Low Financial LeverageReported zero total debt in 2024–2025 meaningfully reduces insolvency and interest-rate risk. Over a multi-month horizon, low leverage preserves financial flexibility to refinance, restructure, or invest, giving management time to address operating losses without immediate debt pressure.

Positive Equity CushionA roughly ¥1.01B equity base provides a cushion against continued losses and supports balance-sheet stability. This capital buffer can absorb further operating deficits, enabling strategic repositioning or product investment over the next several months without forcing immediate emergency financing.

Relatively Stable Gross MarginGross margins holding around mid-single digits show some resilience in core product economics despite shrinking sales. If management can reduce operating costs or restore top-line scale, the steady gross margin offers a clearer path to recovering operating profitability over a sustained 2–6 month turnaround plan.

Bears Say

Multi-year Revenue DeclineRevenue has fallen materially over multiple years, halving from 7.29B in 2021 to 2.90B in 2025. Persistent top-line contraction signals loss of market share or weakening product demand, undermining operating leverage and making sustained recovery harder without new products or channels.

Structural UnprofitabilityConsistent negative operating and net margins indicate the business is not covering fixed and operating costs at current scale. Over months, persistent unprofitability erodes retained earnings and limits capacity to invest in growth or R&D without external capital or drastic cost restructuring.

Persistent Negative Cash FlowNegative operating and free cash flow each year, worsening to about -0.57B OCF in 2025, creates ongoing funding needs. Continued cash burn increases reliance on financing or asset sales and constrains strategic options, posing a material structural risk over the coming months if cash generation isn't restored.

3672 FAQ

What was AltPlus Inc.’s price range in the past 12 months?

AltPlus Inc. lowest stock price was ¥38.00 and its highest was ¥114.00 in the past 12 months.

What is AltPlus Inc.’s market cap?

AltPlus Inc.’s market cap is ¥3.42B.

When is AltPlus Inc.’s upcoming earnings report date?

AltPlus Inc.’s upcoming earnings report date is May 07, 2026 which is in 58 days.

How were AltPlus Inc.’s earnings last quarter?

AltPlus Inc. released its earnings results on Feb 12, 2026. The company reported -¥3.14 earnings per share for the quarter, missing the consensus estimate of N/A by -¥3.14.

Is AltPlus Inc. overvalued?

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

Does AltPlus Inc. pay dividends?

AltPlus Inc. pays a Notavailable dividend of ¥13.75 which represents an annual dividend yield of N/A. See more information on AltPlus Inc. dividends here

What is AltPlus Inc.’s EPS estimate?

AltPlus Inc.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does AltPlus Inc. have?

AltPlus Inc. has 81,555,230 shares outstanding.

What happened to AltPlus Inc.’s price movement after its last earnings report?

AltPlus Inc. reported an EPS of -¥3.14 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 4.255%.

Which hedge fund is a major shareholder of AltPlus Inc.?

Currently, no hedge funds are holding shares in JP:3672

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

AltPlus Inc.

AltPlus Inc. engages in the planning, development, and operation of social games. It is also involved in IT service development and operation support. AltPlus Inc. was founded in 2010 and is headquartered in Tokyo, Japan.