AUN Consulting, Inc. (2459) AI Stock Analysis

• Market Cap: ¥1.62B
• Dividend Yield: N/A
• Average Volume (3M): 1.14M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.61
• Revenue Growth: -34.99%
• EPS Growth: 19.36%
• Country: JP
• Employees: 49
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): N/A
• Shares Outstanding: 7,502,800
• 10 Day Avg. Volume: 167,990
• 30 Day Avg. Volume: 1,140,196
• PEG Ratio: 0.94
• Price to Book (P/B): 5.43
• Price to Sales (P/S): 6.70
• P/FCF Ratio: -38.27
• 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: 44 Neutral
• Price Target: ¥215.00 ▼(-5.70% Downside)
• Action: Upgraded Date: 12/11/25
• Date: Action: Upgraded 12/11/25

AUN Consulting, Inc.'s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues and negative profitability. Technical analysis shows some positive short-term trends, but bearish momentum indicators suggest caution. The valuation metrics further highlight the company's financial struggles, with a negative P/E ratio and no dividend yield.

Positive Factors

Diversified service mix and retainer revenue

A mix of project-based engagements and retainer agreements provides a structural revenue base that smooths cash flows and preserves client relationships. Over 2–6 months this supports predictability, enables cross-selling of services, and reduces reliance on one-off contracts.

Partnerships with technology providers

Technology partnerships expand the firm's service scope and competitiveness by enabling integrated offerings. Structurally, such alliances can increase win rates on larger projects, create referral pipelines, and allow higher-margin implementation work versus pure advisory alone.

Relatively stable equity ratio

A stable equity ratio provides a capital buffer that supports creditor confidence and access to financing. This implicit stability gives management more time to execute a turnaround and pursue client retention initiatives without immediate solvency pressure.

Negative Factors

Persistent negative operating and free cash flows

Sustained negative operating and free cash flows erode liquidity and force reliance on external financing or asset actions. Over the medium term this constrains investment in business development, hiring, and technology, and raises the risk of funding-driven restructuring.

Declining revenue and negative profitability

Ongoing revenue declines with shrinking gross and net margins indicate weakening client demand or pricing power. This structural deterioration undermines the economics of engagements and makes restoring sustainable profitability harder without strategy or client-mix changes.

Rising leverage and negative return on equity

Higher leverage combined with negative ROE increases financial risk and interest burden while returns to shareholders remain poor. Over months this limits strategic flexibility, raises refinancing risk, and can amplify downside if operational trends do not reverse.

AUN Consulting, Inc. Business Overview & Revenue Model

Company Description

AUN CONSULTING, Inc. provides marketing support services in Japan and internationally. The company offers search engine optimization consulting and paid search advertising services. It also provides various services that support corporate marketing activities, such as search engine marketing, Internet advertisement, advertisement production, website development, and social media services. The company was incorporated in 1998 and is headquartered in Tokyo, Japan.

How the Company Makes Money

AUN Consulting generates revenue primarily through consulting fees charged to clients for its advisory services. This includes project-based fees for specific engagements, as well as retainer agreements for ongoing support. Key revenue streams include management consulting projects, technology implementation services, and operational efficiency assessments. The company may also benefit from partnerships with technology providers, enabling it to offer integrated solutions that enhance its service offerings and create additional revenue opportunities through joint projects or referrals.

AUN Consulting, Inc. Financial Statement Overview

Summary

AUN Consulting, Inc. is facing significant financial challenges, with declining revenues, negative profitability, and increasing leverage. The company's cash flow position is weak, raising concerns about its ability to sustain operations without external financing. While the equity ratio suggests some level of stability, the overall financial health of the company is concerning.

Income Statement

AUN Consulting, Inc. has experienced a significant decline in revenue over the past few years, with a negative revenue growth rate of -13.91% in the most recent year. The company has consistently reported negative net income, leading to a negative net profit margin. Additionally, both EBIT and EBITDA margins are negative, indicating operational challenges. The gross profit margin has decreased over time, reflecting declining efficiency in managing production costs.

Balance Sheet

The company's debt-to-equity ratio has increased, indicating rising leverage, which could pose financial risks. The return on equity is negative, reflecting the company's inability to generate profits from shareholders' equity. However, the equity ratio remains relatively stable, suggesting a moderate level of financial stability despite the challenges.

Cash Flow

AUN Consulting, Inc. has consistently reported negative operating and free cash flows, indicating liquidity issues. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is unfavorable, highlighting the company's struggles to generate cash from operations. These factors suggest significant cash flow management challenges.

Breakdown	TTM	May 2024	May 2023	May 2022	May 2021	May 2020
Income Statement
Total Revenue	257.62M	270.83M	441.50M	454.51M	500.26M	1.03B
Gross Profit	161.22M	164.21M	286.28M	317.45M	352.63M	279.69M
EBITDA	-108.50M	-109.47M	-138.76M	-83.59M	23.35M	-101.28M
Net Income	-114.33M	-115.14M	-138.51M	-89.04M	4.01M	-110.96M
Balance Sheet
Total Assets	703.00M	760.11M	953.17M	993.96M	1.03B	916.94M
Cash, Cash Equivalents and Short-Term Investments	388.00M	442.95M	506.33M	545.52M	566.93M	459.55M
Total Debt	223.00M	228.69M	245.66M	218.44M	192.52M	131.80M
Total Liabilities	394.00M	425.48M	499.29M	422.03M	392.39M	301.38M
Stockholders Equity	309.00M	334.63M	453.88M	571.92M	642.09M	615.56M
Cash Flow
Free Cash Flow	0.00	-47.44M	-125.89M	-93.59M	-21.28M	-190.54M
Operating Cash Flow	0.00	-47.44M	-121.94M	-91.68M	-21.03M	-188.08M
Investing Cash Flow	0.00	1.85M	28.24M	28.16M	40.82M	101.47M
Financing Cash Flow	0.00	-16.98M	27.23M	25.92M	60.09M	9.23M

AUN Consulting, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 228.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2459, the sentiment is Negative. The current price of 228 is below the 20-day moving average (MA) of 231.60, below the 50-day MA of 234.44, and below the 200-day MA of 253.52, indicating a bearish trend. The MACD of -4.36 indicates Positive momentum. The RSI at 31.21 is Neutral, neither overbought nor oversold. The STOCH value of 9.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2459.

AUN Consulting, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6180	75 Outperform	¥7.04B	15.62	―	3.29%	7.47%	55.61%
6185	64 Neutral	¥5.95B	24.73	―	―	8.77%	―
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
6562	60 Neutral	¥11.62B	10.90	―	―	33.34%	-25.08%
2459	44 Neutral	¥1.62B	-54.49	―	―	-34.99%	19.36%
3691	44 Neutral	¥7.11B	141.08	―	―	11.29%	-358.08%