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Yamada Servicer Synthetic Office Co., Ltd. (JP:4351)
:4351
Japanese Market
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Yamada Servicer Synthetic Office Co., Ltd. (4351) AI Stock Analysis

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JP:4351

Yamada Servicer Synthetic Office Co., Ltd.

(4351)

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Neutral 55 (OpenAI - Gpt-5.6Sol)
Rating:55Neutral
Price Target:
¥869.00
▲(2.60% Upside)
Action:Reiterated
Date:09/28/26
The score is primarily supported by improving financial fundamentals (profit recovery and sharply lower leverage) and a strong 2025 cash flow inflection, but it is held back by very high valuation (P/E ~96.6), thin/volatile margins and historically volatile cash flow, and a technically weak longer-term trend (below 100/200-day averages with negative MACD).
Positive Factors
Profit Recovery and Revenue Growth
The return to positive earnings across five consecutive years, combined with 2025 revenue growth and margin improvement, indicates a meaningful recovery from the 2020 loss. Continued top-line expansion gives the company a foundation to rebuild profitability and strengthen operating performance over the next several quarters.
Negative Factors
Thin and Volatile Margins
The company operates with limited margin headroom, so relatively small changes in operating performance can materially affect earnings. The decline from 2023’s stronger net margin also indicates that profitability has not yet demonstrated consistent durability, making sustained earnings expansion harder to rely on.
Read all positive and negative factors
Positive Factors
Negative Factors
Profit Recovery and Revenue Growth
The return to positive earnings across five consecutive years, combined with 2025 revenue growth and margin improvement, indicates a meaningful recovery from the 2020 loss. Continued top-line expansion gives the company a foundation to rebuild profitability and strengthen operating performance over the next several quarters.
Read all positive factors

Yamada Servicer Synthetic Office Co., Ltd. (4351) vs. iShares MSCI Japan ETF (EWJ)

Yamada Servicer Synthetic Office Co., Ltd. Business Overview & Revenue Model

Company Description
Operating as a servicer in Japan, Yamada Servicer Synthetic Office Co.,Ltd specializes in the oversight and retrieval of both acquired and assigned receivables. The company further extends its expertise to provide revitalization and real estate co...

Yamada Servicer Synthetic Office Co., Ltd. Financial Statement Overview

Summary
Earnings have recovered versus 2020 with positive profits from 2021–2025 and improved 2025 results (revenue +12.6% YoY; net margin ~3.1% vs ~2.2% in 2024). Balance sheet leverage improved materially (debt-to-equity ~0.38 in 2025 vs ~0.64 in 2024), but profitability/returns remain modest (ROE ~2.1%) and margins are structurally thin and somewhat volatile. Cash flow is a key risk: 2025 is very strong (~¥1.41B OCF/FCF), but prior years were inconsistent, including negative OCF/FCF in multiple years.
Income Statement
62
Positive
Balance Sheet
70
Positive
Cash Flow
54
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue2.25B2.28B2.29B2.48B2.39B2.19B
Gross Profit665.53M694.24M657.56M674.37M652.14M703.57M
EBITDA106.04M164.25M179.55M207.22M135.11M149.55M
Net Income37.38M71.27M49.70M120.41M76.62M144.56M
Balance Sheet
Total Assets5.48B5.80B6.68B7.05B5.17B6.14B
Cash, Cash Equivalents and Short-Term Investments1.33B1.47B917.16M708.12M758.79M1.35B
Total Debt1.23B1.28B2.15B2.52B804.10M1.80B
Total Liabilities2.35B2.43B3.34B3.78B1.99B2.95B
Stockholders Equity3.13B3.37B3.35B3.27B3.18B3.19B
Cash Flow
Free Cash Flow0.001.41B620.96M-1.80B394.23M-440.50M
Operating Cash Flow0.001.41B637.43M-1.80B394.23M-416.26M
Investing Cash Flow0.00103.22M-11.11M173.91M69.84M411.41M
Financing Cash Flow0.00-938.86M-428.22M1.58B-1.07B-255.23M

Yamada Servicer Synthetic Office Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price847.00
Price Trends
50DMA
846.26
Positive
100DMA
902.19
Negative
200DMA
893.05
Negative
Market Momentum
MACD
-0.97
Positive
RSI
51.87
Neutral
STOCH
57.35
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4351, the sentiment is Positive. The current price of 847 is below the 20-day moving average (MA) of 848.30, above the 50-day MA of 846.26, and below the 200-day MA of 893.05, indicating a neutral trend. The MACD of -0.97 indicates Positive momentum. The RSI at 51.87 is Neutral, neither overbought nor oversold. The STOCH value of 57.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4351.

Yamada Servicer Synthetic Office Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
¥13.49B9.90―2.97%8.49%26.99%
71
Outperform
¥7.04B26.21―5.56%9.55%38.29%
64
Neutral
¥101.50B11.54―4.46%1.76%4.14%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
55
Neutral
¥3.61B96.81―1.18%11.19%―
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4351
Yamada Servicer Synthetic Office Co., Ltd.
850.00
-26.03
-2.97%
JP:3286
TRUST Holdings Inc.
883.00
12.29
1.41%
JP:4346
NEXYZ.Group Corporation
1,010.00
-93.00
-8.43%
JP:6093
Escrow Agent Japan, Inc.
162.00
33.95
26.51%
JP:6183
BELLSYSTEM24 Holdings, Inc.
1,345.00
70.12
5.50%
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: Sep 28, 2026