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Tokai Tokyo Financial Holdings
(8616)
Tokai Tokyo Financial Holdings (8616) vs. iShares MSCI Japan ETF (EWJ)
Tokai Tokyo Financial Holdings Business Overview & Revenue Model
Tokai Tokyo Financial Holdings Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 83.54B | 87.27B | 89.10B | 73.52B | 81.54B | 69.36B |
| Gross Profit | 72.30B | 76.34B | 79.16B | 62.62B | 72.45B | 60.38B |
| EBITDA | 15.66B | 20.94B | 22.05B | 9.66B | 21.01B | 16.16B |
| Net Income | 8.12B | 11.05B | 10.19B | 1.95B | 13.15B | 9.09B |
Balance Sheet | ||||||
| Total Assets | 1.22T | 1.41T | 1.40T | 1.06T | 1.58T | 1.42T |
| Cash, Cash Equivalents and Short-Term Investments | 404.50B | 531.91B | 417.00B | 392.46B | 618.89B | 666.98B |
| Total Debt | 650.49B | 388.26B | 643.97B | 521.81B | 752.38B | 752.16B |
| Total Liabilities | 1.03T | 1.21T | 1.21T | 874.67B | 1.40T | 1.24T |
| Stockholders Equity | 178.94B | 181.92B | 180.27B | 169.83B | 173.23B | 166.01B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 20.39B | 10.61B | 104.19B | 1.49B | -75.27B |
| Operating Cash Flow | 0.00 | 20.78B | 12.81B | 107.31B | 5.67B | -73.07B |
| Investing Cash Flow | -24.36B | -24.36B | -42.57B | -18.62B | -23.01B | -12.40B |
| Financing Cash Flow | 17.66B | 17.66B | -4.53B | -57.59B | 32.35B | 104.81B |
Tokai Tokyo Financial Holdings Technical Analysis
Tokai Tokyo Financial Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥60.18B | 10.05 | 17.21% | 4.27% | 7.60% | 7.20% | |
76 Outperform | ¥44.66B | 7.03 | 6.18% | 4.42% | 1.56% | -9.90% | |
72 Outperform | $2.01T | 3.01 | 20.02% | 2.63% | 23.96% | 179.16% | |
72 Outperform | ¥185.78B | 7.61 | 7.40% | 5.60% | 3.10% | 17.73% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
60 Neutral | ¥123.41B | 8.60 | 5.11% | 5.07% | -19.64% | -31.08% | |
59 Neutral | ¥23.57B | -8.03 | ― | ― | -33.10% | -49.56% |
Tokai Tokyo Financial Holdings Corporate Events
Tokai Tokyo Financial Holdings has announced upcoming changes in the top leadership of its core subsidiary, Tokai Tokyo Securities, following a preliminary decision by the subsidiary’s Board of Directors on March 18, 2026. The move reflects internal director changes within the group and signals a reallocation of executive talent across its operating companies.
Effective April 1, 2026, Masanori Hayashi, currently Deputy President and Head of Strategy Planning Group at Tokai Tokyo Financial Holdings, will become Chairman and Representative Director of Tokai Tokyo Securities. Incumbent Chairman and Representative Director Mikio Fujii will step down on March 31, 2026, and transition to lead Tokai Tokyo Intelligence Laboratory Co., Ltd. as President and Representative Director and CHEER Securities Inc. as Chairman and Representative Director, reinforcing leadership oversight across the group’s broader platform.
The most recent analyst rating on (JP:8616) stock is a Buy with a Yen836.00 price target. To see the full list of analyst forecasts on Tokai Tokyo Financial Holdings stock, see the JP:8616 Stock Forecast page.
Tokai Tokyo Financial Holdings has completed the payment process for issuing new shares as restricted stock compensation to full-time employees, resulting in 813,400 common shares being issued instead of the previously planned 836,500 after some employees lost their allotment rights. The total issuance amount fell to ¥592,968,600, and the number of employee allottees decreased from 2,326 to 2,249, prompting the company to file a correction to its prior extraordinary report under the Financial Instruments and Exchange Act.
In line with its policy to cancel treasury shares equal to the number of new shares issued, the company has completed the cancellation of 813,400 treasury shares, down from the initially planned 836,500, representing 0.31% of total shares outstanding. This adjustment keeps overall share count effectively neutral while fine-tuning capital structure and maintaining shareholder value, as the issuance and cancellation occur simultaneously on March 13, 2026.
The most recent analyst rating on (JP:8616) stock is a Buy with a Yen865.00 price target. To see the full list of analyst forecasts on Tokai Tokyo Financial Holdings stock, see the JP:8616 Stock Forecast page.
Tokai Tokyo Financial Holdings announced that certified public accountants have completed their interim review of the Japanese-language quarterly consolidated financial statements for the nine months ended December 31, 2025, with no revisions required to the figures disclosed on January 30, 2026. The group reported higher operating revenue, net operating revenue, ordinary profit, and profit attributable to owners of parent year on year, while also confirming an interim dividend of ¥22 per share, including a commemorative component, and indicating that a further commemorative dividend is planned at year-end, underscoring stable capital levels despite market-driven earnings volatility.
The company’s consolidated financial position remains solid, with an increase in total assets and shareholders’ equity compared with the prior fiscal year-end, and a shareholders’ equity ratio in the mid-30% range. Tokai Tokyo will provide supplementary materials and hold a financial results briefing for analysts and institutional investors, signaling an emphasis on transparency and investor communication even as it refrains from issuing full-year earnings forecasts because of market uncertainty.
The most recent analyst rating on (JP:8616) stock is a Buy with a Yen858.00 price target. To see the full list of analyst forecasts on Tokai Tokyo Financial Holdings stock, see the JP:8616 Stock Forecast page.
Tokai Tokyo Financial Holdings has approved the issuance of 836,500 new shares of common stock as restricted stock compensation to 2,326 full-time employees, with a total value of approximately 609.8 million yen, coinciding with the group’s 25th anniversary and aimed at rewarding past contributions while promoting long-term wealth building for staff. To avoid shareholder dilution, the company will simultaneously cancel the same number of treasury shares, representing about 0.32% of its outstanding stock, and has structured a short transfer-restriction period and retention conditions to align employees’ interests more closely with corporate performance and shareholder value, reinforcing its incentive framework and capital policy discipline.
The most recent analyst rating on (JP:8616) stock is a Buy with a Yen817.00 price target. To see the full list of analyst forecasts on Tokai Tokyo Financial Holdings stock, see the JP:8616 Stock Forecast page.
Tokai Tokyo Financial Holdings released an outline of its consolidated financial highlights for the third quarter of the fiscal year ending March 2026, detailing trends in operating revenue, expenses, non-operating profits, segment earnings, and balance sheet and income statement metrics. The update shows the group’s emphasis on monitoring assets under management and custody, retail customer cash and securities inflows, and performance of key business lines such as stock and foreign securities trading, investment trusts, and its specialized “Orque d’or” and investment banking units, providing stakeholders with a high-level view of business momentum and capital adequacy without disclosing detailed numerical results.
The most recent analyst rating on (JP:8616) stock is a Buy with a Yen817.00 price target. To see the full list of analyst forecasts on Tokai Tokyo Financial Holdings stock, see the JP:8616 Stock Forecast page.
Tokai Tokyo Financial Holdings reported consolidated results for the nine months ended December 31, 2025, showing year-on-year growth in operating revenue, net operating revenue, ordinary profit, and profit attributable to owners of parent, alongside an improvement in net assets and net assets per share. The company confirmed interim and year-end dividend components for the fiscal year ending March 31, 2026, including ordinary and commemorative dividends, but maintained that full-year earnings and final dividend forecasts remain undecided due to the inherent difficulty of projecting performance in volatile markets; it also reported the exclusion of Tokai Tokyo Digital Platform Co., Ltd. from the scope of consolidation and noted that its quarterly financial statements had not yet undergone an external review at the time of disclosure.
The most recent analyst rating on (JP:8616) stock is a Buy with a Yen817.00 price target. To see the full list of analyst forecasts on Tokai Tokyo Financial Holdings stock, see the JP:8616 Stock Forecast page.
Tokai Tokyo Securities has partnered with Prime Partners to establish the Next Tokai Innovation Fund I Investment Limited Partnership, also known as the NEX-T Fund, with Tokai Tokyo Investment and Japan Post Bank joining as anchor investors. The new regional revitalization fund is designed to invest in and nurture startups that will drive next-generation growth in Japan’s Tokai region, building on a prior collaboration memorandum with Japan Post Bank and the recent creation of a dedicated Startup Support Office within Tokai Tokyo’s investment banking arm. By formalizing this fund and bringing in a major national institution like Japan Post Bank, Tokai Tokyo is deepening its commitment to startup support as a strategic business pillar and positioning itself as a key player in strengthening the Tokai region’s startup ecosystem and innovation infrastructure.
The most recent analyst rating on (JP:8616) stock is a Buy with a Yen824.00 price target. To see the full list of analyst forecasts on Tokai Tokyo Financial Holdings stock, see the JP:8616 Stock Forecast page.
Tokai Tokyo Financial Holdings has approved the grant of restricted stock compensation to its full-time employees, including those seconded to subsidiaries, as part of a special program marking the group’s 25th anniversary. The scheme is designed both to reward past contributions and to align employees more closely with the company’s performance and share price by linking the number of shares granted to individual tenure and requiring employees to invest a monetary claim, equivalent to the stock’s recent market price, into newly issued common shares that are then subject to transfer restrictions until June 30, 2026. By tying employee incentives to long-term corporate value and mandating that the shares be held in restricted accounts at CHEER Securities, the company aims to strengthen employee engagement, support their long-term wealth building, and promote greater value sharing with shareholders, potentially improving organizational cohesion and reinforcing its competitive position in the financial services sector.
The most recent analyst rating on (JP:8616) stock is a Buy with a Yen718.00 price target. To see the full list of analyst forecasts on Tokai Tokyo Financial Holdings stock, see the JP:8616 Stock Forecast page.