KAYAC Inc.

TSE:3904 Stock Report

Market Cap: JP¥9.3b

KAYAC Past Earnings Performance

Past criteria checks 3/6

KAYAC's earnings have been declining at an average annual rate of -11.8%, while the Entertainment industry saw earnings growing at 4.1% annually. Revenues have been growing at an average rate of 13.5% per year. KAYAC's return on equity is 11.6%, and it has net margins of 4.1%.

Key information

-11.81%

Earnings growth rate

-13.18%

EPS growth rate

Entertainment Industry Growth17.91%
Revenue growth rate13.46%
Return on equity11.64%
Net Margin4.13%
Last Earnings Update30 Sep 2025

Recent past performance updates

We Think You Can Look Beyond KAYAC's (TSE:3904) Lackluster Earnings

Apr 06
We Think You Can Look Beyond KAYAC's (TSE:3904) Lackluster Earnings

Recent updates

KAYAC Inc.'s (TSE:3904) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Nov 26
KAYAC Inc.'s (TSE:3904) Price Is Right But Growth Is Lacking After Shares Rocket 28%

We Think You Can Look Beyond KAYAC's (TSE:3904) Lackluster Earnings

Apr 06
We Think You Can Look Beyond KAYAC's (TSE:3904) Lackluster Earnings

KAYAC Inc.'s (TSE:3904) Shareholders Might Be Looking For Exit

Oct 03
KAYAC Inc.'s (TSE:3904) Shareholders Might Be Looking For Exit

Some May Be Optimistic About KAYAC's (TSE:3904) Earnings

Aug 27
Some May Be Optimistic About KAYAC's (TSE:3904) Earnings

KAYAC (TSE:3904) Has A Pretty Healthy Balance Sheet

Aug 07
KAYAC (TSE:3904) Has A Pretty Healthy Balance Sheet

Revenue & Expenses Breakdown

How KAYAC makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:3904 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2518,9807839,6620
30 Jun 2517,8484779,3370
31 Mar 2517,4844239,1470
31 Dec 2416,7271498,6670
30 Sep 2416,842348,5360
30 Jun 2417,0572228,3670
31 Mar 2417,1583868,2960
31 Dec 2317,4675118,2030
30 Sep 2317,5576227,9300
30 Jun 2316,6605747,3970
31 Mar 2316,6587906,9300
31 Dec 2216,5027836,7030
30 Sep 2215,1378776,1120
30 Jun 2214,8329095,9270
31 Mar 2213,8087685,4230
31 Dec 2112,5668294,7890
30 Sep 2111,4856664,3020
30 Jun 2110,2387583,7230
31 Mar 219,1707363,3680
31 Dec 208,7495053,2140
30 Sep 208,0773712,7200
30 Jun 207,5571282,4950
31 Mar 207,389-1202,2240
31 Dec 196,382-3041,8360
30 Sep 196,102-2661,6970
30 Jun 195,973-5451,7650
31 Mar 195,779-4001,7090
31 Dec 185,816-2531,7090
30 Sep 185,988-1271,7970
30 Jun 186,2352221,7200
31 Mar 186,0903321,6770
31 Dec 176,0875071,6060
30 Sep 175,9437061,6240
30 Jun 175,6586621,6300
31 Mar 175,7816031,7330
31 Dec 165,4974771,7180
31 Dec 153,7052611,0340

Quality Earnings: 3904 has a large one-off gain of ¥284.0M impacting its last 12 months of financial results to 30th September, 2025.

Growing Profit Margin: 3904's current net profit margins (4.1%) are higher than last year (0.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 3904's earnings have declined by 11.8% per year over the past 5 years.

Accelerating Growth: 3904's earnings growth over the past year (2202.9%) exceeds its 5-year average (-11.8% per year).

Earnings vs Industry: 3904 earnings growth over the past year (2202.9%) exceeded the Entertainment industry 29.6%.

Return on Equity

High ROE: 3904's Return on Equity (11.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/28 21:43
End of Day Share Price 2025/11/28 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

KAYAC Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Satoshi TanakaDaiwa Securities Co. Ltd.
Kaname FujitaIchiyoshi Research Institute Inc.