Ateam Inc. (3662) AI Stock Analysis

• Market Cap: ¥20.48B
• Dividend Yield: 1.92%
• Average Volume (3M): 56.64K
• Price to Earnings (P/E): 17.7
• Beta (1Y): 0.86
• Revenue Growth: 0.63%
• EPS Growth: -1.84%
• Country: JP
• Employees: 813
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): 15.89
• Shares Outstanding: 18,811,134
• 10 Day Avg. Volume: 50,120
• 30 Day Avg. Volume: 56,636
• PEG Ratio: 2.84
• Price to Book (P/B): 2.78
• Price to Sales (P/S): 1.05
• P/FCF Ratio: 14.85
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: ¥1,224.00 ▲(6.62% Upside)

Ateam Inc.'s overall stock score is driven by its strong financial performance, characterized by solid profitability and a robust balance sheet. The technical analysis suggests potential short-term bearish trends, while the valuation indicates the stock is fairly valued with a reasonable P/E ratio and a modest dividend yield. The absence of earnings call data and corporate events did not impact the score.

Positive Factors

Profitability

Strong profitability with high gross margins indicates efficient cost management and a solid business model, supporting long-term financial health.

Balance Sheet Health

A low debt-to-equity ratio reflects financial stability, providing flexibility for future investments and resilience against market fluctuations.

Cash Generation

Strong cash generation enhances the company's ability to invest in growth opportunities, pay dividends, and reduce debt, supporting long-term sustainability.

Negative Factors

Revenue Growth

Stagnant revenue growth may indicate challenges in market expansion or product adoption, potentially limiting future profitability and competitive positioning.

Operational Efficiency

Low EBIT and EBITDA margins highlight potential inefficiencies in operations, which could impact profitability and competitiveness if not addressed.

Cash Flow Volatility

Volatility in cash flow can hinder strategic planning and investment, posing risks to financial stability and growth initiatives.

Ateam Inc. Business Overview & Revenue Model

Company Description

Ateam Inc. engages in entertainment, lifestyle support, and e-commerce businesses worldwide. The Entertainment Business segment plans, develops, and operates games and tool applications for smartphones and tablets. Its Lifestyle Support Business segment plans, develops, and operates comparison, information, e-commerce, and other websites primarily for daily living. The company's E-Commerce Business segment plans, develops, and operates e-commerce websites that handle various products, including an online bicycle store under the cyma name. Ateam Inc. was founded in 1997 and is headquartered in Nagoya, Japan.

How the Company Makes Money

Ateam Inc. generates revenue primarily through the sale of in-game purchases and advertisements within its mobile games. The company employs a freemium model where users can download games for free but are encouraged to make purchases for additional features, exclusive content, or enhancements. Additionally, Ateam Inc. collaborates with other companies for cross-promotional activities and partnerships, which help broaden its reach and user base. Revenue is also supplemented by strategic alliances and licensing agreements that enable the company to expand its offerings and capitalize on emerging market trends.

Ateam Inc. Financial Statement Overview

Summary

Ateam Inc. demonstrates strong profitability with high gross profit margins and improved net profit margins. The balance sheet is solid, with low leverage and a strong equity base. Cash flow generation is robust, although historical volatility in cash flows warrants attention. Overall, the company is financially stable with potential for growth, but operational efficiency improvements could enhance profitability further.

Income Statement

Ateam Inc. has shown a strong gross profit margin of over 85% in the latest year, indicating efficient cost management. The net profit margin has improved to 4.33%, reflecting better profitability compared to previous years. However, revenue growth has been stagnant, with a slight increase of 1.59% in the latest year. The EBIT and EBITDA margins are relatively low, suggesting room for improvement in operational efficiency.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.086, indicating a strong equity position and low financial leverage. Return on equity has improved to 11.44%, showcasing effective use of equity to generate profits. The equity ratio is robust, reflecting a solid financial structure with a high proportion of equity financing.

Cash Flow

Ateam Inc. has experienced significant growth in free cash flow, with a notable increase in the latest year. The operating cash flow to net income ratio is moderate, suggesting a reasonable conversion of income into cash. The free cash flow to net income ratio is high, indicating strong cash generation relative to net income. However, historical fluctuations in cash flow growth present potential risks.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	23.92B	23.92B	23.92B	27.55B	31.79B	31.25B
Gross Profit	20.52B	20.52B	20.37B	22.49B	23.33B	23.06B
EBITDA	1.65B	994.00M	1.31B	1.00B	-314.00M	1.15B
Net Income	1.04B	1.04B	953.00M	143.00M	-1.34B	877.00M
Balance Sheet
Total Assets	15.21B	15.21B	16.29B	13.86B	14.76B	15.75B
Cash, Cash Equivalents and Short-Term Investments	6.30B	6.30B	8.05B	5.99B	5.22B	6.04B
Total Debt	784.00M	784.00M	2.54B	0.00	0.00	0.00
Total Liabilities	6.04B	6.04B	6.02B	4.15B	4.88B	4.17B
Stockholders Equity	9.06B	9.06B	10.27B	9.70B	9.88B	11.58B
Cash Flow
Free Cash Flow	0.00	1.70B	751.00M	602.00M	-509.00M	130.00M
Operating Cash Flow	0.00	1.71B	808.00M	656.00M	-302.00M	451.00M
Investing Cash Flow	0.00	295.00M	-992.00M	420.00M	332.00M	440.00M
Financing Cash Flow	0.00	-3.71B	2.22B	-324.00M	-867.00M	-1.34B

Ateam Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1148.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3662, the sentiment is Positive. The current price of 1148 is above the 20-day moving average (MA) of 1147.15, above the 50-day MA of 1122.10, and above the 200-day MA of 1105.87, indicating a bullish trend. The MACD of 11.73 indicates Positive momentum. The RSI at 51.42 is Neutral, neither overbought nor oversold. The STOCH value of 49.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3662.

Ateam Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5139	75 Outperform	¥21.11B	22.51	―	―	28.90%	29.06%
2477	73 Outperform	¥20.35B	18.74	―	1.21%	8.09%	8.53%
5243	73 Outperform	¥26.85B	91.85	―	―	22.37%	655.34%
3662	70 Outperform	¥20.48B	17.74	―	1.92%	0.63%	-1.84%
6562	63 Neutral	¥12.11B	12.62	―	―	33.34%	-25.08%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%

Ateam Inc. Corporate Events

Ateam Holdings Reports FY2026 Q1 Results and Strategic Moves

Ateam Holdings Co., Ltd. reported a slight decline in revenue and adjusted EBITDA for FY2026 Q1, aligning with expectations. The company acquired SiGNITY, Inc. to enhance customer acquisition and cross-selling capabilities. Additionally, Ateam completed the transfer of shares of Ateam Finergy Inc. to optimize its business portfolio. Ateam is also co-developing a new smartphone game with Sanrio Company, Ltd., expanding its multimedia project offerings.

Ateam Holdings Reports Q3 2025 Financial Results with Increased Profitability

Ateam Holdings Co., Ltd. reported its consolidated financial results for the three months ending October 31, 2025, showing a slight decline in revenue by 2.6% compared to the previous year. Despite this, the company experienced a significant increase in net income attributable to shareholders, which rose by 128.2%, indicating improved profitability. The company also announced its dividend forecast for the fiscal year ending July 31, 2026, with an expected total dividend of 28.00 JPY per share, reflecting a commitment to returning value to shareholders.

Ateam Holdings Asserts Independence from Controlling Shareholder

Ateam Holdings Co., Ltd. has announced that its controlling shareholder, HAYASHI FAMILY INC., holds 29.7% of its voting rights. Despite this significant ownership, Ateam Holdings asserts its operational independence, as there are no business partnerships or influence from the parent company on its management policy. This announcement reinforces Ateam Holdings’ commitment to maintaining its autonomy and ensuring that its business activities remain unaffected by its controlling shareholder.

Ateam Holdings Acquires SiGNITY to Boost Digital Marketing Services

Ateam Holdings Co., Ltd. announced its acquisition of SiGNITY, Inc., making it a consolidated subsidiary to strengthen its digital marketing capabilities. This strategic move aligns with Ateam’s medium-term business plan to integrate services that create synergies and expand its client base. SiGNITY’s innovative marketing services, such as PUSH ONE and Smartphone Lock Screen Advertising, are expected to enhance Ateam’s offerings and provide a competitive edge in the digital marketing space.