NOVARESE,Inc. (JP:9160)
:9160
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NOVARESE,Inc.
(9160)
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Rating:66Neutral
Price Target:
¥328.00
▲(4.79% Upside)
Action:Reiterated
Date:05/17/26
The score is led by very strong valuation (very low P/E) and generally improving operating performance/leverage, but is held back by weak free-cash-flow conversion and subdued technical momentum.
Positive Factors
Revenue Growth
Sustained top-line expansion (~14.4% TTM) indicates durable demand for event services and successful market penetration. In a service business with high fixed costs, consistent revenue growth supports capacity utilization, pricing power, and long-term investment in venues and service quality.
Negative Factors
Weak Free Cash Flow Conversion
Sharp decline in free cash flow and low cash-to-earnings coverage indicate earnings are less cash-backed. That hampers the firm's ability to self-fund capex, service debt, or increase returns to shareholders, and raises execution risk if revenue or margin trends soften.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained top-line expansion (~14.4% TTM) indicates durable demand for event services and successful market penetration. In a service business with high fixed costs, consistent revenue growth supports capacity utilization, pricing power, and long-term investment in venues and service quality.
Read all positive factors
NOVARESE,Inc. (9160) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥10.81B
Dividend YieldN/A
Average Volume (3M)21.96K
Price to Earnings (P/E)5.7
Beta (1Y)0.48
Revenue Growth14.45%
EPS Growth56.01%
CountryJP
Employees1,130
SectorConsumer Cyclical
Sector Strength84
IndustryPersonal Products & Services
Share Statistics
EPS (TTM)50.13
Shares Outstanding38,204,792
10 Day Avg. Volume24,400
30 Day Avg. Volume21,960
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)0.78
Price to Sales (P/S)0.36
P/FCF Ratio3.45
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)26.7
Revenue Forecast (FY)¥40.20B
NOVARESE,Inc. Business Overview & Revenue Model
Company Description
Novarese, Inc. engages in the wedding and restaurant businesses in Japan and internationally. The company provides wedding-related services, including venue guidance, wedding day planning, food and gift selection, and day-of operations; operates d...
How the Company Makes Money
NOVARESE, Inc. generates revenue by offering comprehensive wedding and event services through its network of venues and facilities. The company earns money primarily through venue rentals, catering services, and sales of associated services, such ...
NOVARESE,Inc. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
63
Positive
Cash Flow
52
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.62B | 22.04B | 19.30B | 18.27B | 17.22B | 11.19B |
| Gross Profit | 12.51B | 12.24B | 10.86B | 10.18B | 10.14B | 6.40B |
| EBITDA | 4.91B | 4.73B | 3.82B | 3.91B | 4.93B | 2.93B |
| Net Income | 1.26B | 1.26B | 663.90M | 942.27M | 1.66B | 374.02M |
Balance Sheet | ||||||
| Total Assets | 36.46B | 36.82B | 37.13B | 34.81B | 32.51B | 32.63B |
| Cash, Cash Equivalents and Short-Term Investments | 2.24B | 3.42B | 3.55B | 1.72B | 2.80B | 2.25B |
| Total Debt | 14.21B | 12.37B | 19.35B | 18.03B | 18.71B | 22.31B |
| Total Liabilities | 26.47B | 26.71B | 28.29B | 26.63B | 25.27B | 27.04B |
| Stockholders Equity | 9.99B | 10.11B | 8.85B | 8.18B | 7.23B | 5.59B |
Cash Flow | ||||||
| Free Cash Flow | 1.05B | 2.27B | 2.50B | 1.02B | 3.26B | 2.15B |
| Operating Cash Flow | 4.21B | 4.76B | 3.89B | 3.00B | 4.62B | 2.37B |
| Investing Cash Flow | -3.33B | -2.65B | -1.45B | -2.03B | -1.34B | -253.64M |
| Financing Cash Flow | -1.75B | -2.22B | -621.47M | -2.04B | -2.73B | -2.21B |
NOVARESE,Inc. Technical Analysis
Negative
313.00
Price Trends
300.70
Negative
304.71
Negative
318.88
Negative
Market Momentum
-5.66
Positive
28.19
Positive
13.89
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9160, the sentiment is Negative. The current price of 313 is above the 20-day moving average (MA) of 291.60, above the 50-day MA of 300.70, and below the 200-day MA of 318.88, indicating a bearish trend. The MACD of -5.66 indicates Positive momentum. The RSI at 28.19 is Positive, neither overbought nor oversold. The STOCH value of 13.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9160.
NOVARESE,Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ¥27.33B | 5.08 | 21.87% | 2.14% | 12.93% | 21.43% | |
66 Neutral | ¥10.81B | 5.65 | ― | ― | 14.45% | 56.01% | |
63 Neutral | ¥3.36B | 10.34 | ― | 1.24% | 8.35% | 11.09% | |
62 Neutral | ¥30.49B | 26.24 | ― | 2.48% | -7.50% | -14.87% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | ¥17.04B | 17.04 | ― | 2.53% | 6.14% | 19.31% | |
52 Neutral | ¥9.87B | 190.67 | ― | 5.06% | ― | ― |
* Consumer Cyclical Sector Average
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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.