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Japan Exchange Group, Inc. logo

Japan Exchange Group, Inc.

8697.T

JPXFinancial ServicesFinancial - Data & Stock Exchanges

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Latest quote

¥2,236

−¥2.00 · -0.09%

Aug 24, 1:17 PM JST

8697.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Japan Exchange Group, Inc. operates as a financial instruments exchange holding company in Japan. It engages in the operation of financial instruments exchange markets for trading listed securities and derivatives instruments to market users; publication of stock prices and quotations; provides market facilities for trading of commodity derivatives, physical commodities, and commodity index futures; self-regulatory operations, such as listing examination, listed company compliance, market surveillance, and inspections and examinations of trading participants. The company also provides clearing and settlement, and market-related services. The company was incorporated in 1949 and is headquartered in Tokyo, Japan.

Industry
Financial - Data & Stock Exchanges
Sector
Financial Services
Headquarters
JP
CEO
Hiromi Yamaji
Listed since
Sep 5, 2008
Employees
1,268

Market position

Day range

Current ¥2,236

52-week range

Current ¥2,236

Open
¥2,238
Previous close
¥2,238
Volume
1.03M
0.26× average
Average volume
3.97M
Average daily volume
Market cap
2.28T JPY
Beta
1.28
Market reference 1
50-day average
¥2,185.03
+2.33% above average
200-day average
¥1,918.6
+16.54% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.8T JPY
P/E (TTM)
25.06×
P/B (TTM)
7.15×
P/S (TTM)
10.31×
EV / EBITDA
13.33×
Earnings yield
4.25%
Free cash flow yield
5.74%
Dividend yield
2.73%

Profitability & efficiency

Gross margin
77.23%
Operating margin
60.03%
Net margin
41.42%
Return on equity
22.94%
Return on assets
0.11%
Return on invested capital
0.11%

Financial health

Debt / equity
0.16×
Current ratio
2.57×
Altman Z-score
0.04
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends86%67%48%30%Gross margin, FY2022: 53.38%Gross margin, FY2023: 49.77%Gross margin, FY2024: 54.51%Gross margin, FY2025: 81.22%Gross margin, FY2026: 71.62%Operating margin, FY2022: 54.17%Operating margin, FY2023: 50.75%Operating margin, FY2024: 55.41%Operating margin, FY2025: 54.27%Operating margin, FY2026: 57.68%Net margin, FY2022: 36.83%Net margin, FY2023: 34.46%Net margin, FY2024: 38.54%Net margin, FY2025: 37.21%Net margin, FY2026: 39.76%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 53.38%. Gross margin FY2023 49.77%. Gross margin FY2024 54.51%. Gross margin FY2025 81.22%. Gross margin FY2026 71.62%. Operating margin FY2022 54.17%. Operating margin FY2023 50.75%. Operating margin FY2024 55.41%. Operating margin FY2025 54.27%. Operating margin FY2026 57.68%. Net margin FY2022 36.83%. Net margin FY2023 34.46%. Net margin FY2024 38.54%. Net margin FY2025 37.21%. Net margin FY2026 39.76%.

Income trends

Revenue

199.05B JPY+21.25%

Operating income

114.82B JPY+28.89%

Net income

79.14B JPY+29.54%
Income trends across reported periods214.32B JPY153.24B JPY92.15B JPY31.07B JPYRevenue, FY2022: 135.64B JPYRevenue, FY2023: 134.5B JPYRevenue, FY2024: 157.8B JPYRevenue, FY2025: 164.17B JPYRevenue, FY2026: 199.05B JPYOperating income, FY2022: 73.47B JPYOperating income, FY2023: 68.25B JPYOperating income, FY2024: 87.44B JPYOperating income, FY2025: 89.09B JPYOperating income, FY2026: 114.82B JPYNet income, FY2022: 49.96B JPYNet income, FY2023: 46.34B JPYNet income, FY2024: 60.82B JPYNet income, FY2025: 61.09B JPYNet income, FY2026: 79.14B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 135.64B JPY. Revenue FY2023 134.5B JPY. Revenue FY2024 157.8B JPY. Revenue FY2025 164.17B JPY. Revenue FY2026 199.05B JPY. Operating income FY2022 73.47B JPY. Operating income FY2023 68.25B JPY. Operating income FY2024 87.44B JPY. Operating income FY2025 89.09B JPY. Operating income FY2026 114.82B JPY. Net income FY2022 49.96B JPY. Net income FY2023 46.34B JPY. Net income FY2024 60.82B JPY. Net income FY2025 61.09B JPY. Net income FY2026 79.14B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue199.05B JPY164.17B JPY157.8B JPY134.5B JPY135.64B JPY
Cost of goods sold56.49B JPY30.84B JPY71.79B JPY67.56B JPY63.23B JPY
Gross profit142.55B JPY133.33B JPY86.02B JPY66.93B JPY72.41B JPY
Operating expenses27.73B JPY44.25B JPY−1.43B JPY−1.32B JPY−1.07B JPY
Interest income924M JPY328M JPY69M JPY49M JPY58M JPY
Interest expense295M JPY173M JPY108M JPY96M JPY103M JPY
Depreciation and amortization18.04B JPY18.36B JPY18.3B JPY18.97B JPY17.53B JPY
Operating income114.82B JPY89.09B JPY87.44B JPY68.25B JPY73.47B JPY
Net income79.14B JPY61.09B JPY60.82B JPY46.34B JPY49.96B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
+1.08%
11 comparable reports
Latest EPS result
28.81
Estimate 27.7 · Beat by 4.01%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates30.0324.1418.2512.36Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 30, 2025: actual 14.09, estimate 15.02, surprise -6.19%, Miss. Q2 2025, reported Apr 28, 2025: actual 13.58, estimate 14.13, surprise -3.89%, Miss. Q3 2025, reported Jul 30, 2025: actual 16.83, estimate 15.72, surprise +7.06%, Beat. Q4 2025, reported Oct 29, 2025: actual 17.76, estimate 18.29, surprise -2.90%, Miss. Q1 2026, reported Jan 29, 2026: actual 19.87, estimate 20.35, surprise -2.36%, Miss. Q2 2026, reported Apr 28, 2026: actual 23.13, estimate 20.48, surprise +12.94%, Beat. Q3 2026, reported Jul 28, 2026: actual 28.81, estimate 27.7, surprise +4.01%, Beat. Q4 2026, reported Oct 22, 2026: actual —, estimate 24.48, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates68.14B57.51B46.89B36.26BQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 30, 2025: actual 39.78B JPY, estimate 40.11B JPY, surprise -0.81%, Miss. Q2 2025, reported Apr 28, 2025: actual 38.88B JPY, estimate 40.65B JPY, surprise -4.34%, Miss. Q3 2025, reported Jul 30, 2025: actual 44.53B JPY, estimate 43.25B JPY, surprise +2.97%, Beat. Q4 2025, reported Oct 29, 2025: actual 47.81B JPY, estimate 46.8B JPY, surprise +2.17%, Beat. Q1 2026, reported Jan 29, 2026: actual 50.3B JPY, estimate 51.41B JPY, surprise -2.15%, Miss. Q2 2026, reported Apr 28, 2026: actual 58.23B JPY, estimate 55.9B JPY, surprise +4.16%, Beat. Q3 2026, reported Jul 28, 2026: actual 65.52B JPY, estimate 62.91B JPY, surprise +4.15%, Beat. Q4 2026, reported Oct 22, 2026: actual —, estimate 61.48B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥54.00

2025 complete year+58.8% since 2021

2026 partial: ¥36.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥38.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥39.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥36.00

Semi-Annual

Record Mar 31, 2026 · Payment May 29, 2026

Dividend

Ex-dividend Sep 29, 2025

¥25.00

Annual

Record Sep 30, 2025 · Payment Dec 1, 2025

Dividend

Ex-dividend Mar 28, 2025

¥29.00

Special

Record Mar 31, 2025 · Payment May 30, 2025

Dividend

Ex-dividend Sep 27, 2024

¥16.50

Annual

Record Sep 30, 2024 · Payment Dec 2, 2024

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ETFs holding 8697.T

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

iShares Core TOPIX ETF logoiShares Core TOPIX ETF1475.T
Market value
6.16B
Weight
0.21%
AUM
2.89T JPY
Expense ratio
0.05%
Price / 1D
¥418.6+0.14%
iShares Core Nikkei 225 ETF logoiShares Core Nikkei 225 ETF1329.T
Market value
4.8B
Weight
0.23%
AUM
2.12T JPY
Expense ratio
0.05%
Price / 1D
¥6,806-0.53%
iShares JPX-Nikkei 400 ETF logoiShares JPX-Nikkei 400 ETF1364.T
Market value
1.81B
Weight
0.30%
AUM
592.34B JPY
Expense ratio
0.05%
Price / 1D
¥3,7610.00%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
204.26M
Weight
0.03%
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
135.74M
Weight
0.04%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.42+0.80%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
99.7M
Weight
0.05%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.85+0.86%
iShares MSCI Japan ETF logoiShares MSCI Japan ETFEWJ
Market value
57.93M
Weight
0.26%
AUM
22.49B USD
Expense ratio
0.49%
Price / 1D
$95.18+0.97%
JPMorgan BetaBuilders Japan ETF logoJPMorgan BetaBuilders Japan ETFBBJP
Market value
48.95M
Weight
0.26%
AUM
18.96B USD
Expense ratio
0.19%
Price / 1D
$76.87+0.97%

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