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Adways, Inc. (2489) AI Stock Analysis
Adways, Inc.
(TSE/TYO:2489)
The overall score is constrained by weak financial performance, particularly negative free cash flow and declining margins, and bearish technical momentum. These significant risks are partially offset by a very strong, debt-free balance sheet and an attractive low P/E valuation.
Adways, Inc. (2489) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 12.12B
- Dividend Yield
- 1.65%
- Average Volume (3M)
- 324.96K
- Price to Earnings (P/E)
- 8.6
- Beta (1Y)
- 0.83
- Revenue Growth
- 4.61%
- EPS Growth
- ―
- Country
- Japan
- Employees
- 941
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Advertising Agencies
Adways, Inc. Business Overview & Revenue Model
Company Description
Adways Inc. offers affiliate advertising services across PC and mobile platforms, in addition to mobile application and content development, with operations spanning Japan, China, Taiwan, the Philippines, and the United States. Its diverse portfolio...
Adways, Inc. Financial Statement Overview
Summary
Financial performance is mixed. High gross margins and a debt-free balance sheet are strengths, but declining revenue, compressed operating margins, and four years of negative free cash flow weigh heavily on the score.
Income Statement
52NeutralBalance Sheet
68PositiveCash Flow
35Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.64B | 12.22B | 12.68B | 13.52B | 13.42B | 12.93B |
| Gross Profit | 10.61B | 10.10B | 10.35B | 10.95B | 10.81B | 10.61B |
| EBITDA | 1.63B | 780.62M | 370.14M | 1.82B | 4.42B | 2.36B |
| Net Income | 1.40B | 252.90M | -473.46M | 966.14M | 2.54B | 1.37B |
Balance Sheet | ||||||
| Total Assets | 22.41B | 22.30B | 22.88B | 25.42B | 27.91B | 25.43B |
| Cash, Cash Equivalents and Short-Term Investments | 9.98B | 9.92B | 10.04B | 10.19B | 12.87B | 12.76B |
| Total Debt | 0 | 0 | 3.22M | 20.68M | 0 | 0 |
| Total Liabilities | 7.76B | 8.34B | 9.00B | 10.82B | 11.59B | 10.49B |
| Stockholders Equity | 14.34B | 13.65B | 13.61B | 14.36B | 16.03B | 14.66B |
Cash Flow | ||||||
| Free Cash Flow | 0 | -127.12M | -216.90M | 161.55M | 129.64M | 1.02B |
| Operating Cash Flow | 0 | 216.01M | 338.75M | 810.15M | 538.11M | 1.14B |
| Investing Cash Flow | 0 | -132.61M | 3.00M | -313.02M | 1.81B | -428.56M |
| Financing Cash Flow | 0 | -134.79M | -236.44M | -2.86B | -1.91B | 2.67B |
Adways, Inc. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2489, the sentiment is Negative. The current price of 310.00 is below the 20-day moving average (MA) of 404.50, below the 50-day MA of 407.76, and below the 200-day MA of 315.18, indicating a bearish trend. The MACD of -12.30 indicates Positive momentum. The RSI at 20.75 is Positive, neither overbought nor oversold. The STOCH value of 11.35 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2489.
Adways, Inc. Peers Comparison
Overall Rating
JP:618078Outperform
JP:367564Neutral
JP:618564Neutral
JP:656262Neutral- JP:248952Neutral
JP:657945.3Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:6180 | 78Outperform | JPY 5.96B | 13.71 | ― | 6.93% | -1.51% | -34.53% |
| JP:3675 | 64Neutral | JPY 10.87B | 13.34 | ― | 2.73% | 14.91% | -43.20% |
| JP:6185 | 64Neutral | JPY 5.11B | 24.60 | ― | ― | 8.74% | -57.20% |
| JP:6562 | 62Neutral | JPY 10.88B | 14.70 | ― | ― | 14.00% | -71.98% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| JP:2489 | 52Neutral | JPY 15.09B | 8.63 | ― | 1.65% | 4.61% | ― |
| JP:6579 | 45Neutral | JPY 1.19B | -16.06 | ― | ― | -11.71% | 54.60% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:2489 | Adways, Inc. | 310.00 | 27.65 | 9.79% | |
| JP:3675 | Cross Marketing Group, Inc. | 549.00 | -96.61 | -14.96% | |
| JP:6180 | GMO Media, Inc. | 3520.00 | -1968.70 | -35.87% | |
| JP:6185 | SMN Corporation | 340.00 | -139.00 | -29.02% | |
| JP:6562 | Geniee, Inc. | 804.00 | -359.00 | -30.87% | |
| JP:6579 | logly, Inc. | 326.00 | -29.00 | -8.17% |
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.
Date of analysis: Nov 03, 2026