| Valuation method | Value, ¥ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 544.97 | 12 |
| Intrinsic value (DCF) | 921.03 | 89 |
| Graham-Dodd Method | 375.77 | -23 |
| Graham Formula | 1257.58 | 158 |
Izu Shaboten Resort Co., Ltd. is a Japanese leisure company specializing in theme park operations, event planning, and video production. Headquartered in Tokyo, the company manages four parks and traveling stations, offering unique leisure experiences centered around its flagship Izu Shaboten Park, known for its cactus gardens and animal attractions. Formerly known as Social Ecology Project Co., Ltd., the company rebranded in 2015 to reflect its focus on resort and leisure activities. With a diversified revenue stream that includes park management consignment work, advertising videos, and event production, Izu Shaboten Resort operates in the consumer cyclical sector, catering to domestic tourism and entertainment demand. The company’s strong cash position and low debt levels provide financial stability, while its niche focus on botanical and animal-themed attractions differentiates it from larger, more generalized theme park operators.
Izu Shaboten Resort presents a niche investment opportunity in Japan’s leisure sector, with stable financials and a unique market position. The company’s low beta (0.201) suggests lower volatility compared to the broader market, appealing to risk-averse investors. With a market cap of ¥8.67 billion, revenue of ¥4.65 billion, and net income of ¥323 million, the company demonstrates modest but consistent profitability. Its strong operating cash flow (¥983 million) and healthy cash reserves (¥1.92 billion) against manageable debt (¥794 million) indicate financial resilience. However, reliance on domestic tourism and limited scale compared to global theme park giants may cap growth potential. The dividend yield (~1.7% based on a ¥15 per share payout) adds income appeal, but investors should weigh the company’s regional focus against broader industry competition.
Izu Shaboten Resort’s competitive advantage lies in its specialized, nature-themed leisure offerings, which differentiate it from mass-market theme parks. Its flagship Izu Shaboten Park combines botanical gardens with animal exhibits, creating a unique niche that attracts local families and tourists. The company’s contracted management services for other parks further diversify revenue streams. However, its small scale limits brand recognition outside Japan and reduces economies of scale in marketing and operations. Unlike global competitors with IP-driven attractions (e.g., Disney’s character franchises), Izu Shaboten relies on organic foot traffic and regional tourism trends. Its financial conservatism (low debt, high cash reserves) provides stability but may also reflect slower expansion ambitions. Competitors with larger footprints benefit from higher visitor volumes and international appeal, while Izu Shaboten’s localized focus insulates it somewhat from global economic fluctuations but exposes it to domestic demographic shifts (e.g., Japan’s aging population).