Fantasista Co.,Ltd (1783) AI Stock Analysis

• Market Cap: ¥10.84B
• Dividend Yield: N/A
• Average Volume (3M): 706.79K
• Price to Earnings (P/E): 33.1
• Beta (1Y): 0.69
• Revenue Growth: 7.00%
• EPS Growth: -182.47%
• Country: JP
• Employees: 29
• Sector: Real Estate
• Sector Strength: 53
• Industry: Engineering & Construction
• EPS (TTM): 0.46
• Shares Outstanding: 172,042,850
• 10 Day Avg. Volume: 522,120
• 30 Day Avg. Volume: 706,786
• PEG Ratio: 0.19
• Price to Book (P/B): 1.55
• Price to Sales (P/S): 1.05
• P/FCF Ratio: 4.69
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: ¥65.00 ▲(6.56% Upside)
• Action: Reiterated Date: 02/25/26
• Date: Action: Reiterated 02/25/26

The score is held back primarily by weak fundamentals (declining revenue and negative profitability), partially offset by improved leverage and better cash flow coverage. Technicals are constructive with price above major moving averages and a positive MACD, but overbought readings increase near-term risk. Valuation is pressured by losses (negative P/E) and the absence of a dividend yield.

Positive Factors

Improved Leverage

A lower debt-to-equity ratio (0.39) meaningfully improves financial flexibility and reduces fixed financing burden. Over the next 2–6 months this durable capital structure gives management room to fund operations, withstand revenue volatility, and pursue selective investments without heavy refinancing risk.

Stronger Cash Generation

Positive operating cash flow and an FCF/net income ratio of 0.85 indicate improved cash conversion and coverage. Durable cash generation supports working capital, modest capex, and reduces reliance on external funding, helping the business navigate periods of weak profitability or top-line softness.

Stable Capital Base

A stable equity ratio reflects a resilient capital base despite earnings weakness. This structural strength supports credit access and lowers solvency risk over months, enabling the company to maintain operations, preserve strategic optionality, and avoid forced deleveraging during revenue recovery cycles.

Negative Factors

Declining Revenue

Sustained top-line decline (-13.71% last year) erodes operating scale and long-term profitability. Over several months this reduces leverage to cover fixed costs, limits reinvestment in product or bidding capability, and signals demand or competitive pressure that could persist without strategic changes.

Negative Returns

Negative ROE and net margins show the company is not generating shareholder returns from current capital or operations. This structural profitability shortfall restricts retained earnings growth, weakens reinvestment capacity, and makes sustained improvement dependent on operational fixes or a meaningful sales rebound.

Margin Compression

Declining gross margin and low EBIT/EBITDA margins point to persistent cost or pricing pressures and weak operational leverage. Over the medium term this compresses free cash generation potential and increases reliance on balance sheet adjustments to fund growth or absorb shocks unless cost structure is improved.

Fantasista Co.,Ltd Business Overview & Revenue Model

Company Description

Fantasista Co., Ltd. engages in the real estate business in Japan. The company is involved in the ownership, use, purchase, sale, rental, brokerage, management, and operation of real estate; buying, selling, management, and holding of securities and securities related to the liquidation of assets, such as real estate and receivables, as well as consulting services; and planning, research, construction, design consulting services related to urban development and planning. It also offers consulting services related to real estate investment and management; Sokugai.jp, a real estate matching site; and Re:Camp premium service, an after-sales support. In addition, the company imports, manufactures, and sells health foods and health-related equipment; imports and sells cosmetics, supplements, pharmaceuticals, feed related products, and miscellaneous goods; and is involved in real estate and energy related business. The company was formerly known as Asia Gate Holdings Co., Ltd. and changed its name to Fantasista Co., Ltd. in December 2023. Fantasista Co., Ltd. was incorporated in 1950 and is headquartered in Tokyo, Japan.

Fantasista Co.,Ltd Financial Statement Overview

Summary

Weak profitability and growth (revenue -13.71%, net margin -2.81%, declining gross margin) weigh on results, but leverage has improved (debt-to-equity 0.39) and cash generation is healthier (positive operating cash flow; operating cash flow to net income ratio above 1; FCF to net income 0.85).

Income Statement

Fantasista Co., Ltd has experienced a decline in revenue growth, with a negative growth rate of -13.71% in the latest year. The company also reported a negative net profit margin of -2.81%, indicating a loss. Gross profit margin has decreased significantly from previous years, showing reduced efficiency in cost management. The EBIT and EBITDA margins are also low, reflecting challenges in operational profitability.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.39, indicating better leverage management compared to previous years. However, the return on equity is negative at -4.16%, suggesting inefficiencies in generating returns for shareholders. The equity ratio remains stable, showing a solid capital structure despite profitability challenges.

Cash Flow

Fantasista Co., Ltd has shown improvement in cash flow management, with a positive operating cash flow and a free cash flow to net income ratio of 0.85. This indicates better cash generation relative to net income, although the free cash flow growth rate is not available for the latest year. The operating cash flow to net income ratio is above 1, suggesting adequate cash flow coverage.

Breakdown	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	9.42B	8.81B	10.59B	5.03B	6.89B
Gross Profit	1.56B	2.25B	3.05B	1.79B	1.73B
EBITDA	405.42M	1.15B	1.86B	-266.52M	-678.76M
Net Income	-264.55M	290.56M	1.05B	-803.64M	-977.22M
Balance Sheet
Total Assets	9.24B	14.22B	7.55B	7.48B	5.29B
Cash, Cash Equivalents and Short-Term Investments	1.78B	2.97B	2.76B	1.76B	2.09B
Total Debt	2.50B	5.15B	409.40M	1.18B	1.19B
Total Liabilities	2.86B	7.60B	1.14B	2.25B	1.92B
Stockholders Equity	6.38B	6.62B	6.40B	5.23B	3.37B
Cash Flow
Free Cash Flow	2.10B	-4.83B	1.66B	-2.06B	4.23B
Operating Cash Flow	2.46B	-3.98B	1.73B	-2.04B	4.30B
Investing Cash Flow	-1.03B	-706.44M	-230.35M	-1.42B	1.06B
Financing Cash Flow	-2.65B	4.77B	-655.52M	3.11B	-3.74B

Fantasista Co.,Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 61.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1783, the sentiment is Neutral. The current price of 61 is below the 20-day moving average (MA) of 67.15, below the 50-day MA of 65.36, and above the 200-day MA of 59.38, indicating a neutral trend. The MACD of -0.42 indicates Positive momentum. The RSI at 43.52 is Neutral, neither overbought nor oversold. The STOCH value of 37.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:1783.

Fantasista Co.,Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
369A	72 Outperform	¥10.18B	20.97	―	1.45%	―	―
1853	68 Neutral	¥11.04B	9.54	―	4.35%	-7.40%	60.55%
1768	66 Neutral	¥10.54B	6.31	―	2.16%	24.11%	1644.12%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
1433	64 Neutral	¥10.82B	14.46	―	2.00%	-5.00%	77.99%
1844	62 Neutral	¥11.25B	11.79	―	2.74%	4.36%	17.63%
1783	55 Neutral	¥10.84B	33.12	―	―	7.00%	-182.47%