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GO Inc. (581A) AI Stock Analysis

JP:581A

GO Inc.

(TSE/TYO:581A)

Select Model
Rating:63Neutral
Price Target:JPY 3,392.00â–²(7.68% Upside)
Action:reiterated
Date:10/17/26

The score is primarily supported by strong financial performance (rapid growth, improved margins, strong cash generation, and low leverage). However, the overall rating is held back by weak technical positioning (below key moving averages with muted momentum) and a high P/E valuation that increases sensitivity to any slowdown or margin normalization.

Positive Factors
Rapid Revenue GrowthRevenue has scaled substantially across the reported period, indicating strong demand and expanding commercial activity. If this growth persists, it can support operating leverage, reinforce market position, and provide a durable foundation for continued investment and earnings expansion.
Negative Factors
Earnings VolatilityThe sharp swing from losses to strong profitability makes the current earnings base less proven than a consistently profitable track record. Such volatility increases uncertainty about normalized margins and raises the risk that future results could undershoot current expectations.

GO Inc. (581A) vs. iShares MSCI Japan ETF (EWJ)

-20%0%20%40%60%80%JP:581A+19.32%EWJ+15.87%Jul '26Aug '26Sep '26Oct '26
Market Cap
JPY 254.41B
Dividend Yield
―
Average Volume (3M)
2.64M
Price to Earnings (P/E)
33.8
Beta (1Y)
2.39
Revenue Growth
―
EPS Growth
―
Country
Japan
Employees
606
Sector
Technology
Sector Strength
61
Industry
Software - Application

GO Inc. Business Overview & Revenue Model

Company Description

GO Inc. designs and develops a taxi-hailing application that enables users to arrange and schedule a cab ride in Japan. The company's application offers real-time location information sharing, digitalization of operations for taxi companies, manageme...

GO Inc. Financial Statement Overview

Summary

Strong financial rebound with rapid revenue scaling and sharply improved profitability, reaching healthy margins in 2026 and strong ROE. Cash flow also strengthened materially, with free cash flow closely matching net income, and leverage remains low. Main risk is volatility given the swing from losses/negative cash flow in 2024 to very strong results in 2026.

Income Statement

84Very Positive

Balance Sheet

78Positive

Cash Flow

81Very Positive
Financial statement breakdown
BreakdownTTMMay 2026May 2025May 2024
Income Statement
Total Revenue22.21B41.45B31.43B23.95B
Gross Profit12.15B22.41B16.23B10.64B
EBITDA3.96B7.50B2.21B-2.00B
Net Income4.90B8.84B2.00B-3.31B
Balance Sheet
Total Assets76.47B76.47B57.07B46.74B
Cash, Cash Equivalents and Short-Term Investments34.58B34.58B25.15B21.03B
Total Debt3.34B3.34B3.65B4.11B
Total Liabilities48.62B48.62B39.52B31.76B
Stockholders Equity25.52B25.52B16.31B14.10B
Cash Flow
Free Cash Flow5.87B10.52B4.26B-2.20B
Operating Cash Flow6.10B10.56B5.04B-1.12B
Investing Cash Flow-377.00M-512.00M-793.00M-930.00M
Financing Cash Flow476.00M-422.00M-131.00M-486.00M

GO Inc. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

JP:581A against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:4776JP:477683OutperformJPY 134.47B17.61―1.36%20.38%45.30%
JP:4686JP:468677OutperformJPY 317.59B20.63―0.61%10.37%17.89%
JP:4443JP:444375OutperformJPY 277.03B34.37―0.11%22.50%631.99%
JP:581AJP:581A63NeutralJPY 258.84B33.78――――
Sector *61Neutral$37.18B12.37-10.20%1.83%8.50%-7.62%
JP:4478JP:447858NeutralJPY 275.02B252.75――27.57%-21.74%
JP:3994JP:399455NeutralJPY 380.33B69.3412.28%―34.69%―

* Technology Sector Average

Performance Comparison

-25%0%25%50%JP:581AJP:3994JP:4443JP:4478JP:4686JP:4776Jul '26Aug '26Sep '26Oct '26
JP:581A and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:581AGO Inc.3150.00510.0019.32%
JP:3994Money Forward, Inc.6855.002355.0052.33%
JP:4443Sansan, Inc.2183.00362.9019.94%
JP:4478freee K.K.4600.001255.0037.52%
JP:4686Justsystems Corporation4945.00-1.75-0.04%
JP:4776Cybozu, Inc.2931.00-72.13-2.40%

GO Inc. Corporate Events

GO Inc. Posts Strong First-Quarter Results and Targets Robust FY2027 Growth

Oct 15, 2026

GO Inc. reported solid consolidated financial results for the three months ended August 31, 2026, its first quarter since listing on the Tokyo Stock Exchange Growth Market. The company posted net sales of ¥12,243 million and profit attributable...

GO Inc. Delivers Strong Q1 Growth and Strikes Waymo Deal for Autonomous Taxis in Tokyo

Oct 15, 2026

GO Inc. reported strong first-quarter results for the fiscal year ending May 2027, with net sales climbing 27.8% year-on-year to ¥12,243 million and adjusted EBITDA surging 71.2% to ¥3,365 million. The performance was driven primarily by a...

GO Inc. and Waymo Forge Strategic Partnership for Autonomous Taxis in Tokyo

Sep 14, 2026

GO Inc. has entered into a strategic collaboration agreement with Alphabet-owned autonomous driving specialist Waymo to commercialize fully autonomous taxi services in Tokyo. Building on on-road validation trials run since 2025 with Nihon Kotsu, the...

GO Inc. Shares Gain Loan Margin Trading Status on TSE Growth Market

Sep 10, 2026

GO Inc. announced that its shares on the Tokyo Stock Exchange Growth Market have been newly designated as a Loan Margin Trading Issue, effective September 11, 2026, expanding their margin trading classification beyond the existing standardized margin...

GO Inc. Details Financial Status and Structure of Parent Nihon Kotsu Holdings

Aug 28, 2026

GO Inc. disclosed that its unlisted parent company, Nihon Kotsu Holdings Co., Ltd., which holds 25.75% of GO’s voting rights, has finalized financial results for the fiscal year ended May 31, 2026. Nihon Kotsu Holdings functions as a pure holdi...

GO Inc. Corrects Net Sales Data in 2026 Financial Results

Aug 3, 2026

GO Inc. has announced that it identified errors in the breakdown of net sales for its GO business segment for the fiscal year ended May 31, 2026, within a previously released financial results presentation. The company has issued corrected materials,...

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: Oct 17, 2026