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CyberStep, Inc.
(3810)
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Rating:50Neutral
Price Target:
¥185.00
▼(-32.73% Downside)
Action:Reiterated
Date:08/22/26
The score is held down primarily by weak financial performance, especially persistent losses and sustained cash burn (negative operating and free cash flow, worsening into 2026). Offsetting this, technical indicators show strong recent price momentum with the stock trading above key shorter-term moving averages and a positive MACD, though still below the 200-day average. Valuation remains challenged due to negative earnings (negative P/E) and no indicated dividend yield.
Positive Factors
Recurring online-service monetization
An online-service model can support repeat monetization when users remain engaged and continue purchasing digital content. Ongoing operation also gives CyberStep opportunities to update titles, improve retention, and build revenue from an installed player base over the coming quarters.
Negative Factors
Persistent operating losses
Persistent operating losses show that positive gross profit has not translated into a sustainable earnings model. The much larger 2026 net loss increases pressure on management to improve cost discipline, game economics, and monetization before losses further erode financial resources.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring online-service monetization
An online-service model can support repeat monetization when users remain engaged and continue purchasing digital content. Ongoing operation also gives CyberStep opportunities to update titles, improve retention, and build revenue from an installed player base over the coming quarters.
Read all positive factors
CyberStep, Inc. (3810) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥14.66B
Dividend Yield0.71%
Average Volume (3M)1.55M
Price to Earnings (P/E)―
Beta (1Y)0.72
Revenue Growth-14.46%
EPS Growth52.03%
CountryJP
Employees224
SectorGeneral
Sector StrengthN/A
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)-81.11
Shares Outstanding81,913,080
10 Day Avg. Volume376,240
30 Day Avg. Volume1,546,756
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)1.69
Price to Sales (P/S)4.19
P/FCF Ratio-2.84
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)N/A
Revenue Forecast (FY)N/A
CyberStep, Inc. Business Overview & Revenue Model
Company Description
CyberStep Holdings, Inc. engages in the development and publication of interactive entertainment that includes online games, content and related products. It operates through Online Game Business and Entertainment Business segments. The Online Gam...
How the Company Makes Money
CyberStep, Inc. generates revenue primarily from the operation of online games. Its core monetization model is based on users spending within its games (e.g., purchasing digital items, upgrades, or other in-game content via microtransactions) and ...
CyberStep, Inc. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
52
Neutral
Cash Flow
12
Very Negative
| Breakdown | May 2025 | May 2024 | May 2023 | May 2022 | May 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.14B | 2.50B | 2.99B | 4.06B | 7.42B |
| Gross Profit | 1.08B | 1.27B | 1.66B | 2.58B | 5.43B |
| EBITDA | -1.68B | -2.14B | -1.52B | -1.30B | -1.95B |
| Net Income | -3.42B | -1.70B | -1.46B | -1.38B | -2.10B |
Balance Sheet | |||||
| Total Assets | 5.99B | 1.08B | 2.04B | 3.34B | 2.83B |
| Cash, Cash Equivalents and Short-Term Investments | 3.63B | 212.00M | 903.00M | 2.28B | 1.67B |
| Total Debt | 138.00M | 120.00M | 219.00M | 436.00M | 230.00M |
| Total Liabilities | 694.00M | 530.00M | 891.00M | 1.02B | 806.49M |
| Stockholders Equity | 5.29B | 546.00M | 1.15B | 2.19B | 2.03B |
Cash Flow | |||||
| Free Cash Flow | -3.16B | -2.05B | -1.45B | -1.22B | -1.24B |
| Operating Cash Flow | -3.13B | -2.05B | -1.44B | -1.19B | -1.23B |
| Investing Cash Flow | -1.62B | 1.22B | -60.00M | -223.00M | -56.00M |
| Financing Cash Flow | 8.15B | 697.00M | 82.00M | 1.79B | 682.58M |
CyberStep, Inc. Technical Analysis
Negative
275.00
Price Trends
183.90
Positive
205.82
Negative
239.69
Negative
Market Momentum
-1.57
Negative
49.35
Neutral
51.79
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3810, the sentiment is Negative. The current price of 275 is above the 20-day moving average (MA) of 179.75, above the 50-day MA of 183.90, and above the 200-day MA of 239.69, indicating a neutral trend. The MACD of -1.57 indicates Negative momentum. The RSI at 49.35 is Neutral, neither overbought nor oversold. The STOCH value of 51.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3810.
CyberStep, Inc. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ¥15.92B | 6.78 | ― | 0.90% | 16.24% | ― | |
61 Neutral | ¥7.99B | 12.52 | ― | 0.51% | -23.76% | -54.87% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | ¥14.66B | -2.24 | ― | 0.71% | -14.46% | 52.03% | |
50 Neutral | ¥16.01B | -19.43 | ― | ― | -1.75% | -617.20% | |
49 Neutral | ¥10.89B | -6.59 | ― | 0.71% | 26.98% | -143.29% | |
42 Neutral | ¥15.13B | 18.17 | ― | 0.49% | 10.54% | ― |
* General Sector Average
JP:3810
CyberStep, Inc.
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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.