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Globalway, Inc.
(3936)
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Rating:66Neutral
Price Target:
¥148.00
▲(23.33% Upside)
Action:Reiterated
Date:08/19/26
The score is primarily driven by improving financial performance—2026 shows a strong turnaround to profitability and positive free cash flow with low balance-sheet leverage—but is tempered by recent multi-year volatility (losses and cash burn in 2023–2025). Technically, the stock is modestly above key moving averages with neutral momentum, while valuation (P/E 24.183) does not appear especially discounted and there is no dividend yield data to support the valuation case.
Positive Factors
2026 profitability turnaround
The return to operating and net profitability shows that Globalway can currently convert higher revenue into earnings after several loss-making years. If sustained, this recovery can strengthen internal funding, support reinvestment, and improve the company’s financial resilience over the next several quarters.
Negative Factors
Unproven earnings durability
The latest profit improvement is meaningful, but the recent record does not yet establish a stable earnings pattern. Losses as recently as 2025 create uncertainty about whether the current operating performance can persist through a full business cycle and support dependable medium-term earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
2026 profitability turnaround
The return to operating and net profitability shows that Globalway can currently convert higher revenue into earnings after several loss-making years. If sustained, this recovery can strengthen internal funding, support reinvestment, and improve the company’s financial resilience over the next several quarters.
Read all positive factors
Globalway, Inc. (3936) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥5.15B
Dividend YieldN/A
Average Volume (3M)643.85K
Price to Earnings (P/E)17.9
Beta (1Y)0.45
Revenue Growth25.65%
EPS GrowthN/A
CountryJP
Employees153
SectorGeneral
Sector StrengthN/A
IndustrySoftware - Application
Share Statistics
EPS (TTM)5.29
Shares Outstanding37,566,450
10 Day Avg. Volume500,420
30 Day Avg. Volume643,853
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)4.91
Price to Sales (P/S)1.14
P/FCF Ratio15.78
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
Globalway, Inc. Business Overview & Revenue Model
Company Description
Globalway, Inc., established in Tokyo in 2004, is a diversified Japanese company engaged in IT solutions, digital media, recruitment services, and innovative sharing economy platforms. The IT division delivers comprehensive consulting and platform...
Globalway, Inc. Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
78
Positive
Cash Flow
67
Positive
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.01B | 3.07B | 2.46B | 1.75B | 1.82B |
| Gross Profit | 2.39B | 1.57B | 1.24B | 782.15M | 1.09B |
| EBITDA | 307.34M | -261.14M | -371.06M | -449.28M | 141.70M |
| Net Income | 192.87M | -320.05M | -199.14M | -218.94M | 419.21M |
Balance Sheet | |||||
| Total Assets | 2.17B | 1.77B | 1.95B | 1.71B | 1.75B |
| Cash, Cash Equivalents and Short-Term Investments | 744.71M | 664.00M | 917.49M | 946.95M | 1.31B |
| Total Debt | 120.00M | 241.64M | 51.10M | 63.31M | 89.99M |
| Total Liabilities | 677.08M | 596.62M | 467.10M | 378.65M | 484.60M |
| Stockholders Equity | 929.76M | 716.89M | 1.04B | 1.12B | 1.15B |
Cash Flow | |||||
| Free Cash Flow | 289.15M | -542.98M | -520.88M | -688.49M | 274.52M |
| Operating Cash Flow | 301.39M | -542.78M | -505.91M | -635.78M | 280.70M |
| Investing Cash Flow | -123.59M | 23.80M | 553.08M | 292.10M | 351.72M |
| Financing Cash Flow | -95.24M | 191.43M | -11.32M | -26.64M | 457.15M |
Globalway, Inc. Technical Analysis
Negative
120.00
Price Trends
155.92
Negative
163.00
Negative
149.97
Negative
Market Momentum
-4.85
Positive
34.62
Neutral
11.37
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3936, the sentiment is Negative. The current price of 120 is below the 20-day moving average (MA) of 155.90, below the 50-day MA of 155.92, and below the 200-day MA of 149.97, indicating a bearish trend. The MACD of -4.85 indicates Positive momentum. The RSI at 34.62 is Neutral, neither overbought nor oversold. The STOCH value of 11.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3936.
Globalway, Inc. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ¥7.15B | 26.46 | ― | 0.74% | 37.13% | -7.58% | |
68 Neutral | ¥6.81B | 15.20 | ― | ― | 23.42% | 457.78% | |
67 Neutral | ¥7.60B | 45.80 | ― | ― | 7.04% | -67.36% | |
66 Neutral | ¥5.15B | 17.91 | ― | ― | 25.65% | ― | |
63 Neutral | ¥15.14B | 20.74 | ― | ― | 14.06% | ― | |
58 Neutral | ¥4.84B | 49.58 | ― | 0.67% | 20.67% | -37.51% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
JP:3936
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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.