Kokopelli, Inc. (4167) AI Stock Analysis

• Market Cap: ¥2.20B
• Dividend Yield: N/A
• Average Volume (3M): 14.92K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.21
• Revenue Growth: -6.33%
• EPS Growth: -129.18%
• Country: JP
• Employees: 109
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 7,916,230
• 10 Day Avg. Volume: 18,350
• 30 Day Avg. Volume: 14,916
• PEG Ratio: 0.07
• Price to Book (P/B): 1.41
• Price to Sales (P/S): 1.34
• P/FCF Ratio: 6.81
• 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: ¥286.00 ▼(-13.33% Downside)
• Action: Reiterated Date: 11/19/25
• Date: Action: Reiterated 11/19/25

Kokopelli, Inc. has a strong financial foundation with robust revenue and profit growth, which is a significant positive factor. However, the technical indicators suggest bearish momentum, and the valuation metrics highlight potential concerns with a negative P/E ratio and no dividend yield. These factors collectively result in a moderate overall stock score.

Positive Factors

Balance sheet strength

A very high equity ratio and minimal leverage materially reduce refinancing and solvency risk across economic cycles. This durable capital structure preserves optionality for operations and investment, enabling stable operations and resilience to macro shocks over the next 2–6 months and beyond.

Free cash flow recovery

A sustained shift to positive free cash flow demonstrates improved cash conversion and operational efficiency. Reliable FCF supports reinvestment, working capital needs, and strategic initiatives without new financing, strengthening long-term financial flexibility and execution capacity.

Revenue and margin improvement

Multi-year revenue expansion combined with sustained gross margins above 50% signals product-market fit and pricing power. Improving net margin to profitability reflects scalable cost structure and durable earnings potential, underpinning sustainable operating performance over the medium term.

Negative Factors

Recent revenue decline

A recent material year-over-year revenue contraction indicates potential demand softness or execution headwinds. If this trend continues it could erode margins and cash generation, challenging the company's ability to sustain investment and growth plans without corrective action.

Earnings volatility

Extremely negative EPS growth points to volatile or deteriorating profitability, possibly from one-offs or margin pressure. Pronounced EPS swings increase uncertainty around sustainable earnings power and constrain strategic spending decisions and investor confidence over the medium term.

Conservative leverage limits

While low leverage reduces financial risk, a deliberately conservative debt posture can constrain faster expansion, acquisitions, or large capex. Reliance on internal cash for growth may slow strategic initiatives and limit the company's ability to capitalize quickly on market opportunities.

Kokopelli, Inc. Business Overview & Revenue Model

Company Description

Kokopelli Inc. provides various technology solutions for small and medium-sized enterprises (SMEs) in Japan. The company offers Big Advance, a platform that solves management issues; Bank Assist Portal, a platform for regional financial institutions; FLOW, an information sharing tool; and FAI, an AI module. It also provides IT support; and subsidy utilization consulting services. Kokopelli Inc. was incorporated in 2007 and is headquartered in Tokyo, Japan. Kokopelli Inc. is a subsidiary of Dimples' Co., Ltd.

Kokopelli, Inc. Financial Statement Overview

Summary

Kokopelli, Inc. exhibits a strong financial position with consistent revenue and profit growth, robust margins, and a solid balance sheet. The company's low leverage and high equity ratio provide financial stability, while strong cash flow generation supports operational efficiency. These factors position Kokopelli well for future growth, although conservative leverage may limit aggressive expansion strategies.

Income Statement

Kokopelli, Inc. has demonstrated strong revenue growth, with a notable increase from ¥1,024,249,000 in 2021 to ¥2,007,546,000 in 2025. The gross profit margin has remained robust, consistently above 50%, indicating effective cost management. The net profit margin has improved significantly, from negative in 2020 to a healthy 6.3% in 2025, reflecting enhanced profitability. EBIT and EBITDA margins have also shown positive trends, supporting overall profitability improvements.

Balance Sheet

The company's balance sheet is strong, with a high equity ratio of 78.4% in 2025, indicating a solid capital structure. The debt-to-equity ratio is low at 0.09, suggesting minimal leverage and reduced financial risk. Return on equity has improved over the years, reaching 6.6% in 2025, reflecting efficient use of equity. However, the decrease in total debt from 2020 to 2025 suggests a cautious approach to leveraging, which may limit growth opportunities.

Cash Flow

Kokopelli, Inc. has shown strong cash flow management, with a significant increase in free cash flow from negative in 2020 to ¥394,623,000 in 2025. The operating cash flow to net income ratio is favorable, indicating efficient cash generation relative to reported earnings. The free cash flow to net income ratio has improved, demonstrating effective capital expenditure management and cash flow generation capabilities.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.84B	2.01B	1.82B	1.78B	1.64B	1.02B
Gross Profit	1.06B	1.13B	974.89M	952.54M	1.01B	635.38M
EBITDA	292.39M	383.02M	183.12M	137.09M	385.49M	257.98M
Net Income	53.46M	125.88M	33.35M	21.16M	281.98M	253.97M
Balance Sheet
Total Assets	2.31B	2.43B	2.22B	2.20B	2.15B	1.75B
Cash, Cash Equivalents and Short-Term Investments	1.17B	1.39B	1.31B	1.49B	1.75B	1.55B
Total Debt	162.18M	175.74M	198.28M	176.09M	0.00	0.00
Total Liabilities	457.40M	525.89M	452.09M	384.14M	276.63M	195.52M
Stockholders Equity	1.86B	1.91B	1.77B	1.82B	1.87B	1.55B
Cash Flow
Free Cash Flow	0.00	394.62M	126.03M	-35.10M	304.82M	289.29M
Operating Cash Flow	0.00	409.78M	140.71M	-24.91M	400.24M	295.72M
Investing Cash Flow	0.00	-308.40M	-175.24M	-225.45M	-217.76M	-17.08M
Financing Cash Flow	0.00	-22.05M	-140.58M	-4.74M	14.99M	1.02B

Kokopelli, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 330.00
• 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:4167, the sentiment is Negative. The current price of 330 is above the 20-day moving average (MA) of 282.50, above the 50-day MA of 296.14, and below the 200-day MA of 360.40, indicating a bearish trend. The MACD of -5.13 indicates Negative momentum. The RSI at 42.15 is Neutral, neither overbought nor oversold. The STOCH value of 57.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4167.

Kokopelli, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5256	69 Neutral	¥2.76B	27.18	―	―	13.48%	61.77%
4168	67 Neutral	¥8.91B	11.67	―	0.70%	9.78%	-23.98%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
4167	58 Neutral	¥2.20B	-3.01	―	―	-6.33%	-129.18%
3976	54 Neutral	¥2.26B	-91.39	―	―	-14.55%	-8.13%
4174	41 Neutral	¥2.61B	-5.71	―	3.41%	18.78%	-134.64%
4199	41 Neutral	¥2.55B	-4.15	―	―	-5.44%	-242.43%

Kokopelli, Inc. Corporate Events

Kokopelli Outlines FY2025 Q3 Results and Strategic Progress

Kokopelli, Inc., a publicly traded Japanese technology and digital services company (stock code 4167), outlined its business overview and current strategic positioning, emphasizing the structure of its operations and its focus on sustained growth. The company presented supplementary information to help investors better understand its business model and market approach.

The release mainly announced the structure and scope of Kokopelli’s financial and strategic reporting for the third quarter of fiscal year 2025, including highlights, key topics, and detailed results. It also summarized the company’s FY2025 earnings estimates and progress on its mid-term management plan, signaling continued efforts to manage performance and communicate outlook to the market.

The most recent analyst rating on (JP:4167) stock is a Hold with a Yen315.00 price target. To see the full list of analyst forecasts on Kokopelli, Inc. stock, see the JP:4167 Stock Forecast page.