Kadokawa Corporation (9468) AI Stock Analysis

• Market Cap: ¥486.38B
• Dividend Yield: 0.98%
• Average Volume (3M): 553.58K
• Price to Earnings (P/E): 162.1
• Beta (1Y): 0.08
• Revenue Growth: 1.96%
• EPS Growth: -45.28%
• Country: JP
• Employees: 6,269
• Sector: Communication Services
• Sector Strength: 97
• Industry: Publishing
• EPS (TTM): N/A
• Shares Outstanding: 148,990,300
• 10 Day Avg. Volume: 524,610
• 30 Day Avg. Volume: 553,583
• PEG Ratio: -1.86
• Price to Book (P/B): 1.93
• Price to Sales (P/S): 1.75
• P/FCF Ratio: 67.72
• 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: 55 Neutral
• Price Target: ¥3,482.00 ▲(10.86% Upside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is held back primarily by weak recent operating performance (revenue decline and margin compression) and an extremely high P/E that leaves little margin for error. Offsetting factors are the notably strong balance sheet and positive free cash flow, while technicals show upward momentum but with overbought signals.

Positive Factors

Very low leverage / strong balance sheet

A debt/equity ratio near 0.05 and sizable equity provide durable financial flexibility and downside protection. Low leverage reduces refinancing and interest risk, supports investment in content/IP, and allows the firm to sustain operations or pursue M&A during cyclical revenue swings.

Negative Factors

Revenue contraction

A recent decline in revenue is a structural concern for a content business reliant on new and recurring sales; shrinking top line constrains reinvestment in IP, limits scale benefits across publishing and production, and increases reliance on hit-driven releases to restore growth.

Kadokawa Corporation Business Overview & Revenue Model

Company Description

Kadokawa Corporation (9468) is a prominent Japanese media and publishing company, primarily engaged in the production and distribution of books, magazines, and digital content. The company operates in various sectors, including publishing, film, a...

Read more

Kadokawa Corporation (9468) is a prominent Japanese media and publishing company, primarily engaged in the production and distribution of books, magazines, and digital content. The company operates in various sectors, including publishing, film, a...

How the Company Makes Money

Kadokawa makes money primarily by creating and owning IP (stories, characters, and franchises) and monetizing it across multiple formats and channels. Key revenue streams include: (1) Publishing: sales of books, light novels, manga, magazines, and...

Read more

Kadokawa makes money primarily by creating and owning IP (stories, characters, and franchises) and monetizing it across multiple formats and channels. Key revenue streams include: (1) Publishing: sales of books, light novels, manga, magazines, and...

Kadokawa Corporation Financial Statement Overview

Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	274.32B	277.92B	258.11B	255.43B	221.21B	209.95B
Gross Profit	93.56B	99.08B	86.61B	90.86B	75.59B	73.69B
EBITDA	19.22B	24.91B	25.37B	32.06B	24.62B	18.16B
Net Income	2.24B	7.39B	11.38B	12.68B	14.08B	9.58B
Balance Sheet
Total Assets	394.72B	410.03B	340.31B	382.90B	325.32B	269.65B
Cash, Cash Equivalents and Short-Term Investments	115.38B	146.30B	105.35B	167.22B	123.93B	79.04B
Total Debt	11.24B	27.28B	25.83B	65.89B	65.70B	65.67B
Total Liabilities	117.84B	132.62B	127.74B	159.72B	149.58B	140.12B
Stockholders Equity	248.80B	252.22B	190.59B	202.55B	171.90B	127.34B
Cash Flow
Free Cash Flow	8.91B	7.20B	5.17B	14.71B	19.50B	-1.44B
Operating Cash Flow	11.42B	13.84B	8.30B	17.52B	21.71B	15.59B
Investing Cash Flow	-39.98B	-8.37B	3.49B	20.01B	-7.44B	-5.88B
Financing Cash Flow	27.66B	44.04B	-65.80B	-5.54B	26.19B	7.88B

Kadokawa Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3141.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9468, the sentiment is Positive. The current price of 3141 is above the 20-day moving average (MA) of 3119.47, above the 50-day MA of 3121.69, and below the 200-day MA of 3398.34, indicating a bullish trend. The MACD of 69.53 indicates Negative momentum. The RSI at 71.78 is Negative, neither overbought nor oversold. The STOCH value of 69.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9468.

Kadokawa Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2481	75 Outperform	¥3.76B	10.37	―	2.95%	1.41%	-6.45%
7849	74 Outperform	¥15.09B	10.61	―	3.16%	-7.41%	-17.57%
3678	72 Outperform	¥24.87B	22.08	―	2.01%	6.10%	―
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
9475	58 Neutral	¥10.58B	14.53	―	1.06%	0.02%	-88.78%
9468	55 Neutral	¥486.38B	162.08	―	0.98%	1.96%	-45.28%
2164	49 Neutral	¥2.40B	-7.82	―	―	5.92%	280.16%

Kadokawa Corporation Corporate Events