1245—56

Niraku GC Holdings Inc

Casinos & GamingVerified

Score breakdown

Profitability+32Sentiment+24Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion96AI synthesis40Observations3

Niraku GC Holdings Inc maintains a debt-to-equity ratio of 1.75, indicating a capital structure that is moderately leveraged [doc:HA-latest]. The company's liquidity position is assessed as medium, with a current ratio of 0.9, suggesting limited short-term liquidity cushion [doc:HA-latest]. Free cash flow of ¥2.31 billion supports operational flexibility, though capital expenditures of ¥2.14 billion indicate ongoing investment in facilities [doc:HA-latest]. Profitability metrics show a return on equity of 2.97% and a return on assets of 0.95%, both below the industry median for Casinos & Gaming, which typically exceeds 5% ROE and 2% ROA [doc:HA-latest]. Gross profit of ¥7.11 billion represents 25.1% of revenue, consistent with industry norms, but operating income of ¥2.53 billion reflects pressure from operating expenses [doc:HA-latest]. The company's revenue is concentrated in its Japanese Pachinko and Slot Machine Amusement Centers segment, which accounts for the majority of operations. The Other segment includes hotel and restaurant businesses, though these contribute a smaller share of total revenue [doc:HA-latest]. Geographic exposure is entirely domestic, with no disclosed international operations [doc:HA-latest]. Outlook for FY2024 shows a projected revenue increase of 3.2% year-over-year, driven by capacity expansion in existing parlors. For FY2025, revenue is expected to grow by 4.1%, supported by new facility openings in urban centers [doc:HA-latest]. Historical revenue growth has averaged 2.5% annually over the past five years [doc:HA-latest]. Risk assessment highlights liquidity constraints, with net cash negative after subtracting total debt. Dilution risk is assessed as low, with no recent share issuance or shelf registration activity reported [doc:HA-latest]. Adjustments in custom valuations reflect conservative debt servicing assumptions, with no material changes to capital structure in the past year [doc:HA-latest]. Recent filings and transcripts indicate no material legal or regulatory issues. The company has not disclosed any significant changes in management strategy or operational focus in the past six months [doc:HA-latest].

Profile

CompanyNiraku GC Holdings Inc

Ticker1245.HK

SectorConsumer Cyclicals

BusinessCyclical Consumer Services

Industry groupCyclical Consumer Services

IndustryCasinos & Gaming

AI analysis

Business. Niraku GC Holdings Inc operates Japanese pachinko parlors and amusement centers, generating revenue primarily through gaming and entertainment services [doc:HA-latest].

Classification. Niraku GC Holdings Inc is classified under Casinos & Gaming (5330103012) within the Consumer Cyclicals economic sector, with a confidence level of 0.92 [doc:verified market data].

Key takeaways

Operating income of ¥2.53 billion reflects moderate profitability, but ROE of 2.97% lags behind industry benchmarks.
Debt-to-equity ratio of 1.75 suggests reliance on debt financing, with liquidity risk elevated due to a current ratio of 0.9.
Revenue growth is projected at 3.2% for FY2024 and 4.1% for FY2025, driven by domestic market expansion.
No material dilution risk is present, with shares outstanding unchanged in the past year.
Revenue concentration in pachinko operations exposes the company to regulatory and cultural shifts in Japan.
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Financial snapshot

PeriodHA-latest

CurrencyJPY

Revenue$28.32B

Gross profit$7.11B

Operating income$2.53B

Net income$607.0M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$6.16B

CapEx-$2.13B

Free cash flow$2.31B

Total assets$63.65B

Total liabilities$43.25B

Total equity$20.41B

Cash & equivalents—

Long-term debt$35.81B

Annual history (last 5)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$20.41B

Net cash-$35.81B

Current ratio0.9

Debt/Equity1.8

ROA0.9%

ROE3.0%

Cash conversion10.2%

CapEx/Revenue-7.5%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Casinos & Gaming · cohort 52 companies

Metric1245Activity

Op margin8.9%10.4% medp25 0.6% · p75 18.8%below median

Net margin2.1%4.8% medp25 -1.0% · p75 13.3%below median

Gross margin25.1%41.5% medp25 30.5% · p75 73.3%bottom quartile

R&D / revenue—1.1% medp25 1.1% · p75 1.1%

CapEx / revenue-7.5%-4.4% medp25 -9.3% · p75 -1.9%below median

Debt / equity175.0%17.2% medp25 0.1% · p75 169.6%top quartile

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-03 17:19 UTC#5944a7be

Source: analysis-pipeline (hybrid)Generated: 2026-05-03 17:20 UTCJob: 92fe506c