Company DescriptionJapan Asia Investment Co., Ltd. is a private equity and venture capital company specializing in unlisted growth-oriented companies, medium-sized firms grappling with ownership succession issues, incubation, buyout, M&A, and corporations seeking to revitalize their businesses through restructuring. The firm seeks to invest in green technology or web related technology, environment, energy technologies, medical treatment, nursing care, health care, manufacturing, lifestyle business, digital contents and natural resource-related companies. It also offers financial, managerial support, and consulting services in the areas of initial public offerings, management buyouts, and mergers and acquisitions to these companies to grow and raise their corporate value. The firm focuses on investments across Asia. It also offers management of funds and financing services. Japan Asia Investment Co., Ltd. was founded in July 1981 and is based in Tokyo, Japan with an additional offices across Asia and United States.

How the Company Makes Money

Japan Asia Investment Company, Limited Financial Statement Overview

Summary

Japan Asia Investment shows a mixed financial outlook with improved revenue but persistent profitability challenges. The balance sheet reflects better leverage control, yet high debt levels remain a concern. Cash flows are inconsistent, underscoring liquidity management issues. While there are signs of improvement, the company needs to address profitability and cash conversion efficiency to ensure sustainable growth.

Income Statement

Neutral

The company shows volatile revenue with a TTM growth rate of 37% compared to the previous annual report. However, profitability is a concern as indicated by negative EBIT and EBITDA margins of -3.31% and -1.97% respectively in TTM, despite a positive net income margin of 4.42%. Historical revenue trends are inconsistent, with recent recovery but past declines.

Balance Sheet

Neutral

The balance sheet indicates moderate stability with an improving equity position. The debt-to-equity ratio has decreased from past values, currently at 1.06, suggesting better leverage management. The equity ratio has improved, reflecting increased stockholders' equity. However, the company still carries significant debt, which could pose risks if not managed carefully.

Cash Flow

Negative

Cash flow metrics show declining performance with TTM free cash flow at zero, compared to positive values in prior periods. The operating cash flow to net income ratio has weakened, indicating challenges in converting earnings into cash flow. The company's free cash flow has been inconsistent, highlighting potential liquidity risks.

TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Breakdown
Income Statement		Total Revenue
3.35B	3.09B	2.44B	3.87B	3.20B	3.71B
	Gross Profit
1.34B	1.30B	165.00M	1.42B	1.23B	1.19B
	EBIT
-111.00M	107.00M	-1.15B	11.00M	-237.00M	-163.00M
	EBITDA
-66.00M	153.00M	-1.10B	66.00M	-199.00M	-133.00M
	Net Income Common Stockholders
148.00M	400.00M	-1.70B	-295.00M	19.00M	33.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.81B	4.30B	2.54B	12.51B	15.20B	15.87B
	Total Assets
15.57B	15.42B	16.80B	18.77B	20.23B	25.16B
	Total Debt
7.34B	7.42B	9.83B	8.99B	9.52B	14.99B
	Net Debt
2.88B	3.11B	7.29B	5.86B	3.85B	8.50B
	Total Liabilities
8.24B	8.26B	10.66B	9.67B	10.79B	16.06B
	Stockholders Equity
6.95B	6.82B	5.57B	7.61B	7.80B	7.36B
Cash Flow		Free Cash Flow
0.00	0.00	456.00M	157.00M	-151.00M	1.65B
	Operating Cash Flow
161.00M	1.63B	456.00M	157.00M	-145.00M	1.73B
	Investing Cash Flow
58.00M	-178.00M	-2.00M	3.00M	212.00M	61.00M
	Financing Cash Flow
0.00	179.00M	-828.00M	-806.00M	-1.01B	-1.22B

Japan Asia Investment Company, Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (64)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JAN		€33.55M	13.15	6.36%	―	―	―
7347	68 Neutral	¥14.76B	30.17		2.89%	-4.73%	-51.89%
Sector *	64 Neutral	$12.87B	9.81	7.76%	16985.65%	12.28%	-7.83%
7345	55 Neutral	¥1.85B	1,103.57		0.71%	1.72%	-232.37%
2134	43 Neutral	¥9.27B	―		―	133.46%	0.03%
3266		¥3.09B	15.44		1.22%	―	―
7162	49 Neutral	¥3.01B	4.57		2.99%	40.13%	-133.81%

* Financial Sector Average

Performance Comparison

DE:JAN

Japan Asia Investment Company, Limited

1.52

0.15

10.95%

JP:2134

Sun Capital Management Corp.

24.00

2.00

9.09%

JP:3266

Fund Creation Group Co., Ltd.

82.00

-3.94

-4.58%

JP:7162

ASTMAX Co., Ltd. (7162)

234.00

8.32

3.69%

JP:7345

Ai Partners Financial Inc.

565.00

142.85

33.84%

JP:7347

Mercuria Holdings Co., Ltd.

761.00

-89.20

-10.49%

Glossary

OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.

NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.

UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.