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eXmotion Co., Ltd. (JP:4394)
:4394
Japanese Market
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eXmotion Co., Ltd. (4394) AI Stock Analysis

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JP:4394

eXmotion Co., Ltd.

(4394)

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Outperform 78 (OpenAI - 5.2)
Rating:78Outperform
Price Target:
¥604.00
▼(-21.25% Downside)
Action:Reiterated
Date:07/07/26
The score is driven primarily by strong financial quality—steady revenue growth, healthy operating margins, and an exceptionally low-risk, debt-free balance sheet. Technicals add support via a clear uptrend, but elevated RSI/Stoch readings indicate the stock is extended. Valuation is supportive with a moderate P/E and a solid dividend yield.
Positive Factors
Debt-free Balance Sheet
A zero-debt capital structure materially lowers financial risk and interest-rate sensitivity, giving management durable flexibility to fund operations, dividends or strategic investments from internal resources. Over the next 2–6 months, this reduces refinancing risk and supports steady execution.
Negative Factors
Net-income Volatility
A sharp drop in net margin (FY2023 ~0.6% despite healthy operating margin) implies below-the-line items or one-offs can swing reported profits. This undermines predictability of earnings and complicates planning for dividends or reinvestment across multiple quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free Balance Sheet
A zero-debt capital structure materially lowers financial risk and interest-rate sensitivity, giving management durable flexibility to fund operations, dividends or strategic investments from internal resources. Over the next 2–6 months, this reduces refinancing risk and supports steady execution.
Read all positive factors

eXmotion Co., Ltd. (4394) vs. iShares MSCI Japan ETF (EWJ)

eXmotion Co., Ltd. Business Overview & Revenue Model

Company Description
eXmotion Co., Ltd. delivers expert technical consulting and educational services focusing on systems and software. Their offerings include comprehensive project diagnostics and direct on-site support, in addition to practical training programs des...
How the Company Makes Money
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eXmotion Co., Ltd. Financial Statement Overview

Summary
Strong fundamentals supported by consistent revenue growth (FY2025 +9.1%), healthy profitability (FY2025 ~41.7% gross margin and ~14.0% operating margin), and a very conservative balance sheet with zero debt. Offsetting factors are bottom-line volatility (FY2023 net margin ~0.6%) and uneven operating cash flow coverage in FY2023–FY2024, which reduces consistency.
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
75
Positive
BreakdownTTMNov 2025Nov 2024Nov 2023Nov 2022Nov 2021
Income Statement
Total Revenue1.42B1.39B1.28B1.11B1.05B957.92M
Gross Profit613.63M577.98M519.75M477.27M465.78M385.08M
EBITDA258.07M233.00M201.26M163.89M204.53M161.78M
Net Income142.74M127.47M99.22M6.66M134.52M100.21M
Balance Sheet
Total Assets1.87B1.86B1.77B1.70B1.71B1.61B
Cash, Cash Equivalents and Short-Term Investments1.46B1.44B1.29B1.28B1.46B1.37B
Total Debt0.000.000.000.000.000.00
Total Liabilities199.70M187.93M167.69M148.50M122.61M109.39M
Stockholders Equity1.67B1.67B1.60B1.55B1.59B1.50B
Cash Flow
Free Cash Flow245.12M245.12M65.33M16.94M127.93M89.65M
Operating Cash Flow252.32M252.32M86.36M24.65M143.04M93.77M
Investing Cash Flow-45.07M-45.07M-21.01M-163.39M-15.10M-2.81M
Financing Cash Flow-55.79M-55.79M-54.25M-42.58M-41.68M-37.67M

eXmotion Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price767.00
Price Trends
50DMA
428.17
Positive
100DMA
413.32
Positive
200DMA
400.73
Positive
Market Momentum
MACD
38.82
Negative
RSI
75.04
Negative
STOCH
78.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4394, the sentiment is Positive. The current price of 767 is above the 20-day moving average (MA) of 441.50, above the 50-day MA of 428.17, and above the 200-day MA of 400.73, indicating a bullish trend. The MACD of 38.82 indicates Negative momentum. The RSI at 75.04 is Negative, neither overbought nor oversold. The STOCH value of 78.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4394.

eXmotion Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
85
Outperform
¥28.68B16.270.73%17.32%33.18%
78
Outperform
¥3.30B23.162.59%3.13%6.51%
71
Outperform
¥22.03B12.771.70%15.21%12.50%
61
Neutral
¥17.66B26.1614.72%-22.02%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
41
Neutral
¥5.82B-21.19-10.02%98.58%
40
Underperform
¥13.63B-5.9816.67%67.75%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4394
eXmotion Co., Ltd.
541.00
129.21
31.38%
JP:3984
User Local, Inc.
1,794.00
-0.57
-0.03%
JP:4053
Sun Asterisk, Inc.
448.00
-28.00
-5.88%
JP:4396
System Support, Inc.
1,065.00
-195.39
-15.50%
JP:4813
Access Co., Ltd.
337.00
-344.00
-50.51%
JP:5255
Monstarlab Holdings Inc.
89.00
-104.00
-53.89%

eXmotion Co., Ltd. Corporate Events

eXmotion boosts profits on modest sales growth, plans dividend payout
Jul 3, 2026
eXmotion Co., Ltd. reported consolidated net sales of ¥706 million for the six months ended May 2026, a 4.6% increase year on year, while operating profit rose 30.2% to ¥97 million and ordinary profit climbed 29.5% to ¥100 million. ...
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.Date of analysis: Jul 07, 2026