All About, Inc. (2454) AI Stock Analysis

• Market Cap: ¥5.40B
• Dividend Yield: 0.77%
• Average Volume (3M): 17.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.37
• Revenue Growth: 4.75%
• EPS Growth: N/A
• Country: JP
• Employees: 290
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): -7.29
• Shares Outstanding: 14,223,916
• 10 Day Avg. Volume: 11,450
• 30 Day Avg. Volume: 17,010
• PEG Ratio: 1.30
• Price to Book (P/B): 1.14
• Price to Sales (P/S): 0.29
• P/FCF Ratio: 21.21
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: ¥415.00 ▲(7.24% Upside)
• Action: Reiterated Date: 12/30/25
• Date: Action: Reiterated 12/30/25

The score is driven primarily by a low-risk financial position (zero debt) and improving 2025 operating/cash flow trends, supported by a constructive technical setup with price above major moving averages. The main drag is valuation, with a very high P/E and only a modest dividend yield.

Positive Factors

Zero Debt

Having zero debt significantly reduces financial risk, providing the company with greater flexibility and stability in managing its operations and pursuing growth opportunities.

Revenue Growth

The return to revenue growth indicates a recovery in business operations and potential for future expansion, enhancing the company's competitive position in the market.

Positive Cash Flow

Positive cash flow reflects improved operational efficiency and financial health, allowing the company to reinvest in growth initiatives and maintain financial stability.

Negative Factors

Weak Profitability

Ongoing weak profitability suggests challenges in cost management or revenue generation, which could hinder long-term sustainable growth and shareholder returns.

Negative ROE

Negative ROE indicates the company is not generating sufficient profit from its equity, which could impact investor confidence and the ability to attract new capital.

Volatile Cash Flows

Volatile cash flows can complicate financial planning and limit the company's ability to invest consistently in growth opportunities, affecting long-term strategic initiatives.

All About, Inc. Business Overview & Revenue Model

Company Description

All About, Inc. engages in the internet advertising business in Japan. It is also involved in the portal site operation, sampling, and learning businesses. In addition, the company engages in the operation of Facebook navi, a social media related business; citrus, a distributed media platform; and Twin Navi, a Twitter navigation site. All About, Inc. was incorporated in 1993 and is headquartered in Tokyo, Japan.

How the Company Makes Money

All About, Inc. Financial Statement Overview

Summary

Balance sheet strength (zero debt and solid equity base) supports a higher score, and 2025 showed improving momentum with revenue returning to growth, slightly better gross margin (~60%), and positive operating/free cash flow. Offsetting this, profitability remains weak with slightly negative net income and negative ROE in recent years, and cash flows have been volatile.

Income Statement

Revenue returned to growth in 2025 (annual) after a decline in 2024, and gross margin improved to ~60% (from ~59% in 2024). However, profitability remains weak: net income stayed slightly negative in 2025 and margins are still near breakeven, following a much larger loss in 2024. Overall, the top line looks stable-to-improving, but consistent earnings power has not yet been re-established.

Balance Sheet

The balance sheet is conservatively positioned with zero debt across the periods provided, which materially reduces financial risk. Equity is solid and relatively stable (around ¥4.1B–¥4.6B recently) against assets of ~¥8.4B in 2025. The main weakness is returns: return on equity is negative in 2023–2025, indicating the company is not currently generating sufficient profit on its capital base despite low leverage.

Cash Flow

Cash generation is positive in 2025 with operating cash flow (~¥249M) and free cash flow (~¥218M) both in the black, a meaningful improvement versus 2023 when free cash flow was deeply negative. Still, cash flow has been volatile year-to-year, and operating cash flow is modest relative to the equity base and has generally been lower than earlier years (e.g., 2020–2022). The return to positive free cash flow is a strength, but durability remains a question.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	16.44B	15.95B	15.70B	16.92B	15.40B	17.28B
Gross Profit	10.04B	9.61B	9.20B	9.71B	8.73B	9.36B
EBITDA	587.16M	395.87M	-84.79M	313.80M	903.57M	1.10B
Net Income	72.24M	-39.05M	-456.01M	-82.61M	343.68M	500.25M
Balance Sheet
Total Assets	7.39B	8.41B	8.18B	8.07B	7.93B	7.48B
Cash, Cash Equivalents and Short-Term Investments	1.80B	1.63B	1.87B	1.90B	2.70B	2.71B
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	3.00B	3.96B	3.70B	3.21B	2.95B	2.80B
Stockholders Equity	4.00B	4.05B	4.09B	4.48B	4.61B	4.31B
Cash Flow
Free Cash Flow	0.00	218.48M	41.13M	-514.05M	20.43M	369.57M
Operating Cash Flow	0.00	249.04M	340.49M	143.91M	542.01M	808.30M
Investing Cash Flow	0.00	-448.82M	-384.86M	-852.43M	-468.17M	-605.23M
Financing Cash Flow	0.00	-42.17M	18.29M	-89.17M	-87.83M	98.20M

All About, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 387.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2454, the sentiment is Positive. The current price of 387 is below the 20-day moving average (MA) of 397.90, below the 50-day MA of 397.20, and above the 200-day MA of 384.34, indicating a bullish trend. The MACD of 0.66 indicates Negative momentum. The RSI at 50.81 is Neutral, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2454.

All About, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4800	78 Outperform	¥11.73B	8.25	―	4.27%	9.73%	-4.22%
3922	77 Outperform	¥30.78B	12.43	―	0.38%	18.02%	46.43%
3930	61 Neutral	¥2.79B	125.45	―	―	7.20%	47.54%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
2454	59 Neutral	¥5.40B	-13.71	―	0.77%	4.75%	―
5243	54 Neutral	¥37.02B	28.38	―	―	22.37%	655.34%
5571	46 Neutral	¥4.97B	60.99	―	2.46%	23.91%	-101.16%