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A.D.Works Group Co.Ltd (JP:2982)
:2982
Japanese Market
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A.D.Works Group Co.Ltd (2982) AI Stock Analysis

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JP:2982

A.D.Works Group Co.Ltd

(2982)

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Neutral 61 (OpenAI - 5.2)
Rating:61Neutral
Price Target:
¥407.00
▼(-3.55% Downside)
Action:Reiterated
Date:06/02/26
The score is held back primarily by weak cash-flow quality and elevated leverage despite improving profitability. Technicals add near-term pressure given a clear downtrend and negative MACD. Valuation is the key support, with a very low P/E and solid dividend yield.
Positive Factors
Revenue scaling and growth trend
Consistent multi-year revenue scaling — more than tripling from 2020 to 2025 — indicates durable market demand and successful deal flow. Higher scale supports diversified income streams, potential operating leverage and long-term capacity to absorb project variability if cash conversion improves.
Negative Factors
Weak and volatile cash generation
Frequent negative operating and free cash flow, including a sharp deterioration in 2025, undermines internal funding for projects, increases reliance on external capital, and raises execution risk. Persistent cash deficits threaten investment flexibility and liquidity over months to years.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue scaling and growth trend
Consistent multi-year revenue scaling — more than tripling from 2020 to 2025 — indicates durable market demand and successful deal flow. Higher scale supports diversified income streams, potential operating leverage and long-term capacity to absorb project variability if cash conversion improves.
Read all positive factors

A.D.Works Group Co.Ltd (2982) vs. iShares MSCI Japan ETF (EWJ)

A.D.Works Group Co.Ltd Business Overview & Revenue Model

Company Description
A.D. Works Group Co., Ltd. operates as a comprehensive enterprise within the real estate sector. Its core activities involve both the sale and leasing of properties. Additionally, the company extends its services to include property management and...
How the Company Makes Money
A.D.Works Group Co., Ltd. generates revenue primarily through real estate transactions and asset management fees. The company earns income by acquiring undervalued or underperforming properties, improving them through redevelopment or operational ...

A.D.Works Group Co.Ltd Financial Statement Overview

Summary
Income statement strength (scaling revenue and improving net margin to ~4.9% in 2025) is offset by balance-sheet risk (debt-to-equity ~2.22) and a major cash-flow weakness (operating and free cash flow often negative, sharply negative again in 2025), raising liquidity and execution risk.
Income Statement
76
Positive
Balance Sheet
58
Neutral
Cash Flow
34
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue62.06B67.53B49.91B41.34B27.86B24.96B
Gross Profit10.20B11.84B8.64B7.02B5.39B4.73B
EBITDA4.53B6.29B3.36B2.59B1.50B1.09B
Net Income2.30B3.32B1.61B1.42B527.19M312.28M
Balance Sheet
Total Assets61.40B72.06B59.81B58.85B53.36B42.05B
Cash, Cash Equivalents and Short-Term Investments9.69B11.91B10.13B9.81B7.43B9.49B
Total Debt36.20B45.76B35.66B34.81B32.52B23.08B
Total Liabilities41.59B51.49B41.05B41.69B37.50B27.23B
Stockholders Equity19.79B20.58B18.74B17.14B15.81B14.79B
Cash Flow
Free Cash Flow-19.00M-7.19B1.27B-1.12B-11.52B-4.45B
Operating Cash Flow504.00M-5.95B1.73B-683.62M-11.45B-4.44B
Investing Cash Flow-598.00M-1.34B-329.79M-146.84M142.11M-123.59M
Financing Cash Flow-190.00M8.90B-1.20B3.01B10.07B5.26B

A.D.Works Group Co.Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price422.00
Price Trends
50DMA
392.06
Positive
100DMA
405.57
Positive
200DMA
422.95
Negative
Market Momentum
MACD
2.80
Negative
RSI
59.85
Neutral
STOCH
34.72
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2982, the sentiment is Positive. The current price of 422 is above the 20-day moving average (MA) of 389.38, above the 50-day MA of 392.06, and below the 200-day MA of 422.95, indicating a neutral trend. The MACD of 2.80 indicates Negative momentum. The RSI at 59.85 is Neutral, neither overbought nor oversold. The STOCH value of 34.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2982.

A.D.Works Group Co.Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
¥21.75B11.764.36%-0.08%-1.83%
67
Neutral
¥18.92B8.214.31%-12.81%-14.99%
67
Neutral
¥20.32B14.172.47%20.13%31.72%
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
61
Neutral
¥20.05B4.662.76%15.07%96.14%
59
Neutral
¥14.12B5.211.47%16.61%12.65%
52
Neutral
¥42.42B22.020.45%23.11%8.31%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:2982
A.D.Works Group Co.Ltd
407.00
109.84
36.96%
JP:2980
SRE Holdings Corp.
2,610.00
-515.36
-16.49%
JP:2991
LANDNET, Inc.
589.00
18.71
3.28%
JP:3276
Japan Property Management Center Co.Ltd.
1,329.00
216.64
19.48%
JP:3457
&Do Holdings Co.Ltd.
948.00
-83.67
-8.11%
JP:3484
Tenpo Innovation CO.,LTD.
1,150.00
195.71
20.51%
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.Date of analysis: Jun 02, 2026