Strong Equity BaseA 72.17% equity ratio indicates a durable capital structure that cushions operational losses and supports credibility with counterparties. Over a 2–6 month horizon this capital buffer preserves strategic optionality to invest or restructure without immediate solvency pressure.

Very Low Financial LeverageNear-zero debt materially reduces fixed interest burden and bankruptcy risk, giving management flexibility to fund recovery via retained capital or modest borrowing. This low leverage is a lasting structural strength during periods of cash shortfall.

High Gross MarginAn 86% gross margin suggests the core business or trading activities generate wide spreads before overhead. If revenue stabilizes, this structural profitability at the gross level improves prospects for restoring operating profitability through cost control and scale.

Bears Say

Severe Revenue ContractionA 62.7% year-on-year revenue collapse signals loss of scale that erodes fixed-cost coverage, client reach, and pricing power. Revenue recovery typically takes months to quarters, and prolonged contraction undermines long-term margin recovery and strategic investments.

Deep Negative ProfitabilityA net margin near -84% and negative ROE reflect persistent operating losses that destroy shareholder value and impede reinvestment. Over several months this weak profitability limits ability to rebuild reserves or fund growth without external financing or drastic structural changes.

Large Free Cash Flow DeficitA ¥2,916m negative FCF denotes significant cash burn and weak cash conversion. Even with strong equity, sustained negative FCF pressures liquidity, forces reliance on financing or asset sales, and constrains operational investments or client service capacity over the medium term.

8617 FAQ

What was Kosei Securities Co., Ltd.’s price range in the past 12 months?

Kosei Securities Co., Ltd. lowest stock price was ¥350.00 and its highest was ¥603.00 in the past 12 months.

What is Kosei Securities Co., Ltd.’s market cap?

Kosei Securities Co., Ltd.’s market cap is ¥5.27B.

When is Kosei Securities Co., Ltd.’s upcoming earnings report date?

Kosei Securities Co., Ltd.’s upcoming earnings report date is Apr 16, 2026 which is in 59 days.

How were Kosei Securities Co., Ltd.’s earnings last quarter?

Kosei Securities Co., Ltd. released its earnings results on Jan 22, 2026. The company reported ¥9.08 earnings per share for the quarter, beating the consensus estimate of N/A by ¥9.08.

Is Kosei Securities Co., Ltd. overvalued?

According to Wall Street analysts Kosei Securities Co., Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Kosei Securities Co., Ltd. pay dividends?

Kosei Securities Co., Ltd. pays a Annually dividend of ¥5 which represents an annual dividend yield of 1.12%. See more information on Kosei Securities Co., Ltd. dividends here

What is Kosei Securities Co., Ltd.’s EPS estimate?

Kosei Securities Co., Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Kosei Securities Co., Ltd. have?

Kosei Securities Co., Ltd. has 9,486,400 shares outstanding.

What happened to Kosei Securities Co., Ltd.’s price movement after its last earnings report?

Kosei Securities Co., Ltd. reported an EPS of ¥9.08 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 5.952%.

Which hedge fund is a major shareholder of Kosei Securities Co., Ltd.?

Currently, no hedge funds are holding shares in JP:8617

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Kosei Securities Co., Ltd.

The Kosei Securities Co., Ltd. engages in the brokerage, underwriting, and selling of securities in Japan. It handles stocks, bonds, mutual funds, futures/options, real estate investment trusts, and insurance. The company was founded in 1961 and is headquartered in Osaka, Japan.