RVH Inc. (6786) AI Stock Analysis

• Market Cap: ¥1.34B
• Dividend Yield: N/A
• Average Volume (3M): 188.10K
• Price to Earnings (P/E): 34.9
• Beta (1Y): 0.82
• Revenue Growth: 4.53%
• EPS Growth: 58.34%
• Country: JP
• Employees: 145
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.37
• Shares Outstanding: 25,321,760
• 10 Day Avg. Volume: 185,600
• 30 Day Avg. Volume: 188,100
• PEG Ratio: 0.11
• Price to Book (P/B): 2.40
• Price to Sales (P/S): 1.22
• P/FCF Ratio: -8.02
• 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: 52 Neutral
• Price Target: ¥54.00 ▲(5.88% Upside)
• Action: Reiterated Date: 01/20/26
• Date: Action: Reiterated 01/20/26

The score is primarily held back by weak financial performance, driven by ongoing profitability and cash flow challenges. Technical indicators are moderately supportive with positive momentum, but the stock appears near overbought levels. Valuation is difficult to justify on earnings due to losses and there is no dividend yield data to offset that risk.

Positive Factors

Strong liquidity

A high cash and short-term investments balance provides a durable runway to fund operations, R&D, or restructuring while margins recover. This liquidity buffer reduces near-term insolvency risk and lowers forced external financing dependency, preserving strategic optionality.

Reasonable leverage

A stable equity base and moderate debt profile indicate conservative capital structure, which lowers interest burden and preserves borrowing capacity. This financial flexibility supports investment or M&A and increases resilience to industry shocks over the next several quarters.

Improving gross margins & revenue uptick

A recent revenue increase combined with slight gross margin improvement suggests operational or pricing progress. If sustained, these trends can drive margin expansion and help convert revenue into operating cash flow, underpinning a path toward durable profitability.

Negative Factors

Negative cash flow

Persistent negative operating and free cash flow erode reserves and force reliance on external financing or asset sales. Over time this constrains organic investment in product and sales, increases financing costs, and can dilute shareholders or raise leverage if losses continue.

Ongoing operating losses

Sustained negative EBIT and net margins prevent internal self-funding of growth and damage retained earnings. Continued operating losses limit strategic options, increase vulnerability to competitive pressure, and make achieving durable profitability more challenging.

Multi-period revenue decline

Near-20% reported revenue decline signals weakening market traction or product demand. Declining top line reduces scale benefits, pressures margins, and heightens the need for costly customer acquisition or pivots; recent upticks may not offset the structural trend.

RVH Inc. Business Overview & Revenue Model

Company Description

RVH Inc. engages in the beauty care, systems development, graphics, and solar energy businesses in Japan. It operates FLASH, an eyelash salon, which provides eyelash extension treatment services; and sells cosmetics, health food products, etc. The company also provides FVT-air, a medical image display software for medical institutions; undertakes system development activities comprising embedded and IT systems development, inspection equipment solutions, and business management systems; and promotes and develops solar power plants on farmland, and regeneration of abandoned farmland and agriculture. In addition, it offers solutions and support for IT, personnel, and security in the fields of temporary staffing, system development, and PC recycling; and business system development and IT support through a lean system development system, as well as staffing for system engineering and back office, PC data deletion, and recycling services. The company was formerly known as RealVision Inc. and changed its name to RVH Inc. in April 2015. RVH Inc. was incorporated in 1996 and is headquartered in Tokyo, Japan.

RVH Inc. Financial Statement Overview

Summary

Income statement and cash flow are weak (negative EBIT/net income margins and negative operating/free cash flow). The balance sheet is relatively stronger with solid liquidity and a reasonable leverage profile, but profitability and cash generation remain key risks.

Income Statement

RVH Inc. has experienced fluctuating revenue trends with a recent increase from 2024 to 2025. However, the company is struggling with profitability, as indicated by negative EBIT and net income margins. The gross profit margin has improved slightly, but overall profitability remains a concern.

Balance Sheet

The balance sheet shows a stable equity base with a reasonable debt-to-equity ratio. However, the company has a high level of cash and short-term investments, which suggests a strong liquidity position. The equity ratio indicates a solid financial structure, but the company needs to address its profitability issues to enhance shareholder value.

Cash Flow

RVH Inc. has negative free cash flow, which is concerning for long-term sustainability. The operating cash flow is also negative, indicating challenges in generating cash from operations. Despite this, the company has managed its investing and financing activities to maintain liquidity.

Breakdown	TTM	Mar 2025	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	1.42B	1.47B	1.28B	1.30B	1.23B	1.47B
Gross Profit	449.46M	483.86M	267.62M	314.35M	284.68M	284.00M
EBITDA	-50.02M	-20.54M	-67.45M	-106.74M	-137.84M	-149.00M
Net Income	-249.13M	-230.86M	-813.12M	-183.18M	-119.54M	-5.45B
Balance Sheet
Total Assets	1.09B	1.05B	1.30B	2.09B	1.89B	2.59B
Cash, Cash Equivalents and Short-Term Investments	446.89M	525.56M	626.30M	615.66M	1.04B	930.00M
Total Debt	166.66M	136.24M	146.58M	128.03M	130.61M	154.00M
Total Liabilities	356.26M	301.06M	314.00M	295.49M	298.56M	938.00M
Stockholders Equity	733.74M	749.11M	981.99M	1.79B	1.59B	1.65B
Cash Flow
Free Cash Flow	0.00	-224.04M	-3.90M	74.84M	-1.07B	-50.00M
Operating Cash Flow	0.00	-213.80M	-2.19M	117.97M	-1.06B	-46.00M
Investing Cash Flow	0.00	124.36M	-5.53M	-641.64M	1.14B	-1.04B
Financing Cash Flow	0.00	-11.30M	18.36M	98.19M	25.10M	152.00M

RVH Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 51.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6786, the sentiment is Negative. The current price of 51 is below the 20-day moving average (MA) of 53.75, below the 50-day MA of 56.98, and below the 200-day MA of 71.37, indicating a bearish trend. The MACD of -0.76 indicates Negative momentum. The RSI at 45.33 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6786.

RVH Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3917	66 Neutral	¥4.72B	62.68	―	―	7.40%	―
5033	66 Neutral	¥4.86B	21.99	―	―	7.60%	19.13%
3826	64 Neutral	¥4.98B	9.17	―	2.28%	―	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
6786	52 Neutral	¥1.34B	34.86	―	―	4.53%	58.34%
3909	51 Neutral	¥2.33B	206.76	―	―	-32.56%	―
3910	44 Neutral	¥1.62B	7.76	―	1.35%	9.45%	―