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First Brothers Co., Ltd. (3454) AI Stock Analysis
First Brothers Co., Ltd.
(TSE/TYO:3454)
The score is driven primarily by very attractive valuation (low P/E with a solid dividend yield). Financial performance is improving on margins and recent cash flow, but is held back by volatile revenue/cash flows and high leverage. Technical signals are mixed with neutral RSI and negative MACD, tempering near-term momentum.
First Brothers Co., Ltd. (3454) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 17.38B
- Dividend Yield
- 2.77%
- Average Volume (3M)
- 6,008
- Price to Earnings (P/E)
- 4.8
- Beta (1Y)
- 0.22
- Revenue Growth
- 11.72%
- EPS Growth
- 131.44%
- Country
- Japan
- Employees
- 174
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Investment - Banking & Investment Services
First Brothers Co., Ltd. Business Overview & Revenue Model
Company Description
Founded in Tokyo, Japan in 2004, First Brothers Co.,Ltd. is a Japanese entity primarily engaged in investment management and investment banking. Its investment management division oversees the entire lifecycle of funds, from their creation and asset...
First Brothers Co., Ltd. Financial Statement Overview
Summary
Profitability strengthened in the latest annual period with higher gross and EBIT/EBITDA margins, and cash flow rebounded to positive free cash flow. Offsetting this, revenue and cash flows have been volatile across years, and leverage is elevated (debt-to-equity >2x), which increases downside risk if conditions soften.
Income Statement
62PositiveBalance Sheet
44NeutralCash Flow
56Neutral| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.53B | 19.06B | 16.87B | 22.27B | 14.28B | 26.69B |
| Gross Profit | 7.92B | 6.45B | 5.10B | 6.98B | 4.09B | 6.84B |
| EBITDA | 9.14B | 5.45B | 4.16B | 6.58B | 3.01B | 5.68B |
| Net Income | 3.64B | 1.75B | 1.42B | 3.19B | 1.18B | 2.80B |
Balance Sheet | ||||||
| Total Assets | 88.69B | 89.83B | 89.14B | 89.94B | 87.64B | 82.55B |
| Cash, Cash Equivalents and Short-Term Investments | 8.72B | 7.93B | 5.32B | 8.16B | 7.64B | 11.11B |
| Total Debt | 54.47B | 56.48B | 58.18B | 58.45B | 59.23B | 53.15B |
| Total Liabilities | 60.37B | 63.58B | 64.23B | 65.51B | 66.00B | 61.74B |
| Stockholders Equity | 28.21B | 26.14B | 24.80B | 24.32B | 21.54B | 20.71B |
Cash Flow | ||||||
| Free Cash Flow | 3.68B | 3.68B | -1.31B | 1.24B | -7.13B | 292.20M |
| Operating Cash Flow | 7.24B | 7.24B | 3.50B | 3.21B | -4.57B | 301.18M |
| Investing Cash Flow | -3.05B | -3.05B | -4.24B | -1.58B | -3.15B | -399.76M |
| Financing Cash Flow | -2.33B | -2.33B | -1.19B | -1.21B | 4.29B | 4.75B |
First Brothers Co., Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3454, the sentiment is Negative. The current price of 1239.00 is below the 20-day moving average (MA) of 1254.00, below the 50-day MA of 1263.16, and above the 200-day MA of 1221.54, indicating a neutral trend. The MACD of -2.72 indicates Negative momentum. The RSI at 42.74 is Neutral, neither overbought nor oversold. The STOCH value of 54.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3454.
First Brothers Co., Ltd. Peers Comparison
Overall Rating
JP:873984Outperform
JP:862471Outperform
JP:859567Neutral- JP:345461Neutral
JP:377247Neutral
JP:213444Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:8739 | 84Outperform | JPY 76.69B | 11.04 | 21.29% | 6.14% | 30.22% | 45.03% |
| JP:8624 | 71Outperform | JPY 44.59B | 7.36 | 18.92% | 7.61% | 42.53% | 219.31% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| JP:8595 | 67Neutral | JPY 116.15B | 18.25 | 4.55% | 6.24% | -38.26% | -6.57% |
| JP:3454 | 61Neutral | JPY 17.71B | 4.77 | ― | 2.77% | 11.72% | 131.44% |
| JP:3772 | 47Neutral | JPY 20.14B | -31.97 | ― | 1.92% | -25.55% | -139.93% |
| JP:2134 | 44Neutral | JPY 7.37B | -4.54 | ― | ― | 263.03% | 23.09% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:3454 | First Brothers Co., Ltd. | 1239.00 | 71.23 | 6.10% | |
| JP:8624 | Ichiyoshi Securities Co | 1328.00 | 496.52 | 59.72% | |
| JP:8595 | Jafco Co | 2133.00 | -79.68 | -3.60% | |
| JP:8739 | Sparx Group Co., Ltd. | 2363.00 | 979.88 | 70.85% | |
| JP:2134 | Sun Capital Management Corp. | 12.00 | -33.00 | -73.33% | |
| JP:3772 | Wealth Management Inc | 1039.00 | -40.48 | -3.75% |
First Brothers Co., Ltd. Corporate Events
First Brothers Targets Steady Equity Growth and Flexible Dividends
First Brothers Co., Ltd. has reaffirmed its strategy of driving stable, sustainable growth in shareholders’ equity as a core means of maximizing shareholder value. The company’s consolidated equity has increased steadily over the past dec...
First Brothers Delivers Surging Profits and Raises Equity Ratio Ahead of FY2026 Close
First Brothers Co., Ltd. reported strong consolidated results for the nine months ended August 31, 2026, with net sales up 23.9% to ¥12.78 billion and operating profit jumping 86.3% to ¥2.94 billion. Profit attributable to owners of parent...
First Brothers Acquires Sawaracity Mall Operator to Bolster Regional Real Estate Portfolio
First Brothers Capital, a consolidated subsidiary of First Brothers Co., Ltd., will acquire all issued shares of Sawaracity Co., Ltd., operator of the Sawaracity shopping mall in Katori City, Chiba Prefecture, making it a consolidated subsidiary and...
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.
Date of analysis: Nov 05, 2026