ASKUL Corporation logo

ASKUL Corporation

2678.T

JPXConsumer CyclicalSpecialty Retail

Latest quote

¥1,285

+¥5.00 · +0.39%

Aug 24, 1:31 PM JST

2678.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

ASKUL Corporation engages in e-commerce business in Japan. The company operates ASKUL, a website for small and medium-sized enterprises, as well as SOLOEL ARENA, a website for mid-tier and larger companies that provides office supplies, living supplies, furniture, general medical, pharmaceuticals, and medical equipment products. It also provides various services comprising make printed materials, such as business cards, envelopes, stamps, and personalized novelty goods; office coordinate services; and support services on an e-commerce website where customers can get advice by professional staffs, as well as sells SaaS, communication tools, and seminars for beginners. In addition, the company sells maintenance, repair, and operation supplies; provision of purchase solutions for large companies, and e-commerce website of professional items for dentists; and engages in agent business. Further, it is involved in the operation of e-commerce site for pet and gardening products; provision of logistics and small-cargo transportation, product storage, warehouse management, and delivery services for manufacturers and direct-order companies; and produces and sells bottled natural mineral water. The company was incorporated in 1963 and is headquartered in Tokyo, Japan.

Industry
Specialty Retail
Sector
Consumer Cyclical
Headquarters
JP
CEO
Akira Yoshioka
Listed since
Apr 27, 2004
Employees
3,697

Market position

Day range

Current ¥1,285

52-week range

Current ¥1,285

Open
¥1,280
Previous close
¥1,280
Volume
174.1K
0.41× average
Average volume
429.74K
Average daily volume
Market cap
115.05B JPY
Beta
0.53
Market reference 1
50-day average
¥1,233.5
+4.18% above average
200-day average
¥1,281.57
+0.27% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
129.97B JPY
P/E (TTM)
-5.2×
P/B (TTM)
2.42×
P/S (TTM)
0.29×
EV / EBITDA
-26.95×
Earnings yield
-20.33%
Free cash flow yield
-17.49%
Dividend yield
2.26%

Profitability & efficiency

Gross margin
22.17%
Operating margin
-4.49%
Net margin
-5.53%
Return on equity
-46.33%
Return on assets
-9.63%
Return on invested capital
-10.19%

Financial health

Debt / equity
1.47×
Current ratio
1.14×
Altman Z-score
2.03
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends28%16%4%-9%Gross margin, FY2021: 24.52%Gross margin, FY2022: 23.96%Gross margin, FY2023: 24.91%Gross margin, FY2024: 24.43%Gross margin, FY2025: 19.29%Operating margin, FY2021: 3.34%Operating margin, FY2022: 3.27%Operating margin, FY2023: 3.59%Operating margin, FY2024: 2.92%Operating margin, FY2025: -4.66%Net margin, FY2021: 2.15%Net margin, FY2022: 2.19%Net margin, FY2023: 4.06%Net margin, FY2024: 1.89%Net margin, FY2025: -5.53%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 24.52%. Gross margin FY2022 23.96%. Gross margin FY2023 24.91%. Gross margin FY2024 24.43%. Gross margin FY2025 19.29%. Operating margin FY2021 3.34%. Operating margin FY2022 3.27%. Operating margin FY2023 3.59%. Operating margin FY2024 2.92%. Operating margin FY2025 -4.66%. Net margin FY2021 2.15%. Net margin FY2022 2.19%. Net margin FY2023 4.06%. Net margin FY2024 1.89%. Net margin FY2025 -5.53%.

Income trends

Revenue

400.2B JPY-16.82%

Operating income

−18.64B JPY−32.68B JPY

Net income

−22.15B JPY−31.22B JPY
Income trends across reported periods531.43B JPY330.13B JPY128.83B JPY−72.48B JPYRevenue, FY2021: 428.52B JPYRevenue, FY2022: 446.71B JPYRevenue, FY2023: 471.68B JPYRevenue, FY2024: 481.1B JPYRevenue, FY2025: 400.2B JPYOperating income, FY2021: 14.31B JPYOperating income, FY2022: 14.62B JPYOperating income, FY2023: 16.95B JPYOperating income, FY2024: 14.04B JPYOperating income, FY2025: −18.64B JPYNet income, FY2021: 9.21B JPYNet income, FY2022: 9.79B JPYNet income, FY2023: 19.14B JPYNet income, FY2024: 9.07B JPYNet income, FY2025: −22.15B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 428.52B JPY. Revenue FY2022 446.71B JPY. Revenue FY2023 471.68B JPY. Revenue FY2024 481.1B JPY. Revenue FY2025 400.2B JPY. Operating income FY2021 14.31B JPY. Operating income FY2022 14.62B JPY. Operating income FY2023 16.95B JPY. Operating income FY2024 14.04B JPY. Operating income FY2025 −18.64B JPY. Net income FY2021 9.21B JPY. Net income FY2022 9.79B JPY. Net income FY2023 19.14B JPY. Net income FY2024 9.07B JPY. Net income FY2025 −22.15B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue400.2B JPY481.1B JPY471.68B JPY446.71B JPY428.52B JPY
Cost of goods sold323.01B JPY363.56B JPY354.18B JPY339.67B JPY323.44B JPY
Gross profit77.19B JPY117.54B JPY117.5B JPY107.04B JPY105.07B JPY
Selling, general, and administrative95.84B JPY103.5B JPY100.55B JPY92.42B JPY90.76B JPY
Operating expenses95.84B JPY103.5B JPY100.55B JPY92.42B JPY90.76B JPY
Interest income166M JPY119M JPY40M JPY44M JPY43M JPY
Interest expense714M JPY393M JPY392M JPY298M JPY226M JPY
Depreciation and amortization13.82B JPY11.15B JPY10.65B JPY7.18B JPY6.69B JPY
Operating income−18.64B JPY14.04B JPY16.95B JPY14.62B JPY14.31B JPY
Net income−22.15B JPY9.07B JPY19.14B JPY9.79B JPY9.21B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 8 misses, 0 met estimates
Average EPS surprise
-41.37%
11 comparable reports
Latest EPS result
-90.47
Estimate -54.36 · Miss by 66.42%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates44.63-3.74-52.11-100.48Q4 '24MissQ1 '25MissQ3 '25MissQ3 '25MissQ1 '26MissQ1 '26MissQ3 '26MissQ3 '26Estimate
Q4 2024, reported Dec 13, 2024: actual 23.62, estimate 30.28, surprise -21.99%, Miss. Q1 2025, reported Mar 18, 2025: actual 25.02, estimate 34.62, surprise -27.73%, Miss. Q3 2025, reported Jul 4, 2025: actual 31.42, estimate 34.21, surprise -8.16%, Miss. Q3 2025, reported Sep 16, 2025: actual 3.72, estimate 10.79, surprise -65.52%, Miss. Q1 2026, reported Jan 28, 2026: actual -76.41, estimate 17.45, surprise -537.88%, Miss. Q1 2026, reported Mar 27, 2026: actual -82.26, estimate -58.48, surprise -40.66%, Miss. Q3 2026, reported Jul 3, 2026: actual -90.47, estimate -54.36, surprise -66.42%, Miss. Q3 2026, reported Sep 15, 2026: actual —, estimate -1.55, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates128.96B110.37B91.78B73.19BQ4 '24MissQ1 '25MissQ3 '25MissQ3 '25BeatQ1 '26MissQ1 '26MissQ3 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 13, 2024: actual 119.55B JPY, estimate 123.67B JPY, surprise -3.33%, Miss. Q1 2025, reported Mar 18, 2025: actual 120.9B JPY, estimate 124B JPY, surprise -2.50%, Miss. Q3 2025, reported Jul 4, 2025: actual 122.27B JPY, estimate 122.57B JPY, surprise -0.25%, Miss. Q3 2025, reported Sep 16, 2025: actual 122.32B JPY, estimate 121.73B JPY, surprise +0.49%, Beat. Q1 2026, reported Jan 28, 2026: actual 86.4B JPY, estimate 122.47B JPY, surprise -29.45%, Miss. Q1 2026, reported Mar 27, 2026: actual 78.15B JPY, estimate 79.43B JPY, surprise -1.61%, Miss. Q3 2026, reported Jul 3, 2026: actual 113.32B JPY, estimate 110.43B JPY, surprise +2.62%, Beat. Q3 2026, reported Sep 15, 2026: actual —, estimate 114.87B JPY, surprise —, Comparison unavailable.

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