View Past PerformanceASJ バランスシートの健全性財務の健全性 基準チェック /46ASJの総株主資本は¥2.9B 、総負債は¥660.0Mで、負債比率は22.6%となります。総資産と総負債はそれぞれ¥4.8Bと¥1.9Bです。主要情報22.61%負債資本比率JP¥660.00m負債インタレスト・カバレッジ・レシオn/a現金JP¥1.09bエクイティJP¥2.92b負債合計JP¥1.91b総資産JP¥4.83b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Jul 07ASJ Inc. to Report Q1, 2027 Results on Aug 14, 2026ASJ Inc. announced that they will report Q1, 2027 results on Aug 14, 2026Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥303, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 38% over the past three years.Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥11.17 (vs JP¥30.94 in FY 2025)Full year 2026 results: EPS: JP¥11.17 (down from JP¥30.94 in FY 2025). Revenue: JP¥2.66b (down 2.9% from FY 2025). Net income: JP¥88.0m (down 64% from FY 2025). Profit margin: 3.3% (down from 9.0% in FY 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.New Risk • May 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.3% Last year net profit margin: 9.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (JP¥2.75b market cap, or US$17.3m).Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥364, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 14x in the IT industry in Japan. Total loss to shareholders of 26% over the past three years.お知らせ • May 15ASJ Inc., Annual General Meeting, Jun 25, 2026ASJ Inc., Annual General Meeting, Jun 25, 2026.Upcoming Dividend • Mar 25Upcoming dividend of JP¥3.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 6.6% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.8%).New Risk • Feb 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (JP¥2.65b market cap, or US$17.3m).Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥5.68 (vs JP¥3.02 in 3Q 2025)Third quarter 2026 results: EPS: JP¥5.68 (up from JP¥3.02 in 3Q 2025). Revenue: JP¥707.0m (up 13% from 3Q 2025). Net income: JP¥44.0m (up 83% from 3Q 2025). Profit margin: 6.2% (up from 3.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.お知らせ • Jan 06ASJ Inc. to Report Q3, 2026 Results on Feb 13, 2026ASJ Inc. announced that they will report Q3, 2026 results on Feb 13, 2026分析記事 • Nov 25ASJ's (TSE:2351) Profits May Not Reveal Underlying IssuesASJ Inc.'s ( TSE:2351 ) stock didn't jump after it announced some healthy earnings. We think that investors might be...Declared Dividend • Nov 17Dividend of JP¥2.00 announcedShareholders will receive a dividend of JP¥2.00. Ex-date: 30th March 2026 Payment date: 12th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.4%.お知らせ • Sep 27ASJ Inc. to Report Q2, 2026 Results on Nov 14, 2025ASJ Inc. announced that they will report Q2, 2026 results on Nov 14, 2025Reported Earnings • Aug 16First quarter 2026 earnings released: JP¥0.88 loss per share (vs JP¥0.50 loss in 1Q 2025)First quarter 2026 results: JP¥0.88 loss per share (further deteriorated from JP¥0.50 loss in 1Q 2025). Revenue: JP¥580.0m (down 11% from 1Q 2025). Net loss: JP¥7.00m (loss widened 75% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Aug 15ASJ Inc. (TSE:2351) announces an Equity Buyback for 200,000 shares, representing 2.52% for ¥110 million.ASJ Inc. (TSE:2351) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 2.52% of its issued share capital (excluding treasury stock), for ¥110 million. The purpose of the program is to to build a foundation for sustainable growth and to carry out flexible financial strategies. The program will be valid till March 31, 2026. As of August 14, 2025, the company had 7,951,082 shares in issue (excluding treasury stock) and 18 shares in treasury.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 28%After last week's 28% share price gain to JP¥394, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 24% over the past three years.分析記事 • Jul 09Improved Earnings Required Before ASJ Inc. (TSE:2351) Shares Find Their FeetWith a price-to-earnings (or "P/E") ratio of 11x ASJ Inc. ( TSE:2351 ) may be sending bullish signals at the moment...New Risk • Jul 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). High level of non-cash earnings (25% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥2.58b market cap, or US$17.6m).お知らせ • Jun 29ASJ Inc. to Report Q1, 2026 Results on Aug 14, 2025ASJ Inc. announced that they will report Q1, 2026 results on Aug 14, 2025分析記事 • May 23We Think That There Are Some Issues For ASJ (TSE:2351) Beyond Its Promising EarningsASJ Inc.'s ( TSE:2351 ) stock didn't jump after it announced some healthy earnings. Our analysis showed that there are...Reported Earnings • May 21Full year 2025 earnings released: EPS: JP¥30.94 (vs JP¥14.09 in FY 2024)Full year 2025 results: EPS: JP¥30.94 (up from JP¥14.09 in FY 2024). Revenue: JP¥2.74b (down 3.7% from FY 2024). Net income: JP¥246.0m (up 120% from FY 2024). Profit margin: 9.0% (up from 3.9% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥300, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 43% over the past three years.お知らせ • May 15ASJ Inc., Annual General Meeting, Jun 26, 2025ASJ Inc., Annual General Meeting, Jun 26, 2025.分析記事 • May 13ASJ (TSE:2351) Is Experiencing Growth In Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...New Risk • May 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (JP¥3.01b market cap, or US$20.3m).Buy Or Sell Opportunity • Apr 25Now 30% overvaluedOver the last 90 days, the stock has fallen 4.1% to JP¥354. The fair value is estimated to be JP¥273, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥289, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 56% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥2.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.4%).お知らせ • Mar 05ASJ Inc. to Report Fiscal Year 2025 Results on May 15, 2025ASJ Inc. announced that they will report fiscal year 2025 results on May 15, 2025Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: JP¥3.02 (vs JP¥1.01 in 3Q 2024)Third quarter 2025 results: EPS: JP¥3.02 (up from JP¥1.01 in 3Q 2024). Revenue: JP¥624.0m (down 7.3% from 3Q 2024). Net income: JP¥24.0m (up 200% from 3Q 2024). Profit margin: 3.8% (up from 1.2% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Jan 17ASJ Inc. to Report Q3, 2025 Results on Feb 13, 2025ASJ Inc. announced that they will report Q3, 2025 results on Feb 13, 2025分析記事 • Jan 08ASJ Inc.'s (TSE:2351) Popularity With Investors Is ClearWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 13x, you may consider ASJ...New Risk • Jan 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (JP¥3.11b market cap, or US$19.6m).お知らせ • Sep 13ASJ Inc. to Report Q2, 2025 Results on Nov 14, 2024ASJ Inc. announced that they will report Q2, 2025 results on Nov 14, 2024Reported Earnings • Aug 19First quarter 2025 earnings released: JP¥0.50 loss per share (vs JP¥5.66 loss in 1Q 2024)First quarter 2025 results: JP¥0.50 loss per share (improved from JP¥5.66 loss in 1Q 2024). Revenue: JP¥654.0m (up 9.9% from 1Q 2024). Net loss: JP¥4.00m (loss narrowed 91% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.お知らせ • Aug 08ASJ Inc. to Report Q1, 2025 Results on Aug 14, 2024ASJ Inc. announced that they will report Q1, 2025 results on Aug 14, 2024分析記事 • Aug 05ASJ Inc.'s (TSE:2351) 34% Cheaper Price Remains In Tune With EarningsThe ASJ Inc. ( TSE:2351 ) share price has fared very poorly over the last month, falling by a substantial 34%. Instead...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥331, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 64% over the past three years.Reported Earnings • May 19Full year 2024 earnings released: EPS: JP¥14.09 (vs JP¥7.80 in FY 2023)Full year 2024 results: EPS: JP¥14.09 (up from JP¥7.80 in FY 2023). Revenue: JP¥2.85b (up 3.4% from FY 2023). Net income: JP¥112.0m (up 81% from FY 2023). Profit margin: 3.9% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.お知らせ • May 16ASJ Inc., Annual General Meeting, Jun 25, 2024ASJ Inc., Annual General Meeting, Jun 25, 2024.お知らせ • May 03ASJ Inc. to Report Fiscal Year 2024 Results on May 14, 2024ASJ Inc. announced that they will report fiscal year 2024 results on May 14, 2024分析記事 • Apr 11Subdued Growth No Barrier To ASJ Inc. (TSE:2351) With Shares Advancing 38%ASJ Inc. ( TSE:2351 ) shares have had a really impressive month, gaining 38% after a shaky period beforehand. While...New Risk • Apr 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (JP¥4.33b market cap, or US$28.3m).Upcoming Dividend • Mar 21Upcoming dividend of JP¥2.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is on the higher end at 88% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.4%).Reported Earnings • Feb 16Third quarter 2024 earnings released: EPS: JP¥1.01 (vs JP¥2.14 in 3Q 2023)Third quarter 2024 results: EPS: JP¥1.01 (down from JP¥2.14 in 3Q 2023). Revenue: JP¥673.0m (flat on 3Q 2023). Net income: JP¥8.00m (down 53% from 3Q 2023). Profit margin: 1.2% (down from 2.5% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 09ASJ Inc. to Report Q3, 2024 Results on Feb 14, 2024ASJ Inc. announced that they will report Q3, 2024 results on Feb 14, 2024Reported Earnings • Nov 19Second quarter 2024 earnings released: EPS: JP¥1.64 (vs JP¥2.52 in 2Q 2023)Second quarter 2024 results: EPS: JP¥1.64 (down from JP¥2.52 in 2Q 2023). Revenue: JP¥733.0m (up 4.7% from 2Q 2023). Net income: JP¥13.0m (down 35% from 2Q 2023). Profit margin: 1.8% (down from 2.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Nov 01Asj Inc. to Report Q2, 2024 Results on Nov 14, 2023Asj Inc. announced that they will report Q2, 2024 results on Nov 14, 2023New Risk • Oct 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥4.37b market cap, or US$29.4m).Reported Earnings • Aug 14First quarter 2024 earnings released: JP¥5.66 loss per share (vs JP¥2.01 loss in 1Q 2023)First quarter 2024 results: JP¥5.66 loss per share (further deteriorated from JP¥2.01 loss in 1Q 2023). Revenue: JP¥595.0m (down 8.0% from 1Q 2023). Net loss: JP¥45.0m (loss widened 181% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.お知らせ • Aug 03Asj Inc. to Report Q1, 2024 Results on Aug 10, 2023Asj Inc. announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥7.80 (vs JP¥61.06 loss in FY 2022)Full year 2023 results: EPS: JP¥7.80 (up from JP¥61.06 loss in FY 2022). Revenue: JP¥2.75b (up 11% from FY 2022). Net income: JP¥62.0m (up JP¥546.0m from FY 2022). Profit margin: 2.3% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.お知らせ • May 10Asj Inc. to Report Fiscal Year 2023 Results on May 12, 2023Asj Inc. announced that they will report fiscal year 2023 results on May 12, 2023Upcoming Dividend • Mar 23Upcoming dividend of JP¥2.00 per share at 0.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 12 June 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%).Reported Earnings • Feb 16Third quarter 2023 earnings released: EPS: JP¥2.26 (vs JP¥2.77 loss in 3Q 2022)Third quarter 2023 results: EPS: JP¥2.26 (up from JP¥2.77 loss in 3Q 2022). Revenue: JP¥670.0m (up 16% from 3Q 2022). Net income: JP¥18.0m (up JP¥40.0m from 3Q 2022). Profit margin: 2.7% (up from net loss in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥2.52 (vs JP¥0.38 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥2.52 (up from JP¥0.38 loss in 2Q 2022). Revenue: JP¥700.0m (up 14% from 2Q 2022). Net income: JP¥20.0m (up JP¥23.0m from 2Q 2022). Profit margin: 2.9% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 2 independent directors (7 non-independent directors). Independent External Director Takashi Yasunaga was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 14First quarter 2023 earnings released: JP¥2.01 loss per share (vs JP¥3.05 loss in 1Q 2022)First quarter 2023 results: JP¥2.01 loss per share (up from JP¥3.05 loss in 1Q 2022). Revenue: JP¥647.0m (up 11% from 1Q 2022). Net loss: JP¥16.0m (loss narrowed 33% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.お知らせ • Aug 10Asj Inc. to Report Q1, 2023 Results on Aug 12, 2022Asj Inc. announced that they will report Q1, 2023 results on Aug 12, 2022お知らせ • May 18Asj Inc., Annual General Meeting, Jun 24, 2022Asj Inc., Annual General Meeting, Jun 24, 2022.Reported Earnings • May 17Full year 2022 earnings released: JP¥61.06 loss per share (vs JP¥5.47 profit in FY 2021)Full year 2022 results: JP¥61.06 loss per share (down from JP¥5.47 profit in FY 2021). Revenue: JP¥2.49b (flat on FY 2021). Net loss: JP¥484.0m (down JP¥527.0m from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.お知らせ • May 12Asj Inc. to Report Fiscal Year 2022 Results on May 13, 2022Asj Inc. announced that they will report fiscal year 2022 results on May 13, 2022Buying Opportunity • May 10Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥684, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company became loss making.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 2 independent directors (7 non-independent directors). Independent External Director Takashi Yasunaga was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Mar 23Upcoming dividend of JP¥2.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 10 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.5%).Buying Opportunity • Mar 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be JP¥665, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% per annum over the last 3 years. The company became loss making over the last year.Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: JP¥2.77 loss per share (down from JP¥6.48 profit in 3Q 2021). Revenue: JP¥579.0m (down 13% from 3Q 2021). Net loss: JP¥22.0m (down 143% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.お知らせ • Feb 06Asj Inc. to Report Q3, 2022 Results on Feb 10, 2022Asj Inc. announced that they will report Q3, 2022 results on Feb 10, 2022Reported Earnings • Nov 15Second quarter 2022 earnings released: JP¥0.38 loss per share (vs JP¥1.27 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥617.0m (up 3.0% from 2Q 2021). Net loss: JP¥3.00m (loss narrowed 70% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Reported Earnings • May 17Full year 2021 earnings released: EPS JP¥5.47 (vs JP¥3.06 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥2.51b (up 1.0% from FY 2020). Net income: JP¥43.0m (up 79% from FY 2020). Profit margin: 1.7% (up from 1.0% in FY 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥2.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 12 June 2021. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.3%).Is New 90 Day High Low • Mar 16New 90-day high: JP¥889The company is up 3.0% from a price of JP¥863 on 16 December 2020. Underperformed the Japanese market, which is up 10.0% over the last 90 days. Lagged the IT industry, which is up 6.0% over the same period.Reported Earnings • Feb 14Third quarter 2021 earnings released: EPS JP¥6.36 (vs JP¥1.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥666.0m (up 8.6% from 3Q 2020). Net income: JP¥50.0m (up 456% from 3Q 2020). Profit margin: 7.5% (up from 1.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 04Asj Inc. to Report Q3, 2021 Results on Feb 12, 2021Asj Inc. announced that they will report Q3, 2021 results on Feb 12, 2021Is New 90 Day High Low • Dec 10New 90-day low: JP¥866The company is down 21% from its price of JP¥1,102 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 7.0% over the same period.お知らせ • Nov 08Asj Inc. to Report Q2, 2021 Results on Nov 13, 2020Asj Inc. announced that they will report Q2, 2021 results on Nov 13, 2020お知らせ • Oct 20Asj Inc. announced that it expects to receive ¥9.009 million in funding from SMBC Nikko Securities Inc., Investment ArmAsj Inc. (TSE:2351) announced a private placement of 9,100 second stock acquisition rights at a price of ¥990 each for gross proceeds of ¥9,009,000 on October 19, 2020. The transaction will include participation from returning investor SMBC Nikko Securities Inc., Investment Arm rights through third party allotment. The initial exercise price is ¥ 1,102. There is no maximum strike price.The minimum strike price is ¥ 77. The transaction has been approved by the board of directors and is expected to close on September 4, 2020.お知らせ • Aug 24Asj Inc. to Report Q1, 2021 Results on Aug 14, 2020Asj Inc. announced that they will report Q1, 2021 results on Aug 14, 2020財務状況分析短期負債: 2351の 短期資産 ( ¥1.9B ) が 短期負債 ( ¥1.2B ) を超えています。長期負債: 2351の短期資産 ( ¥1.9B ) が 長期負債 ( ¥715.0M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 2351総負債よりも多くの現金を保有しています。負債の削減: 2351の負債対資本比率は、過去 5 年間で9.3%から22.6%に増加しました。債務返済能力: 2351の負債は 営業キャッシュフロー によって 十分にカバー されています ( 73.3% )。インタレストカバレッジ: 2351の負債に対する 利息支払い が EBIT によって 十分にカバーされている かどうかを判断するにはデータが不十分です。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/18 08:13終値2026/07/17 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ASJ Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Jul 07ASJ Inc. to Report Q1, 2027 Results on Aug 14, 2026ASJ Inc. announced that they will report Q1, 2027 results on Aug 14, 2026
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥303, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 38% over the past three years.
Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥11.17 (vs JP¥30.94 in FY 2025)Full year 2026 results: EPS: JP¥11.17 (down from JP¥30.94 in FY 2025). Revenue: JP¥2.66b (down 2.9% from FY 2025). Net income: JP¥88.0m (down 64% from FY 2025). Profit margin: 3.3% (down from 9.0% in FY 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
New Risk • May 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.3% Last year net profit margin: 9.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (JP¥2.75b market cap, or US$17.3m).
Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥364, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 14x in the IT industry in Japan. Total loss to shareholders of 26% over the past three years.
お知らせ • May 15ASJ Inc., Annual General Meeting, Jun 25, 2026ASJ Inc., Annual General Meeting, Jun 25, 2026.
Upcoming Dividend • Mar 25Upcoming dividend of JP¥3.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 6.6% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.8%).
New Risk • Feb 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (JP¥2.65b market cap, or US$17.3m).
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥5.68 (vs JP¥3.02 in 3Q 2025)Third quarter 2026 results: EPS: JP¥5.68 (up from JP¥3.02 in 3Q 2025). Revenue: JP¥707.0m (up 13% from 3Q 2025). Net income: JP¥44.0m (up 83% from 3Q 2025). Profit margin: 6.2% (up from 3.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
お知らせ • Jan 06ASJ Inc. to Report Q3, 2026 Results on Feb 13, 2026ASJ Inc. announced that they will report Q3, 2026 results on Feb 13, 2026
分析記事 • Nov 25ASJ's (TSE:2351) Profits May Not Reveal Underlying IssuesASJ Inc.'s ( TSE:2351 ) stock didn't jump after it announced some healthy earnings. We think that investors might be...
Declared Dividend • Nov 17Dividend of JP¥2.00 announcedShareholders will receive a dividend of JP¥2.00. Ex-date: 30th March 2026 Payment date: 12th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.4%.
お知らせ • Sep 27ASJ Inc. to Report Q2, 2026 Results on Nov 14, 2025ASJ Inc. announced that they will report Q2, 2026 results on Nov 14, 2025
Reported Earnings • Aug 16First quarter 2026 earnings released: JP¥0.88 loss per share (vs JP¥0.50 loss in 1Q 2025)First quarter 2026 results: JP¥0.88 loss per share (further deteriorated from JP¥0.50 loss in 1Q 2025). Revenue: JP¥580.0m (down 11% from 1Q 2025). Net loss: JP¥7.00m (loss widened 75% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Aug 15ASJ Inc. (TSE:2351) announces an Equity Buyback for 200,000 shares, representing 2.52% for ¥110 million.ASJ Inc. (TSE:2351) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 2.52% of its issued share capital (excluding treasury stock), for ¥110 million. The purpose of the program is to to build a foundation for sustainable growth and to carry out flexible financial strategies. The program will be valid till March 31, 2026. As of August 14, 2025, the company had 7,951,082 shares in issue (excluding treasury stock) and 18 shares in treasury.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 28%After last week's 28% share price gain to JP¥394, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 24% over the past three years.
分析記事 • Jul 09Improved Earnings Required Before ASJ Inc. (TSE:2351) Shares Find Their FeetWith a price-to-earnings (or "P/E") ratio of 11x ASJ Inc. ( TSE:2351 ) may be sending bullish signals at the moment...
New Risk • Jul 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). High level of non-cash earnings (25% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥2.58b market cap, or US$17.6m).
お知らせ • Jun 29ASJ Inc. to Report Q1, 2026 Results on Aug 14, 2025ASJ Inc. announced that they will report Q1, 2026 results on Aug 14, 2025
分析記事 • May 23We Think That There Are Some Issues For ASJ (TSE:2351) Beyond Its Promising EarningsASJ Inc.'s ( TSE:2351 ) stock didn't jump after it announced some healthy earnings. Our analysis showed that there are...
Reported Earnings • May 21Full year 2025 earnings released: EPS: JP¥30.94 (vs JP¥14.09 in FY 2024)Full year 2025 results: EPS: JP¥30.94 (up from JP¥14.09 in FY 2024). Revenue: JP¥2.74b (down 3.7% from FY 2024). Net income: JP¥246.0m (up 120% from FY 2024). Profit margin: 9.0% (up from 3.9% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥300, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 43% over the past three years.
お知らせ • May 15ASJ Inc., Annual General Meeting, Jun 26, 2025ASJ Inc., Annual General Meeting, Jun 26, 2025.
分析記事 • May 13ASJ (TSE:2351) Is Experiencing Growth In Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
New Risk • May 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (JP¥3.01b market cap, or US$20.3m).
Buy Or Sell Opportunity • Apr 25Now 30% overvaluedOver the last 90 days, the stock has fallen 4.1% to JP¥354. The fair value is estimated to be JP¥273, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥289, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 56% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥2.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.4%).
お知らせ • Mar 05ASJ Inc. to Report Fiscal Year 2025 Results on May 15, 2025ASJ Inc. announced that they will report fiscal year 2025 results on May 15, 2025
Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: JP¥3.02 (vs JP¥1.01 in 3Q 2024)Third quarter 2025 results: EPS: JP¥3.02 (up from JP¥1.01 in 3Q 2024). Revenue: JP¥624.0m (down 7.3% from 3Q 2024). Net income: JP¥24.0m (up 200% from 3Q 2024). Profit margin: 3.8% (up from 1.2% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Jan 17ASJ Inc. to Report Q3, 2025 Results on Feb 13, 2025ASJ Inc. announced that they will report Q3, 2025 results on Feb 13, 2025
分析記事 • Jan 08ASJ Inc.'s (TSE:2351) Popularity With Investors Is ClearWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 13x, you may consider ASJ...
New Risk • Jan 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (JP¥3.11b market cap, or US$19.6m).
お知らせ • Sep 13ASJ Inc. to Report Q2, 2025 Results on Nov 14, 2024ASJ Inc. announced that they will report Q2, 2025 results on Nov 14, 2024
Reported Earnings • Aug 19First quarter 2025 earnings released: JP¥0.50 loss per share (vs JP¥5.66 loss in 1Q 2024)First quarter 2025 results: JP¥0.50 loss per share (improved from JP¥5.66 loss in 1Q 2024). Revenue: JP¥654.0m (up 9.9% from 1Q 2024). Net loss: JP¥4.00m (loss narrowed 91% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
お知らせ • Aug 08ASJ Inc. to Report Q1, 2025 Results on Aug 14, 2024ASJ Inc. announced that they will report Q1, 2025 results on Aug 14, 2024
分析記事 • Aug 05ASJ Inc.'s (TSE:2351) 34% Cheaper Price Remains In Tune With EarningsThe ASJ Inc. ( TSE:2351 ) share price has fared very poorly over the last month, falling by a substantial 34%. Instead...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥331, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 64% over the past three years.
Reported Earnings • May 19Full year 2024 earnings released: EPS: JP¥14.09 (vs JP¥7.80 in FY 2023)Full year 2024 results: EPS: JP¥14.09 (up from JP¥7.80 in FY 2023). Revenue: JP¥2.85b (up 3.4% from FY 2023). Net income: JP¥112.0m (up 81% from FY 2023). Profit margin: 3.9% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
お知らせ • May 16ASJ Inc., Annual General Meeting, Jun 25, 2024ASJ Inc., Annual General Meeting, Jun 25, 2024.
お知らせ • May 03ASJ Inc. to Report Fiscal Year 2024 Results on May 14, 2024ASJ Inc. announced that they will report fiscal year 2024 results on May 14, 2024
分析記事 • Apr 11Subdued Growth No Barrier To ASJ Inc. (TSE:2351) With Shares Advancing 38%ASJ Inc. ( TSE:2351 ) shares have had a really impressive month, gaining 38% after a shaky period beforehand. While...
New Risk • Apr 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (JP¥4.33b market cap, or US$28.3m).
Upcoming Dividend • Mar 21Upcoming dividend of JP¥2.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is on the higher end at 88% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.4%).
Reported Earnings • Feb 16Third quarter 2024 earnings released: EPS: JP¥1.01 (vs JP¥2.14 in 3Q 2023)Third quarter 2024 results: EPS: JP¥1.01 (down from JP¥2.14 in 3Q 2023). Revenue: JP¥673.0m (flat on 3Q 2023). Net income: JP¥8.00m (down 53% from 3Q 2023). Profit margin: 1.2% (down from 2.5% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 09ASJ Inc. to Report Q3, 2024 Results on Feb 14, 2024ASJ Inc. announced that they will report Q3, 2024 results on Feb 14, 2024
Reported Earnings • Nov 19Second quarter 2024 earnings released: EPS: JP¥1.64 (vs JP¥2.52 in 2Q 2023)Second quarter 2024 results: EPS: JP¥1.64 (down from JP¥2.52 in 2Q 2023). Revenue: JP¥733.0m (up 4.7% from 2Q 2023). Net income: JP¥13.0m (down 35% from 2Q 2023). Profit margin: 1.8% (down from 2.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 01Asj Inc. to Report Q2, 2024 Results on Nov 14, 2023Asj Inc. announced that they will report Q2, 2024 results on Nov 14, 2023
New Risk • Oct 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥4.37b market cap, or US$29.4m).
Reported Earnings • Aug 14First quarter 2024 earnings released: JP¥5.66 loss per share (vs JP¥2.01 loss in 1Q 2023)First quarter 2024 results: JP¥5.66 loss per share (further deteriorated from JP¥2.01 loss in 1Q 2023). Revenue: JP¥595.0m (down 8.0% from 1Q 2023). Net loss: JP¥45.0m (loss widened 181% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 03Asj Inc. to Report Q1, 2024 Results on Aug 10, 2023Asj Inc. announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥7.80 (vs JP¥61.06 loss in FY 2022)Full year 2023 results: EPS: JP¥7.80 (up from JP¥61.06 loss in FY 2022). Revenue: JP¥2.75b (up 11% from FY 2022). Net income: JP¥62.0m (up JP¥546.0m from FY 2022). Profit margin: 2.3% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
お知らせ • May 10Asj Inc. to Report Fiscal Year 2023 Results on May 12, 2023Asj Inc. announced that they will report fiscal year 2023 results on May 12, 2023
Upcoming Dividend • Mar 23Upcoming dividend of JP¥2.00 per share at 0.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 12 June 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%).
Reported Earnings • Feb 16Third quarter 2023 earnings released: EPS: JP¥2.26 (vs JP¥2.77 loss in 3Q 2022)Third quarter 2023 results: EPS: JP¥2.26 (up from JP¥2.77 loss in 3Q 2022). Revenue: JP¥670.0m (up 16% from 3Q 2022). Net income: JP¥18.0m (up JP¥40.0m from 3Q 2022). Profit margin: 2.7% (up from net loss in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥2.52 (vs JP¥0.38 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥2.52 (up from JP¥0.38 loss in 2Q 2022). Revenue: JP¥700.0m (up 14% from 2Q 2022). Net income: JP¥20.0m (up JP¥23.0m from 2Q 2022). Profit margin: 2.9% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 2 independent directors (7 non-independent directors). Independent External Director Takashi Yasunaga was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 14First quarter 2023 earnings released: JP¥2.01 loss per share (vs JP¥3.05 loss in 1Q 2022)First quarter 2023 results: JP¥2.01 loss per share (up from JP¥3.05 loss in 1Q 2022). Revenue: JP¥647.0m (up 11% from 1Q 2022). Net loss: JP¥16.0m (loss narrowed 33% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.
お知らせ • Aug 10Asj Inc. to Report Q1, 2023 Results on Aug 12, 2022Asj Inc. announced that they will report Q1, 2023 results on Aug 12, 2022
お知らせ • May 18Asj Inc., Annual General Meeting, Jun 24, 2022Asj Inc., Annual General Meeting, Jun 24, 2022.
Reported Earnings • May 17Full year 2022 earnings released: JP¥61.06 loss per share (vs JP¥5.47 profit in FY 2021)Full year 2022 results: JP¥61.06 loss per share (down from JP¥5.47 profit in FY 2021). Revenue: JP¥2.49b (flat on FY 2021). Net loss: JP¥484.0m (down JP¥527.0m from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
お知らせ • May 12Asj Inc. to Report Fiscal Year 2022 Results on May 13, 2022Asj Inc. announced that they will report fiscal year 2022 results on May 13, 2022
Buying Opportunity • May 10Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥684, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company became loss making.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 2 independent directors (7 non-independent directors). Independent External Director Takashi Yasunaga was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥2.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 10 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.5%).
Buying Opportunity • Mar 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be JP¥665, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% per annum over the last 3 years. The company became loss making over the last year.
Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: JP¥2.77 loss per share (down from JP¥6.48 profit in 3Q 2021). Revenue: JP¥579.0m (down 13% from 3Q 2021). Net loss: JP¥22.0m (down 143% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.
お知らせ • Feb 06Asj Inc. to Report Q3, 2022 Results on Feb 10, 2022Asj Inc. announced that they will report Q3, 2022 results on Feb 10, 2022
Reported Earnings • Nov 15Second quarter 2022 earnings released: JP¥0.38 loss per share (vs JP¥1.27 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥617.0m (up 3.0% from 2Q 2021). Net loss: JP¥3.00m (loss narrowed 70% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Reported Earnings • May 17Full year 2021 earnings released: EPS JP¥5.47 (vs JP¥3.06 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥2.51b (up 1.0% from FY 2020). Net income: JP¥43.0m (up 79% from FY 2020). Profit margin: 1.7% (up from 1.0% in FY 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥2.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 12 June 2021. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.3%).
Is New 90 Day High Low • Mar 16New 90-day high: JP¥889The company is up 3.0% from a price of JP¥863 on 16 December 2020. Underperformed the Japanese market, which is up 10.0% over the last 90 days. Lagged the IT industry, which is up 6.0% over the same period.
Reported Earnings • Feb 14Third quarter 2021 earnings released: EPS JP¥6.36 (vs JP¥1.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥666.0m (up 8.6% from 3Q 2020). Net income: JP¥50.0m (up 456% from 3Q 2020). Profit margin: 7.5% (up from 1.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 04Asj Inc. to Report Q3, 2021 Results on Feb 12, 2021Asj Inc. announced that they will report Q3, 2021 results on Feb 12, 2021
Is New 90 Day High Low • Dec 10New 90-day low: JP¥866The company is down 21% from its price of JP¥1,102 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 7.0% over the same period.
お知らせ • Nov 08Asj Inc. to Report Q2, 2021 Results on Nov 13, 2020Asj Inc. announced that they will report Q2, 2021 results on Nov 13, 2020
お知らせ • Oct 20Asj Inc. announced that it expects to receive ¥9.009 million in funding from SMBC Nikko Securities Inc., Investment ArmAsj Inc. (TSE:2351) announced a private placement of 9,100 second stock acquisition rights at a price of ¥990 each for gross proceeds of ¥9,009,000 on October 19, 2020. The transaction will include participation from returning investor SMBC Nikko Securities Inc., Investment Arm rights through third party allotment. The initial exercise price is ¥ 1,102. There is no maximum strike price.The minimum strike price is ¥ 77. The transaction has been approved by the board of directors and is expected to close on September 4, 2020.
お知らせ • Aug 24Asj Inc. to Report Q1, 2021 Results on Aug 14, 2020Asj Inc. announced that they will report Q1, 2021 results on Aug 14, 2020