Want to see JP:1852 full AI Analyst Report?
Top Page
Asanuma Corporation
(1852)
Select Model
Select Model
Rating:68Neutral
Price Target:
¥1,007.00
▼(-1.47% Downside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by solid financial performance (improving balance sheet and steady profitability) tempered by cash-flow volatility. Valuation is supportive with a reasonable P/E and strong dividend yield, while technicals are positive but appear overextended, increasing near-term downside risk.
Positive Factors
Improving Balance Sheet
Lower debt-to-equity in 2026, alongside growing equity, improves financial resilience and reduces balance-sheet pressure. This gives the project-based contractor more capacity to absorb execution swings and fund operations through the cycle.
Negative Factors
Recent Revenue Contraction
Revenue growth turned slightly negative in 2026 after strong 2025 performance, signaling that project awards or execution did not maintain prior momentum. A persistent slowdown could reduce operating leverage and make fixed overhead harder to absorb.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Balance Sheet
Lower debt-to-equity in 2026, alongside growing equity, improves financial resilience and reduces balance-sheet pressure. This gives the project-based contractor more capacity to absorb execution swings and fund operations through the cycle.
Read all positive factors
Asanuma Corporation (1852) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥74.56B
Dividend Yield4.88%
Average Volume (3M)456.21K
Price to Earnings (P/E)13.3
Beta (1Y)0.53
Revenue Growth-4.26%
EPS Growth11.07%
CountryJP
Employees1,806
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)69.49
Shares Outstanding80,786,290
10 Day Avg. Volume636,700
30 Day Avg. Volume456,209
Financial Highlights & Ratios
PEG Ratio1.48
Price to Book (P/B)1.59
Price to Sales (P/S)0.45
P/FCF Ratio4.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Asanuma Corporation Business Overview & Revenue Model
Company Description
Operating as a general contractor, Asanuma Corporation conducts its business both within Japan and on the global stage. Its diverse activities are structured around two core divisions: Building Construction and Civil Engineering. The firm's extens...
How the Company Makes Money
null...
Asanuma Corporation Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
74
Positive
Cash Flow
61
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 169.96B | 175.29B | 167.00B | 152.68B | 144.44B | 135.48B |
| Gross Profit | 20.01B | 19.59B | 17.99B | 14.15B | 15.14B | 13.44B |
| EBITDA | 8.57B | 8.04B | 7.52B | 7.94B | 7.61B | 6.21B |
| Net Income | 5.61B | 5.18B | 4.69B | 4.67B | 4.20B | 3.75B |
Balance Sheet | ||||||
| Total Assets | 108.64B | 118.18B | 115.24B | 101.25B | 93.03B | 90.13B |
| Cash, Cash Equivalents and Short-Term Investments | 27.55B | 23.89B | 16.83B | 13.03B | 11.89B | 13.19B |
| Total Debt | 14.13B | 14.22B | 21.56B | 14.98B | 10.33B | 10.68B |
| Total Liabilities | 59.47B | 67.97B | 69.10B | 52.54B | 48.37B | 47.46B |
| Stockholders Equity | 48.50B | 49.76B | 45.71B | 47.62B | 44.00B | 42.20B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 18.08B | 4.97B | -3.60B | 1.20B | 366.00M |
| Operating Cash Flow | 0.00 | 18.41B | 5.18B | -3.17B | 1.35B | 1.56B |
| Investing Cash Flow | 0.00 | -799.00M | -784.00M | 2.65B | 934.00M | -2.26B |
| Financing Cash Flow | 0.00 | -11.02B | -913.00M | 1.41B | -3.66B | -2.27B |
Asanuma Corporation Technical Analysis
Positive
1022.00
Price Trends
871.96
Positive
878.83
Positive
945.93
Negative
Market Momentum
17.17
Positive
59.98
Neutral
43.48
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1852, the sentiment is Positive. The current price of 1022 is above the 20-day moving average (MA) of 908.55, above the 50-day MA of 871.96, and above the 200-day MA of 945.93, indicating a neutral trend. The MACD of 17.17 indicates Positive momentum. The RSI at 59.98 is Neutral, neither overbought nor oversold. The STOCH value of 43.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:1852.
Asanuma Corporation Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ¥105.00B | 12.29 | ― | 4.38% | 0.40% | 67.67% | |
76 Outperform | ¥90.41B | 13.30 | ― | 1.25% | 7.70% | 18.20% | |
75 Outperform | ¥78.42B | 18.16 | ― | 0.99% | 20.15% | 38.61% | |
72 Outperform | ¥80.96B | 17.38 | ― | 0.96% | 3.19% | 10.90% | |
71 Outperform | ¥81.60B | 21.80 | ― | 8.02% | -3.89% | -22.30% | |
68 Neutral | ¥74.56B | 13.28 | ― | 3.64% | -4.26% | 11.07% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
JP:1852
Asanuma Corporation
923.00
107.39
13.17%
JP:1882
Toa Road Corporation
1,631.00
101.66
6.65%
JP:1939
Yondenko Corporation
2,183.00
865.16
65.65%
JP:6226
Moriya Transportation Engineering and Manufacturing Co.,Ltd.
2,243.00
-267.54
-10.66%
JP:9621
CTI Engineering Co., Ltd.
3,195.00
318.50
11.07%
JP:9663
Nagawa Co., Ltd.
5,140.00
-1,265.51
-19.76%
Asanuma Corporation Corporate Events
Asanuma Launches Share Buyback and Cancellation to Lift Capital Efficiency
Aug 6, 2026
Asanuma Corporation’s board has approved the acquisition of up to 1.2 million shares of its common stock, representing about 1.49% of outstanding shares, for a maximum of ¥1 billion through market purchases on the Tokyo Stock Exchange b...
Asanuma Outlines Q1 FY2027 Results and Project Pipeline
Aug 6, 2026
Asanuma Corporation released support documentation for the first quarter of the fiscal year ending March 31, 2027, outlining consolidated and non-consolidated financial results. The materials highlight breakdowns of orders, net sales, backlogs, an...
Asanuma Boosts Q1 Profits Despite Lower Sales, Keeps Full-Year Outlook and Dividend Plan Intact
Aug 6, 2026
Asanuma Corporation reported consolidated net sales of ¥37.37 billion for the three months ended June 30, 2026, down 12.5% year-on-year, but significantly improved profitability, with operating profit up 51.7% and profit attributable to owner...
Asanuma Completes Restricted Stock Grant to Executive Officers
Jul 24, 2026
Asanuma Corporation has completed the payment procedures for the disposal of 59,680 shares of its treasury stock, which were granted as restricted stock compensation to 18 executive officers who do not concurrently serve as directors. The shares w...
Asanuma Completes Tokyo Stock Exchange Share Buyback
Jul 2, 2026
Asanuma Corporation, a Prime Market-listed company on the Tokyo Stock Exchange under code 1852, has access to capital markets that allow it to conduct share repurchase programs through open-market transactions. Its governance framework under the C...
Asanuma to Grant Restricted Treasury Shares to Directors, Officers and Employees
Jun 25, 2026
Asanuma Corporation has approved the disposal of its treasury stock as restricted stock to directors, executive officers, and employees as part of a share-based compensation plan. The move aims to reinforce incentives for continuous improvement in...
Asanuma to Buy Back Shares for Restricted Stock Compensation Plan
Jun 25, 2026
Asanuma Corporation has approved the acquisition of up to 300,000 shares of its common stock, equivalent to about 0.37% of shares outstanding excluding treasury stock, with a maximum total acquisition value of ¥270 million. The buyback will b...
Asanuma Corp Raises Year-End Dividend, Targets 70% Payout Ratio
May 19, 2026
Asanuma Corporation has proposed a year-end dividend of 29 yen per share for the fiscal year ended March 31, 2026, up from 26 yen a year earlier, with total dividends rising to 2,341 million yen. The proposal, with a record date of March 31 and an...
Asanuma to Acquire Singapore’s T3 International to Boost ASEAN Renovation Business
May 19, 2026
Asanuma Corporation has moved to expand its renovation footprint in Southeast Asia by acquiring Singapore-based T3 International Pte. Ltd., a specialist in exterior and interior building painting, and converting it into a subsidiary. The deal, ali...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.