Cocorport,Inc. (9346) AI Stock Analysis

• Market Cap: ¥5.99B
• Dividend Yield: 2.76%
• Average Volume (3M): 12.50K
• Price to Earnings (P/E): 10.9
• Beta (1Y): 0.72
• Revenue Growth: 10.27%
• EPS Growth: -0.35%
• Country: JP
• Employees: 739
• Sector: Industrials
• Sector Strength: 72
• Industry: Staffing & Employment Services
• EPS (TTM): N/A
• Shares Outstanding: 3,677,657
• 10 Day Avg. Volume: 11,530
• 30 Day Avg. Volume: 12,496
• PEG Ratio: 1.79
• Price to Book (P/B): 1.89
• Price to Sales (P/S): 0.87
• P/FCF Ratio: 11.07
• 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: 79 Outperform
• Price Target: ¥2,061.00 ▲(21.09% Upside)
• Action: Reiterated Date: 09/05/25
• Date: Action: Reiterated 09/05/25

Cocorport, Inc. demonstrates strong financial performance with consistent revenue growth and robust profitability, which significantly contributes to its high score. The technical analysis indicates strong momentum, although the high RSI suggests caution due to potential overbought conditions. The valuation metrics highlight the stock's attractiveness, with a low P/E ratio and a solid dividend yield. These factors collectively position the stock as a strong investment opportunity.

Positive Factors

Consistent revenue growth and improving margins

Sustained top-line growth and improving net and operating margins indicate durable demand for services and rising operational efficiency. For a provider paid via welfare programs, steady revenue and margin expansion support reinvestment in sites, staff training and service quality, reinforcing competitive position over 2–6 months and beyond.

Strong free cash flow generation

Robust free cash flow and efficient cash conversion provide lasting financial flexibility: funds to maintain facilities, invest in capacity, sustain dividends and absorb reimbursement timing risks. Strong cash generation reduces refinancing needs and supports steady operations under Japan's regulated reimbursement model.

Low leverage and strong equity returns

A conservative capital structure with low leverage and high ROE gives resilience to policy or demand shocks and capacity to fund expansion organically. Strong equity position preserves borrowing optionality and supports multi-year investments in new service sites or quality improvements without stressing solvency.

Negative Factors

Revenue dependent on government-controlled fees

Structural dependence on public reimbursement limits pricing power and ties revenue to policy and budget cycles. Changes in program rules, reimbursement rates or eligibility can materially affect cash flows over months to years, constraining upside and making growth subject to regulatory risk rather than pure market demand.

Room for improvement in asset management

Suboptimal asset efficiency implies capital tied up in facilities or working capital that could otherwise boost returns. Over time this can constrain margin expansion and ROIC, reducing funds available for site expansion or service upgrades unless management improves utilization or disposes of underperforming assets.

Modest EPS growth versus revenue gains

EPS growth lagging revenue suggests limited operating leverage or margin pressure from costs (staffing, compliance). Persistently slower earnings growth can limit retained earnings for reinvestment and make it harder to scale profitability as the business expands within the regulated fee framework.

Cocorport,Inc. Business Overview & Revenue Model

Company Description

Cocorport, Inc. provides employment support services for persons with disability in Japan. It offers services such as employment transition support, employment retention support, and designated plan consultation support. The company also provides training and advice support services to maintain and improve daily life skills. Cocorport, Inc. was incorporated in 2012 and is headquartered in Kawasaki, Japan.

How the Company Makes Money

Cocorport, Inc. generates revenue through several key streams, primarily by selling software licenses and subscription-based services for its applications and platforms. The company's revenue model is heavily reliant on recurring income from its cloud services, which provide ongoing support and updates to clients. Additionally, Cocorport, Inc. partners with other technology firms to integrate its solutions into broader ecosystems, which not only expands its market reach but also creates joint revenue opportunities. Strategic collaborations with enterprise clients for customized software solutions further contribute to its earnings, ensuring a diverse and robust revenue portfolio.

Cocorport,Inc. Financial Statement Overview

Summary

Cocorport, Inc. presents a strong financial profile with consistent revenue growth, robust profitability, and efficient cash flow management. The company maintains a low leverage position, enhancing financial stability. While there is room for improvement in asset management, the overall financial health is solid, positioning the company well for future growth.

Income Statement

Cocorport, Inc. has demonstrated consistent revenue growth over the past few years, with a 4.95% increase in the most recent year. The company maintains strong profitability metrics, including a healthy gross profit margin and improving net profit margin. EBIT and EBITDA margins are also robust, indicating efficient operations. The consistent growth trajectory and stable margins suggest a well-managed income statement.

Balance Sheet

The balance sheet of Cocorport, Inc. reflects a strong equity position with a low debt-to-equity ratio, indicating financial stability. The return on equity is impressive, showcasing effective use of shareholder funds. However, the equity ratio suggests room for improvement in asset management. Overall, the balance sheet is solid, with low leverage and strong equity returns.

Cash Flow

Cocorport, Inc. has shown significant growth in free cash flow, indicating strong cash generation capabilities. The operating cash flow to net income ratio is healthy, suggesting efficient cash conversion. The free cash flow to net income ratio is also favorable, highlighting the company's ability to generate cash relative to its earnings. The cash flow statement reflects strong liquidity and operational efficiency.

Breakdown	Jun 2024	Jun 2023	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	6.38B	5.75B	5.08B	4.18B	3.33B
Gross Profit	1.80B	1.67B	1.50B	1.20B	969.88M
EBITDA	843.54M	763.78M	668.61M	427.38M	310.26M
Net Income	561.98M	525.58M	452.90M	258.75M	200.34M
Balance Sheet
Total Assets	3.93B	3.21B	2.53B	1.45B	1.16B
Cash, Cash Equivalents and Short-Term Investments	1.73B	1.27B	834.76M	47.19M	70.41M
Total Debt	1.67M	13.49M	51.46M	272.10M	351.62M
Total Liabilities	993.41M	855.65M	723.84M	842.05M	806.15M
Stockholders Equity	2.94B	2.35B	1.81B	611.10M	352.36M
Cash Flow
Free Cash Flow	500.44M	495.40M	331.37M	105.31M	62.69M
Operating Cash Flow	598.10M	562.62M	421.42M	176.20M	141.64M
Investing Cash Flow	-155.90M	-101.38M	-139.16M	-119.91M	-149.56M
Financing Cash Flow	14.45M	-24.53M	505.32M	-79.51M	-24.48M

Cocorport,Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1702.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9346, the sentiment is Negative. The current price of 1702 is above the 20-day moving average (MA) of 1651.20, above the 50-day MA of 1668.48, and above the 200-day MA of 1668.92, indicating a bearish trend. The MACD of -9.87 indicates Positive momentum. The RSI at 40.85 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9346.

Cocorport,Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9346	79 Outperform	¥5.99B	10.93	―	2.76%	10.27%	-0.35%
3991	78 Outperform	¥10.38B	13.11	―	1.72%	3.95%	4.50%
6539	73 Outperform	¥25.95B	24.11	―	5.45%	21.90%	0.46%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
2471	52 Neutral	¥19.43B	14.32	―	3.76%	6.74%	7.56%
3900	51 Neutral	¥10.68B	426.22	―	2.24%	32.39%	-127.51%
9331	44 Neutral	¥1.35B	30.71	―	―	3.33%	-80.47%