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Globalway, Inc. (3936) AI Stock Analysis
Globalway, Inc.
(TSE/TYO:3936)
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.
Globalway, Inc. (3936) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 4.64B
- Dividend Yield
- ―
- Average Volume (3M)
- 489.55K
- Price to Earnings (P/E)
- 16.6
- Beta (1Y)
- 0.44
- Revenue Growth
- 25.65%
- EPS Growth
- ―
- Country
- Japan
- Employees
- 153
- Sector
- General
- Sector Strength
- 55
- Industry
- Software - Application
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 de...
Globalway, Inc. Financial Statement Overview
Summary
Financials show a meaningful 2026 turnaround with revenue up to 4.01B, a return to profitability (EBIT 307.1M; net income 192.9M), and a strong swing to positive operating cash flow (301.4M) and free cash flow (289.1M). Balance sheet leverage is conservative with debt reduced to 120.0M and equity rising to 929.8M. The main constraint on the score is the lack of consistency—large losses and cash burn persisted through 2023–2025, making durability of the recovery the key risk.
Income Statement
63PositiveBalance Sheet
78PositiveCash Flow
67Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.14B | 4.01B | 3.07B | 2.46B | 1.75B | 1.82B |
| Gross Profit | 2.47B | 2.39B | 1.57B | 1.24B | 782.15M | 1.09B |
| EBITDA | 390.18M | 307.34M | -261.14M | -371.06M | -449.28M | 141.70M |
| Net Income | 280.47M | 192.87M | -320.05M | -199.14M | -218.94M | 419.21M |
Balance Sheet | ||||||
| Total Assets | 2.40B | 2.17B | 1.77B | 1.95B | 1.71B | 1.75B |
| Cash, Cash Equivalents and Short-Term Investments | 1.25B | 744.71M | 664.00M | 917.49M | 946.95M | 1.31B |
| Total Debt | 120.00M | 120.00M | 241.64M | 51.10M | 63.31M | 89.99M |
| Total Liabilities | 635.37M | 677.08M | 596.62M | 467.10M | 378.65M | 484.60M |
| Stockholders Equity | 1.19B | 929.76M | 716.89M | 1.04B | 1.12B | 1.15B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 289.15M | -542.98M | -520.88M | -688.49M | 274.52M |
| Operating Cash Flow | 0 | 301.39M | -542.78M | -505.91M | -635.78M | 280.70M |
| Investing Cash Flow | 0 | -123.59M | 23.80M | 553.08M | 292.10M | 351.72M |
| Financing Cash Flow | 0 | -95.24M | 191.43M | -11.32M | -26.64M | 457.15M |
Globalway, Inc. Technical Analysis
Price Trends
Market Momentum
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 127.00 is below the 20-day moving average (MA) of 130.00, below the 50-day MA of 137.14, and below the 200-day MA of 148.84, indicating a bearish trend. The MACD of -2.20 indicates Negative momentum. The RSI at 40.91 is Neutral, neither overbought nor oversold. The STOCH value of 20.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3936.
Globalway, Inc. Peers Comparison
Overall Rating
JP:406072Outperform
JP:444872Outperform
JP:393666.3Neutral
JP:503366Neutral
JP:439761Neutral
JP:448458Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 72Outperform | JPY 6.63B | 24.56 | ― | 0.79% | 37.13% | -7.58% | |
| 72Outperform | JPY 14.50B | 19.86 | ― | ― | 14.06% | ― | |
| 66Neutral | JPY 4.82B | 16.60 | ― | ― | 25.65% | ― | |
| 66Neutral | JPY 7.96B | 47.99 | ― | ― | 7.04% | -67.36% | |
| 61Neutral | JPY 6.01B | 16.11 | ― | ― | 23.50% | 2.72% | |
| 58Neutral | JPY 4.48B | 45.92 | ― | 0.72% | 20.67% | -37.51% | |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:3936 | Globalway, Inc. | 127.00 | -28.00 | -18.06% | |
| JP:4060 | rakumo Inc. | 1136.00 | 30.04 | 2.72% | |
| JP:4397 | TeamSpirit, Inc. | 364.00 | -143.00 | -28.21% | |
| JP:4448 | Chatwork Co.Ltd. | 340.00 | -53.00 | -13.49% | |
| JP:4484 | Lancers, Inc. | 276.00 | -13.09 | -4.53% | |
| JP:5033 | Nulab Inc. | 1228.00 | 465.00 | 60.94% |
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 19, 2026