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KAYAC, Inc. (JP:3904)
:3904
Japanese Market
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KAYAC, Inc. (3904) Price & Analysis

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3904 Stock Chart & Stats

¥411.00
-¥5.00(-1.21%)
At close: 4:00 PM EDT
¥411.00
-¥5.00(-1.21%)

Bulls Say, Bears Say

Bulls Say
Gross Margin StabilitySustained ~53–54% gross margins indicate durable unit economics for KAYAC's digital and game-related services. High gross margins provide structural cushioning against operating cost swings, support reinvestment in content and product development, and underpin long-term profitability resilience.
Revenue RecoveryA clear revenue rebound in 2025 shows the business can restore top-line growth after a downturn, demonstrating market relevance and demand for its services. Durable revenue momentum improves planning for product investment and supports gradual margin recovery if sustained over multiple periods.
Manageable Leverage And Improving ReturnsManageable debt levels with growing equity and a notable ROE improvement reflect improving capital efficiency and balance-sheet resilience. This strengthens long-term financial flexibility to fund growth or weather cycles without excessive refinancing risk, supporting durable operational plans.
Bears Say
Inconsistent Cash ConversionVolatile cash conversion limits reliable internal funding for capex, content investment, and shareholder returns. FCF covering only ~50% of net income suggests earnings quality and working-capital dynamics remain unstable, increasing execution and financing risk over the medium term.
Low Net MarginsModest net margins leave limited buffer for cost increases or adverse revenue mix shifts. Until margins approach historical stronger levels, profitability remains sensitive to operating cost pressure, constraining the company's ability to consistently fund growth and absorb shocks.
Rising Debt TrendAn upward trend in indebtedness reduces conservative financial posture and raises refinancing and interest-rate exposure. Even with current leverage manageable, a rising debt trajectory can limit strategic optionality and increase vulnerability if cash generation falters again.

3904 FAQ

What was KAYAC, Inc.’s price range in the past 12 months?
KAYAC, Inc. lowest stock price was ¥374.00 and its highest was ¥606.00 in the past 12 months.
    What is KAYAC, Inc.’s market cap?
    KAYAC, Inc.’s market cap is ¥6.62B.
      When is KAYAC, Inc.’s upcoming earnings report date?
      KAYAC, Inc.’s upcoming earnings report date is Aug 14, 2026 which is in 16 days.
        How were KAYAC, Inc.’s earnings last quarter?
        KAYAC, Inc. released its earnings results on May 14, 2026. The company reported ¥12.02 earnings per share for the quarter, beating the consensus estimate of N/A by ¥12.02.
          Is KAYAC, Inc. overvalued?
          According to Wall Street analysts KAYAC, Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does KAYAC, Inc. pay dividends?
            KAYAC, Inc. pays a Annually dividend of ¥3.9 which represents an annual dividend yield of 0.94%. See more information on KAYAC, Inc. dividends here
              What is KAYAC, Inc.’s EPS estimate?
              KAYAC, Inc.’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does KAYAC, Inc. have?
              KAYAC, Inc. has 16,108,800 shares outstanding.
                What happened to KAYAC, Inc.’s price movement after its last earnings report?
                KAYAC, Inc. reported an EPS of ¥12.02 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 2.975%.
                  Which hedge fund is a major shareholder of KAYAC, Inc.?
                  Currently, no hedge funds are holding shares in JP:3904
                  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

                    KAYAC, Inc.

                    KAYAC Inc. is a Japanese company primarily focused on the gaming industry. It manages various platforms, including Lobi, a community for gamers, and Tonamel, a system that assists organizers with managing tournaments. The company also supports esports through its Well Played brand, providing services such as event planning, management, distribution, and production. In addition to its gaming ventures, KAYAC offers Pla-cole, a matching service connecting couples with wedding planners, alongside other diverse services encompassing home funerals, real estate, and trading. The company was founded in 1998 and is headquartered in Kamakura, Japan.

                    KAYAC, Inc. (3904) Earnings & Revenues

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