TB Group Inc. (6775) AI Stock Analysis

TB Group Inc.

(TSE/TYO:6775)

Select Model

Rating:49Neutral

Price Target:JPY 115.00▼(-0.86% Downside)

Action:reiterated

Date:08/28/26

The score is held down primarily by weak financial performance: ongoing losses, declining revenue, and sustained cash burn, with moderate leverage adding balance-sheet risk if losses persist. Technical indicators are a relative positive (price above key moving averages with positive MACD), but they do not outweigh the fundamental and cash-flow concerns. Valuation is also constrained by the negative P/E and lack of dividend support.

Positive Factors

Gross MarginA gross margin in the mid-50% range shows that the company retains meaningful economics on its products before operating expenses. If management can control costs and restore revenue stability, this margin base could support a recovery in operating profitability over the next several quarters.

Negative Factors

Declining Revenue and LossesDeclining revenue combined with operating losses signals that the current business model is not converting sales into sustainable earnings. Continued losses can reduce internal funding capacity, constrain investment, and make a durable recovery dependent on reversing both demand weakness and operating-cost pressure.

TB Group Inc. (6775) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 1.72B
Dividend Yield: ―
Average Volume (3M): 337.96K
Price to Earnings (P/E): -5.6
Beta (1Y): 1.20
Revenue Growth: -4.35%
EPS Growth: -98.25%
Country: Japan
Employees: 118
Sector: Technology
Sector Strength: 61
Industry: Hardware, Equipment & Parts

TB Group Inc. Business Overview & Revenue Model

Company Description

TB Group Inc. operates across various sectors, focusing on LED lighting and ecological solutions, digital signage, electronic payment systems, and retail store automation. The company offers a diverse portfolio of products, including LED display pane...

TB Group Inc. Financial Statement Overview

Summary

Overall fundamentals are weak. Revenue declined (-7.2% TTM) and the company remains loss-making with a net margin around -12.7% TTM and negative operating profit despite solid gross margins. Cash flow is a major risk with materially negative operating cash flow and free cash flow (about -¥165M and -¥180M TTM). The balance sheet is moderately leveraged (debt-to-equity ~0.90) and persistent losses are reflected in very poor returns on equity (about -59.6% TTM).

Income Statement

26Negative

Balance Sheet

48Neutral

Cash Flow

22Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	2.28B	2.46B	2.33B	2.30B	2.35B	2.42B
Gross Profit	1.29B	1.39B	1.32B	1.32B	1.26B	1.28B
EBITDA	-139.95M	-52.68M	-165.68M	-181.13M	-222.30M	-224.25M
Net Income	-290.61M	-195.07M	-193.50M	-244.32M	-245.28M	-217.03M
Balance Sheet
Total Assets	1.31B	1.38B	1.56B	1.57B	1.68B	1.56B
Cash, Cash Equivalents and Short-Term Investments	302.42M	262.73M	256.77M	325.92M	485.94M	440.12M
Total Debt	427.27M	438.19M	553.12M	357.69M	358.80M	345.29M
Total Liabilities	836.99M	899.98M	957.69M	771.82M	770.27M	753.10M
Stockholders Equity	476.52M	479.61M	604.52M	798.16M	904.12M	804.86M
Cash Flow
Free Cash Flow	-179.66M	-6.11M	-252.64M	-293.89M	-316.13M	-299.85M
Operating Cash Flow	-164.66M	7.92M	-239.96M	-271.29M	-299.21M	-291.48M
Investing Cash Flow	118.52M	114.93M	-17.03M	-26.42M	-26.36M	-10.14M
Financing Cash Flow	47.12M	-114.94M	187.67M	136.36M	370.48M	342.52M

TB Group Inc. Technical Analysis

Technical Analysis SentimentNegative

Last Price116.00

Price Trends

50DMA127.26Negative

100DMA123.86Negative

200DMA127.49Negative

Market Momentum

MACD-3.29Positive

RSI35.33Neutral

STOCH20.94Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6775, the sentiment is Negative. The current price of 116.00 is below the 20-day moving average (MA) of 129.40, below the 50-day MA of 127.26, and below the 200-day MA of 127.49, indicating a bearish trend. The MACD of -3.29 indicates Positive momentum. The RSI at 35.33 is Neutral, neither overbought nor oversold. The STOCH value of 20.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6775.

TB Group Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

JP:6775 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:2479	75Outperform	JPY 1.81B	10.67	―	5.70%	1.37%	-19.23%
JP:4240	72Outperform	JPY 3.94B	32.98	―	1.02%	14.78%	-20.71%
JP:6867	63Neutral	JPY 1.73B	-11.76	―	3.72%	-3.42%	-3951.95%
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
JP:6977	54Neutral	JPY 2.35B	-9.96	―	1.32%	2.86%	37.26%
JP:6775	49Neutral	JPY 1.70B	-5.57	―	―	-4.35%	-98.25%
JP:6663	49Neutral	JPY 1.81B	7.45	―	2.01%	19.01%	―

* Technology Sector Average

Performance Comparison

JP:6775 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:6775	TB Group Inc.	116.00	-8.00	-6.45%
JP:2479	JTEC Corporation	228.00	-5.56	-2.38%
JP:4240	Cluster Technology Co., Ltd.	589.00	265.42	82.02%
JP:6663	TAIYO TECHNOLEX CO. LTD.	299.00	28.62	10.59%
JP:6867	Leader Electronics Corp.	403.00	-94.32	-18.97%
JP:6977	Japan Resistor Mfg.Co.	1898.00	973.99	105.41%

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: Aug 28, 2026

TB Group Inc. AI Stock Analysis