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Synspective Inc. (290A) AI Stock Analysis
Synspective Inc.
(TSE/TYO:290A)
The score is primarily constrained by weak financial performance (persistent operating losses and structurally negative free cash flow, with added risk from rising debt). Technicals are a meaningful offset, showing a clear uptrend and supportive momentum. Valuation remains a headwind due to the very high P/E and lack of a dividend yield.
Synspective Inc. (290A) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 180.53B
- Dividend Yield
- ―
- Average Volume (3M)
- 1.33M
- Price to Earnings (P/E)
- 160.9
- Beta (1Y)
- -0.06
- Revenue Growth
- 5.10%
- EPS Growth
- ―
- Country
- Japan
- Employees
- 228
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Aerospace & Defense
Synspective Inc. Business Overview & Revenue Model
Company Description
Synspective, Inc. provides solutions services with satellite data. It develops and operates small synthetic aperture radar satellites. The firm also offers remote monitoring services.
How the Company Makes Money
Synspective makes money primarily by selling access to SAR satellite data and derived analytics as geospatial information services. Key revenue streams typically include (1) SAR imagery/data provision: fees for ordering, licensing, or subscribing to...
Synspective Inc. Financial Statement Overview
Summary
Strong multi-year revenue expansion and improved capitalization are positives, and operating cash flow turning positive in 2025 is an encouraging inflection. However, the core profile is weighed down by persistently deep negative EBITDA/EBIT, large net losses, volatile gross profit (notably weakening in 2025 vs. 2024), and consistently strongly negative free cash flow alongside rising debt.
Income Statement
22NegativeBalance Sheet
58NeutralCash Flow
24Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.74B | 2.38B | 2.32B | 1.39B | 492.41M |
| Gross Profit | -599.12M | 7.77M | 226.76M | 830.61M | 360.35M |
| EBITDA | 543.01M | 962.70M | -2.23B | -1.34B | -6.18B |
| Net Income | 694.88M | -371.16M | -3.59B | -1.52B | -6.27B |
Balance Sheet | |||||
| Total Assets | 50.00B | 49.37B | 28.20B | 11.31B | 9.89B |
| Cash, Cash Equivalents and Short-Term Investments | 16.21B | 24.54B | 14.24B | 4.47B | 6.60B |
| Total Debt | 10.65B | 9.38B | 7.29B | 3.03B | 501.00M |
| Total Liabilities | 12.06B | 10.58B | 8.32B | 3.44B | 1.80B |
| Stockholders Equity | 37.95B | 38.79B | 19.87B | 7.87B | 8.09B |
Cash Flow | |||||
| Free Cash Flow | 0 | -9.96B | -9.16B | -5.96B | -6.68B |
| Operating Cash Flow | 0 | 1.66B | -1.80B | -2.34B | -4.18B |
| Investing Cash Flow | 0 | -11.63B | -7.46B | -3.64B | -2.50B |
| Financing Cash Flow | 0 | 20.27B | 19.03B | 3.84B | 5.93B |
Synspective Inc. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:290A, the sentiment is Positive. The current price of 1358.00 is above the 20-day moving average (MA) of 1283.35, below the 50-day MA of 1383.34, and above the 200-day MA of 1334.82, indicating a neutral trend. The MACD of -41.06 indicates Negative momentum. The RSI at 55.18 is Neutral, neither overbought nor oversold. The STOCH value of 90.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:290A.
Synspective Inc. Peers Comparison
Overall Rating
JP:513777Outperform
JP:239167Neutral
JP:363666Neutral
JP:557465Neutral
JP:618251Neutral
JP:290A50Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 77Outperform | JPY 11.77B | 19.95 | ― | ― | 35.69% | 99.90% | |
| 67Neutral | JPY 7.68B | 18.52 | ― | 3.80% | -0.42% | 3.45% | |
| 66Neutral | JPY 84.38B | 10.14 | ― | 3.10% | 9.71% | 61.00% | |
| 65Neutral | JPY 22.68B | 20.73 | ― | ― | 27.68% | 126.99% | |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| 51Neutral | JPY 5.04B | 5144.44 | ― | ― | 0.06% | -96.75% | |
| 50Neutral | JPY 182.70B | 160.90 | ― | ― | 5.10% | ― |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:290A | Synspective Inc. | 1358.00 | 394.00 | 40.87% | |
| JP:2391 | Planet, Inc. | 1158.00 | -39.28 | -3.28% | |
| JP:3636 | Mitsubishi Research Institute | 5330.00 | 615.62 | 13.06% | |
| JP:5137 | Smart Drive Co. Ltd. | 310.00 | -113.00 | -26.71% | |
| JP:5574 | ABEJA,Inc. | 2220.00 | -653.00 | -22.73% | |
| JP:6182 | Metareal Corp. | 463.00 | -27.00 | -5.51% |
Synspective Inc. Corporate Events
Synspective Secures 20-Launch Deal with Rocket Lab for Satellite Expansion
Synspective Inc., a TSE Growth-listed space and satellite data company, is building out its Earth observation capabilities through a growing constellation of satellites and associated analytics services. The business model depends on stable access to...
Synspective Adds 13th Small SAR Satellite to Expanding StriX Constellation
Synspective Inc. has successfully placed its 13th small SAR satellite in the StriX series into orbit using Rocket Lab USA’s Electron rocket, launched from New Zealand’s Mahia Peninsula on September 26, 2026, Japan time. The satellite̵...
Synspective Successfully Orbits 12th Small SAR Satellite in StriX Series
Synspective has successfully launched and deployed its 12th small SAR satellite in the StriX series, using Rocket Lab USA’s Electron rocket from Launch Complex 1 in New Zealand. The satellite’s antenna deployment and initial communication...
Synspective Secures ¥20 Billion Syndicated Loan to Expand SAR Satellite Constellation
Synspective Inc. has secured a 20 billion yen syndicated term loan arranged by Mizuho Bank, with participation from multiple major Japanese banks, to fund the manufacture and launch of SAR satellites that underpin its constellation strategy. The unse...
Synspective Cuts Launch Insurance Costs With New Excess-Deductible Structure
Synspective Inc. has approved a new launch insurance contract for nine of its small SAR satellites, including the 13th StriX unit, structured with an excess deductible that leaves the first launch failure among the covered missions uninsured. Insuran...
Synspective Launches OMNIA to Share SAR Constellation Capacity Among Global Users
Synspective Inc. has approved the introduction of Synspective OMNIA, a new program that allows multiple government and corporate users worldwide to share capacity on its small SAR satellite constellations. The scheme is designed to give participants...
Synspective’s 11th SAR Satellite Reaches Orbit, Boosts Growing Constellation
Synspective has successfully launched its 11th small SAR satellite in the StriX series aboard Rocket Lab USA Inc.’s Electron rocket from New Zealand’s Mahia Peninsula. The satellite has reached its target orbit, deployed its antenna and e...
Synspective to Relocate Tokyo Headquarters and Triple SAR Satellite Output Capacity
Synspective Inc. will relocate its head office from Koto-ku to Chuo-ku, Tokyo, with the move becoming effective on November 1, 2026, following earlier shareholder approval to amend its Articles of Incorporation. The new headquarters in Harumi Island...
Synspective Posts Strong Revenue Growth but Expects Profit Turnaround in 2026
Synspective reported total revenue of ¥3,918 million for the six months ended June 30, 2026, up 186.5% year-on-year, driven by both net sales growth and government subsidies, while net sales alone rose 27.4% to ¥1,691 million.Despite this s...
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 20, 2026