ITmedia Inc. (JP:2148)
:2148
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ITmedia Inc.
(2148)
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Select Model
Rating:74Outperform
Price Target:
¥1,835.00
▲(13.62% Upside)
Action:ReiteratedDate:03/31/26
The score is driven primarily by strong financial quality—fast TTM revenue growth, solid margins, and an exceptionally low-debt balance sheet—partly offset by margin/ROE moderation and weaker recent free cash flow. Technicals are mixed with short-term weakness despite oversold readings, and valuation is balanced by a high dividend yield but a relatively high P/E.
Positive Factors
Niche B2B media model
Serving a specialized IT and business readership gives ITmedia durable structural advantages: enterprise advertisers value targeted audiences, sponsored content and lead-gen programs can command higher CPMs and recurring campaigns. This niche positioning supports steadier revenue and client relationships over months.
Negative Factors
Moderating margins & ROE
Declining ROE and stepped-down margins suggest rising cost pressures, tougher monetization, or competitive strain in core ad businesses. If this structural moderation persists it can limit reinvestment capacity, slow earnings recovery, and constrain long-term return generation for shareholders.
Read all positive and negative factors
Positive Factors
Negative Factors
Niche B2B media model
Serving a specialized IT and business readership gives ITmedia durable structural advantages: enterprise advertisers value targeted audiences, sponsored content and lead-gen programs can command higher CPMs and recurring campaigns. This niche positioning supports steadier revenue and client relationships over months.
Read all positive factors
ITmedia Inc. (2148) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥32.14B
Dividend Yield6.44%
Average Volume (3M)59.52K
Price to Earnings (P/E)29.4
Beta (1Y)0.66
Revenue Growth2.09%
EPS Growth-2.15%
CountryJP
Employees339
SectorCommunication Services
Sector Strength97
IndustryAdvertising Agencies
Share Statistics
EPS (TTM)13.76
Shares Outstanding21,121,900
10 Day Avg. Volume55,120
30 Day Avg. Volume59,520
Financial Highlights & Ratios
PEG Ratio74.20
Price to Book (P/B)3.08
Price to Sales (P/S)3.56
P/FCF Ratio17.33
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)69.5
Revenue Forecast (FY)¥8.70B
ITmedia Inc. Business Overview & Revenue Model
Company Description
ITmedia Inc. engages in the development and operation of Internet-only media providing information on various topics in Japan. It provides information on information technology, digital gadget, business, engineering, and social/culture. The compan...
How the Company Makes Money
ITmedia primarily generates revenue by monetizing its owned online media properties through advertising and marketing-related services. Key revenue streams typically include (1) digital advertising sold to corporate clients (e.g., display/banner a...
ITmedia Inc. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.19B | 8.10B | 8.00B | 8.75B | 8.09B | 6.89B |
| Gross Profit | 5.01B | 5.04B | 5.02B | 5.72B | 5.34B | 4.54B |
| EBITDA | 2.05B | 2.24B | 2.45B | 3.22B | 2.97B | 2.37B |
| Net Income | 1.31B | 1.50B | 1.50B | 1.97B | 1.80B | 1.26B |
Balance Sheet | ||||||
| Total Assets | 9.77B | 11.00B | 11.38B | 11.18B | 10.07B | 9.19B |
| Cash, Cash Equivalents and Short-Term Investments | 5.07B | 7.56B | 8.44B | 8.48B | 7.32B | 6.38B |
| Total Debt | 226.46M | 44.15M | 132.31M | 2.40M | 165.07M | 7.37M |
| Total Liabilities | 1.54B | 1.62B | 1.57B | 1.75B | 2.14B | 2.08B |
| Stockholders Equity | 8.24B | 9.38B | 9.80B | 9.43B | 7.93B | 7.12B |
Cash Flow | ||||||
| Free Cash Flow | 1.16B | 1.66B | 1.17B | 1.82B | 1.93B | 2.13B |
| Operating Cash Flow | 1.43B | 1.84B | 1.37B | 1.88B | 1.99B | 2.21B |
| Investing Cash Flow | -1.18B | -1.18B | -164.86M | -53.15M | 152.49M | -161.29M |
| Financing Cash Flow | -2.06B | -2.04B | -1.25B | -660.38M | -1.20B | -475.60M |
ITmedia Inc. Technical Analysis
Negative
1615.00
Price Trends
1703.30
Negative
1593.97
Negative
1571.29
Negative
Market Momentum
-47.72
Positive
27.35
Positive
3.05
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2148, the sentiment is Negative. The current price of 1615 is below the 20-day moving average (MA) of 1721.55, below the 50-day MA of 1703.30, and above the 200-day MA of 1571.29, indicating a bearish trend. The MACD of -47.72 indicates Positive momentum. The RSI at 27.35 is Positive, neither overbought nor oversold. The STOCH value of 3.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2148.
ITmedia Inc. Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥32.14B | 29.36 | ― | 6.44% | 2.09% | -2.15% | |
66 Neutral | ¥8.49B | 12.89 | ― | 2.61% | 11.84% | 246.10% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
57 Neutral | ¥15.45B | 29.59 | ― | 7.85% | -3.20% | 34.08% | |
50 Neutral | ¥12.80B | 2.40 | ― | ― | -2.68% | 91.68% | |
43 Neutral | ¥33.13B | -21.27 | ― | ― | 4.53% | -464.41% |
* Communication Services Sector Average
JP:2148
ITmedia Inc.
1,595.00
315.90
24.70%
JP:2122
Interspace Co., Ltd.
1,253.00
398.49
46.63%
JP:2491
ValueCommerce Co., Ltd.
478.00
-215.63
-31.09%
JP:4499
Speee, Inc.
2,865.00
995.00
53.21%
JP:6094
FreakOut Holdings, Inc.
716.00
265.00
58.76%
ITmedia Inc. Corporate Events
ITmedia Issues Supplementary Briefing Materials and Clarifies Reporting Framework
Feb 6, 2026
ITmedia Inc. has released supplementary briefing materials for the nine-month period ended December 31, 2025, outlining its financial reporting framework and risk disclosure practices. The company emphasizes that its earnings outlooks are subject ...
ITmedia Posts Modest Revenue Growth but Lower Profits, Keeps Dividend Outlook Intact
Feb 6, 2026
ITmedia Inc. reported consolidated revenue of ¥5.91 billion for the nine months ended December 31, 2025, up 1.6% year on year, but saw operating income fall 16.3% to ¥1.13 billion and net income attributable to owners of the parent decli...
ITmedia to Acquire Webinar Marketer Majisemi, Expanding Digital Event Lead-Generation Business
Jan 29, 2026
ITmedia Inc. has resolved to acquire all shares of Majisemi Co., Ltd., a fast-growing B2B marketing support firm specializing in technology-related webinars and lead generation, making it a subsidiary following Majisemi’s merger with Open So...
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.