Ichiyoshi Securities Co (8624) AI Stock Analysis

• Market Cap: €28.25B
• Dividend Yield: 4.78%
• Average Volume (3M): 110.12K
• Price to Earnings (P/E): 15.9
• Beta (1Y): 1.02
• Revenue Growth: 1.56%
• EPS Growth: -9.90%
• Country: JP
• Employees: 957
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 33.25
• Shares Outstanding: 37,931,385
• 10 Day Avg. Volume: 77,060
• 30 Day Avg. Volume: 110,120
• 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 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: ¥1,125.00 ▲(13.75% Upside)

Ichiyoshi Securities Co. receives a strong overall score driven by robust technical analysis and a solid valuation profile. While financial performance shows areas for improvement, particularly in cash flow management, the company's low leverage and high dividend yield provide a stable foundation. The stock's bullish momentum further supports its attractiveness.

Positive Factors

Strong Balance Sheet

A low debt-to-equity ratio indicates financial stability and reduced risk of insolvency, providing a solid foundation for long-term growth and resilience.

Effective Cost Management

High gross profit margins reflect effective cost management, which supports sustained profitability and competitive positioning in the market.

Operational Efficiency

Strong EBIT and EBITDA margins indicate efficient operations, allowing the company to better withstand market fluctuations and invest in growth opportunities.

Negative Factors

Declining Profitability

A decline in Return on Equity signals reduced profitability, which may impact investor confidence and the company's ability to attract capital for expansion.

Cash Flow Volatility

Negative operating cash flow can strain liquidity and limit the company's ability to fund operations and growth initiatives, necessitating improved cash management.

Flat Revenue Growth

Stagnant revenue growth can hinder the company's ability to scale and compete effectively, requiring strategic initiatives to drive sales and market expansion.

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 services for institutional investors and trusts. In addition, the company is involved in the real estate renting, broking, and management services; sale of office supplies and goods; and insurance agency activities. Ichiyoshi Securities Co., Ltd. was founded in 1944 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Ichiyoshi Securities generates revenue through multiple streams, primarily from brokerage fees on the trading of securities, which includes commissions from buying and selling stocks and other financial instruments. Additionally, the firm earns income from asset management services, including fees for managing investment funds and portfolios for clients. The company may also generate revenue from advisory services provided to institutional clients, such as market analysis and strategic investment recommendations. Significant partnerships with financial institutions and technology providers enhance its service offerings and operational efficiency, contributing to its overall earnings.

Ichiyoshi Securities Co Financial Statement Overview

Summary

Ichiyoshi Securities Co. demonstrates strong margins and a stable balance sheet, with a low debt-to-equity ratio and high equity position. However, challenges in revenue growth, declining profitability, and cash flow volatility are areas for improvement.

Income Statement

Ichiyoshi Securities Co. showed strong gross profit margins consistently above 95%, indicating effective cost management. However, revenue has been relatively flat with a slight downward trend, experiencing negative growth of -0.13% in the latest year. The net profit margin decreased from 10.24% to 8.31%, showing a decline in profitability. Despite this, the company maintains healthy EBIT and EBITDA margins, enhancing operational efficiency.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.08, reflecting minimal financial leverage and reduced risk of insolvency. The equity ratio is robust at 65.54%, indicating a solid capital structure. Return on Equity decreased from 6.65% to 5.70%, suggesting reduced profitability for shareholders, but overall, the balance sheet remains stable and resilient.

Cash Flow

Cash flows exhibit volatility, with operating cash flow turning negative in the latest year. The free cash flow to net income ratio turned negative due to negative free cash flow, highlighting potential liquidity concerns. Historically, the company generated strong free cash flow, but recent trends indicate a need for improved cash management strategies.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.80B	18.81B	18.84B	16.66B	19.59B	19.74B
Gross Profit	13.56B	18.30B	18.80B	16.62B	19.55B	18.20B
EBITDA	1.75B	2.76B	3.32B	1.65B	3.87B	1.79B
Net Income	974.00M	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	61.00M	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

• Technical Analysis Sentiment: Positive
• Last Price: 989.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 989 is above the 20-day moving average (MA) of 920.40, above the 50-day MA of 875.27, and above the 200-day MA of 781.18, indicating a bullish trend. The MACD of 34.32 indicates Negative momentum. The RSI at 72.91 is Negative, neither overbought nor oversold. The STOCH value of 93.70 is Negative, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8624	78 Outperform	€28.25B	15.87	6.18%	4.78%	1.56%	-9.90%
8739	74 Outperform	¥46.89B	10.14	17.21%	4.55%	7.60%	7.20%
8616	72 Outperform	¥161.68B	13.09	6.79%	5.84%	3.10%	17.73%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
7347	62 Neutral	¥16.49B	239.29	―	2.53%	1.35%	-91.61%
8595	60 Neutral	€126.44B	19.22	5.11%	3.49%	-19.64%	-31.08%
8518	46 Neutral	€5.04B	65.75	4.15%	―	-6.60%	―

Ichiyoshi Securities Co Corporate Events

Ichiyoshi Securities Reports Strong Earnings Growth for First Half of Fiscal 2025

Ichiyoshi Securities Co., Ltd. reported a significant increase in its preliminary consolidated earnings for the first half of fiscal 2025, with operating revenue rising by 9% and net income attributable to owners up by 23.5% compared to the same period in the previous year. This growth is attributed to the steady progress of its ‘Stock-Type Business Model,’ which led to increased operating revenue from stable-income sources such as beneficiary certificates and commissions.

The most recent analyst rating on (JP:8624) stock is a Hold with a Yen851.00 price target. To see the full list of analyst forecasts on Ichiyoshi Securities Co stock, see the JP:8624 Stock Forecast page.

Ichiyoshi Securities Announces Provisional and Commemorative Dividends

Ichiyoshi Securities Co., Ltd. announced a provisional decision on a semi-annual dividend of 18.00 yen per share for the fiscal year ending March 31, 2026, along with a commemorative dividend of 10.00 yen per share to mark its 75th anniversary. This decision reflects the company’s commitment to rewarding shareholders and maintaining a payout ratio of approximately 50% of consolidated earnings per share, highlighting its stable financial performance and appreciation for shareholder support.

The most recent analyst rating on (JP:8624) stock is a Hold with a Yen851.00 price target. To see the full list of analyst forecasts on Ichiyoshi Securities Co stock, see the JP:8624 Stock Forecast page.

Ichiyoshi Securities Reports Significant Decline in Q1 2025 Income

Ichiyoshi Securities Co., Ltd. reported a significant decline in comprehensive income for the first quarter of fiscal 2025, with a decrease of 63.8% compared to the previous year. The company did not provide earnings or dividend forecasts due to market volatility, impacting its ability to predict future financial performance.