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Space Shower Skiyaki Holdings Inc. (JP:4838)
:4838
Japanese Market
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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 75 (OpenAI - 5.2)
Rating:75Outperform
Price Target:
¥848.00
▲(8.58% Upside)
Action:Reiterated
Date:05/15/26
The score is driven primarily by strong financial health (low leverage, improved profitability, and strong free cash flow) and a reasonable valuation with a solid dividend yield. These are partly offset by weak technical signals, with the stock trading below key longer-term moving averages and negative MACD indicating soft momentum.
Positive Factors
Conservative Balance Sheet
Minimal leverage and materially expanded equity provide durable financial flexibility. With debt-to-equity around ~0.0x in 2023–2025 and assets growing, the company can fund content, events and platform investments internally without needing frequent external financing, reducing solvency and refinancing risk.
Negative Factors
Earnings/Margin Volatility
Historical swings in margins and earnings quality suggest underlying revenue or cost cyclicality tied to events, content timing or rights costs. Persistent volatility raises execution risk for predictable profitability and complicates planning for steady dividend and reinvestment policies over a multi-quarter horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Minimal leverage and materially expanded equity provide durable financial flexibility. With debt-to-equity around ~0.0x in 2023–2025 and assets growing, the company can fund content, events and platform investments internally without needing frequent external financing, reducing solvency and refinancing risk.
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 overall fundamentals: revenue has rebounded strongly since 2021, profitability is consistently positive with a sharp net income step-up in 2026, leverage is minimal, and free cash flow is consistently positive with a major uplift in 2026. Main risk is some year-to-year margin and free-cash-flow volatility (notably weaker scaling in 2025).
Income Statement
74
Positive
Balance Sheet
88
Very Positive
Cash Flow
82
Very Positive
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue21.37B22.86B20.64B16.14B15.38B13.86B
Gross Profit5.95B6.50B5.11B2.92B2.40B2.76B
EBITDA1.84B2.57B1.51B970.38M442.61M283.37M
Net Income480.39M1.20B287.56M280.17M348.26M573.60M
Balance Sheet
Total Assets15.24B18.42B15.96B8.22B7.85B7.26B
Cash, Cash Equivalents and Short-Term Investments5.59B7.07B6.49B3.12B2.67B2.00B
Total Debt50.59M16.88M67.48M1.06M8.64M23.25M
Total Liabilities7.11B9.48B7.88B4.28B4.16B3.90B
Stockholders Equity8.05B8.84B8.02B3.93B3.69B3.36B
Cash Flow
Free Cash Flow0.003.27B738.97M1.01B779.02M614.77M
Operating Cash Flow0.003.51B1.31B1.16B891.61M845.81M
Investing Cash Flow0.00-2.43B-640.15M-609.55M-124.14M-308.98M
Financing Cash Flow0.00-502.40M-352.44M-90.43M-97.72M-1.36B

Space Shower Skiyaki Holdings Inc. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price781.00
Price Trends
50DMA
754.49
Negative
100DMA
768.72
Negative
200DMA
773.70
Negative
Market Momentum
MACD
-10.62
Negative
RSI
44.67
Neutral
STOCH
24.36
Neutral
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 above the 20-day moving average (MA) of 727.10, above the 50-day MA of 754.49, and above the 200-day MA of 773.70, indicating a bearish trend. The MACD of -10.62 indicates Negative momentum. The RSI at 44.67 is Neutral, neither overbought nor oversold. The STOCH value of 24.36 is Neutral, 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
75
Outperform
¥11.84B9.971.84%10.76%324.17%
74
Outperform
¥106.77B14.191.71%5.83%28.78%
72
Outperform
¥1.17T36.087.76%1.67%3.12%21.97%
72
Outperform
¥318.28B11.697.48%1.79%4.76%15.97%
70
Outperform
¥16.35B13.163.04%-3.59%-29.46%
62
Neutral
¥27.71B27.182.17%0.48%103.08%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4838
Space Shower Skiyaki Holdings Inc.
716.00
188.55
35.75%
JP:9412
SKY Perfect JSAT Holdings
4,260.00
3,083.20
262.00%
JP:9409
TV Asahi Holdings
3,105.00
592.93
23.60%
JP:4839
WOWOW INC.
1,021.00
41.65
4.25%
JP:9413
TV Tokyo Holdings Corporation
3,865.00
342.28
9.72%
JP:9414
Nippon BS Broadcasting Corp.
912.00
36.64
4.19%
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: May 15, 2026