Soft99 Corporation (4464) AI Stock Analysis

Soft99 Corporation

(TSE/TYO:4464)

Select Model

Rating:72Outperform

Price Target:JPY 4,490.00▲(10.86% Upside)

Action:reiterated

Date:09/15/26

The overall score of 72 reflects a company with a very strong, low-risk financial foundation, which is the primary positive driver. This is tempered by a mixed technical outlook where strong bullish momentum is counterbalanced by an overbought RSI, signaling caution. The primary weakness is the stock's rich valuation, with a high P/E ratio and low dividend yield, which limits the score's upside.

Positive Factors

Very low leverageMinimal debt gives Soft99 substantial financial flexibility and reduces exposure to interest costs or refinancing pressure. Continued equity growth and expanding assets further support resilience, allowing the company to fund operations and pursue opportunities without relying heavily on external borrowing.

Negative Factors

Inconsistent cash conversionCash generation is positive but does not fully match reported earnings, indicating that working-capital or reinvestment demands can absorb a meaningful portion of profits. The history of volatility, including weaker free cash flow in 2023, makes recurring cash conversion less dependable.

Soft99 Corporation (4464) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 87.46B
Dividend Yield: 1.42%
Average Volume (3M): 2,811
Price to Earnings (P/E): 27.5
Beta (1Y): 0.72
Revenue Growth: 5.13%
EPS Growth: 8.56%
Country: Japan
Employees: 839
Sector: Basic Materials
Sector Strength: 61
Industry: Chemicals - Specialty

Soft99 Corporation Business Overview & Revenue Model

Company Description

SOFT99corporation operates globally, manufacturing and distributing a diverse array of specialized chemical products designed for both automotive and household applications, originating from its base in Japan. Its comprehensive automotive catalog add...

How the Company Makes Money

Soft99 makes money primarily by selling branded consumer products, especially automotive care and maintenance chemicals, to downstream distributors and retailers (and, where applicable, directly to other customers). Revenue is generated from: (1) sal...

Soft99 Corporation Financial Statement Overview

Summary

Soft99 Corporation exhibits solid financial health. The income statement shows steady revenue growth and expanding margins, with net margin reaching 10.0%. The balance sheet is exceptionally strong, nearly debt-free with a debt-to-equity of just 0.9%, indicating very low financial risk. Cash flow is healthy, with operating cash flow comfortably covering net income and free cash flow growing 34.6%. The overall profile is one of stability and conservative strength.

Income Statement

78Positive

Balance Sheet

92Very Positive

Cash Flow

75Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	31.67B	31.23B	29.74B	29.87B	30.17B	28.44B
Gross Profit	12.22B	11.59B	11.10B	10.68B	10.61B	10.95B
EBITDA	5.57B	5.42B	5.19B	4.79B	4.03B	4.86B
Net Income	3.17B	2.96B	2.91B	2.63B	2.06B	2.76B
Balance Sheet
Total Assets	67.97B	67.01B	64.64B	62.54B	60.38B	59.23B
Cash, Cash Equivalents and Short-Term Investments	24.16B	24.59B	22.35B	21.77B	20.12B	20.50B
Total Debt	556.45M	150.58M	208.10M	298.05M	340.97M	112.10M
Total Liabilities	8.40B	8.16B	8.06B	7.92B	7.60B	7.84B
Stockholders Equity	59.57B	58.85B	56.57B	54.63B	52.77B	51.39B
Cash Flow
Free Cash Flow	2.51B	1.86B	3.00B	2.67B	421.99M	1.72B
Operating Cash Flow	4.06B	3.50B	4.25B	3.77B	2.62B	3.09B
Investing Cash Flow	-1.99B	-1.13B	-2.26B	-1.14B	-2.18B	-736.74M
Financing Cash Flow	-619.06M	-625.74M	-1.22B	-1.21B	-516.08M	-1.12B

Soft99 Corporation Technical Analysis

Technical Analysis SentimentPositive

Last Price4050.00

Price Trends

50DMA3825.45Positive

100DMA3678.61Positive

200DMA3743.57Positive

Market Momentum

MACD54.31Positive

RSI74.83Negative

STOCH50.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4464, the sentiment is Positive. The current price of 4050.00 is below the 20-day moving average (MA) of 4052.50, above the 50-day MA of 3825.45, and above the 200-day MA of 3743.57, indicating a neutral trend. The MACD of 54.31 indicates Positive momentum. The RSI at 74.83 is Negative, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4464.

Soft99 Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

JP:4464 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:6036	85Outperform	JPY 102.90B	10.28	―	2.70%	12.41%	101.08%
JP:4612	84Outperform	JPY 2.97T	15.06	10.80%	1.25%	16.22%	34.06%
JP:4626	73Outperform	JPY 542.70B	19.47	―	3.30%	18.43%	149.34%
JP:4464	72Outperform	JPY 88.42B	27.50	―	1.42%	5.13%	8.56%
JP:4613	67Neutral	JPY 490.57B	17.27	10.26%	3.89%	2.53%	-14.17%
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
JP:4611	56Neutral	JPY 53.88B	21.58	―	3.05%	25.27%	-70.96%

* Basic Materials Sector Average

Performance Comparison

JP:4464 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:4464	Soft99 Corporation	4050.00	173.11	4.47%
JP:4613	Kansai Paint Co	2907.50	537.44	22.68%
JP:4612	Nippon Paint Holdings	1276.00	308.35	31.87%
JP:4611	Dai Nippon Toryo Company, Limited	1902.00	689.66	56.89%
JP:4626	Taiyo Holdings Co., Ltd.	4704.00	633.48	15.56%
JP:6036	KeePer Technical Laboratory Co.Ltd.	1852.00	75.86	4.27%

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 15, 2026

Soft99 Corporation AI Stock Analysis