Skip to main content
TipRanks
Go Ultimate75% OFF

Interspace Co., Ltd. (2122) AI Stock Analysis

0 Followers
JP:2122

Interspace Co., Ltd.

(TSE/TYO:2122)

Select Model
Rating:63Neutral
Price Target:JPY 1,409.00▲(7.97% Upside)
Action:reiterated
Date:11/11/26

The overall score of 63 reflects a company with a very strong, debt-free balance sheet and a sharp recovery in cash flows, offset by weak technical momentum and a history of volatile earnings. The primary strength is financial stability, while the main risk is the inability to sustain the recent operational rebound, as reflected in the bearish technical indicators.

Positive Factors
Debt-Free Balance SheetA debt-free balance sheet materially lowers financial risk and preserves flexibility for investment, dividends, or operating needs. Stable-to-rising equity also provides a durable capital base, helping the company withstand weaker periods without refinancing pressure or excessive interest costs.
Negative Factors
Volatile ProfitabilityRevenue growth has not translated into consistently strong profitability, as net and EBIT margins have fluctuated substantially. This suggests earnings remain sensitive to operating costs or business mix, potentially limiting the durability of profit growth even if demand continues expanding.

Interspace Co., Ltd. (2122) vs. iShares MSCI Japan ETF (EWJ)

-10%-5%0%5%10%15%20%25%JP:2122+8.76%EWJ+13.61%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 8.21B
Dividend Yield
2.30%
Average Volume (3M)
7,178
Price to Earnings (P/E)
17.6
Beta (1Y)
0.16
Revenue Growth
8.34%
EPS Growth
125.72%
Country
Japan
Employees
405
Sector
Communication Services
Sector Strength
60
Industry
Advertising Agencies

Interspace Co., Ltd. Business Overview & Revenue Model

Company Description

Operating across Japan, Indonesia, Thailand, Vietnam, Singapore, and Malaysia, Interspace Co.,Ltd. specializes in delivering internet advertising and media solutions. Its offerings encompass ACCESSTRADE, a leading affiliate marketing platform, along...

Interspace Co., Ltd. Financial Statement Overview

Summary

The company has a pristine, debt-free balance sheet providing maximum financial flexibility. FY 2026 saw a powerful earnings and cash flow rebound, with operating cash flow surging to ¥1.01 billion. However, historical volatility in profitability and cash conversion remains a concern, preventing a higher score.

Income Statement

58Neutral

Balance Sheet

85Very Positive

Cash Flow

72Positive
Financial statement breakdown
BreakdownTTMSep 2026Sep 2025Sep 2024Sep 2023Sep 2022
Income Statement
Total Revenue9.53B9.58B8.85B7.91B7.28B7.12B
Gross Profit7.90B7.92B7.31B6.36B5.94B5.95B
EBITDA979.60M623.05M610.84M618.19M1.14B1.29B
Net Income504.94M465.00M206.00M59.52M585.98M563.46M
Balance Sheet
Total Assets11.47B11.43B11.18B11.23B11.09B11.08B
Cash, Cash Equivalents and Short-Term Investments5.90B6.07B5.59B5.95B5.63B5.76B
Total Debt000000
Total Liabilities5.63B5.52B5.55B5.59B5.31B5.72B
Stockholders Equity5.84B5.91B5.64B5.64B5.78B5.36B
Cash Flow
Free Cash Flow106.84M978.02M106.84M528.69M411.14M1.16B
Operating Cash Flow169.63M1.01B169.63M836.88M512.55M1.18B
Investing Cash Flow-333.69M-302.81M-333.69M-332.73M-482.46M-263.64M
Financing Cash Flow-187.93M-188.08M-187.93M-156.58M-156.80M-657.85M

Interspace Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price1305.00

Price Trends

50DMA1366.93Negative
100DMA1358.10Negative
200DMA1298.88Positive

Market Momentum

MACD-14.12Negative
RSI44.58Neutral
STOCH58.04Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2122, the sentiment is Negative. The current price of 1305.00 is below the 20-day moving average (MA) of 1317.75, below the 50-day MA of 1366.93, and above the 200-day MA of 1298.88, indicating a neutral trend. The MACD of -14.12 indicates Negative momentum. The RSI at 44.58 is Neutral, neither overbought nor oversold. The STOCH value of 58.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2122.

Interspace Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (60)

Financial Indicators

JP:2122 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:6535JP:653571OutperformJPY 26.82B9.08―5.76%2.87%0.67%
JP:7095JP:709568NeutralJPY 14.41B5.86―5.57%-5.30%-13.86%
JP:6045JP:604565NeutralJPY 15.47B5.20―1.20%289.34%309.72%
JP:2122JP:212263NeutralJPY 8.77B17.61―2.30%8.34%125.72%
Sector *60Neutral$48.67B4.58-11.27%4.14%2.83%-41.78%
JP:6094JP:609448NeutralJPY 8.83B4.45――10.01%―
JP:2491JP:249141NeutralJPY 13.06B-3.52―7.98%-59.47%-181.86%

* Communication Services Sector Average

Performance Comparison

-25%0%25%50%JP:2122JP:2491JP:6045JP:6094JP:6535JP:7095Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:2122 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:2122Interspace Co., Ltd.1305.0096.317.97%
JP:2491ValueCommerce Co., Ltd.401.00-251.47-38.54%
JP:6045Rentracks Co., Ltd.1993.00406.9825.66%
JP:6094FreakOut Holdings, Inc.485.00-20.00-3.96%
JP:6535i-mobile Co., Ltd.469.00-67.01-12.50%
JP:7095Macbee Planet Inc988.00-750.42-43.17%

Interspace Co., Ltd. Corporate Events

Interspace Reports Fiscal 2026 Consolidated Results

Nov 10, 2026

Interspace Co., Ltd., listed on the Tokyo Stock Exchange under code 2122, reported consolidated results for the fiscal year ended September 30, 2026, under Japanese GAAP. Net sales rose 8.3% year on year to ¥9.584 billion, while operating profit incr...

Interspace Profit Surges as Nine-Month Earnings and Dividend Outlook Strengthen

Aug 12, 2026

Interspace Co., Ltd. reported consolidated net sales of ¥7.33 billion for the nine months ended June 30, 2026, up 10.2% year on year, with operating profit surging 91.8% to ¥592 million and profit attributable to owners of parent jumping 256.4% to ¥4...

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.

Date of analysis: Nov 11, 2026