Pole To Win Holdings.Inc. (3657) AI Stock Analysis

• Market Cap: ¥11.67B
• Dividend Yield: 4.85%
• Average Volume (3M): 103.92K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.00
• Revenue Growth: 7.53%
• EPS Growth: 49.93%
• Country: JP
• Employees: 3,347
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 6.13
• Shares Outstanding: 38,156,000
• 10 Day Avg. Volume: 84,110
• 30 Day Avg. Volume: 103,923
• PEG Ratio: 0.33
• Price to Book (P/B): 1.19
• Price to Sales (P/S): 0.28
• P/FCF Ratio: 87.15
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: ¥365.00 ▲(10.61% Upside)

Pole To Win Holdings Inc. faces significant challenges with profitability and technical weakness, which weigh heavily on the overall score. The robust balance sheet and high dividend yield provide some support, but improvements in profitability and market momentum are needed for a more favorable outlook.

Pole To Win Holdings.Inc. Business Overview & Revenue Model

Company Description

Pole To Win Holdings, Inc., together with its subsidiaries, engages in the testing/verification and evaluation, and Internet supporting businesses in Japan and internationally. The company operates through Testing/Verification & Evaluation Business, Internet Supporting Business, and Others segments. The Testing/Verification & Evaluation Business segment provides defect detection services in support of enhancement in product quality of software and hardware, as well as localization customer support and voice recording services for game software developers. The Internet Supporting Business segment provides monitoring fraud services, such as QR code settlement and virtual currency, as well as services related to identity verification, detection of anti-money laundering, and behavior method services. The Others segment offers services to produce subtitles audio guides for television programs and movies; and provides support services, such as visa obtainment, school enrollment, and daily life procedures for foreign personnel working in medical institutes. The company was formerly known as Poletowin Pitcrew Holdings, Inc. and changed its name to Pole To Win Holdings, Inc. in May 2022. Pole To Win Holdings, Inc. was incorporated in 2009 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Pole To Win Holdings Inc. generates revenue through its diversified outsourcing service offerings. The company primarily makes money by providing quality assurance testing, which involves identifying and resolving bugs and issues in video games and software to ensure a smooth user experience. Additionally, it earns revenue from localization services, which adapt content to fit different languages and cultures, and customer support services, which provide assistance to end-users of the products. Key revenue streams include long-term contracts with major video game developers and software companies, leveraging significant partnerships with industry leaders to maintain a steady flow of projects. Factors contributing to its earnings include the growing demand for high-quality user experiences in the digital entertainment sector and the increasing complexity of software and video games that require comprehensive testing and support services.

Pole To Win Holdings.Inc. Financial Statement Overview

Summary

Pole To Win Holdings Inc. presents a mixed financial picture. Revenue growth is positive, but profitability concerns and inconsistent cash flow generation present challenges. The balance sheet remains relatively robust, providing a foundation for potential recovery.

Income Statement

Pole To Win Holdings Inc. has shown a mixed performance in its income statement metrics. The gross profit margin remains relatively stable, but the company has faced significant challenges with profitability, as evidenced by a negative net income in the most recent year and a declining EBIT margin. Revenue growth has been positive over the years, yet the profitability concerns weigh heavily on the overall score.

Balance Sheet

The balance sheet indicates a moderate level of stability with a reasonable equity ratio. However, the debt-to-equity ratio has increased, reflecting a rise in total debt. The company's return on equity has suffered due to negative net income, yet the overall equity position remains strong, suggesting potential for recovery.

Cash Flow

Cash flow analysis reveals some strengths and weaknesses. Operating cash flow remains positive, indicating good cash generation from operations. However, free cash flow growth has been inconsistent, showing negative growth in certain periods. The company struggles to convert net income to cash effectively, impacting the cash flow score.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	52.61B	52.23B	46.98B	39.93B	34.25B	26.73B
Gross Profit	11.96B	11.61B	10.73B	11.05B	9.72B	8.01B
EBITDA	1.07B	1.61B	26.57M	3.04B	4.14B	4.10B
Net Income	-900.00M	-692.47M	-1.97B	795.11M	2.22B	2.12B
Balance Sheet
Total Assets	25.54B	28.44B	24.44B	27.46B	22.28B	20.39B
Cash, Cash Equivalents and Short-Term Investments	6.24B	7.01B	7.84B	11.19B	9.74B	11.16B
Total Debt	7.65B	7.10B	4.99B	3.87B	299.78M	46.52M
Total Liabilities	14.15B	16.00B	11.00B	9.77B	4.64B	4.71B
Stockholders Equity	11.38B	12.44B	13.44B	17.68B	17.64B	15.67B
Cash Flow
Free Cash Flow	0.00	170.00M	-1.45B	799.85M	1.19B	1.44B
Operating Cash Flow	0.00	919.70M	838.84M	1.92B	1.84B	2.04B
Investing Cash Flow	0.00	-3.18B	-2.90B	-2.56B	-2.66B	-963.22M
Financing Cash Flow	0.00	1.25B	-1.51B	2.01B	-659.83M	-468.69M

Pole To Win Holdings.Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 330.00
• 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:3657, the sentiment is Negative. The current price of 330 is below the 20-day moving average (MA) of 334.80, below the 50-day MA of 352.88, and below the 200-day MA of 371.02, indicating a bearish trend. The MACD of -6.88 indicates Positive momentum. The RSI at 33.11 is Neutral, neither overbought nor oversold. The STOCH value of 21.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3657.

Pole To Win Holdings.Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6199	80 Outperform	¥21.73B	12.49	―	0.83%	11.50%	11.23%
3918	74 Outperform	¥12.14B	10.31	―	3.57%	-7.36%	35.89%
3676	73 Outperform	¥20.68B	24.17	―	2.30%	-0.09%	1653.62%
2335	71 Outperform	¥16.83B	13.17	―	3.51%	2.46%	-5.85%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
3657	50 Neutral	¥11.67B	-12.96	―	4.85%	7.53%	49.93%

Pole To Win Holdings.Inc. Corporate Events

Pole To Win Holdings Shifts Focus After Exiting Media Contents Business

Pole To Win Holdings, Inc. announced its withdrawal from the Media Contents business, a move aimed at addressing declining profitability. The company is reallocating resources to enhance its Domestic and Overseas Solutions segments, with a focus on the tech sector and gaming industry. Despite challenges in achieving significant revenue growth due to the absence of Media Contents contributions and completed large-scale projects, the company is implementing strategies to improve profitability, including office consolidation and leveraging generative AI. The company is also considering mergers and acquisitions to drive growth in high-potential sectors.

The most recent analyst rating on (JP:3657) stock is a Hold with a Yen365.00 price target. To see the full list of analyst forecasts on Pole To Win Holdings.Inc. stock, see the JP:3657 Stock Forecast page.

Pole To Win Holdings Completes Share Distribution to Enhance Liquidity

Pole To Win Holdings, Inc. has completed an off-floor distribution of 215,000 shares on October 29, 2025, at an offering price of ¥320 per share, as part of a strategy to enhance share liquidity and meet shareholder intentions to sell. This move is expected to improve the distribution of shares and potentially strengthen the company’s market position by increasing the liquidity of its stock on the Tokyo Stock Exchange.

The most recent analyst rating on (JP:3657) stock is a Hold with a Yen365.00 price target. To see the full list of analyst forecasts on Pole To Win Holdings.Inc. stock, see the JP:3657 Stock Forecast page.

Pole To Win Holdings Announces Off-Floor Share Distribution to Enhance Liquidity

Pole To Win Holdings, Inc. announced an off-floor distribution of 215,000 shares scheduled for October 29, 2025, at a price of ¥320 per share, aimed at improving share distribution and enhancing liquidity. This strategic move is in response to shareholder intentions to sell shares, potentially impacting the company’s market positioning by increasing share accessibility and liquidity.

The most recent analyst rating on (JP:3657) stock is a Hold with a Yen365.00 price target. To see the full list of analyst forecasts on Pole To Win Holdings.Inc. stock, see the JP:3657 Stock Forecast page.

Pole To Win Holdings Announces Off-Floor Share Distribution

Pole To Win Holdings, Inc. announced plans for an off-floor distribution of 215,000 shares on the Tokyo Stock Exchange from October 29 to October 31, 2025. This move aims to improve share distribution and enhance liquidity in response to shareholder intentions to sell. The offering price will be based on the closing price or final indicative price of the shares prior to the distribution date. The transaction may be postponed or canceled due to significant market volatility or unforeseen circumstances.

The most recent analyst rating on (JP:3657) stock is a Hold with a Yen365.00 price target. To see the full list of analyst forecasts on Pole To Win Holdings.Inc. stock, see the JP:3657 Stock Forecast page.

Director Completes Share Acquisition to Boost Corporate Value

Pole To Win Holdings, Inc. has announced that its Director, Mr. Mitsutaka Motoshige, has completed the acquisition of 50,000 shares of the company’s common stock, representing 0.13% of the total issued shares, through market purchases on the Tokyo Stock Exchange. This acquisition, executed via Mr. Motoshige’s asset management company, aims to strengthen management’s commitment, align interests with shareholders, and enhance corporate value.

The most recent analyst rating on (JP:3657) stock is a Hold with a Yen365.00 price target. To see the full list of analyst forecasts on Pole To Win Holdings.Inc. stock, see the JP:3657 Stock Forecast page.

Pole To Win Holdings Exceeds Profit Forecasts Amid Strategic Business Shift

Pole To Win Holdings, Inc. reported financial results for the second quarter of the fiscal year ending January 31, 2026, highlighting a successful withdrawal from its Media Contents business. This strategic move resulted in exceeding profit forecasts due to reduced expenses, although sales were impacted by the postponement of overseas projects. The company anticipates improved profit margins and has revised its full-year earnings forecast, reflecting a decrease in sales but maintaining profit expectations.

The most recent analyst rating on (JP:3657) stock is a Hold with a Yen386.00 price target. To see the full list of analyst forecasts on Pole To Win Holdings.Inc. stock, see the JP:3657 Stock Forecast page.

Pole To Win Director to Acquire Company Shares to Boost Value

Pole To Win Holdings, Inc. announced that its director, Mitsutaka Motoshige, plans to acquire 50,000 shares of the company, representing 0.13% of the total issued shares, through market purchases on the Tokyo Stock Exchange. This acquisition, scheduled for September 16-22, 2025, aims to strengthen management commitment, promote value sharing with shareholders, and enhance corporate value, with an estimated cost of ¥18.15 million.

The most recent analyst rating on (JP:3657) stock is a Hold with a Yen377.00 price target. To see the full list of analyst forecasts on Pole To Win Holdings.Inc. stock, see the JP:3657 Stock Forecast page.

Pole To Win Holdings Revises FY 2026 Forecasts Amid Strategic Business Shift

Pole To Win Holdings, Inc. announced the recognition of deferred tax assets for the second quarter of FY 1/2026, which led to a revision of its consolidated financial results forecast. The company has decided to withdraw from its Media Contents business, impacting its sales and operating loss forecasts. This strategic shift, along with the exclusion of several subsidiaries from consolidation, has resulted in a revised full-year earnings forecast, reflecting a decrease in net sales and operating profit but a slight increase in net income attributable to owners of the parent.

The most recent analyst rating on (JP:3657) stock is a Hold with a Yen377.00 price target. To see the full list of analyst forecasts on Pole To Win Holdings.Inc. stock, see the JP:3657 Stock Forecast page.

Pole To Win Holdings Revises Earnings Forecast Amid Business Withdrawal

Pole To Win Holdings, Inc. has revised its full-year earnings forecast due to the withdrawal from its Media Contents business, resulting in a significant decrease in projected revenue and operating profit. The company has adjusted its forecasts for both Domestic and Overseas Solutions, reflecting changes in sales and operating profit expectations. The sale of HIKE and AQUAPLUS has also impacted the financial results, with special gains recorded from these transactions.

The most recent analyst rating on (JP:3657) stock is a Hold with a Yen377.00 price target. To see the full list of analyst forecasts on Pole To Win Holdings.Inc. stock, see the JP:3657 Stock Forecast page.

Pole To Win Holdings Reports Mixed Financial Results for First Half of 2025

Pole To Win Holdings, Inc. reported its consolidated financial results for the six months ended July 31, 2025, showing a slight increase in net sales by 1.6% year-on-year but a decline in profitability with an operating loss of 206 million yen. The company has revised its full-year earnings forecast, indicating a cautious outlook amid changes in its scope of consolidation, including the exclusion of seven companies.

The most recent analyst rating on (JP:3657) stock is a Hold with a Yen377.00 price target. To see the full list of analyst forecasts on Pole To Win Holdings.Inc. stock, see the JP:3657 Stock Forecast page.