ROUND ONE (4680) AI Stock Analysis

• Market Cap: ¥335.86B
• Dividend Yield: 1.51%
• Average Volume (3M): 2.72M
• Price to Earnings (P/E): 20.2
• Beta (1Y): 0.88
• Revenue Growth: 11.92%
• EPS Growth: 33.70%
• Country: JP
• Employees: 2,108
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): 20.76
• Shares Outstanding: 289,161,960
• 10 Day Avg. Volume: 2,737,220
• 30 Day Avg. Volume: 2,717,036
• PEG Ratio: -15.68
• Price to Book (P/B): 3.66
• Price to Sales (P/S): 1.49
• P/FCF Ratio: 10.90
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ¥1,183.00 ▲(18.37% Upside)

ROUND ONE's overall stock score is driven by its strong financial performance, which is the most significant factor. The technical analysis indicates a bearish trend, which is a concern, while the valuation is fair but not particularly compelling. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

Consistent revenue growth reflects the company's ability to expand its market presence and attract more customers, supporting long-term business sustainability.

Cash Flow Generation

Robust cash flow generation ensures the company can fund future investments and maintain financial flexibility, crucial for long-term growth.

Profit Margin Improvement

Improving profit margins highlight operational efficiency and cost control, enhancing profitability and competitive positioning over time.

Negative Factors

Debt Monitoring

While debt is manageable, ongoing monitoring is essential to prevent financial strain, ensuring long-term stability and investment capacity.

Technical Outlook

Although not a fundamental factor, prolonged negative technical trends can impact investor sentiment, potentially affecting capital raising and stock performance.

Valuation Concerns

A fair valuation may limit upside potential, requiring the company to focus on strategic growth initiatives to enhance shareholder value over the long term.

ROUND ONE Business Overview & Revenue Model

Company Description

ROUND ONE (4680) is a leading entertainment and leisure company that operates a chain of amusement centers in Japan and other regions. The company offers a diverse range of recreational activities, including arcade games, bowling, karaoke, and various sports and entertainment options. ROUND ONE aims to provide a family-friendly environment where customers can enjoy a wide array of fun and engaging experiences under one roof.

How the Company Makes Money

ROUND ONE generates revenue primarily through the sale of game tokens, admissions, and services at its amusement centers. Key revenue streams include ticket sales for bowling, karaoke rooms, and arcade games, as well as food and beverage sales within the venues. The company also earns money from merchandise sales and event hosting. Additionally, ROUND ONE may benefit from partnerships with other entertainment brands or franchises that enhance its offerings and attract more customers, ultimately boosting its earnings.

ROUND ONE Financial Statement Overview

Summary

ROUND ONE is in a solid financial position with strong revenue and profit margin growth. The balance sheet is stable with a manageable level of debt, and cash flow generation is robust, supporting future investments.

Income Statement

ROUND ONE has shown significant improvement in revenue over the years with a solid revenue growth rate from the previous year. The gross profit margin and net profit margin are healthy, indicating effective cost management. The EBIT and EBITDA margins demonstrate strong operational efficiency. Overall, the income statement reflects a positive growth trajectory and profitability improvement.

Balance Sheet

The company's balance sheet displays a moderate debt-to-equity ratio, suggesting a balanced approach to leveraging. The equity ratio is stable, enhancing financial stability. Return on equity has improved, reflecting better utilization of shareholders' equity. However, the company should monitor its debt levels to maintain financial health.

Cash Flow

ROUND ONE demonstrates strong cash flow performance with consistent operating cash flow growth. The free cash flow growth rate indicates efficient capital expenditure management. The ratios of operating cash flow and free cash flow to net income are favorable, showcasing robust cash generation relative to earnings. Continued focus on cash flow optimization will further strengthen financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	180.15B	177.06B	159.18B	142.05B	96.42B	60.97B
Gross Profit	35.17B	33.44B	29.55B	21.36B	2.02B	-16.24B
EBITDA	55.01B	49.01B	44.81B	35.68B	21.55B	-5.09B
Net Income	16.21B	16.03B	15.67B	9.74B	3.94B	-17.97B
Balance Sheet
Total Assets	255.23B	213.66B	185.46B	170.62B	157.70B	150.58B
Cash, Cash Equivalents and Short-Term Investments	51.71B	51.15B	36.46B	29.11B	46.32B	44.85B
Total Debt	157.72B	105.98B	83.64B	82.96B	70.52B	84.17B
Total Liabilities	186.99B	141.30B	114.93B	109.44B	103.10B	109.68B
Stockholders Equity	68.25B	72.35B	70.54B	61.18B	54.60B	40.89B
Cash Flow
Free Cash Flow	0.00	24.27B	29.07B	24.00B	21.05B	-13.94B
Operating Cash Flow	0.00	45.47B	44.63B	35.83B	28.30B	-7.53B
Investing Cash Flow	0.00	-23.99B	-15.36B	-11.91B	-8.47B	-6.34B
Financing Cash Flow	0.00	-25.09B	-22.86B	-42.11B	-19.30B	24.09B

ROUND ONE Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 999.40
• 50DMA: Positive
• 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:4680, the sentiment is Positive. The current price of 999.4 is below the 20-day moving average (MA) of 1116.85, below the 50-day MA of 1062.23, and below the 200-day MA of 1199.32, indicating a neutral trend. The MACD of 21.78 indicates Negative momentum. The RSI at 60.79 is Neutral, neither overbought nor oversold. The STOCH value of 60.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4680.

ROUND ONE Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7085	76 Outperform	¥73.55B	17.09	―	2.22%	5.92%	20.63%
7458	72 Outperform	¥177.34B	12.11	―	3.40%	6.12%	-3.75%
4680	67 Neutral	¥335.86B	20.25	―	1.51%	11.92%	33.70%
9166	67 Neutral	¥140.73B	49.45	―	―	62.69%	-37.72%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
4801	61 Neutral	¥28.09B	27.14	―	1.85%	4.17%	-20.08%
4343	52 Neutral	¥58.97B	42.54	―	―	6.00%	-184.09%

ROUND ONE Corporate Events

Round One Posts Double-Digit December Sales Growth Across Japan Entertainment Centers

Round One reported solid growth in Japan for December 2025, with total sales up 12.7% year-on-year at existing stores, driven by double-digit increases in bowling, amusement, and Spo-cha, and supported by gains in karaoke and other categories. For the fiscal year to date through December, cumulative domestic sales rose 7.5%, reflecting broad-based demand across its entertainment offerings and confirming a sustained recovery in customer traffic that strengthens the company’s operating momentum heading into the remainder of the fiscal year.

The most recent analyst rating on (JP:4680) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on ROUND ONE stock, see the JP:4680 Stock Forecast page.

Round One Corporation Reports Strong November Sales Growth

Round One Corporation reported a positive sales performance for November 2025, with a notable increase in sales across its various segments in both Japan and the USA. In Japan, total sales rose by 10.1% compared to the previous year, driven by strong performances in karaoke and bowling. Meanwhile, in the USA, sales increased by 2.9%, with bowling and amusement leading the growth. This upward trend reflects the company’s robust market positioning and its ability to attract customers through its diverse entertainment offerings.

The most recent analyst rating on (JP:4680) stock is a Hold with a Yen1074.00 price target. To see the full list of analyst forecasts on ROUND ONE stock, see the JP:4680 Stock Forecast page.

ROUND ONE Corporation Adopts IFRS for Enhanced Financial Reporting

ROUND ONE Corporation has announced the voluntary adoption of International Financial Reporting Standards (IFRS) in place of Japanese GAAP for its consolidated financial statements, starting with the fiscal year ended March 31, 2025. This transition aims to enhance the comparability of financial information and improve management efficiency, potentially impacting the company’s operations and its positioning within the industry.

The most recent analyst rating on (JP:4680) stock is a Hold with a Yen1218.00 price target. To see the full list of analyst forecasts on ROUND ONE stock, see the JP:4680 Stock Forecast page.

Round One Corporation Reports Strong Sales Growth in October 2025

Round One Corporation reported a positive sales performance for October 2025, with notable growth in its bowling, amusement, and karaoke segments in Japan, and a steady increase in the USA. The sales figures indicate a robust market position and suggest continued consumer interest in their entertainment offerings, which could have favorable implications for stakeholders.

The most recent analyst rating on (JP:4680) stock is a Hold with a Yen1218.00 price target. To see the full list of analyst forecasts on ROUND ONE stock, see the JP:4680 Stock Forecast page.