FJ NEXT HOLDINGS CO. LTD. (JP:8935)
:8935
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FJ NEXT HOLDINGS CO. LTD.
(8935)
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Rating:77Outperform
Price Target:
¥2,000.00
▲(38.12% Upside)
Action:Reiterated
Date:05/14/26
The score is driven primarily by improved financial performance with a conservatively levered balance sheet, supported by very attractive valuation (low P/E and solid dividend yield). Technicals are constructive on trend (price above key moving averages) but tempered by weakening momentum (negative MACD), while cash-flow volatility and margin slippage remain key risks.
Positive Factors
Accelerating top-line and profit recovery
The company delivered a meaningful rebound in revenue growth and net income in the latest year, showing the business can scale profits as volumes recover. Durable revenue expansion of this magnitude provides room to reinvest in projects, pay down liabilities, and support dividend policy over the next several quarters.
Negative Factors
Volatile operating cash flow
Operating cash flow has swung between strong positive and negative years, reflecting heavy working-capital swings tied to development timing. This inconsistency raises funding risk for capex, dividends and project pipelines, requiring prudent liquidity planning and potentially higher financing during downturns.
Read all positive and negative factors
Positive Factors
Negative Factors
Accelerating top-line and profit recovery
The company delivered a meaningful rebound in revenue growth and net income in the latest year, showing the business can scale profits as volumes recover. Durable revenue expansion of this magnitude provides room to reinvest in projects, pay down liabilities, and support dividend policy over the next several quarters.
Read all positive factors
FJ NEXT HOLDINGS CO. LTD. (8935) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥61.02B
Dividend Yield3.64%
Average Volume (3M)52.79K
Price to Earnings (P/E)6.1
Beta (1Y)0.86
Revenue Growth26.63%
EPS Growth54.32%
CountryJP
Employees557
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)235.12
Shares Outstanding34,646,500
10 Day Avg. Volume39,130
30 Day Avg. Volume52,790
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.63
Price to Sales (P/S)0.36
P/FCF Ratio7.52
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)N/A
Revenue Forecast (FY)N/A
FJ NEXT HOLDINGS CO. LTD. Business Overview & Revenue Model
Company Description
FJ NEXT Holdings Co., Ltd. engages in the planning, development, sale, and brokerage of real estate properties in Japan. It is also involved in the development of condominiums and resorts; real estate management activities; design, construction, a...
How the Company Makes Money
The company primarily generates earnings through its consolidated subsidiaries and records revenue mainly from real estate-related operations. Key revenue streams generally include (1) proceeds from the sale of developed condominium units and othe...
FJ NEXT HOLDINGS CO. LTD. Financial Statement Overview
Summary
Income Statement
79
Positive
Balance Sheet
83
Very Positive
Cash Flow
66
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 120.03B | 142.37B | 112.43B | 100.41B | 84.69B | 82.26B |
| Gross Profit | 22.75B | 26.49B | 20.64B | 20.17B | 18.85B | 19.74B |
| EBITDA | 11.60B | 14.88B | 9.85B | 9.79B | 8.62B | 9.50B |
| Net Income | 7.70B | 10.01B | 6.48B | 6.45B | 5.62B | 6.34B |
Balance Sheet | ||||||
| Total Assets | 107.00B | 113.87B | 105.48B | 95.28B | 88.94B | 82.66B |
| Cash, Cash Equivalents and Short-Term Investments | 28.38B | 25.74B | 24.47B | 34.60B | 32.25B | 35.59B |
| Total Debt | 20.94B | 14.75B | 18.23B | 12.75B | 12.10B | 12.64B |
| Total Liabilities | 33.00B | 32.74B | 32.55B | 27.25B | 25.92B | 23.74B |
| Stockholders Equity | 74.00B | 81.13B | 72.92B | 68.03B | 63.02B | 58.92B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 6.83B | -13.98B | 4.62B | -4.57B | 22.12B |
| Operating Cash Flow | 0.00 | 7.10B | -13.88B | 4.67B | -4.53B | 22.21B |
| Investing Cash Flow | 0.00 | -3.45B | 4.91B | -5.04B | 1.93B | 7.00M |
| Financing Cash Flow | 0.00 | -5.38B | 3.84B | -2.29B | -738.00M | -9.68B |
FJ NEXT HOLDINGS CO. LTD. Technical Analysis
Positive
1448.00
Price Trends
1633.82
Positive
1629.08
Positive
1532.51
Positive
Market Momentum
68.23
Negative
67.85
Neutral
88.18
Negative
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 1448 is below the 20-day moving average (MA) of 1692.80, below the 50-day MA of 1633.82, and below the 200-day MA of 1532.51, indicating a bullish trend. The MACD of 68.23 indicates Negative momentum. The RSI at 67.85 is Neutral, neither overbought nor oversold. The STOCH value of 88.18 is Negative, 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
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥61.02B | 6.11 | ― | 3.64% | 26.63% | 54.32% | |
66 Neutral | ¥99.16B | 21.37 | ― | 2.19% | 3.42% | 7.82% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
63 Neutral | ¥109.03B | 6.95 | ― | 2.93% | 14.99% | 73.33% | |
61 Neutral | ¥115.21B | 7.31 | 15.81% | 2.93% | 12.51% | 12.42% | |
57 Neutral | ¥62.38B | 9.29 | ― | 2.89% | 4.32% | 11.25% | |
52 Neutral | ¥39.02B | 21.02 | ― | 0.45% | 23.11% | 8.31% |
* Real Estate Sector Average
JP:8935
FJ NEXT HOLDINGS CO. LTD.
1,867.00
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60.21%
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FJ NEXT HOLDINGS CO. LTD. Corporate Events
FJ NEXT releases detailed FY2026 results and outlook
May 12, 2026
FJ NEXT HOLDINGS CO., LTD. reported consolidated financial results for the fiscal year ended March 31, 2026, supported by detailed supplementary materials outlining performance by segment and brand. The disclosure emphasizes the business situation...
FJ Next Holdings Delivers Strong FY2026 Earnings and Lifts Dividend
May 12, 2026
FJ Next Holdings reported strong results for the fiscal year ended March 31, 2026, with consolidated net sales rising 26.6% to ¥142.37 billion and operating income surging 51.8% to ¥14.40 billion, driving a 54.4% jump in net income attri...
FJ Next Lifts Full-Year Earnings Outlook and Ups Dividend Payout
Apr 21, 2026
FJ Next Holdings Co., Ltd. has revised upward its consolidated forecast for the fiscal year ended March 31, 2026, citing stronger-than-expected business performance. The company now projects net sales of ¥142 billion and net income attributab...
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.