CyberStep, Inc. (JP:3810)
:3810
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CyberStep, Inc.
(3810)
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Rating:39Underperform
Price Target:
¥249.00
▼(-9.45% Downside)
Action:DowngradedDate:02/21/26
The score is driven down primarily by weak financial performance (declining revenue, ongoing losses, and negative cash flows). Technicals also remain bearish with the stock below key moving averages and negative MACD, despite oversold readings. Valuation provides limited support given negative earnings and no dividend yield data.
Positive Factors
Free-to-play recurring monetization
CyberStep's core free-to-play model generates recurring revenues via virtual-item sales and event-driven monetization. Structurally, this allows revenue to scale with engagement rather than new-unit sales, enabling high margin digital monetization and predictable top-line drivers if player retention and live-ops execution remain effective.
Negative Factors
Sustained revenue decline
A multi-year revenue decline signals structural challenges in player acquisition, retention, or monetization. Lower scale reduces gross profit dollars, weakens margins, and constrains reinvestment in content. Without a durable reversal in user engagement or new successful titles, growth prospects remain impaired.
Read all positive and negative factors
Positive Factors
Negative Factors
Free-to-play recurring monetization
CyberStep's core free-to-play model generates recurring revenues via virtual-item sales and event-driven monetization. Structurally, this allows revenue to scale with engagement rather than new-unit sales, enabling high margin digital monetization and predictable top-line drivers if player retention and live-ops execution remain effective.
Read all positive factors
CyberStep, Inc. (3810) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥16.56B
Dividend YieldN/A
Average Volume (3M)391.75K
Price to Earnings (P/E)―
Beta (1Y)0.82
Revenue Growth-15.04%
EPS Growth25.50%
CountryJP
Employees264
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)-18.80
Shares Outstanding69,013,084
10 Day Avg. Volume410,600
30 Day Avg. Volume391,750
Financial Highlights & Ratios
PEG Ratio0.27
Price to Book (P/B)8.08
Price to Sales (P/S)1.76
P/FCF Ratio-2.15
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)N/A
CyberStep, Inc. Business Overview & Revenue Model
Company Description
CyberStep, Inc. (3810) is a Japanese company that specializes in the development and publishing of online games and entertainment software. Operating primarily in the gaming sector, CyberStep is known for its engaging titles across various platfor...
How the Company Makes Money
CyberStep’s primary revenue comes from operating free-to-play games in which users can play at no upfront cost and the company monetizes engagement through in-game purchases. Key revenue streams include (1) sale of virtual items and digital conten...
CyberStep, Inc. Financial Statement Overview
Summary
Income Statement
30
Negative
Balance Sheet
40
Negative
Cash Flow
25
Negative
| Breakdown | May 2024 | May 2023 | May 2022 | May 2021 | May 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.50B | 2.99B | 4.06B | 7.42B | 12.19B |
| Gross Profit | 1.27B | 1.66B | 2.58B | 5.43B | 9.71B |
| EBITDA | -2.14B | -1.52B | -1.30B | -1.95B | -946.40M |
| Net Income | -1.70B | -1.46B | -1.38B | -2.10B | -1.16B |
Balance Sheet | |||||
| Total Assets | 1.08B | 2.04B | 3.34B | 2.83B | 4.65B |
| Cash, Cash Equivalents and Short-Term Investments | 212.00M | 903.00M | 2.28B | 1.67B | 2.32B |
| Total Debt | 120.00M | 219.00M | 436.00M | 230.00M | 0.00 |
| Total Liabilities | 530.00M | 891.00M | 1.02B | 806.78M | 1.02B |
| Stockholders Equity | 546.00M | 1.15B | 2.19B | 2.03B | 3.62B |
Cash Flow | |||||
| Free Cash Flow | -2.05B | -1.45B | -1.22B | -1.24B | -365.50M |
| Operating Cash Flow | -2.05B | -1.44B | -1.19B | -1.24B | -115.70M |
| Investing Cash Flow | 1.22B | -60.00M | -223.00M | -56.00M | -436.94M |
| Financing Cash Flow | 697.00M | 82.00M | 1.79B | 688.00M | -85.92M |
CyberStep, Inc. Technical Analysis
Negative
275.00
Price Trends
264.24
Negative
291.88
Negative
318.05
Negative
Market Momentum
-3.09
Positive
41.62
Neutral
25.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3810, the sentiment is Negative. The current price of 275 is above the 20-day moving average (MA) of 257.95, above the 50-day MA of 264.24, and below the 200-day MA of 318.05, indicating a bearish trend. The MACD of -3.09 indicates Positive momentum. The RSI at 41.62 is Neutral, neither overbought nor oversold. The STOCH value of 25.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3810.
CyberStep, Inc. Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | ¥9.11B | 9.63 | ― | ― | 11.15% | ― | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
52 Neutral | ¥26.35B | -95.92 | ― | ― | -14.71% | -38.87% | |
48 Neutral | ¥11.18B | 137.85 | ― | ― | 16.70% | 87.76% | |
46 Neutral | ¥17.50B | 9.33 | ― | ― | -37.68% | ― | |
42 Neutral | ¥11.59B | 4.66 | ― | ― | 93.85% | -216.24% | |
39 Underperform | ¥16.56B | -4.05 | ― | ― | -15.04% | 25.50% |
* Communication Services Sector Average
JP:3810
CyberStep, Inc.
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gumi, Inc.
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Aiming, Inc.
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coly Inc.
2,031.00
684.00
50.78%
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.