AEON Fantasy Co., Ltd. (4343) AI Stock Analysis

• Market Cap: ¥57.38B
• Dividend Yield: N/A
• Average Volume (3M): 59.16K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.36
• Revenue Growth: 6.00%
• EPS Growth: -184.09%
• Country: JP
• Employees: 4,539
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): 81.81
• Shares Outstanding: 19,782,024
• 10 Day Avg. Volume: 100,960
• 30 Day Avg. Volume: 59,163
• PEG Ratio: 0.13
• Price to Book (P/B): 8.32
• Price to Sales (P/S): 0.63
• P/FCF Ratio: 21.75
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: ¥2,953.00 ▲(1.79% Upside)

AEON Fantasy Co., Ltd. is on a recovery path with improving financial performance, but persistent net losses and high leverage are significant risks. The technical indicators suggest a bearish trend, and the valuation metrics indicate overvaluation concerns. These factors collectively result in a moderate overall stock score.

Positive Factors

Revenue Growth

The consistent revenue growth highlights the company's ability to expand its market presence and attract more visitors, which is crucial for long-term success in the leisure industry.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, enabling the company to invest in new projects and reduce reliance on external financing.

Operational Efficiency

Improved operational efficiency suggests the company is effectively managing costs, which can lead to better profitability and competitive positioning.

Negative Factors

High Leverage

High leverage can limit financial flexibility and increase risk, especially if revenue growth does not continue to offset debt obligations.

Persistent Net Losses

Ongoing net losses can undermine investor confidence and hinder the company's ability to reinvest in growth opportunities.

Low Equity Ratio

A low equity ratio indicates potential vulnerability to financial instability, as the company may struggle to cover its obligations without sufficient equity backing.

AEON Fantasy Co., Ltd. Business Overview & Revenue Model

Company Description

Aeon Fantasy Co., Ltd. creates, manages, and promotes indoor theme parks with entertainment and amusement facilities in Japan. It provides various facilities, including merry-go-rounds, interactive games, medal games, card games, and other amusement items. The company also develops and sells original play equipment and prizes. Its theme parks serve children less than 12 years of age, and their families. The company operates approximately 873 outlets. Aeon Fantasy Co., Ltd. was formerly known as Jusco Co., Ltd. The company was founded in 1997 and is headquartered in Chiba, Japan. Aeon Fantasy Co., Ltd. is a subsidiary of Aeon Co., Ltd.

How the Company Makes Money

AEON Fantasy generates revenue primarily through ticket sales for its amusement parks and attractions, which includes entry fees and payment for rides and experiences. In addition to direct consumer spending, the company earns significant income from partnerships with popular character franchises, allowing it to incorporate beloved characters into its attractions, thus attracting more visitors. Furthermore, AEON Fantasy also benefits from merchandise sales, food and beverage services within its parks, and seasonal events or promotions that drive additional foot traffic and spending. The company's strategic collaborations with character licensing partners enhance its brand appeal and help ensure a steady flow of visitors, contributing to its financial success.

AEON Fantasy Co., Ltd. Financial Statement Overview

Summary

AEON Fantasy Co., Ltd. shows signs of recovery with improved revenue and cash flow metrics. Despite better operational efficiency, persistent net losses and high leverage are concerns that need addressing for long-term stability.

Income Statement

AEON Fantasy Co., Ltd. has shown a commendable recovery in revenue from 2021 to 2025, with a strong growth rate evident over the period. Despite the negative net income in recent years, the company has improved its EBIT and EBITDA margins significantly by 2025, indicating better operational efficiency. However, the persistent net losses remain a concern, affecting the net profit margin adversely.

Balance Sheet

The company's debt-to-equity ratio is high, raising concerns about leverage and financial stability. Although there is a positive ROE and an increase in stockholders' equity over time, the equity ratio remains relatively low, suggesting a reliance on debt financing. This leverage poses potential risks if income does not improve.

Cash Flow

AEON Fantasy has demonstrated strong operating cash flow growth, with a substantial recovery in free cash flow by 2025. The operating cash flow to net income ratio is robust, indicating good cash generation relative to income. However, the company needs to maintain this trend to ensure sustainable free cash flow growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	88.75B	87.24B	81.76B	72.69B	60.17B	46.12B
Gross Profit	12.42B	11.67B	10.25B	6.90B	1.69B	-2.66B
EBITDA	12.11B	11.86B	13.93B	8.65B	6.37B	-321.87M
Net Income	-1.72B	-1.82B	1.31B	-3.38B	-4.51B	-9.28B
Balance Sheet
Total Assets	60.48B	53.67B	52.30B	46.92B	51.24B	53.96B
Cash, Cash Equivalents and Short-Term Investments	7.85B	6.17B	7.52B	6.08B	6.01B	5.72B
Total Debt	41.46B	34.85B	32.53B	27.88B	28.95B	29.08B
Total Liabilities	53.06B	46.83B	43.76B	38.78B	39.39B	37.04B
Stockholders Equity	7.20B	6.61B	8.34B	7.98B	11.72B	16.74B
Cash Flow
Free Cash Flow	0.00	2.53B	1.89B	4.56B	-815.75M	-6.62B
Operating Cash Flow	0.00	12.35B	12.06B	9.06B	6.18B	183.58M
Investing Cash Flow	0.00	-10.86B	-10.73B	-4.85B	-7.09B	-6.96B
Financing Cash Flow	0.00	-2.84B	-97.36M	-4.38B	1.40B	8.45B

AEON Fantasy Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2901.00
• 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:4343, the sentiment is Positive. The current price of 2901 is above the 20-day moving average (MA) of 2891.60, below the 50-day MA of 2939.86, and below the 200-day MA of 3003.40, indicating a neutral trend. The MACD of -20.85 indicates Negative momentum. The RSI at 49.15 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4343.

AEON Fantasy Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7085	76 Outperform	¥72.27B	16.79	―	2.22%	5.92%	20.63%
7092	74 Outperform	¥43.30B	18.48	―	1.95%	16.36%	38.48%
4680	67 Neutral	¥319.52B	19.26	―	1.54%	11.92%	33.70%
2340	62 Neutral	¥15.02B	20.27	―	―	14.37%	-44.67%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
4801	61 Neutral	¥27.40B	26.47	―	1.84%	4.17%	-20.08%
4343	52 Neutral	¥57.38B	-134.40	―	―	6.00%	-184.09%

AEON Fantasy Co., Ltd. Corporate Events

AEON Fantasy Revises October Sales Figures Amid Reporting Errors

AEON Fantasy Co., Ltd. announced an amendment to its previously disclosed sales figures for October 2025, due to errors identified in the initial report. The corrected figures show slight adjustments in the sales growth rates for its overseas subsidiaries, particularly in Malaysia and the ASEAN region, which may impact the company’s financial outlook and stakeholder expectations.

AEON Fantasy Reports Strong October Sales Growth

AEON Fantasy Co., Ltd. reported a 110.1% year-on-year increase in net sales for October 2025 in Japan, indicating strong domestic performance. The company’s amusement machine and product sales have shown significant growth, with no calendar effects impacting these results, reflecting a positive trajectory for its domestic operations.

AEON Fantasy Reports Strong Financial Growth for H1 2025

AEON Fantasy Co., Ltd. reported a notable increase in its financial performance for the six months ended August 31, 2025, with net sales rising by 6.2% and a significant surge in profit attributable to owners of the parent by 371.7% compared to the previous year. The company also announced a forecast for the fiscal year ending February 28, 2026, with expectations of continued growth in net sales and profits, reflecting a strong market position and operational efficiency.

AEON Fantasy Reports Steady Growth in September Sales

AEON Fantasy Co., Ltd. reported a 101.5% year-on-year increase in net sales in Japan for September 2025, indicating a steady growth trajectory. The company’s domestic operations showed a positive sales trend, with amusement machine sales and product sales contributing to the overall increase, while overseas subsidiaries experienced mixed results, reflecting varied market conditions.

AEON Fantasy Reports Extraordinary Losses Due to Subsidiary Performance

AEON Fantasy Co., Ltd. announced the recording of extraordinary losses in its non-consolidated financial results for the six months ending August 31, 2025, due to the deteriorating performance of its subsidiary, AEON Fantasy (China). The losses, amounting to ¥803,520 thousand for doubtful accounts and ¥206,041 thousand for investment valuation, will not impact the company’s consolidated financial results as they will be eliminated in the consolidated statements.

AEON Fantasy Reports Strong Financial Recovery for H1 2025

AEON Fantasy Co., Ltd. reported a significant improvement in its financial performance for the six months ended August 31, 2025, with net sales increasing by 6.2% and profit attributable to owners of the parent surging by 371.7%. The company’s strong performance is highlighted by a notable rise in operating and ordinary profits, indicating a robust recovery and positive outlook for stakeholders.

AEON Fantasy Reports Strong August Revenue Growth

AEON Fantasy Co., Ltd. reported a 109.6% year-on-year increase in operating revenue in Japan for August 2025, highlighting strong performance in both amusement machine and product sales. The company’s domestic sales growth was positively influenced by calendar factors, while overseas subsidiaries showed varied performance, with notable growth in the Philippines and Thailand.