Want to see JP:4484 full AI Analyst Report?
Top Page
Lancers, Inc.
(4484)
Select Model
Select Model
Rating:57Neutral
Price Target:
¥308.00
▲(2.33% Upside)
Action:Reiterated
Date:05/18/26
The score is driven primarily by improving financial performance (re-accelerating revenue growth and a return to positive profits and free cash flow), tempered by thin margins, rising leverage, and historically volatile cash generation. Technical signals are mixed with a mild uptrend but negative MACD, and valuation looks stretched versus the current profitability profile.
Positive Factors
Revenue Growth
A clear rebound in revenue (+16.7% YoY in FY2026) signals recovering demand and successful commercial traction after prior declines. Sustained revenue growth over several quarters improves operating leverage potential, supports scale of platform economics, and underpins medium-term profitability if management maintains execution.
Negative Factors
Thin Margins
Very low net margins and a decline in gross margin (~39%) limit the firm’s ability to absorb cost shocks and to reinvest incremental revenue into growth. Persistently thin margins reduce free cash flow upside and increase sensitivity to pricing pressure or rising operating expenses, constraining durable profitability expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
A clear rebound in revenue (+16.7% YoY in FY2026) signals recovering demand and successful commercial traction after prior declines. Sustained revenue growth over several quarters improves operating leverage potential, supports scale of platform economics, and underpins medium-term profitability if management maintains execution.
Read all positive factors
Lancers, Inc. (4484) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥4.32B
Dividend YieldN/A
Average Volume (3M)62.04K
Price to Earnings (P/E)47.3
Beta (1Y)1.03
Revenue Growth18.48%
EPS Growth-48.49%
CountryJP
Employees152
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)9.61
Shares Outstanding16,245,228
10 Day Avg. Volume33,840
30 Day Avg. Volume62,036
Financial Highlights & Ratios
PEG Ratio-1.03
Price to Book (P/B)3.23
Price to Sales (P/S)0.84
P/FCF Ratio12.44
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
Lancers, Inc. Business Overview & Revenue Model
Company Description
Lancers, Inc. specializes in delivering crowdsourcing services, primarily through its robust freelance talent ecosystem. The company's core offering, Lancers, serves as a platform connecting organizations in need of external expertise with individ...
How the Company Makes Money
null...
Lancers, Inc. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
66
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.66B | 5.44B | 4.59B | 4.57B | 4.81B | 4.07B |
| Gross Profit | 2.05B | 2.13B | 2.05B | 2.20B | 2.27B | 2.00B |
| EBITDA | 258.35M | 362.84M | 279.90M | 220.23M | -114.43M | -579.59M |
| Net Income | 156.35M | 91.04M | 176.88M | 111.12M | -238.63M | -672.37M |
Balance Sheet | ||||||
| Total Assets | 3.33B | 3.66B | 3.28B | 3.52B | 3.07B | 2.84B |
| Cash, Cash Equivalents and Short-Term Investments | 1.84B | 2.09B | 1.77B | 1.92B | 1.35B | 1.65B |
| Total Debt | 674.25M | 791.11M | 592.69M | 661.43M | 415.06M | 0.00 |
| Total Liabilities | 1.97B | 2.26B | 1.93B | 2.34B | 2.12B | 1.65B |
| Stockholders Equity | 1.36B | 1.41B | 1.36B | 1.18B | 957.39M | 1.19B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 365.46M | 0.00 | 221.45M | -473.66M | -480.91M |
| Operating Cash Flow | 0.00 | 371.33M | -37.50M | 316.50M | -324.59M | -313.24M |
| Investing Cash Flow | 0.00 | -115.74M | -50.93M | -94.97M | -298.64M | -145.28M |
| Financing Cash Flow | 0.00 | 139.82M | -68.74M | 353.91M | 317.74M | 14.88M |
Lancers, Inc. Technical Analysis
Neutral
301.00
Price Trends
273.38
Negative
286.91
Negative
292.18
Negative
Market Momentum
-2.62
Negative
48.19
Neutral
40.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4484, the sentiment is Neutral. The current price of 301 is above the 20-day moving average (MA) of 262.90, above the 50-day MA of 273.38, and above the 200-day MA of 292.18, indicating a neutral trend. The MACD of -2.62 indicates Negative momentum. The RSI at 48.19 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4484.
Lancers, Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ¥5.82B | 32.40 | ― | ― | 6.84% | -67.70% | |
64 Neutral | ¥30.19B | 14.58 | ― | ― | 32.07% | 349.54% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
58 Neutral | ¥11.43B | 25.48 | ― | ― | 12.68% | ― | |
57 Neutral | ¥4.32B | 47.33 | ― | ― | 18.48% | -48.49% | |
56 Neutral | ¥1.66B | 36.22 | ― | ― | 12.35% | 411.18% | |
51 Neutral | ¥25.42B | 23.36 | ― | ― | 18.09% | -50.60% |
* Technology Sector Average
JP:4484
Lancers, Inc.
266.00
48.44
22.26%
JP:4448
Chatwork Co.Ltd.
268.00
-229.00
-46.08%
JP:4477
BASE, Inc.
256.00
-128.28
-33.38%
JP:5027
AnyMind Group Inc.
414.00
-132.26
-24.21%
JP:5033
Nulab Inc.
898.00
-2.00
-0.22%
JP:9215
CaSy Co.,Ltd.
877.00
-53.00
-5.70%
Lancers, Inc. Corporate Events
Lancers Delivers Strong Revenue Growth, Resumes Dividends and Targets Profit Rebound for Fiscal 2027
May 15, 2026
Lancers, Inc., a Japanese crowdsourcing platform operator, reported consolidated net sales of ¥5,437 million for fiscal 2026, up 18.5% year on year, with operating profit surging 84.4% to ¥201 million and ordinary profit rising 79.5% to ...
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.