Landix, Inc. (2981) AI Stock Analysis

• Market Cap: ¥9.75B
• Dividend Yield: 2.27%
• Average Volume (3M): 2.90K
• Price to Earnings (P/E): 6.9
• Beta (1Y): 0.55
• Revenue Growth: 18.93%
• EPS Growth: 77.54%
• Country: JP
• Employees: 102
• Sector: Real Estate
• Sector Strength: 63
• Industry: Real Estate - Development
• EPS (TTM): 205.55
• Shares Outstanding: 2,834,793
• 10 Day Avg. Volume: 1,950
• 30 Day Avg. Volume: 2,903
• PEG Ratio: 0.59
• Price to Book (P/B): 1.14
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.73
• 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

• Rating: 81 Outperform
• Price Target: ¥3,915.00 ▲(13.97%Upside)

Landix, Inc. receives a strong overall score due to its impressive technical momentum and attractive valuation, indicating potential undervaluation. While financial performance shows strong growth, concerns about leverage and cash flow warrant caution.

Landix, Inc. Business Overview & Revenue Model

Company Description

Landix, Inc. (2981) is a company that specializes in the development and provision of software solutions tailored for various industries. The company focuses on creating innovative technology platforms aimed at enhancing business processes, improving operational efficiency, and driving digital transformation. Landix, Inc. leverages its expertise in software development to deliver products and services that cater to the specific needs of its clients, thereby enabling them to achieve their organizational goals.

How the Company Makes Money

Landix, Inc. makes money primarily through the sale and licensing of its software products and solutions. The company generates revenue by offering subscription-based software services, customized software development, and technical support services. Additionally, Landix, Inc. may engage in strategic partnerships with other technology firms to expand its market reach and enhance its product offerings. These partnerships can also contribute to its revenue streams through collaborative projects and shared ventures.

Landix, Inc. Financial Statement Overview

Summary

Landix, Inc. has shown strong revenue and profitability growth with a notable return on equity, indicating good financial performance. However, the rising debt-to-equity ratio and negative cash flows present concerns about financial stability and liquidity.

Income Statement

Landix, Inc. has demonstrated strong revenue growth, with total revenue increasing from ¥8.21 billion in 2021 to ¥20.27 billion in 2025. The gross profit margin improved to approximately 21.6% in 2025, indicating effective cost management. The net profit margin also increased to around 6.9% in the same year. However, there is a concern with declining EBIT and EBITDA margins from 2023 to 2025, suggesting potential pressure on operating efficiency.

Balance Sheet

The company's debt-to-equity ratio has increased over recent years, with total debt rising to ¥12.25 billion in 2025, compared to a lower equity base. This increase in leverage could pose a risk if not managed carefully. Conversely, the return on equity improved significantly to 16.8% in 2025, reflecting strong profitability relative to equity. The equity ratio of 38.3% suggests moderate financial stability.

Cash Flow

Operating cash flow has been negative in four out of the last six years, with a significant negative free cash flow of ¥-3.56 billion in 2025, indicating potential liquidity concerns. The operating cash flow to net income ratio is negative, highlighting challenges in converting profits into cash. Despite these issues, positive financing cash flow suggests that the company has managed to raise funds to support its operations.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
19.10B	20.27B	17.04B	15.02B	11.13B	8.21B
	Gross Profit
4.04B	4.38B	3.18B	3.29B	2.85B	1.79B
	EBIT
1.99B	2.26B	1.28B	1.68B	1.47B	672.34M
	EBITDA
2.03B	2.31B	1.33B	1.73B	1.51B	694.39M
	Net Income Common Stockholders
1.21B	1.40B	790.23M	1.05B	937.20M	429.45M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.09B	6.16B	5.18B	5.10B	4.51B	3.64B
	Total Assets
20.03B	21.79B	15.29B	13.90B	12.77B	9.02B
	Total Debt
10.90B	12.25B	7.48B	6.25B	6.05B	3.87B
	Net Debt
5.81B	6.09B	2.31B	1.14B	1.54B	223.00M
	Total Liabilities
12.27B	13.45B	8.14B	7.35B	7.12B	4.20B
	Stockholders Equity
7.76B	8.35B	7.15B	6.54B	5.65B	4.82B
Cash Flow		Free Cash Flow
0.00	-3.56B	-1.08B	541.35M	-1.21B	-755.57M
	Operating Cash Flow
0.00	-3.41B	-776.02M	566.47M	-332.09M	-699.40M
	Investing Cash Flow
0.00	-529.90M	-303.04M	-712.20M	-876.72M	-36.45M
	Financing Cash Flow
0.00	4.52B	1.05B	42.80M	2.07B	688.36M

Landix, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3435.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2981, the sentiment is Positive. The current price of 3435 is above the 20-day moving average (MA) of 3342.50, above the 50-day MA of 3015.00, and above the 200-day MA of 2535.60, indicating a bullish trend. The MACD of 128.21 indicates Positive momentum. The RSI at 65.52 is Neutral, neither overbought nor oversold. The STOCH value of 58.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2981.

Landix, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2981	81 Outperform	¥9.75B	6.94		2.27%	18.93%	77.54%
3299	76 Outperform	¥49.71B	6.70		3.28%	28.12%	110.57%
2983	73 Outperform	¥7.92B	5.44		4.08%	25.30%	548.48%
8887	64 Neutral	¥15.00B	27.94		0.93%	101.05%	<0.01%
Sector *	61 Neutral	$2.86B	10.96	0.41%	6.08%	5.73%	-21.25%
2984	59 Neutral	¥5.71B	8.30		4.49%	4.11%	-54.07%
8886	47 Neutral	¥2.50B	―		―	-33.09%	-1.82%

Landix, Inc. Corporate Events

Landix Inc. Revises Financial Forecasts and Launches New Business Initiatives

Landix Inc. announced an upward revision of its financial results and dividend forecasts for FY2025, driven by strong sales of residential land and improved inventory profit margins. The company’s operating profit forecast increased significantly, and it plans to raise dividends per share to maintain stock price growth. Additionally, Landix Inc. launched ‘THE THIRD PLACE,’ a new business model for second homes targeting high-net-worth individuals and established a new construction company to boost its architecture matching business, enhancing customer choice and driving future profitability.