GENOVA Inc. (9341) AI Stock Analysis

• Market Cap: ¥10.87B
• Dividend Yield: 5.3%
• Average Volume (3M): 127.01K
• Price to Earnings (P/E): 18.4
• Beta (1Y): 1.01
• Revenue Growth: 0.09%
• EPS Growth: -48.79%
• Country: JP
• Employees: 352
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Healthcare Information Services
• EPS (TTM): 4.87
• Shares Outstanding: 17,826,600
• 10 Day Avg. Volume: 126,090
• 30 Day Avg. Volume: 127,006
• PEG Ratio: -0.69
• Price to Book (P/B): 2.50
• Price to Sales (P/S): 1.75
• P/FCF Ratio: 16.53
• 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: 70 Outperform
• Price Target: ¥615.00 ▲(5.67% Upside)

GENOVA Inc.'s strong financial performance and attractive valuation are key strengths, positioning it well within the Medical - Healthcare Information Services industry. However, the bearish technical indicators suggest caution, as the stock is currently under pressure. Investors should weigh the solid financials and valuation against the negative market momentum.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market reach and successful product adoption, enhancing long-term business sustainability.

Balance Sheet Health

A strong balance sheet with low leverage provides financial stability and flexibility, supporting future growth and risk management.

Profitability Margins

High profitability margins reflect effective cost management and pricing power, contributing to sustainable long-term profitability.

Negative Factors

Decline in Net Profit Margin

A declining net profit margin suggests increased expenses or lower operational efficiency, potentially impacting future profitability.

Operating Cash Flow Decline

Decreasing operating cash flow can limit reinvestment capabilities and affect liquidity, posing a risk to financial health.

EPS Growth Decline

A significant decline in EPS growth indicates challenges in maintaining earnings momentum, which could affect investor confidence and valuation.

GENOVA Inc. Business Overview & Revenue Model

Company Description

GENOVA, Inc. engages in the medical platform and smart clinic businesses in Japan. It offers Medical Doc, a platform that distributes articles for medical institutions, patient experience articles, treatment videos, and medical-related articles. It also provides Smart Clinic, an online medical treatment and consultation service, which offers medical treatment at home or work for users without going to a hospital. In addition, the company offers NOMOCa-Stand, a smart and simple automatic payment and reception machine; NOMOCa-Regi, a self-pay machine dedicated to the clinic; and CLINIC BOT, an AI Chatbot System. The company was founded in 2005 and is headquartered in Tokyo, Japan.

How the Company Makes Money

GENOVA Inc. generates revenue through multiple streams, primarily from the sale of its proprietary pharmaceuticals and biologics. The company partners with healthcare institutions and pharmaceutical distributors to market and distribute its products, which contributes significantly to its earnings. Additionally, GENOVA engages in strategic collaborations with other biotech firms and research institutions, allowing it to leverage shared resources and expertise, which often leads to co-development agreements and licensing deals. Furthermore, the company may receive funding through government grants and research grants aimed at supporting innovative medical research, enhancing its revenue potential.

GENOVA Inc. Financial Statement Overview

Summary

GENOVA Inc. presents a robust financial profile with strong revenue growth, high profitability margins, and a solid balance sheet characterized by low leverage and high equity. While there is a slight decline in net profit margin and operating cash flow, the company's overall financial health remains strong, supported by effective cost management and prudent financial strategies.

Income Statement

GENOVA Inc. has demonstrated strong revenue growth over the past years, with a notable increase from ¥3,768.67 million in 2021 to ¥10,006.10 million in 2025. The gross profit margin remains robust at approximately 73.7% in 2025, indicating effective cost management. However, the net profit margin has slightly decreased from 19.9% in 2024 to 14.1% in 2025, suggesting increased expenses or lower operational efficiency. Despite this, the company maintains a healthy EBIT margin of 20.2% and EBITDA margin of 21.0% in 2025, reflecting solid operational performance.

Balance Sheet

GENOVA Inc. exhibits a strong balance sheet with a high equity ratio of 82.1% in 2025, indicating financial stability and low leverage. The debt-to-equity ratio is minimal at 0.003, reflecting prudent debt management. Return on equity (ROE) remains impressive at 20.2% in 2025, showcasing effective utilization of shareholder funds. The company's substantial cash reserves further enhance its financial flexibility.

Cash Flow

The cash flow statement reveals a decline in operating cash flow from ¥1,822.12 million in 2024 to ¥1,194.85 million in 2025, impacting the operating cash flow to net income ratio. However, free cash flow remains positive at ¥1,058.97 million in 2025, indicating the company's ability to generate cash after capital expenditures. The free cash flow to net income ratio is strong, suggesting efficient cash management despite the decline in operating cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.32B	10.01B	8.68B	6.51B	4.80B	3.77B
Gross Profit	6.74B	7.38B	6.55B	4.79B	3.50B	2.63B
EBITDA	1.35B	2.10B	2.42B	1.77B	1.10B	821.56M
Net Income	931.13M	1.41B	1.73B	1.26B	686.27M	629.35M
Balance Sheet
Total Assets	7.58B	8.53B	8.20B	5.41B	2.82B	1.87B
Cash, Cash Equivalents and Short-Term Investments	5.18B	5.87B	5.97B	3.86B	1.65B	1.17B
Total Debt	8.33M	20.84M	377.78M	28.25M	163.50M	133.42M
Total Liabilities	1.16B	1.53B	2.16B	1.37B	1.33B	1.10B
Stockholders Equity	6.41B	7.00B	6.04B	4.04B	1.49B	768.34M
Cash Flow
Free Cash Flow	0.00	1.06B	1.77B	1.11B	508.47M	1.04B
Operating Cash Flow	0.00	1.19B	1.82B	1.20B	623.77M	1.06B
Investing Cash Flow	0.00	-275.93M	-94.24M	-113.45M	-179.06M	-68.18M
Financing Cash Flow	0.00	-1.01B	376.82M	1.13B	59.88M	-75.09M

GENOVA Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 582.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9341, the sentiment is Positive. The current price of 582 is below the 20-day moving average (MA) of 587.55, above the 50-day MA of 581.24, and below the 200-day MA of 702.78, indicating a neutral trend. The MACD of 9.47 indicates Negative momentum. The RSI at 68.80 is Neutral, neither overbought nor oversold. The STOCH value of 87.08 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9341.

GENOVA Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3939	76 Outperform	¥25.09B	22.59	―	1.39%	9.85%	20.83%
4320	74 Outperform	¥17.97B	10.80	―	4.99%	8.77%	1078.88%
9341	70 Outperform	¥10.87B	18.38	―	5.30%	0.09%	-48.79%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
3902	49 Neutral	¥65.83B	-152.73	―	0.39%	6.17%	-8918.66%
3628	40 Underperform	¥6.62B	-2.41	―	―	-4.07%	-88.89%

GENOVA Inc. Corporate Events

GENOVA Inc. Reports Decline in Financial Performance for H1 2025

GENOVA Inc. reported a decline in its financial performance for the six months ended September 30, 2025, with net sales decreasing by 3.3% compared to the previous year. The company experienced a loss in operating and ordinary profit, as well as a negative profit attributable to owners of the parent. Despite these challenges, GENOVA Inc. maintains a relatively strong equity-to-asset ratio, although it has decreased from the previous period. The company forecasts a recovery in net sales for the fiscal year ending March 31, 2026, with a projected increase of 13.3%, but expects significant declines in profits.

The most recent analyst rating on (JP:9341) stock is a Buy with a Yen615.00 price target. To see the full list of analyst forecasts on GENOVA Inc. stock, see the JP:9341 Stock Forecast page.

GENOVA Inc. Reports Q2 Financial Discrepancies, Maintains Full-Year Forecast

GENOVA Inc. announced a discrepancy between its forecasted and actual financial results for the second quarter ending September 30, 2025. The company experienced lower-than-expected operating, recurring, and net profits due to additional losses from uncollected receivables. Despite this, GENOVA Inc. plans to enhance profitability and maintain its full-year earnings forecast, attributing potential recovery to the seasonal nature of its business.

The most recent analyst rating on (JP:9341) stock is a Buy with a Yen615.00 price target. To see the full list of analyst forecasts on GENOVA Inc. stock, see the JP:9341 Stock Forecast page.

GENOVA Inc. Updates Disclosure with XBRL Data

GENOVA Inc. has announced the addition of XBRL data to its disclosure document released on October 15, 2025. This update does not affect the PDF version of the document, indicating no corrections were needed, which suggests the company’s commitment to transparency and accuracy in its financial reporting.

The most recent analyst rating on (JP:9341) stock is a Buy with a Yen756.00 price target. To see the full list of analyst forecasts on GENOVA Inc. stock, see the JP:9341 Stock Forecast page.

GENOVA Inc. Revises FY3/2026 Forecast Amidst Industry Challenges

GENOVA Inc. announced a downward revision of its full-year business forecast for FY3/2026 due to slower growth in its medical platform business, impacted by changes in the competitive environment from generative AI technologies. The company plans to address these challenges by rebuilding its core medical platform business, enhancing its smart clinic operations, and developing new services and solutions to boost sales. Additionally, executive compensation will be reduced to clarify management responsibility for the forecast revision.

The most recent analyst rating on (JP:9341) stock is a Buy with a Yen756.00 price target. To see the full list of analyst forecasts on GENOVA Inc. stock, see the JP:9341 Stock Forecast page.