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Renaissance,Incorporated
(2378)
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Rating:52Neutral
Price Target:
¥1,062.00
▼(-2.12% Downside)
Action:Reiterated
Date:08/11/26
The score is primarily held back by financial performance: a return to net losses in 2026 and high/rising leverage outweigh strong revenue growth and generally positive operating cash flow. Technical indicators are mildly supportive (positive MACD, neutral RSI), but valuation remains pressured due to negative earnings and only a modest dividend yield.
Positive Factors
Strong Revenue Expansion
Sharp revenue expansion indicates stronger business activity and potential operating scale. If sustained, the larger revenue base could improve fixed-cost absorption and support future profitability, although conversion into earnings remains unproven.
Negative Factors
Return to Net Losses
The renewed net loss weakens earnings quality and limits internally generated capital. Losses have also recurred in several years since 2021, indicating that profitability is volatile and that strong revenue growth has not yet translated into durable shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Expansion
Sharp revenue expansion indicates stronger business activity and potential operating scale. If sustained, the larger revenue base could improve fixed-cost absorption and support future profitability, although conversion into earnings remains unproven.
Read all positive factors
Renaissance,Incorporated (2378) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥20.13B
Dividend Yield1.22%
Average Volume (3M)65.99K
Price to Earnings (P/E)―
Beta (1Y)0.36
Revenue Growth3.00%
EPS Growth-439.51%
CountryJP
Employees2,020
SectorGeneral
Sector StrengthN/A
IndustryLeisure
Share Statistics
EPS (TTM)-110.15
Shares Outstanding21,379,000
10 Day Avg. Volume37,510
30 Day Avg. Volume65,993
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)2.07
Price to Sales (P/S)0.31
P/FCF Ratio50.64
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)25.4
Revenue Forecast (FY)¥68.00B
Renaissance,Incorporated Business Overview & Revenue Model
Company Description
Renaissance, Incorporated is primarily engaged in the operation of sports clubs in Japan. Its main business activities include the management of fitness clubs, swimming schools, tennis schools, and golf schools. The company also provides health pr...
Renaissance,Incorporated Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
42
Neutral
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 65.78B | 64.93B | 63.74B | 43.63B | 40.76B | 37.12B |
| Gross Profit | 6.10B | 5.44B | 5.68B | 3.67B | 2.98B | 3.01B |
| EBITDA | 5.73B | 5.06B | 4.98B | 3.68B | 2.39B | 3.05B |
| Net Income | -2.08B | -2.11B | 766.00M | 632.95M | -1.14B | 513.57M |
Balance Sheet | ||||||
| Total Assets | 57.48B | 57.04B | 56.06B | 53.19B | 42.62B | 38.54B |
| Cash, Cash Equivalents and Short-Term Investments | 8.78B | 8.57B | 7.68B | 6.21B | 5.53B | 4.86B |
| Total Debt | 29.62B | 30.80B | 29.01B | 26.73B | 22.55B | 18.88B |
| Total Liabilities | 47.91B | 47.35B | 43.94B | 41.76B | 31.63B | 28.21B |
| Stockholders Equity | 9.57B | 9.69B | 12.12B | 11.43B | 10.99B | 10.32B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 396.22M | 315.94M | 2.32B | -1.09B | 2.34B |
| Operating Cash Flow | 0.00 | 4.12B | 3.51B | 4.83B | 1.61B | 3.82B |
| Investing Cash Flow | 0.00 | -4.40B | -3.16B | -4.52B | -4.24B | -1.42B |
| Financing Cash Flow | 0.00 | 1.19B | 1.09B | 436.06M | 3.35B | -4.56B |
Renaissance,Incorporated Technical Analysis
Positive
1085.00
Price Trends
1042.80
Positive
1025.31
Positive
1049.63
Positive
Market Momentum
7.07
Positive
54.06
Neutral
62.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2378, the sentiment is Positive. The current price of 1085 is above the 20-day moving average (MA) of 1059.25, above the 50-day MA of 1042.80, and above the 200-day MA of 1049.63, indicating a bullish trend. The MACD of 7.07 indicates Positive momentum. The RSI at 54.06 is Neutral, neither overbought nor oversold. The STOCH value of 62.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2378.
Renaissance,Incorporated Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥140.74B | 12.61 | ― | 1.78% | 2.93% | 6.77% | |
74 Outperform | ¥403.47B | 17.12 | 13.90% | 1.64% | 8.08% | 12.01% | |
71 Outperform | ¥43.33B | 17.14 | ― | 1.42% | 5.70% | 20.81% | |
68 Neutral | ¥21.94B | 11.12 | ― | 0.76% | 11.79% | 16.51% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | ¥6.20B | 12.71 | ― | 2.41% | -0.56% | -9.53% | |
52 Neutral | ¥20.13B | -9.67 | ― | 1.12% | 3.00% | -439.51% |
* General Sector Average
JP:2378
Renaissance,Incorporated
1,065.00
-152.24
-12.51%
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Renaissance,Incorporated Corporate Events
Renaissance Revamps Segment Reporting to Highlight Diversified Growth
Aug 7, 2026
Renaissance, Incorporated is reshaping its business portfolio across sports clubs, home fitness, and nursing care and rehabilitation services to reduce reliance on traditional club operations. The company manages sports facilities for both private...
Renaissance Lifts Interim Profit Outlook on Strong Sports Club Performance
Aug 7, 2026
Renaissance, Incorporated raised its interim consolidated earnings forecast for the six months ending September 30, 2026, citing stronger-than-expected performance across its core businesses. Net sales are unchanged at 33 billion yen, but operatin...
Renaissance Reshapes Segment Reporting to Highlight Diversifying Health and Fitness Portfolio
Aug 7, 2026
Renaissance, Incorporated has restructured its financial reporting to reflect a more diversified business portfolio beyond its traditional sports club operations. The company previously reported results under a single segment but has now recognize...
Renaissance Raises Interim Profit Forecast on Strong Sports Club Performance
Aug 7, 2026
Renaissance, Incorporated has revised upward its consolidated interim earnings forecast for the six months ending September 30, 2026, while keeping net sales guidance unchanged. The company now expects operating income, ordinary income, and interi...
Renaissance Swings Back to Profit and Hikes Full-Year Earnings Outlook
Aug 7, 2026
Renaissance, Incorporated reported consolidated net sales of ¥16.4 billion for the quarter ended June 30, 2026, a 5.4% year-on-year increase, with operating income swinging to a profit of ¥361 million and net income attributable to owner...
Renaissance Temporarily Shuts Kumamoto Gyms After Earthquake, Sees Limited Earnings Impact
Jul 30, 2026
Renaissance, Incorporated reported that its three sports club and sauna spa facilities in Kumamoto Prefecture sustained interior damage following the Kumamoto Earthquake on July 28, 2026, though no serious personal injuries were confirmed. The aff...
Renaissance Completes Treasury Stock Disposal for Restricted Share Compensation
Jul 22, 2026
Renaissance, Incorporated has completed the payment procedures for the disposal of 29,646 shares of its treasury stock as part of a restricted stock compensation plan. The transaction, approved by the board in late June and executed on July 22, 20...
Renaissance Reshapes Legal and Finance Leadership in Japan and Vietnam
Jun 25, 2026
Renaissance, Incorporated has announced targeted management changes involving its legal and finance functions, signaling an effort to strengthen governance and operational oversight across its domestic and overseas operations. The company appointe...
Renaissance to Grant Treasury Shares as Restricted Stock to Align Executives With Shareholders
Jun 25, 2026
Renaissance, Incorporated has approved the disposal of 29,646 shares of its treasury stock as restricted stock compensation to four internal directors and sixteen executive officers, valued at 992 yen per share for a total of 29.4 million yen. The...
Renaissance Restructures Sports Club Sales Organization and Realigns Executive Roles
May 21, 2026
Renaissance, Incorporated announced that it will streamline the organizational structure of its Sports Club Business Headquarters by consolidating its sales organization from five sales departments to four as of June 1, 2026. This reorganization i...
Renaissance Revises Board Rules to Boost Governance Flexibility
May 21, 2026
Renaissance, Incorporated has proposed a partial amendment to its Articles of Incorporation to be voted on at the 44th Ordinary General Meeting of Shareholders scheduled for June 25, 2026. The change would revise the rules governing who convenes a...
Renaissance Approves Higher Year-End Dividend for Common Shareholders
May 21, 2026
Renaissance, Incorporated has approved year-end dividends of 9.0 yen per common share and 4.78 yen per Class A share, with a record date of March 31, 2026 and an effective payment date of June 10, 2026. Total dividends will amount to 170 million y...
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.