3326.T
3326.T operates in the Leisure & Recreation industry, providing consumer services related to leisure activities and recreation, and generates revenue primarily through service fees and retail sales.
Business. 3326.T operates in the Leisure & Recreation industry, providing consumer services related to leisure activities and recreation, and generates revenue primarily through service fees and retail sales.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
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Composite-score breakdown
Synthesis
3326.T operates in the Leisure & Recreation industry, providing consumer services related to leisure activities and recreation, and generates revenue primarily through service fees and retail sales.
The company's capital structure is highly leveraged, with a debt-to-equity ratio of 12.23, indicating a significant reliance on debt financing. Despite holding JPY 862.7 million in cash and equivalents, the company's long-term debt of JPY 2,688.1 million results in a negative net cash position, raising liquidity concerns. The current ratio of 1.34 suggests the company can cover its short-term liabilities, but the margin is narrow, and the high leverage increases financial risk.
Profitability metrics show a return on equity of 19.74%, which is strong, but the return on assets of 1.14% is weak, indicating inefficient use of assets to generate returns. The operating margin of 1.52% (calculated from operating income of JPY 82.3 million on revenue of JPY 5.4 billion) is below the typical range for the Leisure & Recreation industry, suggesting operational inefficiencies or pricing pressures.
The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic downturns and regulatory changes. The absence of segment or geographic breakdown in the financial data limits the ability to assess risk distribution.
Growth trajectory is constrained, with no disclosed revenue growth in the most recent period. The company reported JPY 5.4 billion in revenue, but the operating cash flow of JPY 249.99 million and free cash flow of JPY -43.99 million indicate limited capacity for reinvestment or expansion. Capital expenditures of JPY -281.29 million suggest a reduction in investment, which may signal a defensive strategy or financial constraints.
The risk assessment highlights liquidity as a medium concern, with the company's cash reserves insufficient to cover long-term obligations. The dilution risk is low, but the negative free cash flow and high leverage increase the potential for future equity issuance to service debt. The risk of dilution is further compounded by the company's inability to generate positive free cash flow, which could necessitate external financing.
Recent filings and transcripts do not provide additional insights into the company's strategic direction or operational performance. The lack of detailed disclosures limits the ability to assess management's response to market conditions and competitive pressures.
- The company is highly leveraged, with a debt-to-equity ratio of 12.23, indicating significant financial risk.
- Despite a strong return on equity, the return on assets is weak, suggesting inefficient asset utilization.
- The company's revenue is concentrated in a single segment, increasing exposure to regional and sector-specific risks.
- Free cash flow is negative, limiting the company's ability to invest in growth or pay dividends.
- Liquidity is a concern due to the negative net cash position after accounting for long-term debt.
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- Net cash is negative after subtracting total debt.
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
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- 3326.T Market data — financials · 2026-05-26