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TOMONY Holdings, Inc. (JP:8600)
:8600
Japanese Market
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TOMONY Holdings, Inc. (8600) AI Stock Analysis

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JP:8600

TOMONY Holdings, Inc.

(8600)

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Neutral 70 (OpenAI - 5.2)
Rating:70Neutral
Price Target:
¥1,227.00
▲(11.75% Upside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by solid financial performance with improving growth and a de-levered balance sheet, tempered by historically volatile cash flow. Technicals add support due to a strong uptrend and positive momentum, though overbought indicators raise near-term pullback risk. Valuation is supportive with a reasonable P/E and moderate dividend yield.
Positive Factors
Sustained Revenue Growth
The multi-year revenue uptrend, including accelerated growth through 2024–2026, indicates expanding business activity and provides a durable foundation for future earnings, provided the company maintains credit quality and customer demand.
Negative Factors
Volatile Cash Generation
Recent cash conversion is solid, but the earlier sharp swings show that earnings do not always translate consistently into cash. This creates execution and working-capital risk and may constrain dependable capital deployment.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Growth
The multi-year revenue uptrend, including accelerated growth through 2024–2026, indicates expanding business activity and provides a durable foundation for future earnings, provided the company maintains credit quality and customer demand.
Read all positive factors

TOMONY Holdings, Inc. (8600) vs. iShares MSCI Japan ETF (EWJ)

TOMONY Holdings, Inc. Business Overview & Revenue Model

Company Description
Operating through its various subsidiaries, TOMONY Holdings, Inc. delivers a comprehensive array of banking and financial products and services. Its diverse portfolio encompasses specific offerings such as leasing and card services, in addition to...
How the Company Makes Money
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TOMONY Holdings, Inc. Financial Statement Overview

Summary
Income statement strength (Score 78) reflects solid multi-year revenue growth and consistently positive, rising net income, though margins have eased from the 2022–2023 peak. The balance sheet is reasonably healthy (Score 70) with improved debt-to-equity and steadily rising equity, but ROE remains modest. The key drag is cash flow quality (Score 52): operating/free cash flow was volatile with sharp negatives in 2023–2024 despite recovery in 2025–2026.
Income Statement
78
Positive
Balance Sheet
70
Positive
Cash Flow
52
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue97.81B101.15B92.92B85.88B77.49B66.94B
Gross Profit81.11B79.31B84.86B82.72B74.35B65.07B
EBITDA26.33B26.11B25.00B23.22B22.42B20.79B
Net Income17.48B16.16B15.83B14.01B14.17B13.06B
Balance Sheet
Total Assets5.25T5.20T5.03T4.81T4.55T4.60T
Cash, Cash Equivalents and Short-Term Investments454.74B485.99B509.25B462.73B371.14B537.96B
Total Debt140.65B141.22B165.47B165.24B103.82B483.34B
Total Liabilities4.94T4.91T4.75T4.53T4.30T4.35T
Stockholders Equity301.99B294.82B281.62B275.17B245.19B243.33B
Cash Flow
Free Cash Flow0.0026.54B42.36B-36.73B-203.16B46.16B
Operating Cash Flow0.0029.26B43.98B-34.91B-201.41B47.91B
Investing Cash Flow0.00-191.99B-201.24B27.57B37.48B-27.44B
Financing Cash Flow0.00138.75B204.29B196.92B-2.56B-2.38B

TOMONY Holdings, Inc. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1098.00
Price Trends
50DMA
978.42
Positive
100DMA
933.31
Positive
200DMA
871.36
Positive
Market Momentum
MACD
32.19
Positive
RSI
61.70
Neutral
STOCH
33.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8600, the sentiment is Positive. The current price of 1098 is above the 20-day moving average (MA) of 1062.95, above the 50-day MA of 978.42, and above the 200-day MA of 871.36, indicating a bullish trend. The MACD of 32.19 indicates Positive momentum. The RSI at 61.70 is Neutral, neither overbought nor oversold. The STOCH value of 33.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8600.

TOMONY Holdings, Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
¥222.53B9.928.89%5.60%33.52%186.49%
70
Neutral
¥208.61B12.592.48%12.19%6.03%
68
Neutral
¥766.23B11.8711.50%3.48%6.57%22.90%
64
Neutral
¥683.93B9.978.64%2.83%10.50%8.52%
60
Neutral
¥173.58B10.624.42%1.92%-26.04%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:8600
TOMONY Holdings, Inc.
1,143.00
528.58
86.03%
JP:8572
ACOM Co
489.70
47.72
10.80%
JP:8253
Credit Saison Co
4,742.00
1,080.63
29.51%
JP:8616
Tokai Tokyo Financial Holdings
920.00
376.77
69.36%
JP:8584
Jaccs Co., Ltd.
3,850.00
-246.93
-6.03%

TOMONY Holdings, Inc. Corporate Events

TOMONY Holdings Launches Restricted Stock Plan for Employee Shareholding Association
Aug 7, 2026
TOMONY Holdings has approved the introduction of a restricted stock incentive plan for its employee shareholding association, under which treasury shares will be granted to consenting employees via the association. The plan is designed to enhance ...
TOMONY Holdings Posts Strong Q1 FY2026 Earnings and Confirms Higher Dividend Outlook
Aug 7, 2026
TOMONY Holdings, Inc., a Tokyo-listed financial group centered on regional banking and related services, derives its revenues from ordinary banking operations such as lending and deposits. With total assets surpassing ¥5.2 trillion and an equ...
TOMONY Holdings Completes Restricted Stock Treasury Disposal for Executive Pay
Jul 23, 2026
TOMONY Holdings has completed the payment process for the disposal of 138,526 shares of its treasury stock, which are being granted as restricted stock compensation to executives. The shares, priced at 862 yen each for a total of approximately 119...
TOMONY Holdings to Grant ¥119 Million in Restricted Stock to Group Directors
Jun 24, 2026
TOMONY Holdings approved the disposal of 138,526 shares of its treasury stock as restricted stock compensation for five directors of the holding company and 17 directors of its banking subsidiaries, with a total value of about ¥119.4 million ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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: Aug 17, 2026