Who are Matsui Securities's main competitors?

Named competitors: SBI Securities (8473.T), Rakuten Securities (4755.T), Monex Group (8698.T). The cockpit's measured peer set (industry) also includes GoFintech Quantum Innovation (0290.HK), TOP Financial (TOP), AMTD IDEA Group Sponsored ADR (AMTD), Polaris Bay (600155.SS), IBF Financial (2889.TW), Nanhua Futures (603093.SS).

Is Matsui Securities expensive compared with its peers?

On forward p/e it trades at 11.9× against a peer median of 14.1×, 4th cheapest of 10 in its peer set.

How has Matsui Securities stock performed?

Over six months to 6 Nov 2026 the shares returned +7.4% against -12.8% for the median peer; over one year +30.6%.

← CockpitCompetitor Analysis › 8628.T Matsui Securities Co., Ltd.Open in the cockpit ↗

Matsui Securities Co., Ltd.8628.TCompetitor analysis, valuation and peers

Japan · JPY·Financials›Investment Banks/Brokers

Japanese online discount brokerage offering low-commission stock, margin and derivatives trading to retail investors.

≈ Japan's Charles Schwab / early E*TradeMomentum neutral 47

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.61B

US dollars, full cap

Free float

41%

of shares outstanding

$/day

$10.5M

20-day average traded

Fwd P/E

11.9×

forward earnings

ROIC−WACC

n/a

WACC 5.0%

Hurdle

n/a

no reverse DCF

Next earnings

83 days

28 Jan 2027

Close · JPY¥987

1D-4.9%

1W-6.9%

1M-12.8%

3M-4.4%

6M+7.4%

YTD+15.4%

1Y+30.6%

ATR %3.5%

52w lowhigh19.5% off high

What Matsui Securities does

Japanese online discount brokerage offering low-commission stock, margin and derivatives trading to retail investors.

Earns trading commissions and interest on margin loans from individual investors, using free commissions on small daily trades to attract customers and earning more from larger trades, margin and fund sales. Income rises and falls with activity on the Tokyo market, particularly among active day-traders.

In one line: Japan's Charles Schwab / early E*Trade.

Products and services

Online stock trading
Margin trading
Derivatives/FX trading

Customers

Retail individual investors

Where it sits in the supply chain

Financials
Online brokerage
Retail equity and margin trading

What could go right

Retail equity trading volumes
NISA account growth

What could go wrong

Brokerage fee competition/compression

Moat: narrow (brand, scale). Early online-brokerage brand recognition, but faces intense fee competition from larger rivals.

Headquarters: Tokyo, Japan · Founded: 1918 · Employees: 227

Named competitors

Matsui Securities at a glance

Size Matsui Securities (8628.T) is a Japan Financials company (Investment Banks/Brokers) with a market value of $1.61B, the 549th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥987 on 6 Nov 2026.

Performance Over six months the shares gained 7.4%, against -12.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue grew 46.9% over the last twelve months (peer median +15.0%); the operating margin is 47.2% (peer median 30.6%).

Valuation It trades at 11.9× forward earnings against a peer median of 14.1× (4th cheapest of 10).

Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Matsui Securities against the median of its 20 peers (local-currency closes).

Matsui Securities financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥62.8B	¥52.7B	¥39.2B	¥36.8B	¥31.1B
Revenue growth	—	+34%	+6%	+18%	—
Gross profit	¥53.8B	¥47.3B	¥34.6B	¥32.3B	¥26.1B
EBITDA	¥33.5B	¥29.3B	¥20.5B	¥18.7B	¥14.2B
Net income	¥19.4B	¥15.5B	¥10.5B	¥9.79B	¥7.82B
Free cash flow	n/a	¥109B	-¥114B	¥144B	¥7.45B
Capital expenditure	n/a	¥4.03B	¥3.67B	¥5.56B	¥3.46B
Total debt	¥432B	¥371B	¥314B	¥282B	¥230B

Quarterly statements and history in the cockpit →

Matsui Securities competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Matsui Securities is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Matsui Securities is the large dot.

Matsui Securities competitors and peer comparison

Head to head with its named competitors (8628.T vs 8473.T vs 4755.T vs 8698.T)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Matsui Securities 8628.T	$1.61B	+7%	+47%	47%	11.9×	n/a
SBI 8473.T	$11.2B	-13%	+20%	40%	5.9×	n/a
Rakuten 4755.T	$8.59B	-18%	+11%	6%	n/a	-2.0%
Monex 8698.T	$980M	-8%	+16%	21%	14.8×	n/a

How Matsui Securities compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Matsui Securities against its 20 peers (data as of 6 Nov 2026)
Measure	8628.T	Peer median	Rank in peer set
1-month return	-12.8%	-7.6%	6th lowest of 21
6-month return	+7.4%	-12.8%	3rd highest of 21
Distance from 52-week high	-19.5%	-34.2%	4th highest of 21
Revenue growth (TTM)	+46.9%	+15.0%	7th highest of 21
Operating margin	47.2%	30.6%	6th highest of 21
Forward P/E	11.9×	14.1×	4th cheapest of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Matsui Securities 8628.T	Japan	$1.61B	+7%	+47%	47%	11.9×	n/a	n/a
GoFintech Quantum Innovation 0290.HK	Hong Kong	$1.62B	-82%	+108%	26%	n/a	n/a	n/a
TOP Financial TOP	United States	$1.64B	+93%	-41%	-14%	n/a	n/a	n/a
AMTD IDEA Group Sponsored ADR AMTD	United States	$1.50B	-52%	+14%	27%	n/a	n/a	n/a
Polaris Bay 600155.SS	China	$1.74B	-14%	-4%	5%	38.6×	n/a	n/a
IBF Financial 2889.TW	Taiwan	$1.75B	+9%	+66%	58%	n/a	n/a	n/a
Nanhua Futures 603093.SS	China	$1.80B	-11%	-28%	47%	15.2×	n/a	n/a
Okasan Securities 8609.T	Japan	$1.33B	+5%	+36%	29%	n/a	n/a	n/a
Shanghai Chinafortune 600621.SS	China	$1.97B	-12%	-5%	25%	15.6×	n/a	n/a
JSW JSWHL.NS	India	$1.29B	-16%	+55%	94%	n/a	n/a	n/a
Bright Smart Securities & Commodities 1428.HK	Hong Kong	$1.28B	-51%	-2%	67%	14.9×	n/a	n/a
Nihon M&A Center 2127.T	Japan	$1.28B	-7%	+5%	36%	14.1×	n/a	n/a
Edelweiss Financial Services EDELWEISS.NS	India	$1.28B	+6%	+16%	11%	n/a	n/a	n/a
Capital Securities 6005.TW	Taiwan	$2.04B	-7%	+81%	46%	n/a	n/a	n/a
Metaplanet 3350.T	Japan	$2.05B	-27%	+290%	62%	n/a	n/a	n/a
Ruida Futures 002961.SZ	China	$1.22B	-21%	-51%	82%	10.6×	n/a	n/a
OSL 0863.HK	Hong Kong	$1.19B	-20%	+12,274%	-2%	n/a	n/a	n/a
Central China Securities 1375.HK	Hong Kong	$2.18B	-27%	+41%	33%	9.3×	n/a	n/a
IIFL Capital Services IIFLCAPS.NS	India	$1.17B	0%	+8%	25%	n/a	n/a	n/a
Tokai Tokyo Financial 8616.T	Japan	$1.14B	+2%	+16%	18%	12.5×	n/a	n/a
JM Financial JMFINANCIL.NS	India	$1.13B	-22%	+1%	32%	8.0×	n/a	n/a

Questions

Who are Matsui Securities's main competitors?: Named competitors: SBI Securities (8473.T), Rakuten Securities (4755.T), Monex Group (8698.T). The cockpit's measured peer set (industry) also includes GoFintech Quantum Innovation (0290.HK), TOP Financial (TOP), AMTD IDEA Group Sponsored ADR (AMTD), Polaris Bay (600155.SS), IBF Financial (2889.TW), Nanhua Futures (603093.SS).
Is Matsui Securities expensive compared with its peers?: On forward p/e it trades at 11.9× against a peer median of 14.1×, 4th cheapest of 10 in its peer set.
How has Matsui Securities stock performed?: Over six months to 6 Nov 2026 the shares returned +7.4% against -12.8% for the median peer; over one year +30.6%.