Want to see JP:6696 full AI Analyst Report?
Top Page
TRaaS On Product Inc.
(6696)
Select Model
Select Model
Rating:43Neutral
Price Target:
¥254.00
▼(-16.45% Downside)
Action:Reiterated
Date:10/10/26
The score is held down primarily by weak financial performance—loss-making profitability and a return to negative operating and free cash flow—creating elevated execution and funding risk. Technicals add additional pressure with the stock trading below key moving averages and negative momentum indicators. Valuation metrics are not supportive because the negative P/E reflects ongoing losses and there is no dividend yield data to offset risk.
Positive Factors
Revenue rebound
The 18.1% revenue rebound demonstrates that demand can recover after a weak period, providing a foundation for future operating improvement. Although performance has been volatile, renewed top-line growth can support scale benefits and give management a larger revenue base from which to restore profitability.
Negative Factors
Persistent unprofitability
The return to a -12.7% net margin and -7.4% EBIT margin shows that revenue recovery has not translated into sustainable profitability. Continued operating losses can consume financial resources, limit reinvestment capacity, and make future performance dependent on a successful improvement in cost control and business execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue rebound
The 18.1% revenue rebound demonstrates that demand can recover after a weak period, providing a foundation for future operating improvement. Although performance has been volatile, renewed top-line growth can support scale benefits and give management a larger revenue base from which to restore profitability.
Read all positive factors
TRaaS On Product Inc. (6696) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥1.28B
Dividend YieldN/A
Average Volume (3M)14.83K
Price to Earnings (P/E)―
Beta (1Y)0.93
Revenue Growth-17.76%
EPS Growth-702.56%
CountryJP
Employees25
SectorGeneral
Sector StrengthN/A
IndustryCommunication Equipment
Share Statistics
EPS (TTM)-13.83
Shares Outstanding4,826,991
10 Day Avg. Volume14,760
30 Day Avg. Volume14,833
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)5.40
Price to Sales (P/S)3.90
P/FCF Ratio-57.03
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
TRaaS On Product Inc. Business Overview & Revenue Model
Company Description
TRaaS On Product Inc. specializes in the development and sale of various devices that leverage artificial intelligence (AI) and the Internet of Things (IoT) to establish digital connections between people and physical objects. Among its diverse pr...
TRaaS On Product Inc. Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
62
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 230.87M | 485.94M | 411.49M | 310.96M | 496.49M | 404.57M |
| Gross Profit | 99.12M | 222.10M | 237.74M | 169.16M | 235.23M | 81.21M |
| EBITDA | -21.29M | 3.19M | 29.51M | -67.32M | -8.14M | -436.91M |
| Net Income | -66.73M | -61.63M | 2.35M | -85.81M | -16.80M | -517.84M |
Balance Sheet | ||||||
| Total Assets | 488.21M | 564.30M | 542.47M | 513.34M | 527.91M | 298.88M |
| Cash, Cash Equivalents and Short-Term Investments | 302.07M | 279.25M | 314.85M | 330.10M | 388.68M | 120.10M |
| Total Debt | 146.67M | 151.67M | 60.00M | 60.23M | 158.62M | 61.98M |
| Total Liabilities | 179.18M | 213.39M | 130.40M | 105.23M | 200.01M | 89.71M |
| Stockholders Equity | 309.03M | 350.92M | 412.07M | 408.11M | 327.90M | 209.17M |
Cash Flow | ||||||
| Free Cash Flow | -30.08M | -33.25M | 24.39M | -128.24M | -1.29M | -301.06M |
| Operating Cash Flow | -26.72M | -29.89M | 28.02M | -72.56M | 18.13M | -263.08M |
| Investing Cash Flow | -97.85M | -97.85M | -45.20M | -53.96M | 24.25M | 89.46M |
| Financing Cash Flow | 92.15M | 92.15M | 1.39M | 67.83M | 225.22M | -40.08M |
TRaaS On Product Inc. Technical Analysis
Negative
304.00
Price Trends
303.94
Negative
290.95
Negative
327.67
Negative
Market Momentum
-11.31
Positive
37.59
Neutral
24.29
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6696, the sentiment is Negative. The current price of 304 is above the 20-day moving average (MA) of 286.35, above the 50-day MA of 303.94, and below the 200-day MA of 327.67, indicating a bearish trend. The MACD of -11.31 indicates Positive momentum. The RSI at 37.59 is Neutral, neither overbought nor oversold. The STOCH value of 24.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6696.
TRaaS On Product Inc. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥52.10B | 16.92 | ― | 2.37% | 4.53% | 36.26% | |
74 Outperform | ¥42.68B | 13.55 | ― | 4.85% | 0.84% | 22.33% | |
72 Outperform | ¥31.62B | 9.66 | 16.04% | 2.89% | >-0.01% | -7.51% | |
65 Neutral | ¥5.71B | 18.13 | ― | 4.03% | -6.78% | 126.04% | |
59 Neutral | ¥211.04B | 8.44 | 15.75% | 2.60% | -3.84% | 183.41% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
43 Neutral | ¥1.28B | -11.20 | ― | ― | -17.76% | -702.56% |
* General Sector Average
JP:6696
TRaaS On Product Inc.
265.00
-113.00
-29.89%
JP:6835
Allied Telesis Holdings KK
304.00
97.36
47.12%
JP:6703
OKI Electric Industry Company
2,437.00
619.20
34.06%
JP:6718
Aiphone Co., Ltd.
2,708.00
-31.26
-1.14%
JP:6778
Artiza Networks, Inc.
616.00
24.37
4.12%
JP:6820
Icom Incorporated
3,630.00
603.51
19.94%
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.