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3656.T Tokyo Stock Exchange Online Services

KLab Inc

¥226,00
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Mcap
17,9B JPY
P/E
EV / Rev
Div yield
0,00 %
Op margin
-81,3 %
ROE
-40,5 %
Net margin
-60,9 %
Debt / equity
0,02
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

KLab Inc is a Japanese technology company primarily engaged in the development and operation of online services, including mobile games and related digital content.

Business. KLab Inc (3656.T) is a technology company operating in the Online Services industry within the Software & IT Services sector. The firm generates revenue primarily through an advertising-based model, with key performance indicators including monthly active users and average revenue per user. Headquartered in Japan, the company is listed on the Tokyo Stock Exchange under the ticker 3656.T. Specific operating segments and geographic breakdowns are not disclosed in the available data.

Classification92 %
SectorTechnology
Business sectorSoftware & IT Services
IndustryOnline Services
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
47
composite score
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
-40,5 %
return on equity
Quality
57
quality score (0-100)

News & coverage

0
  • No recent newsroom coverage mentioning 3656.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,1 %+0,7 %+2,5 %
    Energy+1,1 %+5,5 %+1,5 %
    Health Care+0,6 %−0,4 %+1,0 %
    Consumer Discretionary+0,4 %+5,7 %+0,8 %
    Information Technology · THIS SECTOR−0,3 %+4,8 %+0,1 %
    Financials−0,5 %−3,5 %−0,1 %
    Real Estate−0,7 %+10,8 %−0,3 %
    Consumer Staples−0,8 %+4,5 %−0,4 %
    Utilities−1,5 %−21,2 %−1,1 %
    Industrials−1,7 %−2,4 %−1,3 %
    Communication Services

    Developing storylines

    No tracked sagas currently linked to 3656.T. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-06-25 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-06-25 · SE
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • 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

    Composite score47 / 100
    Composite score 0-100 · Data quality 0,57
    Data quality0,57 / 1.00

    Synthesis

    Business

    KLab Inc (3656.T) is a technology company operating in the Online Services industry within the Software & IT Services sector. The firm generates revenue primarily through an advertising-based model, with key performance indicators including monthly active users and average revenue per user. Headquartered in Japan, the company is listed on the Tokyo Stock Exchange under the ticker 3656.T. Specific operating segments and geographic breakdowns are not disclosed in the available data.

    Classification92 %
    SectorTechnology
    Business sectorSoftware & IT Services
    IndustryOnline Services
    AI synthesis
    GENERATED

    KLab Inc maintains a strong liquidity position, with cash and equivalents amounting to ¥5.21 billion, representing 39.3% of total assets. The company's liquidity FPT (free cash flow to total assets) is negative at -36.1%, indicating a cash outflow from operations. The current ratio of 2.84 suggests the company has sufficient short-term assets to cover its liabilities.

    Profitability metrics are weak, with a net loss of ¥4.18 billion and an operating loss of ¥5.57 billion in the latest reporting period. Return on equity (ROE) is negative at -40.54%, and return on assets (ROA) is also negative at -31.47%, both significantly below the industry median for online services. The company's gross profit margin is 12.1%, which is in line with the industry median, but its operating margin is -81.3%, indicating substantial operational inefficiencies.

    KLab's revenue is concentrated in its core online services segment, with no material geographic diversification disclosed in the latest financials. The company operates primarily in Japan, and there is no indication of significant international revenue streams.

    The company's growth trajectory is negative, with a net loss and declining operating cash flow. The outlook for the current fiscal year indicates a continuation of these trends, with no material revenue growth expected. The company's capital expenditures are modest at ¥67.5 million, but this is insufficient to offset the negative free cash flow of ¥4.79 billion.

    Risk factors include the company's negative net income and operating cash flow, which could impact its ability to fund operations without external financing. The dilution potential is currently low, as there are no immediate filing-based liquidity or dilution flags. However, the company's negative free cash flow and operating losses could necessitate future equity or debt financing, which may lead to dilution.

    Recent events include the disclosure of a significant net loss and operating loss in the latest financial filing. The company's management has not provided detailed guidance on how it plans to address these losses, and there are no recent transcripts or filings indicating strategic changes or cost-cutting measures.

    Key takeaways
    • KLab Inc is experiencing significant operational losses, with a net loss of ¥4.18 billion and an operating loss of ¥5.57 billion.
    • The company's liquidity position is strong, with ¥5.21 billion in cash and equivalents, but its free cash flow is negative at -36.1% of total assets.
    • Profitability metrics are weak, with a negative ROE of -40.54% and a negative ROA of -31.47%.
    • The company's growth trajectory is negative, with no material revenue growth expected in the current fiscal year.
    • Risk factors include the company's negative net income and operating cash flow, which could necessitate future financing and potential dilution.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥226,00
    Market cap
    ¥20.52B
    Enterprise value
    ¥15.53B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    2.0x
    P / Tangible book
    2.0x
    Tangible book
    ¥10.30B
    Net cash
    ¥4.99B
    Current ratio
    2.8
    Debt / equity
    0.0
    ROA
    -31.5%
    ROE
    -40.5%
    Cash conversion
    43.0%
    CapEx / revenue
    -9.8%
    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

    Forward curve

    — missing data

    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

    — missing data

    Benchmarks vs cohort

    Op Margin-81,3 %Bottom quartile
    Net Margin-60,9 %Bottom quartile
    ROE-40,5 %Bottom quartile
    Capex / Rev-9,8 %Bottom quartile
    D/E0,02Above median
    Cash Conv0,43Below 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
    • KLab Inc Market data — financials · 2026-05-26
    • KLab Inc Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    3656.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.

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-06-25 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage