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ANYCOLOR Inc. (JP:5032)
:5032
Japanese Market
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ANYCOLOR Inc. (5032) AI Stock Analysis

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JP:5032

ANYCOLOR Inc.

(5032)

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Outperform 77 (OpenAI - 5.2)
Rating:77Outperform
Price Target:
¥3,201.00
▼(-32.33% Downside)
Action:ReiteratedDate:03/13/26
The score is driven primarily by strong financial performance—high margins, rapid revenue growth, minimal leverage, and solid cash conversion. This is partially offset by weak technicals (price below major moving averages and negative MACD), while valuation remains supportive with a reasonable P/E and a moderate dividend yield.
Positive Factors
High margins & revenue growth
Sustained high gross and net margins alongside 26.7% revenue growth indicate durable monetization of owned IP and strong unit economics. Robust EBIT/EBITDA margins imply scalable content economics and pricing power across merchandise, events and licensing over the medium term.
Negative Factors
Concentration in VTuber IP
Business concentration on a single franchise and talent roster creates dependency on creator popularity, content relevance and reputational risk. Talent departures, scandals or declining engagement could materially reduce merch, sponsorship and event revenue over several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
High margins & revenue growth
Sustained high gross and net margins alongside 26.7% revenue growth indicate durable monetization of owned IP and strong unit economics. Robust EBIT/EBITDA margins imply scalable content economics and pricing power across merchandise, events and licensing over the medium term.
Read all positive factors

ANYCOLOR Inc. (5032) vs. iShares MSCI Japan ETF (EWJ)

ANYCOLOR Inc. Business Overview & Revenue Model

Company Description
ANYCOLOR Inc. operates as an entertainment company in Japan and internationally. It produces NIJISANJI, a VTuber/Virtual Liver project; and other VTuber projects. The company provides management services for the virtual livers; and creates live2D ...
How the Company Makes Money
ANYCOLOR generates revenue primarily by monetizing its VTuber talent IP through multiple streams. (1) Merchandise sales: The company sells official goods tied to NIJISANJI talents (e.g., character goods and commemorative items), typically via its ...

ANYCOLOR Inc. Financial Statement Overview

Summary
Strong overall fundamentals: revenue grew 26.67% with high profitability (gross margin 46.90%, net margin 26.84%) and robust operating efficiency (EBIT margin 37.82%). Balance sheet risk is low with minimal leverage (debt-to-equity 0.002) and very strong ROE (52.40%). Cash generation is solid with operating cash flow exceeding net income (OCF/NI 1.56) and good cash conversion (FCF/NI 0.80).
Income Statement
92
Very Positive
Balance Sheet
88
Very Positive
Cash Flow
85
Very Positive
BreakdownTTMApr 2025Apr 2024Apr 2023Apr 2022Apr 2021
Income Statement
Total Revenue51.21B42.88B32.00B25.34B14.16B7.64B
Gross Profit24.61B19.96B15.15B11.58B5.96B2.93B
EBITDA20.98B16.62B12.52B9.55B4.32B1.54B
Net Income14.51B11.51B8.73B6.70B2.79B937.30M
Balance Sheet
Total Assets30.27B29.14B25.08B18.47B9.35B6.23B
Cash, Cash Equivalents and Short-Term Investments16.59B15.82B16.29B12.48B5.86B3.63B
Total Debt17.00M45.00M156.32M315.64M556.83M1.01B
Total Liabilities5.39B7.17B5.36B5.22B3.03B2.70B
Stockholders Equity24.87B21.97B19.72B13.26B6.32B3.53B
Cash Flow
Free Cash Flow0.009.02B6.55B6.65B2.60B1.20B
Operating Cash Flow0.0011.18B6.90B6.72B2.72B1.35B
Investing Cash Flow0.00-2.28B-658.53M-103.33M-34.54M-757.89M
Financing Cash Flow0.00-9.38B-2.44B104.00K-455.78M544.14M

ANYCOLOR Inc. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price4730.00
Price Trends
50DMA
3570.60
Negative
100DMA
4338.80
Negative
200DMA
4822.15
Negative
Market Momentum
MACD
-104.71
Negative
RSI
51.90
Neutral
STOCH
81.19
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5032, the sentiment is Negative. The current price of 4730 is above the 20-day moving average (MA) of 3050.75, above the 50-day MA of 3570.60, and below the 200-day MA of 4822.15, indicating a neutral trend. The MACD of -104.71 indicates Negative momentum. The RSI at 51.90 is Neutral, neither overbought nor oversold. The STOCH value of 81.19 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:5032.

ANYCOLOR 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
77
Outperform
¥168.12B16.531.17%48.80%57.67%
75
Outperform
¥1.22T25.5711.19%1.12%15.16%20.06%
67
Neutral
¥15.34B11.931.40%14.60%-65.73%
66
Neutral
¥546.27B28.181.12%1.10%16.74%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
59
Neutral
¥26.83B9.011.11%-2.51%-0.60%
49
Neutral
¥53.91B6.124.10%4.16%8.00%26.10%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:5032
ANYCOLOR Inc.
2,752.00
-859.85
-23.81%
JP:9602
Toho Co
1,456.50
-73.15
-4.78%
JP:7860
Avex Inc.
1,185.00
-48.42
-3.93%
JP:3791
IG Port, Inc.
1,334.00
-684.16
-33.90%
JP:4712
KeyHolder, Inc.
810.00
67.59
9.10%
JP:4816
Toei Animation Co., Ltd.
2,615.00
-722.15
-21.64%

ANYCOLOR Inc. Corporate Events

ANYCOLOR Raises Sales Outlook but Cuts Profit Forecast on Inventory Costs
Mar 11, 2026
ANYCOLOR Inc. revised its full-year forecast for the fiscal year ending April 30, 2026, following stronger-than-expected sales performance across commerce and events. Net sales are now projected to exceed the prior outlook, supported by robust thi...
ANYCOLOR Releases FY26/4 Q3 Results and Updates Growth Outlook
Mar 11, 2026
ANYCOLOR Inc. reported its financial results for the third quarter of FY26/4, outlining recent business performance and key financial metrics for the period. The disclosure also provides investors with an outlook for the fourth quarter and a full-...
ANYCOLOR Posts Strong Nine-Month Earnings and Lifts Full-Year Outlook
Mar 11, 2026
ANYCOLOR Inc. reported strong non-consolidated results for the nine months ended Jan. 31, 2026, with net sales up 45.4% year on year to ¥42.0 billion and net profit climbing 55.5% to ¥11.8 billion. Earnings per share rose to ¥193.03...
ANYCOLOR Nearly Maxes Out ¥5 Billion Share Buyback Ahead of Schedule
Feb 17, 2026
ANYCOLOR Inc. has completed a previously announced share buyback program, repurchasing 1,177,100 shares of its common stock for a total of approximately 4.9998 billion yen through market purchases on the Tokyo Stock Exchange between January 22 and...
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 13, 2026