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Asahi Concrete Works Co., Ltd. (JP:5268)
:5268
Japanese Market
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Asahi Concrete Works Co., Ltd. (5268) AI Stock Analysis

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JP:5268

Asahi Concrete Works Co., Ltd.

(5268)

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Outperform 70 (OpenAI - 5.2)
Rating:70Outperform
Price Target:
¥957.00
▲(13.66% Upside)
Action:Upgraded
Date:08/17/26
The score is driven primarily by solid overall financial performance, led by a conservative, low-debt balance sheet and improving recent earnings, partially offset by uneven cash-flow conversion (negative free cash flow in 2026). Technicals are mixed with improving short-term momentum but weaker longer-term trend and elevated oscillators. Valuation is neutral with a mid-range P/E and a modest dividend yield.
Positive Factors
Conservative Balance Sheet
Very low and declining leverage reduces refinancing risk and interest pressure, giving Asahi Concrete Works financial flexibility to withstand construction cycles and fund operations without relying heavily on external borrowing.
Negative Factors
Weak Recent Cash Conversion
Negative recent free cash flow and lower operating cash generation indicate that reported earnings are not consistently converting into cash. Working-capital movements or investment needs could constrain funding flexibility if weakness persists.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Very low and declining leverage reduces refinancing risk and interest pressure, giving Asahi Concrete Works financial flexibility to withstand construction cycles and fund operations without relying heavily on external borrowing.
Read all positive factors

Asahi Concrete Works Co., Ltd. (5268) vs. iShares MSCI Japan ETF (EWJ)

Asahi Concrete Works Co., Ltd. Business Overview & Revenue Model

Company Description
Asahi Concrete Works Co., Ltd. is a Japanese firm specializing in the production and distribution of diverse concrete products. Its comprehensive portfolio includes items such as box culverts, rainwater storage tanks, manholes, common ditches, eme...
How the Company Makes Money
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Asahi Concrete Works Co., Ltd. Financial Statement Overview

Summary
Strong balance sheet strength (very low leverage and growing equity) supports resilience, while income statement trends show improving profit dollars and steady net margins alongside recent revenue growth. The main offset is cash-flow volatility, with 2026 free cash flow turning slightly negative and operating cash flow falling versus 2025.
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
60
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue7.71B7.64B7.22B7.07B6.58B6.47B
Gross Profit1.86B1.63B1.52B1.36B1.30B1.30B
EBITDA1.11B857.77M779.71M647.40M580.36M574.76M
Net Income627.62M455.22M411.75M337.61M311.58M309.87M
Balance Sheet
Total Assets16.47B16.77B16.02B14.52B13.58B13.72B
Cash, Cash Equivalents and Short-Term Investments4.82B4.64B5.28B5.07B4.89B4.69B
Total Debt620.00M629.18M678.06M704.41M721.00M743.13M
Total Liabilities3.65B4.05B3.90B3.66B3.21B3.55B
Stockholders Equity12.82B12.71B12.13B10.85B10.37B10.18B
Cash Flow
Free Cash Flow0.00-44.58M579.54M211.62M491.02M195.19M
Operating Cash Flow0.00388.23M883.43M414.79M740.08M388.02M
Investing Cash Flow0.00-348.83M-406.37M-42.31M-352.05M-322.10M
Financing Cash Flow0.00-274.63M-270.69M-186.57M-191.82M-499.94M

Asahi Concrete Works Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price842.00
Price Trends
50DMA
833.86
Positive
100DMA
882.14
Negative
200DMA
931.31
Negative
Market Momentum
MACD
1.69
Negative
RSI
53.40
Neutral
STOCH
41.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5268, the sentiment is Positive. The current price of 842 is above the 20-day moving average (MA) of 837.00, above the 50-day MA of 833.86, and below the 200-day MA of 931.31, indicating a neutral trend. The MACD of 1.69 indicates Negative momentum. The RSI at 53.40 is Neutral, neither overbought nor oversold. The STOCH value of 41.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5268.

Asahi Concrete Works Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
¥13.48B5.413.21%-4.31%229.34%
75
Outperform
¥59.15B7.313.25%11.13%105.93%
70
Outperform
¥11.12B17.521.71%7.46%72.19%
66
Neutral
¥184.59B15.095.85%2.10%4.79%25.74%
63
Neutral
¥479.42B17.343.93%2.43%1.17%-45.49%
63
Neutral
¥21.32B23.522.41%0.13%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:5268
Asahi Concrete Works Co., Ltd.
835.00
8.56
1.04%
JP:5232
Sumitomo Osaka Cement Co
5,627.00
1,799.88
47.03%
JP:5233
Taiheiyo Cement
4,202.00
287.54
7.35%
JP:5269
Nippon Concrete Industries Co., Ltd.
382.00
79.23
26.17%
JP:5282
Geostr Corporation
429.00
127.31
42.20%
JP:5288
ASIA PILE HOLDINGS Corporation
1,565.00
367.83
30.72%
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: Aug 17, 2026