Okasan Securities Group Inc. Logo

Okasan Securities Group Inc.

8609.T

(2.0)
Stock Price

661,00 JPY

0.87% ROA

4.32% ROE

17.53x PER

Market Cap.

154.879.914.960,00 JPY

148.8% DER

1.39% Yield

10.03% NPM

Okasan Securities Group Inc. Stock Analysis

Okasan Securities Group Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Okasan Securities Group Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.85x) suggests it's undervalued, making it an attractive opportunity for investors.

2 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

4 ROE

The stock's ROE falls within an average range (0.3%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (0.07%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 DER

The stock is burdened with a heavy load of debt (112%), making it financially unstable and potentially risky for investors.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

9 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

10 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-60.769) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Okasan Securities Group Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Okasan Securities Group Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Okasan Securities Group Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Okasan Securities Group Inc. Revenue
Year Revenue Growth
2004 57.572.000.000
2005 86.772.000.000 33.65%
2006 69.047.000.000 -25.67%
2007 69.638.000.000 0.85%
2008 53.283.000.000 -30.69%
2009 64.373.000.000 17.23%
2010 61.275.000.000 -5.06%
2011 59.829.000.000 -2.42%
2012 78.008.000.000 23.3%
2013 98.571.000.000 20.86%
2014 93.639.000.000 -5.27%
2015 84.141.000.000 -11.29%
2016 80.860.000.000 -4.06%
2017 84.536.000.000 4.35%
2018 67.821.000.000 -24.65%
2019 66.477.000.000 -2.02%
2020 67.186.000.000 1.06%
2021 83.855.000.000 19.88%
2022 66.226.000.000 -26.62%
2023 80.168.000.000 17.39%
2023 86.430.000.000 7.25%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Okasan Securities Group Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Okasan Securities Group Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 20.509.000.000 100%
2007 25.051.000.000 18.13%
2008 25.722.000.000 2.61%
2009 25.371.000.000 -1.38%
2010 25.469.000.000 0.38%
2011 15.609.000.000 -63.17%
2012 16.114.000.000 3.13%
2013 18.276.000.000 11.83%
2014 18.600.000.000 1.74%
2015 20.451.000.000 9.05%
2016 18.581.000.000 -10.06%
2017 19.596.000.000 5.18%
2018 17.363.000.000 -12.86%
2019 16.055.000.000 -8.15%
2020 15.404.000.000 -4.23%
2021 18.645.000.000 17.38%
2022 18.993.000.000 1.83%
2023 18.632.000.000 -1.94%
2023 19.646.000.000 5.16%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Okasan Securities Group Inc. EBITDA
Year EBITDA Growth
2004 12.078.000.000
2005 34.232.000.000 64.72%
2006 16.259.000.000 -110.54%
2007 15.672.000.000 -3.75%
2008 2.528.000.000 -519.94%
2009 11.353.000.000 77.73%
2010 7.176.000.000 -58.21%
2011 8.989.000.000 20.17%
2012 23.900.000.000 62.39%
2013 35.187.000.000 32.08%
2014 29.122.000.000 -20.83%
2015 21.635.000.000 -34.61%
2016 20.531.000.000 -5.38%
2017 14.307.000.000 -43.5%
2018 2.146.000.000 -566.68%
2019 5.791.000.000 62.94%
2020 7.854.000.000 26.27%
2021 14.327.000.000 45.18%
2022 2.975.000.000 -381.58%
2023 18.484.000.000 83.9%
2023 1.684.000.000 -997.62%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Okasan Securities Group Inc. Gross Profit
Year Gross Profit Growth
2004 57.572.000.000
2005 86.772.000.000 33.65%
2006 69.047.000.000 -25.67%
2007 69.638.000.000 0.85%
2008 53.283.000.000 -30.69%
2009 64.373.000.000 17.23%
2010 61.275.000.000 -5.06%
2011 59.829.000.000 -2.42%
2012 78.008.000.000 23.3%
2013 98.571.000.000 20.86%
2014 93.639.000.000 -5.27%
2015 84.141.000.000 -11.29%
2016 77.356.000.000 -8.77%
2017 79.766.000.000 3.02%
2018 63.652.000.000 -25.32%
2019 62.330.000.000 -2.12%
2020 62.848.000.000 0.82%
2021 79.726.000.000 21.17%
2022 61.880.000.000 -28.84%
2023 80.168.000.000 22.81%
2023 81.253.000.000 1.34%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Okasan Securities Group Inc. Net Profit
Year Net Profit Growth
2004 5.574.000.000
2005 17.899.000.000 68.86%
2006 4.730.000.000 -278.41%
2007 5.620.000.000 15.84%
2008 -1.880.000.000 398.94%
2009 2.785.000.000 167.5%
2010 640.000.000 -335.16%
2011 983.000.000 34.89%
2012 14.308.000.000 93.13%
2013 17.278.000.000 17.19%
2014 14.099.000.000 -22.55%
2015 11.068.000.000 -27.39%
2016 10.486.000.000 -5.55%
2017 5.852.000.000 -79.19%
2018 853.000.000 -586.05%
2019 3.626.000.000 76.48%
2020 6.017.000.000 39.74%
2021 10.073.000.000 40.27%
2022 529.000.000 -1804.16%
2023 11.180.000.000 95.27%
2023 18.199.000.000 38.57%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Okasan Securities Group Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 27
2005 89 69.66%
2006 23 -304.55%
2007 27 18.52%
2008 -9 400%
2009 14 169.23%
2010 3 -333.33%
2011 5 25%
2012 72 94.44%
2013 87 17.24%
2014 71 -22.54%
2015 56 -29.09%
2016 53 -5.77%
2017 30 -79.31%
2018 4 -625%
2019 18 77.78%
2020 30 40%
2021 51 40%
2022 3 -2400%
2023 54 96.3%
2023 283.062.594 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Okasan Securities Group Inc. Free Cashflow
Year Free Cashflow Growth
2004 -15.679.000.000
2005 -26.193.000.000 40.14%
2006 -978.000.000 -2578.22%
2007 2.000.000 49000%
2008 45.297.000.000 100%
2009 -51.607.000.000 187.77%
2010 -929.000.000 -5455.11%
2011 16.810.000.000 105.53%
2012 -38.867.000.000 143.25%
2013 27.656.000.000 240.54%
2014 60.601.000.000 54.36%
2015 7.819.000.000 -675.05%
2016 46.004.000.000 83%
2017 -16.065.000.000 386.36%
2018 37.467.000.000 142.88%
2019 6.656.000.000 -462.91%
2020 -42.991.000.000 115.48%
2021 -5.735.000.000 -649.63%
2022 -8.849.000.000 35.19%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Okasan Securities Group Inc. Operating Cashflow
Year Operating Cashflow Growth
2004 -14.505.000.000
2005 -25.557.000.000 43.24%
2006 -177.000.000 -14338.98%
2007 4.927.000.000 103.59%
2008 49.509.000.000 90.05%
2009 -48.902.000.000 201.24%
2010 1.456.000.000 3458.65%
2011 18.243.000.000 92.02%
2012 -36.185.000.000 150.42%
2013 35.315.000.000 202.46%
2014 64.275.000.000 45.06%
2015 13.734.000.000 -368%
2016 52.216.000.000 73.7%
2017 -12.876.000.000 505.53%
2018 39.869.000.000 132.3%
2019 8.453.000.000 -371.66%
2020 -40.941.000.000 120.65%
2021 -4.200.000.000 -874.79%
2022 -1.359.000.000 -209.05%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Okasan Securities Group Inc. Capital Expenditure
Year Capital Expenditure Growth
2004 1.174.000.000
2005 636.000.000 -84.59%
2006 801.000.000 20.6%
2007 4.925.000.000 83.74%
2008 4.212.000.000 -16.93%
2009 2.705.000.000 -55.71%
2010 2.385.000.000 -13.42%
2011 1.433.000.000 -66.43%
2012 2.682.000.000 46.57%
2013 7.659.000.000 64.98%
2014 3.674.000.000 -108.46%
2015 5.915.000.000 37.89%
2016 6.212.000.000 4.78%
2017 3.189.000.000 -94.79%
2018 2.402.000.000 -32.76%
2019 1.797.000.000 -33.67%
2020 2.050.000.000 12.34%
2021 1.535.000.000 -33.55%
2022 7.490.000.000 79.51%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Okasan Securities Group Inc. Equity
Year Equity Growth
2004 76.222.000.000
2005 110.660.000.000 31.12%
2006 107.758.000.000 -2.69%
2007 102.299.000.000 -5.34%
2008 93.150.000.000 -9.82%
2009 96.309.000.000 3.28%
2010 93.193.000.000 -3.34%
2011 92.458.000.000 -0.79%
2012 112.162.000.000 17.57%
2013 128.769.000.000 12.9%
2014 144.197.000.000 10.7%
2015 146.448.000.000 1.54%
2016 156.919.000.000 6.67%
2017 180.046.000.000 12.85%
2018 175.181.000.000 -2.78%
2019 164.444.000.000 -6.53%
2020 190.301.000.000 13.59%
2021 189.858.000.000 -0.23%
2022 185.636.000.000 -2.27%
2023 198.331.000.000 6.4%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Okasan Securities Group Inc. Assets
Year Assets Growth
2004 529.602.000.000
2005 693.074.000.000 23.59%
2006 683.088.000.000 -1.46%
2007 573.509.000.000 -19.11%
2008 424.993.000.000 -34.95%
2009 499.495.000.000 14.92%
2010 542.537.000.000 7.93%
2011 556.388.000.000 2.49%
2012 723.383.000.000 23.09%
2013 613.134.000.000 -17.98%
2014 649.489.000.000 5.6%
2015 515.743.000.000 -25.93%
2016 552.844.000.000 6.71%
2017 477.760.000.000 -15.72%
2018 425.700.000.000 -12.23%
2019 440.453.000.000 3.35%
2020 783.440.000.000 43.78%
2021 816.567.000.000 4.06%
2022 876.057.000.000 6.79%
2023 986.360.000.000 11.18%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Okasan Securities Group Inc. Liabilities
Year Liabilities Growth
2004 434.193.000.000
2005 560.280.000.000 22.5%
2006 552.985.000.000 -1.32%
2007 451.490.000.000 -22.48%
2008 313.468.000.000 -44.03%
2009 383.918.000.000 18.35%
2010 429.914.000.000 10.7%
2011 444.375.000.000 3.25%
2012 589.813.000.000 24.66%
2013 460.296.000.000 -28.14%
2014 478.080.000.000 3.72%
2015 343.647.000.000 -39.12%
2016 374.590.000.000 8.26%
2017 297.714.000.000 -25.82%
2018 250.519.000.000 -18.84%
2019 276.009.000.000 9.24%
2020 593.139.000.000 53.47%
2021 626.709.000.000 5.36%
2022 10.000.000.000 -6167.09%
2023 276.052.000.000 96.38%

Okasan Securities Group Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
361.93
Net Income per Share
41.07
Price to Earning Ratio
17.53x
Price To Sales Ratio
2.07x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
0.8
EV to Sales
4.62
EV Over EBITDA
22.8
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.06
FreeCashFlow Yield
0
Market Cap
154,88 Bil.
Enterprise Value
345,61 Bil.
Graham Number
910.52
Graham NetNet
-862.59

Income Statement Metrics

Net Income per Share
41.07
Income Quality
0
ROE
0.05
Return On Assets
0.01
Return On Capital Employed
0.02
Net Income per EBT
0.58
EBT Per Ebit
1.07
Ebit per Revenue
0.16
Effective Tax Rate
0.41

Margins

Sales, General, & Administrative to Revenue
0.25
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.93
Operating Profit Margin
0.16
Pretax Profit Margin
0.17
Net Profit Margin
0.1

Dividends

Dividend Yield
0.01
Dividend Yield %
1.39
Payout Ratio
0
Dividend Per Share
10

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.02
Return on Tangible Assets
0.01
Days Sales Outstanding
80.32
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
4.54
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
412,56
Book Value per Share
897,07
Tangible Book Value per Share
3434.79
Shareholders Equity per Share
897.07
Interest Debt per Share
1344.25
Debt to Equity
1.49
Debt to Assets
0.28
Net Debt to EBITDA
12.58
Current Ratio
0
Tangible Asset Value
701,50 Bil.
Net Current Asset Value
-174,26 Bil.
Invested Capital
1.49
Working Capital
101,79 Bil.
Intangibles to Total Assets
0.01
Average Receivables
8,24 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
1.78

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Okasan Securities Group Inc. Dividends
Year Dividends Growth
2001 10
2002 7 -42.86%
2003 2 -250%
2004 15 86.67%
2005 15 0%
2006 25 40%
2007 15 -66.67%
2008 15 0%
2009 5 -200%
2010 8 28.57%
2011 5 -40%
2012 5 0%
2013 5 0%
2014 25 80%
2015 25 0%
2016 25 0%
2017 25 0%
2018 25 0%
2019 15 -66.67%
2020 10 -50%
2021 15 33.33%
2022 15 0%
2023 10 -50%

Okasan Securities Group Inc. Profile

About Okasan Securities Group Inc.

Okasan Securities Group Inc., a securities company, provides securities investment and asset management services for individual, institutional, and corporate clients in Japan and internationally. The company operates through Securities Business, Asset Management Business, and Support Business segments. Its services include trading in securities; brokerage for trading in securities; and underwriting, distribution, public offering, secondary distribution, and private offering of securities, as well as asset management consulting, online trading services, and corporate services, including support services for IPOs, IR, and M&A proposing and business matching. The company also provides investment management and investment advisory services; sets up and manages investment trusts; and administers and manages investment partnerships. In addition, it engages in developing and implementing operational systems; information processing services; custodianship and temping services; delivering system infrastructures; and offers administrative and other support services, including back-office operations, data entry, forms preparation, and shipping services, as well as property management and other services. The company was formerly known as Okasan Holdings, Inc. and changed its name to Okasan Securities Group Inc. in October 2008. Okasan Securities Group Inc. was founded in 1923 and is headquartered in Tokyo, Japan.

CEO
Mr. Hiroyuki Shinshiba
Employee
3.358
Address
1-17-6 Nihonbashi
Tokyo, 103-8268

Okasan Securities Group Inc. Executives & BODs

Okasan Securities Group Inc. Executives & BODs
# Name Age
1 Mr. Hiroyuki Shinshiba
President & Director
70
2 Masahiro Hayakawa
Executive Vice President
70
3 Susumu Gotouda
Managing Executive Officer
70
4 Mr. Mitsuru Tanaka
Executive Vice President
70
5 Junichi Aizawa
Executive Vice President
70
6 Mr. Yoshihiro Ikeda
Head of IT Business Strategy Division & Director
70
7 Kazuhiko Tsuji
Senior Managing Executive Officer
70
8 Takashi Matsumoto
Managing Executive Officer
70
9 Toshikazu Kiyohara
Senior Managing Executive Officer
70
10 Shinichiro Tabata
Senior Executive Officer
70

Okasan Securities Group Inc. Competitors