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KLab Inc.
(3656)
KLab Inc. (3656) vs. iShares MSCI Japan ETF (EWJ)
KLab Inc. Business Overview & Revenue Model
KLab Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.84B | 8.31B | 10.72B | 16.88B | 23.90B | 33.95B |
| Gross Profit | 1.31B | 1.13B | 1.75B | 3.02B | 2.72B | 6.99B |
| EBITDA | -5.11B | -1.94B | -1.21B | -33.52M | -1.92B | 2.89B |
| Net Income | -6.19B | -2.78B | -1.82B | -541.92M | -3.47B | 767.18M |
Balance Sheet | ||||||
| Total Assets | 10.94B | 15.78B | 17.75B | 20.86B | 18.71B | 23.49B |
| Cash, Cash Equivalents and Short-Term Investments | 1.84B | 1.61B | 2.21B | 6.02B | 4.75B | 8.62B |
| Total Debt | 1.13B | 2.22B | 3.18B | 3.51B | 1.00B | 1.75B |
| Total Liabilities | 4.08B | 5.41B | 6.05B | 7.71B | 5.90B | 6.91B |
| Stockholders Equity | 6.86B | 10.37B | 11.71B | 13.15B | 12.81B | 16.58B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -2.06B | -4.36B | -2.84B | -2.73B | 3.03B |
| Operating Cash Flow | 0.00 | -138.22M | -1.53B | -186.97M | -1.28B | 3.98B |
| Investing Cash Flow | 0.00 | -1.05B | -2.33B | -1.36B | -1.93B | -2.34B |
| Financing Cash Flow | 0.00 | 555.11M | -66.94M | 3.54B | -1.04B | 318.34M |
KLab Inc. Technical Analysis
KLab Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ¥18.26B | 20.20 | ― | 1.25% | 3.50% | 6.04% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
56 Neutral | ¥24.00B | -3.18 | ― | ― | -14.71% | -38.87% | |
48 Neutral | ¥10.28B | 5.79 | ― | ― | 11.15% | ― | |
46 Neutral | ¥6.08B | -135.55 | ― | 1.70% | -22.98% | 83.75% | |
46 Neutral | ¥18.71B | 6.16 | ― | ― | -37.68% | ― | |
42 Neutral | ¥11.85B | -6.10 | ― | ― | 93.85% | -216.24% |
KLab Inc. Corporate Events
KLab Inc. disclosed that it has continued implementing its “Dual Gold Treasury Strategy” by purchasing additional Bitcoin and Japan-listed physical gold ETF units between January 28 and 30, 2026, spending about ¥128 million on 9.65 BTC and about ¥75.7 million on 2,955 gold ETF units. As of January 31, 2026, the company holds 22.45828 BTC and 8,185 gold ETF units, with its Bitcoin position currently showing a valuation loss and its gold holdings a valuation gain, resulting in a roughly 58% Bitcoin and 42% gold allocation in its treasury assets. KLab emphasized that it uses an AI-based system to aggregate and analyze global market opinions to inform these crypto and gold allocation decisions, and has made its AI-generated BTC and gold reports, as well as materials on the Dual Gold Treasury Strategy, publicly available, underlining a data-driven and transparent approach to managing non-traditional balance sheet assets.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen351.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. announced that the Tokyo Stock Exchange has officially confirmed the company’s compliance with all Prime Market listing maintenance criteria related to tradable shares as of December 31, 2025. Over the past three years, KLab has substantially increased the number of shareholders, tradable shares, tradable share market capitalization, and average daily trading value, all of which now exceed the TSE’s minimum thresholds by a comfortable margin. This confirmation secures KLab’s continued presence on the Prime Market, signaling improved liquidity and marketability of its shares, and underpins investor confidence in the company’s capital market profile.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen366.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. announced that, based on its shareholder register as of December 31, 2025, its tradable share market capitalization now meets the Tokyo Stock Exchange’s criteria for maintaining a Prime Market listing, following a period in which it had fallen short and was operating under a remedial plan through the end of 2026. The company reported significant improvements in key listing metrics, including an increase in tradable share market capitalization to ¥16.11 billion and higher liquidity, while its total market capitalization has risen to ¥29 billion, supported by progress in new game titles, the introduction of a new management structure, and the launch of AI-focused businesses and large-scale financing initiatives, positioning KLab for profitability and enhanced corporate value in the coming fiscal year.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen415.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. has finalized the terms for its 24th series of stock acquisition rights, a paid-in stock option program tied to market capitalization and performance targets, to be granted to directors and selected employees. The issuance comprises 20,000 rights corresponding to 2,000,000 common shares, with the bulk allocated to the representative director and president, and the remainder to other directors and key employees, underscoring the company’s emphasis on performance-linked executive compensation and alignment of management and staff incentives with shareholder interests.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen417.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. has signed a Memorandum of Understanding with United Arab Emirates-based Century Financial Consultancy LLC to promote investor relations activities and explore business collaboration in both the UAE and Japanese markets, with a broader focus on the Middle East. By leveraging Century’s networks among high-net-worth individuals and major institutional investors, KLab aims to accelerate its IR efforts, enhance its name recognition, and deepen relationships with local investors and business partners across the region, although the company currently expects only a minor impact on its consolidated financial results from this agreement.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen417.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. has completed payment for the issuance of new shares and its 23rd series of stock acquisition rights through a third-party allotment to several institutional investors, raising a total of approximately 2.91 billion yen. The company issued 13.75 million new common shares in two tranches to ULTIMATE CLASSIC INVESTMENT LLC, Sun* Inc., JT Financial Limited Liability Partnership, and Six Cents Holdings Ltd., and allotted 107,500 stock acquisition rights to UCI and JT Financial, which could result in up to 10.75 million additional shares upon exercise between December 24, 2025, and December 23, 2027. This sizeable equity and potential future equity financing enhances KLab’s capital base, providing funds that can support its operational and strategic initiatives, while also signaling continued backing from financial and strategic investors despite the dilutive impact on existing shareholders.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen417.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. is set to hold an online briefing session for investors and analysts to discuss its recently announced financing and dual gold treasury strategy, as well as future business development and investor relations strategies. This session, led by Representative Director and President Tetsuya Sanada, aims to provide clarity on the company’s strategic direction and engage stakeholders through a Q&A session.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen417.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. announced amendments to its previously disclosed plans regarding the issuance of new shares and stock acquisition rights. The company has shifted from a book-entry transfer method to a non-book-entry transfer method for its 23rd Stock Acquisition Rights to streamline issuance procedures, indicating a strategic move to enhance operational efficiency.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen313.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. announced corrections to its previously released ‘Supplementary Explanatory Materials on Financing and Related Announcements’ due to an incorrect description. These corrections pertain to the allotment details of new shares and stock acquisition rights, impacting the company’s financial disclosures and potentially affecting shareholder information.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen234.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. has announced a strategic move to issue new shares and stock acquisition rights through a third-party allotment, involving investors such as ULTIMATE CLASSIC INVESTMENT LLC, Six Cents Holdings Ltd., Sun* Inc., and JT Financial Limited Liability Partnership. This financing initiative is expected to alter the company’s principal shareholder structure, potentially impacting its market positioning and stakeholder dynamics.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen234.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. has announced the issuance of market capitalization and performance target achievement-type paid-in stock options to its directors and employees as part of a strategic effort to recover its market capitalization and return to profitability. The company aims to motivate its workforce by setting ambitious targets, including a market capitalization of 20 billion yen and the establishment of new businesses, to enhance corporate and shareholder value. This move is part of a broader strategy to restructure its business portfolio and secure revenue from both existing and new ventures.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen234.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. has entered into a capital and business alliance with ULTIMATE CLASSIC INVESTMENT LLC, an investment firm backed by UAE royal family members, to strengthen its financial base and launch a blockchain-related business. This partnership aims to leverage UCI’s expertise in crypto asset management and Middle Eastern markets, with H.H. Sheikh Salem Khaled Humaid Mohamed Al Qasimi serving as an advisor, though the immediate financial impact is expected to be minor.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen234.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. has entered into a capital and business alliance with Sun* Inc. to strengthen their existing partnership. This agreement aims to utilize Sun* Inc.’s resources to enhance KLab’s mobile online game development, potentially leading to business growth and increased corporate value, although the immediate financial impact is expected to be minor.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen234.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. announced the completion of the large-scale exercise of its 19th series of Stock Acquisition Rights, issued in April 2024. This exercise, which concluded in November 2025, involved the issuance of 2,289,900 shares, representing 22.67% of the total issued rights. The successful completion of this exercise reflects the company’s strategic financial maneuvers and could potentially impact its market positioning and shareholder value.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen230.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. reported a decline in revenue and a significant loss for the third quarter of FY2025, with revenue dropping by 18.6% compared to the same period last year. The company also noted changes in its subsidiaries and adjustments in accounting policies, indicating ongoing strategic shifts and challenges in its financial performance.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen230.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.
KLab Inc. has completed a purchase of bitcoin as part of its management strategy to diversify and preserve long-term assets. This move reflects the company’s intention to explore crypto assets and blockchain technology, despite the inherent risks, and could impact its financial results based on market value assessments.
The most recent analyst rating on (JP:3656) stock is a Hold with a Yen230.00 price target. To see the full list of analyst forecasts on KLab Inc. stock, see the JP:3656 Stock Forecast page.