AViC Co. Ltd. (9554) AI Stock Analysis

AViC Co. Ltd.

(TSE/TYO:9554)

Select Model

Rating:79Outperform

Price Target:JPY 1,758.00▲(14.53% Upside)

Action:reiterated

Date:08/21/26

The score is driven primarily by strong financial performance (solid growth, high margins, and excellent cash conversion) and supportive technical strength (price above major moving averages with constructive momentum). Valuation is reasonable at a mid-teens P/E, providing moderate support.

Positive Factors

Strong Revenue Growth and ProfitabilityAViC combines meaningful revenue growth with high gross, net, EBIT, and EBITDA margins. This indicates that its digital marketing and consulting services are currently scaling while retaining substantial profitability, supporting reinvestment and resilience over the next several quarters.

Negative Factors

Declining Return on EquityThe decline in return on equity suggests that AViC is generating profits less efficiently from its shareholders’ capital than in prior years. If this trend persists, it could reduce the effectiveness of retained earnings and make future growth less productive from an ownership perspective.

AViC Co. Ltd. (9554) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 9.76B
Dividend Yield: ―
Average Volume (3M): 31.67K
Price to Earnings (P/E): 13.7
Beta (1Y): 0.43
Revenue Growth: 68.71%
EPS Growth: 54.17%
Country: Japan
Employees: 91
Sector: General
Sector Strength: 55
Industry: Advertising Agencies

AViC Co. Ltd. Business Overview & Revenue Model

Company Description

AViC Co., Ltd. operates as a digital marketing agency within Japan. The firm delivers a broad array of online promotional solutions, which include securing advertising placements, assessing campaign performance, and overseeing general ad operations....

How the Company Makes Money

AViC makes money primarily by providing digital marketing services to client companies. Revenue is generated through fees associated with managing and optimizing clients’ online advertising and marketing activities (e.g., campaign planning, ad operat...

AViC Co. Ltd. Financial Statement Overview

Summary

Strong fundamentals overall: revenue grew 17.5% with healthy profitability (gross margin 60.8%, net margin 20.1%; EBIT/EBITDA margins 27.6%/30.0%). Cash generation is also strong (free cash flow to net income 98.5%). Balance sheet leverage is prudent (debt-to-equity 0.31; equity ratio 58.5%), though return on equity has declined, slightly tempering the score.

Income Statement

85Very Positive

Balance Sheet

78Positive

Cash Flow

82Very Positive

Financial statement breakdown
Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	3.85B	2.68B	1.93B	1.49B	1.25B	1.33B
Gross Profit	2.36B	1.63B	1.14B	798.64M	660.90M	364.14M
EBITDA	1.19B	803.35M	493.07M	306.91M	312.16M	115.56M
Net Income	711.54M	539.63M	310.05M	219.27M	226.23M	78.76M
Balance Sheet
Total Assets	5.86B	4.01B	2.51B	1.68B	1.46B	645.04M
Cash, Cash Equivalents and Short-Term Investments	2.72B	2.10B	1.24B	749.93M	724.13M	328.51M
Total Debt	1.97B	730.61M	330.69M	192.01M	40.86M	61.86M
Total Liabilities	2.94B	1.64B	942.48M	697.03M	742.61M	300.59M
Stockholders Equity	2.90B	2.34B	1.56B	978.76M	713.01M	344.45M
Cash Flow
Free Cash Flow	656.54M	656.54M	254.81M	-9.16M	318.52M	14.46M
Operating Cash Flow	666.36M	666.36M	319.91M	-5.53M	324.08M	15.24M
Investing Cash Flow	-148.51M	-148.51M	6.17M	-166.32M	-33.51M	-25.65M
Financing Cash Flow	343.17M	343.17M	143.36M	197.66M	105.04M	9.38M

AViC Co. Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price1535.00

Price Trends

50DMA1707.52Negative

100DMA1649.81Negative

200DMA1633.98Negative

Market Momentum

MACD-50.94Positive

RSI36.61Neutral

STOCH8.61Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9554, the sentiment is Negative. The current price of 1535.00 is below the 20-day moving average (MA) of 1658.55, below the 50-day MA of 1707.52, and below the 200-day MA of 1633.98, indicating a bearish trend. The MACD of -50.94 indicates Positive momentum. The RSI at 36.61 is Neutral, neither overbought nor oversold. The STOCH value of 8.61 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9554.

AViC Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

JP:9554 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:9554	79Outperform	JPY 9.78B	13.68	―	―	68.71%	54.17%
JP:2173	78Outperform	JPY 12.60B	6.87	―	4.23%	26.42%	58.92%
JP:2436	74Outperform	JPY 9.80B	10.07	―	1.25%	18.28%	57.06%
JP:2130	72Outperform	JPY 7.95B	7.60	―	5.54%	5.86%	-12.88%
JP:2122	67Neutral	JPY 8.89B	16.31	―	2.29%	10.50%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
JP:2491	49Neutral	JPY 13.12B	-3.88	―	7.88%	-59.47%	-181.86%

* General Sector Average

Performance Comparison

JP:9554 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:9554	AViC Co. Ltd.	1535.00	-294.00	-16.07%
JP:2122	Interspace Co., Ltd.	1312.00	89.59	7.33%
JP:2130	Members Co., Ltd.	596.00	-580.26	-49.33%
JP:2173	Hakuten Corporation	781.00	145.83	22.96%
JP:2436	Kyodo Public Relations Co., Ltd.	561.00	143.34	34.32%
JP:2491	ValueCommerce Co., Ltd.	406.00	-233.20	-36.48%

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 21, 2026

AViC Co. Ltd. AI Stock Analysis