Asukanet Company, Limited (2438) AI Stock Analysis

• Market Cap: ¥6.71B
• Dividend Yield: 1.77%
• Average Volume (3M): 52.87K
• Price to Earnings (P/E): 37.9
• Beta (1Y): 0.61
• Revenue Growth: 0.84%
• EPS Growth: -256.50%
• Country: JP
• Employees: 440
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Personal Products & Services
• EPS (TTM): -0.43
• Shares Outstanding: 17,464,000
• 10 Day Avg. Volume: 108,670
• 30 Day Avg. Volume: 52,866
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥449.00
• Price Target Upside: 12.81% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: ¥449.00 ▲(12.81% Upside)

Asukanet Company, Limited's overall stock score is driven primarily by its strong financial stability and a robust balance sheet, despite challenges in profitability margins and cash flow generation. The technical analysis reflects bearish momentum with the stock trading below multiple moving averages, and the valuation suggests the stock might be overvalued with a high P/E ratio. The lack of earnings call data and corporate events means these factors did not influence the score.

Asukanet Company, Limited Business Overview & Revenue Model

Company Description

Asukanet Co., Ltd. engages in the memorial design service, personal publishing, and aerial imaging businesses in Japan. The company creates and sells photo books for individuals that support small lots from one book by on-demand printing, as well as develops related software; produces funeral photographs for funeral companies and homes; and provides aerial display related services. Asukanet Co., Ltd. was founded in 1995 and is headquartered in Hiroshima, Japan.

How the Company Makes Money

Asukanet Company, Limited generates revenue through multiple streams, primarily focusing on its three core business segments: funeral-related services, aerial display systems, and personalized photo books. The funeral-related services provide customized photo albums and displays used during memorial services, which are sold directly to funeral homes and related businesses. The aerial display systems segment focuses on the development and sale of innovative 3D holographic display technologies, targeting advertising companies and event organizers. Lastly, the personalized photo book business allows consumers to create custom photo albums through an online platform, generating income through direct sales to consumers and partnerships with photography businesses. The company benefits from strategic partnerships with technology firms and maintains a competitive edge through continuous innovation and adaptation to market trends.

Asukanet Company, Limited Financial Statement Overview

Summary

Asukanet Company, Limited demonstrates financial stability with consistent revenue growth and a robust balance sheet characterized by zero debt. The strong equity ratio provides a solid foundation for future growth. However, the decline in profitability margins and free cash flow growth rate indicates challenges in operational efficiency and cash generation.

Income Statement

Asukanet Company, Limited has shown a stable revenue growth trajectory with a 3.45% increase in the TTM compared to the previous annual report. The gross profit margin is strong at 44.97%, although there is a noticeable decline in EBIT and EBITDA margins compared to the past, indicating some pressure on operating profitability. Net profit margin has decreased to 2.49%, reflecting a decline in bottom-line profitability.

Balance Sheet

The company's balance sheet is robust with no debt, resulting in a debt-to-equity ratio of 0. The equity ratio is high at 89.28%, indicating strong capitalization and low financial leverage. Return on equity has decreased to 3.03% in the TTM, which suggests a decline in the efficiency of generating profits from shareholders' equity.

Cash Flow

The cash flow statement shows a decline in free cash flow compared to the previous period, with a negative growth rate. However, the company maintains a positive operating cash flow to net income ratio of 1.32, indicating healthy cash generation relative to net income. The free cash flow to net income ratio is also positive at 0.64, but decreased compared to previous periods.

Breakdown	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	7.26B	7.04B	6.98B	6.33B	5.77B
Gross Profit	3.04B	3.21B	3.28B	3.02B	2.69B
EBITDA	156.14M	845.87M	986.53M	842.41M	688.63M
Net Income	-263.06M	214.44M	482.50M	332.81M	225.50M
Balance Sheet
Total Assets	6.35B	7.09B	7.13B	6.90B	6.47B
Cash, Cash Equivalents and Short-Term Investments	1.69B	1.67B	2.05B	2.00B	1.82B
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	962.87M	933.63M	931.76M	875.45M	639.75M
Stockholders Equity	5.39B	6.16B	6.20B	6.02B	5.83B
Cash Flow
Free Cash Flow	661.34M	230.70M	416.16M	391.54M	-86.92M
Operating Cash Flow	863.03M	615.74M	695.45M	827.13M	359.34M
Investing Cash Flow	-324.63M	-702.73M	-331.55M	-91.26M	-335.82M
Financing Cash Flow	-516.54M	-301.05M	-315.64M	-157.76M	-169.86M

Asukanet Company, Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 398.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2438, the sentiment is Negative. The current price of 398 is below the 20-day moving average (MA) of 408.05, below the 50-day MA of 414.82, and below the 200-day MA of 438.67, indicating a bearish trend. The MACD of -6.18 indicates Positive momentum. The RSI at 36.90 is Neutral, neither overbought nor oversold. The STOCH value of 12.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2438.

Asukanet Company, Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7523	81 Outperform	15.16B	13.13	8.27%	2.70%	-1.20%	-8.71%
9160	73 Outperform	8.32B	9.22	9.90%	―	11.07%	5.85%
2485	69 Neutral	11.66B	9.63	9.19%	3.86%	25.26%	65.66%
9262	67 Neutral	9.19B	13.04	0.00%	1.90%	10.06%	4.96%
2438	64 Neutral	¥6.71B	37.95		1.77%	0.84%	-256.50%
7127	61 Neutral	5.19B	-36.38	-19.41%	―	10.73%	-6550.91%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%