Conservative Balance SheetAJIS's extremely low leverage and high equity ratio provide durable financial resilience. This conservative capital structure reduces refinancing and interest-rate risk, preserves headroom for opportunistic investments or downturns, and supports operational continuity in a labor-driven service model.

Operational ProfitabilityDouble-digit EBITDA and near-9% EBIT margins indicate efficient field operations and cost control in a labor-intensive business. Sustained operating margins reflect scale in processes, standardized counting workflows, and pricing power with repeat retail clients, supporting long-term cash generation.

Strong Cash ConversionCash conversion ratios well above 1x show AJIS reliably turns accounting profits into cash. Robust operating and free cash flow relative to net income underpin dividend capacity, fund small capex needs, and allow flexible reinvestment into training or scheduling systems that sustain the service model.

Bears Say

Labor-intensive Model ExposureAJIS's core services depend on dispatched labor and utilization. Structural exposure to staffing, scheduling efficiency, labor cost inflation, and retail seasonal cycles can compress margins and create capacity mismatches. Over time, automation trends or client insourcing pressure could erode service revenue.

Room To Improve FCF GrowthWhile current cash conversion ratios are healthy, the assessment flags free cash flow growth as modest. If FCF growth lags revenue expansion, AJIS may face limits funding organic scale-up or productivity investments, making long-term reinvestment and margin expansion more challenging.

Limited Scale / Workforce SizeA workforce under 1,000 can constrain AJIS's ability to rapidly scale for very large national rollouts or absorb simultaneous big contracts. Limited staffing breadth raises dependency on efficient scheduling and retention; any labor disruptions could disproportionately impact delivery capacity and client service continuity.

4659 FAQ

What was AJIS Co Ltd’s price range in the past 12 months?

AJIS Co Ltd lowest stock price was ¥2200.00 and its highest was ¥4445.00 in the past 12 months.

What is AJIS Co Ltd’s market cap?

AJIS Co Ltd’s market cap is ¥37.33B.

When is AJIS Co Ltd’s upcoming earnings report date?

AJIS Co Ltd’s upcoming earnings report date is May 18, 2026 which is in 70 days.

How were AJIS Co Ltd’s earnings last quarter?

AJIS Co Ltd released its earnings results on Jan 30, 2026. The company reported ¥76.73 earnings per share for the quarter, beating the consensus estimate of N/A by ¥76.73.

Is AJIS Co Ltd overvalued?

According to Wall Street analysts AJIS Co Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does AJIS Co Ltd pay dividends?

AJIS Co Ltd pays a Annually dividend of ¥95 which represents an annual dividend yield of 3.21%. See more information on AJIS Co Ltd dividends here

What is AJIS Co Ltd’s EPS estimate?

AJIS Co Ltd’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does AJIS Co Ltd have?

AJIS Co Ltd has 10,771,200 shares outstanding.

What happened to AJIS Co Ltd’s price movement after its last earnings report?

AJIS Co Ltd reported an EPS of ¥76.73 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 4.283%.

Which hedge fund is a major shareholder of AJIS Co Ltd?

Currently, no hedge funds are holding shares in JP:4659

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

AJIS Co Ltd

AJIS Co (4659) is a leading company in the information technology sector, specializing in providing advanced IT solutions and services, including systems integration, IT consulting, and software development. The company primarily focuses on serving various industries such as finance, healthcare, and manufacturing, offering tailored technology solutions to enhance operational efficiency and drive digital transformation for its clients.