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BENEFIT JAPAN Co.,LTD. (JP:3934)
:3934
Japanese Market
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BENEFIT JAPAN Co.,LTD. (3934) AI Stock Analysis

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JP:3934

BENEFIT JAPAN Co.,LTD.

(3934)

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Neutral 68 (OpenAI - 5.2)
Rating:68Neutral
Price Target:
¥2,556.00
▲(34.31% Upside)
Action:Downgraded
Date:08/11/26
The score is held back primarily by FY2026 negative operating and free cash flow, despite strong revenue growth and a low-leverage balance sheet. Technicals are constructive with the stock trading above major moving averages, and valuation is supportive given the moderate P/E and ~3.62% dividend yield.
Positive Factors
Revenue Growth Momentum
Sustained top-line re-acceleration (+35.3% YoY in FY2026) signals durable demand and improved commercial traction in its telecom services. Strong revenue momentum supports scale benefits, capacity to invest in product/platform improvements, and a base for longer-term margin recovery.
Negative Factors
Weak Cash Generation
A material reversal to negative operating (-332M) and free cash flow (-396M) in FY2026 is a durable concern: it impairs the company’s ability to fund capex, service growth, maintain dividends, or absorb shocks without raising external financing, increasing structural funding risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Momentum
Sustained top-line re-acceleration (+35.3% YoY in FY2026) signals durable demand and improved commercial traction in its telecom services. Strong revenue momentum supports scale benefits, capacity to invest in product/platform improvements, and a base for longer-term margin recovery.
Read all positive factors

BENEFIT JAPAN Co.,LTD. (3934) vs. iShares MSCI Japan ETF (EWJ)

BENEFIT JAPAN Co.,LTD. Business Overview & Revenue Model

Company Description
BENEFIT JAPAN Co., Ltd. operates within Japan's telecommunications industry, offering a range of services such as virtual mobile network operation (MVNO), fiber optic internet options with accompanying content, mobile internet solutions, and exten...
How the Company Makes Money
BENEFIT JAPAN generates revenue primarily by providing telecommunications-related services to customers, which typically results in recurring fees tied to usage plans, subscriptions, or service contracts. Revenue is generally driven by (1) ongoing...

BENEFIT JAPAN Co.,LTD. Financial Statement Overview

Summary
Strong FY2026 revenue re-acceleration (+35.3% YoY) and a conservative balance sheet (debt-to-equity ~0.24) support the score. However, profitability has compressed versus prior peaks (net margin ~5.4% vs ~9% historically) and FY2026 cash generation is a major concern with negative operating cash flow (-332M) and negative free cash flow (-396M).
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
46
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue20.46B18.39B12.75B13.07B12.56B11.57B
Gross Profit11.73B10.47B7.35B7.36B6.84B6.45B
EBITDA1.86B1.67B1.40B1.26B1.06B1.63B
Net Income1.11B995.21M830.89M734.90M560.63M1.05B
Balance Sheet
Total Assets14.17B14.33B11.87B11.20B10.18B10.06B
Cash, Cash Equivalents and Short-Term Investments2.14B3.49B4.23B3.13B2.62B2.82B
Total Debt2.18B2.06B1.98B1.76B2.05B2.15B
Total Liabilities5.54B5.59B3.93B3.96B3.51B3.91B
Stockholders Equity8.62B8.74B7.94B7.25B6.67B6.16B
Cash Flow
Free Cash Flow0.00-395.63M1.18B934.18M84.17M1.36B
Operating Cash Flow0.00-332.44M1.21B964.32M315.56M1.41B
Investing Cash Flow0.00-275.95M-102.41M10.99M-361.40M-94.15M
Financing Cash Flow0.00-128.72M-9.58M-465.46M-156.67M93.74M

BENEFIT JAPAN Co.,LTD. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1903.00
Price Trends
50DMA
2242.30
Positive
100DMA
2167.20
Positive
200DMA
1994.59
Positive
Market Momentum
MACD
21.88
Positive
RSI
54.76
Neutral
STOCH
47.66
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3934, the sentiment is Positive. The current price of 1903 is below the 20-day moving average (MA) of 2274.30, below the 50-day MA of 2242.30, and below the 200-day MA of 1994.59, indicating a bullish trend. The MACD of 21.88 indicates Positive momentum. The RSI at 54.76 is Neutral, neither overbought nor oversold. The STOCH value of 47.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3934.

BENEFIT JAPAN Co.,LTD. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
¥17.48B14.293.53%2.67%-25.50%
68
Neutral
¥13.91B12.112.10%50.52%18.65%
66
Neutral
¥15.52B30.181.01%14.33%112.44%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
60
Neutral
¥3.20B10.8818.07%69.43%
58
Neutral
¥19.79B28.9221.77%-25.14%
48
Neutral
¥2.69B-22.499.25%-475.38%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:3934
BENEFIT JAPAN Co.,LTD.
2,299.00
370.81
19.23%
JP:3776
Broadband Tower, Inc.
252.00
86.40
52.18%
JP:3834
ASAHI Net, Inc.
625.00
-53.83
-7.93%
JP:9419
WirelessGate, Inc.
294.00
20.00
7.30%
JP:9421
NJ Holdings, Inc.
508.00
-89.00
-14.91%
JP:9424
Japan Communications Inc.
118.00
-38.00
-24.36%
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.Date of analysis: Aug 11, 2026