Marusan Securities Co., Ltd.

Marusan Securities Co., Ltd.

8613.T
Marusan Securities Co., Ltd.JP flagTokyo Stock Exchange
1,108.00
JPY
+13.00
- -
73.47BMarket Cap
Marusan Securities Co., Ltd.
8613.T
(Tokyo Stock Exchange)

Recent

price

1,108.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
209.7
208.44
263.07
350.46
305.8
274.22
236.38
285.7
235.26
247.95
288.48
280.67
227.42
283.43
285.21
328.03
144.63
Revenue per Share
-1.29
-11.5
42.79
92.95
72.27
41.43
12
35.6
7.91
11.91
62.49
42.5
11.85
44.56
68.4
75.65
24.08
Basic EPS, GAAP
-53.93
67.14
-65.96
21.17
204.65
-21.86
90.39
25.3
22.95
172.85
-48.6
-17.11
162.08
106.43
-16.71
121.65
- -
Free Cash Flow per Basic Share
10.28
5.09
5.05
40.77
39.91
84.55
58.08
66.87
58.06
19.98
21.47
30.88
16.1
31.87
64.66
61.79
- -
Dividend per Share
582
581.95
638.47
700.32
738.67
694.6
647.41
615.57
564.93
556.82
597.81
609.3
613.06
625.65
605.8
618.23
610.18
Book Value per Share
604.92
588.42
678.81
757.07
824.06
766.16
724.91
707.3
640.58
632.77
696.12
706.38
697.41
795.91
714.12
765.06
761.2
Tangible Book Value per Share
71
69
67
66
66
66
66
66
67
67
67
67
66
66
66
66
66
Basic Weighted Avg Shares
14,947
14,448
17,664
23,173
20,252
18,175
15,694
18,982
15,645
16,490
19,185
18,668
14,929
18,605
18,848
21,723
9,551
Sales/Revenue/Turnover
-1.01
-5.33
16.68
32.03
24.25
15.13
4.21
16.03
0.44
6.17
19.1
17.26
2.57
19.88
18.9
24.76
21.86
Operating Margin (%)
608
426
424
442
470
465
345
270
282
322
424
493
518
453
482
524
228
Depreciation Expense
-92
-797
2,873
6,146
4,786
2,746
797
2,365
526
792
4,156
2,827
778
2,925
4,520
5,010
1,590
Net Income, GAAP
- -
- -
12.11
38.98
29.64
13.12
27.41
32.76
34.25
41.55
31.14
29.2
31.03
29.98
25.26
28.37
29.71
Effective Tax Rate (%)
-0.62
-5.52
16.26
26.52
23.63
15.11
5.08
12.46
3.36
4.8
21.66
15.14
5.21
15.72
23.98
23.06
16.65
Profit Margin (%)
37,585
35,660
38,199
41,516
43,706
40,818
37,851
35,299
32,432
32,177
34,870
34,946
34,289
35,034
34,243
33,648
34,220
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
43,333
41,613
46,279
50,628
54,963
51,060
48,311
47,149
42,747
42,218
46,399
47,132
46,086
52,524
47,720
51,443
50,607
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-0.22
-1.95
6.91
13.78
10.05
5.78
1.79
5.64
1.34
2.12
10.82
7.04
1.93
7.19
11.15
12.37
3.91
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
3,136
- -
3,827
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
66
- -
66
Market Capitalization
70,699
71,422
60,756

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
60,489
- -
70,831
Cash, Cash Equivalents & STI
39,989
- -
52,644
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
25,455
- -
36,611
Payables & Accruals
- -
- -
- -
ST Debt
3,136
- -
3,827
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.35%
2.4%
7.8%
Free Cash Flow
-214.98%
-415.92%
-829.71%
Net Income, GAAP
76.02%
47.37%
10.84%
Sales/Revenue/Turnover
2.99%
3.69%
15.25%
Total Cash Common Dividend
10.6%
38.65%
-4.24%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,586
4,468
4,194
5,357
18,605
2025
- -
- -
- -
- -
18,848
2026
- -
- -
- -
- -
21,723

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.05
- -
- -
- -
44.56
2025
- -
- -
- -
- -
68.4
2026
- -
- -
- -
- -
75.65

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
31.87
2025
- -
- -
- -
- -
64.66
2026
- -
- -
- -
- -
61.79
Business
Marusan Securities Co., Ltd. is a Japan-based financial services company primarily engaged in securities investment and financial products trading. Founded in 1907 and headquartered in Chiyoda, Tokyo, the company offers a broad range of services including securities brokerage; underwriting and sale of securities; buying and selling of securities including derivatives; market and foreign market derivative transactions; handling of public and corporate bond payments; agency services related to investment trust beneficiary certificates; safe deposit box business; gold bullion trading; securities custody; lending and borrowing of securities; insurance agency services covering life and non-life insurance; and real estate and consulting through subsidiaries. The company’s operations centrally focus on the Japanese market, serving institutional and retail investors. Recent major changes include the reinforcement of its defensive management policy with updated takeover defense measures as approved at the 103rd Annual General Meeting in 2023. Additionally, Marusan Securities has engaged in strategic share acquisitions and special committee reorganizations to strengthen governance and shareholder rights protection. The company continues evolving its service offerings with digital transformation trends, including brokerage service adjustments such as the transfer of its online trading service "Marusan Trade" to Okasan Securities to streamline operations. These moves are part of a broader strategic effort to enhance operational efficiency and expand solutions in the competitive Japanese securities market. As part of its comprehensive service suite, Marusan Securities also involves itself in insurance contract conclusion, real estate business, and computer system-related business via subsidiaries, reflecting diversification beyond traditional brokerage and securities trading. The company actively participates in market-making activities and facilitates the underwriting and private placement of securities, supporting capital market functions in Japan. Its client base includes individual investors, corporations, and institutional entities, offering an integrated financial service platform. Marusan Securities remains a significant player in Japan’s financial sector recognized for its longstanding market presence and diversified financial service capabilities. Its strategic focus on strengthening shareholder governance combined with efforts to adapt to changing market conditions positions it as a resilient entity in the securities brokerage and investment services landscape. The company maintains active involvement with other securities firms through industry collaborations and new market initiatives to broaden its service reach and competencies. Overall, Marusan Securities Co., Ltd. provides detailed securities investment services, brokerage, underwriting, asset custody, insurance agency services, and diversified financial solutions primarily in Japan, leveraging over a century of experience and recent governance and operational enhancements to support growth and sustainability in the evolving financial markets.