WILLPLUS Holdings Corp. (3538) AI Stock Analysis

• Market Cap: ¥10.67B
• Dividend Yield: 4.32%
• Average Volume (3M): 17.23K
• Price to Earnings (P/E): 6.5
• Beta (1Y): 0.56
• Revenue Growth: 58.36%
• EPS Growth: 21.77%
• Country: JP
• Employees: 660
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Dealerships
• EPS (TTM): N/A
• Shares Outstanding: 10,358,400
• 10 Day Avg. Volume: 12,870
• 30 Day Avg. Volume: 17,233
• PEG Ratio: 0.17
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 0.10
• P/FCF Ratio: -5.55
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ¥1,086.00 ▲(4.32% Upside)
• Action: Reiterated Date: 10/21/25
• Date: Action: Reiterated 10/21/25

The overall stock score is primarily influenced by strong financial performance and attractive valuation. However, technical analysis indicates bearish trends, which dampen the overall score. The lack of earnings call and corporate events data means these factors do not influence the score.

Positive Factors

Revenue Growth

The strong revenue growth indicates successful market expansion and product adoption, supporting long-term business sustainability and competitiveness.

Profitability

Healthy profit margins suggest efficient operations and the ability to generate profits, which are crucial for reinvestment and growth.

Strategic Partnerships

Strategic partnerships enhance the company's service offerings and market reach, providing a competitive edge and supporting revenue growth.

Negative Factors

Rising Leverage

Increasing leverage can strain financial flexibility and elevate risk, potentially impacting the company's ability to invest in growth opportunities.

Negative Cash Flows

Negative cash flows indicate potential liquidity issues, affecting the company's ability to fund operations and invest in future growth.

Decreasing Equity Ratio

A decreasing equity ratio implies increased financial risk and dependency on external financing, which can affect long-term stability.

WILLPLUS Holdings Corp. Business Overview & Revenue Model

Company Description

WILLPLUS Holdings Corporation imports and sells new and used cars in Japan. It also offers auto auction sale; vehicle maintenance and repairing; and automobile insurance products and services. The company was incorporated in 2007 and is headquartered in Tokyo, Japan.

How the Company Makes Money

WILLPLUS Holdings Corp. generates revenue through multiple streams, primarily from the sale of software and cloud-based services to businesses seeking to enhance their digital transformation efforts. The company also earns income from subscription fees for its digital platforms and consulting services that assist clients in implementing technology solutions. Key partnerships with technology providers and strategic alliances in the telecommunications sector further contribute to its revenue, enabling WILLPLUS to offer comprehensive solutions that meet the evolving needs of its clients.

WILLPLUS Holdings Corp. Financial Statement Overview

Summary

WILLPLUS Holdings Corp. shows robust revenue growth and profitability with a strong income statement score. However, increasing leverage and negative cash flows pose potential risks, which slightly lower the overall financial performance score.

Income Statement

WILLPLUS Holdings Corp. has demonstrated strong revenue growth with a 34.42% increase in the latest year. The gross profit margin and net profit margin are healthy, indicating effective cost management and profitability. However, the EBIT margin has slightly decreased over the years, suggesting potential pressure on operating efficiency.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, which has increased over the years, indicating rising leverage. The return on equity is solid, reflecting effective use of shareholder funds. However, the equity ratio has decreased, suggesting a higher reliance on debt financing.

Cash Flow

Cash flow from operations has been negative in the latest year, which is a concern. The free cash flow has also declined significantly, indicating potential liquidity issues. The operating cash flow to net income ratio is unfavorable, suggesting challenges in converting income into cash.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	88.61B	47.75B	44.12B	39.70B	40.78B
Gross Profit	12.43B	9.36B	8.62B	8.44B	8.26B
EBITDA	4.04B	3.31B	3.29B	3.58B	3.50B
Net Income	1.44B	1.12B	1.30B	1.55B	1.53B
Balance Sheet
Total Assets	37.23B	32.16B	23.64B	18.63B	16.97B
Cash, Cash Equivalents and Short-Term Investments	8.25B	7.51B	4.29B	5.54B	3.38B
Total Debt	16.53B	13.18B	6.43B	4.62B	3.89B
Total Liabilities	25.03B	21.08B	13.90B	9.80B	9.44B
Stockholders Equity	10.84B	9.83B	9.75B	8.83B	7.53B
Cash Flow
Free Cash Flow	-1.62B	2.06B	-2.62B	1.72B	2.18B
Operating Cash Flow	-1.30B	2.51B	-2.27B	1.91B	2.89B
Investing Cash Flow	-545.04M	-3.86B	-412.04M	-218.00M	-676.16M
Financing Cash Flow	2.58B	4.57B	1.43B	469.41M	-1.36B

WILLPLUS Holdings Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1041.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3538, the sentiment is Positive. The current price of 1041 is below the 20-day moving average (MA) of 1052.85, below the 50-day MA of 1048.48, and above the 200-day MA of 1000.40, indicating a bullish trend. The MACD of 3.43 indicates Negative momentum. The RSI at 67.01 is Neutral, neither overbought nor oversold. The STOCH value of 81.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3538.

WILLPLUS Holdings Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4732	83 Outperform	¥877.93B	22.02	19.13%	2.64%	7.58%	15.12%
7599	70 Outperform	¥153.82B	12.08	―	2.82%	11.66%	-7.47%
3538	68 Neutral	¥10.67B	6.54	―	4.32%	58.36%	21.77%
7593	63 Neutral	¥68.05B	11.94	―	4.49%	8.56%	-13.47%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
3186	61 Neutral	¥298.91B	23.85	―	1.24%	21.79%	9.89%
7602	48 Neutral	¥4.94B	-18.45	―	1.08%	-2.36%	-1738.42%