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Monex Group Inc (JP:8698)
:8698

Monex Group (8698) AI Stock Analysis

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JP

Monex Group

(OTC:8698)

67Neutral
Monex Group's overall stock score is driven by strong profitability and a solid balance sheet with no debt, suggesting financial stability. However, declining revenue and negative cash flows highlight potential risks to future growth. The stock's valuation appears attractive, with a low P/E ratio and a generous dividend yield, offsetting some operational concerns. Technical indicators are neutral, reflecting cautious market sentiment without clear upward or downward momentum.

Monex Group (8698) vs. S&P 500 (SPY)

Monex Group Business Overview & Revenue Model

Company DescriptionMonex Group, Inc. (8698) is a prominent financial services company that operates in the online brokerage industry. Headquartered in Tokyo, Japan, Monex Group provides a range of financial services including online securities trading, asset management, and investment banking. The company's core products and services cater to individual investors and institutions, offering them access to various financial instruments such as stocks, bonds, and mutual funds through its advanced trading platforms. Monex Group operates globally, with subsidiaries in key markets such as the United States and Hong Kong.
How the Company Makes MoneyMonex Group makes money primarily through its brokerage services, where it earns commissions and fees from trading activities conducted by its clients. The company charges transaction fees for buying and selling securities on its platforms. Additionally, Monex Group generates revenue from asset management services, where it earns management fees based on the assets under management. Interest income from margin lending and securities lending also contributes to the company's earnings. The company has strategic partnerships and subsidiaries that enhance its market reach and product offerings, allowing it to tap into diverse revenue streams across different geographical markets.

Monex Group Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
61.15B81.22B96.31B79.17B53.28B
Gross Profit
61.02B81.01B96.26B70.81B45.10B
EBIT
8.31B10.45B27.66B29.31B10.45B
EBITDA
37.84B18.99B29.77B36.00B13.01B
Net Income Common Stockholders
31.29B3.39B13.02B14.35B3.01B
Balance SheetCash, Cash Equivalents and Short-Term Investments
97.94B181.02B261.30B168.45B137.08B
Total Assets
761.64B1.50T1.61T1.40T1.02T
Total Debt
100.16B415.71B421.94B363.48B220.29B
Net Debt
2.23B240.55B168.49B199.49B87.73B
Total Liabilities
628.52B1.40T1.50T1.31T945.91B
Stockholders Equity
131.71B99.64B104.29B89.57B76.21B
Cash FlowFree Cash Flow
1.36B-38.78B45.09B-63.24B28.07B
Operating Cash Flow
8.05B-30.98B51.70B-57.70B34.45B
Investing Cash Flow
-86.35B-21.87B-6.03B-7.16B-7.07B
Financing Cash Flow
-5.11B-34.16B13.76B95.48B-48.40B

Monex Group Technical Analysis

Technical Analysis Sentiment
Negative
Last Price691.00
Price Trends
50DMA
707.18
Negative
100DMA
815.59
Negative
200DMA
747.50
Negative
Market Momentum
MACD
-0.91
Negative
RSI
49.25
Neutral
STOCH
52.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8698, the sentiment is Negative. The current price of 691 is above the 20-day moving average (MA) of 670.40, below the 50-day MA of 707.18, and below the 200-day MA of 747.50, indicating a neutral trend. The MACD of -0.91 indicates Negative momentum. The RSI at 49.25 is Neutral, neither overbought nor oversold. The STOCH value of 52.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8698.

Monex Group Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
$1.11T8.5010.33%4.08%16.64%36.46%
76
Outperform
$1.66T27.2418.02%2.82%3.96%0.47%
72
Outperform
$2.33T7.129.88%6.34%13.94%109.60%
67
Neutral
$174.46B9.425.87%4.17%-5.85%135.91%
67
Neutral
¥185.59B17.7013.61%5.70%-2.58%7.21%
67
Neutral
¥1.25T8.419.63%6.34%7.08%28.63%
64
Neutral
$12.61B9.788.01%16985.69%12.73%-4.58%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:8698
Monex Group
691.00
-42.79
-5.83%
JP:8628
Matsui Securities Co
722.00
-44.31
-5.78%
JP:8604
Nomura Holdings
790.00
-81.61
-9.36%
JP:8601
Daiwa
921.20
-179.88
-16.34%
JP:8473
SBI Holdings
3,677.00
23.68
0.65%
JP:8697
Japan Exchange Group
1,599.50
-189.19
-10.58%

Monex Group Corporate Events

Monex Group Reports Progress on Share Repurchase Program
May 1, 2025

Monex Group, Inc. has announced the progress of its share repurchase program, having bought back 1,463,900 shares for approximately 985,957,100 yen during April 2025. This initiative is part of a broader strategy approved in July 2024, aiming to repurchase up to 14 million shares by June 2025, reflecting the company’s commitment to enhancing shareholder value.

Monex Group Acquires Stake in Westfield Capital to Expand U.S. Market Presence
Apr 23, 2025

Monex Group has announced its acquisition of a 20% stake in Westfield Capital Management Company, a Boston-based asset manager specializing in U.S. growth equity investing. This strategic move aims to enhance Monex’s presence in the U.S. equity market and diversify its investment expertise. The partnership is expected to boost Monex’s earnings stability and capital efficiency, while also potentially expanding Westfield’s distribution reach in Japan through Monex’s alliance with NTT DOCOMO. The acquisition aligns with Monex’s commitment to long-term value creation through focused investments in growth areas.

Monex Group Advances Share Repurchase Program
Apr 1, 2025

Monex Group, Inc. announced the progress of its share repurchase program, revealing that 917,700 shares were repurchased in March 2025 for a total of 686,574,500 yen. This move is part of a larger initiative approved by the Board of Directors in July 2024, aiming to repurchase up to 14 million shares by June 2025, which could impact the company’s stock value and shareholder returns.

Monex Group to Retire 4.3 Million Treasury Shares
Mar 21, 2025

Monex Group, Inc. has announced its decision to retire 4,300,000 treasury shares, which constitute 1.7% of its total outstanding shares, as per Article 178 of the Companies Act of Japan. This move, scheduled for March 31, 2025, aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

Monex Group Announces Management and Organizational Changes
Mar 6, 2025

Monex Group, Inc. announced significant changes in its management and organizational structure, effective April 1, 2025. The company will establish a new Corporate Branding Office, and there will be executive director changes with Tatsuki Inoue and Aoi Yokokura taking on new roles. These changes are aimed at strengthening the company’s strategic planning and branding efforts, potentially enhancing its market position and operational efficiency.

Monex Group Proposes New Board Member to Enhance Strategic Direction
Mar 6, 2025

Monex Group, Inc. has announced a proposal for the appointment of board member candidates at its upcoming Annual General Meeting of Shareholders. The company aims to maintain its current board structure while introducing a new director with expertise in asset management and global experience, reflecting the need for fresh perspectives amid significant changes in the operating environment. This strategic move is expected to enhance decision-making capabilities and strengthen the company’s position in the financial services industry.

Monex Group Announces Executive Leadership Change
Mar 6, 2025

Monex Group, Inc. announced a change in its executive leadership, transitioning to a one-person Representative Executive Officer system led by Yuko Seimei, effective April 1, 2025. This change is part of the company’s strategy to promote sustainable growth and enhance its market position, while Oki Matsumoto will continue to play significant roles within the group, contributing to its corporate value.

Monex Group Advances Share Repurchase Program
Mar 3, 2025

Monex Group, Inc. announced the progress of its share repurchase program, having repurchased 649,600 shares for a total of 537,877,800 yen during February 2025. This initiative is part of a larger plan approved by the board to repurchase up to 14 million shares by June 2025, reflecting the company’s strategy to enhance shareholder value and optimize its capital structure.

Monex Group Reports on Coincheck’s Nasdaq Listing and Financial Implications
Feb 12, 2025

Monex Group announced that Coincheck Group N.V. has successfully listed on the Nasdaq Global Market, incurring one-time expenses of approximately 17.1 billion yen in the process. These expenses, related to financial advisory fees and share-based compensation, do not affect the company’s standalone financial results or its year-end dividend plans, highlighting the strategic positioning of Coincheck in the evolving cryptocurrency market.

TradeStation Securities Honored in 2025 StockBrokers.com Awards
Feb 5, 2025

TradeStation Securities, a subsidiary of Monex Group, has been recognized as Best in Class in three categories by StockBrokers.com in their 2025 Online Broker Awards. This accolade highlights TradeStation’s commitment to delivering advanced trading technology and enhancing customer experience, with notable improvements such as the launch of HUB, a centralized portal for streamlined account management.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.