KONAMI HOLDINGS CORP (JP:9766)
:9766
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KONAMI HOLDINGS
(9766)
Select Model
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Rating:72Outperform
Price Target:
¥21,595.00
▲(11.00% Upside)
Action:UpgradedDate:01/31/26
The score is driven primarily by strong financial performance (high margins, strong TTM revenue growth, and a conservatively financed balance sheet). This is tempered by weaker free-cash-flow conversion/volatility, a mixed technical picture with negative MACD, and a relatively high P/E with a low dividend yield.
Positive Factors
High and improving profitability
Konami's margins are structurally strong across its core businesses, reflecting efficient product economics and pricing power in games and systems. Sustained high gross and operating margins provide durable cash earnings capacity, enabling reinvestment and resilience across cycles.
Negative Factors
Weaker free cash flow conversion and volatility
Operating profitability outpaces free cash conversion, with FCF affected by increased investment or working capital swings. Persistent conversion shortfalls and volatility can constrain buybacks, dividends, or M&A capacity and raise sensitivity to funding needs.
Read all positive and negative factors
Positive Factors
Negative Factors
High and improving profitability
Konami's margins are structurally strong across its core businesses, reflecting efficient product economics and pricing power in games and systems. Sustained high gross and operating margins provide durable cash earnings capacity, enabling reinvestment and resilience across cycles.
Read all positive factors
KONAMI HOLDINGS (9766) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥2.64T
Dividend Yield0.84%
Average Volume (3M)464.12K
Price to Earnings (P/E)25.9
Beta (1Y)0.47
Revenue Growth18.39%
EPS Growth23.33%
CountryJP
Employees4,890
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)205.54
Shares Outstanding143,500,000
10 Day Avg. Volume458,490
30 Day Avg. Volume464,116
Financial Highlights & Ratios
PEG Ratio1.22
Price to Book (P/B)4.95
Price to Sales (P/S)5.65
P/FCF Ratio49.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥26,428.57Price Target Upside35.84% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)839.95
Revenue Forecast (FY)¥528.10B
KONAMI HOLDINGS Business Overview & Revenue Model
Company Description
Konami Group Corporation, together with its subsidiaries, primarily engages in the digital entertainment digital entertainment, amusement, gaming and systems, and sports businesses. The Digital Entertainment segment manufactures and sells digital ...
How the Company Makes Money
Konami Holdings makes money primarily by creating and operating entertainment content and platforms across four segments:
1) Digital Entertainment (largest earnings driver in many periods)
- Sale and operation of games: Revenue comes from selling...
KONAMI HOLDINGS Financial Statement Overview
Summary
Income Statement
91
Very Positive
Balance Sheet
88
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 463.79B | 421.60B | 360.31B | 314.32B | 299.52B | 272.66B |
| Gross Profit | 224.76B | 198.92B | 160.04B | 122.39B | 134.84B | 113.44B |
| EBITDA | 152.68B | 132.99B | 106.62B | 71.72B | 93.93B | 55.86B |
| Net Income | 85.93B | 74.69B | 59.17B | 34.90B | 54.81B | 32.26B |
Balance Sheet | ||||||
| Total Assets | 710.80B | 665.04B | 605.85B | 547.22B | 528.61B | 489.01B |
| Cash, Cash Equivalents and Short-Term Investments | 286.76B | 294.22B | 273.75B | 219.26B | 250.71B | 202.43B |
| Total Debt | 39.93B | 81.75B | 87.28B | 89.46B | 100.35B | 110.94B |
| Total Liabilities | 173.98B | 183.17B | 178.47B | 170.94B | 180.54B | 189.46B |
| Stockholders Equity | 536.80B | 481.85B | 427.36B | 376.26B | 348.06B | 298.73B |
Cash Flow | ||||||
| Free Cash Flow | 51.72B | 47.76B | 73.75B | -7.68B | 73.41B | 46.21B |
| Operating Cash Flow | 121.85B | 114.62B | 103.06B | 36.10B | 96.54B | 69.77B |
| Investing Cash Flow | -69.96B | -67.89B | -29.22B | -42.79B | -22.99B | -22.41B |
| Financing Cash Flow | -51.93B | -25.78B | -24.20B | -27.47B | -27.91B | 22.43B |
KONAMI HOLDINGS Technical Analysis
Neutral
19455.00
Price Trends
19615.35
Negative
20858.47
Negative
21453.20
Negative
Market Momentum
-159.54
Positive
48.66
Neutral
53.18
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9766, the sentiment is Neutral. The current price of 19455 is below the 20-day moving average (MA) of 19648.21, below the 50-day MA of 19615.35, and below the 200-day MA of 21453.20, indicating a bearish trend. The MACD of -159.54 indicates Positive momentum. The RSI at 48.66 is Neutral, neither overbought nor oversold. The STOCH value of 53.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9766.
KONAMI HOLDINGS Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ¥2.64T | 25.95 | 17.57% | 0.84% | 18.39% | 23.33% | |
69 Neutral | ¥1.39T | 33.58 | 26.91% | 1.17% | 45.17% | 81.91% | |
68 Neutral | ¥502.51B | -6.55 | -3.66% | 2.12% | -8.73% | -55.81% | |
67 Neutral | ¥9.57T | 19.28 | 13.46% | 1.17% | 24.47% | 12.54% | |
64 Neutral | ¥2.06T | 33.43 | 8.89% | 0.78% | -4.40% | 89.91% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
57 Neutral | ¥924.30B | 16.57 | 6.70% | 1.80% | -12.02% | 126.06% |
* Communication Services Sector Average
JP:9766
KONAMI HOLDINGS
19,455.00
796.33
4.27%
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KONAMI HOLDINGS Corporate Events
Konami to Absorb Real Estate Subsidiary in Streamlining Move
Feb 19, 2026
Konami Group Corporation will absorb its wholly owned subsidiary Konami Real Estate, Inc. in an absorption-type merger effective April 1, 2026, with Konami as the surviving entity and the real estate unit to be dissolved. The move centralizes the ...
Konami Lifts FY2026 Earnings and Dividend Forecast on Strong Digital Entertainment Performance
Jan 29, 2026
Konami Group Corporation has raised its consolidated earnings forecast for the fiscal year ending March 31, 2026, citing stronger-than-expected performance across revenue and profits, driven chiefly by robust demand for core digital entertainment ...
Konami Delivers Double-Digit Profit Growth and Raises FY2026 Forecasts
Jan 29, 2026
Konami Group Corporation reported solid growth for the nine months ended December 31, 2025, with revenue rising 13.6% year-on-year to ¥353.0 billion and profit attributable to owners of the parent climbing 17.8% to ¥74.3 billion, support...
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.