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Lancers, Inc.
(4484)
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Rating:58Neutral
Price Target:
¥300.00
▼(-0.33% Downside)
Action:Reiterated
Date:08/18/26
The score is primarily driven by improving fundamentals (re-accelerating revenue growth and a return to profitability) but capped by still-thin margins, recent earnings pressure, and historically volatile cash flow. Technicals are modestly supportive, while a high P/E and low dividend yield meaningfully detract from the overall attractiveness.
Positive Factors
Revenue recovery
The return to strong top-line growth after weakness in FY2024 and stagnation in FY2025 indicates improving demand for Lancers’ freelancer marketplace services. Sustained revenue expansion can strengthen platform scale and support future operating leverage.
Negative Factors
Thin and declining margins
Low net profitability leaves limited protection against higher operating costs, pricing pressure, or weaker demand. The decline in gross margin from earlier years also suggests that revenue growth may not translate efficiently into earnings without improved cost control.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue recovery
The return to strong top-line growth after weakness in FY2024 and stagnation in FY2025 indicates improving demand for Lancers’ freelancer marketplace services. Sustained revenue expansion can strengthen platform scale and support future operating leverage.
Read all positive factors
Lancers, Inc. (4484) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥4.71B
Dividend Yield0.69%
Average Volume (3M)62.04K
Price to Earnings (P/E)47.9
Beta (1Y)0.75
Revenue Growth20.67%
EPS Growth-37.51%
CountryJP
Employees150
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)5.62
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
Lancers, Inc. primarily makes money by monetizing transactions and relationships facilitated through its online freelancer matching platform. Key revenue typically comes from (1) platform fees or commissions charged when clients and freelancers co...
Lancers, Inc. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
66
Positive
Cash Flow
58
Neutral
| Breakdown | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.44B | 4.59B | 4.57B | 4.81B | 4.07B |
| Gross Profit | 2.13B | 2.05B | 2.20B | 2.27B | 2.00B |
| EBITDA | 260.84M | 279.90M | 220.23M | -114.43M | -579.59M |
| Net Income | 91.04M | 176.88M | 111.12M | -238.63M | -672.37M |
Balance Sheet | |||||
| Total Assets | 3.66B | 3.28B | 3.52B | 3.07B | 2.84B |
| Cash, Cash Equivalents and Short-Term Investments | 2.09B | 1.77B | 1.92B | 1.35B | 1.65B |
| Total Debt | 791.11M | 592.69M | 661.43M | 415.06M | 0.00 |
| Total Liabilities | 2.26B | 1.93B | 2.34B | 2.12B | 1.65B |
| Stockholders Equity | 1.41B | 1.36B | 1.18B | 957.39M | 1.19B |
Cash Flow | |||||
| Free Cash Flow | 365.46M | 0.00 | 221.45M | -473.66M | -480.91M |
| Operating Cash Flow | 371.33M | -37.50M | 316.50M | -324.59M | -313.24M |
| Investing Cash Flow | -115.74M | -50.93M | -94.97M | -298.64M | -145.28M |
| Financing Cash Flow | 139.82M | -68.74M | 353.91M | 317.74M | 14.88M |
Lancers, Inc. Technical Analysis
Neutral
301.00
Price Trends
280.82
Positive
279.43
Positive
289.96
Negative
Market Momentum
2.00
Positive
52.83
Neutral
26.19
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 288.75, above the 50-day MA of 280.82, and above the 200-day MA of 289.96, indicating a neutral trend. The MACD of 2.00 indicates Positive momentum. The RSI at 52.83 is Neutral, neither overbought nor oversold. The STOCH value of 26.19 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 |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥36.68B | 16.36 | ― | 1.64% | 34.68% | 552.65% | |
76 Outperform | ¥5.73B | 35.13 | ― | ― | 7.04% | -67.36% | |
63 Neutral | ¥15.10B | 20.68 | ― | ― | 14.06% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | ¥1.82B | 56.81 | ― | ― | 13.86% | 31.44% | |
59 Neutral | ¥48.14B | 37.12 | ― | ― | 28.94% | -29.21% | |
58 Neutral | ¥4.71B | 47.92 | ― | ― | 20.67% | -37.51% |
* Technology Sector Average
JP:4484
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Lancers, Inc. Corporate Events
Lancers Delivers Strong Q1 Recovery and Lifts Fiscal 2027 Earnings Outlook
Aug 14, 2026
Lancers, Inc. reported a strong start to fiscal 2027, with first-quarter net sales rising 15.5% year on year to 1,366 million yen and operating profit surging more than threefold to 44 million yen, reversing last year’s sharp profit declines...
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.