Matsui Securities Co (8628) AI Stock Analysis

• Market Cap: €204.10B
• Dividend Yield: 5.04%
• Average Volume (3M): 767.36K
• Price to Earnings (P/E): 19.5
• 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: 833,930
• 30 Day Avg. Volume: 767,363
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: €803.48
• Price Target Upside: 1.19% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 75 Outperform
• Price Target: ¥804.00 ▲(1.26% 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. 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 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	28.25B	39.20B	40.27B	28.46B	32.10B	30.77B
Gross Profit	22.99B	33.50B	35.25B	23.43B	28.81B	27.29B
EBITDA	13.93B	19.27B	18.66B	0.00	18.03B	17.02B
Net Income	7.56B	10.50B	9.79B	7.82B	11.44B	10.28B
Balance Sheet
Total Assets	1.18T	1.12T	1.17T	976.03B	879.39B	961.79B
Cash, Cash Equivalents and Short-Term Investments	109.20B	105.70B	104.47B	79.33B	57.30B	56.95B
Total Debt	301.70B	313.93B	281.81B	259.50B	189.26B	231.11B
Total Liabilities	1.11T	1.05T	1.10T	899.67B	800.67B	882.58B
Stockholders Equity	74.18B	76.60B	76.33B	76.35B	78.72B	79.21B
Cash Flow
Free Cash Flow	3.18B	-113.86B	-11.47B	-18.99B	47.51B	-114.99B
Operating Cash Flow	3.18B	-113.43B	-5.92B	-15.53B	50.82B	-111.93B
Investing Cash Flow	0.00	-8.68B	-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: Positive
• Last Price: 794.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 794 is below the 20-day moving average (MA) of 794.85, above the 50-day MA of 758.68, and above the 200-day MA of 755.33, indicating a neutral trend. The MACD of 12.70 indicates Positive momentum. The RSI at 57.83 is Neutral, neither overbought nor oversold. The STOCH value of 23.98 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
8707	78 Outperform	63.66B	8.99	9.93%	5.35%	5.08%	17.07%
8628	75 Outperform	€204.10B	19.50	14.70%	5.04%	0.12%	1.45%
8609	74 Outperform	153.81B	13.96	5.60%	4.31%	-5.10%	-9.68%
8614	71 Outperform	39.02B	14.35	8.81%	5.40%	11.72%	158.52%
8708	69 Neutral	44.40B	17.88	7.12%	6.72%	0.74%	-5.46%
8698	56 Neutral	208.80B	-37.75	-4.09%	3.52%	-2.56%	-118.00%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

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.