KAYAC Inc. logo

KAYAC Inc.

3904.T

JPXTechnologyElectronic Gaming & Multimedia

Latest quote

¥428

−¥1.00 · -0.23%

Aug 24, 10:54 AM JST

3904.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

KAYAC Inc. is a Japanese company primarily focused on the gaming industry. It manages various platforms, including Lobi, a community for gamers, and Tonamel, a system that assists organizers with managing tournaments. The company also supports esports through its Well Played brand, providing services such as event planning, management, distribution, and production. In addition to its gaming ventures, KAYAC offers Pla-cole, a matching service connecting couples with wedding planners, alongside other diverse services encompassing home funerals, real estate, and trading. The company was founded in 1998 and is headquartered in Kamakura, Japan.

Industry
Electronic Gaming & Multimedia
Sector
Technology
Headquarters
JP
CEO
Daisuke Yanasawa
Listed since
Dec 26, 2014
Employees
618

Market position

Day range

Current ¥428

52-week range

Current ¥428

Open
¥429
Previous close
¥429
Volume
4K
0.23× average
Average volume
17.2K
Average daily volume
Market cap
6.59B JPY
Beta
0.96
Market reference 1
50-day average
¥407.46
+5.04% above average
200-day average
¥456.14
-6.17% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
6.03B JPY
P/E (TTM)
12.47×
P/B (TTM)
1.11×
P/S (TTM)
0.31×
EV / EBITDA
4.25×
Earnings yield
8.49%
Free cash flow yield
6.35%
Dividend yield
0.91%

Profitability & efficiency

Gross margin
52.80%
Operating margin
5.54%
Net margin
2.52%
Return on equity
11.80%
Return on assets
5.04%
Return on invested capital
7.10%

Financial health

Debt / equity
0.45×
Current ratio
1.86×
Altman Z-score
3.27
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends60%38%17%-4%Gross margin, FY2021: 47.21%Gross margin, FY2022: 47.97%Gross margin, FY2023: 52.82%Gross margin, FY2024: 53.96%Gross margin, FY2025: 54.32%Operating margin, FY2021: 9.09%Operating margin, FY2022: 7.31%Operating margin, FY2023: 5.85%Operating margin, FY2024: 2.14%Operating margin, FY2025: 5.33%Net margin, FY2021: 6.60%Net margin, FY2022: 4.73%Net margin, FY2023: 2.93%Net margin, FY2024: 0.89%Net margin, FY2025: 3.40%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 47.21%. Gross margin FY2022 47.97%. Gross margin FY2023 52.82%. Gross margin FY2024 53.96%. Gross margin FY2025 54.32%. Operating margin FY2021 9.09%. Operating margin FY2022 7.31%. Operating margin FY2023 5.85%. Operating margin FY2024 2.14%. Operating margin FY2025 5.33%. Net margin FY2021 6.60%. Net margin FY2022 4.73%. Net margin FY2023 2.93%. Net margin FY2024 0.89%. Net margin FY2025 3.40%.

Income trends

Revenue

20.09B JPY+20.13%

Operating income

1.07B JPY+199.19%

Net income

683.92M JPY+358.84%
Income trends across reported periods22.09B JPY14.11B JPY6.13B JPY−1.85B JPYRevenue, FY2021: 12.57B JPYRevenue, FY2022: 16.5B JPYRevenue, FY2023: 17.47B JPYRevenue, FY2024: 16.73B JPYRevenue, FY2025: 20.09B JPYOperating income, FY2021: 1.14B JPYOperating income, FY2022: 1.21B JPYOperating income, FY2023: 1.02B JPYOperating income, FY2024: 358.02M JPYOperating income, FY2025: 1.07B JPYNet income, FY2021: 828.84M JPYNet income, FY2022: 779.84M JPYNet income, FY2023: 511.18M JPYNet income, FY2024: 149.05M JPYNet income, FY2025: 683.92M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 12.57B JPY. Revenue FY2022 16.5B JPY. Revenue FY2023 17.47B JPY. Revenue FY2024 16.73B JPY. Revenue FY2025 20.09B JPY. Operating income FY2021 1.14B JPY. Operating income FY2022 1.21B JPY. Operating income FY2023 1.02B JPY. Operating income FY2024 358.02M JPY. Operating income FY2025 1.07B JPY. Net income FY2021 828.84M JPY. Net income FY2022 779.84M JPY. Net income FY2023 511.18M JPY. Net income FY2024 149.05M JPY. Net income FY2025 683.92M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue20.09B JPY16.73B JPY17.47B JPY16.5B JPY12.57B JPY
Cost of goods sold9.18B JPY7.7B JPY8.24B JPY8.59B JPY6.63B JPY
Gross profit10.91B JPY9.03B JPY9.23B JPY7.92B JPY5.93B JPY
Selling, general, and administrative9.84B JPY8.67B JPY8.2B JPY6.71B JPY4.79B JPY
Operating expenses9.84B JPY8.67B JPY8.2B JPY6.71B JPY4.79B JPY
Interest income10.72M JPY956K JPY422K JPY550K JPY1.11M JPY
Interest expense26.92M JPY14M JPY7.36M JPY7.73M JPY8.22M JPY
Depreciation and amortization347.23M JPY348.9M JPY352.56M JPY250.96M JPY220.61M JPY
Operating income1.07B JPY358.02M JPY1.02B JPY1.21B JPY1.14B JPY
Net income683.92M JPY149.05M JPY511.18M JPY779.84M JPY828.84M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
1.51

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates27.9916.625.24-6.14Q4 '24Q1 '25Q2 '25Q3 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual -0.71, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 8.47, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 25.64, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 12, 2025: actual -3.79, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 18.31, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 16, 2026: actual 2.47, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 12.02, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual 1.51, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates6.11B5.38B4.65B3.92BQ4 '24Q1 '25Q2 '25Q3 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual 4.27B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 4.76B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 4.67B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 12, 2025: actual 4.16B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 5.4B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 16, 2026: actual 5.87B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 5.2B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual 5.01B JPY, estimate —, surprise —, Comparison unavailable.

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