Voltage Incorporation logo

Voltage Incorporation

3639.T

JPXTechnologyElectronic Gaming & Multimedia

Latest quote

¥223

−¥1.00 · -0.45%

Aug 24, 3:30 PM JST

3639.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Voltage Incorporation focuses on the comprehensive lifecycle management of mobile entertainment, spanning everything from initial concept and design to development, production, and ongoing operation, catering to both the Japanese market and an international user base. The company also strategically capitalizes on its intellectual properties to create, produce, and commercialize various products such as event-specific merchandise, video content, movies, and musical works. Additionally, it develops cutting-edge content incorporating virtual reality (VR) and augmented reality (AR) technologies. Furthermore, Voltage manages an online platform for digital comic books and is involved in the creation and distribution of its proprietary branded content. Established in 1999, the firm's primary operations are situated in Tokyo, Japan.

Industry
Electronic Gaming & Multimedia
Sector
Technology
Headquarters
JP
CEO
Yuzi Tsutani
Listed since
Jun 11, 2010
Employees
143

Market position

Day range

Current ¥223

52-week range

Current ¥223

Open
¥224
Previous close
¥224
Volume
203K
21.5× average
Average volume
9.44K
Average daily volume
Market cap
1.45B JPY
Beta
0.37
Market reference 1
50-day average
¥223.86
-0.38% below average
200-day average
¥244.8
-8.90% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
805.15M JPY
P/E (TTM)
-17.97×
P/B (TTM)
0.64×
P/S (TTM)
0.61×
EV / EBITDA
-6.29×
Earnings yield
-5.83%
Free cash flow yield
-8.59%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
46.58%
Operating margin
-7.34%
Net margin
-3.41%
Return on equity
-3.58%
Return on assets
-2.85%
Return on invested capital
-7.19%

Financial health

Debt / equity
0.04×
Current ratio
4.05×
Altman Z-score
2.54
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends65%39%12%-14%Gross margin, FY2021: 58.35%Gross margin, FY2022: 57.27%Gross margin, FY2023: 52.98%Gross margin, FY2024: 52.34%Gross margin, FY2025: 46.58%Operating margin, FY2021: -6.73%Operating margin, FY2022: -1.99%Operating margin, FY2023: -2.73%Operating margin, FY2024: 0.52%Operating margin, FY2025: -7.34%Net margin, FY2021: -7.64%Net margin, FY2022: -0.92%Net margin, FY2023: 0.15%Net margin, FY2024: 0.47%Net margin, FY2025: -3.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 58.35%. Gross margin FY2022 57.27%. Gross margin FY2023 52.98%. Gross margin FY2024 52.34%. Gross margin FY2025 46.58%. Operating margin FY2021 -6.73%. Operating margin FY2022 -1.99%. Operating margin FY2023 -2.73%. Operating margin FY2024 0.52%. Operating margin FY2025 -7.34%. Net margin FY2021 -7.64%. Net margin FY2022 -0.92%. Net margin FY2023 0.15%. Net margin FY2024 0.47%. Net margin FY2025 -3.41%.

Income trends

Revenue

2.37B JPY-16.03%

Operating income

−173.7M JPY−188.29M JPY

Net income

−80.69M JPY−94M JPY
Income trends across reported periods5.97B JPY3.65B JPY1.33B JPY−992.63M JPYRevenue, FY2021: 5.39B JPYRevenue, FY2022: 4.26B JPYRevenue, FY2023: 3.46B JPYRevenue, FY2024: 2.82B JPYRevenue, FY2025: 2.37B JPYOperating income, FY2021: −362.81M JPYOperating income, FY2022: −84.84M JPYOperating income, FY2023: −94.36M JPYOperating income, FY2024: 14.58M JPYOperating income, FY2025: −173.7M JPYNet income, FY2021: −412.17M JPYNet income, FY2022: −39.15M JPYNet income, FY2023: 5.27M JPYNet income, FY2024: 13.31M JPYNet income, FY2025: −80.69M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.39B JPY. Revenue FY2022 4.26B JPY. Revenue FY2023 3.46B JPY. Revenue FY2024 2.82B JPY. Revenue FY2025 2.37B JPY. Operating income FY2021 −362.81M JPY. Operating income FY2022 −84.84M JPY. Operating income FY2023 −94.36M JPY. Operating income FY2024 14.58M JPY. Operating income FY2025 −173.7M JPY. Net income FY2021 −412.17M JPY. Net income FY2022 −39.15M JPY. Net income FY2023 5.27M JPY. Net income FY2024 13.31M JPY. Net income FY2025 −80.69M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue2.37B JPY2.82B JPY3.46B JPY4.26B JPY5.39B JPY
Cost of goods sold1.26B JPY1.34B JPY1.63B JPY1.82B JPY2.25B JPY
Gross profit1.1B JPY1.48B JPY1.83B JPY2.44B JPY3.15B JPY
Selling, general, and administrative1.28B JPY1.46B JPY1.93B JPY2.52B JPY3.51B JPY
Operating expenses1.28B JPY1.46B JPY1.93B JPY2.52B JPY3.51B JPY
Interest income2.67M JPY2.55M JPY1.45M JPY2.15M JPY2.53M JPY
Interest expense1.55M JPY1.29M JPY1.04M JPY1.25M JPY1.26M JPY
Depreciation and amortization45.79M JPY49.89M JPY37.89M JPY37.23M JPY34.78M JPY
Operating income−173.7M JPY14.58M JPY−94.36M JPY−84.84M JPY−362.81M JPY
Net income−80.69M JPY13.31M JPY5.27M JPY−39.15M JPY−412.17M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
2.34

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates9.622.37-4.89-12.14Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual -10.64, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 8.12, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual -0.48, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 5.07, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 13, 2025: actual -7.91, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 1.3, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual -8.2, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 13, 2026: actual 2.34, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates772.72M691.24M609.76M528.28MQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual 724M JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 743M JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 665M JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 686M JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 13, 2025: actual 592M JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 651M JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 565M JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 13, 2026: actual 558M JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Dec 28, 2010

3:1

3639.T peers

Continue in GoAI

Research 3639.T

research.disclaimer