CELSYS, Inc. (JP:3663)
:3663
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CELSYS, Inc.
(3663)
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Rating:63Neutral
Price Target:
¥1,564.00
▼(-6.12% Downside)
Action:DowngradedDate:02/18/26
Strong financial performance (high profitability, debt-free balance sheet, solid cash conversion) supports the score, but it is materially tempered by very weak technicals (trading well below key moving averages with deeply bearish momentum). Valuation is mixed: a moderate P/E is partially offset by a solid dividend yield.
Positive Factors
Debt-free balance sheet
Zero reported debt materially lowers refinancing and solvency risk and gives management durable financial flexibility to fund R&D, product development, or opportunistic M&A without increasing leverage. It preserves operating freedom and cushions cash-flow variability across cycles.
Negative Factors
Uneven revenue growth
Intermittent top-line performance and year-to-year swings reduce predictability of future cash flows and complicate multi-year planning. Persistent uneven growth can constrain consistent R&D or go-to-market investments and makes long-term revenue forecasting and budgeting harder for management.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt materially lowers refinancing and solvency risk and gives management durable financial flexibility to fund R&D, product development, or opportunistic M&A without increasing leverage. It preserves operating freedom and cushions cash-flow variability across cycles.
Read all positive factors
CELSYS, Inc. (3663) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥50.73B
Dividend Yield2.06%
Average Volume (3M)138.18K
Price to Earnings (P/E)30.2
Beta (1Y)0.82
Revenue Growth15.45%
EPS Growth-9.67%
CountryJP
Employees253
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)10.73
Shares Outstanding34,771,180
10 Day Avg. Volume125,220
30 Day Avg. Volume138,176
Financial Highlights & Ratios
PEG Ratio1.22
Price to Book (P/B)11.71
Price to Sales (P/S)5.36
P/FCF Ratio19.87
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)77.5
Revenue Forecast (FY)¥10.30B
CELSYS, Inc. Business Overview & Revenue Model
Company Description
CELSYS, Inc. engages in content production and distribution. It operates through the Service of Creators and User Interface or User Experience (UI or UX) business divisions. The Service of Creators division provides illustration, comic, and animat...
How the Company Makes Money
CELSYS primarily makes money by selling and licensing its creative software and associated services, centered on CLIP STUDIO PAINT. Key revenue streams include: (1) Software sales and subscriptions: revenue from end users and professionals who pur...
CELSYS, Inc. Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
90
Very Positive
Cash Flow
84
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.88B | 9.47B | 8.20B | 8.09B | 7.54B | 6.89B |
| Gross Profit | 5.13B | 5.80B | 4.54B | 3.91B | 4.16B | 3.63B |
| EBITDA | 2.97B | 3.65B | 2.80B | 2.13B | 2.32B | 2.33B |
| Net Income | 1.33B | 1.68B | 1.40B | 626.43M | 1.05B | 1.22B |
Balance Sheet | ||||||
| Total Assets | 8.39B | 7.91B | 8.43B | 8.56B | 10.22B | 8.44B |
| Cash, Cash Equivalents and Short-Term Investments | 5.50B | 4.09B | 5.39B | 5.60B | 6.78B | 5.73B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.84B | 3.58B | 3.01B | 1.90B | 2.00B | 1.87B |
| Stockholders Equity | 5.55B | 4.33B | 5.42B | 6.59B | 8.22B | 6.58B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 2.55B | 3.70B | 1.51B | 501.49M | 1.21B |
| Operating Cash Flow | 0.00 | 2.62B | 3.73B | 2.34B | 1.55B | 1.97B |
| Investing Cash Flow | 0.00 | -901.51M | -1.65B | -1.47B | -1.03B | -473.51M |
| Financing Cash Flow | 0.00 | -3.02B | -2.30B | -2.12B | 490.54M | 1.28B |
CELSYS, Inc. Technical Analysis
Positive
1666.00
Price Trends
1362.44
Positive
1494.16
Negative
1579.44
Negative
Market Momentum
16.19
Negative
64.40
Neutral
94.47
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3663, the sentiment is Positive. The current price of 1666 is above the 20-day moving average (MA) of 1357.40, above the 50-day MA of 1362.44, and above the 200-day MA of 1579.44, indicating a neutral trend. The MACD of 16.19 indicates Negative momentum. The RSI at 64.40 is Neutral, neither overbought nor oversold. The STOCH value of 94.47 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3663.
CELSYS, Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ¥50.69B | 9.37 | ― | 2.81% | 4.47% | 11.37% | |
71 Outperform | ¥7.89B | 42.58 | ― | ― | 11.35% | 160.35% | |
66 Neutral | ¥4.89B | 21.99 | ― | ― | 7.60% | 19.13% | |
63 Neutral | ¥50.73B | 30.20 | ― | 2.06% | 15.45% | -9.67% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
52 Neutral | ¥3.62B | -2.76 | ― | ― | 1.78% | -125.35% |
* Technology Sector Average
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CELSYS, Inc. Corporate Events
CELSYS hits record ARR on strong Clip Studio Paint Ver. 5.0 launch
Apr 7, 2026
CELSYS reported strong March 2026 operating metrics driven by the major Clip Studio Paint Ver. 5.0 update, which was well received by users globally. Sales of the new version exceeded 150% of the company’s initial plan, and subscription addi...
CELSYS to Grant Restricted Stock via Disposal of Treasury Shares
Mar 30, 2026
CELSYS has approved the disposal of 37,800 treasury shares, worth about ¥51.48 million, to directors and employees under its restricted stock compensation plan. The move is part of a broader scheme, authorized by shareholders, to issue or dis...
CELSYS to Cancel 1.5 Million Treasury Shares to Lift Capital Efficiency
Mar 6, 2026
CELSYS, Inc. has resolved to cancel 1,500,000 of its own common shares, equivalent to 4.14% of its total issued shares, in a move aimed at boosting capital efficiency and reinforcing shareholder returns. The cancellation, scheduled for March 16, 2...
CELSYS Hits Record ARR as Clip Studio Paint Subscription Growth Accelerates
Mar 6, 2026
CELSYS reported that annual recurring revenue from subscriptions to its flagship Clip Studio Paint software hit a record high in February 2026, with the three-month moving average ARR reaching approximately ¥5.6 billion. The continued rise in...
CELSYS Flags Strong Board Performance, Sets Governance Enhancements After Effectiveness Review
Feb 13, 2026
CELSYS has completed an evaluation of its Board of Directors’ effectiveness, using a detailed questionnaire covering board composition, operations, strategy oversight, financial monitoring, and director appointments and compensation. The rev...
CELSYS Posts Strong 2025 Earnings and Raises Dividend as It Signals Further Growth for 2026
Feb 13, 2026
CELSYS reported a strong increase in non-consolidated net sales for the year to December 31, 2025, with revenue rising 32.6% to ¥9.47 billion and operating profit up 4.2% to ¥2.97 billion, while net profit surged 74.4% to ¥1.68 bill...
CELSYS Sees Profit Targets Reached Early Under Medium-Term Plan
Feb 13, 2026
CELSYS, Inc. reports that business operations and net sales are progressing broadly in line with its Medium-Term Management Plan for 2025–2027, with net sales expected to reach 10.7 billion yen and return on equity to stay at or above 30%. T...
CELSYS Hits Record Subscription ARR and Revenue in January 2026
Feb 6, 2026
CELSYS reported that in January 2026 both annual recurring revenue from Clip Studio Paint subscriptions and overall company revenue reached record highs, with ARR for the flagship product hitting approximately ¥5.5 billion on a three-month mo...
CELSYS Hits Record ARR and Revenue as Clip Studio Paint Subscriptions Surge
Jan 13, 2026
CELSYS reported record-high performance in December 2025, with Clip Studio Paint subscription annual recurring revenue (ARR) rising to approximately ¥5.45 billion, alongside all-time highs in total company revenue and new subscriber acquisiti...
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.