Ichiyoshi Securities Co Ltd (JP:8624)
:8624
Top Page
Ichiyoshi Securities Co
(8624)
Select Model
Select Model
Rating:76Outperform
Price Target:
¥1,632.00
▲(47.16% Upside)
Action:ReiteratedDate:03/19/26
The score is driven primarily by solid financial strength (low leverage and strong margins) and an attractive valuation (low P/E and meaningful dividend yield). This is partially offset by weaker cash flow in the latest year and only moderate near-term technical momentum despite the longer-term uptrend.
Positive Factors
Strong balance sheet / low leverage
Very low financial leverage and a high equity ratio materially reduce solvency and refinancing risk, giving the firm durable capacity to underwrite, hold inventory, pay dividends or absorb market shocks without immediate liquidity strain. This supports long-term operational resilience.
Negative Factors
Weak cash flow generation
Negative operating and free cash flow erode internal funding for capital allocation, dividends or buybacks and increase reliance on retained capital despite a strong balance sheet. Over months this can constrain investments, liquidity buffers, and strategic flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet / low leverage
Very low financial leverage and a high equity ratio materially reduce solvency and refinancing risk, giving the firm durable capacity to underwrite, hold inventory, pay dividends or absorb market shocks without immediate liquidity strain. This supports long-term operational resilience.
Read all positive factors
Ichiyoshi Securities Co (8624) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥46.71B
Dividend Yield4.42%
Average Volume (3M)110.12K
Price to Earnings (P/E)7.0
Beta (1Y)1.16
Revenue Growth1.56%
EPS Growth-9.90%
CountryJP
Employees957
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)38.43
Shares Outstanding37,931,385
10 Day Avg. Volume77,060
30 Day Avg. Volume110,120
Financial Highlights & Ratios
PEG Ratio-0.92
Price to Book (P/B)0.91
Price to Sales (P/S)1.33
P/FCF Ratio-43.69
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Ichiyoshi Securities Co Business Overview & Revenue Model
Company Description
Ichiyoshi Securities Co., Ltd. operates in the securities industry in Japan. The company conducts research and gathers information on stocks of small- and medium-sized growth companies. It also provides discretionary investment and advisory servic...
How the Company Makes Money
Ichiyoshi Securities primarily makes money through securities-related fees and trading income generated from client and firm activities. Key revenue streams generally include: (1) Brokerage commissions and fees earned when retail and institutional...
Ichiyoshi Securities Co Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
82
Very Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.41B | 18.81B | 18.84B | 16.66B | 19.59B | 19.74B |
| Gross Profit | 18.18B | 18.30B | 18.80B | 16.62B | 19.55B | 18.20B |
| EBITDA | 2.24B | 2.76B | 3.32B | 1.65B | 3.87B | 1.79B |
| Net Income | 1.20B | 1.56B | 1.93B | 758.00M | 2.53B | 1.00B |
Balance Sheet | ||||||
| Total Assets | 45.62B | 41.90B | 46.65B | 42.67B | 47.94B | 49.21B |
| Cash, Cash Equivalents and Short-Term Investments | 22.21B | 17.99B | 21.87B | 16.19B | 17.74B | 17.31B |
| Total Debt | 3.64B | 2.28B | 361.00M | 628.00M | 592.00M | 491.00M |
| Total Liabilities | 18.45B | 14.44B | 17.64B | 14.85B | 17.87B | 20.10B |
| Stockholders Equity | 27.17B | 27.46B | 29.01B | 27.82B | 30.06B | 29.11B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -573.00M | 3.40B | 1.32B | 1.65B | 4.42B |
| Operating Cash Flow | 0.00 | -524.00M | 3.79B | 1.61B | 2.09B | 4.86B |
| Investing Cash Flow | 0.00 | -296.00M | -524.00M | -320.00M | -169.00M | -44.00M |
| Financing Cash Flow | 0.00 | -3.04B | -1.14B | -2.82B | -1.38B | -1.12B |
Ichiyoshi Securities Co Technical Analysis
Positive
1109.00
Price Trends
1315.66
Positive
1156.00
Positive
973.47
Positive
Market Momentum
18.13
Positive
54.39
Neutral
44.66
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8624, the sentiment is Positive. The current price of 1109 is below the 20-day moving average (MA) of 1396.50, below the 50-day MA of 1315.66, and above the 200-day MA of 973.47, indicating a bullish trend. The MACD of 18.13 indicates Positive momentum. The RSI at 54.39 is Neutral, neither overbought nor oversold. The STOCH value of 44.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8624.
Ichiyoshi Securities Co Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥61.12B | 10.05 | 17.21% | 4.27% | 7.60% | 7.20% | |
76 Outperform | ¥46.71B | 7.03 | 6.18% | 4.42% | 1.56% | -9.90% | |
72 Outperform | ¥1.98T | 3.01 | 20.02% | 2.63% | 23.96% | 179.16% | |
72 Outperform | ¥189.50B | 7.61 | 7.40% | 5.60% | 3.10% | 17.73% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
63 Neutral | ¥16.74B | 9.36 | ― | 2.86% | 36.31% | 52.62% | |
50 Neutral | ¥30.01B | -8.03 | ― | ― | -33.10% | -49.56% |
* Financial Sector Average
JP:8624
Ichiyoshi Securities Co
1,478.00
738.04
99.74%
JP:8473
SBI Holdings
2,993.50
923.35
44.60%
JP:8739
Sparx Group Co
1,950.00
389.17
24.93%
JP:8616
Tokai Tokyo Financial Holdings
763.00
273.99
56.03%
JP:3454
First Brothers Co., Ltd.
1,194.00
197.22
19.79%
JP:6620
Miyakoshi Holdings, Inc.
750.00
-563.00
-42.88%
Ichiyoshi Securities Co Corporate Events
Ichiyoshi Securities Links Executive Pay to New Stock-Based Incentive Plan
Mar 18, 2026
Ichiyoshi Securities has approved the introduction of a new performance-linked stock compensation plan using a stock ownership trust for its directors, executive officers and operating officers at the parent and subsidiaries, excluding outside dir...
Ichiyoshi Securities Launches “Target 5” Plan to Drive Stock-Type Business Model
Mar 18, 2026
Ichiyoshi Securities has unveiled a new four-year medium-term management plan, “Target 5 ,” to accelerate its ongoing shift toward a customer-focused, stock-type business model built on recurring fee income. The plan follows the conclu...
Ichiyoshi Securities Lifts Payout With 75th Anniversary Dividends
Mar 18, 2026
Ichiyoshi Securities has provisionally set its final dividend for the fiscal year ending March 31, 2026 at 58 yen per share, combining a 48 yen regular dividend with a 10 yen commemorative payment tied to its 75th anniversary. The final figure, to...
Ichiyoshi Securities Proposes New Outside Director in Board Slate for 2026
Mar 4, 2026
Ichiyoshi Securities’ nominating committee has proposed a slate of seven directors for approval at its 84th annual shareholders’ meeting in June 2026, maintaining the current leadership structure with President and Representative Execu...
Ichiyoshi Securities Delivers Profit Surge and Commemorative Payout Ahead of 75th Anniversary
Jan 29, 2026
Ichiyoshi Securities reported strong consolidated results for the first three quarters of fiscal 2025, with operating revenue, net operating revenue, operating profit, ordinary profit and profit attributable to owners of parent all posting year-on...
Ichiyoshi Securities’ Preliminary 9-Month Profit Soars on Shift to Stock-Type Business Model
Jan 22, 2026
Ichiyoshi Securities reported strong preliminary consolidated results for the first three quarters of fiscal 2025, with operating revenue rising 19.1% year on year to ¥17.2 billion and net income attributable to owners of the parent jumping 8...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.