Ureru Net Advertising Co.,Ltd. (9235.T)

Ureru Net Advertising Co.,Ltd. (9235.T) — VMCI valuation read

Across 120 indicators, Ureru Net Advertising Co.,Ltd. (9235.T) lands at VMCI 36/100. The Communication Services sector median is 50, so the 14-point below-median read is the active comparison. Pillar weighting on the score: Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%.

No material Form 4 disclosures landed on 9235.T in the past 30 days. Quiet insider tape removes one signal source; the active reads stay with the trailing-twelve-month financials and the next 10-Q.

**Investor frame.** On Value, 9235.T trades at 17.0x earnings, 6% below the Communication Services median of 18.0x; the EV/EBITDA delta of -2.0x reinforces that single line. On Quality, ROIC of 13.0% sits 3.0pp above the Communication Services median (10.0%). On Risk, net debt to EBITDA of -0.9x leaves covenant headroom for 9235.T on the trailing balance sheet.

9235.T rose 1.5% over the trailing 7 days, with a +4.4% read on a 30-day basis.