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NCXX Group, Inc. (JP:6634)
:6634
Japanese Market
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NCXX Group, Inc. (6634) AI Stock Analysis

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JP:6634

NCXX Group, Inc.

(6634)

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Neutral 44 (OpenAI - Gpt-5.6Sol)
Rating:44Neutral
Price Target:
¥69.00
▼(-47.73% Downside)
Action:Reiterated
Date:07/04/26
The score is held down primarily by weak financial performance—multi-year losses, margin compression, rising leverage, and consistently negative cash flow with heavy recent cash burn. Technicals are mixed (short-term improvement but negative momentum and below longer-term averages). Valuation offers limited support due to negative earnings and no dividend yield data.
Positive Factors
Revenue Growth
The reported 28.1% revenue-growth measure shows that NCXX has expanded its top line materially. If this growth converts into better operating leverage, it could provide a broader revenue base, support scale benefits, and create a foundation for improving earnings over the next several quarters.
Negative Factors
Persistent Losses and Margin Compression
Rapid revenue growth is not currently translating into profitable operations. The shift from strong 2022 profitability to sizable losses through 2025, alongside major gross-margin compression, suggests weaker economics or cost pressure that could persist and limit the value of further sales growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
The reported 28.1% revenue-growth measure shows that NCXX has expanded its top line materially. If this growth converts into better operating leverage, it could provide a broader revenue base, support scale benefits, and create a foundation for improving earnings over the next several quarters.
Read all positive factors

NCXX Group, Inc. (6634) vs. iShares MSCI Japan ETF (EWJ)

NCXX Group, Inc. Business Overview & Revenue Model

Company Description
JN Group Inc. operates metaverse digital content, IoT solutions, and crypto asset and blockchain business in Japan, Hong Kong, and internationally. It engages in the planning, development, and sale of nursing care and AI robots; and agricultural I...

NCXX Group, Inc. Financial Statement Overview

Summary
Despite very strong recent revenue growth, profitability has deteriorated into sizable multi-year losses with meaningful gross margin compression. Balance-sheet risk increased as debt-to-equity rose sharply in 2025 (~1.44x). Cash flow is the biggest concern: operating cash flow and free cash flow are consistently negative, with exceptionally large cash burn in 2025, increasing reliance on external financing.
Income Statement
22
Negative
Balance Sheet
38
Negative
Cash Flow
12
Very Negative
BreakdownTTMNov 2025Nov 2024Nov 2023Nov 2022Nov 2021
Income Statement
Total Revenue3.77B3.56B2.13B866.69M2.76B4.85B
Gross Profit1.30B1.24B446.61M273.35M1.63B2.67B
EBITDA-174.49M-663.18M-79.01M-514.84M913.26M416.90M
Net Income-911.10M-728.09M-289.69M-657.69M806.69M303.94M
Balance Sheet
Total Assets83.54B134.71B5.94B3.08B3.54B4.54B
Cash, Cash Equivalents and Short-Term Investments1.13B1.47B1.25B587.17M562.09M769.30M
Total Debt2.90B4.20B326.88M11.00M78.12M1.48B
Total Liabilities80.98B131.68B1.61B118.65M227.92M3.59B
Stockholders Equity2.48B2.92B4.33B2.96B3.31B844.98M
Cash Flow
Free Cash Flow-35.28B10.22M-365.67M-146.25M-272.16M-206.80M
Operating Cash Flow-35.23B59.64M-354.28M-98.55M-266.48M-164.81M
Investing Cash Flow391.56M391.56M-296.93M188.93M-354.59M637.79M
Financing Cash Flow-91.80M-91.80M28.21M-66.77M308.36M-735.57M

NCXX Group, Inc. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price132.00
Price Trends
50DMA
71.72
Negative
100DMA
73.80
Negative
200DMA
93.81
Negative
Market Momentum
MACD
0.38
Positive
RSI
49.03
Neutral
STOCH
33.49
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6634, the sentiment is Negative. The current price of 132 is above the 20-day moving average (MA) of 71.75, above the 50-day MA of 71.72, and above the 200-day MA of 93.81, indicating a bearish trend. The MACD of 0.38 indicates Positive momentum. The RSI at 49.03 is Neutral, neither overbought nor oversold. The STOCH value of 33.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6634.

NCXX Group, Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
¥50.67B16.342.12%4.53%36.26%
72
Outperform
¥26.21B7.8816.04%3.14%>-0.01%-7.51%
69
Neutral
¥38.53B2.284.84%-2.98%322.40%
65
Neutral
¥5.62B17.924.13%-6.78%126.06%
59
Neutral
¥222.82B8.7215.75%2.53%-3.84%183.41%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
44
Neutral
¥3.28B-2.9428.08%30.45%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:6634
NCXX Group, Inc.
71.00
-80.00
-52.98%
JP:6835
Allied Telesis Holdings KK
252.00
50.13
24.83%
JP:6703
OKI Electric Industry Company
2,573.00
905.47
54.30%
JP:6675
SAXA Holdings, Inc.
2,102.00
409.71
24.21%
JP:6778
Artiza Networks, Inc.
606.00
-4.87
-0.80%
JP:6820
Icom Incorporated
3,530.00
551.02
18.50%
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: Jul 04, 2026