Prices as of 2026/10/30 close
Company comparison · Regional & Independent Brokers




Tokai Tokyo is the largest by revenue at ¥97.7B, followed by Okasan (¥95.6B), IwaiCosmo (¥32.3B) and Marusan Securities (¥21.7B).
IwaiCosmo has the highest operating margin at 40.3%, 25.2 points above the lowest, Tokai Tokyo (15.2%).
Revenue growth in the latest results: IwaiCosmo +25.3%, Okasan +16.7%, Marusan Securities +15.3%, Tokai Tokyo +13.2%.
Okasan pays the most on average (¥11.3M), ¥3.55M more than Marusan Securities (¥7.73M).
Over the past year the shares moved Okasan +47.8%, Tokai Tokyo +37.6%, IwaiCosmo +35.5%, Marusan Securities +25.9%.
Head-to-head wins15 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Okasan aheadTokai Tokyo 1 : Okasan 2 : IwaiCosmo 0 : Marusan Securities 0
Revenue: Tokai Tokyo ¥97.7B / Okasan ¥95.6B / IwaiCosmo ¥32.3B / Marusan Securities ¥21.7B
ProfitabilityInvestors
IwaiCosmo aheadTokai Tokyo 0 : Okasan 1 : IwaiCosmo 3 : Marusan Securities 0
Operating margin: Tokai Tokyo 15.2% / Okasan 19.6% / IwaiCosmo 40.3% / Marusan Securities 24.7%
GrowthInvestors
EvenTokai Tokyo 0 : Okasan 0 : IwaiCosmo 1 : Marusan Securities 1
Revenue growth (YoY): Tokai Tokyo +13.2% / Okasan +16.7% / IwaiCosmo +25.3% / Marusan Securities +15.3%
Stock & balance sheetInvestors
EvenTokai Tokyo 1 : Okasan 1 : IwaiCosmo 0 : Marusan Securities 1
Share price, 1 year: Tokai Tokyo +37.6% / Okasan +47.8% / IwaiCosmo +35.5% / Marusan Securities +25.9%
Pay & workforceJob seekers
Okasan aheadTokai Tokyo 1 : Okasan 2 : IwaiCosmo 0 : Marusan Securities 0
Average salary: Tokai Tokyo ¥7.90M / Okasan ¥11.3M / Marusan Securities ¥7.73M
| Metric | Tokai Tokyo | Okasan | IwaiCosmo | Marusan Securities |
|---|---|---|---|---|
| Revenue | ◎¥97.7B | ¥95.6B | ¥32.3B | ¥21.7B |
| Operating profit | ¥14.8B | ◎¥18.7B | ¥13.0B | ¥5.4B |
| Net income | ¥16.6B | ◎¥21.4B | ¥10.4B | ¥5.0B |
| Metric | Tokai Tokyo | Okasan | IwaiCosmo | Marusan Securities |
|---|---|---|---|---|
| Operating margin | 15.2% | 19.6% | ◎40.3% | 24.7% |
| Net margin | 17.0% | 22.3% | ◎32.4% | 23.1% |
| ROE | 8.8% | 9.7% | ◎14.7% | 10.1% |
| Revenue per employee | ¥630M | ◎¥1.4B | — | ¥19M |
| Metric | Tokai Tokyo | Okasan | IwaiCosmo | Marusan Securities |
|---|---|---|---|---|
| Revenue growth (YoY) | +13.2% | +16.7% | ◎+25.3% | +15.3% |
| Operating profit growth (YoY) | +26.2% | +45.9% | +50.4% | ◎+51.0% |
| Metric | Tokai Tokyo | Okasan | IwaiCosmo | Marusan Securities |
|---|---|---|---|---|
| Share price, 1 year | +37.6% | ◎+47.8% | +35.5% | +25.9% |
| Share price, 3 months | ◎−0.3% | −8.8% | −6.9% | −1.3% |
| P/E (trailing)lower = cheaper | 12.0x | 9.5x | 8.5x | 15.4x |
| Equity ratio | 13.7% | 16.5% | 34.9% | ◎58.1% |
| Share price (close) | ¥791 | ¥1,011 | ¥3,795 | ¥1,162 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Tokai Tokyo | Okasan | IwaiCosmo | Marusan Securities |
|---|---|---|---|---|
| Average salary | ¥7.90M | ◎¥11.3M | — | ¥7.73M |
| Starting salary (monthly) | ◎¥300,000 | — | — | ¥290,000 |
| Average tenure | 11.9 yrs | ◎14.9 yrs | — | 12.1 yrs |
| Average age | 38.9 | 45.0 | — | 35.5 |
| Employees | 155 | 67 | — | 1,130 |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥791+37.6% (1Y)
Tokai Tokyo +37.6% over 1Y. Compared: Okasan +47.8%, IwaiCosmo +35.5%, Marusan Securities +25.9%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Tokai Tokyo1 segments
IwaiCosmo3 segments
Marusan Securities1 segments
AAverage annual salary from the securities filings: Okasan ¥11.3M, Tokai Tokyo ¥7.90M, Marusan Securities ¥7.73M. Okasan pays the most. Averages also depend on staff age and job mix, so check the average age too (Tokai Tokyo 38.9, Okasan 45.0, Marusan Securities 35.5).
ARevenue in the latest results: Tokai Tokyo ¥97.7B, Okasan ¥95.6B, IwaiCosmo ¥32.3B, Marusan Securities ¥21.7B. Tokai Tokyo is the largest by revenue at ¥97.7B, followed by Okasan (¥95.6B), IwaiCosmo (¥32.3B) and Marusan Securities (¥21.7B).
AOperating margins: IwaiCosmo 40.3%, Marusan Securities 24.7%, Okasan 19.6%, Tokai Tokyo 15.2%. IwaiCosmo turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Okasan +47.8%, Tokai Tokyo +37.6%, IwaiCosmo +35.5%, Marusan Securities +25.9%. Okasan has risen the most.




Comparing 4 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.