KONAMI HOLDINGS (9766) AI Stock Analysis

• Market Cap: ¥3.43T
• Dividend Yield: 0.82%
• Average Volume (3M): 464.12K
• Price to Earnings (P/E): 40.4
• Beta (1Y): 0.65
• Revenue Growth: 18.39%
• EPS Growth: 23.33%
• Country: JP
• Employees: 4,890
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): N/A
• Shares Outstanding: 143,500,000
• 10 Day Avg. Volume: 458,490
• 30 Day Avg. Volume: 464,116
• PEG Ratio: 1.22
• Price to Book (P/B): 4.95
• Price to Sales (P/S): 5.65
• P/FCF Ratio: 49.90
• 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: ¥25,226.00
• Price Target Upside: 12.62% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Neutral
• Price Target: ¥25,018.00 ▲(11.69% Upside)

KONAMI HOLDINGS' strong financial performance is the primary driver of its overall score, reflecting robust revenue growth and profitability. However, technical indicators suggest a bearish short-term trend, and the valuation appears high, which may limit upside potential. The absence of earnings call and corporate events data did not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business strategies, supporting long-term expansion and profitability.

Balance Sheet Health

A strong balance sheet with low leverage provides financial stability and flexibility, enabling the company to invest in growth opportunities.

Cash Generation

Enhanced cash generation capabilities allow the company to fund operations, invest in new projects, and return value to shareholders sustainably.

Negative Factors

Cash Retention

Lower cash retention relative to earnings may limit the company's ability to reinvest in growth and weather financial downturns, impacting long-term resilience.

Valuation Concerns

A high valuation compared to peers can limit upside potential and make the stock less attractive to value-focused investors, affecting long-term investment appeal.

Dividend Yield

A low dividend yield may reduce the stock's attractiveness to income-seeking investors, potentially impacting shareholder composition and stock stability.

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 content and related products, including mobile games, arcade games, card games, and computer and video games. The Amusement segment manufactures and sells amusement machines. The Gaming & Systems segment manufactures, sells, and services gaming machines and casino management systems. The Sports segment operates fitness activities and sports classes, including swimming, gymnastics, dance, soccer, tennis, and golf, as well as produces and sells sports related goods. It operates in Japan and other Asia/Oceania countries, the United States, and Europe. The company was formerly known as Konami Holdings Corporation and changed its name to Konami Group Corporation in July 2022. Konami Group Corporation was founded in 1969 and is headquartered in Tokyo, Japan.

How the Company Makes Money

KONAMI generates revenue primarily through its digital entertainment division, which includes the sale of video games, in-game purchases, and mobile gaming. The company also earns significant income from its gaming and systems segment, where it manufactures and sells gaming machines to casinos, as well as providing systems and services for gaming operations. Furthermore, KONAMI's health and fitness segment contributes to its earnings through the operation of fitness clubs and the sale of related products and services. Strategic partnerships with other gaming companies and collaborations for IP licensing also enhance its revenue streams, allowing for cross-promotional opportunities and broadened market reach.

KONAMI HOLDINGS Financial Statement Overview

Summary

KONAMI HOLDINGS demonstrates strong financial performance with consistent revenue growth and solid profitability margins. The balance sheet is stable with low leverage, though there is room for improvement in asset utilization. Cash flow is robust, but the decline in free cash flow suggests potential challenges in cash management.

Income Statement

KONAMI HOLDINGS shows strong financial performance with consistent revenue growth, highlighted by a 1.64% increase in TTM. The company maintains healthy margins, with a gross profit margin of 47.18% and a net profit margin of 17.72% in TTM. EBIT and EBITDA margins are also robust at 24.83% and 32.32%, respectively, indicating efficient operations and profitability. The upward trend in revenue and profitability metrics suggests a solid growth trajectory.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.16, indicating conservative leverage. Return on equity is strong at 16.16%, showcasing effective use of equity capital. The equity ratio stands at 74.61%, highlighting a solid equity base. Overall, the balance sheet demonstrates financial stability and prudent capital management, though there is room for improvement in asset utilization.

Cash Flow

Cash flow analysis reveals a mixed picture. Operating cash flow is strong, nearly matching net income, with a ratio of 0.99. However, free cash flow has declined by 15.51% in TTM, which could indicate potential challenges in cash generation. The free cash flow to net income ratio of 0.42 suggests moderate cash conversion efficiency. While operating cash flow remains robust, the decline in free cash flow warrants attention.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	462.36B	421.60B	360.31B	314.32B	299.52B	272.66B
Gross Profit	221.53B	198.92B	160.04B	122.39B	134.84B	113.44B
EBITDA	152.40B	132.67B	106.62B	71.58B	92.37B	55.72B
Net Income	84.78B	74.69B	59.17B	34.90B	54.81B	32.26B
Balance Sheet
Total Assets	681.18B	665.04B	605.85B	547.22B	528.61B	489.01B
Cash, Cash Equivalents and Short-Term Investments	272.39B	294.22B	273.75B	219.26B	250.71B	202.43B
Total Debt	39.92B	59.91B	59.86B	59.82B	68.15B	75.17B
Total Liabilities	165.83B	183.17B	178.47B	170.94B	180.54B	189.46B
Stockholders Equity	515.34B	481.85B	427.36B	376.26B	348.06B	298.73B
Cash Flow
Free Cash Flow	53.96B	47.76B	73.75B	-7.68B	73.41B	46.21B
Operating Cash Flow	122.36B	114.62B	103.06B	36.10B	96.54B	69.77B
Investing Cash Flow	-68.36B	-67.89B	-29.22B	-42.79B	-22.99B	-22.41B
Financing Cash Flow	-49.79B	-25.78B	-24.20B	-27.47B	-27.91B	22.43B

KONAMI HOLDINGS Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 22400.00
• 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:9766, the sentiment is Negative. The current price of 22400 is below the 20-day moving average (MA) of 23202.00, below the 50-day MA of 23034.80, and above the 200-day MA of 20966.02, indicating a neutral trend. The MACD of -230.80 indicates Positive momentum. The RSI at 42.02 is Neutral, neither overbought nor oversold. The STOCH value of 22.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9766.

KONAMI HOLDINGS Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3659	76 Outperform	$2.72T	27.18	10.76%	0.79%	-4.40%	89.91%
3635	76 Outperform	¥704.12B	18.94	―	2.46%	-1.05%	6.49%
9766	70 Neutral	¥3.43T	40.41	17.57%	0.82%	18.39%	23.33%
9697	69 Neutral	$1.66T	27.40	26.66%	1.16%	45.17%	81.91%
7974	63 Neutral	¥13.66T	37.00	13.46%	1.05%	24.47%	12.54%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
9684	57 Neutral	¥1.02T	44.25	6.70%	1.85%	-12.02%	126.06%

KONAMI HOLDINGS Corporate Events

Konami Reports Strong Financial Growth for First Half of 2025

Konami Group Corporation reported a significant increase in its financial performance for the six months ended September 30, 2025, with revenue rising by 22.1% compared to the previous year. The company’s robust growth in profits and comprehensive income reflects its strong market positioning and operational efficiency, which are likely to positively impact stakeholders and reinforce its industry standing.