Why is ASJ Inc. ?
1
Poor Management Efficiency with a low ROE of 3.35%
- The company has been able to generate a Return on Equity (avg) of 3.35% signifying low profitability per unit of shareholders funds
2
Flat results in Dec 25
- INTEREST(HY) At JPY 6.12 MM has Grown at 222.4%
- OPERATING CASH FLOW(Y) Lowest at JPY 0 MM
- DEBTORS TURNOVER RATIO(HY) Lowest at 4.45 times
3
Underperformed the market in the last 1 year
- The stock has generated a return of 23.65% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 66.43%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Commercial Services & Supplies)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is ASJ Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
ASJ Inc.
36.64%
-0.29
57.11%
Japan Nikkei 225
66.43%
2.61
25.49%
Quality key factors
Factor
Value
Sales Growth (5y)
1.64%
EBIT Growth (5y)
31.27%
EBIT to Interest (avg)
33.94
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.08
Sales to Capital Employed (avg)
0.88
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
9.67%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.56%
ROE (avg)
3.35%
Valuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
1.04
EV to EBIT
14.40
EV to EBITDA
5.62
EV to Capital Employed
1.04
EV to Sales
0.94
PEG Ratio
0.30
Dividend Yield
NA
ROCE (Latest)
7.23%
ROE (Latest)
8.40%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
5What is working for the Company
PRE-TAX PROFIT(Q)
At JPY 56.97 MM has Grown at 464.66%
RAW MATERIAL COST(Y)
Fallen by -0.89% (YoY
NET PROFIT(Q)
At JPY 45.06 MM has Grown at 84.24%
-12What is not working for the Company
INTEREST(HY)
At JPY 6.12 MM has Grown at 222.4%
OPERATING CASH FLOW(Y)
Lowest at JPY 0 MM
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.45 times
Here's what is working for ASJ Inc.
Pre-Tax Profit
At JPY 56.97 MM has Grown at 464.66%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 45.06 MM has Grown at 84.24%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Raw Material Cost
Fallen by -0.89% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for ASJ Inc.
Interest
At JPY 6.12 MM has Grown at 222.4%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Operating Cash Flow
Lowest at JPY 0 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (JPY MM)
Debtors Turnover Ratio
Lowest at 4.45 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






