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Grandes, Inc. (3261) AI Stock Analysis
Grandes, Inc.
(TSE/TYO:3261)
Grandes, Inc. scores below average, driven primarily by deteriorating fundamentals: a swing to a net loss, two straight years of revenue contraction, sharply compressed margins, and a significant cash burn (-¥526M operating cash flow) funded in part by debt that more than doubled to ¥2.24B. A stable equity base and still-manageable leverage prevent a lower score. Technicals offer partial support, with the price above its 20-, 50- and 100-day averages and positive MACD momentum, though the stock remains well below its 200-day average, signaling an unresolved longer-term downtrend. Valuation is neutral—a 3.59% yield and 18.3x P/E look reasonable, but payout sustainability is uncertain given negative earnings and cash flow. Investors should watch for stabilization in revenue and a return to positive cash generation.
Grandes, Inc. (3261) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 1.78B
- Dividend Yield
- 3.46%
- Average Volume (3M)
- 5,620
- Price to Earnings (P/E)
- 19.0
- Beta (1Y)
- 0.29
- Revenue Growth
- -10.39%
- EPS Growth
- -31.92%
- Country
- Japan
- Employees
- 60
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Services
Grandes, Inc. Business Overview & Revenue Model
Company Description
Headquartered in Oita, Japan, GRANDES, Inc. was established in 2006. The company primarily focuses on the Japanese real estate market, undertaking the development and sale of various residential properties, such as houses, condominiums, and apartment...
Grandes, Inc. Financial Statement Overview
Summary
Financials are the dominant weakness. The income statement (28) shows a swing to a ¥3.1M net loss in FY2025 from ¥251M profit, a second consecutive year of revenue decline (-10.2% to ¥3.4B), gross margin compression from 29.8% to 21.7%, and operating margin collapse from 11.1% to 0.8%. Cash flow (25) is the weakest link, with operating cash flow at -¥526M and free cash flow at -¥549M versus positive figures a year earlier. The balance sheet (45) is not yet distressed—equity is stable at ¥2.69B and assets grew to ¥5.55B—but total debt more than doubled to ¥2.24B, lifting debt-to-equity to 0.84x while the company burns cash, reducing financial flexibility.
Income Statement
28NegativeBalance Sheet
45NeutralCash Flow
25Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.42B | 3.43B | 4.23B | 4.60B | 2.66B | 2.81B |
| Gross Profit | 741.20M | 742.78M | 1.26B | 940.00M | 609.15M | 622.47M |
| EBITDA | 201.03M | 105.70M | 507.26M | 160.00M | 191.81M | 352.49M |
| Net Income | 93.38M | -3.11M | 251.05M | 178.00M | 65.68M | 182.66M |
Balance Sheet | ||||||
| Total Assets | 5.05B | 5.55B | 4.53B | 4.09B | 4.40B | 3.78B |
| Cash, Cash Equivalents and Short-Term Investments | 808.79M | 1.01B | 1.61B | 1.17B | 1.64B | 703.11M |
| Total Debt | 1.96B | 2.24B | 1.04B | 1.21B | 1.54B | 1.59B |
| Total Liabilities | 2.40B | 2.86B | 1.75B | 2.02B | 2.46B | 1.86B |
| Stockholders Equity | 2.65B | 2.69B | 2.77B | 2.06B | 1.93B | 1.92B |
Cash Flow | ||||||
| Free Cash Flow | 0 | -548.53M | 165.66M | -229.00M | 685.54M | 840.65M |
| Operating Cash Flow | 0 | -525.79M | 176.66M | -221.00M | 685.81M | 845.69M |
| Investing Cash Flow | 0 | -408.03M | -17.39M | 125.00M | 362.44M | -29.91M |
| Financing Cash Flow | 0 | 291.34M | 279.08M | -377.33M | -107.33M | -943.35M |
Grandes, Inc. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3261, the sentiment is Neutral. The current price of 433.00 is below the 20-day moving average (MA) of 438.80, above the 50-day MA of 428.84, and below the 200-day MA of 448.02, indicating a neutral trend. The MACD of -0.29 indicates Positive momentum. The RSI at 49.24 is Neutral, neither overbought nor oversold. The STOCH value of 55.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3261.
Grandes, Inc. Peers Comparison
Overall Rating
JP:899672Outperform
JP:894469Neutral
JP:891268Neutral
JP:894658Neutral- JP:326144Neutral
JP:323844Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:8996 | 72Outperform | JPY 4.48B | 4.64 | ― | 4.95% | 18.08% | 89.27% |
| JP:8944 | 69Neutral | JPY 5.02B | 2.79 | ― | 2.37% | 65.37% | ― |
| JP:8912 | 68Neutral | JPY 2.32B | 19.19 | ― | 2.56% | 1.82% | 15.56% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| JP:8946 | 58Neutral | JPY 1.84B | -21.50 | ― | ― | 34.38% | -322.45% |
| JP:3261 | 44Neutral | JPY 1.74B | 19.01 | ― | 3.46% | -10.39% | -31.92% |
| JP:3238 | 44Neutral | JPY 3.55B | 5.24 | ― | 1.36% | 30.03% | 34.91% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:3261 | Grandes, Inc. | 433.00 | -678.24 | -61.03% | |
| JP:3238 | Central General Development Co., Ltd. | 367.00 | -42.49 | -10.38% | |
| JP:8912 | Area Quest Inc. | 156.00 | -0.38 | -0.25% | |
| JP:8944 | Land Business Co., Ltd. | 253.00 | 26.50 | 11.70% | |
| JP:8946 | Asian Star Co. | 69.00 | -33.00 | -32.35% | |
| JP:8996 | HouseFreedom Co., Ltd. | 1110.00 | 203.07 | 22.39% |
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 06, 2026