Margin Expansion & Revenue GrowthSustained margin expansion to ~69% gross and ~17% net alongside multi-year revenue growth indicates durable unit economics and effective cost control in the core affiliate business. Higher margins provide recurring internal capital for product development, sales investment, and buffer against cyclical ad weakness.

Strong Cash GenerationConsistent positive free cash flow and a substantial operating-cash-flow-to-net-income ratio signal high quality earnings and self-funded growth capacity. This cash flexibility supports strategic investments, platform improvements and shareholder returns without heavy reliance on external financing.

Scalable Performance-Based ModelA performance-based affiliate model aligns revenue with measurable outcomes, lowering advertiser acquisition risk and enabling scalable, variable-cost growth. Network effects from advertisers and publishers can deepen inventory and improve conversion rates, sustaining long-term transaction volume and margin resilience.

Bears Say

Rising Debt TrendIncreasing total debt over several years, despite a balanced leverage ratio today, reduces financial flexibility and raises interest expense vulnerability if rates rise. Continued debt accumulation could constrain strategic options or force trade-offs between servicing debt and funding platform investments.

Revenue VolatilityA past revenue dip demonstrates exposure to cyclical advertiser spend or campaign fluctuations, which can make revenue and cash flows less predictable. For a transaction-driven model, this volatility complicates forecasting, capital allocation, and could amplify downside in weaker ad demand periods.

Undisclosed Customer/Partner ConcentrationAbsence of disclosure on major customers or partner concentration limits visibility into client risk. If revenue is driven by a few large advertisers or platforms, loss of any could cause outsized revenue swings. This opacity hampers assessment of durable revenue stability and counterparty dependency.

6045 FAQ

What was Rentracks Co., Ltd.’s price range in the past 12 months?

Rentracks Co., Ltd. lowest stock price was ¥822.00 and its highest was ¥1947.00 in the past 12 months.

What is Rentracks Co., Ltd.’s market cap?

Rentracks Co., Ltd.’s market cap is ¥14.08B.

When is Rentracks Co., Ltd.’s upcoming earnings report date?

Rentracks Co., Ltd.’s upcoming earnings report date is May 18, 2026 which is in 89 days.

How were Rentracks Co., Ltd.’s earnings last quarter?

Rentracks Co., Ltd. released its earnings results on Feb 12, 2026. The company reported ¥18.49 earnings per share for the quarter, beating the consensus estimate of N/A by ¥18.49.

Is Rentracks Co., Ltd. overvalued?

According to Wall Street analysts Rentracks Co., Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Rentracks Co., Ltd. pay dividends?

Rentracks Co., Ltd. pays a Semiannually dividend of ¥12 which represents an annual dividend yield of 2.19%. See more information on Rentracks Co., Ltd. dividends here

What is Rentracks Co., Ltd.’s EPS estimate?

Rentracks Co., Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Rentracks Co., Ltd. have?

Rentracks Co., Ltd. has 7,975,800 shares outstanding.

What happened to Rentracks Co., Ltd.’s price movement after its last earnings report?

Rentracks Co., Ltd. reported an EPS of ¥18.49 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.518%.

Which hedge fund is a major shareholder of Rentracks Co., Ltd.?

Currently, no hedge funds are holding shares in JP:6045

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Rentracks Co., Ltd.

Rentracks Co.,Ltd. offers WEB consulting and Internet media services in Japan and internationally. The company's WEB consulting services include SEO, SEM, customer attraction websites building, web production, and advertising agency services; and Internet media services comprise planning, production, and operation of various websites. It also operates as a closed affiliate service provider; and offers GAME FEAT that provides advertising services to support monetization of game apps, as well as RT Management, a cloud type personnel affairs system service. The company was formerly known as Coel Co, Ltd. and changed its name to Rentracks Co.,Ltd. in January 2006. Rentracks Co.,Ltd. was founded in 2005 and is based in Tokyo, Japan.