Ai Partners Financial Inc.
7345・Growth Market・Other Financing Business
Financial Services Business through IFAs (Single Segment)
A single-segment company whose sole business is the financial instruments intermediary service provided through IFAs.
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (Consolidated, Full Year) | ¥4,584 million (FY2026, ending March 2026) | ¥3,797 million (FY2025, ended March 2025) | ↑ |
| Operating Income (Consolidated, Full Year) | ¥110 million (FY2026, ending March 2026) | -¥2 million (FY2025, ended March 2025) | ↑ |
| Ordinary Income (Consolidated, Full Year) | ¥112 million (FY2026, ending March 2026) | -¥3 million (FY2025, ended March 2025) | ↑ |
| Profit Attributable to Owners of Parent (Consolidated, Full Year) | ¥90 million (FY2026, ending March 2026) | -¥10 million (FY2025, ended March 2025) | ↑ |
| Intermediated Asset Balance / AUM (Period End) | ¥429,738 million (end of FY2026, ending March 2026) | ¥346,938 million (end of FY2025, ended March 2025) | ↑ |
| Number of Affiliated IFAs (Period End) | 214 (end of FY2026, ending March 2026) | 211 (end of FY2025, ended March 2025) | ↑ |
| AUM per IFA (Period End) | ¥2,008 million (end of FY2026, ending March 2026) | ¥1,644 million (end of FY2025, ended March 2025) | ↑ |
| Total Number of Accounts in Financial Instruments Intermediary Business (Period End) | 18,229 accounts (end of FY2026, ending March 2026) | 17,030 accounts (end of FY2025, ended March 2025) | ↑ |
| Operating Margin | 2.4% (FY2026, ending March 2026) | -0.1% (FY2025, ended March 2025) | ↑ |
| Earnings Per Share (EPS) | ¥27.53 (FY2026, ending March 2026) | -¥3.01 (FY2025, ended March 2025) | ↑ |
| Book Value Per Share (BPS) | ¥218.44 (end of FY2026, ending March 2026) | ¥192.76 (end of FY2025, ended March 2025) | ↑ |
| Equity Ratio | 54.0% (end of FY2026, ending March 2026) | 63.0% (end of FY2025, ended March 2025) | ↓ |
Business Details
A financial instruments intermediary that provides a business platform to IFAs (Independent Financial Advisors) who offer asset management advice to clients from an independent and neutral standpoint. The company has entered into business commission agreements with multiple securities firms, including Rakuten Securities and SBI Securities, and operates IFA offices nationwide. Its revenue structure involves paying IFAs a fixed proportion of the commissions received from securities firms. In FY2026 (ending March 2026), the company withdrew from the insurance agency business conducted by a consolidated subsidiary, concentrating management resources on its core financial instruments intermediary business.
Recent Overview
Revenue rose 20.7% and the company achieved a turnaround to operating profit, while AUM expanded 23.9% year on year to ¥429,738 million.
In FY2026 (ending March 2026), supported by a favorable market environment in which the Nikkei Average rose 43.4% from the end of the prior fiscal year, the company achieved revenue of ¥4,584 million (up 20.7% year on year) and operating income of ¥110 million (versus an operating loss of ¥2 million in the prior fiscal year), marking a turnaround to profitability. Key KPIs improved across the board: AUM reached ¥429,738 million (up 23.9% from the end of the prior fiscal year), the number of affiliated IFAs rose to 214 (up 3), and the total number of accounts increased to 18,229 (up 7.0%). Meanwhile, the company decided to withdraw from the insurance agency business conducted by a consolidated subsidiary as of the end of March 2026, concentrating management resources on its core financial instruments intermediary business. It is also noted that a change in the estimate of asset retirement obligations (an increase of approximately ¥11 million) reduced operating income by approximately ¥10 million.
Key Products
Growth Drivers
- Expanding demand for personal asset formation driven by the government's promotion of its "Plan for Realizing a Nation Built on Asset Management"
- Increase in stock-type commissions (revenue linked to trust fees) driven by the continued expansion of intermediated asset balances (AUM)
- Increase in the number of affiliated IFAs and improvement in AUM per IFA (AUM per IFA of ¥2,008 million at the end of FY2026, ending March 2026)
- Creation of synergies through the comprehensive business alliance with major insurance agency FK Co., Ltd.
- Efficiency and productivity improvements in routine and administrative tasks through the introduction of AI technology
- Business expansion through accelerated business alliances and M&A, and concentration on the core business following withdrawal from the insurance agency business
Risks
- Risk of significant fluctuations in commission income due to volatility in stock and foreign exchange markets (market dependence so high that disclosing earnings forecasts is difficult)
- Risk of revenue concentration with Rakuten Securities (a revenue structure highly dependent on a specific securities firm)
- Risk of revenue fluctuation due to changes in the number of IFAs (IFAs are sole proprietors, and there is a risk of attrition)
- Risk of increased costs from stricter regulation of the financial instruments intermediary business and enhancement of management systems
- Instability in financial markets due to geopolitical risks such as Trump-era tariffs and Middle East tensions, or changes in the domestic political landscape
- Risk of impact on profit from changes in accounting estimates, such as for asset retirement obligations
Last updated: June 24, 2026