SuRaLa Net Co., Ltd. (3998) AI Stock Analysis

• Market Cap: ¥2.13B
• Dividend Yield: N/A
• Average Volume (3M): 20.21K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• Revenue Growth: -4.02%
• EPS Growth: -105.52%
• Country: JP
• Employees: 104
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Education & Training Services
• EPS (TTM): 4.91
• Shares Outstanding: 6,694,764
• 10 Day Avg. Volume: 31,090
• 30 Day Avg. Volume: 20,213
• PEG Ratio: 5.33
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 1.10
• P/FCF Ratio: 8.91
• 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: 57 Neutral
• Price Target: ¥337.00 ▼(-9.65% Downside)
• Action: Reiterated Date: 02/10/26
• Date: Action: Reiterated 02/10/26

The score is primarily driven by mixed financial performance: strong 2025 revenue growth and a low-risk, debt-free balance sheet are positives, but sharply weaker profitability and multi-year margin erosion weigh heavily. Technicals are neutral-to-bearish with the stock below key moving averages, and valuation is constrained by negative earnings (negative P/E).

Positive Factors

Revenue Re-acceleration

A 27.8% revenue rebound in 2025 signals renewed demand for the SuRaLa platform and content. Durable top-line momentum across education customers supports scalable subscription/usage revenue, improves leverage on fixed content costs, and underpins longer‑term investment in product and distribution.

Negative Factors

Profitability Deterioration

A pronounced fall in operating profitability erodes the company's ability to generate sustainable earnings from revenue. Compressed EBITDA margins suggest rising operating costs or pricing pressure, limiting retained cash for growth and increasing the difficulty of restoring historical return levels absent structural cost or revenue improvements.

SuRaLa Net Co., Ltd. Business Overview & Revenue Model

Company Description

SuRaLa Net Co.,Ltd. provides educational services through e-learning in Japan and internationally. It also provides operation consulting, marketing promotion, and Website operation services. The company was incorporated in 2008 and is headquartere...

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SuRaLa Net Co.,Ltd. provides educational services through e-learning in Japan and internationally. It also provides operation consulting, marketing promotion, and Website operation services. The company was incorporated in 2008 and is headquartere...

How the Company Makes Money

SuRaLa Net Co., Ltd. generates revenue primarily through subscription fees for its online learning platforms. The company offers various subscription plans tailored to different educational levels and subjects, allowing customers to choose accordi...

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SuRaLa Net Co., Ltd. generates revenue primarily through subscription fees for its online learning platforms. The company offers various subscription plans tailored to different educational levels and subjects, allowing customers to choose accordi...

SuRaLa Net Co., Ltd. Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.93B	1.93B	1.95B	2.15B	2.15B	1.95B
Gross Profit	1.21B	1.17B	1.23B	1.47B	1.54B	1.47B
EBITDA	412.93M	356.98M	483.56M	629.53M	660.93M	659.38M
Net Income	116.02M	-3.78M	72.89M	304.35M	355.40M	399.78M
Balance Sheet
Total Assets	2.69B	2.48B	2.67B	2.71B	2.67B	2.13B
Cash, Cash Equivalents and Short-Term Investments	1.13B	767.89M	1.06B	1.15B	1.33B	1.24B
Total Debt	0.00	0.00	0.00	1.50M	107.50M	0.00
Total Liabilities	450.03M	275.19M	407.10M	457.05M	600.73M	415.13M
Stockholders Equity	2.23B	2.19B	2.24B	2.22B	2.03B	1.71B
Cash Flow
Free Cash Flow	0.00	238.26M	372.40M	475.30M	509.98M	281.85M
Operating Cash Flow	0.00	239.65M	372.85M	475.54M	542.50M	502.68M
Investing Cash Flow	0.00	-484.42M	-414.90M	-433.83M	-503.71M	-222.88M
Financing Cash Flow	0.00	-48.40M	-51.69M	-220.51M	50.11M	11.76M

SuRaLa Net Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 373.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3998, the sentiment is Neutral. The current price of 373 is above the 20-day moving average (MA) of 314.55, above the 50-day MA of 323.58, and above the 200-day MA of 347.27, indicating a neutral trend. The MACD of -2.34 indicates Negative momentum. The RSI at 50.90 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3998.

SuRaLa Net Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9560	74 Outperform	¥10.38B	9.46	―	2.06%	29.06%	41.54%
7353	64 Neutral	¥3.99B	15.95	―	―	13.50%	-19.59%
9345	63 Neutral	¥2.09B	12.00	―	1.92%	4.25%	-6.45%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
9339	60 Neutral	¥2.97B	31.62	―	1.33%	-7.47%	378.86%
3998	57 Neutral	¥2.13B	-561.62	―	―	-4.02%	-105.52%
6096	53 Neutral	¥2.91B	6.04	―	1.68%	-4.16%	―