RAKUS Co., Ltd. (JP:3923)
:3923
Top Page
RAKUS Co., Ltd.
(3923)
Select Model
Select Model
Rating:74Outperform
Price Target:
¥836.00
▼(-19.62% Downside)
Action:UpgradedDate:02/27/26
The score is driven primarily by very strong financial performance (high growth, strong margins, low leverage, and strong cash flow). This is partially offset by weaker technicals (below key longer-term moving averages and negative MACD), while valuation is reasonable but not compelling due to the low dividend yield.
Positive Factors
Recurring SaaS Business Model
RAKUS’s core offering is subscription-based cloud software for back-office and customer operations, creating recurring revenue, predictable cash flows, and scalable unit economics. This model supports retention, upsell and steady revenue visibility over multiple quarters, underpinning durable growth and margin stability.
Negative Factors
Limited Public Guidance / Investor Communication
The absence of formal guidance or detailed earnings commentary reduces visibility for investors and analysts, making it harder to model forward performance. Over time this can increase perceived execution risk and limit transparency around strategic priorities, hindering long-term investor confidence.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring SaaS Business Model
RAKUS’s core offering is subscription-based cloud software for back-office and customer operations, creating recurring revenue, predictable cash flows, and scalable unit economics. This model supports retention, upsell and steady revenue visibility over multiple quarters, underpinning durable growth and margin stability.
Read all positive factors
RAKUS Co., Ltd. (3923) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥269.13B
Dividend Yield0.22%
Average Volume (3M)1.27M
Price to Earnings (P/E)28.5
Beta (1Y)1.05
Revenue Growth25.00%
EPS Growth62.07%
CountryJP
Employees2,561
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)9.11
Shares Outstanding360,666,600
10 Day Avg. Volume1,109,750
30 Day Avg. Volume1,271,623
Financial Highlights & Ratios
PEG Ratio0.50
Price to Book (P/B)16.49
Price to Sales (P/S)7.41
P/FCF Ratio46.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥950.00Price Target Upside-8.65% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)34.87
Revenue Forecast (FY)¥60.28B
RAKUS Co., Ltd. Business Overview & Revenue Model
Company Description
Rakus Co., Ltd. provides cloud and IT outsourcing services. It offers cloud products, such as Raku Raku Seisan, Raku Raku Meisai, Mail Dealer, Raku Raku Hambai, Hai Hai Mail, and Blastmail, as well as dispatches IT engineers. The company was incor...
How the Company Makes Money
RAKUS primarily makes money by selling access to its cloud software products under recurring SaaS subscription arrangements. Revenue is generated from ongoing monthly/annual usage fees paid by client companies for the right to use the company’s ap...
RAKUS Co., Ltd. Financial Statement Overview
Summary
Income Statement
92
Very Positive
Balance Sheet
85
Very Positive
Cash Flow
88
Very Positive
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 51.77B | 48.90B | 38.41B | 27.40B | 20.63B | 15.39B |
| Gross Profit | 38.60B | 36.31B | 27.62B | 18.78B | 14.03B | 10.36B |
| EBITDA | 12.70B | 11.32B | 6.44B | 2.23B | 2.14B | 4.36B |
| Net Income | 9.47B | 8.00B | 4.18B | 1.27B | 1.08B | 2.94B |
Balance Sheet | ||||||
| Total Assets | 28.42B | 31.65B | 21.23B | 14.07B | 11.70B | 11.47B |
| Cash, Cash Equivalents and Short-Term Investments | 10.26B | 11.37B | 7.01B | 5.99B | 4.86B | 6.04B |
| Total Debt | 0.00 | 216.00M | 970.00M | 36.00M | 40.00M | 0.00 |
| Total Liabilities | 6.77B | 9.68B | 7.88B | 4.52B | 3.08B | 3.63B |
| Stockholders Equity | 21.64B | 21.98B | 13.35B | 9.55B | 8.62B | 7.84B |
Cash Flow | ||||||
| Free Cash Flow | 1.35B | 7.74B | 4.47B | 1.54B | -424.00M | 3.95B |
| Operating Cash Flow | 1.69B | 9.01B | 5.29B | 2.17B | -11.00M | 4.27B |
| Investing Cash Flow | -674.00M | -3.46B | -4.86B | -699.00M | -877.00M | -432.52M |
| Financing Cash Flow | -401.50M | -1.18B | 579.00M | -348.00M | -295.00M | -303.85M |
RAKUS Co., Ltd. Technical Analysis
Negative
1040.00
Price Trends
836.82
Negative
981.53
Negative
1106.47
Negative
Market Momentum
-29.40
Positive
40.85
Neutral
17.90
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3923, the sentiment is Negative. The current price of 1040 is above the 20-day moving average (MA) of 796.86, above the 50-day MA of 836.82, and below the 200-day MA of 1106.47, indicating a bearish trend. The MACD of -29.40 indicates Positive momentum. The RSI at 40.85 is Neutral, neither overbought nor oversold. The STOCH value of 17.90 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3923.
RAKUS Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥87.83B | 19.07 | ― | 2.32% | 5.09% | 26.12% | |
74 Outperform | ¥269.13B | 28.54 | ― | 0.22% | 25.00% | 62.07% | |
73 Outperform | ¥184.60B | 9.34 | ― | 2.55% | 10.98% | 8.65% | |
68 Neutral | ¥26.98B | 11.13 | ― | 4.36% | 12.32% | 10.42% | |
66 Neutral | ¥167.38B | 15.99 | 18.89% | 2.78% | 11.90% | 60.66% | |
65 Neutral | ¥30.93B | 10.75 | 10.34% | 4.82% | -3.03% | 38.83% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
JP:3923
RAKUS Co., Ltd.
746.20
-272.30
-26.74%
JP:9682
DTS
1,053.00
25.29
2.46%
JP:4725
CAC Holdings Corporation
1,832.00
-117.18
-6.01%
JP:3393
Startia Holdings,Inc.
2,722.00
528.11
24.07%
JP:9746
TKC Corporation
3,700.00
-141.34
-3.68%
JP:9889
JBCC Holdings Inc.
1,263.00
138.74
12.34%
RAKUS Co., Ltd. Corporate Events
RAKUS Posts Double-Digit February Sales Growth on Expanding Cloud and Recurring Revenue
Mar 13, 2026
RAKUS Co., Ltd. reported consolidated monthly sales of 5,271 million yen for February 2026, up 18.9% year on year, indicating continued strong growth across its operations. Cloud business sales rose to 4,580 million yen, an 18.6% increase, with mo...
RAKUS Completes ¥5 Billion Share Buyback and Sets Cancellation to Cut Float
Mar 2, 2026
RAKUS Co., Ltd. has completed a share buyback program authorized by its board on February 13, 2026, acquiring 6,275,600 common shares through market purchases on the Tokyo Stock Exchange between February 16 and 27 for approximately 5.0 billion yen...
RAKUS Maintains Double-Digit Growth in January FY2026 Sales
Feb 13, 2026
RAKUS reported consolidated monthly sales of ¥5,247 million for January in fiscal 2026, up 20.5% year on year, signaling continued strong top-line growth. Cloud business sales rose 20.4% to ¥4,531 million, with monthly recurring revenue ...
RAKUS Announces Q3 FY2026 Earnings and Updates Full-Year Outlook
Feb 13, 2026
RAKUS Co., Ltd. released its earnings results for the third quarter of the fiscal year ending March 2026, covering performance in its consolidated operations. The disclosure outlines the status of its cloud business, IT outsourcing segment, key bu...
RAKUS Delivers Strong Nine-Month Earnings Surge and Confirms Full-Year Outlook
Feb 13, 2026
RAKUS Co., Ltd. reported strong results for the nine months ended December 31, 2025, with net sales rising 24.6% year on year to ¥44.3 billion and profit attributable to owners of parent jumping 71.7% to ¥9.6 billion. Operating and ordin...
RAKUS to Boost Treasury Stock with Gratuitous Share Acquisition from Former Director
Feb 13, 2026
RAKUS Co., Ltd. will gratuitously acquire 200,000 of its own common shares from former director Yoshifumi Matsushima, representing about 0.06% of its outstanding shares excluding treasury stock. The transaction, scheduled for February 16, 2026, in...
RAKUS Launches ¥5 Billion Share Buyback and Cancellation to Boost Capital Efficiency
Feb 13, 2026
RAKUS Co., Ltd. has announced that its board has approved the acquisition and subsequent cancellation of up to 8.8 million of its own common shares, representing 2.44% of outstanding shares, for a total cost of up to 5.0 billion yen. The buyback w...
RAKUS to Divest IT Outsourcing Subsidiary to BREXA as It Refocuses on Cloud Business
Feb 13, 2026
RAKUS Co., Ltd. has decided to transfer all shares of its wholly owned subsidiary RAKUS Partners Co., Ltd., an IT engineer dispatching business, to BREXA Technology Co., Ltd., a specialist in engineer dispatching and technical services. Following ...
RAKUS Posts Double-Digit December Sales Growth on Strong Cloud and Outsourcing Demand
Jan 19, 2026
RAKUS Co., Ltd. reported strong consolidated monthly sales for December 2025 in its FY2026 disclosure, with revenue reaching 5,239 million yen, up 24.2% year on year, driven mainly by continued expansion in its cloud business. Cloud business sales...
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.