I-Net Corporation (9600) AI Stock Analysis

• Market Cap: ¥27.64B
• Dividend Yield: 3.11%
• Average Volume (3M): 26.30K
• Price to Earnings (P/E): 11.4
• Beta (1Y): 1.09
• Revenue Growth: 6.33%
• EPS Growth: 37.17%
• Country: JP
• Employees: 1,651
• Sector: Technology
• Sector Strength: 83
• Industry: Information Technology Services
• EPS (TTM): 14.59
• Shares Outstanding: 15,475,524
• 10 Day Avg. Volume: 43,660
• 30 Day Avg. Volume: 26,300
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥1,991.00
• Price Target Upside: 9.58% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 69 Neutral
• Price Target: ¥1,991.00 ▲(9.58% Upside)

I-Net Corporation's stock score is primarily supported by its strong financial performance and attractive valuation. However, technical analysis indicates bearish momentum, which poses a risk to short-term price performance. The absence of recent earnings call data and corporate events limits additional insights.

I-Net Corporation Business Overview & Revenue Model

Company Description

I-Net Corporation (9600) is a leading technology firm specializing in network solutions and digital services. The company operates in various sectors including telecommunications, cybersecurity, and cloud computing, providing a range of products and services designed to enhance connectivity and secure data transmission. I-Net's core offerings include network infrastructure, managed IT services, and advanced cybersecurity solutions aimed at both enterprise and consumer markets.

How the Company Makes Money

I-Net Corporation generates revenue through multiple streams, primarily by selling network hardware and software solutions, as well as providing subscription-based managed services. The company also earns income from consulting services, where it assists clients in implementing and optimizing their network and cybersecurity strategies. Significant partnerships with major technology providers enhance I-Net's product offerings and market reach, contributing to its earnings through joint ventures and collaborative projects. Additionally, I-Net benefits from ongoing maintenance contracts and support services that provide a steady revenue flow.

I-Net Corporation Financial Statement Overview

Summary

I-Net Corporation exhibits strong revenue growth and stable profit margins, though operational efficiency has slightly decreased. The balance sheet is robust with a good equity ratio and moderate leverage, but cash flow management is a concern due to negative free cash flow, indicating potential cash management challenges.

Income Statement

I-Net Corporation demonstrates strong revenue growth with a 3.23% increase from 2024 to 2025. The gross profit margin remains stable at approximately 21.2%, indicating efficient cost management. However, the EBIT margin decreased slightly to 6.77% from 7.65% in the previous year, suggesting some operational efficiency issues. Net profit margin improved to 5.79%, reflecting better bottom-line performance.

Balance Sheet

The company maintains a solid equity ratio of 52.11%, showing a healthy balance between debt and equity. The debt-to-equity ratio is 0.51, reflecting a moderate level of leverage. Return on Equity (ROE) increased to 11.71%, indicating enhanced profitability and effective use of equity. Overall, the balance sheet is stable with manageable debt levels.

Cash Flow

Free cash flow turned negative in 2025, with a growth rate of -108.61%, primarily due to increased capital expenditures. The operating cash flow to net income ratio of 1.10 suggests that operational cash generation supports net income, but the free cash flow to net income ratio is negative, indicating potential cash management challenges.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	38.99B	37.76B	34.99B	31.17B	30.02B
Gross Profit	8.26B	8.25B	7.17B	7.15B	6.80B
EBITDA	5.66B	5.31B	3.98B	4.46B	4.03B
Net Income	2.26B	2.20B	1.34B	1.34B	1.49B
Balance Sheet
Total Assets	37.06B	37.61B	32.63B	33.50B	32.06B
Cash, Cash Equivalents and Short-Term Investments	4.74B	5.28B	2.31B	3.68B	4.03B
Total Debt	9.93B	7.62B	8.51B	9.07B	10.08B
Total Liabilities	17.75B	17.51B	15.05B	16.20B	15.84B
Stockholders Equity	19.31B	20.10B	17.58B	17.30B	16.21B
Cash Flow
Free Cash Flow	-433.38M	5.03B	85.50M	1.91B	694.95M
Operating Cash Flow	2.49B	6.67B	2.24B	3.72B	3.42B
Investing Cash Flow	-2.57B	-1.79B	-2.12B	-2.19B	-2.93B
Financing Cash Flow	-458.12M	-1.90B	-1.50B	-1.87B	454.66M

I-Net Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1817.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9600, the sentiment is Negative. The current price of 1817 is below the 20-day moving average (MA) of 1876.10, below the 50-day MA of 1882.30, and above the 200-day MA of 1793.29, indicating a neutral trend. The MACD of -27.96 indicates Positive momentum. The RSI at 35.73 is Neutral, neither overbought nor oversold. The STOCH value of 22.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9600.

I-Net Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2359	78 Outperform	¥28.00B	12.53		2.80%	1.65%	-2.94%
9640	76 Outperform	¥31.33B	19.58		4.67%	3.32%	225.36%
3393	75 Outperform	¥26.41B	13.49		4.28%	13.54%	15.43%
3655	73 Outperform	¥28.98B	27.30		0.60%	11.47%	17.94%
9600	69 Neutral	¥27.64B	11.42		3.11%	6.33%	37.17%
4072	68 Neutral	¥44.65B	24.50		1.93%	5.55%	18.43%
Sector *	61 Neutral	$35.62B	7.50	-10.94%	1.87%	8.86%	-10.27%

I-Net Corporation Corporate Events

I-NET Corporation Reports Strong Q1 Financial Results with Significant Profit Growth

I-NET Corporation reported a strong financial performance for the three months ending June 30, 2025, with net sales increasing by 10% year-over-year to 9,818 million yen. The company achieved a substantial rise in operating profit by 110.9% and profit attributable to owners of the parent by 190.5%, reflecting improved operational efficiency and market conditions. The company also announced a forecasted increase in annual dividends per share, indicating confidence in sustained financial growth. The change in accounting policy regarding retirement benefit obligations at a subsidiary affected the financial results, but overall, the company maintains a stable financial position with a slight decrease in total assets.