Koei Tecmo Holdings Co., Ltd. (JP:3635)
:3635
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Koei Tecmo Holdings Co., Ltd.
(3635)
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Select Model
Rating:76Outperform
Price Target:
¥1,968.00
▲(3.28% Upside)
Action:ReiteratedDate:11/01/25
Koei Tecmo Holdings Co., Ltd. scores well due to its strong financial performance and positive technical indicators. The company's robust revenue growth and profitability are key strengths, while the technical analysis suggests short-term momentum. The valuation is reasonable, with a fair P/E ratio and a decent dividend yield. The absence of recent earnings call data and corporate events means these factors do not influence the score.
Positive Factors
Revenue growth momentum
Sustained ~9% top-line growth indicates expanding product reach and effective monetization across platforms. This durable demand supports multi-period revenue visibility, funds content investment and DLC pipelines, and underpins long-term profitability even if individual releases vary in success.
Negative Factors
Slight margin erosion
A trending dip in gross margin signals rising production or distribution costs or shifting sales mix. If persistent, margin compression could erode the company's strong profitability and reduce funds available for content investment and marketing, impacting medium-term growth execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth momentum
Sustained ~9% top-line growth indicates expanding product reach and effective monetization across platforms. This durable demand supports multi-period revenue visibility, funds content investment and DLC pipelines, and underpins long-term profitability even if individual releases vary in success.
Read all positive factors
Koei Tecmo Holdings Co., Ltd. (3635) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥575.87B
Dividend Yield2.49%
Average Volume (3M)2.17M
Price to Earnings (P/E)15.4
Beta (1Y)0.33
Revenue Growth-1.05%
EPS Growth6.49%
CountryJP
Employees2,531
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)N/A
Shares Outstanding336,096,920
10 Day Avg. Volume1,095,000
30 Day Avg. Volume2,165,733
Financial Highlights & Ratios
PEG Ratio1.46
Price to Book (P/B)3.28
Price to Sales (P/S)7.47
P/FCF Ratio18.93
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)N/A
Revenue Forecast (FY)N/A
Koei Tecmo Holdings Co., Ltd. Business Overview & Revenue Model
Company Description
Koei Tecmo Holdings Co., Ltd., together with its subsidiaries, operates as an entertainment company in Japan, North America, Europe, rest of Asia, and internationally. The company operates through Entertainment, Amusement, and Real Estate segments...
How the Company Makes Money
Koei Tecmo primarily makes money by creating and monetizing video game content across multiple platforms. Key revenue streams include: (1) sales of packaged (physical) game software for consoles/PC through retail and wholesale distribution channel...
Koei Tecmo Holdings Co., Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
80
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 80.34B | 83.15B | 84.58B | 78.42B | 72.76B | 60.37B |
| Gross Profit | 49.63B | 62.77B | 55.30B | 57.10B | 50.60B | 39.07B |
| EBITDA | 31.88B | 34.03B | 30.31B | 40.78B | 36.08B | 25.95B |
| Net Income | 30.06B | 37.63B | 33.79B | 30.93B | 35.36B | 29.55B |
Balance Sheet | ||||||
| Total Assets | 243.40B | 209.83B | 245.80B | 210.89B | 219.80B | 190.67B |
| Cash, Cash Equivalents and Short-Term Investments | 41.21B | 44.49B | 70.09B | 20.61B | 45.42B | 17.23B |
| Total Debt | 35.92B | 467.00M | 46.91B | 47.52B | 48.31B | 41.00M |
| Total Liabilities | 56.28B | 20.41B | 70.25B | 68.20B | 81.70B | 25.54B |
| Stockholders Equity | 187.12B | 189.42B | 175.55B | 142.68B | 138.10B | 165.13B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 32.82B | 34.81B | 28.86B | 23.52B | 28.21B |
| Operating Cash Flow | 0.00 | 34.37B | 36.60B | 29.69B | 24.82B | 29.73B |
| Investing Cash Flow | 0.00 | 40.97B | -24.86B | -21.39B | -13.17B | -12.29B |
| Financing Cash Flow | 0.00 | -63.17B | -15.47B | -16.59B | -4.56B | -19.40B |
Koei Tecmo Holdings Co., Ltd. Technical Analysis
Negative
1905.50
Price Trends
1738.68
Negative
1870.69
Negative
1976.70
Negative
Market Momentum
7.97
Positive
43.52
Neutral
6.80
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3635, the sentiment is Negative. The current price of 1905.5 is above the 20-day moving average (MA) of 1798.13, above the 50-day MA of 1738.68, and below the 200-day MA of 1976.70, indicating a bearish trend. The MACD of 7.97 indicates Positive momentum. The RSI at 43.52 is Neutral, neither overbought nor oversold. The STOCH value of 6.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3635.
Koei Tecmo Holdings Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ¥575.87B | 15.43 | ― | 2.49% | -1.05% | 6.49% | |
72 Outperform | ¥2.64T | 25.95 | 17.57% | 0.84% | 18.39% | 23.33% | |
69 Neutral | ¥1.41T | 33.58 | 26.91% | 1.17% | 45.17% | 81.91% | |
68 Neutral | ¥517.54B | -6.55 | -3.66% | 2.12% | -8.73% | -55.81% | |
67 Neutral | ¥10.45T | 19.28 | 13.46% | 1.17% | 24.47% | 12.54% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
57 Neutral | ¥903.70B | 16.57 | 6.70% | 1.80% | -12.02% | 126.06% |
* Communication Services Sector Average
JP:3635
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Koei Tecmo Holdings Co., Ltd. Corporate Events
Koei Tecmo Posts Slight Sales Decline but Strengthens Balance Sheet, Keeps FY2026 Outlook and Dividend Plan
Jan 26, 2026
For the nine months ended 31 December 2025, Koei Tecmo reported a slight 1.6% year-on-year decline in net sales to ¥51.7 billion and lower operating profit of ¥14.6 billion, while ordinary profit and profit attributable to owners of pare...
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.