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Axel Mark Inc. (JP:3624)
:3624
Japanese Market
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Axel Mark Inc. (3624) AI Stock Analysis

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JP:3624

Axel Mark Inc.

(3624)

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Neutral 41 (OpenAI - 5.2)
Rating:41Neutral
Price Target:
¥58.00
▼(-47.75% Downside)
Action:Reiterated
Date:05/16/26
Overall score is low, driven primarily by weak financial performance (sustained losses and recurring cash burn in 2023–2025) and a clearly bearish technical trend (price far below key moving averages with negative MACD). Valuation is not supportive due to negative earnings (negative P/E) and no provided dividend yield.
Positive Factors
Improved leverage and equity base
Lower leverage versus prior years and a sharp equity increase in 2025 reduce immediate refinancing and solvency risk. A stronger capital base gives management time and optionality to execute restructuring or growth initiatives and lessens short-term funding pressure.
Negative Factors
Sustained operating losses and cash burn
Repeated operating losses and negative OCF/FCF across 2023–2025 show structural cash burn. Persistent negative cash generation forces reliance on financing or equity injections, raising dilution and constraining long-term investment and strategic flexibility unless profitability is restored.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage and equity base
Lower leverage versus prior years and a sharp equity increase in 2025 reduce immediate refinancing and solvency risk. A stronger capital base gives management time and optionality to execute restructuring or growth initiatives and lessens short-term funding pressure.
Read all positive factors

Axel Mark Inc. (3624) vs. iShares MSCI Japan ETF (EWJ)

Axel Mark Inc. Business Overview & Revenue Model

Company Description
Axel Mark Inc. engages in the planning and development of games in Japan. The company develops blockchain games and related content; sells advertising space through a published internet advertising media; and provides advertising network services ...

Axel Mark Inc. Financial Statement Overview

Summary
Financial profile is weak: the company has posted large operating and net losses in 2023–2025 with very low gross margins and a severe 2025 net margin deterioration, alongside negative operating cash flow and free cash flow in 2023–2025 (worsening in 2025). The balance sheet is a relative positive (lower leverage and higher equity), but returns on equity are deeply negative, indicating the capital base is not being profitably employed.
Income Statement
24
Negative
Balance Sheet
46
Neutral
Cash Flow
21
Negative
BreakdownTTMSep 2025Sep 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue247.12M973.57M1.58B2.14B2.67B2.66B
Gross Profit47.00M102.33M88.40M219.68M315.61M312.33M
EBITDA-103.51M-511.64M-289.01M-91.62M17.39M7.53M
Net Income-230.52M-763.13M-388.57M-102.42M-100.63M74.62M
Balance Sheet
Total Assets1.46B1.33B925.05M1.42B1.56B1.71B
Cash, Cash Equivalents and Short-Term Investments955.45M919.15M510.93M906.04M1.24B1.14B
Total Debt381.52M376.50M356.65M356.65M378.94M713.29M
Total Liabilities504.39M520.92M457.94M568.37M625.38M1.02B
Stockholders Equity957.76M804.71M467.11M854.09M935.13M691.87M
Cash Flow
Free Cash Flow0.00-486.46M-339.29M-275.32M93.53M0.00
Operating Cash Flow0.00-466.60M-288.00M-172.86M93.53M-13.59M
Investing Cash Flow0.00-233.74M-108.31M-162.21M7.46M89.13M
Financing Cash Flow0.001.11B1.20M1.01M500.00K812.12M

Axel Mark Inc. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price111.00
Price Trends
50DMA
79.20
Negative
100DMA
79.95
Negative
200DMA
95.23
Negative
Market Momentum
MACD
-5.57
Positive
RSI
28.41
Positive
STOCH
9.84
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3624, the sentiment is Negative. The current price of 111 is above the 20-day moving average (MA) of 72.75, above the 50-day MA of 79.20, and above the 200-day MA of 95.23, indicating a bearish trend. The MACD of -5.57 indicates Positive momentum. The RSI at 28.41 is Positive, neither overbought nor oversold. The STOCH value of 9.84 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3624.

Axel Mark Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
¥5.89B12.443.29%2.36%-15.08%
67
Neutral
¥11.06B5.3322.47%-28.97%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
57
Neutral
¥10.52B6.531.09%-1.25%
50
Neutral
¥1.35B60.60-11.30%61.20%
41
Neutral
¥1.24B-1.64-1.20%5.42%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:3624
Axel Mark Inc.
61.00
-28.00
-31.46%
JP:2489
Adways, Inc.
272.00
0.40
0.15%
JP:6180
GMO Media, Inc.
3,440.00
-1,113.13
-24.45%
JP:6562
Geniee, Inc.
914.00
-441.00
-32.55%
JP:6579
logly, Inc.
370.00
-2.00
-0.54%
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: May 16, 2026