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CROOZ, Inc. (JP:2138)
:2138
Japanese Market
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CROOZ, Inc. (2138) AI Stock Analysis

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JP:2138

CROOZ, Inc.

(2138)

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Neutral 41 (OpenAI - 5.2)
Rating:41Neutral
Price Target:
¥444.00
▼(-19.57% Downside)
Action:Reiterated
Date:07/07/26
The score is driven primarily by weak financial performance: recent net losses, declining revenue, negative free cash flow, and rising leverage. Technical indicators also point to a continuing downtrend (price below key moving averages and negative MACD), while valuation provides limited support due to a negative P/E and no dividend yield data.
Positive Factors
EBITDA recovery
EBITDA returning to positive in 2026 indicates core operations can generate operating-level profits before non-cash and financing items. This provides a durable foundation to stabilize margins, support working-capital needs, and improve debt servicing capacity if sustained over coming quarters.
Negative Factors
Sustained revenue decline
Consecutive revenue contractions erode operating leverage and limit the company's ability to spread fixed costs. Over months, declining top-line momentum makes reinvestment and scale economics harder to achieve, complicating recovery plans and increasing reliance on cost cuts or external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
EBITDA recovery
EBITDA returning to positive in 2026 indicates core operations can generate operating-level profits before non-cash and financing items. This provides a durable foundation to stabilize margins, support working-capital needs, and improve debt servicing capacity if sustained over coming quarters.
Read all positive factors

CROOZ, Inc. (2138) vs. iShares MSCI Japan ETF (EWJ)

CROOZ, Inc. Business Overview & Revenue Model

Company Description
CROOZ, Inc. is a diversified enterprise operating across multiple sectors, including e-commerce, media and advertising, gaming, and financial investments. In the e-commerce realm, the company is responsible for conceptualizing, developing, and man...
How the Company Makes Money
Publicly verifiable, specific breakdowns of CROOZ, Inc.’s (2138) current revenue model (e.g., exact business segment names, material revenue streams, pricing mechanics, and major partnerships) are not available in the information provided here. null...

CROOZ, Inc. Financial Statement Overview

Summary
Financials are weak: the company shifted from profitability in 2024 to net losses in 2025–2026, revenue declined (including a sharp drop in 2026), and free cash flow has been negative for two consecutive years. Leverage has increased as debt rose while equity fell, reducing flexibility while operating cash flow remains pressured, despite EBITDA turning positive again in 2026.
Income Statement
34
Negative
Balance Sheet
44
Neutral
Cash Flow
26
Negative
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue11.82B14.19B14.27B14.00B15.48B
Gross Profit6.14B6.17B6.70B6.28B6.90B
EBITDA256.18M-759.40M393.34M856.45M1.50B
Net Income-470.53M-530.40M1.01B254.88M310.44M
Balance Sheet
Total Assets30.80B29.53B27.08B25.41B25.09B
Cash, Cash Equivalents and Short-Term Investments6.57B10.10B12.86B14.31B13.77B
Total Debt19.36B17.11B11.88B10.75B11.10B
Total Liabilities21.94B20.20B16.28B15.44B15.44B
Stockholders Equity8.75B9.20B10.66B9.80B9.39B
Cash Flow
Free Cash Flow-219.88M-835.03M187.66M1.66B941.22M
Operating Cash Flow3.39M-776.06M222.82M1.67B1.16B
Investing Cash Flow-7.77B-6.59B-2.24B-776.76M-1.47B
Financing Cash Flow2.22B4.63B563.50M-354.12M-692.96M

CROOZ, Inc. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price552.00
Price Trends
50DMA
441.82
Positive
100DMA
486.48
Negative
200DMA
531.91
Negative
Market Momentum
MACD
9.43
Negative
RSI
60.84
Neutral
STOCH
79.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2138, the sentiment is Neutral. The current price of 552 is above the 20-day moving average (MA) of 445.55, above the 50-day MA of 441.82, and above the 200-day MA of 531.91, indicating a neutral trend. The MACD of 9.43 indicates Negative momentum. The RSI at 60.84 is Neutral, neither overbought nor oversold. The STOCH value of 79.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2138.

CROOZ, Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
82
Outperform
¥45.84B19.33
64
Neutral
¥35.97B17.371.64%32.07%349.54%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
59
Neutral
¥16.17B22.2315.58%
53
Neutral
¥8.58B-802.223.48%5.62%-114.23%
45
Neutral
¥34.38B31.4318.09%-50.60%
41
Neutral
¥5.17B-9.31-16.71%7.48%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:2138
CROOZ, Inc.
458.00
-240.00
-34.38%
JP:4477
BASE, Inc.
305.00
-92.13
-23.20%
JP:5027
AnyMind Group Inc.
557.00
-14.18
-2.48%
JP:6047
Gunosy, Inc.
361.00
-293.84
-44.87%
JP:9553
MicroAd, Inc.
615.00
82.00
15.38%
JP:299A
dely inc.
1,164.00
-721.00
-38.25%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 07, 2026