Added to YB: 2026-08-26
Pitch date: 2026-08-24
3922.T [neutral]
PR TIMES Corporation
-0.78%
current return
Author Info
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Company Info
PR TIMES Corporation engages in the press release distribution business in Japan. It operates PR TIMES, a platform that connects companies, media, and consumers through news; PR TIMES STORY platform for individuals within companies and organizations to officially share behind-the-scenes stories and insights; PR TIMES TV, a video production and distribution service for public relations and PR; and MARPH for artists, galleries, museums, and other organizations to create and distribute press releases for solo exhibitions, events, and other information.
Market Cap
JPY 29.0B
Pitch Price
JPY 2.2K
Price Target
N/A
Dividend
0.79%
EV/EBITDA
5.43
P/E
12.11
EV/Sales
2.16
Sector
Interactive Media and Services
Category
value
Monday Delight: 24/08/2026 - PR TIMES Corporation
3922.T (quick overview): Japan's dominant press-release platform (used by 65.6% of TSE-listed cos) at value multiples: sub-12x P/E, 30% ROE, debt-free with cash ~30% of the JPY27.8B cap, 18-20% 5yr revenue CAGR. But it's not cheap for nothing—mgmt guides FY2027 ordinary profit down ~10% ('investment period'), FY2026's 38% margin flattered by a 91% drop in capitalized software that reverses, and Q1 FY2027 revenue growth (+9.7%) was the slowest ever, signaling the easy listed-company penetration is tapped out with SME/unlisted expansion unproven. Risks: parent Vector owns ~52.5% (no takeout re-rating) and a 2025 breach leaked embargoed releases from 1,100+ companies plus data on 900k+ people, undermining the confidentiality it sells.
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