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i-mobile Co., Ltd. (6535) AI Stock Analysis

JP:6535

i-mobile Co., Ltd.

(TSE/TYO:6535)

Select Model
Rating:77Outperform
Price Target:JPY 552.00â–²(21.59% Upside)
Action:reiterated
Date:09/11/26

The overall score is driven by the company's pristine, zero-debt balance sheet and a highly attractive valuation featuring a 5.55% dividend yield. These strong fundamental pillars provide a solid foundation but are partially offset by weak technical momentum, as the stock remains in a short-to-medium-term downtrend.

Positive Factors
Accelerating Revenue GrowthRevenue growth has accelerated for several years, indicating stronger demand for the company’s digital advertising and marketing services. Sustained top-line expansion can broaden scale, support reinvestment in optimization capabilities, and strengthen the company’s competitive position over the next several quarters.
Negative Factors
Net Margin CompressionThe decline in net margin shows that strong revenue growth has not translated into proportionate bottom-line profitability compared with the 2022 peak. If this compression persists, it could reduce earnings growth, limit the benefit of operating scale, and weaken the company’s ability to compound returns.

i-mobile Co., Ltd. (6535) vs. iShares MSCI Japan ETF (EWJ)

-30%-20%-10%0%10%20%30%JP:6535-16.12%EWJ+17.00%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
JPY 25.12B
Dividend Yield
5.92%
Average Volume (3M)
306.67K
Price to Earnings (P/E)
8.8
Beta (1Y)
0.50
Revenue Growth
2.87%
EPS Growth
0.67%
Country
Japan
Employees
215
Sector
Communication Services
Sector Strength
60
Industry
Advertising Agencies

i-mobile Co., Ltd. Business Overview & Revenue Model

Company Description

i-mobile Co.,Ltd. engages in the Internet advertising business in Japan. It operates through Consumer Business and Internet Advertising Business segments. The company operates FuruNavi, a hometown tax donation website for local governments; offers Fu...

How the Company Makes Money

i-mobile’s revenue is primarily generated by providing online advertising services: it earns fees from advertisers for delivering ads (e.g., performance-based campaigns such as cost-per-click or cost-per-action and other digital ad placements) and re...

i-mobile Co., Ltd. Financial Statement Overview

Summary

Exceptional balance sheet strength with zero debt, high gross margins, and robust operating cash flow generation, outweighing a recent slight plateau in net income growth.

Income Statement

84Very Positive

Balance Sheet

96Very Positive

Cash Flow

88Very Positive
Financial statement breakdown
BreakdownTTMJul 2026Jul 2025Jul 2024Jul 2023Jul 2022
Income Statement
Total Revenue22.15B22.15B21.53B18.73B16.43B13.93B
Gross Profit21.63B21.63B21.27B18.45B16.22B13.75B
EBITDA4.48B4.48B4.36B3.80B3.71B3.96B
Net Income2.89B2.89B2.96B2.42B2.40B2.68B
Balance Sheet
Total Assets36.23B36.23B27.35B24.57B21.77B18.24B
Cash, Cash Equivalents and Short-Term Investments22.47B22.47B20.50B18.60B16.22B14.27B
Total Debt000000
Total Liabilities19.13B19.13B11.13B8.94B7.68B4.83B
Stockholders Equity17.10B17.10B16.22B15.63B14.08B13.41B
Cash Flow
Free Cash Flow04.15B4.11B3.48B4.13B3.17B
Operating Cash Flow07.44B4.82B3.79B4.39B3.23B
Investing Cash Flow0-2.86B-3.62B-747.00M-378.00M-234.00M
Financing Cash Flow0-1.95B-2.30B-683.00M-2.06B-4.14B

i-mobile Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price454.00

Price Trends

50DMA497.56Negative
100DMA491.52Negative
200DMA489.03Negative

Market Momentum

MACD-9.50Positive
RSI28.40Positive
STOCH12.24Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6535, the sentiment is Negative. The current price of 454.00 is below the 20-day moving average (MA) of 482.45, below the 50-day MA of 497.56, and below the 200-day MA of 489.03, indicating a bearish trend. The MACD of -9.50 indicates Positive momentum. The RSI at 28.40 is Positive, neither overbought nor oversold. The STOCH value of 12.24 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6535.

i-mobile Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (60)

Financial Indicators

JP:6535 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:6535JP:653577OutperformJPY 26.36B8.83―5.92%2.87%0.67%
JP:4293JP:429376OutperformJPY 97.92B16.89―5.78%7.63%69.82%
JP:4751JP:475168NeutralJPY 643.49B14.7622.42%1.58%13.74%77.61%
Sector *60Neutral$48.67B4.58-11.27%4.14%2.83%-41.78%
JP:4324JP:432460NeutralJPY 983.57B-4.74-45.87%3.67%3.87%23.48%
JP:2491JP:249149NeutralJPY 13.12B-3.57―7.88%-59.47%-181.86%
JP:6094JP:609448NeutralJPY 8.85B4.54――10.01%―

* Communication Services Sector Average

Performance Comparison

-20%0%20%40%JP:6535JP:4751JP:4324JP:2491JP:4293JP:6094Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
JP:6535 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:6535i-mobile Co., Ltd.456.00-100.91-18.12%
JP:4751Cyberagent1269.50-228.31-15.24%
JP:4324Dentsu 3789.00697.0022.54%
JP:2491ValueCommerce Co., Ltd.406.00-237.94-36.95%
JP:4293Septeni Holdings Co., Ltd.467.0080.6320.87%
JP:6094FreakOut Holdings, Inc.495.003.000.61%

i-mobile Co., Ltd. Corporate Events

i-mobile Sets Out New Three-Year Medium-Term Management Plan

Sep 11, 2026

i-mobile Co., Ltd. has unveiled a new medium-term management plan covering fiscal years FY07/27 through FY07/29, signaling its strategic roadmap for the next three years. The plan’s release, initially in Japanese with an English version to foll...

i-mobile Raises Year-End Dividend After Record Earnings and Share Buybacks

Sep 10, 2026

i-mobile Co., Ltd. has approved a year-end dividend of 27 yen per share for the fiscal year ended July 31, 2026, matching its prior forecast and exceeding the previous year’s 26 yen. The total cash payout will be 1,487 million yen from retained...

i-mobile Highlights Vision and Mission in FY2026.7 Business Update

Sep 10, 2026

Tokyo-based i-mobile Co., Ltd., listed on the TSE Prime Section under stock code 6535, operates in the internet marketing industry. The company focuses on creating value-added user experiences through digital marketing solutions, guided by a corporat...

i-mobile Posts Steady FY2026 Growth and Lifts Dividend While Eyeing Profit Gains in 2027

Sep 10, 2026

i-mobile reported consolidated net sales of ¥22.1 billion for the fiscal year ended July 31, 2026, up 2.9% year on year, with operating profit rising 1.1% to ¥4.18 billion and ordinary profit growing 5.1% to ¥4.28 billion. Profit attri...

i-mobile Finalizes Terms for Fifth Series of Employee Stock Options

Sep 9, 2026

Tokyo-listed i-mobile Co., Ltd. operates in the digital and technology sector, focusing on internet-related services and solutions. The company’s operations rely on executive leadership and employee talent, and it uses equity-based compensation...

i-mobile Finalizes Terms for Third Series of Performance-Linked Stock Options

Sep 9, 2026

i-mobile Co., Ltd. has finalized the terms for issuing its Third Series of Performance-Linked Share Acquisition Rights with monetary consideration to internal stakeholders. The company will allocate 1,400 stock option units to six executive officers...

i-mobile secures ¥10bn commitment line to support tax and green energy growth

Aug 31, 2026

Tokyo-based i-mobile Co., Ltd. operates primarily in digital services, with a core focus on its Hometown Tax Donation business that processes growing volumes of municipal donation payments. The company is also expanding into a Green Energy business p...

i-mobile to Cut Hometown Tax Portal Fees Under Government Pressure

Aug 28, 2026

i-mobile has responded to a request from Japan’s Ministry of Internal Affairs and Communications to cut fees on hometown tax donation portal sites, positioning the move as part of its commitment to the system’s sound development and regio...

i-mobile Scraps Planned Treasury Share Cancellation to Preserve Capital Flexibility

Aug 24, 2026

Tokyo-listed i-mobile Co., Ltd. operates in the technology and digital services sector, focusing on internet-based solutions and related businesses. The company actively manages its capital structure, including share buybacks and treasury share polic...

i-mobile launches new performance-linked stock option program with limited dilution

Aug 24, 2026

i-mobile Co., Ltd. has approved the issuance of its Fifth Series of share acquisition rights as tax-qualified stock options granted without monetary consideration to 29 executive officers and employees, covering up to 295,000 ordinary shares, or abou...

I-mobile launches performance-linked stock options to align management with shareholders

Aug 24, 2026

I-mobile Co., Ltd., a Tokyo Stock Exchange-listed provider of internet-related services and advertising solutions, is pursuing sustainable profit growth and corporate value enhancement by reinforcing existing businesses and investing in new growth ar...

i-mobile Ties Management Incentives to Performance With New Share Acquisition Rights

Aug 24, 2026

i-mobile Co., Ltd. has approved the issuance of a Second Series of share acquisition rights through a third-party allotment to asset manager T-net Co., Ltd., wholly owned by Chairman Toshihiko Tanaka, as part of an incentive structure that requires m...

i-mobile announces passing of outside director and confirms board remains compliant

Aug 5, 2026

i-mobile Co., Ltd. announced that outside director Satoshi Shima passed away on July 27, 2026, resulting in his immediate retirement from the company’s board. The company expressed deep gratitude for his contributions and extended condolences,...

i-mobile Completes ¥502 Million Share Buyback Program

Jul 1, 2026

i-mobile Co., Ltd. has completed a share repurchase program authorized under Article 459 of the Companies Act, acquiring 1,009,700 of its ordinary shares for a total of ¥502,487,200 between June 12 and June 30, 2026. The buyback, executed throug...

i-mobile launches targeted share buyback to boost capital efficiency and governance

Jun 12, 2026

i-mobile Co., Ltd. has repurchased 400,000 of its ordinary shares for approximately 196.8 million yen via the Tokyo Stock Exchange’s off-auction own share repurchase system ToSTNeT-3. The buyback aims to enhance shareholder returns, improve cap...

i-mobile Launches Up to ¥700 Million Share Buyback via ToSTNeT-3 and Market Purchases

Jun 11, 2026

i-mobile Co., Ltd. has approved a share repurchase using the Tokyo Stock Exchange’s ToSTNeT-3 off-auction system, placing an order on June 12, 2026, to buy up to 400,000 ordinary shares at the prior day’s closing price of ¥492, for a...

i-mobile to Launch ¥700 Million Share Buyback to Boost Capital Efficiency and Shareholder Returns

Jun 11, 2026

i-mobile Co., Ltd. has approved a share buyback of up to 1.2 million shares, or 2.14% of its outstanding stock excluding treasury shares, with a maximum acquisition cost of ¥700 million between June 12 and June 30, 2026, via ToSTNeT-3 off-auctio...

i-mobile Reaffirms Future-Focused Vision Alongside FY2026 Q3 Results

Jun 11, 2026

i-mobile Co., Ltd. has outlined its FY2026 Q3 business results alongside a reaffirmation of its corporate philosophy and vision. The company underscores its mission to continuously create businesses that contribute to the future by improving user exp...

i-mobile Posts Higher Sales but Lower Profits, Keeps Full-Year Outlook and Lifts Dividend Forecast

Jun 11, 2026

i-mobile Co., Ltd. reported consolidated net sales of ¥19.2 billion for the nine months ended April 30, 2026, up 3.0% year on year, while operating profit fell 15.0% to ¥3.38 billion and profit attributable to owners of parent declined 16.1...

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 11, 2026