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Space Shower Skiyaki Holdings Inc. (JP:4838)
:4838
Japanese Market

Space Shower Skiyaki Holdings Inc. (4838) AI Stock Analysis

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JP:4838

Space Shower Skiyaki Holdings Inc.

(4838)

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Outperform 74 (OpenAI - 5.2)
Rating:74Outperform
Price Target:
¥874.00
▲(11.91% Upside)
Action:UpgradedDate:03/01/26
The score is primarily driven by solid financial performance (strong revenue growth, improving operating profitability, and a low-leverage, cash-supported balance sheet). Technicals are supportive due to a strong uptrend, but overbought readings temper the outlook. Valuation is reasonable on P/E, with a modest dividend yield providing limited additional support.
Positive Factors
Multi‑year revenue growth & improving margins
The company more than doubled reported revenue from ¥11.8B (2021) to ¥20.6B (2025) with improving gross and operating margins and EBIT turning positive. That trend indicates scalable content/event economics and improving operating leverage likely to support sustainable profit expansion over months.
Negative Factors
Inconsistent net income and volatile profitability
Volatile net income and fluctuating margins imply earnings are sensitive to event timing, content costs and one-off items. That variability undermines earnings predictability, complicates multi‑period planning and makes it harder to rely on steady distributable profits or to forecast ROE improvement reliably.
Read all positive and negative factors
Positive Factors
Negative Factors
Multi‑year revenue growth & improving margins
The company more than doubled reported revenue from ¥11.8B (2021) to ¥20.6B (2025) with improving gross and operating margins and EBIT turning positive. That trend indicates scalable content/event economics and improving operating leverage likely to support sustainable profit expansion over months.
Read all positive factors

Space Shower Skiyaki Holdings Inc. (4838) vs. iShares MSCI Japan ETF (EWJ)

Space Shower Skiyaki Holdings Inc. Business Overview & Revenue Model

Company Description
Space Shower Skiyaki Holdings Inc., a music entertainment company, develops various media and content businesses in Japan. The company offers artist management, music labels, digital music distribution services, and video production contents. It a...
How the Company Makes Money
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Space Shower Skiyaki Holdings Inc. Financial Statement Overview

Summary
Strong multi-year revenue growth and improving operating margins (EBIT turning positive; EBITDA margin up to 5.2% in 2025) support the score. A very low debt-to-equity ratio, rising equity (¥8.0B), and solid cash reserves add stability. Offsetting factors are inconsistent net income and uneven free cash flow growth (slight decline in 2025).
Income Statement
76
Positive
Balance Sheet
83
Very Positive
Cash Flow
72
Positive
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue21.37B20.64B16.14B15.38B13.86B11.77B
Gross Profit5.95B5.11B2.92B2.40B2.76B2.27B
EBITDA1.84B1.51B970.38M442.61M283.37M-111.84M
Net Income480.39M287.56M280.17M348.26M573.60M-210.81M
Balance Sheet
Total Assets15.24B15.96B8.22B7.85B7.26B7.16B
Cash, Cash Equivalents and Short-Term Investments5.59B6.49B3.12B2.67B2.00B2.83B
Total Debt50.59M67.48M1.06M8.64M23.25M33.70M
Total Liabilities7.11B7.88B4.28B4.16B3.90B3.07B
Stockholders Equity8.05B8.02B3.93B3.69B3.36B4.07B
Cash Flow
Free Cash Flow0.00738.97M1.01B779.02M614.77M313.47M
Operating Cash Flow0.001.31B1.16B891.61M845.81M347.46M
Investing Cash Flow0.00-640.15M-609.55M-124.14M-308.98M39.42M
Financing Cash Flow0.00-352.44M-90.43M-97.72M-1.36B-126.83M

Space Shower Skiyaki Holdings Inc. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price781.00
Price Trends
50DMA
825.96
Negative
100DMA
795.58
Negative
200DMA
760.29
Positive
Market Momentum
MACD
-11.39
Positive
RSI
40.84
Neutral
STOCH
7.88
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4838, the sentiment is Negative. The current price of 781 is below the 20-day moving average (MA) of 838.20, below the 50-day MA of 825.96, and above the 200-day MA of 760.29, indicating a neutral trend. The MACD of -11.39 indicates Positive momentum. The RSI at 40.84 is Neutral, neither overbought nor oversold. The STOCH value of 7.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4838.

Space Shower Skiyaki Holdings Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
¥13.23B13.001.84%22.56%1669.86%
70
Outperform
¥16.92B16.203.04%-3.50%-7.58%
69
Neutral
¥115.53B10.121.71%7.01%72.94%
68
Neutral
¥876.99B24.117.76%1.67%0.97%12.23%
64
Neutral
¥371.59B6.577.48%1.79%6.63%80.44%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
57
Neutral
¥35.70B5.842.17%1.78%1067.85%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4838
Space Shower Skiyaki Holdings Inc.
798.00
315.00
65.22%
JP:9412
SKY Perfect JSAT Holdings
3,095.00
1,968.43
174.73%
JP:9409
TV Asahi Holdings
3,660.00
1,099.12
42.92%
JP:4839
WOWOW INC.
1,318.00
309.69
30.71%
JP:9413
TV Tokyo Holdings Corporation
4,220.00
610.16
16.90%
JP:9414
Nippon BS Broadcasting Corp.
949.00
77.51
8.89%
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: Mar 01, 2026