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AIZAWA SECURITIES GROUP CO. LTD. (JP:8708)
:8708
Japanese Market
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AIZAWA SECURITIES GROUP CO. LTD. (8708) AI Stock Analysis

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JP:8708

AIZAWA SECURITIES GROUP CO. LTD.

(8708)

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Neutral 64 (OpenAI - 4o)
Rating:64Neutral
Price Target:
¥1,393.00
▲(8.15% Upside)
Aizawa Securities Group's overall stock score is primarily influenced by its mixed financial performance, with strong revenue growth but significant liquidity challenges. The technical analysis indicates a bearish trend, while the valuation is supported by a reasonable P/E ratio and attractive dividend yield.

AIZAWA SECURITIES GROUP CO. LTD. (8708) vs. iShares MSCI Japan ETF (EWJ)

AIZAWA SECURITIES GROUP CO. LTD. Business Overview & Revenue Model

Company DescriptionAIZAWA SECURITIES GROUP CO. LTD. (8708) is a Japan-based financial services company primarily engaged in the securities and investment sector. The company offers a wide range of financial products and services, including brokerage services for equities, fixed income, and derivatives, as well as asset management, investment advisory, and underwriting services. AIZAWA SECURITIES caters to both individual and institutional clients, focusing on delivering tailored investment solutions and financial planning services.
How the Company Makes MoneyAIZAWA SECURITIES generates revenue through various streams, primarily from brokerage commissions on securities transactions executed on behalf of clients. The company also earns fees from asset management services, where it manages investment portfolios for clients and charges a percentage of the assets under management. Additionally, revenue is generated from underwriting services during public offerings and private placements. The firm may also profit from trading activities, where it buys and sells financial instruments for its own account. Strategic partnerships with other financial institutions enhance its service offerings and contribute to its earnings by expanding its client base and access to markets.

AIZAWA SECURITIES GROUP CO. LTD. Financial Statement Overview

Summary
Aizawa Securities Group shows a mixed financial landscape. Revenue growth and profitability margins are improving, but liquidity challenges and declining cash flow generation pose risks. The balance sheet remains relatively strong, but the declining equity trend warrants attention.
Income Statement
75
Positive
Aizawa Securities Group has demonstrated a strong recovery in revenue with a growth rate of 24.64% from 2024 to 2025 and significant gross profit margins consistently above 95%. However, the net profit margin has slightly decreased to 14% in 2025 from 16.35% in 2024. The EBIT margin showed significant improvement, reaching 17.52% in 2025, indicating better operational efficiency.
Balance Sheet
70
Positive
The company maintains a healthy debt-to-equity ratio of 0.47 in 2025, reflecting a balanced approach to leverage. Return on equity improved to 7.12% in 2025, showcasing enhanced profitability for shareholders. The equity ratio stands strong at 40.68%, indicating a robust capital structure, although a declining trend in stockholders' equity over the years suggests potential risk.
Cash Flow
60
Neutral
The cash flow statement reveals a challenging position with a negative free cash flow of -9.43 billion yen in 2025, a sharp decline from the positive 8.22 billion yen in 2024, highlighting liquidity issues. The operating cash flow to net income ratio turned negative, indicating cash flow generation concerns, while the free cash flow to net income ratio also turned unfavorable.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue20.37B22.68B18.19B12.75B16.05B16.43B
Gross Profit21.91B22.30B18.19B12.21B15.62B16.32B
EBITDA1.79B4.24B3.94B-1.41B3.39B1.95B
Net Income2.48B3.17B2.98B-2.38B2.90B4.54B
Balance Sheet
Total Assets116.78B109.53B124.12B98.83B104.72B107.13B
Cash, Cash Equivalents and Short-Term Investments21.05B25.98B35.51B24.87B28.09B18.07B
Total Debt5.07B20.83B18.90B12.76B7.95B5.31B
Total Liabilities70.90B61.93B65.46B44.81B46.70B48.78B
Stockholders Equity42.99B44.56B55.65B51.00B55.71B57.81B
Cash Flow
Free Cash Flow0.00-9.43B8.22B-9.73B-4.27B-1.98B
Operating Cash Flow0.00-8.95B8.45B-9.49B-3.93B-1.62B
Investing Cash Flow0.001.18B1.48B474.00M4.75B4.11B
Financing Cash Flow0.00-4.89B-1.52B3.82B959.00M-1.78B

AIZAWA SECURITIES GROUP CO. LTD. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1288.00
Price Trends
50DMA
1335.13
Negative
100DMA
1308.71
Negative
200DMA
1356.20
Negative
Market Momentum
MACD
-11.96
Positive
RSI
48.14
Neutral
STOCH
33.01
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8708, the sentiment is Negative. The current price of 1288 is below the 20-day moving average (MA) of 1305.05, below the 50-day MA of 1335.13, and below the 200-day MA of 1356.20, indicating a bearish trend. The MACD of -11.96 indicates Positive momentum. The RSI at 48.14 is Neutral, neither overbought nor oversold. The STOCH value of 33.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8708.

AIZAWA SECURITIES GROUP CO. LTD. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
¥67.27B8.246.56%10.85%30.77%
72
Outperform
¥26.04B7.033.35%-11.56%-25.83%
71
Outperform
€30.43B14.015.54%5.74%-1.80%-1.02%
68
Neutral
¥39.76B2.160.98%24.64%33.45%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
66
Neutral
¥39.86B14.665.42%6.40%
64
Neutral
¥41.66B15.764.69%0.20%-16.88%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:8708
AIZAWA SECURITIES GROUP CO. LTD.
1,300.00
-350.56
-21.24%
JP:8622
Mito Securities Co., Ltd.
523.00
26.84
5.41%
JP:8614
Toyo Securities Co., Ltd.
574.00
58.07
11.26%
JP:8699
HS Holdings Co.,Ltd.
1,025.00
124.28
13.80%
JP:8704
Traders Holdings Co., Ltd.
911.00
-82.93
-8.34%
JP:8707
IwaiCosmo Holdings, Inc.
2,843.00
752.62
36.00%

AIZAWA SECURITIES GROUP CO. LTD. Corporate Events

Aizawa Securities Announces Capital Adjustments for Subsidiary
Oct 23, 2025

AIZAWA SECURITIES GROUP CO., LTD. announced a capital increase and reduction for its subsidiary, Aizawa Asset Management Co., Ltd., to support a new business launch and maintain its capital base. Despite a decrease in ownership percentage, the subsidiary remains consolidated under AIZAWA due to continued officer secondment, with minimal impact expected on overall business results.

The most recent analyst rating on (JP:8708) stock is a Hold with a Yen1472.00 price target. To see the full list of analyst forecasts on AIZAWA SECURITIES GROUP CO. LTD. stock, see the JP:8708 Stock Forecast page.

Aizawa Securities Announces Changes in Audit and Supervisory Roles
Oct 17, 2025

AIZAWA SECURITIES GROUP CO., LTD. announced the resignation of Ms. Maki Seike from her role as Director Serving as Audit and Supervisory Committee Member due to personal reasons, effective October 31, 2025. To address the statutory requirements, Mr. Yoshiaki Hirao will assume her position, while Ms. Yukiko Kurihara will take over Mr. Hirao’s previous role as Audit & Supervisory Board Member at AIZAWA SECURITIES CO., LTD., a subsidiary. These changes are expected to maintain the company’s compliance and operational continuity.

The most recent analyst rating on (JP:8708) stock is a Hold with a Yen1377.00 price target. To see the full list of analyst forecasts on AIZAWA SECURITIES GROUP CO. LTD. stock, see the JP:8708 Stock Forecast page.

AIZAWA SECURITIES Reports Revenue Growth Amid Operating Loss
Oct 17, 2025

AIZAWA SECURITIES GROUP CO., LTD. reported a 4.2% increase in operating revenue for the six months ended September 30, 2025, driven by higher equity brokerage and asset management fees. Despite this revenue growth, the company experienced an operating loss due to increased selling, general, and administrative expenses, resulting in a decline in ordinary profit and profit attributable to owners compared to the previous year.

The most recent analyst rating on (JP:8708) stock is a Hold with a Yen1377.00 price target. To see the full list of analyst forecasts on AIZAWA SECURITIES GROUP CO. LTD. stock, see the JP:8708 Stock Forecast page.

AIZAWA SECURITIES GROUP Announces 12th Series Unsecured Bonds Issuance
Sep 30, 2025

AIZAWA SECURITIES GROUP CO., LTD. has announced the issuance of its 12th series of unsecured bonds, amounting to 800 million yen with a 1.25% coupon rate. The proceeds from this issuance will be used for general working capital, investments, loans, and debt repayment, potentially strengthening the company’s financial position and operational capabilities.

The most recent analyst rating on (JP:8708) stock is a Hold with a Yen1462.00 price target. To see the full list of analyst forecasts on AIZAWA SECURITIES GROUP CO. LTD. stock, see the JP:8708 Stock Forecast page.

AIZAWA SECURITIES Announces Planned Interim Dividend for FY 2026
Sep 19, 2025

AIZAWA SECURITIES GROUP CO., LTD. announced a planned interim dividend for the fiscal year ending March 31, 2026, with a total dividend of 48 yen per share, comprising an ordinary dividend of 13 yen and a special dividend of 35 yen. This decision aligns with the company’s shareholder return policy, which aims to return 20 billion yen or more to shareholders through dividends and share buybacks between the fiscal years ending March 31, 2025, and March 31, 2028, ensuring a stable and high-level profit return.

The most recent analyst rating on (JP:8708) stock is a Hold with a Yen1462.00 price target. To see the full list of analyst forecasts on AIZAWA SECURITIES GROUP CO. LTD. stock, see the JP:8708 Stock Forecast page.

AIZAWA SECURITIES GROUP Announces 11th Series Unsecured Bonds Issuance
Aug 29, 2025

AIZAWA SECURITIES GROUP CO., LTD. has announced the issuance of its 11th series of unsecured bonds, amounting to 800 million yen, with a coupon rate of 1.25% per annum. The proceeds from this issuance will be used for general working capital, investments, loans, and debt repayment, potentially strengthening the company’s financial position and operational capabilities.

The most recent analyst rating on (JP:8708) stock is a Hold with a Yen1462.00 price target. To see the full list of analyst forecasts on AIZAWA SECURITIES GROUP CO. LTD. stock, see the JP:8708 Stock Forecast page.

AIZAWA SECURITIES Announces Key Personnel and Organizational Restructuring
Aug 22, 2025

AIZAWA SECURITIES GROUP CO., LTD. announced significant personnel and organizational changes effective September 1, 2025. These changes include reassigning directors’ responsibilities and restructuring departments to report directly to the President, aiming to enhance management functions and streamline operations.

The most recent analyst rating on (JP:8708) stock is a Hold with a Yen1462.00 price target. To see the full list of analyst forecasts on AIZAWA SECURITIES GROUP CO. LTD. stock, see the JP:8708 Stock Forecast page.

Aizawa Securities Completes Treasury Shares Disposal
Aug 15, 2025

AIZAWA SECURITIES GROUP CO., LTD. has completed the payment procedures for the disposal of 42,200 treasury shares as restricted shares remuneration, following a board resolution from July 18, 2025. This move involves a total disposal price of 55,999,400 yen, with shares allocated to directors and executive officers, potentially impacting the company’s financial structure and stakeholder interests.

AIZAWA SECURITIES GROUP Announces 10th Series of Unsecured Bonds
Jul 31, 2025

AIZAWA SECURITIES GROUP CO., LTD. has announced the issuance of its 10th series of unsecured bonds, amounting to 800 million yen, with a coupon rate of 1.25% and a redemption date set for August 21, 2026. The proceeds from this issuance will be used for general working capital, investments, loans, and debt repayment, potentially impacting the company’s financial flexibility and market positioning.

AIZAWA SECURITIES Releases Q1 Financial Results and New Corporate Philosophy
Jul 30, 2025

AIZAWA SECURITIES GROUP CO., LTD. has released its financial results for the first quarter of the fiscal year ending March 31, 2026. The company highlights its commitment to sustainable growth and enhancing corporate value, while also focusing on employee development and societal contributions. The release underscores the company’s new corporate philosophy and vision, positioning itself as a long-term partner in wealth building.

AIZAWA SECURITIES GROUP Reports Decline in Q1 2025 Financial Results
Jul 30, 2025

AIZAWA SECURITIES GROUP reported a decline in its financial performance for the three months ended June 30, 2025, with operating revenue and net operating revenue decreasing by 14.3% and 17.9% year-on-year, respectively. The company experienced an operating loss and a significant drop in profit attributable to owners of the parent, reflecting challenges in the current market environment. Despite these setbacks, the company maintains a stable financial position, although it has not disclosed forecasts for future operating results due to the unpredictability of market conditions.

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: Oct 29, 2025