Japan Exchange Group (8697) Price & Analysis

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8697 Stock Chart & Stats

¥1764.00

-¥71.00(-3.93%)

At close: Jan 08 4:00 PM EST

¥1764.00

-¥71.00(-3.93%)

Day’s Range― - ―

52-Week Range¥1,384.50 - ¥2,150.00

Previous CloseN/A

Volume3.44M

Average Volume (3M)4.05M

Market Cap

¥2.02T

Enterprise Value¥1.93T

Total Cash (Recent Filing)¥61.84B

Total Debt (Recent Filing)¥52.49B

Price to Earnings (P/E)21.1

Beta0.98

Next Earnings

May 06, 2026

EPS Estimate

19.3

Next Dividend Ex-DateN/A

Dividend Yield3.2%

Share Statistics

EPS (TTM)19.87

Shares Outstanding1,031,785,300

10 Day Avg. Volume3,798,630

30 Day Avg. Volume4,050,496

Financial Highlights & Ratios

PEG Ratio56.31

Price to Book (P/B)4.66

Price to Sales (P/S)9.68

P/FCF Ratio18.83

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

¥1,815.00

Price Target Upside2.89% Upside

Rating ConsensusHold

Number of Analyst Covering2

EPS Forecast (FY)70.26

Revenue Forecast (FY)¥189.18B

Bulls Say, Bears Say

Bulls Say

High Margins And Consistent Revenue GrowthJPX reports recurring revenue growth alongside very high gross margins (>80%) and net margins around 37%. Those durable margins reflect pricing power and low variable costs in exchange and data businesses, supporting sustainable profitability, reinvestment in infrastructure, and resilient operating cash flow over months.

Strong Free Cash Flow GenerationA 15.6% FCF increase and operating cash flow that exceeds net income indicate strong cash conversion. This durable cash generation underpins dividends, capital expenditure for trading/clearing systems, and strategic projects, and provides a buffer to absorb market slowdowns over the medium term.

Conservative Leverage And Solid Balance SheetLow debt-to-equity (0.15) and consistent ROE signal financial flexibility and limited refinancing pressure. This structural balance sheet strength allows JPX to invest in technology and clearing infrastructure, pursue opportunistic M&A, and maintain stability through market cycles without over-relying on external financing.

Bears Say

Revenue Sensitivity To Trading Volumes And VolatilityA meaningful portion of JPX revenue comes from transaction and clearing fees that vary with market activity. That structural cyclicality reduces topline predictability and can compress revenues and fees during prolonged low-volatility or low-volume periods, challenging medium-term planning and earnings stability.

Listing Fees Exposed To IPO CycleListing fees are correlated with IPO issuance and secondary listing activity. A sustained slowdown in IPOs or fewer new products would directly reduce a higher-margin, recurring revenue stream, limiting organic growth prospects and increasing reliance on trading/data revenues to drive medium-term results.

Concentration In The Japanese MarketJPX's business is concentrated on Japan's domestic exchanges, tying revenues to the health of the local economy, domestic market structure, and regulation. This geographic concentration limits exposure to faster-growing international trading pools and makes growth more dependent on domestic issuance and volume trends.

Japan Exchange Group News

Japan Exchange Group Appoints New Group COO in Leadership Transition

An update from Japan Exchange Group ( ($JP:8697) ) is now available. Japan Exchange Group has announced a...

9d ago

Japan Exchange Group Delivers Double-Digit Profit Growth in Q3 FY2025

An announcement from Japan Exchange Group ( ($JP:8697) ) is now available. Japan Exchange Group reported solid growth...

1M ago

Japan Exchange Group Posts Double-Digit Profit Growth and Confirms Outlook for FY2025

Japan Exchange Group ( ($JP:8697) ) has provided an announcement. Japan Exchange Group reported strong results for the...

1M ago

Is OSCUF a Buy, Before Earnings?

Japan Exchange Group (OSCUF) is scheduled to report 3rd quarter earnings on 01/29/2026. Regarding Q3 estimates, Wall Street...

1M ago

Japan Exchange removed from APAC Conviction List at Goldman Sachs

Goldman Sachs analysts removed Japan Exchange Group (JPXGY) from the firm’s APAC Conviction List as part of its...

3M ago

Japan Exchange Group Reports Strong Earnings Growth

Japan Exchange Group ( ($OSCUF) ) has released its Q2 earnings. Here is a breakdown of the information...

4M ago

Japan Exchange Group to Cancel Over 12 Million Treasury Shares

Japan Exchange Group ( ($JP:8697) ) has shared an update. Japan Exchange Group, Inc. has announced the cancellation...

4M ago

Japan Exchange Group Reports Strong Financial Growth and Announces Stock Split

Japan Exchange Group ( ($JP:8697) ) has issued an announcement. Japan Exchange Group, Inc. reported a notable increase...

4M ago

JPX Revises Earnings and Dividend Forecasts Amid Market Changes

Japan Exchange Group ( ($JP:8697) ) has issued an announcement. Japan Exchange Group, Inc. has revised its earnings...

5M ago

Japan Exchange Group added to APAC Conviction List at Goldman Sachs

Goldman Sachs analysts added Japan Exchange Group (JPXGY) to the firm’s APAC Conviction List as part of its...

6M ago

Japan Exchange Group upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs upgraded Japan Exchange Group (JPXGY) to Buy from Neutral with a price target of 2,050 yen,...

7M ago

Japan Exchange Group Reports Strong Q1 Earnings

Japan Exchange Group ( ($OSCUF) ) has released its Q1 earnings. Here is a breakdown of the information...

7M ago

Japan Exchange Group Reports Q1 2025 Financial Results with Positive Growth

Japan Exchange Group ( ($JP:8697) ) has provided an update. Japan Exchange Group, Inc. reported its consolidated financial...

7M ago

Japan Exchange Group upgraded to Neutral from Sell at Goldman Sachs

Goldman Sachs upgraded Japan Exchange Group (JPXGY) to Neutral from Sell with a 1,710 yen price target The...

1y ago

8697 FAQ

What was Japan Exchange Group Inc’s price range in the past 12 months?

Japan Exchange Group Inc lowest stock price was ¥1384.50 and its highest was ¥2150.00 in the past 12 months.

What is Japan Exchange Group Inc’s market cap?

Japan Exchange Group Inc’s market cap is ¥2.02T.

When is Japan Exchange Group Inc’s upcoming earnings report date?

Japan Exchange Group Inc’s upcoming earnings report date is May 06, 2026 which is in 61 days.

How were Japan Exchange Group Inc’s earnings last quarter?

Japan Exchange Group Inc released its earnings results on Jan 30, 2026. The company reported ¥19.87 earnings per share for the quarter, missing the consensus estimate of ¥20.352 by -¥0.482.

Is Japan Exchange Group Inc overvalued?

According to Wall Street analysts Japan Exchange Group Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Japan Exchange Group Inc pay dividends?

Japan Exchange Group Inc pays a Semiannually dividend of ¥25 which represents an annual dividend yield of 3.2%. See more information on Japan Exchange Group Inc dividends here

What is Japan Exchange Group Inc’s EPS estimate?

Japan Exchange Group Inc’s EPS estimate is 19.3.

How many shares outstanding does Japan Exchange Group Inc have?

Japan Exchange Group Inc has 1,031,785,300 shares outstanding.

What happened to Japan Exchange Group Inc’s price movement after its last earnings report?

Japan Exchange Group Inc reported an EPS of ¥19.87 in its last earnings report, missing expectations of ¥20.352. Following the earnings report the stock price went up 0.596%.

Which hedge fund is a major shareholder of Japan Exchange Group Inc?

Currently, no hedge funds are holding shares in JP:8697

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

Japan Exchange Group Inc

Japan Exchange Group, Inc. provides and operates markets for exchange-traded financial instruments in Japan. The company offers market facilities for securities, securities index futures, securities options, commodity futures, and commodity index futures trading, as well as financial instruments obligation assumption services; and publishes market quotations and facilitates fairness of securities trading. It is also involved in the self-regulatory operations, including listing examination, market surveillance and compliance, listed company compliance, and examination and inspection of participants. In addition, the company offers clearing and settlement services, as well as information services. Japan Exchange Group, Inc. was incorporated in 1949 and is headquartered in Tokyo, Japan.

Japan Exchange Group (8697) Earnings & Revenues

Historic Earnings Reports

8697 Stock 12 Month Forecast

Average Price Target

¥1,815.00

▲(2.89% Upside)

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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1528.548,"date":1743465600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1609.335,"date":1746057600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n       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style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1725.5,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1676,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      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Detailed Analyst Forecast >