Matsui Securities Co (8628) AI Stock Analysis

• Market Cap: ¥185.08B
• Dividend Yield: 5.56%
• Average Volume (3M): 667.45K
• Price to Earnings (P/E): 17.5
• Beta (1Y): 0.46
• Revenue Growth: -2.58%
• EPS Growth: 7.21%
• Country: JP
• Employees: 119
• Sector: Financial
• Sector Strength: 72
• Industry: Financial - Capital Markets
• EPS (TTM): 7.86
• Shares Outstanding: 259,264,700
• 10 Day Avg. Volume: 640,490
• 30 Day Avg. Volume: 667,453
• PEG Ratio: -2.65
• Price to Book (P/B): 2.39
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 110.82
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 75 Outperform
• Price Target: ¥804.00 ▲(12.45%Upside)

Matsui Securities Co is in a stable financial position with strong revenue growth and efficient operations. Technical indicators suggest positive momentum, while the valuation metrics are attractive due to a high dividend yield. The key risk is the volatility in cash flow and high leverage, which the company needs to manage effectively.

Matsui Securities Co Business Overview & Revenue Model

Company Description

Matsui Securities Co., Ltd. is a prominent Japanese financial services company specializing in online securities trading. Established in 1931 and headquartered in Tokyo, Matsui Securities offers a wide array of investment products and services, including equities, futures, options, and margin trading. The company primarily serves individual investors, providing them with advanced trading platforms and tools to facilitate efficient online trading. Matsui Securities is recognized for its competitive pricing, technological innovation, and commitment to enhancing the investment experience for its clients.

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. The balance sheet indicates financial stability but highlights potential risks due to high leverage. Cash flow management shows volatility, requiring focus on improving cash generation. Overall, the company is in a stable financial position but should address cash flow challenges to ensure 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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	39.20B	40.27B	28.46B	32.10B	30.77B
Gross Profit	33.50B	35.25B	23.43B	28.81B	27.29B
EBITDA	19.27B	18.66B	0.00	18.03B	17.02B
Net Income	10.50B	9.79B	7.82B	11.44B	10.28B
Balance Sheet
Total Assets	1.12T	1.17T	976.03B	879.39B	961.79B
Cash, Cash Equivalents and Short-Term Investments	105.70B	104.47B	79.33B	57.30B	56.95B
Total Debt	313.93B	281.81B	259.50B	189.26B	231.11B
Total Liabilities	1.05T	1.10T	899.67B	800.67B	882.58B
Stockholders Equity	76.60B	76.33B	76.35B	78.72B	79.21B
Cash Flow
Free Cash Flow	-113.86B	-11.47B	-18.99B	47.51B	-114.99B
Operating Cash Flow	-113.43B	-5.92B	-15.53B	50.82B	-111.93B
Investing Cash Flow	-8.68B	-8.88B	-4.28B	67.00M	-1.61B
Financing Cash Flow	53.20B	8.62B	41.92B	-50.37B	117.99B

Matsui Securities Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 715.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8628, the sentiment is Positive. The current price of 715 is above the 20-day moving average (MA) of 700.75, above the 50-day MA of 699.02, and below the 200-day MA of 759.57, indicating a neutral trend. The MACD of 3.62 indicates Negative momentum. The RSI at 62.87 is Neutral, neither overbought nor oversold. The STOCH value of 51.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8628.

Matsui Securities Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8609	81 Outperform	¥160.44B	12.32		4.13%	-2.52%	-10.44%
8707	78 Outperform	¥56.70B	7.95		6.01%	3.32%	17.07%
8628	75 Outperform	¥185.08B	17.53	13.61%	5.56%	-2.58%	7.21%
8708	69 Neutral	¥41.51B	16.68		3.59%	-2.54%	-5.46%
Sector *	68 Neutral	¥760.77B	10.93	7.55%	3.20%	7.81%	14.63%
8614	65 Neutral	¥35.93B	14.72		3.91%	9.79%	―
8698	54 Neutral	$208.30B	9.61	-4.56%	3.04%	-6.91%	-116.20%

Matsui Securities Co Corporate Events

Matsui Securities Reports Stable Financial Performance for Fiscal Year 2025

Matsui Securities Co., Ltd. reported its non-consolidated financial results for the fiscal year ended March 31, 2025, showing a modest increase in operating revenue and profit compared to the previous year. Despite challenges in the market, the company maintained a stable financial position with a slight increase in net assets and cash equivalents, indicating resilience and potential for future growth.