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Manabi-aid Co.,Ltd.
(184A)
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Rating:46Neutral
Price Target:
¥352.00
▼(-36.80% Downside)
Action:Reiterated
Date:07/30/26
The score is primarily held back by weak financial performance—deep losses and negative free cash flow in the last two years—despite a relatively low-leverage balance sheet. Technicals are neutral-to-weak given the stock remains below longer-term moving averages, and valuation is constrained by a negative P/E with no dividend yield data to offset earnings risk.
Positive Factors
Low leverage and stronger equity base
Low reported leverage and a meaningful increase in equity and assets provide financial flexibility to absorb operating losses, support working capital, and fund strategic initiatives. This balance-sheet strength lengthens the runway for operational recovery without immediate refinancing needs.
Negative Factors
Deep operating and net losses
Sustained deep operating and net losses erode retained capital, limit reinvestment capacity, and make it harder to finance turnaround initiatives organically. Persistent losses also increase the chance that balance-sheet strength will be consumed before margins recover, raising solvency risks.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and stronger equity base
Low reported leverage and a meaningful increase in equity and assets provide financial flexibility to absorb operating losses, support working capital, and fund strategic initiatives. This balance-sheet strength lengthens the runway for operational recovery without immediate refinancing needs.
Read all positive factors
Manabi-aid Co.,Ltd. (184A) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥1.09B
Dividend YieldN/A
Average Volume (3M)6.22K
Price to Earnings (P/E)―
Beta (1Y)0.24
Revenue Growth26.27%
EPS Growth59.19%
CountryJP
Employees33
SectorGeneral
Sector StrengthN/A
IndustryEducation & Training Services
Share Statistics
EPS (TTM)-9.19
Shares Outstanding3,413,500
10 Day Avg. Volume9,130
30 Day Avg. Volume6,216
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)2.10
Price to Sales (P/S)3.07
P/FCF Ratio-10.17
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Manabi-aid Co.,Ltd. Business Overview & Revenue Model
Company Description
Manabi-Aid Co. Ltd. operates within the education sector, specializing in the design, development, and delivery of online learning solutions. The company also provides advisory services to academic institutions and oversees the management of prepa...
Manabi-aid Co.,Ltd. Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
63
Positive
Cash Flow
27
Negative
| Breakdown | Apr 2026 | Apr 2026 | Apr 2025 | Apr 2023 | Apr 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 366.07M | 289.91M | 628.72M | 501.33M | 290.46M |
| Gross Profit | 157.73M | 88.73M | 423.36M | 377.68M | 194.56M |
| EBITDA | -163.28M | -285.44M | 153.17M | 118.23M | -40.98M |
| Net Income | -179.13M | -318.04M | 118.40M | 93.27M | -60.20M |
Balance Sheet | |||||
| Total Assets | 619.01M | 219.67M | 454.24M | 369.74M | 192.66M |
| Cash, Cash Equivalents and Short-Term Investments | 459.87M | 29.96M | 141.61M | 123.38M | 50.16M |
| Total Debt | 17.85M | 37.84M | 62.34M | 97.23M | 44.22M |
| Total Liabilities | 82.54M | 84.25M | 164.78M | 198.68M | 114.87M |
| Stockholders Equity | 536.47M | 135.42M | 289.46M | 171.06M | 77.79M |
Cash Flow | |||||
| Free Cash Flow | -110.53M | -231.35M | 59.02M | 20.19M | -59.56M |
| Operating Cash Flow | -108.11M | -218.39M | 63.81M | 24.11M | -56.93M |
| Investing Cash Flow | -11.91M | -21.97M | -7.18M | -3.90M | -2.55M |
| Financing Cash Flow | 549.93M | 128.71M | -38.40M | 53.01M | -13.16M |
Manabi-aid Co.,Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ¥11.39B | 13.06 | ― | 2.06% | 21.04% | 1.74% | |
76 Outperform | ¥2.03B | 11.35 | ― | 1.92% | -2.92% | -20.86% | |
71 Outperform | ¥3.39B | 33.89 | ― | 1.33% | -1.08% | 108.06% | |
56 Neutral | ¥1.95B | -111.01 | ― | ― | -1.10% | 95.12% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
46 Neutral | ¥1.09B | -5.62 | ― | ― | 26.27% | 59.19% |
* General Sector Average
JP:184A
Manabi-aid Co.,Ltd.
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-51.58%
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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.