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Asahi Concrete Works Co., Ltd. (JP:5268)
:5268
Japanese Market
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Asahi Concrete Works Co., Ltd. (5268) AI Stock Analysis

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JP:5268

Asahi Concrete Works Co., Ltd.

(5268)

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Neutral 68 (OpenAI - 5.2)
Rating:68Neutral
Price Target:
¥872.00
▼(-19.41% Downside)
Action:Reiterated
Date:05/15/26
The score is driven primarily by solid financial performance (steady growth, improving profitability, and very low leverage), partially offset by cash-flow volatility in 2026. Technical signals are mixed with near-term weakness versus key moving averages, and valuation is average with only a modest dividend yield.
Positive Factors
Balance sheet strength
Very low leverage and rising equity reduce refinancing and solvency risk, allowing the company to bid on public works and invest selectively. This financial flexibility supports durable operations, preserves liquidity through cycles, and enables strategic capital allocation over months.
Negative Factors
Cash-flow volatility
The swing to slightly negative free cash flow and a material OCF drop in 2026 suggests working-capital or timing issues. This reduces the firm's ability to self-fund capex, smooth dividends, or absorb shocks, raising refinancing or funding needs in tighter quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Very low leverage and rising equity reduce refinancing and solvency risk, allowing the company to bid on public works and invest selectively. This financial flexibility supports durable operations, preserves liquidity through cycles, and enables strategic capital allocation over months.
Read all positive factors

Asahi Concrete Works Co., Ltd. (5268) vs. iShares MSCI Japan ETF (EWJ)

Asahi Concrete Works Co., Ltd. Business Overview & Revenue Model

Company Description
Asahi Concrete Works Co., Ltd. is a Japanese firm specializing in the production and distribution of diverse concrete products. Its comprehensive portfolio includes items such as box culverts, rainwater storage tanks, manholes, common ditches, eme...
How the Company Makes Money
Asahi Concrete Works Co., Ltd. generates revenue primarily by manufacturing and selling concrete-related products (e.g., precast/secondary concrete products) to customers involved in public works and private-sector construction projects (such as g...

Asahi Concrete Works Co., Ltd. Financial Statement Overview

Summary
Solid overall fundamentals: steady revenue growth into 2026 and improving profit dollars, supported by a conservative, low-leverage balance sheet. The main drag is cash-flow quality/consistency, with free cash flow turning slightly negative in 2026 and operating cash flow dropping versus 2025.
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
60
Neutral
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue7.64B7.22B7.07B6.58B6.47B
Gross Profit1.63B1.52B1.36B1.30B1.30B
EBITDA857.77M779.71M647.40M580.36M574.76M
Net Income455.22M411.75M337.61M311.58M309.87M
Balance Sheet
Total Assets16.77B16.02B14.52B13.58B13.72B
Cash, Cash Equivalents and Short-Term Investments4.64B5.28B5.07B4.89B4.69B
Total Debt629.18M678.06M704.41M721.00M743.13M
Total Liabilities4.05B3.90B3.66B3.21B3.55B
Stockholders Equity12.71B12.13B10.85B10.37B10.18B
Cash Flow
Free Cash Flow-44.58M579.54M211.62M491.02M195.19M
Operating Cash Flow388.23M883.43M414.79M740.08M388.02M
Investing Cash Flow-348.83M-406.37M-42.31M-352.05M-322.10M
Financing Cash Flow-274.63M-270.69M-186.57M-191.82M-499.94M

Asahi Concrete Works Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1082.00
Price Trends
50DMA
881.68
Negative
100DMA
907.65
Negative
200DMA
939.39
Negative
Market Momentum
MACD
-20.73
Positive
RSI
29.54
Positive
STOCH
14.76
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5268, the sentiment is Negative. The current price of 1082 is above the 20-day moving average (MA) of 829.05, above the 50-day MA of 881.68, and above the 200-day MA of 939.39, indicating a bearish trend. The MACD of -20.73 indicates Positive momentum. The RSI at 29.54 is Positive, neither overbought nor oversold. The STOCH value of 14.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:5268.

Asahi Concrete Works Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
¥13.55B7.073.21%1.16%123.63%
76
Outperform
¥58.50B7.543.25%15.03%223.61%
68
Neutral
¥10.52B22.881.24%5.74%10.42%
66
Neutral
¥180.88B15.386.98%3.13%1.92%28.39%
65
Neutral
¥446.81B17.217.93%2.32%0.24%-54.29%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
¥19.19B26.673.24%-6.49%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:5268
Asahi Concrete Works Co., Ltd.
791.00
172.64
27.92%
JP:5232
Sumitomo Osaka Cement Co
5,363.00
1,647.44
44.34%
JP:5233
Taiheiyo Cement
3,921.00
410.54
11.69%
JP:5269
Nippon Concrete Industries Co., Ltd.
336.00
55.69
19.87%
JP:5282
Geostr Corporation
420.00
132.86
46.27%
JP:5288
ASIA PILE HOLDINGS Corporation
1,502.00
575.47
62.11%
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.Date of analysis: May 15, 2026