NOT FOR DISTRIBUTION
Header cover image

Market Cap

JP¥11.1b

Last Updated

2021/04/17 08:01 UTC

Data Sources

Company Financials

Executive Summary

Akatsuki Corp. operates in the real estate and securities businesses in Japan. More Details


Snowflake Analysis

Adequate balance sheet with proven track record.

Share Price & News

How has Akatsuki's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8737 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 8737's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-3.5%

8737

0.06%

JP Capital Markets

0.1%

JP Market


1 Year Return

47.1%

8737

51.2%

JP Capital Markets

37.4%

JP Market

Return vs Industry: 8737 underperformed the JP Capital Markets industry which returned 51.2% over the past year.

Return vs Market: 8737 exceeded the JP Market which returned 37.4% over the past year.


Shareholder returns

8737IndustryMarket
7 Day-3.5%0.06%0.1%
30 Day-7.7%-1.5%-1.2%
90 Day14.0%8.6%5.7%
1 Year55.2%47.1%57.3%51.2%40.3%37.4%
3 Year-5.8%-20.8%19.1%7.1%21.3%12.9%
5 Year13.2%-10.7%56.8%31.5%57.3%40.0%

Long-Term Price Volatility Vs. Market

How volatile is Akatsuki's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Akatsuki undervalued compared to its fair value and its price relative to the market?

5.63x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 8737 (¥359) is trading above our estimate of fair value (¥321.14)

Significantly Below Fair Value: 8737 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 8737 is good value based on its PE Ratio (5.6x) compared to the JP Capital Markets industry average (21.8x).

PE vs Market: 8737 is good value based on its PE Ratio (5.6x) compared to the JP market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8737's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8737 is good value based on its PB Ratio (0.8x) compared to the JP Capital Markets industry average (1x).


Future Growth

How is Akatsuki forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.3%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Akatsuki has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Akatsuki performed over the past 5 years?

47.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8737 has a large one-off gain of ¥950.0M impacting its December 31 2020 financial results.

Growing Profit Margin: 8737's current net profit margins (5.1%) are higher than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: 8737 has become profitable over the past 5 years, growing earnings by 47.7% per year.

Accelerating Growth: 8737's earnings growth over the past year (73.2%) exceeds its 5-year average (47.7% per year).

Earnings vs Industry: 8737 earnings growth over the past year (73.2%) exceeded the Capital Markets industry 6.4%.


Return on Equity

High ROE: 8737's Return on Equity (14.9%) is considered low.


Financial Health

How is Akatsuki's financial position?


Financial Position Analysis

Short Term Liabilities: 8737's short term assets (¥59.2B) exceed its short term liabilities (¥40.7B).

Long Term Liabilities: 8737's short term assets (¥59.2B) exceed its long term liabilities (¥11.3B).


Debt to Equity History and Analysis

Debt Level: 8737's debt to equity ratio (217.6%) is considered high.

Reducing Debt: 8737's debt to equity ratio has increased from 44.9% to 217.6% over the past 5 years.

Debt Coverage: 8737's debt is well covered by operating cash flow (29.4%).

Interest Coverage: 8737's interest payments on its debt are well covered by EBIT (6.1x coverage).


Balance Sheet


Dividend

What is Akatsuki current dividend yield, its reliability and sustainability?

4.74%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 8737's dividend (4.74%) is higher than the bottom 25% of dividend payers in the JP market (1.21%).

High Dividend: 8737's dividend (4.74%) is in the top 25% of dividend payers in the JP market (2.79%)


Stability and Growth of Payments

Stable Dividend: 8737 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 8737's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30.6%), 8737's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.5yrs

Average board tenure


CEO

Hideaki Shimane (55 yo)

7.83yrs

Tenure

Mr. Hideaki Shimane has been the President of Akatsuki Corp. (formerly known as Akatsuki Financial Group, Inc.) since April 2012 and its Chief Executive Officer since June 2013. Mr. Shimane served as a Gen...


Board Members

Experienced Board: 8737's board of directors are considered experienced (9.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Akatsuki Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Akatsuki Corp.
  • Ticker: 8737
  • Exchange: TSE
  • Founded: 1950
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: JP¥11.132b
  • Shares outstanding: 30.75m
  • Website: https://www.akatsuki-fg.com

Number of Employees


Location

  • Akatsuki Corp.
  • 8-1, Nihonbashi-Kofunacho
  • Chuo-ku
  • Tokyo
  • Japan

Listings


Biography

Akatsuki Corp. operates in the real estate and securities businesses in Japan. It plans, designs, constructs, and regenerates used real estate properties, as well as sells renovated apartments. The company...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/17 08:01
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.