Cybozu, Inc. (4776) AI Stock Analysis

• Market Cap: ¥164.02B
• Dividend Yield: 0.84%
• Average Volume (3M): 264.18K
• Price to Earnings (P/E): 31.2
• Beta (1Y): 0.95
• Revenue Growth: 22.97%
• EPS Growth: 107.52%
• Country: JP
• Employees: 1,321
• Sector: Technology
• Sector Strength: 84
• Industry: Software - Application
• EPS (TTM): 19.11
• Shares Outstanding: 52,757,800
• 10 Day Avg. Volume: 222,130
• 30 Day Avg. Volume: 264,180
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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

• Rating: 72 Outperform
• Price Target: ―

Cybozu, Inc. has a strong financial foundation with impressive revenue growth and a solid balance sheet, positioning it well for future growth. However, the high P/E ratio suggests potential overvaluation, and the stock is currently under pressure based on technical indicators. These factors combined result in a moderately positive outlook for the stock.

Cybozu, Inc. Business Overview & Revenue Model

Company Description

Cybozu, Inc. develops and sells software solutions in Japan, China, Vietnam, Asia, Europe, and the United States. The company offers web-based groupware software that supports team collaboration for companies and public organizations, as well as for small teams, such as inter-company projects, volunteers, and families. Its products and services include Cybozu Office, a groupware for small and midsize enterprises; Cybozu Garoon, a groupware for midsize to large size enterprises; kintone, a PaaS structured as a business app; Cybozu KUNAI, a smartphone app; Cybozu MailWise, a mail sharing system; and Cybozu Remote Service, a relay service for external lines. The company also operates Cybozu Teamwork Research Institute that explores methods to improve teamwork, as well as provides seminars and training courses on these methods. The company was founded in 1997 and is based in Tokyo, Japan.

How the Company Makes Money

Cybozu, Inc. generates revenue primarily through the sale of its software products and cloud-based services. The company adopts a subscription-based model for its cloud services, where customers pay recurring fees to access and utilize platforms like 'kintone'. This model ensures a steady stream of revenue as businesses continue to use and rely on these services for their operations. The company also earns income through licensing fees for its on-premise software solutions and offers consulting and support services that contribute to its earnings. Cybozu's strategic partnerships with various technology firms and its focus on expanding its presence internationally further bolster its revenue streams by reaching a wider customer base.

Cybozu, Inc. Financial Statement Overview

Summary

Cybozu, Inc. demonstrates strong financial performance with robust revenue growth and solid profit margins. The balance sheet is healthy with no debt and a strong equity ratio, while cash flow generation is efficient, although there is some volatility in profitability and free cash flow.

Income Statement

Cybozu, Inc. has demonstrated strong revenue growth over the years, with a notable increase from ¥13.4 billion in 2019 to ¥29.7 billion in 2024. The company maintains high gross and net profit margins, consistently improving its EBIT and EBITDA margins. In 2024, the gross profit margin is approximately 90%, and the net profit margin is around 12%, showcasing efficient cost management. However, the net income growth rate shows some volatility, indicating potential challenges in maintaining consistent profitability.

Balance Sheet

The balance sheet of Cybozu, Inc. reflects a healthy financial position with no debt since 2023, resulting in a debt-to-equity ratio of zero. The company's equity ratio has improved significantly, reaching approximately 55% in 2024, indicating strong financial stability. Return on equity (ROE) has seen substantial growth, from 1.42% in 2022 to over 30% in 2024, highlighting improved profitability for shareholders. The positive net debt position further enhances financial resilience.

Cash Flow

Cybozu, Inc. has shown robust free cash flow growth, particularly from 2023 to 2024, driven by strong operating cash flows. The operating cash flow to net income ratio is favorable, suggesting efficient cash generation relative to profits. The free cash flow has been positive and growing, though historical volatility in free cash flow highlights the need for sustained cash management efforts.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	31.53B	29.68B	25.43B	22.07B	18.49B	15.67B
Gross Profit	28.41B	26.73B	23.07B	20.12B	17.15B	14.59B
EBITDA	8.44B	7.53B	5.58B	2.56B	2.65B	3.62B
Net Income	4.34B	3.56B	2.49B	66.00M	551.00M	1.44B
Balance Sheet
Total Assets	20.59B	21.09B	19.25B	15.91B	14.04B	12.23B
Cash, Cash Equivalents and Short-Term Investments	3.98B	5.59B	6.49B	5.12B	4.80B	3.96B
Total Debt	0.00	0.00	0.00	4.68B	2.20B	0.00
Total Liabilities	8.45B	9.46B	8.00B	11.28B	7.67B	5.83B
Stockholders Equity	12.13B	11.63B	11.25B	4.63B	6.37B	6.40B
Cash Flow
Free Cash Flow	0.00	2.91B	2.10B	-1.65B	-888.00M	1.93B
Operating Cash Flow	0.00	5.60B	4.55B	1.33B	472.00M	2.54B
Investing Cash Flow	0.00	-3.09B	-2.53B	-3.12B	-1.49B	-290.00M
Financing Cash Flow	0.00	-3.60B	-777.00M	1.93B	1.70B	-459.00M

Cybozu, Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3560.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4776, the sentiment is Neutral. The current price of 3560 is below the 20-day moving average (MA) of 3897.50, below the 50-day MA of 3889.50, and above the 200-day MA of 3056.70, indicating a neutral trend. The MACD of -81.78 indicates Positive momentum. The RSI at 29.86 is Positive, neither overbought nor oversold. The STOCH value of 4.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4776.

Cybozu, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2326	76 Outperform	¥108.34B	33.35		1.10%	-10.59%	-26.51%
4776	72 Outperform	¥164.02B	31.21		0.84%	22.97%	107.52%
3983	63 Neutral	¥41.49B	23.50		1.10%	5.39%	-6.71%
4443	62 Neutral	¥238.54B	567.79		―	27.52%	-55.62%
Sector *	61 Neutral	$35.52B	8.84	-11.06%	1.87%	8.55%	-8.14%
2492	61 Neutral	¥81.38B	65.50		0.84%	21.75%	306.18%
4478	51 Neutral	¥189.98B	136.80		―	30.83%	―

Cybozu, Inc. Corporate Events

Cybozu Completes Treasury Stock Disposal for Compensation

Cybozu, Inc. has completed the payment procedures for the disposal of treasury stock as restricted stock compensation, a move initially announced in March 2025. This disposal involved 37,511 shares at a price of 2,877 yen per share, totaling 107,919,147 yen, and was allocated to the company’s representative director and several general managers, indicating a strategic approach to employee compensation and retention.

Cybozu, Inc. Reports Strong Sales Growth in March 2025

Cybozu, Inc. reported its preliminary monthly consolidated sales and cloud-related business sales for March 2025, showing a year-on-year growth of approximately 126.6% and 130.4% respectively. This growth reflects the company’s strong market positioning and the increasing demand for its cloud services, which could have positive implications for stakeholders and reinforce its competitive edge in the industry.

Cybozu, Inc. Reports Strong 2024 Financial Results and Expands in Southeast Asia

Cybozu, Inc. reported strong financial results for the fiscal year ending December 31, 2024, with a significant increase in net sales and profits compared to the previous year. The company also announced the inclusion of two new subsidiaries in Thailand, which is expected to enhance its market presence in Southeast Asia. The positive financial performance and strategic expansion highlight Cybozu’s robust growth trajectory and its commitment to strengthening its global footprint.