Okasan Securities Group Inc. (8609) AI Stock Analysis

• Market Cap: ¥198.45B
• Dividend Yield: 4.01%
• Average Volume (3M): 312.57K
• Price to Earnings (P/E): 6.7
• Beta (1Y): 1.31
• Revenue Growth: -2.39%
• EPS Growth: -4.54%
• Country: JP
• Employees: 3,281
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 27.87
• Shares Outstanding: 231,217,070
• 10 Day Avg. Volume: 261,570
• 30 Day Avg. Volume: 312,566
• PEG Ratio: -1.11
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 1.68
• P/FCF Ratio: -5.54
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 80 Outperform
• Price Target: ¥1,044.00 ▲(38.83% Upside)
• Action: Reiterated Date: 02/04/26
• Date: Action: Reiterated 02/04/26

The score is driven primarily by strong financial fundamentals (robust equity position and improving free cash flow) and bullish technicals (price above key moving averages with positive MACD). Valuation is supportive with a moderate P/E and a solid dividend yield, while revenue and net margin inconsistency temper the overall rating.

Positive Factors

Strong Capital Structure

Low leverage and a strong equity ratio provide durable financial resiliency for a securities firm. This supports regulatory capital requirements, underpins underwriting capacity, allows opportunistic market-making, and preserves financial flexibility during market downturns without needing urgent external financing.

Negative Factors

Inconsistent Revenue Trends

Volatile and recently declining revenues reduce earnings predictability and constrain strategic planning. For a capital-markets franchise, unstable fee and trading income complicates investment timing, hiring, and product development, limiting sustainable growth unless revenue streams are diversified.

Okasan Securities Group Inc. Business Overview & Revenue Model

Company Description

Okasan Securities Group Inc., a securities company, provides securities investment and asset management services for individual, institutional, and corporate clients in Japan and internationally. The company operates through Securities Business, A...

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Okasan Securities Group Inc., a securities company, provides securities investment and asset management services for individual, institutional, and corporate clients in Japan and internationally. The company operates through Securities Business, A...

How the Company Makes Money

Okasan Securities Group generates revenue primarily through brokerage fees from trading activities in stocks, bonds, and other financial instruments. The company charges commissions for executing trades on behalf of clients, which constitutes a si...

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Okasan Securities Group generates revenue primarily through brokerage fees from trading activities in stocks, bonds, and other financial instruments. The company charges commissions for executing trades on behalf of clients, which constitutes a si...

Okasan Securities Group Inc. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	77.50B	79.87B	82.52B	64.89B	72.56B	66.11B
Gross Profit	77.50B	79.87B	82.52B	64.89B	72.56B	66.11B
EBITDA	13.50B	18.98B	20.15B	4.71B	16.57B	9.37B
Net Income	10.06B	11.65B	13.17B	529.00M	10.07B	6.02B
Balance Sheet
Total Assets	1.37T	1.38T	1.21T	876.06B	816.57B	783.44B
Cash, Cash Equivalents and Short-Term Investments	557.58B	51.50B	514.07B	91.71B	90.06B	71.07B
Total Debt	156.55B	685.80B	166.09B	177.05B	165.12B	142.19B
Total Liabilities	1.17T	1.17T	993.63B	690.42B	626.71B	593.14B
Stockholders Equity	201.27B	208.23B	199.16B	173.44B	168.33B	168.35B
Cash Flow
Free Cash Flow	0.00	-24.21B	-6.48B	-8.85B	-5.74B	-42.99B
Operating Cash Flow	0.00	-20.69B	-4.76B	-1.36B	-4.20B	-40.94B
Investing Cash Flow	0.00	6.18B	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: 752.00
• 50DMA: Negative
• 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:8609, the sentiment is Positive. The current price of 752 is below the 20-day moving average (MA) of 869.80, below the 50-day MA of 899.12, and above the 200-day MA of 751.00, indicating a neutral trend. The MACD of -9.26 indicates Negative momentum. The RSI at 53.14 is Neutral, neither overbought nor oversold. The STOCH value of 69.96 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
8707	81 Outperform	¥88.20B	6.63	―	5.75%	10.85%	30.77%
8609	80 Outperform	¥198.45B	6.74	―	4.01%	-2.39%	-4.54%
8601	76 Outperform	¥2.13T	10.19	9.37%	4.13%	-0.87%	6.88%
8628	74 Outperform	¥253.71B	12.14	14.00%	5.13%	3.27%	-1.81%
8604	69 Neutral	¥3.61T	10.42	10.23%	3.93%	-2.45%	35.60%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8698	43 Neutral	¥178.25B	13.27	7.26%	4.16%	14.69%	-114.36%

Okasan Securities Group Inc. Corporate Events