Toyo Securities Co., Ltd. (8614) AI Stock Analysis

• Market Cap: ¥33.34B
• Dividend Yield: 4.21%
• Average Volume (3M): 379.83K
• Price to Earnings (P/E): 13.8
• Beta (1Y): 0.82
• Revenue Growth: 11.94%
• EPS Growth: 117.54%
• Country: JP
• Employees: 646
• Sector: Financial
• Sector Strength: 79
• Industry: Financial - Capital Markets
• EPS (TTM): 35.55
• Shares Outstanding: 73,877,570
• 10 Day Avg. Volume: 347,350
• 30 Day Avg. Volume: 379,833
• PEG Ratio: -7.36
• Price to Book (P/B): 1.50
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.55
• 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: 65 Neutral
• Price Target: ¥500.00 ▲(6.38%Upside)

Toyo Securities Co., Ltd. demonstrates strong financial performance with notable revenue growth and profitability. However, cash flow issues present a risk. The valuation is attractive due to a reasonable P/E ratio and high dividend yield. Technical indicators are mixed, reflecting uncertainty in market momentum.

Toyo Securities Co., Ltd. Business Overview & Revenue Model

Company Description

Toyo Securities Co., Ltd. (8614) is a financial services company based in Japan, primarily engaged in securities brokerage and related financial activities. The company offers a range of services including securities trading, underwriting, asset management, and advisory services to both individual and institutional clients. As a player in the financial sector, Toyo Securities aims to provide comprehensive investment solutions tailored to meet the diverse needs of its clients.

How the Company Makes Money

Toyo Securities Co., Ltd. generates revenue primarily through brokerage commissions from trading activities, where clients buy and sell securities such as stocks and bonds. Additionally, the company earns money from underwriting services, where it assists in the issuance of new securities and earns fees for its services. Asset management and advisory services also contribute to its revenue stream, as the company manages investment portfolios on behalf of clients and provides strategic financial advice. Partnerships with other financial institutions and leveraging market trends are significant factors that enhance Toyo Securities' earnings potential.

Toyo Securities Co., Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
13.23B	12.02B	8.34B	10.86B	11.96B	9.70B
	Gross Profit
12.96B	11.79B	8.14B	10.78B	11.84B	9.60B
	EBIT
2.43B	1.15B	-2.17B	-180.00M	643.00M	-1.75B
	EBITDA
2.16B	1.37B	-1.65B	756.00M	1.05B	-1.30B
	Net Income Common Stockholders
2.19B	1.30B	-2.96B	875.00M	937.00M	-619.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
31.40B	25.16B	24.17B	29.33B	34.20B	24.45B
	Total Assets
81.37B	80.75B	66.19B	80.37B	87.17B	71.67B
	Total Debt
4.80B	10.01B	10.25B	15.76B	17.21B	9.94B
	Net Debt
-26.60B	-15.15B	-13.02B	-12.93B	-16.59B	-14.11B
	Total Liabilities
50.78B	41.35B	31.99B	41.94B	48.58B	36.51B
	Stockholders Equity
30.59B	39.40B	34.20B	38.44B	38.59B	35.16B
Cash Flow		Free Cash Flow
-2.80B	2.95B	-2.89B	-6.73B	1.92B	4.08B
	Operating Cash Flow
-2.75B	3.49B	-2.58B	-4.07B	2.06B	4.27B
	Investing Cash Flow
106.00M	1.51B	78.00M	70.00M	516.00M	2.42B
	Financing Cash Flow
-902.00M	-2.10B	-4.65B	-495.00M	7.70B	-957.00M

Toyo Securities Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 470.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8614, the sentiment is Positive. The current price of 470 is above the 20-day moving average (MA) of 461.05, above the 50-day MA of 463.33, and below the 200-day MA of 477.45, indicating a neutral trend. The MACD of 2.39 indicates Negative momentum. The RSI at 56.41 is Neutral, neither overbought nor oversold. The STOCH value of 76.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8614.

Toyo Securities Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8704	85 Outperform	¥32.77B	6.74		3.60%	32.92%	39.36%
8699	77 Outperform	¥38.26B	2.40		1.04%	-23.80%	29.20%
8622	76 Outperform	¥32.37B	14.30	5.79%	5.45%	-2.26%	6.91%
8707	75 Outperform	¥49.96B	7.43		11.75%	6.95%	21.10%
8708	66 Neutral	¥39.74B	12.77		2.03%	5.78%	26.02%
8614	65 Neutral	¥33.34B	13.79		4.21%	11.94%	117.54%
Sector *	64 Neutral	$12.85B	9.81	7.79%	78.20%	12.23%	-7.93%

Toyo Securities Co., Ltd. Corporate Events

Toyo Securities Ends Large-Scale Purchase Response Policy

Toyo Securities Co., Ltd. announced the termination of its policy for responding to large-scale purchases of its shares, effective May 18, 2025. This decision follows the expiration of the policy’s effective period and the unchanged circumstances regarding shareholding and contact with entities like Be Brave and others. The company plans to continue enhancing its corporate value by ensuring transparency and requiring detailed information from potential large-scale purchasers, aligning with relevant laws and regulations.

Toyo Securities Announces Significant Increase in Year-End Dividend

Toyo Securities Co., Ltd. announced a year-end dividend of 50 yen per share for the fiscal year ended March 31, 2025, significantly higher than the previous year’s 10 yen. This decision aligns with the company’s policy to maintain a dividend payout ratio of 60% or more and reflects its strategy to enhance shareholder value while ensuring sustainable dividend payments.

Toyo Securities Reports Decreased Revenues but Increased Profits and Dividends

Toyo Securities Co., Ltd. reported a decrease in operating revenues and profits for the fiscal year ended March 31, 2025, compared to the previous year. Despite the decline in revenues, the company saw a significant increase in profit attributable to owners of the parent, indicating improved profitability. The company also announced an increase in annual dividends per share, reflecting a positive outlook for shareholder returns.

Toyo Securities to End Policy on Large-Scale Share Purchases

Toyo Securities Co., Ltd. has announced its decision to terminate its policy for responding to large-scale purchases of its shares, which was initially adopted to protect the company’s medium- to long-term corporate value and shareholders’ interests. The decision follows a recommendation from the company’s independent committee, which concluded that the current circumstances do not warrant an extension of the policy. The termination will take effect upon the policy’s expiration on May 18, 2025, and the company plans to continue enhancing its corporate value by ensuring transparency in large-scale share purchases.

Toyo Securities Reports Mixed Preliminary Financial Results for FY 2025

Toyo Securities Co., Ltd. announced its preliminary consolidated financial results for the fiscal year ended March 31, 2025, showing a decrease in operating and ordinary profits due to a drop in commissions from Japanese equity and subscription and distribution funds. However, the profit attributable to the owner of the parent increased significantly due to extraordinary profit from the sale of investment securities.