Want to see JP:3698 full AI Analyst Report?
CRI Middleware Co., Ltd. (3698) AI Stock Analysis
CRI Middleware Co., Ltd.
(TSE/TYO:3698)
The company's financial health is the primary driver, with stellar cash flow and a robust balance sheet. This is complemented by a steady technical uptrend and a fair valuation. The main risk is the recent revenue decline, which prevents a higher score.
CRI Middleware Co., Ltd. (3698) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 6.41B
- Dividend Yield
- 2.20%
- Average Volume (3M)
- 6,208
- Price to Earnings (P/E)
- 16.6
- Beta (1Y)
- 0.68
- Revenue Growth
- 0.55%
- EPS Growth
- -16.78%
- Country
- Japan
- Employees
- 173
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Electronic Gaming & Multimedia
CRI Middleware Co., Ltd. Business Overview & Revenue Model
Company Description
CRI Middleware Co., Ltd., established in Tokyo, Japan in 1983, specializes in delivering advanced audio and video technology solutions to the gaming sector. The company's key offerings include ADX, an audio middleware designed to empower sound design...
How the Company Makes Money
CRI Middleware primarily makes money by licensing its proprietary middleware to customers (notably game developers/publishers and other companies that need embedded audio/video playback and related functionality). Key revenue streams typically includ...
CRI Middleware Co., Ltd. Financial Statement Overview
Summary
Strong profitability recovery and exceptional cash flow generation, supported by a conservative balance sheet. Margin expansion is notable, though a recent 2.6% revenue decline introduces some uncertainty.
Income Statement
70PositiveBalance Sheet
85Very PositiveCash Flow
90Very Positive| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.56B | 3.45B | 3.17B | 2.99B | 2.84B | 2.89B |
| Gross Profit | 2.21B | 2.07B | 1.72B | 1.73B | 1.35B | 1.46B |
| EBITDA | 581.50M | 683.21M | 522.10M | 477.65M | 235.87M | 413.06M |
| Net Income | 386.61M | 420.71M | 304.47M | 232.58M | -339.60M | 199.70M |
Balance Sheet | ||||||
| Total Assets | 4.81B | 5.84B | 5.36B | 5.16B | 5.02B | 5.53B |
| Cash, Cash Equivalents and Short-Term Investments | 3.13B | 4.24B | 3.63B | 3.49B | 3.32B | 3.89B |
| Total Debt | 0 | 1.00B | 1.00B | 1.00B | 1.00B | 1.00B |
| Total Liabilities | 600.38M | 1.74B | 1.59B | 1.61B | 1.48B | 1.57B |
| Stockholders Equity | 4.18B | 4.06B | 3.74B | 3.52B | 3.51B | 3.94B |
Cash Flow | ||||||
| Free Cash Flow | 831.41M | 831.41M | 292.67M | 483.39M | -64.67M | 500.31M |
| Operating Cash Flow | 849.68M | 849.68M | 328.33M | 495.42M | 23.32M | 546.15M |
| Investing Cash Flow | -135.08M | -135.08M | -9.12M | -209.43M | -527.02M | -39.88M |
| Financing Cash Flow | -104.50M | -104.50M | -77.87M | -215.38M | -97.01M | 32.07M |
CRI Middleware Co., Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3698, the sentiment is Positive. The current price of 1211.00 is below the 20-day moving average (MA) of 1222.35, above the 50-day MA of 1204.86, and above the 200-day MA of 1086.81, indicating a bullish trend. The MACD of 5.37 indicates Positive momentum. The RSI at 53.95 is Neutral, neither overbought nor oversold. The STOCH value of 64.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3698.
CRI Middleware Co., Ltd. Peers Comparison
Overall Rating
JP:369875Outperform
JP:472867Neutral
JP:379366Neutral
JP:390459Neutral
JP:390751Neutral
JP:524039Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 75Outperform | JPY 6.70B | 16.59 | ― | 2.20% | 0.55% | -16.78% | |
| 67Neutral | JPY 4.74B | 6.60 | ― | 4.00% | -4.82% | 186.71% | |
| 66Neutral | JPY 13.16B | 4.24 | ― | ― | 4.52% | ― | |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| 59Neutral | JPY 6.41B | 11.60 | ― | 0.98% | 20.33% | 15.26% | |
| 51Neutral | JPY 3.35B | -13.88 | ― | 0.82% | -6.31% | -176.88% | |
| 39Underperform | JPY 1.76B | -3.21 | ― | ― | -53.59% | -71.56% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:3698 | CRI Middleware Co., Ltd. | 1211.00 | -76.96 | -5.98% | |
| JP:3793 | Drecom Co., Ltd. | 444.00 | -14.00 | -3.06% | |
| JP:3904 | KAYAC, Inc. | 399.00 | -27.73 | -6.50% | |
| JP:3907 | Silicon Studio Corp. | 1193.00 | 315.96 | 36.03% | |
| JP:4728 | Tose Co., Ltd. | 625.00 | 12.11 | 1.98% | |
| JP:5240 | monoAI technology Co.,Ltd. | 162.00 | -46.00 | -22.12% |
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: Oct 03, 2026