ASAHI Net, Inc. (JP:3834)
:3834
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ASAHI Net, Inc.
(3834)
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Rating:73Outperform
Price Target:
¥677.00
▼(-4.24% Downside)
Action:Reiterated
Date:05/15/26
The score is primarily supported by strong financial quality—especially the debt-free balance sheet—and solid revenue growth, alongside supportive valuation with a high dividend yield. These positives are tempered by weak technicals (price below key moving averages with negative momentum), plus recent margin and free-cash-flow softness.
Positive Factors
Debt-free Balance Sheet
Zero reported debt materially reduces financial risk and interest-rate sensitivity, giving the company durable flexibility to fund operations, invest in network or customer growth, and sustain dividends without refinancing pressure. This supports resilience across economic cycles.
Negative Factors
Margin Pressure
Profitability compression despite rising revenue suggests rising operating costs, investment spending, or pricing pressure. If structural (higher telecom fees, customer-acquisition costs, or service investments), margin recovery may be slow, reducing sustainable earnings power.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free Balance Sheet
Zero reported debt materially reduces financial risk and interest-rate sensitivity, giving the company durable flexibility to fund operations, invest in network or customer growth, and sustain dividends without refinancing pressure. This supports resilience across economic cycles.
Read all positive factors
ASAHI Net, Inc. (3834) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥16.89B
Dividend Yield3.53%
Average Volume (3M)31.41K
Price to Earnings (P/E)13.0
Beta (1Y)0.43
Revenue Growth3.36%
EPS Growth-23.56%
CountryJP
Employees128
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)42.61
Shares Outstanding32,000,000
10 Day Avg. Volume27,720
30 Day Avg. Volume31,413
Financial Highlights & Ratios
PEG Ratio-0.55
Price to Book (P/B)1.29
Price to Sales (P/S)1.25
P/FCF Ratio16.42
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)59.1
Revenue Forecast (FY)¥13.86B
ASAHI Net, Inc. Business Overview & Revenue Model
Company Description
Asahi Net, Inc. operates as an Internet service provider in Japan. The company offers Internet connection services using fiber-optic technology, SIM cards, and portable Wi-Fi routers; and designs, develops, and sells educational support solutions....
How the Company Makes Money
ASAHI Net primarily makes money by charging recurring service fees for internet access. The company’s key revenue stream is monthly subscription revenue from retail customers who sign up for broadband connectivity plans (e.g., fiber internet servi...
ASAHI Net, Inc. Financial Statement Overview
Summary
Income Statement
76
Positive
Balance Sheet
90
Very Positive
Cash Flow
68
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.27B | 13.52B | 13.08B | 12.22B | 12.17B | 11.58B |
| Gross Profit | 3.01B | 4.11B | 4.42B | 3.78B | 3.53B | 3.57B |
| EBITDA | 2.25B | 3.06B | 3.32B | 2.85B | 2.74B | 2.65B |
| Net Income | 1.17B | 1.29B | 1.75B | 1.29B | 1.28B | 1.25B |
Balance Sheet | ||||||
| Total Assets | 14.12B | 14.52B | 14.88B | 14.36B | 13.72B | 12.96B |
| Cash, Cash Equivalents and Short-Term Investments | 5.09B | 2.97B | 5.16B | 5.51B | 5.65B | 5.99B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.95B | 1.41B | 1.79B | 1.85B | 1.76B | 1.68B |
| Stockholders Equity | 12.17B | 13.11B | 13.09B | 12.51B | 11.96B | 11.28B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 1.03B | 2.21B | 1.72B | 702.00M | 281.00M |
| Operating Cash Flow | 0.00 | 1.91B | 2.46B | 2.47B | 1.36B | 1.43B |
| Investing Cash Flow | 0.00 | -2.24B | -563.00M | -1.77B | -1.09B | -1.12B |
| Financing Cash Flow | 0.00 | -1.36B | -1.25B | -836.00M | -615.00M | -558.00M |
ASAHI Net, Inc. Technical Analysis
Negative
707.00
Price Trends
640.73
Negative
662.62
Negative
671.10
Negative
Market Momentum
-11.27
Positive
29.48
Positive
18.66
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3834, the sentiment is Negative. The current price of 707 is above the 20-day moving average (MA) of 622.45, above the 50-day MA of 640.73, and above the 200-day MA of 671.10, indicating a bearish trend. The MACD of -11.27 indicates Positive momentum. The RSI at 29.48 is Positive, neither overbought nor oversold. The STOCH value of 18.66 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3834.
ASAHI Net, Inc. Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥549.22B | 17.93 | 15.67% | 1.31% | 9.02% | 21.15% | |
73 Outperform | ¥16.89B | 13.03 | ― | 3.53% | 3.36% | -23.56% | |
73 Outperform | ¥50.07B | 13.96 | ― | 2.63% | 8.01% | 29.66% | |
73 Outperform | ¥10.79T | 18.28 | ― | 3.99% | 7.55% | 3.27% | |
63 Neutral | ¥20.35B | 27.91 | ― | ― | 25.92% | -10.55% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
56 Neutral | ¥10.52T | 14.83 | 13.75% | 2.85% | 4.05% | 13.53% |
* Communication Services Sector Average
JP:3834
ASAHI Net, Inc.
599.00
-35.48
-5.59%
JP:3774
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3,080.00
511.24
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JP:9434
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224.50
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8.50%
ASAHI Net, Inc. Corporate Events
Asahi Net Posts Lower Profits but Lifts Dividend and Projects Stable FY2027
May 13, 2026
Asahi Net reported non-consolidated net sales of ¥13.52 billion for the fiscal year ended March 31, 2026, a 3.4% increase year on year, while operating profit fell 23.6% to ¥1.79 billion and profit declined 26.2% to ¥1.29 billion, r...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.