AZ Planning Co., Ltd. (3490) AI Stock Analysis

• Market Cap: ¥4.52B
• Dividend Yield: 1.03%
• Average Volume (3M): 5.84K
• Price to Earnings (P/E): 13.4
• Beta (1Y): 0.31
• Revenue Growth: 5.69%
• EPS Growth: 15.12%
• Country: JP
• Employees: 63
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 90.38
• Shares Outstanding: 1,508,000
• 10 Day Avg. Volume: 9,160
• 30 Day Avg. Volume: 5,840
• PEG Ratio: -0.31
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 0.29
• P/FCF Ratio: -15.68
• 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: 56 Neutral
• Price Target: ¥3,090.00 ▲(4.39% Upside)
• Action: Reiterated Date: 04/11/26
• Date: Action: Reiterated 04/11/26

The score is held back primarily by weak financial quality—especially multi-year negative operating/free cash flow and high leverage. Technicals are supportive with strong price trend and positive momentum, and valuation appears reasonable with a moderate P/E and high indicated yield, but these are secondary to the cash-flow and balance-sheet risks.

Positive Factors

Diversified Revenue Streams

AZ Planning's mix of brokerage, property sales, leasing and consulting provides multiple structural revenue channels, including recurring leasing and management fees. This diversification reduces reliance on single transactions, supports steadier cash inflows, and enables cross‑selling over the medium term.

Negative Factors

Negative Operating & Free Cash Flow

Operating and free cash flow have been negative for multiple consecutive years through 2026, meaning reported earnings are not translating into cash. Persistent cash deficits raise refinancing and liquidity risk, constrain reinvestment, and limit the company's ability to reduce leverage over the medium term.

AZ Planning Co., Ltd. Business Overview & Revenue Model

Company Description

Azplanning Co.,Ltd. develops, leases, manages, and sells real estate properties in Japan. It leases commercial buildings such as stores, offices, and warehouses; and provides residential lodging and business hotel services. The company also offers...

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Azplanning Co.,Ltd. develops, leases, manages, and sells real estate properties in Japan. It leases commercial buildings such as stores, offices, and warehouses; and provides residential lodging and business hotel services. The company also offers...

How the Company Makes Money

AZ Planning Co., Ltd. generates revenue through a combination of real estate brokerage fees, property sales, leasing income, and consulting fees. The company earns commissions from facilitating property transactions and collects rental income from...

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AZ Planning Co., Ltd. generates revenue through a combination of real estate brokerage fees, property sales, leasing income, and consulting fees. The company earns commissions from facilitating property transactions and collects rental income from...

AZ Planning Co., Ltd. Financial Statement Overview

Breakdown	TTM	Feb 2026	Feb 2025	Feb 2024	Feb 2023	Feb 2022
Income Statement
Total Revenue	13.73B	13.54B	12.43B	11.51B	9.37B	9.59B
Gross Profit	2.29B	1.97B	1.94B	1.62B	1.34B	1.11B
EBITDA	1.23B	738.71M	1.02B	727.07M	535.48M	486.75M
Net Income	548.28M	294.73M	461.96M	620.06M	493.41M	-526.67M
Balance Sheet
Total Assets	18.36B	14.51B	13.24B	9.93B	9.07B	3.99B
Cash, Cash Equivalents and Short-Term Investments	4.46B	5.12B	4.37B	3.91B	3.56B	2.61B
Total Debt	14.05B	9.61B	9.26B	6.71B	6.36B	2.29B
Total Liabilities	14.96B	10.53B	10.28B	7.44B	7.60B	3.01B
Stockholders Equity	3.40B	3.99B	2.96B	2.50B	1.47B	982.02M
Cash Flow
Free Cash Flow	0.00	-251.15M	-2.02B	-256.08M	-3.64B	1.27B
Operating Cash Flow	0.00	-250.39M	-2.01B	-214.51M	-3.44B	1.28B
Investing Cash Flow	0.00	-284.35M	-68.81M	-564.59M	286.58M	-177.26M
Financing Cash Flow	0.00	1.01B	2.49B	713.35M	4.05B	-1.04B

AZ Planning Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2960.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3490, the sentiment is Positive. The current price of 2960 is above the 20-day moving average (MA) of 2840.80, above the 50-day MA of 2891.17, and above the 200-day MA of 2824.80, indicating a bullish trend. The MACD of 18.89 indicates Negative momentum. The RSI at 69.96 is Neutral, neither overbought nor oversold. The STOCH value of 96.30 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3490.

AZ Planning Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8996	67 Neutral	¥4.27B	1.69	―	0.50%	12.29%	139.06%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
4445	62 Neutral	¥4.49B	20.83	―	―	0.63%	178.02%
8944	60 Neutral	¥4.76B	-4.30	―	2.51%	86.49%	83.40%
3490	56 Neutral	¥4.52B	13.36	―	1.03%	5.69%	15.12%
2978	45 Neutral	¥4.80B	-27.51	―	―	57.41%	-9.29%
3238	43 Neutral	¥3.51B	-4.07	―	3.41%	31.33%	174.39%