Striders Corporation (9816) AI Stock Analysis

• Market Cap: ¥3.01B
• Dividend Yield: 1.51%
• Average Volume (3M): 16.45K
• Price to Earnings (P/E): 14.6
• Beta (1Y): 0.05
• Revenue Growth: 1.82%
• EPS Growth: 332.58%
• Country: JP
• Employees: 128
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 5.53
• Shares Outstanding: 9,712,089
• 10 Day Avg. Volume: 11,520
• 30 Day Avg. Volume: 16,450
• PEG Ratio: -0.96
• Price to Book (P/B): 0.79
• Price to Sales (P/S): 0.25
• P/FCF Ratio: 16.16
• 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: 65 Neutral
• Price Target: ¥333.00 ▲(4.39% Upside)
• Action: Reiterated Date: 11/22/25
• Date: Action: Reiterated 11/22/25

The overall stock score of 65 reflects a stable financial performance with a strong balance sheet and positive cash flows, despite challenges in revenue growth and profitability. Technical analysis indicates bullish momentum, but overbought conditions suggest caution. The valuation appears high, which could limit upside potential. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Balance sheet strength

A near-45% equity ratio and sub-1.0 debt-to-equity indicate durable capitalization and financial flexibility. This structure supports capacity to fund maintenance capex, absorb cyclical real estate shocks, and pursue opportunistic investments without immediate refinancing pressure.

Cash generation

Sustained positive free cash flow and higher operating cash flow enhance self-funding ability for dividends, debt service, or strategic reinvestment. Reliable cash generation reduces dependence on external capital and strengthens long-term operational resilience.

Stable financial structure

The company’s overall characterization as having a stable structure and reasonable profitability suggests consistent core operations and disciplined financial management. Such steadiness supports medium-term planning and execution of strategic initiatives without frequent capital structure changes.

Negative Factors

Very low net profitability

An extremely thin net margin leaves little buffer for cost increases or revenue dips, constraining reinvestment and dividend capacity. Persistently low net profitability undermines long-term return generation and increases sensitivity to cyclical downturns in real estate services.

Revenue decline and inconsistency

Inconsistent top-line performance and recent revenue declines erode scale advantages and make long-range planning harder. Persistent or recurring revenue weakness can compress margins, reduce operating leverage benefits, and force cost-cutting that hampers growth initiatives.

Low return on equity

A ROE under 2% signals poor efficiency in converting equity into profits. Over months this implies shareholders face weak compounding of capital unless management materially improves asset utilization, restructures operations, or shifts to higher-return activities.

Striders Corporation Business Overview & Revenue Model

Company Description

Striders Corporation, together with its subsidiaries, engages in the real estate, hotel, overseas, and other businesses primarily in Japan. It develops and sells vehicle management systems to support logistics operations. The company also offers a range of advisory and consultancy services for mergers and acquisitions, as well as develops software. In addition, it provides leasing services, such as market research and tenant recruitment, as well as sub-leasing services; and residential property management services, as well as financial services. Further, the company offers building management services, as well as rental and land agency, and rental guarantee services. Additionally, it manufactures and sells Chinese noodles; and owns, operates, and manages Narita Gateway and Kurashiki Royal Art hotels. Striders Corporation was incorporated in 1965 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Striders Corporation generates revenue primarily through the sale of its athletic footwear and apparel. The company employs a multi-channel revenue model, which includes direct-to-consumer sales via its online platform and physical retail stores, as well as partnerships with major sporting goods retailers for wholesale distribution. Key revenue streams include sales of core product lines, seasonal collections, and limited-edition releases that drive consumer interest. Additionally, Striders benefits from strategic partnerships with professional sports teams and endorsements from high-profile athletes, which enhance brand visibility and credibility, leading to increased sales. The company also explores ancillary revenue through licensing agreements and collaborations with fitness technology companies, further diversifying its income sources.

Striders Corporation Financial Statement Overview

Summary

Striders Corporation exhibits a stable financial structure with reasonable profitability and cash generation capabilities. While the income statement reflects some challenges in maintaining consistent revenue growth and profitability, the balance sheet remains robust, and cash flows are positive. Key risks include declining revenue and income trends, which may affect future financial performance if not addressed.

Income Statement

The income statement reveals moderate profitability with a gross profit margin of 25.84% and a net profit margin of 0.56% for the latest year. Revenue growth has been inconsistent, with a revenue decline in recent years, indicating potential challenges in maintaining sales momentum. The EBIT and EBITDA margins are modest, reflecting some operational efficiency, but net income has decreased significantly compared to previous years, raising concerns about profitability sustainability.

Balance Sheet

The balance sheet shows a stable financial position with an equity ratio of 44.82% and a manageable debt-to-equity ratio of 0.79. The company's return on equity is low at 1.77%, indicating limited efficiency in generating profit from shareholders' equity. The overall asset structure suggests adequate capitalization, but the decline in equity ratio over the years warrants attention.

Cash Flow

The cash flow statement is strong with a positive free cash flow and a significant increase in operating cash flow. The free cash flow to net income ratio suggests effective cash generation relative to reported earnings. However, fluctuations in free cash flow growth highlight potential volatility in cash generation, which could impact future operational investments.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	7.79B	7.79B	7.68B	7.37B	7.51B	10.48B
Gross Profit	2.07B	2.01B	1.90B	1.87B	1.78B	2.04B
EBITDA	276.83M	248.54M	216.53M	349.54M	357.70M	405.84M
Net Income	47.79M	43.50M	82.53M	118.26M	168.94M	114.17M
Balance Sheet
Total Assets	5.73B	5.50B	4.63B	4.65B	4.79B	5.23B
Cash, Cash Equivalents and Short-Term Investments	2.75B	2.38B	2.30B	2.58B	2.58B	2.90B
Total Debt	2.14B	2.01B	1.08B	1.11B	1.38B	1.59B
Total Liabilities	3.10B	3.03B	2.09B	2.13B	2.34B	2.91B
Stockholders Equity	2.63B	2.46B	2.52B	2.49B	2.43B	2.27B
Cash Flow
Free Cash Flow	0.00	119.93M	-262.73M	249.06M	12.34M	282.25M
Operating Cash Flow	0.00	258.95M	164.38M	261.48M	32.21M	297.35M
Investing Cash Flow	0.00	-859.20M	-565.03M	62.97M	-83.94M	107.54M
Financing Cash Flow	0.00	783.02M	-81.80M	-331.06M	-245.53M	289.31M

Striders Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 319.00
• 50DMA: Positive
• 100DMA: Positive
• 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:9816, the sentiment is Positive. The current price of 319 is below the 20-day moving average (MA) of 320.25, above the 50-day MA of 310.40, and above the 200-day MA of 289.49, indicating a bullish trend. The MACD of 2.51 indicates Positive momentum. The RSI at 55.12 is Neutral, neither overbought nor oversold. The STOCH value of 55.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9816.

Striders Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8898	82 Outperform	¥11.95B	11.85	―	4.98%	3.29%	-1.74%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
9816	65 Neutral	¥3.01B	14.55	―	1.51%	1.82%	332.58%
9423	63 Neutral	¥2.67B	14.58	―	2.43%	11.80%	-41.76%
5532	61 Neutral	¥17.03B	5.83	―	―	23.19%	44.46%
8944	60 Neutral	¥5.08B	-4.30	―	2.51%	86.49%	83.40%
4487	55 Neutral	¥3.61B	9.06	―	―	27.19%	―