Low Leverage / Strong Balance SheetThe extremely low debt-to-equity ratio indicates financial resilience and low refinancing risk. A strong equity position improves the company's ability to fund product development, absorb industry cyclicality, and pursue strategic investments over the next several months without reliance on external debt markets.

High Gross Margin And Improving Operating MarginsA 52% gross margin and a recovery to positive EBIT/EBITDA margins indicate durable product-level profitability and operational fixes. If sustained, these margins provide room to invest in growth, support pricing flexibility against competition, and help the company reach sustainable net profitability over a multi-quarter horizon.

Material Improvement In Cash GenerationA big swing to positive free cash flow and OCF that is over three times net income signal stronger cash quality. Reliable cash generation reduces financing needs, enables reinvestment or opportunistic M&A, and improves resilience to short-term revenue volatility across the coming months.

Bears Say

Declining Revenue TrendSustained revenue declines undermine scale economics and constrain the payoff from fixed-cost absorption. Continued top-line contraction makes it harder to leverage margins, fund R&D or marketing, and may force difficult trade-offs between margin preservation and growth investment over the next several quarters.

Very Low Net Profitability And ReturnsExtremely low net margin and ROE reflect weak conversion of sales into shareholder returns. Even with operational margin recovery, such low profitability limits the company's capacity to self-fund growth, reward shareholders, or absorb shocks without materially changing cost structure or achieving stronger revenue execution.

Volatile Cash Flows And Steep EPS DeclineLarge negative EPS growth and documented cash-flow volatility reduce predictability of earnings and capital planning. That volatility raises execution risk for strategic initiatives and increases the chance management will need external capital or to cut discretionary spending, impairing long-term consistency.

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 ¥1.59B.

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 6,602,675 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.