New Risk • Apr 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.4% 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 Risk Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risk Market cap is less than US$100m (JP¥9.93b market cap, or US$62.5m). Reported Earnings • Apr 14
Second quarter 2026 earnings released: EPS: JP¥20.19 (vs JP¥9.83 in 2Q 2025) Second quarter 2026 results: EPS: JP¥20.19 (up from JP¥9.83 in 2Q 2025). Revenue: JP¥4.05b (up 13% from 2Q 2025). Net income: JP¥198.0m (up 106% from 2Q 2025). Profit margin: 4.9% (up from 2.7% in 2Q 2025). The increase in margin was driven by higher revenue. Announcement • Apr 03
AR advanced technology, Inc. to Report Q2, 2026 Results on Apr 13, 2026 AR advanced technology, Inc. announced that they will report Q2, 2026 results on Apr 13, 2026 Buy Or Sell Opportunity • Jan 22
Now 22% undervalued Over the last 90 days, the stock has risen 2.9% to JP¥1,202. The fair value is estimated to be JP¥1,550, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last year. Earnings per share has grown by 259%. Reported Earnings • Jan 14
First quarter 2026 earnings released: EPS: JP¥37.96 (vs JP¥1.19 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥37.96 (up from JP¥1.19 loss in 1Q 2025). Revenue: JP¥3.90b (up 31% from 1Q 2025). Net income: JP¥124.0m (up JP¥136.0m from 1Q 2025). Profit margin: 3.2% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Announcement • Nov 16
AR advanced technology, Inc. to Report Q1, 2026 Results on Jan 13, 2026 AR advanced technology, Inc. announced that they will report Q1, 2026 results on Jan 13, 2026 Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥3,500, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 216% over the past year. Reported Earnings • Oct 15
Full year 2025 earnings released: EPS: JP¥136 (vs JP¥82.97 in FY 2024) Full year 2025 results: EPS: JP¥136 (up from JP¥82.97 in FY 2024). Revenue: JP¥14.2b (up 27% from FY 2024). Net income: JP¥445.0m (up 62% from FY 2024). Profit margin: 3.1% (up from 2.5% in FY 2024). The increase in margin was driven by higher revenue. Announcement • Oct 14
AR advanced technology, Inc., Annual General Meeting, Nov 27, 2025 AR advanced technology, Inc., Annual General Meeting, Nov 27, 2025. Buy Or Sell Opportunity • Sep 01
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 40% to JP¥2,790. The fair value is estimated to be JP¥2,250, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 9.8%. Announcement • Aug 01
AR advanced technology, Inc. to Report Fiscal Year 2025 Results on Oct 14, 2025 AR advanced technology, Inc. announced that they will report fiscal year 2025 results on Oct 14, 2025 Buy Or Sell Opportunity • Jul 28
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 58% to JP¥2,750. The fair value is estimated to be JP¥2,272, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 9.8%. Reported Earnings • Jul 14
Third quarter 2025 earnings released: EPS: JP¥50.75 (vs JP¥12.89 in 3Q 2024) Third quarter 2025 results: EPS: JP¥50.75 (up from JP¥12.89 in 3Q 2024). Revenue: JP¥3.75b (up 30% from 3Q 2024). Net income: JP¥164.0m (up 281% from 3Q 2024). Profit margin: 4.4% (up from 1.5% in 3Q 2024). The increase in margin was driven by higher revenue. Announcement • May 31
AR advanced technology, Inc. to Report Q3, 2025 Results on Jul 11, 2025 AR advanced technology, Inc. announced that they will report Q3, 2025 results on Jul 11, 2025 Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,000, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 6.0% over the past year. Buy Or Sell Opportunity • May 07
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at JP¥1,748. The fair value is estimated to be JP¥1,435, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last year. Earnings per share has declined by 27%. Buy Or Sell Opportunity • Apr 19
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to JP¥1,744. The fair value is estimated to be JP¥1,441, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last year. Earnings per share has declined by 27%. Reported Earnings • Apr 12
Second quarter 2025 earnings released: EPS: JP¥29.48 (vs JP¥11.19 in 2Q 2024) Second quarter 2025 results: EPS: JP¥29.48 (up from JP¥11.19 in 2Q 2024). Revenue: JP¥3.60b (up 33% from 2Q 2024). Net income: JP¥96.0m (up 160% from 2Q 2024). Profit margin: 2.7% (up from 1.4% in 2Q 2024). The increase in margin was driven by higher revenue. Announcement • Feb 13
AR advanced technology, Inc. to Report Q2, 2025 Results on Apr 11, 2025 AR advanced technology, Inc. announced that they will report Q2, 2025 results on Apr 11, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Market cap is less than US$100m (JP¥5.35b market cap, or US$33.9m). New Risk • Jan 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risks Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Market cap is less than US$100m (JP¥5.73b market cap, or US$36.4m). Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥1,697, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 21% over the past year. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,560, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 26% over the past year. Announcement • Nov 28
AR advanced technology, Inc. to Report Q1, 2025 Results on Jan 10, 2025 AR advanced technology, Inc. announced that they will report Q1, 2025 results on Jan 10, 2025 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,333, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 41% over the past year. Announcement • Nov 16
AR advanced technology, Inc. (TSE:5578) announces an Equity Buyback for 200,000 shares, representing 5.98% for ¥350 million. AR advanced technology, Inc. (TSE:5578) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 5.98% of its issued share capital (excluding treasury stock) for ¥350 million. The purpose of the program is to expand shareholder returns and enable flexible capital policy execution, while also serving as a part of company's growth strategy The program will be valid till May 31, 2025. As of August 31, 2024, the company had 3,345,220 shares issued, excluding treasury shares, and 100 shares in treasury. Reported Earnings • Oct 17
Full year 2024 earnings released: EPS: JP¥82.97 (vs JP¥105 in FY 2023) Full year 2024 results: EPS: JP¥82.97 (down from JP¥105 in FY 2023). Revenue: JP¥11.1b (up 9.5% from FY 2023). Net income: JP¥275.0m (down 14% from FY 2023). Profit margin: 2.5% (down from 3.1% in FY 2023). The decrease in margin was driven by higher expenses. Announcement • Oct 11
AR advanced technology, Inc., Annual General Meeting, Nov 27, 2024 AR advanced technology, Inc., Annual General Meeting, Nov 27, 2024. Announcement • Aug 27
AR advanced technology, Inc. to Report Fiscal Year 2024 Results on Oct 11, 2024 AR advanced technology, Inc. announced that they will report fiscal year 2024 results on Oct 11, 2024 Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥1,519, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 45% over the past year. Reported Earnings • Jul 16
Third quarter 2024 earnings released: EPS: JP¥12.89 (vs JP¥21.20 in 3Q 2023) Third quarter 2024 results: EPS: JP¥12.89 (down from JP¥21.20 in 3Q 2023). Revenue: JP¥2.88b (up 6.7% from 3Q 2023). Net income: JP¥43.0m (down 37% from 3Q 2023). Profit margin: 1.5% (down from 2.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Announcement • May 30
AR advanced technology, Inc. to Report Q3, 2024 Results on Jul 12, 2024 AR advanced technology, Inc. announced that they will report Q3, 2024 results on Jul 12, 2024 Reported Earnings • Apr 14
Second quarter 2024 earnings released Second quarter 2024 results: EPS: JP¥11.19. Net income: JP¥37.0m (up JP¥37.0m from 2Q 2023). Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,503, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 19x in the IT industry in Japan. Announcement • Feb 16
AR advanced technology, Inc. to Report Q2, 2024 Results on Apr 12, 2024 AR advanced technology, Inc. announced that they will report Q2, 2024 results on Apr 12, 2024 Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥2,749, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 18x in the IT industry in Japan. Reported Earnings • Jan 15
First quarter 2024 earnings released First quarter 2024 results: EPS: JP¥29.64. Net income: JP¥97.0m (up JP¥97.0m from 1Q 2023). Announcement • Nov 24
AR advanced technology, Inc. to Report Q1, 2024 Results on Jan 12, 2024 AR advanced technology, Inc. announced that they will report Q1, 2024 results on Jan 12, 2024 Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥1,966, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 18x in the IT industry in Japan. Announcement • Oct 16
AR advanced technology, Inc., Annual General Meeting, Nov 28, 2023 AR advanced technology, Inc., Annual General Meeting, Nov 28, 2023. Reported Earnings • Oct 15
Full year 2023 earnings released: EPS: JP¥105 (vs JP¥90.80 in FY 2022) Full year 2023 results: EPS: JP¥105 (up from JP¥90.80 in FY 2022). Revenue: JP¥10.2b (up 16% from FY 2022). Net income: JP¥319.0m (up 17% from FY 2022). Profit margin: 3.1% (in line with FY 2022). Board Change • Aug 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Outside Audit & Supervisory Board Member Shinichi Yamashita was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,465, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 19x in the IT industry in Japan. Announcement • Aug 03
AR advanced technology, Inc. to Report Q4, 2023 Results on Oct 13, 2023 AR advanced technology, Inc. announced that they will report Q4, 2023 results on Oct 13, 2023 Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,746, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 19x in the IT industry in Japan.