Low Leverage / Strong Balance SheetVery low debt-to-equity supports financial resilience and strategic optionality. A strong equity ratio reduces bankruptcy risk, lowers financing costs, and enables funding for R&D, product development or selective M&A without stressing capital structure over the next several quarters.

High Gross Margin And Improving Operating MarginsSustained gross margin above 50% indicates durable product-level economics and pricing power in its niche. The shift from negative to positive EBIT/EBITDA margins shows operational leverage and cost control that can sustain profitability as revenue stabilizes or grows.

Stronger Cash GenerationOperating cash flow well above net income and a swing to positive free cash flow enhance internal funding capacity. Improved cash generation reduces reliance on external capital, supports reinvestment and stabilizes operations across the medium term despite prior losses.

Bears Say

Declining Revenue TrendMaterial and persistent revenue decline undermines scale and long-term competitiveness. Falling top-line shrinks the base for fixed-cost absorption, pressures margin recovery, and necessitates successful new product or market initiatives to reverse structural demand weakness.

Very Low Net Profitability And Weak ReturnsExtremely low net margin and minimal ROE indicate limited ability to turn revenue into shareholder returns. This constrains retained earnings for reinvestment and risks dilutive financing if growth requires external capital, challenging sustainable value creation.

Historical Cash Flow VolatilityDespite recent improvement, volatile cash flows reduce predictability for capex and working capital planning. This variability can increase funding costs, force precautionary liquidity buffers, and complicate multi-quarter investment decisions critical for durable growth.

3639 FAQ

What was Voltage Incorporation’s price range in the past 12 months?

Voltage Incorporation lowest stock price was ¥198.00 and its highest was ¥418.00 in the past 12 months.

What is Voltage Incorporation’s market cap?

Voltage Incorporation’s market cap is ¥1.60B.

When is Voltage Incorporation’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Voltage Incorporation’s earnings last quarter?

Currently, no data Available

Is Voltage Incorporation overvalued?

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

Does Voltage Incorporation pay dividends?

Voltage Incorporation pays a Notavailable dividend of ¥8 which represents an annual dividend yield of N/A. See more information on Voltage Incorporation dividends here

What is Voltage Incorporation’s EPS estimate?

Voltage Incorporation’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Voltage Incorporation have?

Voltage Incorporation has 6,578,975 shares outstanding.

What happened to Voltage Incorporation’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Voltage Incorporation?

Currently, no hedge funds are holding shares in JP:3639

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

Voltage Incorporation

Voltage Incorporation plans, designs, develops, produces, and operates mobile content in Japan and internationally. It also plans, manufactures, and sells event merchandise, videos, movies, and music using intellectual property content; and content using VR and AR technologies, as well as manages a digital comic book store, and produces and sells original label works. The company was founded in 1999 and is headquartered in Tokyo, Japan.