to offer competitive and diverse financial products.

Okasan Securities Group Inc. Financial Statement Overview

Summary

Okasan Securities Group Inc. demonstrates strong financial health with stable profitability, robust equity structure, and improving cash flows. While revenue growth has been inconsistent, efficient cost management and operational effectiveness are evident. The company is well-positioned for future growth, albeit with a need to stabilize revenue streams.

Income Statement

The company shows a fluctuating revenue pattern with recent declines. Gross profit margins are strong, indicating efficient cost management. However, the net profit margin has been inconsistent, showing a decline in the most recent period. EBIT and EBITDA margins remain healthy, reflecting strong operational efficiency.

Balance Sheet

The balance sheet indicates solid equity with a low debt-to-equity ratio, suggesting financial stability. The equity ratio is strong, pointing to a robust capital structure. Return on equity has been stable, showcasing the company's ability to generate profits from its equity base.

Cash Flow

The cash flow statement reveals significant improvements in free cash flow, indicating enhanced liquidity. The operating cash flow to net income ratio suggests solid cash generation capability. The negative investing cash flow reflects continued investment in growth opportunities.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	85.72B	84.25B	85.83B	66.23B	83.86B	67.19B
Gross Profit	81.95B	79.00B	85.83B	61.88B	79.73B	62.85B
EBITDA	16.91B	18.22B	17.49B	0.00	17.50B	8.06B
Net Income	12.90B	11.65B	13.17B	529.00M	10.07B	6.02B
Balance Sheet
Total Assets	1.33T	1.38T	1.21T	876.06B	816.57B	783.44B
Cash, Cash Equivalents and Short-Term Investments	79.42B	523.08B	82.59B	88.46B	86.95B	69.01B
Total Debt	5.94B	162.99B	139.49B	271.91B	248.47B	184.27B
Total Liabilities	1.12T	1.17T	993.63B	10.00B	626.71B	593.14B
Stockholders Equity	207.31B	208.23B	199.16B	173.44B	168.33B	168.35B
Cash Flow
Free Cash Flow	0.00	132.43B	-6.32B	-8.85B	-5.74B	-42.99B
Operating Cash Flow	0.00	133.82B	-4.76B	-1.36B	-4.20B	-40.94B
Investing Cash Flow	0.00	-151.20B	2.39B	1.67B	7.04B	-3.72B
Financing Cash Flow	0.00	-18.50B	-4.41B	16.58B	13.26B	42.60B

Okasan Securities Group Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 678.00
• 50DMA: Positive
• 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:8609, the sentiment is Positive. The current price of 678 is above the 20-day moving average (MA) of 676.45, above the 50-day MA of 670.86, and above the 200-day MA of 626.56, indicating a bullish trend. The MACD of 0.22 indicates Positive momentum. The RSI at 53.14 is Neutral, neither overbought nor oversold. The STOCH value of 58.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8609.

Okasan Securities Group Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8609	77 Outperform	¥149.39B	11.73		4.44%	-2.52%	-10.44%
8707	74 Outperform	¥52.50B	7.81		11.19%	6.96%	21.10%
8613	70 Outperform	¥59.40B	15.56	7.44%	3.36%	8.25%	28.77%
8628	67 Neutral	¥178.65B	17.04	13.61%	5.18%	-2.58%	7.21%
Sector *	67 Neutral	¥718.51B	10.84	7.44%	3.36%	7.82%	15.26%
8708	66 Neutral	¥40.98B	13.17		1.97%	5.77%	25.66%
8698	50 Neutral	$179.77B	9.61	-4.56%	2.81%	-6.91%	-116.20%

Okasan Securities Group Inc. Corporate Events

Okasan Securities Group Implements Performance-Based Stock Compensation Plan

Okasan Securities Group Inc. has announced a decision to dispose of its treasury shares as part of a performance-based restricted stock compensation plan for its subsidiary employees. This initiative is part of the company’s broader strategy to implement a ‘Pay for Job, Pay for Performance’ system, fostering employee involvement and enhancing corporate value. The plan includes a five-year transfer restriction period for the allocated shares, aiming to incentivize long-term employee commitment and align their interests with the company’s growth objectives.

Okasan Securities Announces Treasury Share Disposal for Executive Compensation

Okasan Securities Group Inc. has announced the disposal of treasury shares as part of a restricted stock compensation plan aimed at incentivizing its directors and executive officers. This move is intended to align the interests of the company’s leadership with those of its shareholders, promoting sustainable corporate value. The disposal involves 515,400 common shares, valued at 675 yen each, with a total disposal value of 347,895,000 yen. The plan, approved in 2022, includes a restriction on the transfer of shares until the retirement of the recipients, ensuring long-term commitment and alignment with shareholder interests.

Okasan Securities Completes Treasury Share Purchase

Okasan Securities Group Inc. announced the completion of its treasury share purchase, acquiring 808,900 common shares for 556,523,800 yen between June 1 and June 19, 2025. This move is part of a broader strategy approved by the Board of Directors to buy back up to 2.5 million shares, aiming to enhance shareholder value and optimize capital structure.

Okasan Securities Group Inc. Announces Treasury Share Purchase

Okasan Securities Group Inc. announced the purchase of 1,409,300 treasury shares for 943,424,000 yen through market purchases on the Tokyo Stock Exchange. This move is part of a broader plan approved by the Board of Directors to buy back up to 2,500,000 shares, aiming to enhance shareholder value and optimize capital structure.

Okasan Securities Group Announces Stable Dividends for FY 2025

Okasan Securities Group Inc. announced a resolution for dividends from retained earnings, maintaining a dividend of 30 yen per share for the fiscal year ending March 2025. The company aims to balance growth and shareholder returns, with a total shareholder return ratio target of over 50%, and implemented a purchase of treasury shares worth 1,284 million yen this fiscal year.

Okasan Securities Reports Decline in Fiscal Year 2025 Financial Results

Okasan Securities Group Inc. reported a decline in its financial performance for the fiscal year ending March 31, 2025, with significant decreases in operating revenue, net operating revenue, and profit attributable to owners of the parent compared to the previous year. The company’s financial results reflect the challenges faced in the market, impacting its profitability and cash flows, with notable decreases in cash and cash equivalents. Despite these setbacks, the company maintained its dividend payout, signaling a commitment to shareholder returns.

Okasan Securities Group Announces Treasury Share Buyback Plan

Okasan Securities Group Inc. announced a decision to purchase up to 2.5 million of its own shares, representing 1.24% of its total shares, as part of a strategic financial maneuver to maintain a flexible capital policy. This move, involving a maximum expenditure of 1.5 billion yen, is intended to respond to the evolving management environment and to enhance shareholder returns, with the purchase period set from May 1 to June 30, 2025, through market purchases on the Tokyo Stock Exchange.