Planet, Inc. (2391) AI Stock Analysis

Planet, Inc.

(TSE/TYO:2391)

Select Model

Rating:58Neutral

Price Target:JPY 1,222.00▲(5.80% Upside)

Action:reiterated

Date:09/17/26

The overall score of 58 reflects a company with a strong financial foundation but significant operational challenges. The primary positive is the pristine, debt-free balance sheet and robust cash generation, which supports a high dividend yield. However, the most impactful factor is the severe and sustained decline in revenue and profitability, which creates a bearish technical trend and overshadows the company's financial stability. The stock is essentially a high-yield play on a contracting business.

Positive Factors

Debt-free balance sheetA debt-free balance sheet reduces solvency pressure and preserves financial flexibility through changing business conditions. The company can direct internally generated funds toward operations, investment, or shareholder returns without substantial mandatory debt servicing demands.

Negative Factors

Sharp revenue contractionA roughly 23% annual revenue decline signals a material weakening in demand or business activity, reducing operating leverage and making future earnings less predictable. Continued contraction would challenge the company’s ability to sustain investment, margins, and shareholder distributions.

Planet, Inc. (2391) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 7.69B
Dividend Yield: 3.80%
Average Volume (3M): 3,615
Price to Earnings (P/E): 18.5
Beta (1Y): 0.14
Revenue Growth: -0.42%
EPS Growth: 3.45%
Country: Japan
Employees: 46
Sector: Technology
Sector Strength: 61
Industry: Information Technology Services

Planet, Inc. Business Overview & Revenue Model

Company Description

Planet, Inc., headquartered in Tokyo, Japan, and established in 1985, specializes in offering electronic data interchange (EDI) services throughout the country. Its primary objective is to standardize the digital exchange of information between busin...

Planet, Inc. Financial Statement Overview

Summary

The company's financial health is a tale of two extremes. A fortress-like balance sheet with zero debt and strong cash flow conversion (1.42x operating cash flow to net income) provides excellent stability. However, this is severely undermined by a multi-year operational decline, including a 23.2% revenue drop and compressing margins, resulting in a low Income Statement Score of 35. The overall financial performance is weighed down by the deteriorating earnings trend.

Income Statement

35Negative

Balance Sheet

85Very Positive

Cash Flow

70Positive

Financial statement breakdown
Breakdown	TTM	Jul 2026	Jul 2025	Jul 2024	Jul 2023	Jul 2022
Income Statement
Total Revenue	3.15B	3.15B	3.16B	3.17B	3.13B	3.13B
Gross Profit	1.90B	1.90B	1.95B	2.02B	2.04B	2.07B
EBITDA	852.73M	836.54M	868.00M	901.31M	864.02M	949.27M
Net Income	412.33M	412.33M	400.00M	458.00M	442.00M	526.00M
Balance Sheet
Total Assets	6.38B	6.38B	6.65B	6.56B	6.37B	6.27B
Cash, Cash Equivalents and Short-Term Investments	3.00B	3.00B	2.96B	2.68B	2.60B	2.72B
Total Debt	0	0	0	0	0	0
Total Liabilities	927.34M	927.34M	1.02B	1.13B	1.02B	1.11B
Stockholders Equity	5.45B	5.45B	5.63B	5.42B	5.34B	5.16B
Cash Flow
Free Cash Flow	0	668.48M	529.00M	319.34M	208.75M	468.20M
Operating Cash Flow	0	677.45M	532.00M	625.49M	632.22M	689.05M
Investing Cash Flow	0	-190.89M	-19.00M	-267.73M	-470.44M	-214.84M
Financing Cash Flow	0	-389.56M	-285.00M	-285.10M	-278.49M	-278.77M

Planet, Inc. Technical Analysis

Technical Analysis SentimentNegative

Last Price1155.00

Price Trends

50DMA1169.48Negative

100DMA1173.11Negative

200DMA1198.22Negative

Market Momentum

MACD-3.74Positive

RSI39.65Neutral

STOCH10.00Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2391, the sentiment is Negative. The current price of 1155.00 is below the 20-day moving average (MA) of 1161.85, below the 50-day MA of 1169.48, and below the 200-day MA of 1198.22, indicating a bearish trend. The MACD of -3.74 indicates Positive momentum. The RSI at 39.65 is Neutral, neither overbought nor oversold. The STOCH value of 10.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2391.

Planet, Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

JP:2391 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:3984	80Outperform	JPY 22.67B	13.74	―	1.70%	16.61%	15.32%
JP:3393	71Outperform	JPY 31.07B	12.12	―	5.04%	7.10%	31.29%
JP:5574	66Neutral	JPY 22.68B	20.73	―	―	27.68%	126.99%
JP:2332	65Neutral	JPY 9.18B	11.69	―	3.28%	15.24%	7.17%
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
JP:2391	58Neutral	JPY 7.68B	18.52	―	3.80%	-0.42%	3.45%
JP:5255	45Neutral	JPY 4.33B	-31.42	―	―	-1.67%	98.41%

* Technology Sector Average

Performance Comparison

JP:2391 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:2391	Planet, Inc.	1158.00	-39.28	-3.28%
JP:2332	Quest Co., Ltd.	1769.00	188.52	11.93%
JP:3393	Startia Holdings,Inc.	3135.00	520.62	19.91%
JP:3984	User Local, Inc.	1410.00	-524.58	-27.12%
JP:5255	Monstarlab Holdings Inc.	67.00	-96.00	-58.90%
JP:5574	ABEJA,Inc.	2220.00	-653.00	-22.73%

Planet, Inc. Corporate Events

Planet, Inc. Delivers Stable Earnings and Strong Balance Sheet for FY2026

Sep 14, 2026

Planet, Inc. reported nearly flat results for the fiscal year ended July 31, 2026, with net sales edging down 0.4% to ¥3,148 million but operating profit slipping only 1.2% to ¥557 million. Ordinary profit rose 0.5% to ¥595 million and...

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 17, 2026

Planet, Inc. AI Stock Analysis