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Akatsuki Inc. (3932.T)

JPY2,923.00 +46.00 (+1.60%)
JP JPX Technology Electronic Gaming & Multimedia
Address 2-13-30 Oak Meguro 141-0021
Tokyo, JP
CEO Tetsuro Koda
Website aktsk.jp
IPO 2016-03-17
ISIN JP3107000006

Explore sections of this company profile

Also trades on Other OTC · AKAFF (USD) Tokyo Stock Exchange · 3932.T (JPY)
Description

Established in 2010 and based in Tokyo, Japan, Akatsuki Inc. primarily engages in the creation of mobile games and the provision of various live experiences across the country. Beyond its game development efforts, the company manages an extensive array of services. These include Asobuild, a platform for entertainment facility services; Pong!Pong!, which offers interactive ping pong activities enhanced by projection mapping; Sotoasobi, a reservation service for outdoor and leisure pursuits; and Daigomi, a chain of cheese restaurants. Furthermore, Akatsuki offers Crayon, a support service for app development catering to artists, creators, and athletes. It also oversees a media franchise project featuring jazz-themed music and audio dramas, and operates the Kumarba Channel, an educational and entertainment program distributed via YouTube.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY2,923.00 +46.00 (+1.60%)
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Volume Profile
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Liquidity & share structure
Average Volume
77.4K
Beta
0.52
Float Shares
7.77M
Free Float %
53.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.20% +4.45% +2.14% +2.96% +13.94% +11.37% -1.56% +28.66% -18.40% -54.84% +64.15%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2,923.00
DCF (Unlevered) 4,655.90 +59.3%
DCF (Levered) 4,768.84 +63.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.96
Safe zone
Piotroski F-Score
3 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Electronic Gaming & Multimedia: +4.1%
    +9.3% Q1'26: +24.9% (vs Q1'25)
  • EPS growth Electronic Gaming & Multimedia: +20.0%
    +243.4% Q1'26: +207.5% (vs Q1'25)
  • FCF margin FCF growth · Electronic Gaming & Multimedia: +41.4%
    +14.7% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Electronic Gaming & Multimedia: +10.3%
    +28.8% Q1'26: +46.8% (vs Q1'25)
  • ROIC Electronic Gaming & Multimedia: +6.6%
    +19.1% Q1'26: +44.0% (vs Q1'25)
  • Share dilution Electronic Gaming & Multimedia: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Electronic Gaming & Multimedia: -1.53×
    1.48× Q1'26: 0.64× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.80) × ERP
WACC = 79% × Ke + 21% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 4,661.98 Current price: 2,923.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
2 Rev. Ana.
2 EPS Ana.
Mar 2027
2 Rev. Ana.
2 EPS Ana.
Mar 2028
2 Rev. Ana.
2 EPS Ana.
Revenue
5.95B
est: 5.70B (+4.5%)
11.55B
est: 10.00B (+15.5%)
21.93B
est: 22.08B (-0.7%)
28.13B
est: 26.28B (+7.0%)
32.05B
est: 32.10B (-0.2%)
31.10B
est: 32.51B (-4.3%)
26.27B
est: 26.35B (-0.3%)
24.34B
est: 24.81B (-1.9%)
23.97B
est: 24.49B (-2.1%)
23.65B
est: 24.35B (-2.9%)
24.90B
24.80B – 25.00B
+2.3% YoY
25.85B
25.20B – 26.50B
+3.8% YoY
29.20B
26.20B – 32.20B
+13.0% YoY
EBITDA
2.27B
est: 1.20B (+89.5%)
4.94B
est: 2.10B (+135.3%)
11.04B
est: 4.64B (+138.0%)
13.90B
est: 5.52B (+151.9%)
11.45B
est: 6.74B (+69.8%)
11.41B
est: 6.83B (+67.1%)
7.61B
est: 5.54B (+37.5%)
5.85B
est: 5.21B (+12.2%)
2.85B
est: 5.50B (-48.2%)
4.04B
est: 5.47B (-26.2%)
5.59B
5.57B – 5.62B
+2.3% YoY
5.81B
5.66B – 5.95B
+3.8% YoY
6.56B
5.89B – 7.23B
+13.0% YoY
EBIT
2.15B
est: 1.16B (+85.2%)
4.75B
est: 2.03B (+133.5%)
10.54B
est: 4.49B (+134.5%)
13.64B
est: 5.35B (+155.0%)
11.05B
est: 6.53B (+69.3%)
11.15B
est: 6.61B (+68.6%)
7.45B
est: 5.36B (+38.9%)
5.70B
est: 5.05B (+12.9%)
2.68B
est: 5.31B (-49.5%)
3.92B
est: 5.27B (-25.7%)
5.39B
5.37B – 5.41B
+2.3% YoY
5.60B
5.46B – 5.74B
+3.8% YoY
6.32B
5.67B – 6.97B
+13.0% YoY
Net Income
1.11B
est: 1.14B (-2.4%)
3.29B
est: 1.92B (+71.7%)
6.08B
est: 6.24B (-2.5%)
7.86B
est: 7.64B (+2.8%)
6.62B
est: 7.45B (-11.1%)
6.35B
est: 8.09B (-21.5%)
5.19B
est: 5.38B (-3.4%)
1.34B
est: 3.68B (-63.5%)
1.29B
est: 1.94B (-33.5%)
1.65B
est: 3.03B (-45.6%)
4.20B
3.84B – 4.56B
+38.8% YoY
5.00B
4.80B – 5.20B
+19.1% YoY
5.50B
5.03B – 5.97B
+10.0% YoY
SGA
1.25B
est: 1.48B (-15.3%)
2.40B
est: 2.60B (-7.6%)
3.68B
est: 5.74B (-35.9%)
5.53B
est: 6.83B (-19.0%)
7.98B
est: 8.34B (-4.4%)
6.44B
est: 8.45B (-23.7%)
5.87B
est: 6.85B (-14.2%)
4.91B
est: 6.45B (-23.9%)
6.07B
est: 5.52B (+9.9%)
4.60B
est: 5.49B (-16.3%)
5.61B
5.59B – 5.64B
+2.3% YoY
5.83B
5.68B – 5.98B
+3.8% YoY
6.58B
5.91B – 7.26B
+13.0% YoY
EPS
97.85
est: 79.05 (+23.8%)
243.11
est: 133.00 (+82.8%)
445.23
est: 433.13 (+2.8%)
567.62
est: 530.16 (+7.1%)
476.25
est: 516.93 (-7.9%)
453.82
est: 561.14 (-19.1%)
381.62
est: 372.98 (+2.3%)
98.95
est: 255.04 (-61.2%)
103.95
est: 134.20 (-22.5%)
114.15
est: 209.75 (-45.6%)
291.20
266.10 – 316.30
+38.8% YoY
346.70
332.80 – 360.60
+19.1% YoY
381.40
348.53 – 414.27
+10.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-05-14 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-13 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-12 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-11 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-08 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-07 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-01 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-04-30 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-04-28 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-04-27 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-04-24 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-04-23 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-04-22 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-04-21 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-04-20 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-04-17 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-04-16 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
3.31M
OE per share TTM
0.29
Owner's Yield
0.01%
Maintenance CapEx ratio
1.14%
Maint CapEx / Avg PPE
3.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 25 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P International Small Cap ETF GWX 0.00% 41.6K 0.40%
2 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.00% 672.8K 0.06%
3 Schwab International Small-Cap Equity ETF SCHC 0.00% 250.1K 0.06%
4 Avantis International Small Cap Equity ETF AVDS 0.00% 10.9K 0.30%
5 Avantis Responsible International Equity ETF AVSD 0.00% 12.7K 0.23%
6 iShares Core TOPIX ETF 1475.T 0.00% 424.7K 0.05%
7 Amundi Japan TOPIX II UCITS ETF EUR Dist JPNU.L 0.00% 9.4K 0.45%
8 Vanguard FTSE Pacific ETF VPL 0.00% 162.7K 0.07%
9 Vanguard FTSE Developed Asia Pacific All Cap Index ETF VA.TO 0.00% 2.0K 0.22%
10 Avantis International Equity ETF AVDE 0.00% 130.5K 0.23%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
13.81M
Shares Outstanding
14.42M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Fumiaki Tokuyama Executive Officer & IT Department Head male
Hiroto Ameno Executive Officer & Head of the legal Division male
Kazuhiro Ishikura Executive Vice President, Chief Financial Officer, CSO & Director male
Taisei Yamazaki Director at Dawn Capital male
Tetsuro Koda Co-Founder, Chairman, Chief Executive Officer & President male
Yasushi Hayami Executive Officer & Chief Human Resources Officer male
Yuji Kumagai Vice President of Heart Driven Fund male
Yusuke Tanaka Chief Technology Officer & Chief Information Security Officer
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits