TipRanks
Go Ultimate55% OFF

CINC Corp. (4378) AI Stock Analysis

JP:4378

CINC Corp.

(TSE/TYO:4378)

Select Model
Rating:45Neutral
Price Target:JPY 407.00â–¼(-2.40% Downside)
Action:reiterated
Date:09/16/26

The score is held down primarily by the 2025 profitability reset (negative operating and net results) and materially negative operating/free cash flow, which outweigh strong revenue growth. Technicals further pressure the score, with price below all major moving averages and bearish momentum readings. Valuation provides limited support because negative earnings make the P/E less meaningful and no dividend yield is available.

Positive Factors
Revenue GrowthThe 32.1% annual revenue increase demonstrates strong demand or improved commercial execution, giving the company a larger base from which to rebuild earnings. If growth persists, it can support operating scale, broaden market reach, and provide an opportunity to restore profitability over the coming quarters.
Negative Factors
Profitability DeteriorationThe move from positive profitability to a -8.4% net margin shows that revenue growth is not currently translating into earnings. Negative EBIT and EBITDA indicate pressure at the operating level, creating a durable need for cost control and execution improvements before growth can generate shareholder value.

CINC Corp. (4378) vs. iShares MSCI Japan ETF (EWJ)

-25%0%25%50%75%100%125%150%175%JP:4378-19.19%EWJ+15.87%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
JPY 1.23B
Dividend Yield
―
Average Volume (3M)
13.01K
Price to Earnings (P/E)
-121.9
Beta (1Y)
-0.02
Revenue Growth
-9.31%
EPS Growth
91.71%
Country
Japan
Employees
114
Sector
General
Sector Strength
55
Industry
Specialty Business Services

CINC Corp. Business Overview & Revenue Model

Company Description

CINC Corp., a data solution company that researches and develops machine learning and artificial intelligence technologies. The company offers a SaaS tool that provides accurate data analysis solutions using natural language processing technology. It...

CINC Corp. Financial Statement Overview

Summary

Despite strong 2025 revenue growth (+32.1%) and healthy gross margin (63.5%), profitability deteriorated sharply (net margin fell to -8.4% with EBIT/EBITDA turning negative). Cash generation also weakened materially with negative operating cash flow (-Â¥141.2M) and negative free cash flow (-Â¥142.4M). A debt-free balance sheet is a key offset, but current returns are weak (ROE -14.5%).

Income Statement

44Neutral

Balance Sheet

72Positive

Cash Flow

38Negative
Financial statement breakdown
BreakdownTTMOct 2025Oct 2024Oct 2023Oct 2022Oct 2021
Income Statement
Total Revenue1.71B1.82B1.99B1.95B1.81B1.31B
Gross Profit1.04B1.15B1.31B1.36B1.31B912.39M
EBITDA67.79M-55.04M119.01M69.19M337.87M222.15M
Net Income-8.94M-152.59M51.92M5.26M201.39M129.54M
Balance Sheet
Total Assets1.40B1.39B1.92B1.85B2.03B1.89B
Cash, Cash Equivalents and Short-Term Investments871.31M847.80M1.35B1.28B1.52B1.60B
Total Debt0016.68M71.61M151.62M244.44M
Total Liabilities315.32M334.70M407.32M365.10M527.64M595.46M
Stockholders Equity1.09B1.06B1.51B1.48B1.50B1.29B
Cash Flow
Free Cash Flow-142.42M-142.42M204.65M-75.93M185.24M283.76M
Operating Cash Flow-141.19M-141.19M205.42M-17.02M185.50M289.83M
Investing Cash Flow-40.18M-40.18M-56.42M-127.91M-174.81M-26.13M
Financing Cash Flow-323.28M-323.28M-74.26M-100.87M-91.06M811.06M

CINC Corp. Technical Analysis

Technical Analysis SentimentNegative
Last Price417.00

Price Trends

50DMA479.70Negative
100DMA521.12Negative
200DMA497.49Negative

Market Momentum

MACD-16.47Positive
RSI27.66Positive
STOCH7.38Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4378, the sentiment is Negative. The current price of 417.00 is below the 20-day moving average (MA) of 442.95, below the 50-day MA of 479.70, and below the 200-day MA of 497.49, indicating a bearish trend. The MACD of -16.47 indicates Positive momentum. The RSI at 27.66 is Positive, neither overbought nor oversold. The STOCH value of 7.38 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4378.

CINC Corp. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

JP:4378 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:4180JP:418082OutperformJPY 148.65B43.84―0.16%28.35%8.72%
JP:3993JP:399375OutperformJPY 112.73B42.607.39%0.28%73.78%-16.12%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
JP:3914JP:391454NeutralJPY 15.32B29.50――12.91%40.67%
JP:9417JP:941748NeutralJPY 3.23B-3.51―3.24%34.44%-199.42%
JP:3680JP:368046NeutralJPY 3.00B-1.79―3.19%3.59%-65.47%
JP:4378JP:437845NeutralJPY 1.23B-121.93――-9.31%91.71%

* General Sector Average

Performance Comparison

0%50%100%150%JP:4378JP:3993JP:3680JP:3914JP:4180JP:9417Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
JP:4378 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:4378CINC Corp.417.00-99.00-19.19%
JP:3993PKSHA Technology, Inc.3585.00-875.77-19.63%
JP:3680Hotto Link, Inc.191.00-69.82-26.77%
JP:3914JIG-SAW INC.2330.00-1140.00-32.85%
JP:4180Appier Group, Inc.1446.00192.5515.36%
JP:9417Smartvalue Co.Ltd.309.00-130.40-29.68%
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 16, 2026