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CROOZ, Inc.
(2138)
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Rating:41Neutral
Price Target:
¥341.00
▼(-38.22% Downside)
Action:Reiterated
Date:06/26/26
The score is primarily held back by weak financial performance (recent losses, declining revenue, negative/weak operating and free cash flow, and rising leverage) and bearish technicals (price far below key moving averages with very weak momentum). Valuation does not provide clear support due to the negative P/E and missing dividend yield.
Positive Factors
Diversified revenue streams
CROOZ's dual business model — mobile games (in‑app purchases, subscriptions, ads) plus e‑commerce (transaction fees, commissions, product sales) creates durable revenue diversification. This reduces single-market dependence and supports steadier revenue capture from structural digital consumption trends.
Negative Factors
Revenue decline and losses
Sustained revenue contraction and a shift from profit in 2024 to sizable net losses in 2025–2026 signal structural demand or monetization weakness. Ongoing top‑line decline undermines profit recovery, constrains reinvestment, and raises the hurdle for returning to sustainable net profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified revenue streams
CROOZ's dual business model — mobile games (in‑app purchases, subscriptions, ads) plus e‑commerce (transaction fees, commissions, product sales) creates durable revenue diversification. This reduces single-market dependence and supports steadier revenue capture from structural digital consumption trends.
Read all positive factors
CROOZ, Inc. (2138) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥4.02B
Dividend YieldN/A
Average Volume (3M)25.48K
Price to Earnings (P/E)―
Beta (1Y)0.59
Revenue Growth-16.71%
EPS Growth7.48%
CountryJP
Employees594
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-42.00
Shares Outstanding12,957,600
10 Day Avg. Volume41,870
30 Day Avg. Volume25,476
Financial Highlights & Ratios
PEG Ratio1.24
Price to Book (P/B)0.57
Price to Sales (P/S)0.42
P/FCF Ratio-22.58
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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
CROOZ, Inc. generates revenue through two main streams: its mobile gaming business and e-commerce operations. In the mobile gaming segment, the company earns money from in-app purchases, subscriptions, and advertisements featured within its games....
CROOZ, Inc. Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
44
Neutral
Cash Flow
26
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.42B | 11.82B | 14.19B | 14.27B | 14.00B | 15.48B |
| Gross Profit | 6.17B | 6.14B | 6.17B | 6.70B | 6.28B | 6.90B |
| EBITDA | -439.78M | 256.18M | -759.40M | 393.34M | 856.45M | 1.50B |
| Net Income | -404.53M | -470.53M | -530.40M | 1.01B | 254.88M | 310.44M |
Balance Sheet | ||||||
| Total Assets | 28.61B | 30.80B | 29.53B | 27.08B | 25.41B | 25.09B |
| Cash, Cash Equivalents and Short-Term Investments | 8.93B | 6.57B | 10.10B | 12.86B | 14.31B | 13.77B |
| Total Debt | 16.49B | 19.36B | 17.11B | 11.88B | 10.75B | 11.10B |
| Total Liabilities | 19.44B | 21.94B | 20.20B | 16.28B | 15.44B | 15.44B |
| Stockholders Equity | 9.05B | 8.75B | 9.20B | 10.66B | 9.80B | 9.39B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -219.88M | -835.03M | 187.66M | 1.66B | 941.22M |
| Operating Cash Flow | 0.00 | 3.39M | -776.06M | 222.82M | 1.67B | 1.16B |
| Investing Cash Flow | 0.00 | -7.77B | -6.59B | -2.24B | -776.76M | -1.47B |
| Financing Cash Flow | 0.00 | 2.22B | 4.63B | 563.50M | -354.12M | -692.96M |
CROOZ, Inc. Technical Analysis
Negative
552.00
Price Trends
471.94
Negative
516.17
Negative
547.57
Negative
Market Momentum
-34.52
Positive
20.14
Positive
12.45
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2138, the sentiment is Negative. The current price of 552 is above the 20-day moving average (MA) of 411.05, above the 50-day MA of 471.94, and above the 200-day MA of 547.57, indicating a bearish trend. The MACD of -34.52 indicates Positive momentum. The RSI at 20.14 is Positive, neither overbought nor oversold. The STOCH value of 12.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2138.
CROOZ, Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥40.67B | 16.19 | ― | ― | ― | ― | |
64 Neutral | ¥33.37B | 16.12 | ― | ― | 32.07% | 349.54% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | ¥15.47B | 20.35 | ― | ― | 15.58% | ― | |
57 Neutral | ¥31.98B | 29.40 | ― | ― | 18.09% | -50.60% | |
48 Neutral | ¥10.88B | 138.72 | ― | 3.48% | 2.04% | ― | |
41 Neutral | ¥4.02B | -7.34 | ― | ― | -16.71% | 7.48% |
* Technology Sector Average
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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.