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KAYAC, Inc. (JP:3904)
:3904
Japanese Market
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KAYAC, Inc. (3904) Price & Analysis

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3904 Stock Chart & Stats

¥411.00
-¥5.00(-1.21%)
At close: 4:00 PM EDT
¥411.00
-¥5.00(-1.21%)

Bulls Say, Bears Say

Bulls Say
Revenue Recovery2025's 12.6% revenue rebound shows the business can restore top-line growth after 2024 weakness. Durable demand and improved execution reduce medium‑term revenue risk, enabling scale benefits and providing a foundation for sustained margin recovery and reinvestment over 2–6 months.
Stable Gross MarginsConsistent gross margins around 53–54% indicate structural product pricing or cost advantages in core offerings. That stability supports operating leverage as sales recover, helping preserve profitability and cash generation potential even if operating expenses vary in the medium term.
Manageable Leverage & Improving ROELeverage that remains modest (~0.56x) combined with equity growth and a rising ROE (~11.8%) signals improving balance-sheet resilience. This provides financial flexibility for investment or strategic moves and a stronger cushion against cyclical shocks over the next several months.
Bears Say
Inconsistent Cash ConversionFCF covering roughly 50% of net income in 2025 after negative cash flow in 2024 highlights volatile cash conversion. That inconsistency undermines the reliability of internal funding for capex, dividends or M&A, elevating liquidity and refinancing risk if volatility persists.
Margins Below Historical PeaksAlthough net margin improved versus 2024, it remains materially below prior peak years. This suggests earnings are still sensitive to cost pressure and revenue mix, limiting sustainable profitability and free cash flow generation until structural margin drivers are restored.
Rising Debt Vs 2023The increase in debt versus 2023 reduces the conservatism of the balance sheet. Even if leverage is manageable today, the trend raises exposure to interest and cyclical stress, constraining strategic optionality if cash flow remains uneven over the medium term.

3904 FAQ

What was KAYAC, Inc.’s price range in the past 12 months?
KAYAC, Inc. lowest stock price was ¥374.00 and its highest was ¥606.00 in the past 12 months.
    What is KAYAC, Inc.’s market cap?
    KAYAC, Inc.’s market cap is ¥6.60B.
      When is KAYAC, Inc.’s upcoming earnings report date?
      KAYAC, Inc.’s upcoming earnings report date is Aug 14, 2026 which is in 12 days.
        How were KAYAC, Inc.’s earnings last quarter?
        KAYAC, Inc. released its earnings results on May 14, 2026. The company reported ¥12.02 earnings per share for the quarter, beating the consensus estimate of N/A by ¥12.02.
          Is KAYAC, Inc. overvalued?
          According to Wall Street analysts KAYAC, Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does KAYAC, Inc. pay dividends?
            KAYAC, Inc. pays a Annually dividend of ¥3.9 which represents an annual dividend yield of 0.94%. See more information on KAYAC, Inc. dividends here
              What is KAYAC, Inc.’s EPS estimate?
              KAYAC, Inc.’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does KAYAC, Inc. have?
              KAYAC, Inc. has 16,108,800 shares outstanding.
                What happened to KAYAC, Inc.’s price movement after its last earnings report?
                KAYAC, Inc. reported an EPS of ¥12.02 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 2.975%.
                  Which hedge fund is a major shareholder of KAYAC, Inc.?
                  Currently, no hedge funds are holding shares in JP:3904
                  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

                    KAYAC, Inc.

                    KAYAC Inc. is a Japanese company primarily focused on the gaming industry. It manages various platforms, including Lobi, a community for gamers, and Tonamel, a system that assists organizers with managing tournaments. The company also supports esports through its Well Played brand, providing services such as event planning, management, distribution, and production. In addition to its gaming ventures, KAYAC offers Pla-cole, a matching service connecting couples with wedding planners, alongside other diverse services encompassing home funerals, real estate, and trading. The company was founded in 1998 and is headquartered in Kamakura, Japan.

                    KAYAC, Inc. (3904) Earnings & Revenues

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