Value Creation Co., Ltd (9238) AI Stock Analysis

• Market Cap: ¥4.01B
• Dividend Yield: 0.38%
• Average Volume (3M): 14.78K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.12
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: JP
• Employees: N/A
• Sector: Services
• Sector Strength: N/A
• Industry: Advertising Agencies
• EPS (TTM): 28.16
• Shares Outstanding: 2,300,800
• 10 Day Avg. Volume: 7,790
• 30 Day Avg. Volume: 14,776
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥1,711.00
• Price Target Upside: -1.95% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: ¥1,711.00 ▼(-1.95% Downside)

The overall stock score is primarily influenced by solid financial performance, despite high leverage and a slight decrease in net profit margin. Technical analysis indicates a bearish trend with potential for reversal. Valuation is challenging to assess due to the lack of a P/E ratio and low dividend yield.

Value Creation Co., Ltd Business Overview & Revenue Model

Company Description

Value Creation Co.,Ltd. engages in the marketing DX and digital media businesses. It also operates real estate matching platform for finding housing demolition. The company was incorporated in 2008 and is based in Shibuya, Japan.

How the Company Makes Money

Value Creation Co., Ltd generates revenue primarily through the development and leasing of real estate properties, earning income from rental fees and property sales. Additionally, the company offers investment advisory services, which contribute to its earnings through management fees and performance-based incentives. Strategic partnerships with other real estate firms and financial institutions also play a role in enhancing its revenue streams by leveraging joint ventures and co-investment opportunities to maximize returns on their real estate and investment portfolios.

Value Creation Co., Ltd Financial Statement Overview

Summary

Value Creation Co., Ltd demonstrates solid growth and profitability with strong revenue growth and positive cash flow metrics. However, high leverage and a slight decrease in net profit margin indicate areas for improvement.

Income Statement

The company has shown a strong revenue growth rate of 16.37% from 2024 to 2025, with consistent increases over the past years. Gross Profit Margin stands robust at 32.03% for 2025, indicating efficient cost management. However, the Net Profit Margin has slightly decreased to 2.52%, reflecting challenges in controlling non-operational expenses or tax burdens. Despite this, the EBITDA Margin is healthy at 4.68%, showing good operating profitability, albeit a decrease from previous periods.

Balance Sheet

The Debt-to-Equity Ratio is high at 1.19, indicating significant leverage, which poses potential risks if not managed carefully. However, the Return on Equity has improved remarkably to 14.85% in 2025, showcasing efficient use of equity capital. The Equity Ratio of 13.52% suggests a lower proportion of equity financing, indicating reliance on debt which could be risky in volatile markets.

Cash Flow

The company has a strong Free Cash Flow to Net Income Ratio of 1.57, highlighting excellent cash generation relative to net income. Despite a decline in Operating Cash Flow from the previous year, it remains positive at 230.76 million, reflecting stable operational cash generation. The Free Cash Flow Growth Rate is negative, indicating a decrease compared to the previous year, but overall cash flow management remains solid.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	820.76M	3.43B	2.95B	2.82B	2.44B
Gross Profit	296.50M	1.10B	999.13M	888.12M	633.75M
EBITDA	61.77M	160.60M	188.45M	134.73M	39.35M
Net Income	53.18M	86.37M	114.36M	86.03M	16.67M
Balance Sheet
Total Assets	4.30B	4.30B	3.63B	3.29B	3.93B
Cash, Cash Equivalents and Short-Term Investments	1.14B	1.14B	1.21B	833.15M	611.97M
Total Debt	689.75M	689.75M	723.00M	817.83M	739.12M
Total Liabilities	3.72B	3.72B	3.12B	3.14B	3.87B
Stockholders Equity	581.82M	581.82M	509.25M	147.29M	61.26M
Cash Flow
Free Cash Flow	0.00	135.94M	295.93M	144.02M	30.12M
Operating Cash Flow	0.00	230.76M	326.63M	152.10M	34.50M
Investing Cash Flow	0.00	-257.08M	-87.47M	-9.63M	1.82M
Financing Cash Flow	0.00	-47.05M	140.01M	78.71M	93.53M

Value Creation Co., Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1745.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9238, the sentiment is Positive. The current price of 1745 is above the 20-day moving average (MA) of 1631.45, above the 50-day MA of 1646.01, and above the 200-day MA of 1326.67, indicating a bullish trend. The MACD of 8.27 indicates Negative momentum. The RSI at 58.00 is Neutral, neither overbought nor oversold. The STOCH value of 73.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9238.

Value Creation Co., Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6535	81 Outperform	¥38.04B	12.80	―	3.95%	14.91%	22.07%
2389	71 Outperform	¥29.92B	19.43	4.37%	2.13%	-10.30%	-13.43%
2491	67 Neutral	¥26.01B	5.40	―	6.71%	6.24%	48.37%
7095	65 Neutral	¥33.59B	11.72	28.33%	1.57%	26.56%	31.28%
9238	61 Neutral	¥4.01B	―	―	0.38%	―	―
9235	39 Underperform	¥8.95B	-19.01	―	―	107.15%	-30.89%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Value Creation Co., Ltd Corporate Events

Value Creation Co., Ltd. Reports Strong Financial Performance for Q1 2025

Value Creation Co., Ltd. reported a significant improvement in its financial performance for the three months ended May 31, 2025, with a notable increase in net sales and profits compared to the previous year. The company’s strong financial results indicate a positive trajectory and potential for growth, which may enhance its position in the industry and benefit stakeholders.