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NJ Holdings, Inc.
(9421)
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Rating:45Neutral
Price Target:
¥488.00
▼(-15.13% Downside)
Action:Reiterated
Date:10/22/25
The overall stock score is primarily influenced by financial performance challenges, including low profitability and negative cash flows. Technical analysis indicates bearish momentum, while valuation concerns arise from a high P/E ratio and lack of dividend yield. These factors collectively suggest caution for potential investors.
Positive Factors
Improved gross profit margin
A rising gross margin (19.73% in 2025) indicates durable improvement in core cost structure and pricing power. Sustained higher gross margins provide buffer for operating expenses, improving the company's ability to invest in product development and scale without immediate margin dilution.
Negative Factors
Negative operating and free cash flow
Persistent negative operating and free cash flow undermines the company's ability to self-fund operations and growth. Over the medium term this creates reliance on external financing, restricts reinvestment, and raises solvency risk if cash generation does not materially improve.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved gross profit margin
A rising gross margin (19.73% in 2025) indicates durable improvement in core cost structure and pricing power. Sustained higher gross margins provide buffer for operating expenses, improving the company's ability to invest in product development and scale without immediate margin dilution.
Read all positive factors
NJ Holdings, Inc. (9421) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥2.65B
Dividend YieldN/A
Average Volume (3M)2.05K
Price to Earnings (P/E)70.2
Beta (1Y)0.39
Revenue Growth14.31%
EPS GrowthN/A
CountryJP
Employees866
SectorGeneral
Sector StrengthN/A
IndustrySoftware - Application
Share Statistics
EPS (TTM)7.12
Shares Outstanding5,350,400
10 Day Avg. Volume2,070
30 Day Avg. Volume2,046
Financial Highlights & Ratios
PEG Ratio-1.27
Price to Book (P/B)2.17
Price to Sales (P/S)0.38
P/FCF Ratio-5.42
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
NJ Holdings, Inc. Business Overview & Revenue Model
Company Description
NJ Holdings Inc. engages in the game development and mobile communication sales business in Japan. It operates through Game Business, Mobile Business, and Others segments. The Game Business segment focuses on the contract development and operation...
How the Company Makes Money
null...
NJ Holdings, Inc. Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
30
Negative
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.99B | 9.11B | 9.70B | 10.13B | 10.65B | 11.99B |
| Gross Profit | 2.10B | 1.80B | 1.76B | 1.49B | 970.82M | 2.21B |
| EBITDA | 322.40M | 216.00M | 417.27M | -237.94M | -994.51M | 471.71M |
| Net Income | 37.69M | 31.00M | 274.86M | -469.24M | -1.23B | -92.47M |
Balance Sheet | ||||||
| Total Assets | 4.01B | 3.75B | 3.94B | 4.20B | 4.65B | 5.76B |
| Cash, Cash Equivalents and Short-Term Investments | 1.21B | 851.91M | 1.69B | 1.14B | 1.09B | 1.25B |
| Total Debt | 990.00M | 952.25M | 1.10B | 1.62B | 1.63B | 1.20B |
| Total Liabilities | 2.31B | 2.04B | 2.27B | 2.82B | 2.75B | 2.52B |
| Stockholders Equity | 1.60B | 1.61B | 1.58B | 1.31B | 1.80B | 3.07B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -644.00M | 581.75M | 300.86M | -727.96M | 114.03M |
| Operating Cash Flow | 0.00 | -482.00M | 661.12M | 339.86M | -685.96M | 169.03M |
| Investing Cash Flow | 0.00 | -194.00M | 421.38M | -253.86M | 230.32M | -61.41M |
| Financing Cash Flow | 0.00 | -165.00M | -526.09M | -43.91M | 299.48M | -472.60M |
NJ Holdings, Inc. Technical Analysis
Negative
575.00
Price Trends
547.84
Negative
604.30
Negative
601.35
Negative
Market Momentum
-13.24
Negative
34.09
Neutral
49.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9421, the sentiment is Negative. The current price of 575 is above the 20-day moving average (MA) of 500.15, above the 50-day MA of 547.84, and below the 200-day MA of 601.35, indicating a bearish trend. The MACD of -13.24 indicates Negative momentum. The RSI at 34.09 is Neutral, neither overbought nor oversold. The STOCH value of 49.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9421.
NJ Holdings, Inc. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ¥14.17B | 42.28 | ― | 1.01% | 14.48% | -12.25% | |
65 Neutral | ¥8.93B | 9.06 | ― | 3.85% | -6.67% | 34.46% | |
64 Neutral | ¥16.06B | 12.23 | ― | 4.02% | 5.51% | -2.57% | |
63 Neutral | ¥19.02B | 24.84 | ― | ― | 25.92% | -10.51% | |
60 Neutral | ¥3.12B | 10.83 | ― | ― | 8.20% | 2.55% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
45 Neutral | ¥2.65B | 70.22 | ― | ― | 14.31% | ― |
* General Sector Average
JP:9421
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NJ Holdings, Inc. Corporate Events
NJ Holdings Returns to Stronger Operating Profit Despite Continued Net Loss
May 8, 2026
NJ Holdings Inc., listed on the Tokyo Stock Exchange Standard market, operates as a general business entity in Japan and reports consolidated financial results in yen. The company’s fiscal year ends on June 30, and it manages assets and capi...
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.