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3686.T — Tokyo Stock Exchange Entertainment Production

3686.T

¥78,00
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JPY
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Mcap
3,4B JPY
P/E
—
EV / Rev
—
Div yield
0,00 %
Op margin
-42,6 %
ROE
-40,3 %
Net margin
-36,8 %
Debt / equity
0,01
Beta
—
52w range
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Volume
—
Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

The company operates in the entertainment production industry, generating revenue primarily through content creation and media services.

Business. The company operates in the entertainment production industry, generating revenue primarily through content creation and media services.

Classification92 %
SectorConsumer Cyclicals
Business sectorCyclical Consumer Services
IndustryEntertainment Production
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
-40,3 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 3686.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 3686.T. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • 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

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    The company operates in the entertainment production industry, generating revenue primarily through content creation and media services.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorCyclical Consumer Services
    IndustryEntertainment Production
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a low debt-to-equity ratio of 0.01, indicating a conservative leverage approach. With a current ratio of 2.47, the company maintains strong liquidity, supported by cash and equivalents of 587,872,000 JPY. The price-to-book ratio of 2.09 suggests that the market values the company at a premium to its book value, which may reflect intangible assets or market expectations.

    Profitability metrics reveal a challenging operating environment, with a return on equity of -0.4026 and a return on assets of -0.2769, both significantly below the industry median for entertainment production. The company reported a net loss of 728,501,000 JPY, and an operating loss of 843,874,000 JPY, indicating a need for operational improvements or cost reductions.

    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 fluctuations and market-specific risks. The company's revenue of 1,978,904,000 JPY is derived from entertainment production activities, with no material contributions from other segments.

    The company's growth trajectory is currently negative, with a net loss and declining operating cash flow of -463,087,000 JPY. The outlook for the current fiscal year is uncertain, with no clear indicators of revenue growth or margin improvement. The company's capital expenditure of -5,732,000 JPY is minimal, suggesting limited investment in future growth.

    Risk factors include the company's negative net income and operating income, which may affect its ability to meet financial obligations. The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company's low debt levels and strong cash position mitigate some of these risks.

    Recent events include the disclosure of a net loss and operating loss in the latest financial filing. The company's market price of 87 JPY reflects investor sentiment toward its current financial performance and future prospects.

    Key takeaways
    • The company has a strong liquidity position with a current ratio of 2.47 and significant cash reserves.
    • Profitability is a major concern, with negative returns on equity and assets.
    • The company's revenue is concentrated in a single business segment, increasing exposure to market-specific risks.
    • Growth is currently negative, with no clear indicators of improvement in the near term.
    • The company's low debt levels and strong cash position mitigate some financial risks.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥78,00
    Market cap
    ¥3.78B
    Enterprise valueⓘ
    ¥3.22B
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    2.1x
    P / Tangible bookⓘ
    2.1x
    Tangible book
    ¥1.81B
    Net cashⓘ
    ¥562.9M
    Current ratioⓘ
    2.5
    Debt / equityⓘ
    0.0
    ROAⓘ
    -27.7%
    ROEⓘ
    -40.3%
    Cash conversionⓘ
    64.0%
    CapEx / revenueⓘ
    -0.3%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin-42,6 %Bottom quartile
    Net Margin-36,8 %Bottom quartile
    ROE-40,3 %Bottom quartile
    Capex / Rev-0,3 %Above P75
    D/E0,01Above median
    Cash Conv0,64Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Ev To Revenue
      enterprise_value / revenue
    Source documents
    • 3686.T Market data — financials · 2026-05-26
    • DLE Inc Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    3686.TCanonical
    Tokyo Stock Exchange · JPY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage