Home / 3904.T : JPX

AI Analysis Fundamentals Valuation Video Analysis Similar

AI Analysis

How does 3904.T make money? Does 3904.T have pricing power? What's the Earnings Whisper? Will 3904.T profit more as the business scales? What is 3904.T's management track record? Is 3904.T's current price justified?

KAYAC Inc.

¥423 -$83.00 (-16.40%)

JPX · 15 Sep 2026 06:30 UTC

Previous Close

¥420

Day Range

¥414¥423

Year Range

¥374¥606

Market Cap

6.52B

AVG Volume

17.02K

Trailing/Forward PE

12.33/-

PEG ratio

0.77

Dividend Yield

0.92%

Next Earnings Date

2026-11-16

Primary Exchange

Tokyo Stock Exchange

Revenue (JPY)

3904.T Revenue (JPY) by year
Period	Revenue (JPY)
2025	20.09B
2024	16.73B
2023	17.47B
2022	16.5B
2021	12.57B
2020	8.75B
2019	6.38B
2018	5.82B
2017	6.09B
2016	5.5B

Net Income (JPY)

3904.T Net Income (JPY) by year
Period	Net Income (JPY)
2025	683.92M
2024	149.05M
2023	508.66M
2022	779.84M
2021	828.84M
2020	505.21M
2019	-304.97M
2018	-253.84M
2017	507.46M
2016	477.03M

Operating Income (JPY)

3904.T Operating Income (JPY) by year
Period	Operating Income (JPY)
2025	1.07B
2024	358.02M
2023	1.02B
2022	1.21B
2021	1.14B
2020	744.58M
2019	-535.39M
2018	-391.51M
2017	675.35M
2016	643.11M

EBITDA (JPY)

3904.T EBITDA (JPY) by year
Period	EBITDA (JPY)
2025	1.42B
2024	706.92M
2023	1.37B
2022	1.46B
2021	1.36B
2020	945.54M
2019	-342.19M
2018	-227.44M
2017	832.62M
2016	796.87M

EPS (JPY)

3904.T EPS (JPY) by year
Period	EPS (JPY)
2025	42.63
2024	9.22
2023	31.42
2022	49.54
2021	53.99
2020	32.96
2019	-20.13
2018	-16.87
2017	32.91
2016	31.13

Expenses (JPY)

3904.T Expenses (JPY) by year
Period	Expenses (JPY)
2025	9.84B
2024	8.67B
2023	8.21B
2022	6.71B
2021	4.79B
2020	3.21B
2019	1.84B
2018	1.71B
2017	1.61B
2016	1.72B

Cash & Debt (JPY)

3904.T Cash & Debt (JPY) by year
Period	Cash & Debt (JPY)
2025	5.66B
2024	4.96B
2023	5B
2022	4.26B
2021	2.46B
2020	2.51B
2019	1.26B
2018	973.04M
2017	1.7B
2016	2.19B

Debt ratios

3904.T Debt ratios by year
Period	Debt ratios
2025	-0.49
2024	-0.35
2023	-0.56
2022	-0.56
2021	-0.09
2020	0.22
2019	1.28
2018	0.51

Margins

3904.T Margins by year
Period	Margins
2025	54.32%
2024	53.96%
2023	52.82%
2022	47.97%
2021	47.21%
2020	45.25%
2019	20.39%
2018	22.65%
2017	37.5%
2016	42.95%

Return on Capital

3904.T Return on Capital by year
Period	Return on Capital
2025	10.86%
2024	2.47%
2023	8.58%
2022	14.61%
2021	23.08%
2020	19.21%
2019	-14.8%
2018	-10.23%
2017	17.55%
2016	21.79%

Shares Outstanding

3904.T Shares Outstanding by year
Period	Shares Outstanding
2025	14.95M
2024	16.11M
2023	16.06M
2022	15.95M
2021	15.22M
2020	15.2M
2019	15.16M
2018	15.13M
2017	15.06M
2016	15.05M

Dividends (JPY)

3904.T Dividends (JPY) by year
Period	Dividends (JPY)
2026	7.77
2025	3.9
2024	3.9
2023	3.9
2022	3.9
2021	3.9
2020	3.9
2018	2
2017	3.9

Book Value Per Share (JPY)

3904.T Book Value Per Share (JPY) by year
Period	Book Value Per Share (JPY)
2025	421.23
2024	374.18
2023	369.25
2022	334.49
2021	236.01
2020	173
2019	135.95
2018	164.1
2017	191.97
2016	145.51

Total Assets (JPY)

3904.T Total Assets (JPY) by year
Period	Total Assets (JPY)
2025	13.56B
2024	12.88B
2023	11.68B
2022	10.98B
2021	7.85B
2020	7.08B
2019	5.72B
2018	5.32B
2017	5.15B
2016	4.54B

PE Ratio

3904.T PE Ratio by year
Period	PE Ratio
Sep 26	14.19
Sep 26	14.19
Sep 26	14.56
Aug 26	14.53
Aug 26	14.5
Aug 26	14.39
Aug 26	13.96
Jul 26	13.96
Jul 26	14.09
Jul 26	13.89
Jul 26	14.06
Jul 26	13.72
Jun 26	8.48
Jun 26	8.59
Jun 26	8.39
Jun 26	8.7
May 26	8.83
May 26	9.18
May 26	9.29
May 26	9.57
May 26	9.29
Apr 26	9.07
Apr 26	9.38
Apr 26	9.31
Apr 26	9.42
Mar 26	8.8
Mar 26	8.76
Mar 26	9.05
Mar 26	9.17
Feb 26	9.66
Feb 26	9.44
Feb 26	10.88
Feb 26	11.06
Jan 26	10.88
Jan 26	11.15
Jan 26	11.23
Jan 26	10.61
Dec 25	10.32
Dec 25	17.32
Dec 25	17.96
Dec 25	17.83
Dec 25	17.93
Nov 25	19.52
Nov 25	16.75
Nov 25	16.31
Nov 25	14.49
Oct 25	14.82
Oct 25	14.79
Oct 25	14.82
Oct 25	15.19
Oct 25	15.19
Sep 25	18.1
Sep 25	18.14
Sep 25	17.83
Sep 25	18.63
Aug 25	18.25
Aug 25	17.68
Aug 25	17.45
Aug 25	17.18
Aug 25	16.84
Jul 25	16.76
Jul 25	16.54
Jul 25	16.69
Jul 25	15.96
Jun 25	46.58
Jun 25	48.31
Jun 25	49.39
Jun 25	47.66
May 25	46.15
May 25	45.07
May 25	47.66
May 25	44.96
May 25	44.96
Apr 25	44.74
Apr 25	44.74
Apr 25	47.55
Apr 25	43.99
Mar 25	212.52
Mar 25	214.42
Mar 25	208.71
Mar 25	206.81
Feb 25	207.76
Feb 25	215.37
Feb 25	211.09
Feb 25	211.57
Jan 25	211.09
Jan 25	209.66
Jan 25	212.04
Jan 25	223.93
Dec 24	215.85
Dec 24	32.63
Dec 24	34.16
Dec 24	35.75
Dec 24	35.83
Nov 24	36.19
Nov 24	36.99
Nov 24	36.7
Nov 24	39.31
Nov 24	37.42
Oct 24	36.62

Price to Sales

3904.T Price to Sales by year
Period	Price to Sales
Sep 26	0.31
Sep 26	0.31
Sep 26	0.32
Aug 26	0.32
Aug 26	0.32
Aug 26	0.32
Aug 26	0.31
Jul 26	0.31
Jul 26	0.31
Jul 26	0.31
Jul 26	0.31
Jul 26	0.3
Jun 26	0.29
Jun 26	0.29
Jun 26	0.29
Jun 26	0.3
May 26	0.3
May 26	0.31
May 26	0.32
May 26	0.33
May 26	0.32
Apr 26	0.31
Apr 26	0.32
Apr 26	0.32
Apr 26	0.32
Mar 26	0.36
Mar 26	0.36
Mar 26	0.37
Mar 26	0.38
Feb 26	0.4
Feb 26	0.39
Feb 26	0.45
Feb 26	0.46
Jan 26	0.45
Jan 26	0.46
Jan 26	0.46
Jan 26	0.44
Dec 25	0.43
Dec 25	0.46
Dec 25	0.48
Dec 25	0.48
Dec 25	0.48
Nov 25	0.52
Nov 25	0.45
Nov 25	0.44
Nov 25	0.39
Oct 25	0.4
Oct 25	0.4
Oct 25	0.4
Oct 25	0.41
Oct 25	0.41
Sep 25	0.44
Sep 25	0.44
Sep 25	0.43
Sep 25	0.45
Aug 25	0.44
Aug 25	0.43
Aug 25	0.42
Aug 25	0.42
Aug 25	0.41
Jul 25	0.41
Jul 25	0.4
Jul 25	0.4
Jul 25	0.39
Jun 25	0.42
Jun 25	0.43
Jun 25	0.44
Jun 25	0.42
May 25	0.41
May 25	0.4
May 25	0.42
May 25	0.4
May 25	0.4
Apr 25	0.4
Apr 25	0.4
Apr 25	0.42
Apr 25	0.39
Mar 25	0.43
Mar 25	0.43
Mar 25	0.42
Mar 25	0.42
Feb 25	0.42
Feb 25	0.43
Feb 25	0.42
Feb 25	0.43
Jan 25	0.42
Jan 25	0.42
Jan 25	0.43
Jan 25	0.45
Dec 24	0.43
Dec 24	0.42
Dec 24	0.44
Dec 24	0.47
Dec 24	0.47
Nov 24	0.47
Nov 24	0.48
Nov 24	0.48
Nov 24	0.51
Nov 24	0.49
Oct 24	0.48

EV/EBITDA

3904.T EV/EBITDA by year
Period	EV/EBITDA
Sep 26	2.23
Sep 26	2.23
Sep 26	2.34
Aug 26	2.33
Aug 26	2.32
Aug 26	2.29
Aug 26	2.15
Jul 26	2.15
Jul 26	2.2
Jul 26	2.13
Jul 26	2.18
Jul 26	2.08
Jun 26	2.38
Jun 26	2.43
Jun 26	2.33
Jun 26	2.48
May 26	2.55
May 26	2.71
May 26	2.77
May 26	2.9
May 26	2.77
Apr 26	2.66
Apr 26	2.81
Apr 26	2.78
Apr 26	2.83
Mar 26	3.34
Mar 26	3.32
Mar 26	3.51
Mar 26	3.59
Feb 26	3.91
Feb 26	3.76
Feb 26	4.7
Feb 26	4.82
Jan 26	4.7
Jan 26	4.87
Jan 26	4.93
Jan 26	4.52
Dec 25	4.34
Dec 25	5.57
Dec 25	5.9
Dec 25	5.83
Dec 25	5.88
Nov 25	6.68
Nov 25	5.28
Nov 25	5.06
Nov 25	4.14
Oct 25	4.31
Oct 25	4.3
Oct 25	4.31
Oct 25	4.5
Oct 25	4.5
Sep 25	6.41
Sep 25	6.43
Sep 25	6.27
Sep 25	6.69
Aug 25	6.49
Aug 25	6.19
Aug 25	6.07
Aug 25	5.93
Aug 25	5.76
Jul 25	5.72
Jul 25	5.6
Jul 25	5.68
Jul 25	5.3
Jun 25	7.43
Jun 25	7.79
Jun 25	8.02
Jun 25	7.66
May 25	7.34
May 25	7.11
May 25	7.66
May 25	7.09
May 25	7.09
Apr 25	7.04
Apr 25	7.04
Apr 25	7.63
Apr 25	6.88
Mar 25	6.77
Mar 25	6.84
Mar 25	6.61
Mar 25	6.54
Feb 25	6.57
Feb 25	6.88
Feb 25	6.71
Feb 25	6.73
Jan 25	6.71
Jan 25	6.65
Jan 25	6.75
Jan 25	7.23
Dec 24	6.9
Dec 24	4.85
Dec 24	5.18
Dec 24	5.53
Dec 24	5.54
Nov 24	5.62
Nov 24	5.8
Nov 24	5.73
Nov 24	6.3
Nov 24	5.89
Oct 24	5.72

Price to Book

3904.T Price to Book by year
Period	Price to Book
Sep 26	1.01
Sep 26	1.01
Sep 26	1.03
Aug 26	1.03
Aug 26	1.03
Aug 26	1.02
Aug 26	0.99
Jul 26	0.99
Jul 26	1
Jul 26	0.98
Jul 26	1
Jul 26	0.97
Jun 26	0.92
Jun 26	0.93
Jun 26	0.91
Jun 26	0.94
May 26	0.96
May 26	1
May 26	1.01
May 26	1.04
May 26	1.01
Apr 26	0.99
Apr 26	1.02
Apr 26	1.01
Apr 26	1.02
Mar 26	1.04
Mar 26	1.04
Mar 26	1.07
Mar 26	1.09
Feb 26	1.15
Feb 26	1.12
Feb 26	1.29
Feb 26	1.31
Jan 26	1.29
Jan 26	1.32
Jan 26	1.33
Jan 26	1.26
Dec 25	1.22
Dec 25	1.32
Dec 25	1.37
Dec 25	1.36
Dec 25	1.37
Nov 25	1.49
Nov 25	1.28
Nov 25	1.24
Nov 25	1.1
Oct 25	1.13
Oct 25	1.13
Oct 25	1.13
Oct 25	1.16
Oct 25	1.16
Sep 25	1.2
Sep 25	1.21
Sep 25	1.19
Sep 25	1.24
Aug 25	1.21
Aug 25	1.18
Aug 25	1.16
Aug 25	1.14
Aug 25	1.12
Jul 25	1.12
Jul 25	1.1
Jul 25	1.11
Jul 25	1.06
Jun 25	1.15
Jun 25	1.19
Jun 25	1.22
Jun 25	1.18
May 25	1.14
May 25	1.11
May 25	1.18
May 25	1.11
May 25	1.11
Apr 25	1.11
Apr 25	1.11
Apr 25	1.18
Apr 25	1.09
Mar 25	1.22
Mar 25	1.23
Mar 25	1.2
Mar 25	1.19
Feb 25	1.19
Feb 25	1.24
Feb 25	1.21
Feb 25	1.21
Jan 25	1.21
Jan 25	1.2
Jan 25	1.22
Jan 25	1.29
Dec 24	1.24
Dec 24	1.24
Dec 24	1.29
Dec 24	1.35
Dec 24	1.36
Nov 24	1.37
Nov 24	1.4
Nov 24	1.39
Nov 24	1.49
Nov 24	1.42
Oct 24	1.39

No video analysis for this stock yet. Request one from our team.

AI Analysis

KAYAC Inc.

Video analysis: 3904.T

Similar companies