Cash flow NETSTARS Co.,Ltd.

Stocks

5590

JP3758280006

Financial Technology (Fintech)

Delayed Japan Exchange 20:59:31 2026-09-17 EDT			5-day change	1st Jan Change
730.00 ^JPY	-0.41%		+1.68%	-27.63%

08-13	NETSTARS Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2026	CI
05-13	NETSTARS Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: NETSTARS CO.,LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)
Revenues	1.96B	2.99B	3.72B	3.9B	4.79B
Total Revenues	1.96B	2.99B	3.72B	3.9B	4.79B
Cost of Goods Sold, Total	934M	1.12B	1.1B	924M	1.12B
Gross Profit	1.03B	1.86B	2.62B	2.98B	3.66B
Selling General & Admin Expenses, Total	2.04B	2.42B	2.94B	3.06B	3.37B
Provision for Bad Debts	-	-	-3M	3M	-
Other Operating Expenses, Total	2.04B	2.42B	2.94B	3.06B	3.37B
Operating Income	-1.01B	-554M	-319M	-87M	293M
Interest And Investment Income	-	1M	-	7M	142M
Net Interest Expenses	-	1M	-	7M	142M
Income (Loss) On Equity Invest.	-	-	-	-2M	-7M
Currency Exchange Gains (Loss)	-9M	-15M	-12M	-15M	-5M
Other Non Operating Income (Expenses)	8M	1M	2M	70M	11M
EBT, Excl. Unusual Items	-1.01B	-567M	-329M	-27M	434M
Gain (Loss) On Sale Of Investments	-	-	-	5M	9M
Gain (Loss) On Sale Of Assets	-	-1M	-9M	-	-
Asset Writedown	-	-	-4M	-9M	-
Other Unusual Items	-	-1M	-1M	-	-40M
EBT, Incl. Unusual Items	-1.01B	-569M	-343M	-31M	403M
Income Tax Expense	3M	3M	4M	6M	-82M
Earnings From Continuing Operations	-1.02B	-572M	-347M	-37M	485M
Net Income to Company	-1.02B	-572M	-347M	-37M	485M
Net Income - (IS)	-1.02B	-572M	-347M	-37M	485M
Net Income to Common Incl Extra Items	-1.02B	-572M	-347M	-37M	485M
Net Income to Common Excl. Extra Items	-1.02B	-572M	-347M	-37M	485M
Per Share Items
Net EPS - Basic	-63.65	-35.8	-21.47	-2.22	28.98
Basic EPS - Continuing Operations	-63.65	-35.8	-21.47	-2.22	28.98
Basic Weighted Average Shares Outstanding	15.98M	15.98M	16.16M	16.69M	16.73M
Net EPS - Diluted	-63.65	-35.8	-21.47	-2.22	28.39
Diluted EPS - Continuing Operations	-63.65	-35.8	-21.47	-2.22	28.39
Diluted Weighted Average Shares Outstanding	15.98M	15.98M	16.16M	16.69M	17.09M
Normalized Basic EPS	-39.67	-22.18	-12.72	-1.01	16.21
Normalized Diluted EPS	-39.67	-22.18	-12.72	-1.01	15.88
Supplemental Items
EBITDA	-	-	-113M	137M	537M
EBITA	-1.01B	-554M	-310M	-78M	295M
EBIT	-1.01B	-554M	-319M	-87M	293M
Effective Tax Rate - (Ratio)	-0.3	-0.53	-1.17	-19.35	-20.35
Normalized Net Income	-634M	-354M	-206M	-16.88M	271M
Supplemental Operating Expense Items
Advertising Expense	-	-	86M	131M	213M
Selling and Marketing Expenses	-	-	86M	131M	213M

Fiscal Period: December	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)
Assets
Cash And Equivalents	16.88B	19.75B	26.52B	33.88B	36.21B
Short Term Investments	19M	22M	-	-	-
Total Cash And Short Term Investments	16.9B	19.77B	26.52B	33.88B	36.21B
Accounts Receivable, Total	494M	494M	510M	333M	297M
Total Receivables	494M	494M	510M	333M	297M
Inventory	20M	54M	18M	75M	184M
Prepaid Expenses	40M	40M	55M	54M	73M
Other Current Assets, Total	128M	50M	112M	269M	479M
Total Current Assets	17.59B	20.41B	27.22B	34.61B	37.24B
Net Property Plant And Equipment	17M	30M	34M	24M	26M
Long-term Investments	422M	385M	377M	457M	418M
Goodwill	27M	20M	11M	2M	-
Other Intangibles, Total	458M	735M	715M	647M	517M
Deferred Tax Assets Long-Term	-	1M	1M	1M	150M
Other Long-Term Assets, Total	2M	1M	-	2M	1M
Total Assets	18.51B	21.58B	28.36B	35.74B	38.35B
Liabilities
Accounts Payable, Total	225M	224M	105M	147M	136M
Accrued Expenses, Total	84M	123M	129M	124M	114M
Current Income Taxes Payable	245M	344M	319M	225M	339M
Other Current Liabilities	10.95B	14.42B	20.74B	28.14B	30.13B
Total Current Liabilities	11.5B	15.12B	21.29B	28.63B	30.72B
Other Non Current Liabilities	1M	1M	1M	2M	-
Total Liabilities	11.5B	15.12B	21.29B	28.63B	30.72B
Common Stock, Total	3.98B	3.98B	4.45B	4.46B	4.49B
Additional Paid In Capital	7.22B	7.22B	7.69B	7.69B	7.72B
Retained Earnings	-4.22B	-4.79B	-5.14B	-5.18B	-4.68B
Comprehensive Income and Other	25M	51M	69M	136M	105M
Total Common Equity	7.01B	6.46B	7.07B	7.1B	7.63B
Total Equity	7.01B	6.46B	7.07B	7.1B	7.63B
Total Liabilities And Equity	18.51B	21.58B	28.36B	35.74B	38.35B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	15.98M	12.87M	16.68M	16.7M	16.89M
ECS Total Common Shares Outstanding	15.98M	12.87M	16.68M	16.7M	16.83M
Book Value / Share	438.64	502.23	423.7	425.53	453.57
Tangible Book Value	6.52B	5.71B	6.34B	6.46B	7.12B
Tangible Book Value Per Share	408.28	443.55	380.17	386.66	422.85
Total Debt	0	0	0	0	0
Net Debt	-16.9B	-19.77B	-26.52B	-33.88B	-36.21B
Equity Method Investments, Total	-	-	-	12M	4M
Inventories - Raw Materials, Total	-	-	13M	49M	-
Inventories - Work In Process, Total	-	10M	-	9M	7M
Inventories - Finished Goods, Total	20M	44M	5M	15M	177M
Inventories - Others	-	-	-	2M	-
Full Time Employees	-	217	223	223	221

Fiscal Period: December	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)
Net Income	-	-	-343M	-31M	402M
Depreciation & Amortization - CF	-	-	197M	215M	242M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	9M	9M	2M
Depreciation & Amortization, Total	-	-	206M	224M	244M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	7M
Other Operating Activities, Total	-	-	-4M	66M	-36M
Change In Accounts Receivable	-	-	-15M	187M	22M
Change In Inventories	-	-	27M	-56M	-109M
Change In Accounts Payable	-	-	-141M	-63M	36M
Change in Other Net Operating Assets	-	-	6.28B	7.18B	1.81B
Cash from Operations	-	-	6.01B	7.51B	2.38B
Capital Expenditure	-	-	-16M	-4M	-14M
Cash Acquisitions	-	-	-	-15M	-
Sale (Purchase) of Intangible assets	-	-	-166M	-144M	-101M
Investment in Marketable and Equity Securities, Total	-	-	-	-34M	19M
Other Investing Activities, Total	-	-	-5M	-3M	-15M
Cash from Investing	-	-	-187M	-200M	-111M
Issuance of Common Stock	-	-	933M	10M	66M
Other Financing Activities, Total	-	-	-	-1M	-
Cash from Financing	-	-	933M	9M	66M
Foreign Exchange Rate Adjustments	-	-	18M	33M	2M
Miscellaneous Cash Flow Adjustments	-	-	1M	1M	-
Net Change in Cash	-	-	6.78B	7.35B	2.33B
Supplemental Items
Cash Income Tax Paid (Refund)	-	-	3M	4M	3M
Levered Free Cash Flow	-	-	5.94B	7.33B	2.1B
Unlevered Free Cash Flow	-	-	5.94B	7.33B	2.1B
Change In Net Working Capital	-	-3.66B	-6.12B	-7.31B	-1.79B

Fiscal Period: December	2021 (JPY)	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)
Profitability
Return on Assets	-	-1.73	-0.8	-0.17	0.49
Return on Total Capital	-	-5.14	-2.95	-0.77	2.48
Return On Equity %	-	-8.49	-5.13	-0.52	6.58
Return on Common Equity	-	-8.49	-5.13	-0.52	6.58
Margin Analysis
Gross Profit Margin %	52.42	62.44	70.46	76.32	76.55
SG&A Margin	104.02	80.98	79.11	78.47	70.43
EBITDA Margin %	-	-	-3.04	3.51	11.22
EBITA Margin %	-51.6	-18.55	-8.33	-2	6.16
EBIT Margin %	-51.6	-18.55	-8.58	-2.23	6.12
Income From Continuing Operations Margin %	-51.81	-19.15	-9.33	-0.95	10.13
Net Income Margin %	-51.81	-19.15	-9.33	-0.95	10.13
Net Avail. For Common Margin %	-51.81	-19.15	-9.33	-0.95	10.13
Normalized Net Income Margin	-32.28	-11.86	-5.53	-0.43	5.67
Levered Free Cash Flow Margin	-	-	159.69	187.84	43.84
Unlevered Free Cash Flow Margin	-	-	159.69	187.84	43.84
Asset Turnover
Asset Turnover	-	0.15	0.15	0.12	0.13
Fixed Assets Turnover	-	127.11	116.25	134.55	191.52
Receivables Turnover (Average Receivables)	-	6.05	7.41	9.26	15.2
Inventory Turnover (Average Inventory)	-	30.32	30.53	19.87	8.67
Short Term Liquidity
Current Ratio	1.53	1.35	1.28	1.21	1.21
Quick Ratio	1.51	1.34	1.27	1.19	1.19
Operating Cash Flow to Current Liabilities	-	-	0.28	0.26	0.08
Days Sales Outstanding (Average Receivables)	-	60.36	49.26	39.54	24.01
Days Outstanding Inventory (Average Inventory)	-	12.04	11.96	18.42	42.09
Average Days Payable Outstanding	-	70.88	56.48	47.01	41.92
Cash Conversion Cycle (Average Days)	-	1.52	4.73	10.95	24.18
Long Term Solvency
Total Liabilities / Total Assets	62.14	70.05	75.08	80.12	80.1
Net Debt / EBITDA	-	-	234.71	-247.26	-67.43
Net Debt / (EBITDA - Capex)	-	-	205.6	-254.7	-69.23
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	52.16	24.54	4.89	22.71
Gross Profit, 1 Yr. Growth %	-	81.24	40.54	13.62	23.07
EBITDA, 1 Yr. Growth %	-	-	-	-221.24	291.97
EBITA, 1 Yr. Growth %	-	-45.31	-44.04	-74.84	-478.21
EBIT, 1 Yr. Growth %	-	-45.31	-42.42	-72.73	-436.78
Earnings From Cont. Operations, 1 Yr. Growth %	-	-43.76	-39.34	-89.34	-1.41K
Net Income, 1 Yr. Growth %	-	-43.76	-39.34	-89.34	-1.41K
Normalized Net Income, 1 Yr. Growth %	-	-44.08	-41.98	-91.79	-1.71K
Diluted EPS Before Extra, 1 Yr. Growth %	-	-43.76	-40.04	-89.67	-1.38K
Accounts Receivable, 1 Yr. Growth %	-	0	3.24	-34.71	-10.81
Inventory, 1 Yr. Growth %	-	170	-66.67	316.67	145.33
Net Property, Plant and Equip., 1 Yr. Growth %	-	76.47	13.33	-29.41	8.33
Total Assets, 1 Yr. Growth %	-	16.56	31.41	26.04	7.32
Tangible Book Value, 1 Yr. Growth %	-	-12.51	11.09	1.83	10.22
Common Equity, 1 Yr. Growth %	-	-7.79	9.35	0.55	7.43
Cash From Operations, 1 Yr. Growth %	-	-	-	24.96	-68.35
Capital Expenditures, 1 Yr. Growth %	-	-	-	-75	250
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-	23.38	-71.36
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-	23.38	-71.36
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	37.66	14.29	13.45
Gross Profit, 2 Yr. CAGR %	-	-	59.6	26.36	18.25
EBITDA, 2 Yr. CAGR %	-	-	-	-	118
EBITA, 2 Yr. CAGR %	-	-	-44.68	-62.48	-2.45
EBIT, 2 Yr. CAGR %	-	-	-43.88	-60.37	-4.16
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-41.59	-74.57	18.22
Net Income, 2 Yr. CAGR %	-	-	-41.59	-74.57	18.22
Normalized Net Income, 2 Yr. CAGR %	-	-	-43.04	-78.18	14.85
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-41.93	-75.11	15
Accounts Receivable, 2 Yr. CAGR %	-	-	1.61	-17.9	-23.69
Inventory, 2 Yr. CAGR %	-	-	-5.13	17.85	219.72
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	41.42	-10.56	-12.55
Total Assets, 2 Yr. CAGR %	-	-	23.76	28.7	16.3
Tangible Book Value, 2 Yr. CAGR %	-	-	-1.41	6.36	5.94
Common Equity, 2 Yr. CAGR %	-	-	0.41	4.86	3.93
Cash From Operations, 2 Yr. CAGR %	-	-	-	-	-37.11
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	-6.46
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	-40.56
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	-40.56
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	25.73	17.03
Gross Profit, 3 Yr. CAGR %	-	-	-	42.51	25.26
EBITA, 3 Yr. CAGR %	-	-	-	-57.46	-18.95
EBIT, 3 Yr. CAGR %	-	-	-	-55.88	-19.13
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-66.86	-5.35
Net Income, 3 Yr. CAGR %	-	-	-	-66.86	-5.35
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-70.14	-8.52
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-67.34	-7.44
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-12.32	-15.6
Inventory, 3 Yr. CAGR %	-	-	-	55.36	50.48
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	12.18	-4.66
Total Assets, 3 Yr. CAGR %	-	-	-	24.52	21.13
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-0.34	7.63
Common Equity, 3 Yr. CAGR %	-	-	-	0.46	5.71