Akatsuki, Inc. AI Stock Analysis
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Akatsuki, Inc. (3932) AI Stock Analysis
Akatsuki, Inc.
(TSE/TYO:3932)
The score is driven primarily by attractive valuation (low P/E and high dividend yield) and supportive technical momentum (price above major moving averages with positive MACD). Financial performance is improving with FY2026 growth and earnings rebound, but the score is tempered by volatility in profitability/cash conversion and a notable FY2026 debt step-up.
Akatsuki, Inc. (3932) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 47.29B
- Dividend Yield
- 9.21%
- Average Volume (3M)
- 321.25K
- Price to Earnings (P/E)
- 7.4
- Beta (1Y)
- 0.31
- Revenue Growth
- 31.30%
- EPS Growth
- 923.93%
- Country
- Japan
- Employees
- 537
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Electronic Gaming & Multimedia
Akatsuki, Inc. Business Overview & Revenue Model
Company Description
Established in 2010 and based in Tokyo, Japan, Akatsuki Inc. primarily engages in the creation of mobile games and the provision of various live experiences across the country. Beyond its game development efforts, the company manages an extensive arr...
How the Company Makes Money
Akatsuki’s primary monetization comes from the operation and publishing of mobile games, where revenue is typically generated through in-game purchases (e.g., virtual items, gacha/loot-box style draws, character acquisition, stamina/boost items) and,...
Akatsuki, Inc. Financial Statement Overview
Summary
Fundamentals improved in FY2026 with revenue returning to growth (+18.4% YoY) and net income rebounding sharply (¥5.65B vs ¥1.65B). However, profitability and cash conversion have been volatile (including negative cash flow in FY2024), and FY2026 operating cash flow (¥2.73B) trails net income, while debt increased notably in FY2026—supportive but not fully durable yet.
Income Statement
66PositiveBalance Sheet
72PositiveCash Flow
58Neutral| Breakdown | TTM | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.08B | 23.65B | 25.86B | 23.97B | 24.34B | 26.27B |
| Gross Profit | 10.89B | 13.70B | 14.03B | 13.49B | 14.35B | 15.50B |
| EBITDA | 2.79B | 4.04B | 7.86B | 2.85B | 5.85B | 7.61B |
| Net Income | 2.09B | 1.65B | 5.65B | 1.29B | 1.34B | 5.19B |
Balance Sheet | ||||||
| Total Assets | 59.40B | 54.63B | 62.33B | 52.04B | 53.16B | 46.08B |
| Cash, Cash Equivalents and Short-Term Investments | 31.77B | 33.28B | 30.55B | 30.96B | 34.07B | 25.72B |
| Total Debt | 9.46B | 6.10B | 11.65B | 7.10B | 10.20B | 4.21B |
| Total Liabilities | 16.40B | 13.18B | 16.95B | 11.83B | 14.40B | 7.84B |
| Stockholders Equity | 42.98B | 41.44B | 45.36B | 40.19B | 38.75B | 38.24B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 3.80B | 2.63B | -246.00M | 5.00B | 4.42B |
| Operating Cash Flow | 0 | 3.87B | 2.73B | -84.00M | 5.05B | 4.79B |
| Investing Cash Flow | 0 | -1.47B | -3.32B | -73.00M | 1.21B | -3.01B |
| Financing Cash Flow | 0 | -2.14B | 3.18B | -3.24B | 4.92B | -4.19B |
Akatsuki, Inc. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3932, the sentiment is Positive. The current price of 1303.00 is above the 20-day moving average (MA) of 1282.25, above the 50-day MA of 1258.75, and above the 200-day MA of 1036.23, indicating a bullish trend. The MACD of 11.07 indicates Negative momentum. The RSI at 53.37 is Neutral, neither overbought nor oversold. The STOCH value of 76.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3932.
Akatsuki, Inc. Peers Comparison
Overall Rating
- JP:393276Outperform
JP:363265Neutral
JP:780361Neutral
JP:376548Neutral
JP:390343Neutral
JP:365641Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:3932 | 76Outperform | JPY 54.71B | 7.39 | ― | 9.21% | 31.30% | 923.93% |
| JP:3632 | 65Neutral | JPY 87.22B | 21.84 | 4.38% | 4.65% | -11.41% | -23.06% |
| JP:7803 | 61Neutral | JPY 72.01B | 15.37 | ― | 0.49% | 2.93% | 34.17% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| JP:3765 | 48Neutral | JPY 129.07B | 53.29 | 2.01% | 3.69% | -6.09% | -56.51% |
| JP:3903 | 43Neutral | JPY 8.09B | -4.64 | ― | ― | 26.98% | -143.29% |
| JP:3656 | 41Neutral | JPY 11.97B | 14.26 | ― | ― | 10.54% | ― |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:3932 | Akatsuki, Inc. | 1303.00 | 425.34 | 48.46% | |
| JP:3632 | GREE | 473.00 | 85.49 | 22.06% | |
| JP:3765 | Gungho Online Entertainment | 2436.00 | 13.47 | 0.56% | |
| JP:3656 | KLab Inc. | 147.00 | -93.00 | -38.75% | |
| JP:3903 | gumi, Inc. | 148.00 | -282.00 | -65.58% | |
| JP:7803 | Bushiroad, Inc. | 512.00 | 218.84 | 74.65% |
Akatsuki, Inc. Corporate Events
Akatsuki to Rebrand as SUNNYS Holdings After SUNNY SIDE UP Integration
Akatsuki Inc. is integrating its digital technology and IP business expertise with SUNNY SIDE UP GROUP Inc.’s marketing and value-enhancement capabilities to build a comprehensive IP trading house spanning digital, analog, real-world and AI domains....
Akatsuki Sets October Extraordinary Shareholders Meeting to Revise Governance
Akatsuki Inc. has set October 30, 2026, as the date for an extraordinary general meeting of shareholders to be held at its event space in Shinagawa, Tokyo. The meeting follows a previously announced record date of September 14, 2026, and formalizes t...
Akatsuki Sets Record Date for Extraordinary Shareholders Meeting in October
Akatsuki Inc. has resolved at a Board of Directors meeting to convene an extraordinary general meeting of shareholders, signaling an upcoming governance or strategic decision that requires shareholder approval. The company has set September 14, 2026,...
Akatsuki Plans Three-for-One Stock Split to Boost Liquidity
Akatsuki Inc. has approved a three-for-one stock split of its common shares, effective October 1, 2026, aiming to improve share liquidity and make its stock more accessible to a wider range of investors. The number of issued shares will rise from 14,...
Akatsuki Returns to Profit, Lifts Q1 Sales but Withholds Full-Year Guidance
Akatsuki Inc. reported a sharp rebound in performance for the first quarter of the fiscal year ending March 31, 2027, with net sales more than doubling year on year to ¥5.13 billion and a swing from loss to profit, posting ¥787 million in profit attr...
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 30, 2026