Low Leverage / Strong Balance SheetA very low debt-to-equity ratio (0.046) signals durable financial flexibility: lower interest burden, higher resilience to revenue shocks, and capacity to fund operations or opportunistic investments without reliance on costly external financing, supporting multi-quarter stability.

High Gross MarginA 52.3% gross margin indicates structural pricing power or a favorable cost base for core products, which cushions operating results against revenue declines and preserves long-term ability to invest in R&D or marketing, helping margin sustainability over several quarters.

Improved Cash GenerationA strong operating cash flow to net income ratio (3.12) and a positive swing in free cash flow reflect improved cash conversion. Durable cash generation enhances liquidity, funds capital needs, and reduces reliance on external capital over the medium term despite prior volatility.

Bears Say

Declining Revenue TrendA double-digit revenue decline signals persistent demand weakness or market share loss. Over several quarters this erodes scale economics, reduces fixed-cost absorption, and constrains reinvestment capacity, making sustainable margin recovery and growth more difficult.

Very Low Net Profit MarginA 0.47% net margin leaves minimal buffer for cost inflation or cyclical shocks, limiting retained earnings and reinvestment. Even with strong gross margins, weak bottom-line conversion hampers ability to fund strategic initiatives and undermines long-term profitability.

Modest Return On EquityAn ROE near 0.61% reflects limited capital efficiency and weak profit generation on shareholder equity. Over a multi-quarter horizon this can deter capital allocation, constrain growth funding from internal sources, and signal challenges in translating assets into returns.

3639 FAQ

What was Voltage Incorporation’s price range in the past 12 months?

Voltage Incorporation lowest stock price was ¥198.00 and its highest was ¥418.00 in the past 12 months.

What is Voltage Incorporation’s market cap?

Voltage Incorporation’s market cap is ¥1.61B.

When is Voltage Incorporation’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Voltage Incorporation’s earnings last quarter?

Currently, no data Available

Is Voltage Incorporation overvalued?

According to Wall Street analysts Voltage Incorporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Voltage Incorporation pay dividends?

Voltage Incorporation pays a Notavailable dividend of ¥8 which represents an annual dividend yield of N/A. See more information on Voltage Incorporation dividends here

What is Voltage Incorporation’s EPS estimate?

Voltage Incorporation’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Voltage Incorporation have?

Voltage Incorporation has 6,578,975 shares outstanding.

What happened to Voltage Incorporation’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Voltage Incorporation?

Currently, no hedge funds are holding shares in JP:3639

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Voltage Incorporation

Voltage Incorporation plans, designs, develops, produces, and operates mobile content in Japan and internationally. It also plans, manufactures, and sells event merchandise, videos, movies, and music using intellectual property content; and content using VR and AR technologies, as well as manages a digital comic book store, and produces and sells original label works. The company was founded in 1999 and is headquartered in Tokyo, Japan.