J-Stream Inc. (4308) AI Stock Analysis

• Market Cap: ¥9.90B
• Dividend Yield: 3.52%
• Average Volume (3M): 56.02K
• Price to Earnings (P/E): 18.1
• Beta (1Y): 0.58
• Revenue Growth: 5.98%
• EPS Growth: 87.95%
• Country: JP
• Employees: 678
• Sector: Communication Services
• Sector Strength: 97
• Industry: Entertainment
• EPS (TTM): 3.72
• Shares Outstanding: 28,057,400
• 10 Day Avg. Volume: 69,430
• 30 Day Avg. Volume: 56,016
• PEG Ratio: 0.21
• Price to Book (P/B): 0.95
• Price to Sales (P/S): 0.85
• P/FCF Ratio: 5.08
• 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: ¥431.00
• Price Target Upside: 11.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 78 Outperform
• Price Target: ¥431.00 ▲(11.66% Upside)

J-Stream Inc. is well-positioned financially with strong revenue growth and cash flow, which are the most significant factors. The technical analysis indicates some short-term bearish sentiment, but the valuation remains attractive with a reasonable P/E ratio and a solid dividend yield.

J-Stream Inc. Business Overview & Revenue Model

Company Description

J-Stream Inc. engages in planning, production, licensing, and sale of content and publication in Japan. The company offers content delivery services, including the distribution of video and audio content, such as music, movies, events, corporate briefings, education, and advertisements through the Internet; and advertising planning and production, media planning, and other services. It is also involved in the content planning, video recording/editing, and direction on online live sites; voice recording; website development; digitization of existing videos and conversion of video files; and web-based membership information, e-commerce, and settlement services. In addition, the company engages in planning, development, operation, production, sales, import/export, leasing, and agent business of web-based hardware, software, and other services; and planning, production, and agency business related to advertisement. J-Stream Inc. was founded in 1997 and is headquartered in Tokyo, Japan.

How the Company Makes Money

J-Stream Inc. generates revenue primarily through its content delivery network (CDN) services, which involve the distribution of digital media content such as video, audio, and software to end-users over the internet. The company charges clients based on data usage or bandwidth consumption, offering scalable solutions tailored to the needs of businesses ranging from media companies to e-commerce platforms. Additionally, J-Stream earns income from digital marketing services, where it assists clients in enhancing their online presence through targeted advertising and strategic content placement. Significant partnerships with telecommunications firms and media companies also contribute to its revenue by expanding its client base and enhancing service offerings.

J-Stream Inc. Financial Statement Overview

Summary

J-Stream Inc. demonstrates a strong financial position with steady revenue growth, improving profitability, and efficient cost management. The balance sheet is highly stable with low leverage, and cash flow generation is robust, supporting strategic investments and growth.

Income Statement

J-Stream Inc. exhibits a strong income statement with steady revenue growth and improving margins. The gross profit margin stood at 38.5% in 2025, showing efficient cost management. The net profit margin increased to 4.67% from the previous year's 2.65%, reflecting enhanced profitability. Revenue growth of 4.74% from 2024 to 2025 indicates positive top-line momentum. However, EBIT and EBITDA margins, while positive, have room for improvement to reach pre-2023 levels.

Balance Sheet

The balance sheet of J-Stream Inc. is robust, characterized by a low debt-to-equity ratio of 0.006, demonstrating minimal leverage. The equity ratio is strong at 80.1%, highlighting a solid capital structure primarily funded by equity. Return on equity (ROE) improved to 5.21% in 2025, indicating efficient utilization of shareholder funds, though there's potential for further enhancement.

Cash Flow

Cash flow metrics for J-Stream Inc. are impressive, with a significant improvement in free cash flow from negative in 2024 to 1.97 billion yen in 2025. The operating cash flow to net income ratio is 3.79, suggesting strong cash generation from operations. The free cash flow to net income ratio of 3.57 indicates effective cash utilization. The cash flow stability supports ongoing operations and potential growth investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.87B	11.80B	11.27B	12.50B	12.41B	12.97B
Gross Profit	4.57B	4.54B	4.09B	4.99B	5.31B	5.36B
EBITDA	1.76B	1.76B	1.38B	2.11B	2.68B	2.87B
Net Income	547.85M	550.86M	298.28M	873.06M	1.31B	1.55B
Balance Sheet
Total Assets	13.02B	13.19B	12.50B	12.96B	12.44B	11.83B
Cash, Cash Equivalents and Short-Term Investments	7.69B	7.83B	4.06B	7.85B	7.29B	6.53B
Total Debt	28.57M	59.38M	108.39M	172.74M	211.28M	321.93M
Total Liabilities	2.26B	2.13B	1.63B	2.03B	2.07B	2.67B
Stockholders Equity	10.31B	10.56B	10.41B	10.51B	10.01B	8.87B
Cash Flow
Free Cash Flow	0.00	1.97B	-29.23M	1.16B	1.63B	1.62B
Operating Cash Flow	0.00	2.09B	812.01M	1.80B	1.85B	2.07B
Investing Cash Flow	0.00	-617.28M	-1.31B	-747.07M	-784.22M	-774.50M
Financing Cash Flow	0.00	-500.16M	-492.92M	-495.90M	-301.54M	3.21B

J-Stream Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 386.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4308, the sentiment is Neutral. The current price of 386 is below the 20-day moving average (MA) of 390.85, above the 50-day MA of 379.62, and above the 200-day MA of 374.89, indicating a neutral trend. The MACD of 3.68 indicates Negative momentum. The RSI at 49.10 is Neutral, neither overbought nor oversold. The STOCH value of 54.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4308.

J-Stream Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4317	82 Outperform	¥9.29B	8.76	―	2.31%	0.83%	23.88%
4308	78 Outperform	¥9.90B	18.08	―	3.52%	5.98%	87.95%
4772	70 Outperform	¥14.95B	17.22	―	0.79%	1.62%	188.00%
3929	65 Neutral	¥3.06B	13.35	―	―	-10.99%	―
4347	62 Neutral	¥12.79B	33.96	―	2.29%	2.98%	-22.92%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
3686	43 Neutral	¥5.60B	―	―	―	1.74%	51.02%