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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 42 (OpenAI - 5.2)
Rating:42Neutral
Price Target:
¥503.00
▼(-8.88% Downside)
Action:ReiteratedDate:03/24/26
The score is driven primarily by weakened financial performance—loss-making results, negative cash flow, and higher leverage. Technicals add further pressure as the stock remains in a bearish trend despite near-oversold readings. Valuation provides limited support because the negative P/E stems from losses and there is no dividend yield data.
Positive Factors
Diversified revenue streams
CROOZ's dual model of mobile games plus e-commerce creates structural revenue diversification and multiple monetization levers (in‑app purchases, subscriptions, ads, transaction fees, commissions). This reduces single-market dependence and steadies cash flow across cycles, supporting long-term resilience.
Negative Factors
Swing to net loss
The recent swing to a net loss and negative operating profit signals structural pressure on core profitability. Persistent losses erode retained earnings, limit reinvestment capacity, and increase the probability management must cut costs, divest assets, or raise dilutive capital, weakening long-term competitiveness.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified revenue streams
CROOZ's dual model of mobile games plus e-commerce creates structural revenue diversification and multiple monetization levers (in‑app purchases, subscriptions, ads, transaction fees, commissions). This reduces single-market dependence and steadies cash flow across cycles, supporting long-term resilience.
Read all positive factors

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

CROOZ, Inc. Business Overview & Revenue Model

Company Description
CROOZ, Inc. engages in the e-commerce, media and advertising, gaming, and investment and financial businesses. The company plans, develops, and operates SHOPLIST.com, a fashion mail order; and offers EC site system construction, operation contract...
How the Company Makes Money
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CROOZ, Inc. Financial Statement Overview

Summary
Overall financial quality is below average: profitability deteriorated sharply with a swing to net loss and negative operating profit, leverage increased with debt above equity, and both operating cash flow and free cash flow turned negative in the latest year—raising earnings stability and financial risk concerns.
Income Statement
32
Negative
Balance Sheet
45
Neutral
Cash Flow
24
Negative
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue13.42B14.19B14.27B14.00B15.48B35.71B
Gross Profit6.17B6.17B6.70B6.28B6.90B8.07B
EBITDA-439.78M-759.40M393.34M856.45M1.50B2.44B
Net Income-404.53M-530.40M1.01B254.88M310.44M1.43B
Balance Sheet
Total Assets28.61B29.53B27.08B25.41B25.09B27.07B
Cash, Cash Equivalents and Short-Term Investments8.93B10.10B12.86B14.31B13.77B17.97B
Total Debt16.49B17.11B11.88B10.75B11.10B11.92B
Total Liabilities19.44B20.20B16.28B15.44B15.44B17.33B
Stockholders Equity9.05B9.20B10.66B9.80B9.39B9.21B
Cash Flow
Free Cash Flow0.00-835.03M187.66M1.66B941.22M2.24B
Operating Cash Flow0.00-776.06M222.82M1.67B1.16B2.33B
Investing Cash Flow0.00-6.59B-2.24B-776.76M-1.47B-36.80M
Financing Cash Flow0.004.63B563.50M-354.12M-692.96M-1.29B

CROOZ, Inc. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price552.00
Price Trends
50DMA
560.40
Negative
100DMA
568.01
Negative
200DMA
589.45
Negative
Market Momentum
MACD
-7.72
Negative
RSI
43.23
Neutral
STOCH
69.87
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 528.65, below the 50-day MA of 560.40, and below the 200-day MA of 589.45, indicating a neutral trend. The MACD of -7.72 indicates Negative momentum. The RSI at 43.23 is Neutral, neither overbought nor oversold. The STOCH value of 69.87 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
70
Outperform
¥41.08B17.94
68
Neutral
¥21.43B15.2515.63%306.67%
64
Neutral
¥34.44B20.1029.71%434.24%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
49
Neutral
¥23.51B39.2812.99%-60.61%
48
Neutral
¥12.48B29.783.48%2.04%
42
Neutral
¥5.77B-8.89-19.35%40.68%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:2138
CROOZ, Inc.
519.00
-61.00
-10.52%
JP:4477
BASE, Inc.
292.00
-155.51
-34.75%
JP:5027
AnyMind Group Inc.
383.00
-479.26
-55.58%
JP:6047
Gunosy, Inc.
522.00
-62.29
-10.66%
JP:9553
MicroAd, Inc.
770.00
439.00
132.63%
JP:299A
dely inc.
964.00
-349.00
-26.58%
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: Mar 24, 2026