NETSTARS Co.,Ltd. (JP:5590)
:5590
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NETSTARS Co.,Ltd.
(5590)
Select Model
Select Model
Rating:61Neutral
Price Target:
¥881.00
▼(-15.53% Downside)
Action:ReiteratedDate:03/24/26
The score is mainly supported by improving financial performance and a very conservative, debt-free balance sheet. Offsetting this, technicals are weak with the stock trading below key moving averages and negative MACD, and valuation is less compelling due to a high P/E with no dividend yield data.
Positive Factors
Debt-free balance sheet
A zero-debt, conservative capital structure with rising equity provides durable financial flexibility. It lowers refinancing and solvency risk, supports investments or partnerships without leverage, and cushions operational shocks—important for multi‑year growth in fintech services.
Negative Factors
Free cash flow volatility
Although FCF remained positive historically, recent decline and year-to-year volatility reduce confidence in consistent cash generation. Irregular free cash flow can constrain funding for growth, product development, or partnerships without drawing on reserves or new capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt, conservative capital structure with rising equity provides durable financial flexibility. It lowers refinancing and solvency risk, supports investments or partnerships without leverage, and cushions operational shocks—important for multi‑year growth in fintech services.
Read all positive factors
NETSTARS Co.,Ltd. (5590) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥13.39B
Dividend YieldN/A
Average Volume (3M)118.17K
Price to Earnings (P/E)15.9
Beta (1Y)0.60
Revenue Growth25.85%
EPS GrowthN/A
CountryJP
Employees223
SectorTechnology
Sector Strength88
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)15.83
Shares Outstanding16,890,800
10 Day Avg. Volume218,840
30 Day Avg. Volume118,166
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)2.21
Price to Sales (P/S)3.52
P/FCF Ratio7.12
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)44.1
Revenue Forecast (FY)¥6.00B
NETSTARS Co.,Ltd. Business Overview & Revenue Model
Company Description
NETSTARS Co.,Ltd. engages in the QR code payment business in Japan. The company offers StarPay, a multi-cashless payment solution that enables integrated application and management of payment services; StarPay-mini, a development platform for mini...
How the Company Makes Money
NETSTARS Co.,Ltd. generates revenue primarily through its payment aggregation services, where it facilitates transactions between merchants and end consumers by integrating multiple QR code-based payment methods into a single platform. The company...
NETSTARS Co.,Ltd. Financial Statement Overview
Summary
Income Statement
70
Positive
Balance Sheet
82
Very Positive
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.34B | 4.79B | 3.90B | 3.72B | 2.99B | 1.96B |
| Gross Profit | 3.35B | 3.67B | 2.98B | 2.62B | 1.86B | 1.03B |
| EBITDA | 553.83M | 538.48M | 138.29M | -136.78M | -435.81M | -925.84M |
| Net Income | 305.08M | 485.02M | -37.62M | -347.69M | -572.53M | -1.02B |
Balance Sheet | ||||||
| Total Assets | 38.27B | 38.35B | 35.74B | 28.36B | 21.58B | 18.51B |
| Cash, Cash Equivalents and Short-Term Investments | 36.41B | 36.21B | 33.88B | 26.52B | 19.75B | 16.89B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 31.07B | 30.72B | 28.63B | 21.29B | 15.12B | 11.50B |
| Stockholders Equity | 7.19B | 7.63B | 7.11B | 7.07B | 6.46B | 7.01B |
Cash Flow | ||||||
| Free Cash Flow | 2.62B | 2.36B | 7.51B | 5.83B | 2.81B | 6.77B |
| Operating Cash Flow | 2.62B | 2.38B | 7.51B | 6.01B | 3.22B | 7.06B |
| Investing Cash Flow | -58.00M | -111.55M | -200.56M | -187.02M | -377.98M | -642.60M |
| Financing Cash Flow | 0.00 | 66.00M | 9.92M | 933.50M | -600.00K | 4.32B |
NETSTARS Co.,Ltd. Technical Analysis
Neutral
1043.00
Price Trends
800.90
Negative
879.91
Negative
990.85
Negative
Market Momentum
0.58
Negative
50.48
Neutral
72.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5590, the sentiment is Neutral. The current price of 1043 is above the 20-day moving average (MA) of 774.60, above the 50-day MA of 800.90, and above the 200-day MA of 990.85, indicating a neutral trend. The MACD of 0.58 indicates Negative momentum. The RSI at 50.48 is Neutral, neither overbought nor oversold. The STOCH value of 72.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:5590.
NETSTARS Co.,Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | ¥78.61B | 21.69 | ― | 2.02% | 13.52% | 7.75% | |
81 Outperform | ¥25.37B | 17.71 | ― | 2.50% | 16.70% | 22.23% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | ¥13.39B | 15.89 | ― | ― | 25.85% | ― | |
59 Neutral | ¥40.88B | 20.82 | ― | ― | 13.25% | 1251.39% | |
57 Neutral | ¥9.26B | -28.24 | ― | ― | 12.25% | -1134.27% | |
56 Neutral | ¥73.13B | 12.85 | ― | 2.44% | 15.20% | -16.02% |
* Technology Sector Average
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NETSTARS Co.,Ltd. Corporate Events
NETSTARS Swings to Profit and Projects Strong Growth for 2026
Feb 17, 2026
NETSTARS reported strong growth for the year ended December 31, 2025, with net sales rising 22.7% to ¥4.79 billion and a return to profitability, posting ¥293 million in operating profit and ¥485 million in profit attributable to ow...
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.