V-cube, Inc. (JP:3681)
:3681
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V-cube
(3681)
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Rating:48Neutral
Price Target:
¥152.00
▲(16.03% Upside)
Action:ReiteratedDate:01/10/26
The score is held down primarily by weak financial performance (declining revenue, significant losses, and negative equity). Technicals are comparatively supportive with price strength above moving averages and a positive MACD, but an elevated RSI suggests momentum may be stretched. Valuation remains constrained due to loss-making results and a negative P/E.
Positive Factors
Recurring subscription revenue model
A subscription-led model provides durable revenue predictability and customer retention, supporting steady cash inflows and easier forecasting. Over 2–6 months this underpins ability to invest in platform improvements and upsell enterprise accounts, strengthening long-term customer lifetime value.
Negative Factors
Sustained revenue decline
A multiyear top-line decline signals structural demand weakness or market share loss, reducing the company's ability to absorb fixed costs and invest in product development. Persistent revenue contraction undermines prospects for margin recovery and long-term growth without strategic change.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring subscription revenue model
A subscription-led model provides durable revenue predictability and customer retention, supporting steady cash inflows and easier forecasting. Over 2–6 months this underpins ability to invest in platform improvements and upsell enterprise accounts, strengthening long-term customer lifetime value.
Read all positive factors
V-cube (3681) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥1.81B
Dividend YieldN/A
Average Volume (3M)112.55K
Price to Earnings (P/E)―
Beta (1Y)1.02
Revenue Growth-8.32%
EPS Growth71.98%
CountryJP
Employees372
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-84.33
Shares Outstanding26,343,900
10 Day Avg. Volume69,410
30 Day Avg. Volume112,550
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)-39.88
Price to Sales (P/S)0.46
P/FCF Ratio7.24
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)N/A
Revenue Forecast (FY)¥15.50B
V-cube Business Overview & Revenue Model
Company Description
V-cube, Inc. develops and provides visual communication services to enterprise customers. The company offers V-CUBE Meeting, a cloud-based Web conferencing service; V-CUBE Seminar, a Web seminar product for seminars, training, and information sess...
How the Company Makes Money
V-cube generates revenue primarily through subscription fees for its cloud-based services, which include video conferencing, online seminars, and virtual event platforms. The company also earns income from one-time service fees for custom solution...
V-cube Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
30
Negative
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.86B | 10.46B | 11.08B | 12.23B | 11.49B | 8.28B |
| Gross Profit | 3.52B | 3.95B | 4.64B | 5.42B | 5.31B | 3.87B |
| EBITDA | -77.86M | 960.49M | 1.27B | 1.94B | 2.58B | 1.96B |
| Net Income | -1.84B | -1.42B | -5.62B | 84.59M | 1.32B | 1.14B |
Balance Sheet | ||||||
| Total Assets | 10.94B | 10.48B | 12.33B | 16.89B | 15.44B | 10.03B |
| Cash, Cash Equivalents and Short-Term Investments | 1.07B | 1.01B | 1.39B | 1.70B | 1.82B | 2.77B |
| Total Debt | 7.21B | 7.89B | 8.66B | 7.89B | 7.48B | 3.49B |
| Total Liabilities | 9.69B | 10.46B | 11.58B | 10.90B | 10.34B | 6.21B |
| Stockholders Equity | 1.11B | -121.80M | 630.33M | 5.90B | 5.05B | 3.79B |
Cash Flow | ||||||
| Free Cash Flow | -1.14B | 671.00M | 588.78M | 1.18B | 1.39B | 1.95B |
| Operating Cash Flow | -1.01B | 815.79M | 990.96M | 1.83B | 2.09B | 1.98B |
| Investing Cash Flow | -11.00M | -422.99M | -1.92B | -2.40B | -5.97B | -935.46M |
| Financing Cash Flow | 548.69M | -809.73M | 562.40M | 290.31M | 2.83B | 950.76M |
V-cube Technical Analysis
Negative
131.00
Price Trends
135.06
Negative
131.58
Negative
143.84
Negative
Market Momentum
-3.59
Negative
41.61
Neutral
34.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3681, the sentiment is Negative. The current price of 131 is above the 20-day moving average (MA) of 122.95, below the 50-day MA of 135.06, and below the 200-day MA of 143.84, indicating a bearish trend. The MACD of -3.59 indicates Negative momentum. The RSI at 41.61 is Neutral, neither overbought nor oversold. The STOCH value of 34.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3681.
V-cube Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥6.25B | 21.40 | ― | 0.57% | 21.03% | 32.29% | |
67 Neutral | ¥9.04B | 11.67 | ― | 0.70% | 9.78% | -23.98% | |
66 Neutral | ¥4.49B | 21.99 | ― | ― | 7.60% | 19.13% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | ¥6.81B | 27.15 | ― | ― | 11.32% | ― | |
58 Neutral | ¥12.17B | 74.58 | ― | ― | 14.63% | -760.87% | |
48 Neutral | ¥1.81B | -2.68 | -233.58% | ― | -8.32% | 71.98% |
* Technology Sector Average
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V-cube Corporate Events
V-cube’s U.S. Subsidiary TEN Raises Capital as Parent Prepares to Deconsolidate Unit in 2026
Dec 30, 2025
V-cube, Inc. announced that its U.S. subsidiary TEN Holdings, Inc. has completed a new fundraising round of approximately US$2.25 million through the issuance of 991,000 new shares at US$2.27 per share, reducing V-cube’s voting rights in TEN...
V-cube Books ¥598 Million Extraordinary Gain From Sale of Investment Securities
Dec 29, 2025
V-cube, Inc. has decided to sell a portion of its investment securities, booking an extraordinary gain of 598 million yen on December 29, 2025, as part of a broader effort to improve asset efficiency and strengthen its financial structure. The gai...
V-cube Restructures Subsidiaries to Boost Telecube Business
Dec 17, 2025
V-cube, Inc. has announced a strategic business reorganization involving its subsidiary, Telecube, Inc., and its affiliate, Telecube Service Co., Ltd. The reorganization aims to strengthen V-cube’s competitive advantage by making Telecube, I...
V-cube Suspends Loan Repayments Amid Restructuring Efforts
Nov 28, 2025
V-cube, Inc. has announced a temporary suspension of loan repayments until March 2026, as part of its strategy to stabilize its financial base amidst restructuring efforts involving its U.S. subsidiary, TEN Holdings, Inc. This move is intended to ...
V-cube, Inc. Advances Toward Listing Compliance with Improved Net Assets
Nov 14, 2025
V-cube, Inc. announced progress in meeting the listing maintenance criteria for the Tokyo Stock Exchange’s Prime Market. After facing challenges due to impairment losses, the company has improved its net assets through the IPO of its subsidi...
V-cube Reports Significant Foreign Exchange Losses in Q3 2025
Nov 14, 2025
V-cube, Inc. has reported foreign exchange losses amounting to 17,013 thousand yen for the third quarter of the fiscal year ending December 31, 2025. These losses, primarily due to the revaluation of foreign currency-denominated assets and liabili...
V-cube Reports Decline in Financial Performance for 2025
Nov 14, 2025
V-cube, Inc. reported a decline in its financial performance for the nine months ended September 30, 2025, with net sales dropping by 7.5% and a significant decrease in adjusted EBITDA by 70.5%. The company experienced operating and ordinary losse...
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.