AJIS Co (4659) AI Stock Analysis

• Market Cap: ¥24.81B
• Dividend Yield: 3.21%
• Average Volume (3M): 960.00
• Price to Earnings (P/E): 11.5
• Beta (1Y): 0.21
• Revenue Growth: 6.55%
• EPS Growth: 5.32%
• Country: JP
• Employees: 875
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): 69.13
• Shares Outstanding: 10,771,200
• 10 Day Avg. Volume: 990
• 30 Day Avg. Volume: 960
• PEG Ratio: 0.97
• Price to Book (P/B): 0.82
• Price to Sales (P/S): 0.61
• P/FCF Ratio: 7.03
• 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: 73 Outperform
• Price Target: ¥3,251.00 ▲(11.37% Upside)

AJIS Co's strong financial performance is the primary driver of its overall score, supported by a solid balance sheet and profitability metrics. The technical analysis suggests a neutral to slightly bearish outlook, while the valuation indicates potential undervaluation with an attractive dividend yield. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and stability.

Balance Sheet Health

A strong balance sheet with low leverage enhances financial flexibility and reduces risk, supporting sustainable growth and resilience.

Profitability

High profitability margins reflect efficient cost management and competitive pricing power, contributing to long-term financial health.

Negative Factors

Cash Generation Efficiency

Limited growth in free cash flow could constrain investment opportunities and operational flexibility, impacting future expansion.

Cash Flow Management

While cash flow management is effective, the modest growth in free cash flow suggests potential challenges in scaling operations efficiently.

Earnings Call Data Absence

The lack of earnings call data limits transparency and investor insights into management's strategic outlook and operational performance.

AJIS Co Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

AJIS Co generates revenue through multiple streams, including the sale of IT services and solutions such as software development, system integration, and IT consulting. The company's revenue model is primarily project-based, where it charges clients for specific projects and services rendered. Additionally, AJIS Co benefits from long-term contracts with key clients, which provide a stable income base. Significant partnerships with technology providers and enterprises enhance its service offerings and expand its market reach, contributing further to its earnings. The company also explores recurring revenue through maintenance and support services, ensuring ongoing revenue from existing clients.

AJIS Co Financial Statement Overview

Summary

AJIS Co exhibits strong financial health with consistent revenue growth, high profitability, and a conservative capital structure. The income statement, balance sheet, and cash flow metrics are robust, although there is room for improvement in cash generation efficiency.

Income Statement

AJIS Co has demonstrated strong revenue growth, with a year-over-year increase of 13.20% in 2025. The company maintains a healthy gross profit margin of 25.66% and a net profit margin of 6.20%, indicative of efficient cost management. The EBIT margin of 8.93% and EBITDA margin of 10.92% further highlight operational efficiency. Consistent growth and robust profitability metrics contribute to a high score.

Balance Sheet

The balance sheet of AJIS Co reflects financial stability, with a low debt-to-equity ratio of 0.01 and a strong equity ratio of 81.46%. The return on equity is a solid 8.41%, demonstrating effective utilization of shareholder investments. The company's high equity levels relative to total assets suggest a conservative financing approach, enhancing the stability score.

Cash Flow

AJIS Co shows a robust operating cash flow to net income ratio of 1.49, indicating strong cash generation relative to net income. The free cash flow to net income ratio of 1.39 highlights effective capital expenditure management. However, free cash flow growth is modest at 75.83%, suggesting room for improvement in cash generation efficiency.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	34.55B	33.96B	30.00B	26.06B	26.18B	27.97B
Gross Profit	8.86B	8.71B	7.67B	7.38B	8.52B	9.20B
EBITDA	3.78B	3.71B	2.92B	3.12B	3.85B	5.20B
Net Income	2.14B	2.10B	1.91B	1.87B	2.25B	3.19B
Balance Sheet
Total Assets	29.43B	30.73B	28.59B	26.45B	24.44B	24.54B
Cash, Cash Equivalents and Short-Term Investments	15.68B	16.27B	14.51B	16.47B	15.02B	13.60B
Total Debt	166.00M	170.30M	158.29M	171.04M	112.66M	84.86M
Total Liabilities	4.93B	5.65B	5.03B	4.07B	3.34B	4.91B
Stockholders Equity	24.44B	25.03B	23.51B	22.16B	20.89B	19.27B
Cash Flow
Free Cash Flow	0.00	2.93B	1.67B	2.70B	1.39B	3.70B
Operating Cash Flow	0.00	3.13B	1.98B	2.92B	1.53B	4.05B
Investing Cash Flow	0.00	-325.35M	-3.28B	-556.74M	427.91M	-309.19M
Financing Cash Flow	0.00	-716.32M	-997.98M	-652.12M	-899.02M	-594.66M

AJIS Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2919.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4659, the sentiment is Positive. The current price of 2919 is below the 20-day moving average (MA) of 2949.05, below the 50-day MA of 2937.02, and above the 200-day MA of 2848.85, indicating a neutral trend. The MACD of -2.70 indicates Positive momentum. The RSI at 51.59 is Neutral, neither overbought nor oversold. The STOCH value of 41.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4659.

AJIS Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4658	79 Outperform	¥46.14B	13.10	―	3.33%	9.63%	11.40%
4659	73 Outperform	¥24.81B	11.51	8.56%	3.21%	6.55%	5.32%
4809	72 Outperform	¥20.85B	10.17	―	3.27%	7.63%	11.84%
7377	72 Outperform	¥17.28B	9.12	―	3.90%	4.47%	0.42%
9216	64 Neutral	¥23.03B	166.95	―	4.78%	-3.81%	-82.38%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
7320	44 Neutral	¥17.57B	-17.28	―	0.98%	18.21%	-179.11%