Morningstar Japan K.K. (4765) AI Stock Analysis

• Market Cap: €57.21B
• Dividend Yield: 3.43%
• Average Volume (3M): 175.98K
• Price to Earnings (P/E): 35.1
• Beta (1Y): 0.83
• Revenue Growth: 14.12%
• EPS Growth: 3.63%
• Country: JP
• Employees: 115
• Sector: Financial
• Sector Strength: 83
• Industry: Capital Markets
• EPS (TTM): 18.36
• Shares Outstanding: 89,673,600
• 10 Day Avg. Volume: 92,750
• 30 Day Avg. Volume: 175,976
• PEG Ratio: 9.66
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Morningstar Japan K.K. scores 68, driven by strong financial performance with robust revenue growth, profitability, and a stable balance sheet. Technical indicators show mixed signals, reflecting potential short-term weakness but long-term stability. The valuation is on the high side, suggesting the stock is priced for growth, but the attractive dividend yield provides some support. The lack of current TTM cash flow data is a notable limitation.

Morningstar Japan K.K. Business Overview & Revenue Model

Company Description

Morningstar Japan K. K. provides financial information services through its website, magazines, stock analysis report, and seminars.

How the Company Makes Money

Morningstar Japan K.K. generates revenue primarily through subscription and licensing fees for its investment research and data products. These services are utilized by financial institutions, asset managers, and retail investors who rely on Morningstar's independent analysis to make informed investment decisions. Additionally, the company earns income from its advisory services, helping clients with portfolio construction and investment strategies. Partnerships with financial institutions and investment platforms also contribute to its earnings, as these collaborations help expand the reach and application of Morningstar's data and insights in the Japanese market.

Morningstar Japan K.K. Financial Statement Overview

Summary

Strong financial performance with consistent revenue growth, robust profit margins, stable balance sheet with low leverage, and impressive historical cash flow generation. However, the absence of current TTM cash flow data poses a limitation.

Income Statement

The company demonstrated strong revenue growth with a TTM revenue increase of 10.63% compared to the previous annual period. Gross profit margin remains robust at 50.44% for TTM, indicating efficient cost management. The net profit margin is also healthy at 14.54%, reflecting solid profitability. EBIT and EBITDA margins of 20.05% and 27.73%, respectively, highlight strong operational performance. Overall, the income statement reflects growth and profitability strength.

Balance Sheet

The balance sheet shows a strong equity position with an equity ratio of 84.53% for TTM, indicating financial stability. The debt-to-equity ratio is low at 0.01, suggesting minimal leverage risk. However, the return on equity for TTM is moderate at 11.04%, indicating room for improvement in generating returns for shareholders. Overall, the company's financial health is stable with low leverage.

Cash Flow

Cash flow analysis indicates a strong free cash flow position with a significant increase in the previous year. However, the lack of reported TTM operating and free cash flow data limits the analysis. The free cash flow to net income ratio was substantial in the previous period, highlighting efficient cash generation relative to earnings. Overall, the cash flow statement reflects a strong past performance, but current TTM data is missing for a comprehensive evaluation.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
11.21B	10.14B	8.75B	8.12B	7.49B	6.81B
	Gross Profit
5.66B	5.22B	4.53B	4.47B	3.93B	3.52B
	EBIT
2.25B	2.11B	1.83B	2.13B	1.77B	1.54B
	EBITDA
3.11B	2.62B	8.69B	3.05B	2.69B	2.28B
	Net Income Common Stockholders
1.63B	1.59B	5.44B	1.45B	1.32B	1.23B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.48B	3.64B	2.14B	5.18B	4.90B	4.37B
	Total Assets
7.54B	18.63B	21.36B	14.06B	14.19B	12.39B
	Total Debt
0.00	216.57M	253.29M	69.09M	163.86M	2.00B
	Net Debt
-1.91B	-3.42B	-1.88B	-5.11B	-4.74B	-2.37B
	Total Liabilities
341.70M	2.52B	4.56B	1.78B	1.83B	3.28B
	Stockholders Equity
6.73B	15.96B	16.48B	11.80B	12.01B	8.91B
Cash Flow		Free Cash Flow
0.00	8.34B	2.27B	804.63M	1.49B	355.99M
	Operating Cash Flow
0.00	8.76B	2.61B	1.13B	2.10B	978.55M
	Investing Cash Flow
0.00	-5.49B	-3.47B	1.32B	-1.17B	-1.55B
	Financing Cash Flow
0.00	-2.15B	-1.89B	-2.15B	-391.30M	800.46M

Morningstar Japan K.K. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 638.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4765, the sentiment is Negative. The current price of 638 is above the 20-day moving average (MA) of 634.35, below the 50-day MA of 665.56, and above the 200-day MA of 631.16, indicating a neutral trend. The MACD of -6.84 indicates Negative momentum. The RSI at 47.28 is Neutral, neither overbought nor oversold. The STOCH value of 70.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4765.

Morningstar Japan K.K. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4765	68 Neutral	€57.21B	35.06	10.46%	3.43%	14.12%	3.63%
Sector *	63 Neutral	$12.32B	9.52	7.97%	79.23%	12.77%	-4.57%

Morningstar Japan K.K. Corporate Events

SBI Global Asset Management Reports Stable Financial Results for FY 2025

SBI Global Asset Management Co., Ltd. reported its consolidated financial results for the fiscal year ended March 31, 2025, showing an increase in net sales by 14.1% and a modest rise in net income attributable to owners of the parent by 3.6%. Despite a decline in comprehensive income by 11%, the company maintained a strong equity ratio of 83.5%. The results indicate a stable financial position, although the forecasts for the next fiscal year are yet to be determined, suggesting potential uncertainties in future performance.

SBI Global Asset Management Announces 16th Consecutive Year of Dividend Increases

SBI Global Asset Management Co., Ltd. announced a dividend increase for the 16th consecutive year, with a total annual dividend of 22 yen per share, reflecting a 2.3% increase from the previous year. This decision follows a record high in sales and profits for the fiscal year ending March 2025, underscoring the company’s commitment to delivering higher shareholder returns amid strong financial performance.

SBI Global Asset Management Announces Board Restructuring

SBI Global Asset Management Co., Ltd. announced changes in its board of directors and auditors, proposing new candidates at the upcoming Annual General Meeting. The restructuring aims to enhance corporate governance with a significant presence of independent outside officers, indicating a strategic move to strengthen oversight and align with market standards.

SBI Global Asset Management Reports Nine-Month Financial Results

SBI Global Asset Management Co., Ltd. reported its consolidated financial results for the nine months ending December 31, 2024. The company saw increases in net sales, operating profit, and profit attributable to owners of the parent compared to the previous year. However, the comprehensive income decreased significantly by 31.1%. The financial position showed a slight decline in total assets and equity ratio compared to March 2024, while the company’s dividend forecast remains undetermined.