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ASJ Inc. logo

ASJ Inc.

2351.T

JPXTechnologySoftware - Infrastructure

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Latest quote

¥329

−¥3.00 · -0.90%

Aug 24, 3:30 PM JST

2351.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

ASJ Inc. is a Japanese company primarily focused on delivering a broad spectrum of internet services. Its core operations involve establishing and managing server infrastructure for online applications. The company further provides cloud computing solutions, handles payment processing systems, and offers expert internet consulting. ASJ Inc. excels in developing custom computer software and creating mobile applications for both iOS and Android platforms. Beyond its technology offerings, the firm also engages in real estate activities, including property leasing and management. Its comprehensive web services span from strategic planning and development to ongoing maintenance. Additionally, ASJ Inc. offers specialized software solutions for e-commerce platforms, logistics management, and enterprise resource planning (ERP). The company was founded in 1984 and is headquartered in Kawaguchi, Japan.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
JP
CEO
Haruaki Maruyama
Listed since
Jan 31, 2003
Employees
144

Market position

Day range

Current ¥329

52-week range

Current ¥329

Open
¥340
Previous close
¥332
Volume
24.5K
0.87× average
Average volume
28.12K
Average daily volume
Market cap
2.57B JPY
Beta
0.58
Market reference 1
50-day average
¥322.5
+2.02% above average
200-day average
¥338.78
-2.89% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.55B JPY
P/E (TTM)
23.23×
P/B (TTM)
0.88×
P/S (TTM)
0.93×
EV / EBITDA
6.2×
Earnings yield
2.98%
Free cash flow yield
15.08%
Dividend yield
0.91%

Profitability & efficiency

Gross margin
37.51%
Operating margin
5.61%
Net margin
4.01%
Return on equity
3.04%
Return on assets
1.84%
Return on invested capital
2.43%

Financial health

Debt / equity
0.23×
Current ratio
1.57×
Altman Z-score
1.7
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends47%23%-1%-25%Gross margin, FY2021: 35.58%Gross margin, FY2022: 37.46%Gross margin, FY2023: 38.97%Gross margin, FY2024: 40.80%Gross margin, FY2025: 38.08%Operating margin, FY2021: 0.60%Operating margin, FY2022: 2.85%Operating margin, FY2023: 3.44%Operating margin, FY2024: 5.78%Operating margin, FY2025: 4.95%Net margin, FY2021: -19.45%Net margin, FY2022: 2.28%Net margin, FY2023: 3.94%Net margin, FY2024: 9.00%Net margin, FY2025: 3.34%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 35.58%. Gross margin FY2022 37.46%. Gross margin FY2023 38.97%. Gross margin FY2024 40.80%. Gross margin FY2025 38.08%. Operating margin FY2021 0.60%. Operating margin FY2022 2.85%. Operating margin FY2023 3.44%. Operating margin FY2024 5.78%. Operating margin FY2025 4.95%. Net margin FY2021 -19.45%. Net margin FY2022 2.28%. Net margin FY2023 3.94%. Net margin FY2024 9.00%. Net margin FY2025 3.34%.

Income trends

Revenue

2.66B JPY-2.90%

Operating income

131.85M JPY-16.74%

Net income

88.8M JPY-64.02%
Income trends across reported periods3.18B JPY1.85B JPY514.87M JPY−817.76M JPYRevenue, FY2021: 2.49B JPYRevenue, FY2022: 2.75B JPYRevenue, FY2023: 2.85B JPYRevenue, FY2024: 2.74B JPYRevenue, FY2025: 2.66B JPYOperating income, FY2021: 15M JPYOperating income, FY2022: 78.54M JPYOperating income, FY2023: 98M JPYOperating income, FY2024: 158.36M JPYOperating income, FY2025: 131.85M JPYNet income, FY2021: −484.6M JPYNet income, FY2022: 62.83M JPYNet income, FY2023: 112.28M JPYNet income, FY2024: 246.77M JPYNet income, FY2025: 88.8M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.49B JPY. Revenue FY2022 2.75B JPY. Revenue FY2023 2.85B JPY. Revenue FY2024 2.74B JPY. Revenue FY2025 2.66B JPY. Operating income FY2021 15M JPY. Operating income FY2022 78.54M JPY. Operating income FY2023 98M JPY. Operating income FY2024 158.36M JPY. Operating income FY2025 131.85M JPY. Net income FY2021 −484.6M JPY. Net income FY2022 62.83M JPY. Net income FY2023 112.28M JPY. Net income FY2024 246.77M JPY. Net income FY2025 88.8M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue2.66B JPY2.74B JPY2.85B JPY2.75B JPY2.49B JPY
Cost of goods sold1.65B JPY1.62B JPY1.74B JPY1.72B JPY1.6B JPY
Gross profit1.01B JPY1.12B JPY1.11B JPY1.03B JPY886.49M JPY
Research and development—43.48M JPY59.39M JPY58M JPY53.29M JPY
Selling, general, and administrative881.7M JPY960.31M JPY907.27M JPY857M JPY799M JPY
Operating expenses881.7M JPY960.31M JPY1.01B JPY953.16M JPY1.37B JPY
Interest income10.3M JPY8.03M JPY8.96M JPY6.18M JPY5.15M JPY
Interest expense10.78M JPY5.35M JPY1.5M JPY1.81M JPY1.65M JPY
Depreciation and amortization279.29M JPY263.5M JPY273.04M JPY283.66M JPY319.98M JPY
Operating income131.85M JPY158.36M JPY98M JPY78.54M JPY15M JPY
Net income88.8M JPY246.77M JPY112.28M JPY62.83M JPY−484.6M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
1.92

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates28.9118.087.25-3.58Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual 1.92, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 3.08, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 26.67, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual -0.89, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual -1.34, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 5.7, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 7.8, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual 1.92, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates853.84M751.61M649.39M547.16MQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual 641M JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 625M JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 821M JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual 580M JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual 652M JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 707M JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 722M JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual 683M JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥3.00

2025 complete year+51.2% since 2021

2026 partial: ¥3.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Mar 30, 2027

¥3.00

Irregular

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥3.00

Special

Record Mar 31, 2026 · Payment Jun 11, 2026

Dividend

Ex-dividend Mar 28, 2025

¥3.00

Special

Record Mar 31, 2025 · Payment Jun 12, 2025

Dividend

Ex-dividend Mar 28, 2024

¥1.984

Annual

Record Mar 31, 2024 · Payment Jun 11, 2024

Dividend

Ex-dividend Mar 30, 2023

¥1.984

Annual

Record Mar 31, 2023 · Payment Jun 9, 2023

Dividend

Ex-dividend Mar 30, 2022

¥1.984

Annual

Record Mar 31, 2022 · Payment Jun 10, 2022

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