Matsui Securities Co (8628) AI Stock Analysis

• Market Cap: €193.05B
• Dividend Yield: 5.73%
• Average Volume (3M): 922.14K
• Price to Earnings (P/E): 18.4
• Beta (1Y): 0.49
• Revenue Growth: 0.12%
• EPS Growth: 1.45%
• Country: JP
• Employees: 119
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 11.16
• Shares Outstanding: 259,264,700
• 10 Day Avg. Volume: 909,340
• 30 Day Avg. Volume: 922,136
• PEG Ratio: 2.59
• Price to Book (P/B): 2.56
• Price to Sales (P/S): 5.00
• P/FCF Ratio: -1.72
• 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: €838.76
• Price Target Upside: 11.69% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: ¥839.00 ▲(11.72% Upside)

Matsui Securities Co's overall stock score is driven by strong financial performance, particularly in revenue growth and profitability. The valuation is attractive due to a reasonable P/E ratio and high dividend yield. However, technical indicators suggest a neutral trend, and cash flow volatility poses a risk that needs addressing.

Matsui Securities Co Business Overview & Revenue Model

Company Description

Matsui Securities Co., Ltd. provides online securities brokerage services to retail investors in Japan. It offers brokerage services of stocks, futures, and options; services for underwriting, offering, and secondary distribution and solicitation for selling; and foreign exchange margin trading services, as well as sells investment trusts. The company was founded in 1918 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Matsui Securities Co., Ltd. generates revenue primarily through brokerage commissions on trades executed by its clients. The company charges fees for buying and selling equities, futures, options, and other financial instruments. Additionally, Matsui Securities earns interest income from margin lending, where clients borrow funds to trade on margin. The company also offers various account management and advisory services, which contribute to its earnings through service fees. Matsui Securities benefits from its partnerships with financial institutions and leverages its technological infrastructure to attract and retain a large customer base, thereby increasing trading volumes and associated revenues.

Matsui Securities Co Financial Statement Overview

Summary

Matsui Securities Co demonstrates strong revenue growth and profitability, backed by efficient operations. However, high leverage and cash flow volatility pose potential risks that need to be addressed for long-term sustainability.

Income Statement

Matsui Securities Co has shown a solid revenue growth trajectory with a notable increase in total revenue over the years. The gross profit margin is strong, reflecting efficient cost management. Net profit margin has remained healthy, although there were fluctuations reflecting market conditions. EBIT and EBITDA margins are robust, indicating operational efficiency.

Balance Sheet

The balance sheet reflects a stable equity position with a manageable debt-to-equity ratio. However, the increasing total debt and high level of total liabilities might pose potential risks. The equity ratio is stable, ensuring some level of financial stability. Return on equity shows effective use of shareholder funds, although there are risks associated with high leverage.

Cash Flow

Cash flow analysis indicates volatility, with periods of negative operating cash flow, reflecting challenges in cash generation. Free cash flow has shown significant fluctuations, indicating potential liquidity issues. Despite this, the company has managed financing effectively, balancing cash inflows and outflows.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.71B	39.20B	35.25B	31.12B	33.28B	32.17B
Gross Profit	10.71B	33.50B	35.25B	28.46B	32.10B	28.58B
EBITDA	5.59B	19.27B	18.66B	14.17B	18.03B	17.02B
Net Income	2.87B	10.50B	9.79B	7.82B	11.44B	10.28B
Balance Sheet
Total Assets	1.16T	1.12T	1.17T	976.03B	879.39B	961.79B
Cash, Cash Equivalents and Short-Term Investments	119.34B	105.70B	104.47B	79.33B	57.30B	620.96B
Total Debt	272.58B	313.93B	50.00M	259.50B	189.26B	217.36B
Total Liabilities	1.09T	1.05T	1.10T	899.67B	800.67B	882.58B
Stockholders Equity	75.40B	76.60B	76.33B	76.35B	78.72B	79.21B
Cash Flow
Free Cash Flow	0.00	-113.86B	-11.47B	-18.99B	47.51B	-114.99B
Operating Cash Flow	0.00	-113.43B	-5.92B	-15.53B	50.82B	-111.93B
Investing Cash Flow	0.00	-4.37B	-8.88B	-4.28B	67.00M	-1.61B
Financing Cash Flow	0.00	53.20B	8.62B	41.92B	-50.37B	117.99B

Matsui Securities Co Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 751.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8628, the sentiment is Neutral. The current price of 751 is below the 20-day moving average (MA) of 769.72, below the 50-day MA of 761.38, and above the 200-day MA of 730.72, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 41.35 is Neutral, neither overbought nor oversold. The STOCH value of 17.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:8628.

Matsui Securities Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8707	78 Outperform	¥64.92B	7.96	―	6.69%	9.14%	30.78%
8609	74 Outperform	¥151.38B	13.73	―	4.38%	-5.10%	-9.68%
8628	70 Outperform	€193.05B	18.45	14.70%	5.73%	0.12%	1.45%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8614	66 Neutral	¥39.23B	14.74	―	5.54%	2.07%	34.97%
8708	61 Neutral	¥40.85B	15.45	―	4.64%	-2.08%	-16.86%
8698	56 Neutral	$200.72B	9.61	-5.08%	3.90%	-2.56%	-118.00%

Matsui Securities Co Corporate Events

Matsui Securities Reports Revenue Growth Amidst Profit Decline in Q1 2025

Matsui Securities Co., Ltd. reported a notable increase in its non-consolidated financial results for the three months ended June 30, 2025, with operating revenue rising by 15.3% year-on-year. Despite the positive revenue growth, the company’s profit slightly decreased by 0.8%, highlighting a potential area of concern for stakeholders regarding operational efficiency.

Matsui Securities Reports Increased Revenue Amid Market Sensitivity

Matsui Securities Co., Ltd. reported a year-on-year increase in operating revenue and net operating revenue for the three months ended June 30, 2025, despite a slight decline in profit. The company’s financial results reflect its sensitivity to market conditions, and it continues to disclose major operational figures monthly due to the difficulty in forecasting earnings.