Want to see JP:3678 full AI Analyst Report?
Top Page
MEDIA DO Co., Ltd.
(3678)
Select Model
Select Model
Rating:62Neutral
Price Target:
¥1,301.00
▼(-29.37% Downside)
Action:Downgraded
Date:04/15/26
Overall score is driven by improving financial strength (solid cash generation and reduced leverage), partially offset by very weak technical momentum (below key moving averages with negative MACD). Valuation is neutral-to-slightly supportive due to the dividend yield but tempered by a P/E around 22.
Positive Factors
Consistent operating & free cash flow
Sustained positive operating and free cash flow across recent years provides durable internal funding for capex, product development, and debt reduction. Strong FCF in 2025–2026 improves flexibility to reinvest, support operations through cycles, and strengthen capital allocation over months to years.
Negative Factors
Thin, historically volatile profitability
Persistent low operating margins and episodic net losses create uncertainty about sustainable earnings power and return on capital. Even with recent recovery, volatile profitability raises the risk that cash generation could weaken during downturns, constraining long-term investment and shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent operating & free cash flow
Sustained positive operating and free cash flow across recent years provides durable internal funding for capex, product development, and debt reduction. Strong FCF in 2025–2026 improves flexibility to reinvest, support operations through cycles, and strengthen capital allocation over months to years.
Read all positive factors
MEDIA DO Co., Ltd. (3678) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥19.88B
Dividend Yield2.01%
Average Volume (3M)35.01K
Price to Earnings (P/E)10.9
Beta (1Y)0.33
Revenue Growth6.50%
EPS Growth33.18%
CountryJP
Employees583
SectorCommunication Services
Sector Strength97
IndustryPublishing
Share Statistics
EPS (TTM)119.87
Shares Outstanding15,205,174
10 Day Avg. Volume36,990
30 Day Avg. Volume35,006
Financial Highlights & Ratios
PEG Ratio0.42
Price to Book (P/B)1.31
Price to Sales (P/S)0.23
P/FCF Ratio10.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)83.63
Revenue Forecast (FY)¥118.93B
MEDIA DO Co., Ltd. Business Overview & Revenue Model
Company Description
MEDIA DO Co., Ltd. operates primarily in the digital book distribution sector, offering a comprehensive suite of services. These include summarizing flier content, assisting with digital comic coloring and production, and providing expertise in we...
How the Company Makes Money
MEDIA DO makes money mainly by providing digital content distribution and related services within the e-book ecosystem. Its revenue model is centered on (1) earning fees/margins from distributing e-books and other digital content from publishers/r...
MEDIA DO Co., Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
74
Positive
Cash Flow
78
Positive
| Breakdown | Feb 2026 | Feb 2026 | Feb 2025 | Feb 2024 | Feb 2023 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 108.54B | 101.91B | 94.04B | 101.67B | 104.72B |
| Gross Profit | 9.36B | 10.43B | 10.85B | 10.96B | 9.87B |
| EBITDA | 3.67B | 3.23B | 1.80B | 3.04B | 3.51B |
| Net Income | 1.82B | 1.36B | -319.00M | 1.06B | 1.58B |
Balance Sheet | |||||
| Total Assets | 56.93B | 53.16B | 51.61B | 50.88B | 52.51B |
| Cash, Cash Equivalents and Short-Term Investments | 14.01B | 13.59B | 11.00B | 10.13B | 11.40B |
| Total Debt | 2.70B | 3.90B | 5.38B | 6.62B | 5.57B |
| Total Liabilities | 37.70B | 35.45B | 35.40B | 34.10B | 35.59B |
| Stockholders Equity | 19.06B | 17.60B | 16.18B | 16.70B | 16.82B |
Cash Flow | |||||
| Free Cash Flow | 2.42B | 3.85B | 2.37B | 564.00M | 3.79B |
| Operating Cash Flow | 2.45B | 3.93B | 3.17B | 1.92B | 4.63B |
| Investing Cash Flow | -364.00M | 137.00M | -688.00M | -3.07B | -7.83B |
| Financing Cash Flow | -1.66B | -1.53B | -1.65B | -276.00M | 2.09B |
MEDIA DO Co., Ltd. Technical Analysis
Neutral
1842.00
Price Trends
1282.06
Positive
1447.47
Negative
1606.49
Negative
Market Momentum
-4.25
Positive
43.59
Neutral
30.37
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3678, the sentiment is Neutral. The current price of 1842 is above the 20-day moving average (MA) of 1299.75, above the 50-day MA of 1282.06, and above the 200-day MA of 1606.49, indicating a neutral trend. The MACD of -4.25 indicates Positive momentum. The RSI at 43.59 is Neutral, neither overbought nor oversold. The STOCH value of 30.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3678.
MEDIA DO Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥3.49B | 8.09 | ― | 2.95% | 9.54% | 5.99% | |
71 Outperform | ¥12.54B | 9.96 | ― | 3.16% | -1.07% | -25.73% | |
62 Neutral | ¥19.88B | 10.91 | ― | 2.01% | 6.50% | 33.18% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
60 Neutral | ¥8.76B | 7.21 | ― | 1.06% | 7.53% | 125.42% | |
57 Neutral | ¥8.18B | -2,065.22 | ― | 1.02% | -6.52% | 97.34% | |
44 Neutral | ¥472.59B | 396.00 | ― | 0.98% | 1.80% | -84.08% |
* Communication Services Sector Average
JP:3678
MEDIA DO Co., Ltd.
1,308.00
-358.06
-21.49%
JP:2481
Townnews-Sha Co., Ltd.
632.00
-59.52
-8.61%
JP:3641
PAPYLESS CO., LTD.
950.00
68.33
7.75%
JP:7849
Starts Publishing Corporation
3,265.00
-828.72
-20.24%
JP:9468
Kadokawa Corporation
3,461.00
-514.57
-12.94%
JP:9475
Shobunsha Holdings, Inc.
482.00
73.00
17.85%
MEDIA DO Co., Ltd. Corporate Events
MEDIA DO Lifts Dividend and Commits to Stable Payout Amid Investment-Led Profit Dip
Apr 23, 2026
MEDIA DO Co., Ltd. has approved a year-end dividend of ¥40 per share for the fiscal year ended February 28, 2026, up from ¥36 the previous year, bringing total dividends to ¥607 million and resulting in a total payout ratio of 33.4%...
MEDIA DO Outlines FY2026 Results and Sets Earnings Forecast for FY2027
Apr 15, 2026
MEDIA DO Co., Ltd. released a brief outline of its financial results for the fourth quarter and full year ending February 2026, highlighting consolidated earnings and performance in its core eBook distribution business. The company also reported o...
MEDIA DO Refreshes Board and Audit Lineup While Maintaining Core Leadership
Apr 13, 2026
MEDIA DO Co., Ltd. has announced a refreshed management and governance lineup ahead of its May 27, 2026 annual general meeting, with all seven directors and one auditor reaching the end of their terms. The company plans to reappoint President and ...
MEDIA DO lifts full-year profit and sales but guides for margin pressure ahead
Apr 13, 2026
MEDIA DO Co., Ltd. reported consolidated net sales of ¥108.5 billion for the fiscal year ended February 28, 2026, up 6.5% year on year, while operating profit slipped 0.9% to ¥2.45 billion and ordinary profit rose 8.0% to ¥2.55 bill...
MEDIA DO Says Hikari Tsushin Loses Affiliated Company Status After Stake Falls Below 20%
Apr 3, 2026
MEDIA DO Co., Ltd. disclosed that Hikari Tsushin, Inc. qualified as a controlling shareholder as of February 28, 2026, through indirect holdings amounting to 20.42% of its voting rights via several subsidiaries. The company emphasized that there a...
Media Do Finalizes Seven Seas Entertainment Buyout and Corrects Deal Funding Structure
Mar 11, 2026
MEDIA DO Co., Ltd., a leading Japanese digital content distributor specializing in e-books and overseas expansion of manga and light novels, is deepening its North American footprint through its U.S. subsidiary Media Do International, Inc. The com...
Media Do Taps ¥12.8 Billion Loan to Fund Seven Seas Entertainment Acquisition
Mar 3, 2026
MEDIA DO Co., Ltd. has resolved to secure up to ¥12.8 billion in financing from Mizuho Bank via an unsecured, six‑month loan with a floating interest rate, to be drawn down on March 6, 2026, and repaid in a lump sum at maturity. The fun...
MEDIA DO to Acquire Seven Seas Entertainment and Expand Global Reach of Japanese Books
Mar 1, 2026
MEDIA DO Co., Ltd. is deepening its role in the global publishing ecosystem by combining its domestic eBook distribution network with new international capabilities, as it seeks to bring a wider range of Japanese manga and text-based literature to...
MEDIA DO to Acquire U.S. Manga Publisher Seven Seas Entertainment and Expand Global Content Gateway
Mar 1, 2026
MEDIA DO Co., Ltd. will acquire 100% of the membership interests in U.S.-based Seven Seas Entertainment, LLC through its consolidated subsidiary Media Do International, Inc., converting the North American manga publisher into a consolidated subsid...
MEDIA DO Enhances Investor Disclosure With Regular Q&A on Q3 and 9-Month Results
Feb 27, 2026
MEDIA DO Co., Ltd. has released a set of Frequently Asked Questions and answers addressing key investor inquiries about its financial results for the third quarter and first nine months of the fiscal year ending February 2026. The company position...
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.