Skip to main content
TipRanks
Go Ultimate75% OFF

MEDINET Co., Ltd. (2370) AI Stock Analysis

0 Followers
JP:2370

MEDINET Co., Ltd.

(TSE/TYO:2370)

Select Model
Rating:53.1Neutral
Price Target:JPY 19.50â–²(14.71% Upside)
Action:reiterated
Date:08/06/26

The overall score of 53.1 reflects a moderately bearish view. Weak financial performance (persistent losses, cash burn) and unattractive valuation are the primary drags. The technical picture is neutral to slightly bearish, with the stock in a downtrend. While revenue growth and a debt-free balance sheet offer some positives, the need for additional capital and high-risk sector dynamics warrant caution.

Positive Factors
Revenue GrowthRecent revenue growth indicates that MEDINET is expanding its commercial activity despite weak profitability. Continued top-line progress can provide a foundation for operating improvement if the company converts that demand into stronger margins and reduces the gap between sales growth and losses.
Negative Factors
Persistent LossesVery large and persistent losses indicate that revenue is not yet translating into an economically sustainable business. Because losses have not meaningfully narrowed over time, MEDINET may need a substantial improvement in operating performance before earnings can support durable growth.

MEDINET Co., Ltd. (2370) vs. iShares MSCI Japan ETF (EWJ)

-50%-40%-30%-20%-10%0%10%20%30%JP:2370-45.16%EWJ+16.06%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 4.79B
Dividend Yield
―
Average Volume (3M)
591.41K
Price to Earnings (P/E)
-4.2
Beta (1Y)
0.71
Revenue Growth
1.41%
EPS Growth
1.12%
Country
Japan
Employees
107
Sector
Healthcare
Sector Strength
51
Industry
Biotechnology

MEDINET Co., Ltd. Business Overview & Revenue Model

Company Description

Established in 1995 and headquartered in Tokyo, Japan, MEDINET Co., Ltd. functions as a contract development and manufacturing organization (CDMO) primarily focused on regenerative medicine and cell therapy solutions within Japan. The company furnish...

MEDINET Co., Ltd. Financial Statement Overview

Summary

Revenue growth of 11.8% in FY2025 and a debt-free balance sheet are positives, but persistent operating losses, negative cash flows, and declining equity raise concerns. The company's financial health is weak, reflecting its development stage.

Income Statement

25Negative

Balance Sheet

35Negative

Cash Flow

20Very Negative
Financial statement breakdown
BreakdownTTMSep 2025Sep 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue724.63M810.29M768.50M661.54M633.67M683.03M
Gross Profit128.40M83.44M82.67M65.21M90.44M135.45M
EBITDA-1.29B-1.26B-1.20B-1.36B-1.17B-718.52M
Net Income-1.41B-1.36B-1.28B-1.44B-1.25B-843.40M
Balance Sheet
Total Assets6.35B4.25B5.70B5.63B6.08B5.38B
Cash, Cash Equivalents and Short-Term Investments5.03B3.17B4.65B4.40B4.50B4.10B
Total Debt91.32M0781.00K2.31M4.30M7.69M
Total Liabilities548.63M477.10M509.95M590.60M566.58M475.44M
Stockholders Equity5.80B3.78B5.19B5.04B5.51B4.90B
Cash Flow
Free Cash Flow0-1.44B-1.25B-1.28B-1.14B-633.51M
Operating Cash Flow0-1.41B-1.19B-1.26B-1.13B-612.08M
Investing Cash Flow0-565.17M-12.71M-2.16M-50.35M-18.38M
Financing Cash Flow0-2.55M1.46B1.16B1.58B1.08B

MEDINET Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price17.00

Price Trends

50DMA22.42Negative
100DMA23.62Negative
200DMA26.48Negative

Market Momentum

MACD-1.60Positive
RSI30.18Neutral
STOCH28.33Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2370, the sentiment is Negative. The current price of 17.00 is below the 20-day moving average (MA) of 19.80, below the 50-day MA of 22.42, and below the 200-day MA of 26.48, indicating a bearish trend. The MACD of -1.60 indicates Positive momentum. The RSI at 30.18 is Neutral, neither overbought nor oversold. The STOCH value of 28.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2370.

MEDINET Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (51)

Financial Indicators

JP:2370 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:2385JP:238567NeutralJPY 5.52B32.56―4.74%-33.44%3.65%
JP:2370JP:237053NeutralJPY 4.84B-4.19――1.41%1.12%
Sector *51Neutral$7.86B-0.30-43.30%2.27%22.53%-2.21%
JP:2183JP:218350NeutralJPY 4.38B-1.16―4.12%-21.55%-497.97%
JP:2342JP:234244NeutralJPY 3.42B105.84――8.53%97.93%
JP:206AJP:206A41NeutralJPY 3.96B-4.51――84.23%33.14%

* Healthcare Sector Average

Performance Comparison

-50%0%50%100%JP:2370JP:2183JP:2342JP:2385JP:206ADec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:2370 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:2370MEDINET Co., Ltd.17.00-14.00-45.16%
JP:2183Linical Co., Ltd.194.00-99.92-34.00%
JP:2342Trans Genic Inc.203.006.003.05%
JP:2385Soiken Holdings Inc.211.00-10.57-4.77%
JP:206APRISM BioLab Co. LTD107.00-94.00-46.77%

MEDINET Co., Ltd. Corporate Events

MEDINET Narrows Losses on Higher Sales but Maintains No-Dividend Stance

Aug 13, 2026

MEDINET Co., Ltd. reported a 6.5% year-on-year increase in net sales to ¥609 million for the third quarter ended June 2026, up from ¥572 million a year earlier, but remained loss-making with an operating loss of ¥929 million and a net loss of ¥845 mi...

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: Aug 06, 2026