WonderPlanet Inc. (4199) AI Stock Analysis

• Market Cap: ¥3.97B
• Dividend Yield: N/A
• Average Volume (3M): 38.92K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.15
• Revenue Growth: -5.44%
• EPS Growth: -242.43%
• Country: JP
• Employees: 175
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -47.26
• Shares Outstanding: 2,598,212
• 10 Day Avg. Volume: 48,990
• 30 Day Avg. Volume: 38,920
• PEG Ratio: 0.10
• Price to Book (P/B): 5.29
• Price to Sales (P/S): 1.36
• P/FCF Ratio: -9.81
• 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: 52 Neutral
• Price Target: ¥1,365.00 ▲(84.96% Upside)

The score is held down primarily by weak financial performance (declining revenue, losses, higher leverage, and negative operating/free cash flow). This is partially offset by strong technical momentum with price well above key moving averages and supportive MACD, while valuation remains unfavorable due to a negative P/E and no dividend yield data.

Positive Factors

Diversified mobile monetization

Multiple monetization channels (IAPs, ads, subscriptions, sponsorships) provide recurring and incremental revenue streams. This diversification reduces reliance on a single title, smooths revenue volatility from any one game, and supports longer-term resilience in cash generation.

Established portfolio and IP

Owning a portfolio of popular titles and expertise in immersive gameplay creates durable user engagement and brand equity. Strong IP and recurring players lower acquisition costs, enable cross-promotion, and support sustained monetization and lifecycle management over months.

Strategic partnerships and data-driven optimization

Partnerships expand distribution and marketing reach while data analytics improve retention and monetization. Together these structural capabilities boost go-to-market efficiency and product iteration speed, enhancing long-term growth potential and competitive positioning.

Negative Factors

Declining revenue and negative margins

A sharp revenue decline and negative EBIT/net margins erode operating scale and reduce funds available for development and marketing. Persisting losses weaken competitiveness, limit reinvestment in live-ops, and raise the likelihood of structural margin pressure over the coming months.

Weak cash generation

Negative operating and free cash flow mean the business cannot internally fund normal development, updates, and user acquisition. Over 2-6 months this increases reliance on external financing, restricts strategic flexibility, and raises execution risk for live service titles.

Elevated leverage and reduced stability

A high debt-to-equity ratio amid losses reduces financial flexibility and raises fixed interest obligations. This leverage amplifies refinancing and liquidity risk, constraining investments in content and marketing and making the company more vulnerable during industry or demand shocks.

WonderPlanet Inc. Business Overview & Revenue Model

Company Description

WonderPlanet Inc. engages in the development and sale of mobile games in Japan and worldwide. It provides games for iOS and android. The company was founded in 2012 and is headquartered in Nagoya, Japan.

How the Company Makes Money

WonderPlanet Inc. generates revenue primarily through in-app purchases and advertisements within its mobile games. The company designs its games with features that encourage players to make micropayments for virtual goods, enhancements, or additional levels. Additionally, partnerships with advertisers allow WonderPlanet to monetize user engagement by displaying ads within its gaming platforms. The company's ability to attract a large user base and maintain high levels of user interaction is crucial to its revenue generation strategy.

WonderPlanet Inc. Financial Statement Overview

Summary

Financials are weak: revenue fell 28.9% most recently, profitability is negative (net profit and EBIT margins), leverage is elevated with debt-to-equity at 1.96, and both operating and free cash flow are negative—raising near-term execution and funding risk.

Income Statement

WonderPlanet Inc. has experienced a significant decline in revenue growth, with a notable drop of 28.9% in the most recent year. The company also reported negative net profit and EBIT margins, indicating operational challenges. Historically, the company had better profitability, but recent trends show a downturn in financial performance.

Balance Sheet

The company's debt-to-equity ratio has increased to 1.96, suggesting higher leverage and potential financial risk. Return on equity is negative, reflecting losses. The equity ratio has decreased, indicating reduced financial stability compared to previous years.

Cash Flow

WonderPlanet Inc. has negative operating and free cash flows, with a substantial decline in free cash flow growth. The operating cash flow to net income ratio is negative, highlighting cash flow challenges. The company needs to improve cash generation to support its operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.26B	2.32B	2.45B	3.46B	3.42B	3.59B
Gross Profit	928.93M	483.08M	717.42M	682.74M	178.76M	806.04M
EBITDA	432.54M	-50.99M	196.20M	142.31M	-1.23B	276.82M
Net Income	18.73M	-131.58M	92.26M	-236.13M	-1.89B	825.46M
Balance Sheet
Total Assets	1.86B	1.98B	2.15B	2.06B	3.00B	3.71B
Cash, Cash Equivalents and Short-Term Investments	979.79M	1.26B	1.33B	1.03B	1.20B	1.85B
Total Debt	810.19M	1.17B	925.44M	919.26M	1.19B	437.09M
Total Liabilities	1.21B	1.39B	1.41B	1.43B	2.57B	1.35B
Stockholders Equity	646.30M	595.37M	736.87M	629.76M	427.87M	2.37B
Cash Flow
Free Cash Flow	188.82M	-320.96M	289.00M	-334.78M	-1.27B	-2.96M
Operating Cash Flow	188.82M	-310.08M	298.89M	-331.24M	-890.00M	17.03M
Investing Cash Flow	0.00	4.13M	248.36M	-255.16M	-399.57M	83.52M
Financing Cash Flow	0.00	231.02M	13.44M	152.31M	645.75M	684.91M

WonderPlanet Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 738.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4199, the sentiment is Positive. The current price of 738 is below the 20-day moving average (MA) of 1332.00, below the 50-day MA of 974.90, and below the 200-day MA of 1012.16, indicating a bullish trend. The MACD of 167.74 indicates Positive momentum. The RSI at 64.23 is Neutral, neither overbought nor oversold. The STOCH value of 30.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4199.

WonderPlanet Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5028	70 Outperform	¥3.29B	20.17	―	―	33.55%	293.32%
5256	69 Neutral	¥3.26B	15.39	―	―	13.48%	61.77%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
4052	55 Neutral	¥1.76B	-29.29	―	―	-9.71%	-1076.54%
4199	52 Neutral	¥3.97B	-21.44	―	―	-5.44%	-242.43%
7035	45 Neutral	¥2.41B	-7.22	―	―	-36.13%	-466.63%
2334	44 Neutral	¥16.49B	86.54	―	―	56.35%	―