TSUKURUBA, Inc. (2978) AI Stock Analysis

• Market Cap: ¥6.38B
• Dividend Yield: N/A
• Average Volume (3M): 12.26K
• Price to Earnings (P/E): 59.1
• Beta (1Y): 0.28
• Revenue Growth: 47.71%
• EPS Growth: -49.54%
• Country: JP
• Employees: 197
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 9.80
• Shares Outstanding: 11,735,400
• 10 Day Avg. Volume: 11,760
• 30 Day Avg. Volume: 12,260
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥547.00
• Price Target Upside: 0.18% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: ¥547.00 ▲(0.18% Upside)

The overall stock score for TSUKURUBA, Inc. is primarily influenced by its financial performance and technical analysis. Despite strong revenue growth, the company faces significant challenges with profitability, cash flow, and high leverage. The technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation. These factors contribute to a cautious outlook on the stock.

TSUKURUBA, Inc. Business Overview & Revenue Model

Company Description

tsukuruba inc. provides technology-powered property-related services. The company plans and develops cowcamo, a real estate brokerage platform for used and renovated properties. It also offers property planning and design services. The company was incorporated in 2011 and is headquartered in Tokyo, Japan.

How the Company Makes Money

TSUKURUBA, Inc. generates revenue through its digital real estate platforms which include subscription and transaction fees from users and partners. The company's platforms facilitate property transactions by connecting buyers, sellers, and renters, allowing them to complete real estate deals efficiently. Additionally, TSUKURUBA may engage in partnerships with other real estate firms and technology providers to expand its service offerings and enhance its platform capabilities, further contributing to its revenue streams.

TSUKURUBA, Inc. Financial Statement Overview

Summary

TSUKURUBA, Inc. shows strong revenue growth and a healthy gross profit margin. However, the company faces challenges in profitability with a low net profit margin and cash flow management issues. The high leverage on the balance sheet indicates potential financial risk.

Income Statement

TSUKURUBA, Inc. has shown a strong revenue growth rate of 18.87% in the most recent year, indicating a positive trajectory in sales. The gross profit margin is healthy at 43.75%, reflecting efficient cost management. However, the net profit margin is relatively low at 1.31%, suggesting that profitability could be improved. The EBIT and EBITDA margins are modest at 3.38% and 3.67%, respectively, indicating room for operational efficiency improvements.

Balance Sheet

The company has a high debt-to-equity ratio of 1.89, which indicates significant leverage and potential financial risk. The return on equity is moderate at 5.49%, showing some profitability for shareholders. The equity ratio is 31.45%, suggesting a balanced but slightly leveraged capital structure. Overall, the balance sheet reflects a need for careful debt management.

Cash Flow

TSUKURUBA, Inc. faces challenges in cash flow management, with negative operating and free cash flows. The free cash flow growth rate is significantly high at 7174.40%, but this is from a negative base, indicating volatility. The operating cash flow to net income ratio is negative, highlighting cash flow issues relative to reported profits. The free cash flow to net income ratio is also negative, suggesting difficulties in converting profits into cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.10B	8.10B	5.48B	4.15B	2.77B	1.62B
Gross Profit	3.54B	3.54B	2.82B	2.52B	1.84B	1.26B
EBITDA	282.67M	297.00M	250.97M	-111.13M	-771.36M	-437.52M
Net Income	106.00M	106.00M	215.66M	-165.52M	-822.42M	-482.46M
Balance Sheet
Total Assets	6.14B	6.14B	4.22B	3.06B	2.88B	3.04B
Cash, Cash Equivalents and Short-Term Investments	1.87B	1.87B	1.92B	1.77B	1.65B	2.24B
Total Debt	3.65B	3.65B	2.12B	1.19B	1.64B	1.90B
Total Liabilities	4.21B	4.21B	2.42B	1.55B	1.97B	2.16B
Stockholders Equity	1.93B	1.93B	1.80B	1.51B	909.61M	879.79M
Cash Flow
Free Cash Flow	0.00	-1.50B	-939.00M	-94.33M	-1.11B	-579.98M
Operating Cash Flow	0.00	-1.48B	-900.55M	-85.48M	-1.03B	-437.82M
Investing Cash Flow	0.00	-76.00M	81.07M	-59.26M	-108.78M	-105.92M
Financing Cash Flow	0.00	1.50B	954.28M	263.01M	544.46M	1.22B

TSUKURUBA, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 546.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2978, the sentiment is Negative. The current price of 546 is below the 20-day moving average (MA) of 583.35, below the 50-day MA of 592.24, and below the 200-day MA of 695.37, indicating a bearish trend. The MACD of -12.72 indicates Positive momentum. The RSI at 32.66 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2978.

TSUKURUBA, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3277	76 Outperform	¥11.23B	5.86	―	3.13%	11.78%	131.36%
3467	76 Outperform	¥13.26B	7.57	―	4.09%	7.89%	60.35%
2993	74 Outperform	¥9.51B	4.77	―	4.05%	7.57%	66.62%
3294	72 Outperform	¥10.77B	9.46	―	4.84%	23.20%	3.21%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
8894	64 Neutral	¥8.40B	27.06	―	―	781.93%	-2754.00%
2978	46 Neutral	¥6.38B	59.08	―	―	47.71%	-49.54%

TSUKURUBA, Inc. Corporate Events

TSUKURUBA Inc. Reports Financial Results for Six Months Ending January 2025

TSUKURUBA Inc. reported its consolidated financial results for the six months ended January 31, 2025, showing a significant increase in net sales by 65.1% compared to the previous year. However, the company experienced a decrease in ordinary profit by 3.7%, and a net loss attributable to owners of the parent company. The company’s total assets increased, but its capital adequacy ratio decreased from 39.3% to 31.3%. The financial forecast for the fiscal year ending July 31, 2025, anticipates continued growth in net sales and operating profit, though profit attributable to owners is expected to decline by 42%.