Mynet, Inc. (JP:3928)
:3928
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Mynet, Inc.
(3928)
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Rating:55Neutral
Price Target:
¥280.00
▼(-0.36% Downside)
Action:ReiteratedDate:03/24/26
The score is driven primarily by improving financial performance and a strong 2025 cash-flow year, but capped by thin margins, a 2025 revenue decline, and continued leverage risk. Technicals are currently weak with the stock below key short/mid-term moving averages, while valuation is supportive with a low-to-moderate P/E.
Positive Factors
Free Cash Flow Strength
Strong free cash flow in 2025 (FCF ≈ net income, operating cash ~803M) indicates the business can internally fund operations, support reinvestment in title maintenance, and pay down debt. Durable cash generation, if sustained, enables deleveraging, strategic investments and cushions cyclical gaming revenue swings.
Negative Factors
Elevated Leverage
Debt-to-equity near 1.41 leaves the company sensitive to earnings volatility; while trending better, leverage restrains financial flexibility for M&A, larger reinvestment or buybacks. In a sector with variable title performance, sustained high leverage increases refinancing and solvency risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Free Cash Flow Strength
Strong free cash flow in 2025 (FCF ≈ net income, operating cash ~803M) indicates the business can internally fund operations, support reinvestment in title maintenance, and pay down debt. Durable cash generation, if sustained, enables deleveraging, strategic investments and cushions cyclical gaming revenue swings.
Read all positive factors
Mynet, Inc. (3928) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥2.44B
Dividend YieldN/A
Average Volume (3M)24.17K
Price to Earnings (P/E)10.5
Beta (1Y)0.96
Revenue Growth-10.80%
EPS Growth-64.63%
CountryJP
Employees260
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)3.48
Shares Outstanding8,710,334
10 Day Avg. Volume20,020
30 Day Avg. Volume24,170
Financial Highlights & Ratios
PEG Ratio-1.37
Price to Book (P/B)1.57
Price to Sales (P/S)0.32
P/FCF Ratio2.98
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
Mynet, Inc. Business Overview & Revenue Model
Company Description
Mynet Inc. provides game services in Japan. It develops various games; and provides sports DX, marketing, and AI/data services. The company was incorporated in 2006 and is based in Tokyo, Japan....
Mynet, Inc. Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
48
Neutral
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.11B | 7.48B | 8.85B | 8.72B | 10.54B | 10.57B |
| Gross Profit | 3.44B | 3.35B | 3.55B | 3.33B | 3.70B | 4.29B |
| EBITDA | 248.35M | 414.18M | 490.00M | 219.49M | -1.15B | 693.98M |
| Net Income | 125.91M | 228.13M | 245.63M | 143.00M | -1.63B | 229.27M |
Balance Sheet | ||||||
| Total Assets | 4.69B | 4.69B | 4.84B | 3.74B | 4.36B | 5.83B |
| Cash, Cash Equivalents and Short-Term Investments | 2.45B | 2.37B | 2.39B | 1.53B | 1.98B | 3.50B |
| Total Debt | 2.13B | 2.15B | 2.39B | 1.47B | 2.09B | 1.90B |
| Total Liabilities | 2.99B | 3.17B | 3.32B | 2.49B | 3.36B | 3.01B |
| Stockholders Equity | 1.57B | 1.52B | 1.39B | 1.16B | 995.86M | 2.82B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 803.36M | 126.40M | 195.47M | -277.14M | 499.40M |
| Operating Cash Flow | 0.00 | 803.36M | 329.00M | 249.00M | -148.63M | 527.96M |
| Investing Cash Flow | 0.00 | -326.94M | -190.06M | -247.97M | -1.36B | -14.97M |
| Financing Cash Flow | 0.00 | -492.88M | 720.00M | -415.00M | -26.28M | 210.10M |
Mynet, Inc. Technical Analysis
Positive
281.00
Price Trends
288.62
Negative
278.80
Positive
262.89
Positive
Market Momentum
-3.28
Positive
46.23
Neutral
38.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3928, the sentiment is Positive. The current price of 281 is below the 20-day moving average (MA) of 284.75, below the 50-day MA of 288.62, and above the 200-day MA of 262.89, indicating a neutral trend. The MACD of -3.28 indicates Positive momentum. The RSI at 46.23 is Neutral, neither overbought nor oversold. The STOCH value of 38.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3928.
Mynet, Inc. Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | ¥9.20B | 9.63 | ― | ― | 11.15% | ― | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
56 Neutral | ¥6.91B | 11.77 | ― | 0.75% | 12.70% | 2207.66% | |
55 Neutral | ¥2.44B | 10.49 | ― | ― | -10.80% | -64.63% | |
46 Neutral | ¥18.15B | 9.33 | ― | ― | -37.68% | ― | |
42 Neutral | ¥2.49B | -0.93 | ― | ― | -22.21% | 32.20% | |
42 Neutral | ¥11.76B | 4.66 | ― | ― | 93.85% | -216.24% |
* Communication Services Sector Average
JP:3928
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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.