Balance Sheet StrengthLow leverage and a rising equity base provide ASJ with durable financial flexibility to fund R&D, absorb downturns, or pursue strategic opportunities without immediate external financing. A strong equity ratio reduces refinancing risk and supports multi‑quarter resilience and capital allocation options.

Improving ProfitabilitySustained expansion of EBIT/EBITDA margins signals structural operational improvements—better cost control, pricing power, or higher‑margin mix. Margin durability enhances long‑term earnings power and the firm's ability to fund investments and withstand revenue variability over the next several quarters.

Operating Cash GenerationConsistently strong operating cash flow underpins self‑funding capability for working capital and capex, reducing reliance on external capital. Reliable cash generation supports sustainable investment in products and services and preserves strategic optionality across a 2–6 month horizon.

Bears Say

Free Cash Flow VariabilityVolatile free cash flow and weaker conversion of earnings into FCF constrain durable capital allocation. If conversion issues persist, the company may struggle to translate margin gains into cash for reinvestment, dividends, or M&A, limiting long‑run financial flexibility.

Recent Revenue ContractionRecent negative revenue growth indicates near‑term demand or market share headwinds that could erode the base for margin improvements. Continued top‑line weakness would make sustaining profit gains and cash generation harder, pressuring strategic investments over coming quarters.

Past Operational VolatilityA historical negative EBIT reflects sensitivity to cost or demand shocks and shows operational performance can deteriorate. This legacy of volatility raises the risk that cyclical contracts or cost pressures could reoccur, undermining margin durability and forecasting reliability.

ASJ Inc. News

ASJ Inc. Posts Higher Revenue but Lower Profit, Keeps Cautious Outlook

ASJ Inc. ( ($JP:2351) ) has issued an update. ASJ Inc. reported modest revenue growth of 1.0% to...

5d ago

2351

ASJ Secures Dual Listing on TSE Standard and Nagoya Main Markets to Bolster Growth

ASJ Inc. ( ($JP:2351) ) has issued an update. ASJ Inc. has shifted its listing from the Tokyo...

12d ago

2351

ASJ Inc. Reports No Share Buybacks in January as Ongoing Repurchase Program Nears Quota

ASJ Inc. ( ($JP:2351) ) has provided an announcement. ASJ Inc. reported that, during the January 1–31, 2026...

16d ago

2351

ASJ Wins Approval for Dual Listing on TSE Standard and Nagoya Main Markets

ASJ Inc. ( ($JP:2351) ) just unveiled an announcement. ASJ Inc. has received regulatory approval to transfer its...

19d ago

2351

ASJ Inc. Reports Decline in Financial Performance for H1 2025

ASJ Inc. ( ($JP:2351) ) has shared an update. ASJ Inc. reported a decline in its financial performance...

3M ago

2351

ASJ Inc. Reports Decline in Q2 2025 Financial Results

ASJ Inc. ( ($JP:2351) ) has issued an update. ASJ Inc. reported a decline in sales and profits...

6M ago

2351

2351 FAQ

What was ASJ Inc.’s price range in the past 12 months?

ASJ Inc. lowest stock price was ¥271.00 and its highest was ¥441.00 in the past 12 months.

What is ASJ Inc.’s market cap?

ASJ Inc.’s market cap is ¥2.53B.

When is ASJ Inc.’s upcoming earnings report date?

ASJ Inc.’s upcoming earnings report date is May 15, 2026 which is in 86 days.

How were ASJ Inc.’s earnings last quarter?

ASJ Inc. released its earnings results on Feb 06, 2026. The company reported ¥5.7 earnings per share for the quarter, beating the consensus estimate of N/A by ¥5.7.

Is ASJ Inc. overvalued?

According to Wall Street analysts ASJ Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does ASJ Inc. pay dividends?

ASJ Inc. pays a Annually dividend of ¥2 which represents an annual dividend yield of 1.05%. See more information on ASJ Inc. dividends here

What is ASJ Inc.’s EPS estimate?

ASJ Inc.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does ASJ Inc. have?

ASJ Inc. has 7,951,100 shares outstanding.

What happened to ASJ Inc.’s price movement after its last earnings report?

ASJ Inc. reported an EPS of ¥5.7 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 8.833%.

Which hedge fund is a major shareholder of ASJ Inc.?

Currently, no hedge funds are holding shares in JP:2351

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

ASJ Inc.

ASJ Inc. (2351) is a multifaceted company specializing in technology solutions and services across various sectors, including information technology, telecommunications, and software development. With a strong emphasis on innovation, ASJ Inc. develops cutting-edge products that enhance operational efficiency for businesses, ranging from small startups to large enterprises. The company also offers consulting services, technical support, and tailored software solutions to meet the unique needs of its diverse clientele.