PIA Corporation (JP:4337)
:4337
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PIA Corporation
(4337)
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Rating:67Neutral
Price Target:
¥3,819.00
▲(43.73% Upside)
Action:ReiteratedDate:03/24/26
The score is driven primarily by strengthened recent financial performance (notably strong cash generation and improved profitability), offset by ongoing balance-sheet leverage risk and historical cyclicality. Technicals add support with a positive trend and healthy momentum, while valuation appears fair (P/E ~17.7) with no dividend yield data to enhance the valuation case.
Positive Factors
Cash generation
Recent free cash flow that nearly equals net income indicates strong cash conversion and operational cash resilience. Over a multi-month horizon this supports debt servicing, organic investment and buyback/dividend optionality, improving financial flexibility versus earlier negative cash years.
Negative Factors
High leverage
Material leverage, even after improvement, leaves the company exposed to interest cost increases or earnings shocks. Over a 2–6 month horizon, elevated debt amplifies downside from demand cycles and constrains strategic spending or acquisitions if cash generation weakens.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Recent free cash flow that nearly equals net income indicates strong cash conversion and operational cash resilience. Over a multi-month horizon this supports debt servicing, organic investment and buyback/dividend optionality, improving financial flexibility versus earlier negative cash years.
Read all positive factors
PIA Corporation (4337) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥54.84B
Dividend YieldN/A
Average Volume (3M)70.81K
Price to Earnings (P/E)17.7
Beta (1Y)0.59
Revenue Growth22.66%
EPS Growth230.19%
CountryJP
Employees448
SectorCommunication Services
Sector Strength97
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)37.37
Shares Outstanding15,668,713
10 Day Avg. Volume123,020
30 Day Avg. Volume70,813
Financial Highlights & Ratios
PEG Ratio0.61
Price to Book (P/B)5.60
Price to Sales (P/S)0.89
P/FCF Ratio2.67
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PIA Corporation Business Overview & Revenue Model
Company Description
PIA Corporation engages in the ticketing/publishing/planning, production, and operation of concerts and events in Japan. The company distributes tickets through online computer ticketing system for music, sports, theater, film, leisure events, etc...
How the Company Makes Money
PIA Corporation generates revenue primarily through its ticketing services, which act as the main sales channel for concerts, theater shows, sports events, and other entertainment activities. The company earns commission fees from event organizers...
PIA Corporation Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
54
Neutral
Cash Flow
74
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 48.76B | 45.36B | 39.59B | 32.76B | 25.83B | 67.49B |
| Gross Profit | 19.22B | 16.87B | 13.63B | 11.87B | 8.30B | 3.55B |
| EBITDA | 6.97B | 5.29B | 3.71B | 3.17B | 1.77B | -4.24B |
| Net Income | 2.55B | 1.59B | 1.12B | 1.42B | -1.12B | -6.67B |
Balance Sheet | ||||||
| Total Assets | 116.76B | 102.45B | 90.58B | 75.12B | 64.92B | 52.78B |
| Cash, Cash Equivalents and Short-Term Investments | 54.86B | 46.30B | 33.92B | 26.36B | 24.36B | 15.13B |
| Total Debt | 17.36B | 17.63B | 18.64B | 21.24B | 25.06B | 28.11B |
| Total Liabilities | 107.96B | 95.21B | 85.03B | 70.76B | 62.12B | 50.87B |
| Stockholders Equity | 8.79B | 7.24B | 5.54B | 4.35B | 2.81B | 1.85B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 15.16B | 12.01B | 8.07B | 12.91B | -23.98B |
| Operating Cash Flow | 0.00 | 15.34B | 12.38B | 9.36B | 13.06B | -21.86B |
| Investing Cash Flow | 0.00 | -1.93B | -2.22B | -3.56B | -2.70B | -4.16B |
| Financing Cash Flow | 0.00 | -1.02B | -2.60B | -3.80B | -1.13B | 17.29B |
PIA Corporation Technical Analysis
Positive
2657.00
Price Trends
2973.43
Positive
2843.06
Positive
3007.02
Positive
Market Momentum
146.21
Negative
74.48
Negative
89.27
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4337, the sentiment is Positive. The current price of 2657 is below the 20-day moving average (MA) of 3217.11, below the 50-day MA of 2973.43, and below the 200-day MA of 3007.02, indicating a bullish trend. The MACD of 146.21 indicates Negative momentum. The RSI at 74.48 is Negative, neither overbought nor oversold. The STOCH value of 89.27 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4337.
PIA Corporation Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥1.26T | 11.76 | 7.04% | 1.47% | 3.37% | -31.10% | |
74 Outperform | ¥1.28T | 11.67 | 6.28% | 1.07% | 3.01% | 6.48% | |
71 Outperform | ¥114.99B | 21.77 | 19.59% | 0.16% | 18.08% | 136.77% | |
68 Neutral | ¥41.78B | 7.42 | ― | 3.71% | -0.04% | 93.95% | |
67 Neutral | ¥54.84B | 17.68 | ― | ― | 22.66% | 230.19% | |
65 Neutral | ¥73.33B | 13.68 | ― | 2.88% | 0.02% | -27.38% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
* Communication Services Sector Average
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PIA Corporation Corporate Events
PIA Corporation Posts Profit Surge and Plans Dividend as Earnings Momentum Builds
Feb 12, 2026
PIA Corporation reported strong growth for the nine months ended December 31, 2025, with net sales rising 23.7% year-on-year to ¥39.5 billion and profit attributable to owners of the parent jumping 163.1% to ¥2.53 billion, driving basic ...
PIA Completes Payment Procedures for Employee Restricted Stock Issuance
Jan 15, 2026
PIA Corporation has completed the payment procedures for a previously approved issuance of 12,000 shares of restricted common stock, priced at 2,561 yen per share for a total of 30.73 million yen. The shares have been allotted to 33 employees of t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.