Mynet Inc. (3928.T) down 6.64% pre market 03 Jan 2026: watch JPY 275 support
3928.T stock fell 6.64% in pre-market trade on 03 Jan 2026 to JPY 281.00, down JPY 20.00 from the prior close. This move places Mynet Inc. (JPX, Japan) among pre-market top losers as volume runs near 297000.00 shares versus a 672245.00 average. Investors should watch intraday support at the day low JPY 275.00 and the open at JPY 299.00 as catalysts such as near-term earnings and sector flows drive further moves.
Price action and market context
Mynet Inc. (3928.T) opened at JPY 299.00 and is trading at JPY 281.00 in pre-market on 03 Jan 2026, a JPY 20.00 decline and -6.64% change. The stock’s day range is JPY 275.00 to JPY 299.00. Market cap is JPY 2,385,231,970.00 and shares outstanding are 8,488,370.00.
Trading volume of 297000.00 is below the 50-day average of 672245.00, suggesting the sell-off so far is thinner than a full-volume distribution. Year high is JPY 357.00 and year low is JPY 174.00, giving traders visible long-term reference points.
Earnings, fundamentals and valuation
Reported EPS is JPY 14.86 and the stock shows a trailing PE of 18.91, below the Technology sector average PE of 26.11 according to sector data. Price to book is 1.49 and price to sales is 0.30, indicating a modest valuation relative to revenue. The company has cash per share JPY 247.86 and book value per share JPY 203.70.
Mynet schedules its next earnings announcement for 13 Feb 2026. That event is a likely catalyst for any sustained reversal or renewed selling, given the recent move.
Technical snapshot
Momentum indicators show mixed signals: RSI is 59.38 and MACD histogram is positive at 3.72, supporting some near-term buying momentum despite the pre-market decline. ADX at 33.73 points to a strong trend in place.
Volatility measures show ATR 14.96 with Bollinger Bands at Upper JPY 287.96, Middle JPY 258.90 and Lower JPY 229.84. Immediate technical support sits near JPY 275.00 and resistance near the open JPY 299.00 and the Bollinger upper band.
Meyka grade, forecasts and price targets
Meyka AI rates 3928.T with a score out of 100: 74.84 (B+ — BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors.
Meyka AI’s forecast model projects a monthly price of JPY 260.91. Versus the current price JPY 281.00 this implies an expected downside of -7.15%. Forecasts are model-based projections and not guarantees.
Sector and peer context
Mynet sits in the Electronic Gaming & Multimedia industry inside the broader Technology sector. The Technology sector has shown 1Y performance of 25.11% and average PE about 26.11, leaving Mynet cheaper on PE but with lower margins. Sector rotation into larger tech names can pressure small-cap game stocks on light volumes.
Investors should compare company-specific growth metrics such as revenue per share JPY 915.91 and ROE 8.19% against peers before taking positions.
Risks and catalysts
Key near-term risks include a weaker-than-expected earnings report on 13 Feb 2026 and continued lower liquidity; free cash flow metrics are limited in recent public data. Debt-to-equity is 1.14 which raises leverage sensitivity if top-line pressure increases.
Catalysts that could stem the decline include stronger user metrics for live titles, positive guidance in the next report, or a sector-wide rotation back into small-cap gaming names. For recent market commentary see Yahoo Finance quote and news and the latest headlines at Yahoo Finance news.
Final Thoughts
Mynet Inc. (3928.T) is a clear pre-market top loser on 03 Jan 2026 after a JPY 20.00 drop to JPY 281.00, with the day low at JPY 275.00 forming immediate support. The stock trades at a PE of 18.91 with EPS JPY 14.86 and a market cap of JPY 2,385,231,970.00. Technical indicators give mixed signals: RSI 59.38 supports momentum while ADX 33.73 flags a strong trend. Meyka AI’s forecast model projects a monthly price of JPY 260.91, implying -7.15% versus the current price JPY 281.00 — a model-based caution for near-term holders. Traders should monitor the 13 Feb 2026 earnings announcement and volume patterns; lower liquidity can amplify moves. As an AI-powered market analysis platform, Meyka AI highlights that the B+ grade reflects both relative value versus sector peers and medium-term growth metrics, but the grade is not a guarantee. Manage position size and use stop levels near JPY 275.00 for short-term trades while waiting for clearer post-earnings direction.
FAQs
The pre-market drop to JPY 281.00 (-6.64%) reflects thinner-than-normal volume selling, profit-taking after recent gains, and sensitivity ahead of the 13 Feb 2026 earnings release. Low liquidity among small-cap gaming names can accelerate such moves.
Key metrics: trailing PE 18.91, EPS JPY 14.86, price/book 1.49, price/sales 0.30 and cash per share JPY 247.86. Compare these to Technology peers and factor in ROE 8.19% and debt to equity 1.14.
Meyka AI’s model projects a monthly price of JPY 260.91. Versus the current JPY 281.00 this implies an estimated downside of -7.15%. Forecasts are model-based projections and not guarantees.
Short-term traders can watch support at JPY 275.00 with stops for risk control. Long-term investors should wait for post-earnings clarity and improved volume before adding to positions.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
