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ROUND ONE (4680) AI Stock Analysis

1 Followers
JP:4680

ROUND ONE

(TSE/TYO:4680)

Select Model
Rating:65Neutral
Price Target:JPY 1,576.00▲(7.50% Upside)
Action:reiterated
Date:11/12/26

The score is driven primarily by solid fundamental recovery and ongoing revenue growth, tempered by high leverage and weakening free-cash-flow trend. Technicals remain generally supportive due to price strength versus moving averages, but mixed momentum indicators reduce conviction. Valuation is neutral-to-slightly expensive on P/E with only a modest dividend yield.

Positive Factors
Sustained Revenue GrowthMulti-year revenue expansion demonstrates continued demand for ROUND ONE’s leisure and entertainment offering. Growth in 2026, following strong prior-year increases, supports the durability of its operating model and provides a foundation for maintaining scale and funding future business needs.
Negative Factors
Elevated LeverageROUND ONE’s elevated leverage increases financial sensitivity if leisure demand weakens or operating conditions deteriorate. Higher debt can also raise refinancing and interest-rate exposure, limiting flexibility to invest or absorb a prolonged downturn.

ROUND ONE (4680) vs. iShares MSCI Japan ETF (EWJ)

-30%-20%-10%0%10%20%30%40%50%JP:4680+46.16%EWJ+15.75%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 2.10B
Dividend Yield
1.23%
Average Volume (3M)
2.26M
Price to Earnings (P/E)
23.7
Beta (1Y)
0.90
Revenue Growth
―
EPS Growth
―
Country
Japan
Employees
2,364
Sector
Consumer Cyclical
Sector Strength
61
Industry
Leisure

ROUND ONE Business Overview & Revenue Model

Company Description

Round One Corporation is a Japanese company that manages a variety of indoor entertainment centers. Their facilities provide a wide array of leisure activities such as bowling, arcade games, karaoke, and other sports-related recreation. Established i...

ROUND ONE Financial Statement Overview

Summary

Strong multi-year revenue growth and a meaningful profitability recovery, with healthy 2026 operating/net margins and consistently positive operating cash flow. Offsetting these strengths, leverage is elevated (debt-to-equity ~2.3x) and free cash flow has stepped down from 2024 to 2026, increasing downside sensitivity if demand weakens.

Income Statement

78Positive

Balance Sheet

57Neutral

Cash Flow

68Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2026Mar 2025Mar 2024Mar 2023
Income Statement
Total Revenue186.09B177.06B189.55B159.18B142.05B96.42B
Gross Profit40.93B34.74B39.75B30.60B21.36B2.02B
EBITDA70.07B70.45B73.23B65.34B35.68B21.55B
Net Income15.54B15.40B16.62B14.66B9.74B3.94B
Balance Sheet
Total Assets292.19B293.95B309.89B272.83B183.24B160.53B
Cash, Cash Equivalents and Short-Term Investments51.54B51.15B54.95B36.46B29.11B46.32B
Total Debt182.09B157.22B187.99B141.25B99.41B74.61B
Total Liabilities214.74B227.06B227.25B207.17B122.06B105.92B
Stockholders Equity77.44B66.88B82.64B65.66B61.18B54.60B
Cash Flow
Free Cash Flow042.60B29.99B47.40B24.00B21.05B
Operating Cash Flow063.95B60.46B62.89B35.83B28.30B
Investing Cash Flow0-23.99B-31.25B-15.39B-11.91B-8.47B
Financing Cash Flow0-25.09B-26.15B-41.05B-42.11B-19.30B

ROUND ONE Technical Analysis

Technical Analysis SentimentPositive
Last Price1466.00

Price Trends

50DMA1271.28Positive
100DMA1247.29Positive
200DMA1094.32Positive

Market Momentum

MACD14.62Negative
RSI65.90Neutral
STOCH82.30Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4680, the sentiment is Positive. The current price of 1466.00 is above the 20-day moving average (MA) of 1310.58, above the 50-day MA of 1271.28, and above the 200-day MA of 1094.32, indicating a bullish trend. The MACD of 14.62 indicates Negative momentum. The RSI at 65.90 is Neutral, neither overbought nor oversold. The STOCH value of 82.30 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4680.

ROUND ONE Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

JP:4680 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:7832JP:783285OutperformJPY 4.27T26.9118.24%1.10%12.48%27.81%
JP:7458JP:745875OutperformJPY 185.23B11.14―4.09%5.10%13.99%
JP:4661JP:466168NeutralJPY 6.11T45.1412.16%0.43%5.56%6.84%
JP:4680JP:468065NeutralJPY 382.27B23.6820.75%1.23%――
Sector *61Neutral$18.38B12.79-2.54%3.03%1.52%-15.83%
JP:4343JP:434357NeutralJPY 56.38B18.49―0.88%10.11%―
JP:9166JP:916657NeutralJPY 128.37B42.10―0.57%47.16%21.05%

* Consumer Cyclical Sector Average

Performance Comparison

-20%0%20%40%JP:4680JP:7832JP:4661JP:4343JP:7458JP:9166Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:4680 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:4680ROUND ONE Corporation1466.00485.6249.53%
JP:7832BANDAI NAMCO Holdings 6821.002290.7750.57%
JP:4661Oriental Land Co 3690.00625.5620.41%
JP:4343AEON Fantasy Co., Ltd.2841.00-35.10-1.22%
JP:7458Daiichikosho Co., Ltd.1787.00271.3017.90%
JP:9166GENDA Inc.700.0063.379.95%

ROUND ONE Corporate Events

Round One Interim Results Exceed Forecast on Existing-Store Sales

Nov 11, 2026

Round One Corporation, listed on the TSE Prime Market under code 4680, reported interim revenue of ¥111,995 million for the six months ended September 30, 2026. Operating profit was ¥18,688 million, profit before tax was ¥15,859 million, and profit a...

ROUND ONE Notifies Voluntary Adoption of IFRS

Nov 11, 2026

The group voluntarily adopted IFRS instead of Japanese GAAP for consolidated financial statements in its Annual Securities Report for the fiscal year ended March 31, 2025, to improve financial-information comparability and management efficiency. The...

ROUND ONE Reports Six-Month Revenue Growth

Nov 11, 2026

ROUND ONE Corporation, listed on the TSE Prime Market under securities code 4680, reported consolidated revenue of ¥111,995 million for the six months ended September 30, 2026, up 21.8% from a year earlier.EBITDA increased to ¥40,917 million from ¥35...

Round One Japan October Sales Rise 26.9% on Amusement Growth

Nov 9, 2026

Round One reported October 2026 sales of ¥9.874 billion in Japan, up 26.9% year on year at existing stores, while cumulative fiscal-year sales reached ¥75.954 billion, an increase of 22.4%. Amusement led growth with a 46.2% increase, followed by bowl...

Round One Posts Double-Digit Sales Growth Across Japan Entertainment Centers

Oct 8, 2026

Round One reported strong domestic sales growth in September 2026, with total sales in Japan rising 38.6% year on year at all stores and 21.8% for the fiscal first half. Amusement led the expansion with a 53.2% September increase and a 29.3% gain for...

Round One Posts Double-Digit Sales Growth Across Japanese Entertainment Segments in August

Sep 4, 2026

Round One Corporation reported strong August 2026 sales in Japan, with total revenue rising 21.7 percent year on year at all stores and 18.7 percent for the fiscal year to date. Growth was broad-based across its entertainment offerings, driven partic...

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: Nov 12, 2026