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E-SUPPORTLINK, Ltd. (2493) AI Stock Analysis

JP:2493

E-SUPPORTLINK, Ltd.

(TSE/TYO:2493)

Select Model
Rating:55Neutral
Price Target:JPY 970.00â–²(3.74% Upside)
Action:reiterated
Date:08/29/26

The score is held back primarily by weak cash generation (negative operating cash flow and free cash flow in 2024–2025) and thin margins despite improving revenue growth. A conservative balance sheet and neutral-to-slightly positive near-term technical indicators provide partial support, while valuation is only moderate with a minimal dividend yield.

Positive Factors
Improving Revenue TrajectoryThe return to clearer top-line growth after weak 2021–2023 performance suggests improving demand or execution. Sustained revenue expansion would provide a foundation for operating leverage if pricing and cost discipline improve.
Negative Factors
Persistent Negative Cash FlowBack-to-back negative operating and free cash flow raises concern that reported profits are not converting into liquidity. If working-capital outflows persist, the company may have less capacity to invest, distribute cash, or withstand operating volatility.

E-SUPPORTLINK, Ltd. (2493) vs. iShares MSCI Japan ETF (EWJ)

-5%0%5%10%15%20%25%JP:2493+0.97%EWJ+15.87%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
JPY 4.14B
Dividend Yield
0.53%
Average Volume (3M)
4,605
Price to Earnings (P/E)
33.7
Beta (1Y)
0.20
Revenue Growth
8.00%
EPS Growth
54.47%
Country
Japan
Employees
174
Sector
Technology
Sector Strength
61
Industry
Information Technology Services

E-SUPPORTLINK, Ltd. Business Overview & Revenue Model

Company Description

Established in Tokyo, Japan, in 1998, E-SUPPORTLINK, Ltd. specializes in delivering extensive technology and service solutions for the fresh produce supply chain. Its comprehensive portfolio includes the 'e Support link' system, an online platform fo...

E-SUPPORTLINK, Ltd. Financial Statement Overview

Summary

Fundamentals are mixed: revenue growth improved in 2025 (+5.35%), and leverage is conservative (low debt-to-equity), but profitability remains thin (net margin ~2.3%) and the major weakness is cash conversion with negative operating cash flow and free cash flow in both 2024 and 2025.

Income Statement

62Positive

Balance Sheet

71Positive

Cash Flow

38Negative
Financial statement breakdown
BreakdownTTMNov 2025Nov 2024Nov 2023Nov 2022Nov 2021
Income Statement
Total Revenue6.47B6.47B5.41B4.56B4.85B5.19B
Gross Profit2.15B2.15B1.90B1.71B1.82B1.96B
EBITDA380.44M392.46M290.11M180.74M321.10M165.70M
Net Income146.76M146.76M135.27M46.96M155.41M-942.05M
Balance Sheet
Total Assets6.18B6.18B5.45B5.57B5.49B6.13B
Cash, Cash Equivalents and Short-Term Investments1.41B1.41B1.95B3.00B3.39B4.34B
Total Debt659.70M659.70M496.38M849.58M1.18B1.44B
Total Liabilities2.48B2.48B1.92B2.17B2.12B2.92B
Stockholders Equity3.71B3.71B3.53B3.40B3.37B3.21B
Cash Flow
Free Cash Flow-258.19M-258.19M-219.94M239.20M-533.01M270.74M
Operating Cash Flow-225.88M-225.88M-219.94M246.69M-504.58M288.62M
Investing Cash Flow-454.26M-454.26M-455.65M-290.64M-171.11M-184.83M
Financing Cash Flow120.33M120.33M-375.32M-348.49M-270.07M1.23B

E-SUPPORTLINK, Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price935.00

Price Trends

50DMA945.20Negative
100DMA938.94Negative
200DMA967.89Negative

Market Momentum

MACD-2.99Positive
RSI44.08Neutral
STOCH11.76Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2493, the sentiment is Negative. The current price of 935.00 is below the 20-day moving average (MA) of 939.35, below the 50-day MA of 945.20, and below the 200-day MA of 967.89, indicating a bearish trend. The MACD of -2.99 indicates Positive momentum. The RSI at 44.08 is Neutral, neither overbought nor oversold. The STOCH value of 11.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2493.

E-SUPPORTLINK, Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

JP:2493 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:4396JP:439681OutperformJPY 31.32B16.64―2.12%15.42%27.83%
JP:5576JP:557664NeutralJPY 7.12B10.29―3.82%20.58%41.21%
Sector *61Neutral$37.18B12.37-10.20%1.83%8.50%-7.62%
JP:2493JP:249355NeutralJPY 4.14B33.69―0.53%8.00%54.47%
JP:3657JP:365753NeutralJPY 12.02B-4.53―4.71%-10.31%-194.96%
JP:5026JP:502646NeutralJPY 4.64B46.12――0.14%―
JP:5255JP:525542NeutralJPY 4.33B-31.42――-1.67%98.41%

* Technology Sector Average

Performance Comparison

-40%-20%0%20%JP:2493JP:3657JP:4396JP:5026JP:5255JP:5576Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
JP:2493 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:2493E-SUPPORTLINK, Ltd.935.008.970.97%
JP:3657Pole To Win Holdings.Inc.340.0024.727.84%
JP:4396System Support, Inc.1507.0024.621.66%
JP:5026TRIPLEIZE CO. LTD.553.00-203.00-26.85%
JP:5255Monstarlab Holdings Inc.67.00-96.00-58.90%
JP:5576O.B.System Inc.3010.00345.6812.97%
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 29, 2026