SPARX Group Co., Ltd.

SPARX Group Co., Ltd.

SRXXF
SPARX Group Co., Ltd.US flagOther OTC
11.00
USD
- -
- -
434.71MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
191.86
163.25
213.65
219.22
328.14
279.07
311.18
357.64
351.47
335
414.49
451.94
- -
215.5
Basic EPS, GAAP
40.52
36.78
65.62
57.75
116.14
80.61
57.4
86.77
101.87
113.37
163.79
132.16
- -
80.16
Free Cash Flow per Basic Share
60.59
32.68
60.27
48.55
167.92
16.66
113.07
153.07
66.6
70.24
110.93
110.59
- -
- -
Dividend per Share
- -
12.32
12.39
19.99
20.12
35.44
50.96
45.59
55.77
60.66
61.38
68.4
- -
- -
Book Value per Share
-4.48
253.08
306.65
346.71
445.5
491.08
499.76
543.01
585.04
638.79
742.37
807.35
- -
732.32
Tangible Book Value per Share
288.47
350.15
384.2
422.76
486.48
477.79
463.17
581.97
608.57
652.68
758.4
842.86
- -
762.2
Basic Weighted Avg Shares
40
41
41
41
40
40
40
40
40
40
40
40
- -
40
Sales/Revenue/Turnover
7,751
6,653
8,742
8,905
13,226
11,237
12,475
14,294
14,042
13,359
16,497
17,960
19,577
8,568
Operating Margin (%)
23.84
21.37
34.07
35.58
49.66
34.7
35.9
44.41
46.03
42.69
45.31
42.96
46.1
46.03
Depreciation Expense
1,047
778
423
105
150
178
264
282
195
180
218
264
331
- -
Net Income, GAAP
1,637
1,499
2,685
2,346
4,681
3,246
2,301
3,468
4,070
4,521
6,519
5,252
6,384
3,187
Effective Tax Rate (%)
19.07
6.6
18.76
26.31
25.52
23
41.98
42.62
35.84
31.78
30.39
34.39
33.36
30.73
Profit Margin (%)
21.12
22.53
30.71
26.34
35.39
28.89
18.44
24.26
28.98
33.84
39.52
29.24
32.61
37.2
Working Capital
10,284
13,911
12,045
16,506
16,804
17,974
16,207
12,178
18,152
19,254
20,583
18,643
16,600
16,498
LT Debt
1,500
3,000
- -
5,000
5,000
7,000
7,000
2,000
7,000
5,000
7,000
7,000
2,000
7,000
Total Equity
12,523
14,786
15,732
17,181
21,388
21,017
20,337
23,275
24,323
26,046
31,419
33,507
39,203
31,535
Return on Invested Capital (%)
11.26
8.17
13.02
11.26
19.58
10.77
8.96
11.37
12.21
11.1
13.27
11.53
12.4
6.78
Return on Capital (%)
91
16.97
16.76
12.61
20.73
12.8
8.21
11.62
13.04
13.61
17.96
13.13
14.65
8.78
Return on Common Equity (%)
- -
- -
23.49
17.62
29.22
17.21
11.56
16.62
18.06
18.51
23.7
17.04
18.84
11.49

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
2,000
- -
2,000
LT Borrowings
7,000
- -
7,000
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
- -
40
Market Capitalization
70,807
69,891
49,720

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
27,130
- -
22,016
Cash, Cash Equivalents & STI
22,066
- -
16,475
Accounts Receivable, Net
1,402
- -
1,509
Inventories
138
- -
- -
Total Current Liabilities
6,547
- -
5,518
Payables & Accruals
- -
- -
- -
ST Debt
2,000
- -
2,000
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.9%
11.17%
17%
Free Cash Flow
77.91%
7.11%
29.62%
Net Income, GAAP
15.26%
14.95%
21.55%
Sales/Revenue/Turnover
9.57%
6.95%
9%
Total Cash Common Dividend
21.4%
9.12%
2.5%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,737
4,192
3,822
4,746
16,497
2025
- -
- -
- -
- -
17,960
2026
- -
- -
- -
- -
19,577

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
50.7
- -
- -
- -
163.79
2025
- -
- -
- -
- -
132.16
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
61.38
2025
- -
- -
- -
- -
68.4
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Shuhei Abe
Full Time Employees
186
Sector
Financial Services
Industry
Asset Management
Address
Shinagawa Season Terrace Tokyo Japan 108-0075
IPO Date
Jun 9, 2010
Business
SPARX Group Co., Ltd. is an independent asset management firm headquartered in Tokyo, Japan, founded in 1989. The company offers comprehensive investment management services through four main business pillars: Japanese Equity, One Asia, Real Assets, and Private Equity. Its Japanese Equity segment focuses on domestic equity investments, while the One Asia segment targets equity investments in Korea and other Asian markets. The Real Assets division involves development, management, and operation of renewable energy power plants, including solar power, primarily through subsidiaries such as SPARX Green Energy & Technology Co., Ltd. The Private Equity segment invests in startup enterprises both domestically and internationally, focusing on intelligent technologies, robotics, hydrogen-based society technologies, electrification, new materials, carbon neutrality, and sustainable development goals. SPARX provides investment trust management, discretionary investment management, advisory services, and related financial solutions primarily to corporate pension annuities, government entities, private and trust banks, and public pension funds across Japan and Asia. In the last 1-2 years, SPARX Group has experienced significant growth in assets under management and profitability. The company reported a 23.5% year-on-year increase in operating revenue to ¥16,498 million for the fiscal year ending March 2024, with operating profit rising 31.1% to ¥7,476 million. Base earnings set new record highs, reflecting steady, stable profitability. It has recently focused on strengthening its sustainable investment approach and expanding its renewable energy asset portfolio. In April 2024, SPARX launched the Space Frontiers Fund II, following the successful launch of the Space Frontiers Fund I in June 2020, as part of its Private Equity efforts targeting technologically innovative startups. The company continues to increase dividend payouts, demonstrating solid financial health and returning value to shareholders. Its operational strategy emphasizes sustainable, long-term growth through diversified investment products and geographical expansion in Asia. SPARX operates mainly in Japan and the broader Asian region, coordinating Japanese equity and discretionary asset management primarily through its SPARX Asset Management Co., Ltd. subsidiary, while Asian markets equities are managed by SPARX Asset Management Korea Co., Ltd. and SPARX Asia Investment Advisors Limited. The firm maintains a strong commitment to sustainability, integrating ESG considerations into its investment philosophy to support a sustainable society and ensure medium- to long-term growth. The company is publicly listed, with shares traded under the ticker 8739 on the Tokyo Stock Exchange and on international markets including OTC as SRXXF. Overall, SPARX Group Co., Ltd. is a diversified financial services company specializing in asset management across equity, real assets, and private equity, supported by strategic expansions in renewable energy and innovative technology investment funds, reinforcing its position as a leading asset manager focused on sustainable growth and regional market opportunities in Asia.