JIG-SAW INC. (JP:3914)
:3914
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JIG-SAW INC.
(3914)
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Rating:58Neutral
Price Target:
¥2,853.00
▲(6.06% Upside)
Action:ReiteratedDate:03/24/26
The score is supported by solid underlying financial performance (steady growth and healthy margins), but is held back by weak technicals (price below key moving averages and negative MACD) and a demanding valuation (high P/E with no dividend yield provided).
Positive Factors
Recurring subscription-based business model
A subscription and services revenue mix creates durable, recurring cash flows and higher customer lifetime value. For an IoT/cloud provider serving manufacturing, logistics and telecom, this supports predictable revenue, easier upsells, and long-term contract stickiness versus one-off projects.
Negative Factors
Sharp debt increase since 2023
The rapid rise in debt reduces financial optionality and raises interest and refinancing risk. If higher leverage funds growth rather than proven cash-generative projects, it can strain flexibility, limit strategic choices, and increase vulnerability to macro tightening or revenue setbacks.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring subscription-based business model
A subscription and services revenue mix creates durable, recurring cash flows and higher customer lifetime value. For an IoT/cloud provider serving manufacturing, logistics and telecom, this supports predictable revenue, easier upsells, and long-term contract stickiness versus one-off projects.
Read all positive factors
JIG-SAW INC. (3914) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥18.04B
Dividend YieldN/A
Average Volume (3M)19.04K
Price to Earnings (P/E)42.4
Beta (1Y)1.12
Revenue Growth3.17%
EPS Growth-16.66%
CountryJP
Employees178
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)17.89
Shares Outstanding6,751,000
10 Day Avg. Volume16,900
30 Day Avg. Volume19,040
Financial Highlights & Ratios
PEG Ratio-3.54
Price to Book (P/B)5.26
Price to Sales (P/S)4.89
P/FCF Ratio71.30
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
JIG-SAW INC. Business Overview & Revenue Model
Company Description
JIG-SAW INC. provides IoT based auto sensing and auto control services in Japan. It offers IoT big data control services; secure data and bidirectional control services in mobile edge computing; direct control of cells and living organisms through...
How the Company Makes Money
JIG-SAW INC. makes money primarily by offering subscription-based and customized cloud and IoT solutions to companies across various industries. The core revenue streams include fees for its cloud-based platforms tailored for system automation, Io...
JIG-SAW INC. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
72
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.50B | 3.63B | 3.47B | 3.24B | 3.05B | 2.69B |
| Gross Profit | 2.45B | 2.54B | 2.44B | 2.25B | 2.08B | 1.89B |
| EBITDA | 614.99M | 639.76M | 708.82M | 682.48M | 645.53M | 556.27M |
| Net Income | 371.90M | 418.23M | 478.73M | 459.63M | 408.12M | 336.33M |
Balance Sheet | ||||||
| Total Assets | 4.55B | 5.29B | 4.86B | 3.49B | 3.12B | 2.64B |
| Cash, Cash Equivalents and Short-Term Investments | 1.57B | 2.38B | 1.99B | 1.48B | 1.36B | 1.13B |
| Total Debt | 400.00M | 700.01M | 450.00M | 45.00M | 105.00M | 165.00M |
| Total Liabilities | 1.46B | 1.92B | 1.70B | 902.85M | 849.62M | 673.03M |
| Stockholders Equity | 3.09B | 3.37B | 3.15B | 2.59B | 2.27B | 1.97B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 248.60M | 421.41M | 511.32M | 502.77M | 344.13M |
| Operating Cash Flow | 0.00 | 458.51M | 618.82M | 517.12M | 506.91M | 449.82M |
| Investing Cash Flow | 0.00 | -88.64M | -540.55M | -118.99M | 3.71M | -134.66M |
| Financing Cash Flow | 0.00 | 13.66M | 410.21M | -259.94M | -246.11M | -65.25M |
JIG-SAW INC. Technical Analysis
Positive
2690.00
Price Trends
2520.30
Positive
2670.42
Positive
2655.61
Positive
Market Momentum
54.02
Negative
69.37
Neutral
97.83
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3914, the sentiment is Positive. The current price of 2690 is above the 20-day moving average (MA) of 2475.30, above the 50-day MA of 2520.30, and above the 200-day MA of 2655.61, indicating a bullish trend. The MACD of 54.02 indicates Negative momentum. The RSI at 69.37 is Neutral, neither overbought nor oversold. The STOCH value of 97.83 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3914.
JIG-SAW INC. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥16.63B | 21.91 | ― | 0.17% | 31.39% | 13.12% | |
68 Neutral | ¥20.66B | 9.96 | ― | ― | 17.93% | 91.21% | |
68 Neutral | ¥30.36B | 27.58 | ― | 0.39% | 30.59% | 65.14% | |
65 Neutral | ¥13.34B | 25.11 | ― | 0.91% | 15.28% | 60.07% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | ¥15.45B | 8.71 | ― | ― | ― | ― | |
58 Neutral | ¥18.04B | 42.38 | ― | ― | 3.17% | -16.66% |
* Technology Sector Average
JP:3914
JIG-SAW INC.
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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.