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Marusan Securities Co., Ltd. (8613.T)

JPY1,164.00 +38.00 (+3.37%)
JP JPX Financial Services Investment - Banking & Investment Services
Address Kojimachi Front Building 102-8030
Tokyo, TYO, JP
CEO Minoru Kikuchi
IPO 2001-01-01
ISIN JP3874800000

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Description

Marusan Securities Co., Ltd. engages in the financial products trading business in Japan. It is involved in buying and selling securities, market and foreign market derivative transactions; brokerage and brokerage agency financial instruments exchange market activities; underwriting and sale of securities; handling of offering, sale, and private placement of securities; safe deposit box business; brokerage of stock affairs; buying and selling of gold bullion, negotiable deposits, and yen-denominated bank bills; storage business; intermediation of buying and selling; life insurance recruitment; non-life insurance agency business; custodial custody; lending and borrowing of securities; and other businesses. It also provides agency services for accepting payments for public and corporate bonds and paying their principal interest, payment of investment trust beneficiary certificate, redemption proceeds, partial cancellation charges, and securities related. Marusan Securities Co., Ltd. was founded in 1910 and is headquartered in Chiyoda, Japan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY1,164.00 +38.00 (+3.37%)
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Volume Profile
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Liquidity & share structure
Average Volume
280.1K
Beta
0.27
Float Shares
50.13M
Free Float %
75.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.10% -2.45% -0.77% -7.25% +6.03% +1.37% +17.57% +155.42% +58.81% +2.88% +121.58%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,164.00
DCF (Unlevered) 635.80 -45.4%
DCF (Levered) 2,240.67 +92.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.41
Grey zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Investment - Banking & Investment Services: +23.9%
    +15.3% Q1'26: -2.6% (vs Q1'25)
  • EPS growth Investment - Banking & Investment Services: +31.6%
    +32.3% Q1'26: -11.9% (vs Q1'25)
  • FCF margin FCF growth · Investment - Banking & Investment Services: +22.1%
    +20.0% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Investment - Banking & Investment Services: +33.7%
    +0.0% Q1'26: -69.4% (vs Q1'25)
  • ROIC Investment - Banking & Investment Services: +2.7%
    +0.0% Q1'26: -91.1% (vs Q1'25)
  • Share dilution Investment - Banking & Investment Services: +0.1%
    -0.1% Q1'26: +0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Investment - Banking & Investment Services: -0.48×
    Q1'26: -0.08× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.84) × ERP
WACC = 98% × Ke + 2% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 635.80 Current price: 1,164.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2017
actual
Revenue
20.25B
est: 18.38B (+10.2%)
15.69B
est: 15.70B (0.0%)
EBITDA
5.60B
est: 3.59B (+55.8%)
1.00B
est: 3.07B (-67.4%)
EBIT
4.91B
est: 3.10B (+58.2%)
661.00M
est: 2.65B (-75.1%)
Net Income
4.79B
est: 1.12B (+325.6%)
797.00M
est: 796.09M (+0.1%)
SGA
3.43B
est: 3.21B (+6.9%)
3.40B
est: 2.74B (+24.2%)
EPS
72.27
est: 16.97 (+326.0%)
12.01
est: 12.01 (+0.0%)
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-28 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-27 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-26 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-25 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-22 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-21 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-20 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-19 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-18 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-15 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-14 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-13 A- 4/5 5/5 3/5 5/5 4/5 2/5 2/5
2026-05-12 A- 4/5 5/5 3/5 5/5 4/5 2/5 2/5
2026-05-11 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-08 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-07 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-05-01 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-04-30 A- 4/5 5/5 3/5 5/5 3/5 2/5 2/5
2026-04-28 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-20 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-17 A- 4/5 4/5 4/5 5/5 2/5 3/5 2/5
2026-04-16 A- 4/5 4/5 4/5 5/5 2/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
577.51M
OE per share TTM
8.77
Owner's Yield
0.84%
Maintenance CapEx ratio
11.37%
Maint CapEx / Avg PPE
15.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 24 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P International Small Cap ETF GWX 0.06% 519.1K 0.40%
2 Schwab International Small-Cap Equity ETF SCHC 0.02% 890.2K 0.06%
3 Avantis International Small Cap Equity ETF AVDS 0.02% 50.7K 0.30%
4 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.01% 1.47M 0.06%
5 iShares Core TOPIX ETF 1475.T 0.01% 1.11M 0.05%
6 Vanguard FTSE Developed Asia Pacific All Cap Index ETF VA.TO 0.00% 7.4K 0.22%
7 Vanguard FTSE Pacific ETF VPL 0.00% 381.2K 0.07%
8 Vanguard ESG International Stock ETF VSGX 0.00% 152.0K 0.10%
9 Avantis International Equity ETF AVDE 0.00% 344.2K 0.23%
10 Amundi Japan TOPIX II UCITS ETF EUR Dist JPNU.L 0.00% 11.7K 0.45%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
Shares Outstanding
66.31M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Hiroshi Takeda Managing Executive Officer
Hiroyoshi Yamazaki Managing Executive Officer
Kashiwabara Nobuyuki Managing Executive Officer, Chief Global Strategist & Investment Trust Manager
Kazuya Yoshioka Executive Officer
Kenji Katano Executive Officer & Manager of Osaka Branch
Makoto Hattori Senior Managing Executive Officer & Representative Director
Masatsugu Aoki Executive Officer & Director
Matsui Yutaka Executive Officer & Underwriting Division Manager
Minoru Kikuchi Chief Executive Officer, President & Representative Director
Toya Kiyotaka Executive Officer and GM of Finance Department & Securities Management Department
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits