Writeup Co., Ltd. (6580) AI Stock Analysis

• Market Cap: ¥8.08B
• Dividend Yield: 0.61%
• Average Volume (3M): 17.22K
• Price to Earnings (P/E): 14.7
• Beta (1Y): 0.82
• Revenue Growth: 32.31%
• EPS Growth: 105.04%
• Country: JP
• Employees: 140
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): 48.52
• Shares Outstanding: 5,806,000
• 10 Day Avg. Volume: 19,320
• 30 Day Avg. Volume: 17,216
• PEG Ratio: 0.12
• Price to Book (P/B): 2.08
• Price to Sales (P/S): 1.62
• P/FCF Ratio: 15.62
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ¥1,750.00 ▼(-38.79% Downside)
• Action: Reiterated Date: 03/11/26
• Date: Action: Reiterated 03/11/26

Strong financial performance (revenue/profit growth, solid margins, and robust cash flow) supports the score, but is meaningfully offset by weak technicals (price below key moving averages and negative MACD). Valuation is reasonable with only a modest dividend yield.

Positive Factors

Revenue Growth

Consistent double-digit revenue growth indicates expanding client adoption and demand for core services. Over the medium term this supports scale economies, recurring cash inflows and provides a foundation for reinvestment into products, supporting durable top-line momentum and market share gains.

Margin & Operational Efficiency

Stable gross margins and rising net margins reflect effective cost control and operational leverage. Sustained margin strength improves the company’s ability to fund R&D and SG&A, absorb pricing pressure, and maintain profitability through cycles, supporting long-term cash generation and competitiveness.

Cash Generation & Free Cash Flow

Growing operating and free cash flow demonstrates reliable cash conversion from earnings, enabling investment, debt repayment and shareholder returns without relying on external funding. This cash strength enhances financial flexibility and resilience over the coming quarters.

Negative Factors

Rising Total Liabilities

Although leverage is currently low, a rising trend in total liabilities could erode the company’s conservative balance sheet over time. If liabilities accelerate relative to earnings and cash flow, financial flexibility and investment capacity could be constrained, raising refinancing and risk exposure.

Small Employee Base / Scale Constraints

A compact employee base can limit the company’s ability to scale operations quickly, diversify services, and absorb key-person dependency. For a services business, constrained human capital may slow new client onboarding and geographic or product expansion, increasing execution risk over months.

Limited Forward Guidance / Disclosure

Absence of guidance and public earning-call highlights reduces visibility into management’s near-term plans and resource allocation. This opacity makes it harder for stakeholders to assess future revenue drivers and capital deployment, raising uncertainty around execution and strategic clarity.

Writeup Co., Ltd. Business Overview & Revenue Model

Company Description

Writeup Co.,Ltd. provides consulting and training services in Japan. It also engages in the wholesale of IT tools and Web content production. The company was incorporated in 2002 and is headquartered in Tokyo, Japan.

How the Company Makes Money

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Writeup Co., Ltd. Financial Statement Overview

Summary

Strong overall fundamentals supported by solid income statement performance (revenue growth and improving profitability), healthy balance sheet with low leverage and improved ROE (though rising liabilities warrant monitoring), and strong cash generation with growing operating and free cash flow.

Income Statement

Writeup Co., Ltd. has demonstrated strong revenue growth with a significant increase from 2024 to 2025. The gross profit margin remains robust, indicating efficient cost management. The net profit margin has also improved, reflecting enhanced profitability. EBIT and EBITDA margins are solid, showcasing operational efficiency.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio, indicating low financial leverage. The equity ratio is high, reflecting a strong equity base relative to total assets. Return on equity has improved, suggesting effective use of shareholder funds. However, the increase in total liabilities warrants monitoring.

Cash Flow

Operating cash flow has increased, supporting the company's ability to generate cash from operations. Free cash flow has shown substantial growth, indicating strong cash generation capabilities. The operating cash flow to net income ratio is favorable, suggesting efficient cash conversion from earnings.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	4.14B	4.00B	2.78B	2.22B	2.78B	2.13B
Gross Profit	3.36B	3.23B	2.26B	1.80B	2.37B	1.69B
EBITDA	890.49M	772.17M	354.25M	162.48M	849.54M	608.87M
Net Income	583.13M	485.04M	230.61M	109.75M	606.58M	431.08M
Balance Sheet
Total Assets	3.77B	4.19B	3.42B	3.01B	3.14B	2.51B
Cash, Cash Equivalents and Short-Term Investments	2.71B	2.72B	2.43B	2.25B	2.46B	1.94B
Total Debt	3.62M	5.79M	7.52M	3.49M	5.38M	7.25M
Total Liabilities	721.55M	1.07B	713.96M	544.07M	670.33M	452.16M
Stockholders Equity	3.05B	3.12B	2.70B	2.47B	2.47B	2.05B
Cash Flow
Free Cash Flow	0.00	415.21M	347.02M	-3.01M	577.62M	471.71M
Operating Cash Flow	0.00	415.21M	350.04M	-1.35M	578.67M	471.71M
Investing Cash Flow	0.00	-69.15M	-120.71M	-110.22M	-61.63M	706.00K
Financing Cash Flow	0.00	-55.73M	-42.40M	-101.94M	5.45M	-32.16M

Writeup Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2859.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6580, the sentiment is Negative. The current price of 2859 is above the 20-day moving average (MA) of 1688.10, above the 50-day MA of 2232.16, and above the 200-day MA of 2568.26, indicating a bearish trend. The MACD of -144.27 indicates Negative momentum. The RSI at 37.36 is Neutral, neither overbought nor oversold. The STOCH value of 15.08 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6580.

Writeup Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2483	76 Outperform	¥6.19B	14.96	―	3.96%	-2.24%	3.22%
6580	67 Neutral	¥8.08B	14.73	―	0.61%	32.31%	105.04%
7373	67 Neutral	¥25.73B	24.45	―	1.02%	24.97%	37.84%
4346	64 Neutral	¥9.34B	35.99	―	3.65%	16.07%	50.91%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
4384	62 Neutral	¥114.99B	21.77	19.59%	0.16%	18.08%	136.77%
7814	52 Neutral	¥28.06B	5.57	―	1.57%	9.04%	-0.91%