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Sun Capital Management Corp. (JP:2134)
:2134
Japanese Market
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Sun Capital Management Corp. (2134) AI Stock Analysis

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JP:2134

Sun Capital Management Corp.

(2134)

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Neutral 43 (OpenAI - Gpt-5.6Sol)
Rating:43Neutral
Price Target:
¥18.50
▼(-45.59% Downside)
Action:Reiterated
Date:09/26/26
The score is primarily constrained by weak financial performance—ongoing net losses and sustained negative operating/free cash flow outweigh the recent revenue rebound and improved leverage profile. Technicals add pressure with the stock below major moving averages and negative momentum indicators. Valuation provides limited support because the company is unprofitable (negative P/E) and no dividend yield is available.
Positive Factors
Revenue rebound
The sharp 2026 revenue rebound indicates stronger recent business activity and expanded top-line scale. If this growth is sustained, it can improve operating leverage, support reinvestment, and provide a broader base from which the company may eventually pursue profitability.
Negative Factors
Persistent unprofitability
Deep and persistent operating and net losses indicate that revenue growth has not yet translated into an economically sustainable business model. Continued losses can consume equity, restrict strategic investment, and leave results highly dependent on a successful margin-recovery plan.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue rebound
The sharp 2026 revenue rebound indicates stronger recent business activity and expanded top-line scale. If this growth is sustained, it can improve operating leverage, support reinvestment, and provide a broader base from which the company may eventually pursue profitability.
Read all positive factors

Sun Capital Management Corp. (2134) vs. iShares MSCI Japan ETF (EWJ)

Sun Capital Management Corp. Business Overview & Revenue Model

Company Description
Operating as a private equity and venture capital firm, Kitahama Capital Partners Co.,Ltd., previously known as Sun Capital Management Corp., concentrates its investment efforts on venture capital opportunities, corporate turnarounds, and mergers ...

Sun Capital Management Corp. Financial Statement Overview

Summary
Despite a sharp 2026 revenue rebound (~+260% YoY), profitability remains deeply negative (EBIT margin ~-52%, net margin ~-63%) and losses have been persistent. Cash generation is the main weakness: operating cash flow and free cash flow are negative across all periods and worsened in 2025–2026 (OCF ~-1.6B; FCF ~-1.9B in 2026). The balance sheet is relatively more stable recently (debt-to-equity ~0.13), but returns on equity are still materially negative (~-24%), keeping overall financial risk elevated.
Income Statement
18
Very Negative
Balance Sheet
56
Neutral
Cash Flow
14
Very Negative
BreakdownTTMMar 2026Mar 2026Mar 2025Mar 2024Mar 2023
Income Statement
Total Revenue1.98B1.96B701.61M234.49M381.43M386.59M
Gross Profit499.80M540.75M230.42M178.49M204.80M217.73M
EBITDA-1.15B-921.97M-757.62M-334.58M-409.04M-479.66M
Net Income-1.45B-1.24B-835.21M-489.20M-904.22M-1.25B
Balance Sheet
Total Assets6.80B6.83B2.69B1.22B1.32B1.79B
Cash, Cash Equivalents and Short-Term Investments718.63M544.77M256.47M62.67M159.51M75.93M
Total Debt837.22M705.02M256.40M734.26M394.06M348.89M
Total Liabilities1.66B1.34B646.32M1.06B665.73M906.55M
Stockholders Equity4.96B5.26B2.03B153.33M655.60M879.77M
Cash Flow
Free Cash Flow0.00-1.91B-1.76B-478.18M-596.81M-994.28M
Operating Cash Flow0.00-1.62B-1.58B-468.26M-591.86M-490.39M
Investing Cash Flow0.00-1.43B-420.04M99.19M-1.58M-680.89M
Financing Cash Flow0.003.33B2.19B272.24M677.01M1.13B

Sun Capital Management Corp. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price34.00
Price Trends
50DMA
22.20
Negative
100DMA
24.90
Negative
200DMA
29.36
Negative
Market Momentum
MACD
-1.24
Positive
RSI
42.62
Neutral
STOCH
26.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2134, the sentiment is Negative. The current price of 34 is above the 20-day moving average (MA) of 19.65, above the 50-day MA of 22.20, and above the 200-day MA of 29.36, indicating a bearish trend. The MACD of -1.24 indicates Positive momentum. The RSI at 42.62 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2134.

Sun Capital Management Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
84
Outperform
¥82.40B13.8420.18%3.36%23.07%33.26%
76
Outperform
¥220.30B9.7712.28%5.64%33.52%186.49%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
60
Neutral
¥119.83B23.843.72%5.81%-44.57%-50.48%
48
Neutral
¥4.43B39.441.10%―8.00%-55.19%
47
Neutral
¥21.25B-34.03―1.81%-25.55%-139.93%
43
Neutral
¥9.64B-7.20――263.03%23.09%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:2134
Sun Capital Management Corp.
19.00
-24.00
-55.81%
JP:8595
Jafco Co
2,288.00
-225.05
-8.96%
JP:8739
Sparx Group Co
2,679.00
1,135.15
73.53%
JP:8616
Tokai Tokyo Financial Holdings
906.00
343.54
61.08%
JP:8518
Japan Asia Investment Company, Limited
155.00
-77.00
-33.19%
JP:3772
Wealth Management Inc
1,106.00
39.28
3.68%
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: Sep 26, 2026