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Future Innovation Group, Inc.
(4392)
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Rating:52Neutral
Price Target:
¥1,042.00
▲(261.81% Upside)
Action:Reiterated
Date:06/24/26
The score is held back primarily by inconsistent cash flow generation and a high P/E valuation. Financials show a meaningful 2025 recovery and improving leverage, but volatility in earnings/cash conversion and mixed near-term technical momentum keep the overall rating in the low-to-mid range.
Positive Factors
Revenue and Profit Rebound
A 35.6% revenue recovery with net margin returning to 5.9% in 2025 indicates the company regained demand and pricing power. That rebound supports longer-term revenue scalability and provides a foundation for sustainable earnings if management sustains product competitiveness and execution.
Negative Factors
Unreliable Cash Generation
Intermittent and sometimes negative operating and free cash flow undermines the firm's ability to self-fund growth, pay sustained dividends, or service debt without external financing. Persistent cash conversion variability raises questions about working-capital management and earnings quality.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Profit Rebound
A 35.6% revenue recovery with net margin returning to 5.9% in 2025 indicates the company regained demand and pricing power. That rebound supports longer-term revenue scalability and provides a foundation for sustainable earnings if management sustains product competitiveness and execution.
Read all positive factors
Future Innovation Group, Inc. (4392) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥34.95B
Dividend Yield1.66%
Average Volume (3M)125.83K
Price to Earnings (P/E)35.0
Beta (1Y)1.11
Revenue Growth10.86%
EPS GrowthN/A
CountryJP
Employees668
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)29.51
Shares Outstanding35,167,730
10 Day Avg. Volume176,200
30 Day Avg. Volume125,833
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)0.99
Price to Sales (P/S)0.66
P/FCF Ratio24.40
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
Future Innovation Group, Inc. Business Overview & Revenue Model
Company Description
Established in Oita, Japan, in 2018, Future Innovation Group, Inc. is a diversified enterprise operating across information and communications technology and equipment-related sectors. The company's activities span the entire lifecycle of mobile c...
Future Innovation Group, Inc. Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
67
Positive
Cash Flow
46
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.76B | 13.32B | 12.02B | 13.53B | 12.91B | 12.26B |
| Gross Profit | 4.23B | 4.12B | 3.73B | 4.03B | 3.88B | 3.27B |
| EBITDA | 1.52B | 1.37B | 889.00M | 1.20B | 1.38B | 1.01B |
| Net Income | 896.00M | 784.00M | -1.41B | 210.00M | 685.00M | 441.00M |
Balance Sheet | ||||||
| Total Assets | 16.08B | 15.64B | 15.89B | 22.84B | 21.46B | 18.97B |
| Cash, Cash Equivalents and Short-Term Investments | 2.22B | 1.89B | 2.61B | 2.20B | 2.20B | 2.41B |
| Total Debt | 3.77B | 3.80B | 4.76B | 10.29B | 8.55B | 7.40B |
| Total Liabilities | 7.19B | 6.77B | 7.72B | 13.24B | 11.75B | 10.09B |
| Stockholders Equity | 8.88B | 8.86B | 8.17B | 9.58B | 9.70B | 8.86B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 358.00M | 2.82B | -940.00M | -794.00M | -2.11B |
| Operating Cash Flow | 0.00 | 507.00M | 3.16B | -578.00M | 359.00M | 63.00M |
| Investing Cash Flow | 0.00 | -78.00M | 2.92B | -838.00M | -1.85B | -2.52B |
| Financing Cash Flow | 0.00 | -1.11B | -5.67B | 1.43B | 1.29B | 2.51B |
Future Innovation Group, Inc. Technical Analysis
Neutral
288.00
Price Trends
1286.22
Negative
808.21
Positive
557.93
Positive
Market Momentum
-65.13
Positive
40.97
Neutral
21.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4392, the sentiment is Neutral. The current price of 288 is below the 20-day moving average (MA) of 1134.05, below the 50-day MA of 1286.22, and below the 200-day MA of 557.93, indicating a neutral trend. The MACD of -65.13 indicates Positive momentum. The RSI at 40.97 is Neutral, neither overbought nor oversold. The STOCH value of 21.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4392.
Future Innovation Group, Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥16.39B | 25.10 | ― | 1.66% | 18.42% | -3.97% | |
74 Outperform | ¥20.73B | 10.14 | ― | 2.54% | 5.97% | 22.98% | |
68 Neutral | ¥26.36B | 7.77 | 14.95% | 0.77% | 1.57% | -2.93% | |
68 Neutral | ¥43.97B | 18.61 | ― | 4.43% | -0.53% | -31.86% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | ¥35.63B | 24.72 | ― | 2.26% | 0.29% | -60.76% | |
52 Neutral | ¥34.95B | 34.97 | ― | 1.66% | 10.86% | ― |
* Technology Sector Average
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Future Innovation Group, Inc. Corporate Events
Future Innovation Group Completes Full Conversion of First Series Convertible Bonds
May 15, 2026
Future Innovation Group, Inc. has completed the full conversion of its 1st Series Unsecured Convertible-Bond-Type Bonds With Share Acquisition Rights, issued in August 2024, into common shares as of May 15, 2026. The transaction involved a cumulat...
Future Innovation Group Completes Restricted Share Issuance for Management
May 15, 2026
Future Innovation Group, Inc. has completed the payment procedures for a new share issuance tied to its restricted share-based remuneration program for management. The move aligns executive compensation more closely with shareholder interests by g...
Future Innovation Group Secures ¥1.03 Billion as 6th Series Share Rights Fully Exercised
May 14, 2026
Future Innovation Group, Inc. announced that all of its 6th Series Share Acquisition Rights, issued in August 2024 through a third-party allotment to Macquarie Bank Limited, have been fully exercised, resulting in the issuance of 1,500,000 new sha...
Future Innovation Group Issues FY2026 Q1 Results Presentation Outline
May 14, 2026
Future Innovation Group, Inc. has released a financial results presentation for the first quarter of its 2026 fiscal year, dated March 31, 2026, under securities code 4392. The document is described as a translated excerpt of the original Japanese...
Future Innovation Group Delivers Strong Q1 Profit Growth, Maintains 2026 Outlook
May 14, 2026
Future Innovation Group reported strong first-quarter results for the period ended March 31, 2026, with net sales rising 12.7% year-on-year to ¥3.89 billion and operating profit jumping 55.0% to ¥397 million. Profit attributable to owner...
Future Innovation Group Secures JPY 774.6 Million as 5th Series Share Rights Fully Exercised
May 13, 2026
Future Innovation Group, Inc. has announced the full exercise of its 5th Series Share Acquisition Rights, originally issued on August 8, 2024 through a third-party allotment. All 15,000 units, corresponding to 1,500,000 shares, have been converted...
Future Innovation Group Issues Restricted Shares to Align Management Incentives
Apr 17, 2026
Future Innovation Group, Inc. has approved the issuance of 72,000 new common shares as restricted share-based remuneration for three directors and ten executive officers, with a total value of ¥23.69 million and an issue price set at ¥32...
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.