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Marusan Securities Co., Ltd. logo

Marusan Securities Co., Ltd.

8613.T

JPXFinancial ServicesInvestment - Banking & Investment Services

Open in GoAI

Latest quote

¥1,270

+¥5.00 · +0.40%

Aug 24, 11:30 AM JST

8613.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

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.

Industry
Investment - Banking & Investment Services
Sector
Financial Services
Headquarters
JP
CEO
Minoru Kikuchi
Listed since
Jan 1, 2001
Employees
1,098

Market position

Volume
103K
0.37× average
Average volume
275.9K
Average daily volume
Market cap
84.21B JPY
Beta
0.26
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
28.79B JPY
P/E (TTM)
16.7×
P/B (TTM)
1.58×
P/S (TTM)
3.56×
EV / EBITDA
3.83×
Earnings yield
7.57%
Free cash flow yield
12.18%
Dividend yield
5.51%

Profitability & efficiency

Gross margin
95.83%
Operating margin
28.61%
Net margin
21.31%
Return on equity
9.74%
Return on assets
5.66%
Return on invested capital
7.22%

Financial health

Debt / equity
0.03×
Current ratio
2.07×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends114%74%33%-8%Gross margin, FY2021: 99.64%Gross margin, FY2022: 99.60%Gross margin, FY2023: 99.72%Gross margin, FY2024: 104.07%Gross margin, FY2025: 95.06%Operating margin, FY2021: 17.24%Operating margin, FY2022: 2.54%Operating margin, FY2023: 19.85%Operating margin, FY2024: 18.81%Operating margin, FY2025: 26.54%Net margin, FY2021: 15.14%Net margin, FY2022: 5.21%Net margin, FY2023: 15.72%Net margin, FY2024: 20.12%Net margin, FY2025: 22.51%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 99.64%. Gross margin FY2022 99.60%. Gross margin FY2023 99.72%. Gross margin FY2024 104.07%. Gross margin FY2025 95.06%. Operating margin FY2021 17.24%. Operating margin FY2022 2.54%. Operating margin FY2023 19.85%. Operating margin FY2024 18.81%. Operating margin FY2025 26.54%. Net margin FY2021 15.14%. Net margin FY2022 5.21%. Net margin FY2023 15.72%. Net margin FY2024 20.12%. Net margin FY2025 22.51%.

Income trends

Revenue

22.26B JPY+18.09%

Operating income

5.91B JPY+66.66%

Net income

5.01B JPY+32.12%
Income trends across reported periods24.44B JPY15.69B JPY6.94B JPY−1.81B JPYRevenue, FY2021: 18.67B JPYRevenue, FY2022: 14.93B JPYRevenue, FY2023: 18.61B JPYRevenue, FY2024: 18.85B JPYRevenue, FY2025: 22.26B JPYOperating income, FY2021: 3.22B JPYOperating income, FY2022: 379M JPYOperating income, FY2023: 3.69B JPYOperating income, FY2024: 3.55B JPYOperating income, FY2025: 5.91B JPYNet income, FY2021: 2.83B JPYNet income, FY2022: 778M JPYNet income, FY2023: 2.93B JPYNet income, FY2024: 3.79B JPYNet income, FY2025: 5.01B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 18.67B JPY. Revenue FY2022 14.93B JPY. Revenue FY2023 18.61B JPY. Revenue FY2024 18.85B JPY. Revenue FY2025 22.26B JPY. Operating income FY2021 3.22B JPY. Operating income FY2022 379M JPY. Operating income FY2023 3.69B JPY. Operating income FY2024 3.55B JPY. Operating income FY2025 5.91B JPY. Net income FY2021 2.83B JPY. Net income FY2022 778M JPY. Net income FY2023 2.93B JPY. Net income FY2024 3.79B JPY. Net income FY2025 5.01B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue22.26B JPY18.85B JPY18.61B JPY14.93B JPY18.67B JPY
Cost of goods sold1.1B JPY531M JPY52M JPY59M JPY67M JPY
Gross profit21.16B JPY19.62B JPY18.55B JPY14.87B JPY18.6B JPY
Selling, general, and administrative2.99B JPY2.81B JPY2.85B JPY3.01B JPY3.54B JPY
Operating expenses15.25B JPY14.77B JPY14.86B JPY14.49B JPY15.38B JPY
Interest income357M JPY————
Depreciation and amortization524M JPY482M JPY453M JPY518M JPY493M JPY
Operating income5.91B JPY3.55B JPY3.69B JPY379M JPY3.22B JPY
Net income5.01B JPY3.79B JPY2.93B JPY778M JPY2.83B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 2 misses, 0 met estimates
Average EPS surprise
-13.57%
2 comparable reports
Latest EPS result
20.92

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates24.6519.3414.028.71Q4 '24MissQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Oct 15, 2024: actual 9.81, estimate 13.45, surprise -27.06%, Miss. Q1 2025, reported Jan 20, 2025: actual 10.57, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 28, 2025: actual 23.55, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 15, 2025: actual 20.92, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 30, 2025: actual 13.85, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 20, 2026: actual 20.12, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 28, 2026: actual 20.76, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 30, 2026: actual 20.92, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates6.5B5.71B4.91B4.12BQ4 '24MissQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Oct 15, 2024: actual 4.65B JPY, estimate 4.98B JPY, surprise -6.57%, Miss. Q1 2025, reported Jan 20, 2025: actual 4.72B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 28, 2025: actual 4.5B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 15, 2025: actual 4.37B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 30, 2025: actual 5.23B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 20, 2026: actual 5.96B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 28, 2026: actual 6.17B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 30, 2026: actual 6.25B JPY, estimate —, surprise —, Comparison unavailable.

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ETFs holding 8613.T

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core TOPIX ETF logoiShares Core TOPIX ETF1475.T
Market value
205.94M
Weight
0.01%
AUM
2.89T JPY
Expense ratio
0.05%
Price / 1D
¥418.5+0.12%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
6.09M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
4.46M
Weight
0.00%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.42+0.80%
Vanguard FTSE All-World ex-US Small-Cap ETF logoVanguard FTSE All-World ex-US Small-Cap ETFVSS
Market value
1.97M
Weight
0.01%
AUM
13.6B USD
Expense ratio
0.06%
Price / 1D
$160.06+0.43%
Schwab International Small-Cap Equity ETF logoSchwab International Small-Cap Equity ETFSCHC
Market value
1.02M
Weight
0.02%
AUM
5.73B USD
Expense ratio
0.06%
Price / 1D
$51.25+0.61%
State Street SPDR S&P International Small Cap ETF logoState Street SPDR S&P International Small Cap ETFGWX
Market value
596.82K
Weight
0.06%
AUM
927.26M USD
Expense ratio
0.40%
Price / 1D
$46.205+0.40%
Vanguard FTSE Pacific ETF logoVanguard FTSE Pacific ETFVPL
Market value
450.1K
Weight
0.00%
AUM
13.1B USD
Expense ratio
0.07%
Price / 1D
$115.11+0.89%
Avantis International Equity ETF logoAvantis International Equity ETFAVDE
Market value
388.01K
Weight
—
AUM
19.1B USD
Expense ratio
0.23%
Price / 1D
$94.26+0.87%

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