MAMEZO DIGITAL HOLDINGS CO.,LTD. (202A) AI Stock Analysis

• Market Cap: ¥59.55B
• Dividend Yield: 2.74%
• Average Volume (3M): 237.90K
• Price to Earnings (P/E): 37.2
• Beta (1Y): 0.82
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: JP
• Employees: 808
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 26.33
• Shares Outstanding: 16,050,000
• 10 Day Avg. Volume: 285,520
• 30 Day Avg. Volume: 237,900
• PEG Ratio: 0.63
• Price to Book (P/B): 6.19
• Price to Sales (P/S): 2.00
• P/FCF Ratio: 16.60
• 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: 80 Outperform
• Price Target: ¥4,111.00 ▲(16.46% Upside)

The score is driven primarily by strong financial quality (healthy margins, very low leverage, and solid cash conversion) and supportive technicals with the stock trading above key moving averages. These positives are tempered by a relatively high valuation (P/E ~35.4), despite a moderate dividend yield.

Positive Factors

Strong Profitability

High profitability margins indicate efficient operations and strong pricing power, supporting long-term financial health and competitive positioning.

Conservative Balance Sheet

Minimal leverage enhances financial stability and flexibility, allowing the company to invest in growth opportunities without significant financial risk.

Cash Generation

Strong cash flow generation supports ongoing operations, investment in growth, and potential shareholder returns, underpinning long-term business sustainability.

Negative Factors

Moderate Revenue Growth

Despite recent acceleration, overall revenue growth remains modest, which could limit market expansion and competitive positioning over the long term.

Margin Variability

Fluctuating margins can indicate operational inefficiencies or pricing pressures, potentially impacting profitability and financial predictability.

Subsidiary Merger Impact

The merger and transition to non-consolidated statements may complicate financial reporting and obscure operational performance, affecting transparency and investor confidence.

MAMEZO DIGITAL HOLDINGS CO.,LTD. Business Overview & Revenue Model

Company Description

Mamezo Digital Holdings Co., Ltd. provides IT solutions in Japan. It offers cloud, digital, robotics, and education solutions. The company also develops control systems and devices in digital fields, such as automated driving; IoT devices; data analytics platforms; AI support systems; ERP peripheral systems; and support for system overhauls, as well as constructs simulation environments for product validation. In addition, it provides ERP installation and consulting with a focus on Microsoft Dynamics 365 and SAP; Microsoft Dynamics 365 technician and user training services; AI-based robot installation support services; digital strategy planning services; and personnel training services with practical skills in development technologies, DX, and AI. The company was founded in 1999 and is based in Shinjuku, Japan. Mamezo Digital Holdings Co., Ltd. operates as a subsidiary of Mamezou K2TOP Holdings Corporation.

How the Company Makes Money

MAMEZO DIGITAL HOLDINGS CO., LTD. generates revenue through a variety of channels within the digital solutions sector. The company earns money by offering subscription-based services for its cloud computing platforms, which provide scalable and secure infrastructure solutions to businesses. Additionally, it charges fees for digital marketing services aimed at increasing clients' online presence and customer reach. IT consulting services also contribute to the company's income, where it provides strategic guidance and technical support to organizations undergoing digital transformations. The company's earnings are further bolstered by strategic partnerships with technology providers and industry leaders, enabling it to offer comprehensive solutions and expand its market presence.

MAMEZO DIGITAL HOLDINGS CO.,LTD. Financial Statement Overview

Summary

MAMEZO DIGITAL HOLDINGS CO.,LTD. shows strong financial health with growing revenue, stable profit margins, and a solid balance sheet with no debt. Despite a slight decline in free cash flow, the company maintains effective cost management and efficient cash conversion.

Income Statement

MAMEZO DIGITAL HOLDINGS CO.,LTD. demonstrates strong financial performance with consistent revenue growth, reflected in a 8.2% increase in total revenue from the previous year. The gross profit margin is stable at 33.2%, indicating good control over cost of goods sold. The net profit margin is also healthy at 12.1%, showcasing effective cost management, although slightly lower than the previous year's 12.5%. EBIT and EBITDA margins are robust at 18.8% and 18.5%, respectively, indicating strong operating efficiency.

Balance Sheet

The company maintains a very solid balance sheet with no debt, resulting in a debt-to-equity ratio of 0. The equity ratio is strong at 63.8%, demonstrating high asset financing through equity. Return on equity is solid at 51.2%, indicating efficient use of shareholders' funds. The reduction in total assets and equity from the previous year suggests a restructuring or strategic asset realignment.

Cash Flow

The cash flow statement shows a slight decline in free cash flow by 8.1% over the year, mainly due to lower operating cash flow. However, the operating cash flow to net income ratio is high at 1.0, suggesting strong cash generation relative to income. The free cash flow to net income ratio remains robust at 0.71, indicating good conversion of profits to cash flow, despite the decrease in absolute free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.72B	10.55B	9.59B	8.86B	8.17B
Gross Profit	3.60B	3.54B	3.18B	2.88B	2.38B
EBITDA	2.15B	2.12B	1.77B	1.66B	1.40B
Net Income	1.46B	1.43B	1.16B	1.10B	1.13B
Balance Sheet
Total Assets	4.46B	4.71B	3.54B	4.61B	3.42B
Cash, Cash Equivalents and Short-Term Investments	1.43B	1.83B	828.37M	39.39M	468.96M
Total Debt	302.72M	102.89M	0.00	0.00	10.32M
Total Liabilities	1.65B	1.30B	1.28B	1.22B	1.02B
Stockholders Equity	2.81B	3.41B	2.26B	3.39B	2.40B
Cash Flow
Free Cash Flow	0.00	1.27B	819.23M	891.40M	385.37M
Operating Cash Flow	0.00	1.37B	1.15B	1.24B	587.77M
Investing Cash Flow	0.00	-180.24M	1.92B	-1.54B	-1.15B
Financing Cash Flow	0.00	-187.01M	-2.29B	-126.32M	-26.75M

MAMEZO DIGITAL HOLDINGS CO.,LTD. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3530.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:202A, the sentiment is Positive. The current price of 3530 is above the 20-day moving average (MA) of 3426.50, above the 50-day MA of 3234.90, and above the 200-day MA of 2040.05, indicating a bullish trend. The MACD of 126.00 indicates Negative momentum. The RSI at 57.68 is Neutral, neither overbought nor oversold. The STOCH value of 80.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:202A.

MAMEZO DIGITAL HOLDINGS CO.,LTD. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
202A	80 Outperform	¥59.55B	37.23	―	2.74%	―	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
3908	60 Neutral	¥1.42B	9.98	―	―	-10.98%	―
3803	56 Neutral	¥1.08B	-4.99	―	―	39.34%	-765.51%
4316	54 Neutral	¥3.98B	-20.19	―	―	11.96%	-453.36%
3634	44 Neutral	¥1.62B	-34.47	―	0.42%	6.81%	62.28%

MAMEZO DIGITAL HOLDINGS CO.,LTD. Corporate Events

Mamezo Co., Ltd. Reports Strong Financial Growth and Announces Subsidiary Merger

Mamezo Co., Ltd. reported a significant increase in its financial performance for the six months ending September 30, 2025, with net sales and profits showing notable year-on-year growth. The company plans to merge its three wholly-owned subsidiaries and transition to non-consolidated financial statements, which is expected to impact its future financial reporting and operations.