FJ NEXT HOLDINGS CO. LTD. (8935) AI Stock Analysis

• Market Cap: ¥52.88B
• Dividend Yield: 2.97%
• Average Volume (3M): 67.95K
• Price to Earnings (P/E): 6.9
• Beta (1Y): 0.64
• Revenue Growth: 16.12%
• EPS Growth: 18.64%
• Country: JP
• Employees: 557
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 62.85
• Shares Outstanding: 34,646,500
• 10 Day Avg. Volume: 46,410
• 30 Day Avg. Volume: 67,946
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥1,349.00
• Price Target Upside: -16.63% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: ¥1,349.00 ▼(-16.63% Downside)

The overall stock score is driven primarily by strong financial performance and attractive valuation metrics. The stock benefits from robust revenue growth and low leverage, although cash flow variability poses a risk. Technical indicators suggest a stable trend without marked momentum extremes.

FJ NEXT HOLDINGS CO. LTD. Business Overview & Revenue Model

Company Description

FJ NEXT HOLDINGS CO., LTD. is a Japan-based company primarily engaged in the real estate business. The company operates in several sectors including condominium development and sales, hotel operations, and real estate management. Its core offerings center around the development and sale of condominiums under the 'Gala' brand, as well as providing after-sale services and real estate management solutions.

How the Company Makes Money

FJ NEXT HOLDINGS CO., LTD. generates revenue primarily through the development and sale of residential condominiums, a process that involves purchasing land, constructing properties, and selling completed units to individuals and investors. The company also earns income from managing properties, providing services such as maintenance and tenant management. Additionally, it operates hotels, generating revenue from hospitality services. Strategic partnerships with construction companies and financial institutions play a significant role in optimizing its operations and expanding its market reach, contributing to its overall earnings.

FJ NEXT HOLDINGS CO. LTD. Financial Statement Overview

Summary

The company shows strong revenue growth and profitability with a robust equity position and low leverage. However, cash flow variability indicates potential risks in cash management, necessitating attention to stabilize cash flows for long-term sustainability.

Income Statement

The company has shown consistent revenue growth over the years, with a significant increase from 2024 to 2025. Gross profit margin is stable, and there is a consistent net profit margin, indicating good profitability. The EBIT and EBITDA margins reflect strong operating efficiency and cash flow generation from operations.

Balance Sheet

The balance sheet reveals a strong equity base with a steady increase in stockholders' equity over the years. The debt-to-equity ratio is low, indicating financial stability and low leverage risk. However, the company's total assets to total liabilities have fluctuated, reflecting potential volatility in asset management.

Cash Flow

The cash flow statement shows variability, with a significant negative operating cash flow in 2025. While there was a positive free cash flow in 2024, the volatility in cash flow from year to year raises concerns about cash management. The company needs to stabilize its cash flow generation to ensure long-term sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	112.43B	112.43B	100.41B	84.69B	82.26B	72.99B
Gross Profit	20.64B	20.64B	20.17B	18.85B	19.74B	17.11B
EBITDA	9.85B	9.85B	9.79B	8.62B	9.50B	7.73B
Net Income	6.48B	6.48B	6.45B	5.62B	6.34B	4.98B
Balance Sheet
Total Assets	105.48B	105.48B	95.28B	88.94B	82.66B	84.38B
Cash, Cash Equivalents and Short-Term Investments	24.47B	24.47B	34.60B	32.25B	35.59B	23.14B
Total Debt	18.23B	18.23B	12.75B	13.47B	12.64B	20.82B
Total Liabilities	32.55B	32.55B	27.25B	25.92B	23.74B	30.51B
Stockholders Equity	72.92B	72.92B	68.03B	63.02B	58.92B	53.87B
Cash Flow
Free Cash Flow	0.00	-13.98B	4.62B	-4.57B	22.12B	7.87B
Operating Cash Flow	0.00	-13.88B	4.67B	-4.53B	22.21B	8.07B
Investing Cash Flow	0.00	4.91B	-5.04B	1.93B	7.00M	-89.00M
Financing Cash Flow	0.00	3.84B	-2.29B	-738.00M	-9.68B	-6.78B

FJ NEXT HOLDINGS CO. LTD. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1618.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8935, the sentiment is Positive. The current price of 1618 is above the 20-day moving average (MA) of 1583.95, above the 50-day MA of 1426.26, and above the 200-day MA of 1235.06, indicating a bullish trend. The MACD of 48.05 indicates Positive momentum. The RSI at 69.11 is Neutral, neither overbought nor oversold. The STOCH value of 55.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8935.

FJ NEXT HOLDINGS CO. LTD. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8864	80 Outperform	¥54.49B	16.71	4.30%	1.83%	28.90%	51.06%
8935	75 Outperform	¥52.88B	6.88	―	2.97%	16.12%	18.64%
3245	75 Outperform	¥54.16B	12.69	12.84%	3.63%	68.10%	27.55%
3486	72 Outperform	¥46.38B	8.14	29.42%	4.50%	131.00%	245.90%
2975	68 Neutral	¥41.12B	10.37	12.18%	2.12%	21.59%	41.67%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

FJ NEXT HOLDINGS CO. LTD. Corporate Events

FJ Next Holdings Reports Increased Sales but Faces Profitability Challenges

FJ Next Holdings Co., Ltd. reported a 12% increase in net sales for the fiscal year ended March 31, 2025, reaching ¥112,429 million. Despite the rise in sales, the company’s operating income and ordinary income showed marginal growth, with a slight increase in net income attributable to shareholders. The company’s financial position remains strong, with a high equity ratio of 69.1%, although cash flows from operating activities were negative. This financial performance indicates stable operations but highlights challenges in maintaining profitability amidst increased sales.