High Gross Profit MarginA gross margin above 53% reflects durable pricing power from curated, rare collectibles and low direct cost base of recommerce. This margin cushion supports reinvestment in inventory, marketing and omnichannel operations, helping sustain profitability despite operational headwinds.

Consistent Revenue GrowthSteady mid-single-digit revenue growth demonstrates resilient demand for Japanese pop‑culture collectibles across physical stores and e‑commerce. Diversified channels and international buyer exposure provide a durable revenue base that supports scale and inventory turnover over the next several months.

Improved LeverageA lower debt-to-equity ratio signals reduced financial risk and greater balance sheet flexibility. Improved leverage gives management capacity to fund inventory purchases, invest in e‑commerce or weather demand cyclicality without immediate reliance on external financing.

Bears Say

Weak Free Cash FlowNegative and declining free cash flow indicates the business is generating less cash from operations than accounting earnings, limiting internal funding for inventory, capex or strategic initiatives. Persistent weak FCF raises financing and liquidity risks over a multi‑month horizon.

Compressing Operating MarginsDeclining EBIT/EBITDA and a lower net margin to 7.39% suggest rising operating costs or margin pressure from pricing or mix shifts. Reduced margin sustainability weakens earnings resilience and magnifies the impact of any revenue slowdowns on profitability.

Lower Return On EquityA falling ROE signals deteriorating capital efficiency: the company is generating less profit per unit of shareholder equity. Over time this can constrain organic growth, reduce reinvestment capacity, and increase dependence on external funding or dilution to finance expansion.

2652 FAQ

What was Mandarake Inc.’s price range in the past 12 months?

Mandarake Inc. lowest stock price was ¥260.00 and its highest was ¥396.00 in the past 12 months.

What is Mandarake Inc.’s market cap?

Mandarake Inc.’s market cap is ¥13.44B.

When is Mandarake Inc.’s upcoming earnings report date?

Mandarake Inc.’s upcoming earnings report date is May 14, 2026 which is in 84 days.

How were Mandarake Inc.’s earnings last quarter?

Mandarake Inc. released its earnings results on Feb 13, 2026. The company reported ¥10.88 earnings per share for the quarter, beating the consensus estimate of N/A by ¥10.88.

Is Mandarake Inc. overvalued?

According to Wall Street analysts Mandarake Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Mandarake Inc. pay dividends?

Mandarake Inc. pays a Annually dividend of ¥1 which represents an annual dividend yield of 0.3%. See more information on Mandarake Inc. dividends here

What is Mandarake Inc.’s EPS estimate?

Mandarake Inc.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Mandarake Inc. have?

Mandarake Inc. has 36,180,000 shares outstanding.

What happened to Mandarake Inc.’s price movement after its last earnings report?

Mandarake Inc. reported an EPS of ¥10.88 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Mandarake Inc.?

Currently, no hedge funds are holding shares in JP:2652

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Mandarake Inc.

Mandarake Inc. operates and manages old books and antique stores in Japan. It provides newest to vintage items, including, toys, dolls, games, subcultures, art books, doujinshi, etc. It also edits and sells publications. The company sells its products through stores, as well as online. Mandarake Inc. was founded in 1980 and is headquartered in Tokyo, Japan.