VALUE GOLF Inc. logo

VALUE GOLF Inc.

3931.T

JPXTechnologySoftware - Application

Latest quote

¥1,512

−¥11.00 · -0.72%

Aug 24, 2:57 PM JST

3931.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

VALUE GOLF Inc., together with its subsidiaries, operates golf, travel, and advertising media production business in Japan. It offers ASP services, advertising promotion, and support and e-commerce services. The company also provides travel planning services for the golfers, which include business and organized trips. In addition, it offers advertising production work related to recruitment and bridal, such as interviews, progression, manuscript creation, proofreading, and image processing services. The company was incorporated in 2004 and is headquartered in Minato, Japan.

Industry
Software - Application
Sector
Technology
Headquarters
JP
CEO
Michio Mizuguchi
Listed since
Mar 3, 2016
Employees
77

Market position

Day range

Current ¥1,512

52-week range

Current ¥1,512

Open
¥1,524
Previous close
¥1,523
Volume
1.7K
0.41× average
Average volume
4.16K
Average daily volume
Market cap
2.73B JPY
Beta
0.12
Market reference 1
50-day average
¥1,751.68
-13.68% below average
200-day average
¥1,662.72
-9.06% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.47B JPY
P/E (TTM)
-284.75×
P/B (TTM)
2.62×
P/S (TTM)
0.62×
EV / EBITDA
61.6×
Earnings yield
-0.69%
Free cash flow yield
-17.22%
Dividend yield
1.65%

Profitability & efficiency

Gross margin
34.94%
Operating margin
1.28%
Net margin
-0.22%
Return on equity
-1.83%
Return on assets
-0.61%
Return on invested capital
2.12%

Financial health

Debt / equity
1.49×
Current ratio
1.4×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends39%25%10%-4%Gross margin, FY2021: 35.17%Gross margin, FY2022: 33.39%Gross margin, FY2023: 35.53%Gross margin, FY2024: 35.61%Gross margin, FY2025: 35.05%Operating margin, FY2021: 4.70%Operating margin, FY2022: 5.28%Operating margin, FY2023: 1.72%Operating margin, FY2024: 2.18%Operating margin, FY2025: 1.20%Net margin, FY2021: 2.89%Net margin, FY2022: 2.58%Net margin, FY2023: 0.62%Net margin, FY2024: 0.13%Net margin, FY2025: -0.44%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 35.17%. Gross margin FY2022 33.39%. Gross margin FY2023 35.53%. Gross margin FY2024 35.61%. Gross margin FY2025 35.05%. Operating margin FY2021 4.70%. Operating margin FY2022 5.28%. Operating margin FY2023 1.72%. Operating margin FY2024 2.18%. Operating margin FY2025 1.20%. Net margin FY2021 2.89%. Net margin FY2022 2.58%. Net margin FY2023 0.62%. Net margin FY2024 0.13%. Net margin FY2025 -0.44%.

Income trends

Revenue

4.43B JPY+7.25%

Operating income

53.13M JPY-40.98%

Net income

−19.48M JPY−24.99M JPY
Income trends across reported periods4.89B JPY3.1B JPY1.32B JPY−465.82M JPYRevenue, FY2021: 4.28B JPYRevenue, FY2022: 4.44B JPYRevenue, FY2023: 3.66B JPYRevenue, FY2024: 4.13B JPYRevenue, FY2025: 4.43B JPYOperating income, FY2021: 201.52M JPYOperating income, FY2022: 234.45M JPYOperating income, FY2023: 62.91M JPYOperating income, FY2024: 90.03M JPYOperating income, FY2025: 53.13M JPYNet income, FY2021: 123.85M JPYNet income, FY2022: 114.84M JPYNet income, FY2023: 22.69M JPYNet income, FY2024: 5.52M JPYNet income, FY2025: −19.48M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 4.28B JPY. Revenue FY2022 4.44B JPY. Revenue FY2023 3.66B JPY. Revenue FY2024 4.13B JPY. Revenue FY2025 4.43B JPY. Operating income FY2021 201.52M JPY. Operating income FY2022 234.45M JPY. Operating income FY2023 62.91M JPY. Operating income FY2024 90.03M JPY. Operating income FY2025 53.13M JPY. Net income FY2021 123.85M JPY. Net income FY2022 114.84M JPY. Net income FY2023 22.69M JPY. Net income FY2024 5.52M JPY. Net income FY2025 −19.48M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue4.43B JPY4.13B JPY3.66B JPY4.44B JPY4.28B JPY
Cost of goods sold2.88B JPY2.66B JPY2.36B JPY2.96B JPY2.78B JPY
Gross profit1.55B JPY1.47B JPY1.3B JPY1.48B JPY1.51B JPY
Selling, general, and administrative1.5B JPY1.38B JPY1.24B JPY1.25B JPY1.3B JPY
Operating expenses1.5B JPY1.38B JPY1.24B JPY1.25B JPY1.3B JPY
Interest income1.68M JPY383K JPY397K JPY406K JPY212K JPY
Interest expense18.29M JPY10.72M JPY7.92M JPY7.43M JPY6.04M JPY
Depreciation and amortization47.06M JPY44.73M JPY14.47M JPY11.49M JPY28.92M JPY
Operating income53.13M JPY90.03M JPY62.91M JPY234.45M JPY201.52M JPY
Net income−19.48M JPY5.52M JPY22.69M JPY114.84M JPY123.85M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
10.14

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates17.610.22-17.18-34.57Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Sep 13, 2024: actual 3.82, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 13, 2024: actual 14.01, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 14, 2025: actual -27.72, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 13, 2025: actual 4.68, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 12, 2025: actual 12.03, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 12, 2025: actual 3.48, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 13, 2026: actual -30.97, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 12, 2026: actual 10.14, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.25B1.16B1.06B969.92MQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Sep 13, 2024: actual 1.07B JPY, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 13, 2024: actual 1.03B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 14, 2025: actual 1.02B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 13, 2025: actual 1.2B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 12, 2025: actual 1.15B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 12, 2025: actual 1.06B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 13, 2026: actual 1.02B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 12, 2026: actual 1.19B JPY, estimate —, surprise —, Comparison unavailable.

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