Hatena Co., Ltd. (3930) AI Stock Analysis

• Market Cap: ¥3.27B
• Dividend Yield: N/A
• Average Volume (3M): 9.80K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 0.30
• Revenue Growth: 7.20%
• EPS Growth: 47.54%
• Country: JP
• Employees: 207
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): 20.13
• Shares Outstanding: 3,075,200
• 10 Day Avg. Volume: 13,990
• 30 Day Avg. Volume: 9,800
• PEG Ratio: 0.07
• Price to Book (P/B): 1.51
• Price to Sales (P/S): 1.12
• P/FCF Ratio: 6.16
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: ¥1,108.00 ▲(13.29% Upside)
• Action: Reiterated Date: 03/14/26
• Date: Action: Reiterated 03/14/26

The score is held up by balance-sheet strength and strong gross profitability, but is weighed down by recent revenue/margin softness, inconsistent historical cash-flow performance, negative MACD and long-term trend below the 200-day average, and an expensive valuation (very high P/E with no dividend support).

Positive Factors

High Gross Margins

Very high gross margins indicate an asset-light, scalable content and services model that can absorb cost shocks and reinvest in product or customer acquisition. This structural margin advantage supports durability of profits even if top-line growth softens.

Negative Factors

Revenue Weakness

Recent top-line contraction signals issues with growth or monetization that can persist absent product or sales improvements. Slower revenue reduces operating leverage, limits reinvestment capacity, and makes sustaining long-term margin targets harder if structural drivers aren't addressed.

Hatena Co., Ltd. Business Overview & Revenue Model

Company Description

Hatena Co., Ltd. (3930) is a Japanese technology company primarily engaged in providing web services and applications. The company offers platforms for blogging, social networking, and information sharing, serving both individual users and busines...

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Hatena Co., Ltd. (3930) is a Japanese technology company primarily engaged in providing web services and applications. The company offers platforms for blogging, social networking, and information sharing, serving both individual users and busines...

How the Company Makes Money

Hatena generates revenue primarily through (1) B2B/enterprise services and (2) monetization of its consumer internet platforms. On the enterprise side, the company provides content management, media/owned-site development and operation support, an...

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Hatena generates revenue primarily through (1) B2B/enterprise services and (2) monetization of its consumer internet platforms. On the enterprise side, the company provides content management, media/owned-site development and operation support, an...

Hatena Co., Ltd. Financial Statement Overview

Breakdown	TTM	Jul 2025	Jul 2024	Jul 2023	Jul 2022	Jul 2021
Income Statement
Total Revenue	3.63B	3.79B	3.31B	3.15B	3.06B	2.62B
Gross Profit	3.12B	3.24B	2.70B	2.59B	2.60B	2.30B
EBITDA	315.91M	473.26M	180.87M	269.64M	445.66M	361.94M
Net Income	139.02M	230.88M	62.37M	99.64M	240.22M	172.64M
Balance Sheet
Total Assets	3.54B	3.46B	2.92B	2.89B	2.99B	2.61B
Cash, Cash Equivalents and Short-Term Investments	1.81B	2.15B	1.52B	1.51B	1.73B	1.52B
Total Debt	250.00M	0.00	0.00	0.00	0.00	0.00
Total Liabilities	644.89M	643.02M	361.59M	403.83M	546.85M	318.21M
Stockholders Equity	2.90B	2.82B	2.56B	2.49B	2.44B	2.29B
Cash Flow
Free Cash Flow	305.93M	688.20M	128.25M	-30.48M	269.96M	284.68M
Operating Cash Flow	319.49M	711.58M	147.01M	2.58M	327.36M	296.44M
Investing Cash Flow	-60.57M	-38.43M	-106.16M	-158.28M	-43.92M	-105.85M
Financing Cash Flow	1.61M	2.01M	1.55M	-97.14M	-52.20M	6.92M

Hatena Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 978.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3930, the sentiment is Positive. The current price of 978 is above the 20-day moving average (MA) of 956.95, above the 50-day MA of 941.58, and below the 200-day MA of 1102.70, indicating a neutral trend. The MACD of 28.75 indicates Negative momentum. The RSI at 75.47 is Negative, neither overbought nor oversold. The STOCH value of 71.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3930.

Hatena Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6180	74 Outperform	¥7.39B	15.62	―	3.29%	7.47%	55.61%
3922	71 Outperform	¥28.29B	12.43	―	0.38%	18.02%	46.43%
5243	63 Neutral	¥45.52B	58.36	―	―	22.37%	655.34%
2193	62 Neutral	¥13.37B	15.07	4.78%	―	-10.17%	-19.44%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
3930	58 Neutral	¥3.27B	11.33	―	―	7.20%	47.54%
2454	53 Neutral	¥5.47B	-13.71	―	0.77%	4.75%	―