Want to see JP:3657 full AI Analyst Report?
Top Page
Pole To Win Holdings.Inc.
(3657)
Select Model
Select Model
Rating:53Neutral
Price Target:
¥339.00
▲(3.99% Upside)
Action:Reiterated
Date:08/06/26
The score is held back primarily by deteriorating fundamentals (loss-making FY2026, higher leverage, and negative free cash flow). This is partially offset by favorable technical momentum (price above key moving averages with positive MACD) and a high dividend yield, though the negative P/E reflects ongoing earnings weakness.
Positive Factors
Recurring outsourced services across game lifecycle
Pole To Win's core model is outsourced QA, localization and live-support for games — a services-led, recurring revenue model. Such outsourcing relationships tend to be contractually sticky, support predictable capacity needs, and sustain revenue streams across development and live-ops cycles over months.
Negative Factors
Revenue decline and swing to loss
A falling top line combined with a material margin swing erodes scale benefits and reduces reinvestment capacity. Persistent revenue contraction and negative margins compromise ability to retain talent, invest in tools or pricing competitiveness, and raise risk that recovery will be slow over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring outsourced services across game lifecycle
Pole To Win's core model is outsourced QA, localization and live-support for games — a services-led, recurring revenue model. Such outsourcing relationships tend to be contractually sticky, support predictable capacity needs, and sustain revenue streams across development and live-ops cycles over months.
Read all positive factors
Pole To Win Holdings.Inc. (3657) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥11.77B
Dividend Yield4.8%
Average Volume (3M)103.92K
Price to Earnings (P/E)―
Beta (1Y)0.92
Revenue Growth-10.76%
EPS Growth-199.88%
CountryJP
Employees2,953
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)-76.08
Shares Outstanding38,156,000
10 Day Avg. Volume84,110
30 Day Avg. Volume103,923
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.33
Price to Sales (P/S)0.23
P/FCF Ratio-34.81
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)19.8
Revenue Forecast (FY)¥47.00B
Pole To Win Holdings.Inc. Business Overview & Revenue Model
Company Description
Pole To Win Holdings, Inc., together with its subsidiaries, engages in the testing/verification and evaluation, and Internet supporting businesses in Japan and internationally. The company offers testing, customer support, localization, and suppor...
How the Company Makes Money
null...
Pole To Win Holdings.Inc. Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
45
Neutral
Cash Flow
32
Negative
| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 47.32B | 48.84B | 52.23B | 46.72B | 39.93B | 34.25B |
| Gross Profit | 11.00B | 11.19B | 11.61B | 10.70B | 11.05B | 9.72B |
| EBITDA | 1.15B | 1.06B | 2.15B | 1.59B | 3.76B | 4.20B |
| Net Income | -2.69B | -3.48B | -692.47M | -1.92B | 795.11M | 2.22B |
Balance Sheet | ||||||
| Total Assets | 21.32B | 22.33B | 28.44B | 24.44B | 27.46B | 22.58B |
| Cash, Cash Equivalents and Short-Term Investments | 6.71B | 6.99B | 7.01B | 7.84B | 11.19B | 9.74B |
| Total Debt | 7.60B | 7.60B | 7.11B | 5.04B | 3.87B | 299.78M |
| Total Liabilities | 13.26B | 13.91B | 16.00B | 11.00B | 9.77B | 4.96B |
| Stockholders Equity | 8.05B | 8.42B | 12.44B | 13.44B | 17.68B | 17.62B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -321.01M | 171.08M | -752.95M | 1.11B | 1.27B |
| Operating Cash Flow | 0.00 | 385.54M | 919.70M | 847.94M | 1.92B | 1.84B |
| Investing Cash Flow | 0.00 | -282.13M | -3.18B | -2.88B | -2.56B | -2.66B |
| Financing Cash Flow | 0.00 | 12.83M | 1.25B | -1.51B | 2.01B | -659.83M |
Pole To Win Holdings.Inc. Technical Analysis
Positive
326.00
Price Trends
313.35
Positive
303.56
Positive
306.84
Positive
Market Momentum
5.59
Positive
66.46
Neutral
40.58
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3657, the sentiment is Positive. The current price of 326 is below the 20-day moving average (MA) of 329.86, above the 50-day MA of 313.35, and above the 200-day MA of 306.84, indicating a bullish trend. The MACD of 5.59 indicates Positive momentum. The RSI at 66.46 is Neutral, neither overbought nor oversold. The STOCH value of 40.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3657.
Pole To Win Holdings.Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ¥11.11B | 15.05 | ― | 0.59% | 15.68% | 61.00% | |
67 Neutral | ¥19.85B | 28.08 | ― | 2.13% | -5.40% | -37.51% | |
66 Neutral | ¥11.65B | 20.96 | ― | 0.71% | ― | ― | |
64 Neutral | ¥16.33B | 14.24 | ― | 2.36% | -2.06% | 87.62% | |
63 Neutral | ¥8.71B | 14.20 | ― | 0.95% | 10.61% | -0.98% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
53 Neutral | ¥11.77B | -4.38 | ― | 5.03% | -10.76% | -199.88% |
* Technology Sector Average
JP:3657
Pole To Win Holdings.Inc.
336.00
-18.33
-5.17%
JP:3676
DIGITAL HEARTS HOLDINGS Co., Ltd.
903.00
-59.51
-6.18%
JP:3979
Uluru Co., Ltd.
399.00
21.29
5.64%
JP:4055
T&S, Inc.
1,510.00
280.76
22.84%
JP:4442
VALTES HOLDINGS CO. LTD.
409.00
-25.17
-5.80%
JP:6050
E-Guardian Inc.
1,702.00
-297.55
-14.88%
Pole To Win Holdings.Inc. Corporate Events
Pole To Win Reaffirms Profit Focus and Second-Half Skew in FY 1/2027 Outlook
Jul 31, 2026
Pole To Win Holdings has released a detailed QA addressing investor concerns following its first-quarter results for the fiscal year ending January 2027, emphasizing a shift into a renewed growth phase after restructuring-related profit deteriorat...
Pole To Win Merges Subsidiaries to Sharpen Focus on Core QA Services
Jul 28, 2026
Pole To Win Holdings will merge its consolidated subsidiaries Pole To Win, Inc. and ADOOR Inc. via an absorption-type merger, with Pole To Win as the surviving entity and ADOOR dissolved, effective November 1, 2026, subject to scheduled approvals....
Pole To Win’s Q1 Profit Surges on Restructuring Gains and Strong Gaming Demand
Jun 12, 2026
Pole To Win Holdings reported that first-quarter operating profit for the fiscal year ending January 2027 is progressing strongly toward its first-half forecast, while ordinary profit and net income have already met those targets, aided by foreign...
Pole To Win Holdings Outlines Q1 FY1/2027 Results Framework and Guidance
Jun 12, 2026
Pole To Win Holdings released supplementary information for its first-quarter results for the fiscal year ending January 31, 2027, outlining financial performance, full-year earnings forecasts, basic management policy, and appendices. The document...
Pole To Win Swings Back to Profit Despite Lower Sales, Keeps Dividend Outlook
Jun 12, 2026
Pole To Win Holdings reported that net sales for the three months ended April 30, 2026 fell 11.9% year on year to ¥11.24 billion, but the company returned to profitability with operating profit of ¥266 million and profit attributable to ...
Pole To Win Tightens Internal Controls and Governance Framework
May 18, 2026
Pole To Win Holdings, Inc. has approved partial revisions to its Basic Policy on Internal Control Systems, reinforcing governance structures across the group. The Board of Directors, Audit and Supervisory Committee, and equivalent bodies at group ...
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.