Ahresty Corporation (5852) AI Stock Analysis

• Market Cap: ¥23.85B
• Dividend Yield: 4.33%
• Average Volume (3M): 134.07K
• Price to Earnings (P/E): 10.2
• Beta (1Y): 1.09
• Revenue Growth: 5.12%
• EPS Growth: N/A
• Country: JP
• Employees: 5,590
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 56.75
• Shares Outstanding: 25,546,717
• 10 Day Avg. Volume: 80,460
• 30 Day Avg. Volume: 134,073
• PEG Ratio: 0.09
• Price to Book (P/B): 0.31
• Price to Sales (P/S): 0.10
• P/FCF Ratio: 31.12
• 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): 141.2
• Revenue Forecast (FY): ¥163.00B

• Rating: 54 Neutral
• Price Target: ¥962.00 ▲(20.10% Upside)
• Action: Reiterated Date: 10/30/25
• Date: Action: Reiterated 10/30/25

Ahresty Corporation's stock score is primarily influenced by its financial performance, which shows strong revenue growth but is hampered by consistent net losses. Technical analysis indicates a bearish trend, and valuation is negatively impacted by a negative P/E ratio, though the dividend yield offers some investor appeal. The lack of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Consistent revenue growth trend

Ahresty’s steady revenue growth indicates expanding program adoption and stable order flow from automakers. Over a 2–6 month horizon this trend supports scale benefits, funds incremental operational improvements and provides a platform to convert margin gains into sustained profitability if maintained.

Improved cash generation; FCF turned positive

The conversion to positive free cash flow and consistently positive operating cash flow materially improves financial resilience. Durable FCF empowers capex funding, reduces refinancing reliance and gives management flexibility to invest in efficiency or withstand cyclicality without immediate external capital.

Controlled leverage and stable equity base

A reasonably controlled debt-to-equity ratio and stable equity ratio indicate prudent capital structure. This structural balance provides capacity to finance investments, absorb temporary downturns in automotive demand and preserve strategic optionality over the medium term.

Negative Factors

Persistent net losses despite revenue gains

Despite revenue growth and improving gross and operating margins, persistent net losses erode retained earnings and weaken long-term profitability prospects. Continued losses limit reinvestment, threaten dividend sustainability and require clear margin conversion to restore durable shareholder returns.

Negative impact on return on equity

Negative net income depressing ROE signals the business is not generating adequate returns on invested capital. Over months this constrains the company’s ability to attract equity funding and reduces internal capital available for strategic initiatives, hindering long-term value creation.

High exposure to auto OEM cycle and customer concentration

Revenue and volumes are structurally linked to automotive production schedules and OEM program wins. This customer/industry concentration increases susceptibility to demand swings, model changes and EV-related supply shifts, amplifying medium-term volume and margin volatility absent diversification.

Ahresty Corporation Business Overview & Revenue Model

Company Description

Ahresty Corporation engages in the aluminum die casting, aluminum, and proprietary products businesses in Japan, North America, and Asia. The company engages in manufacturing and sale of auto parts, general engine parts, industrial machinery parts, and dies. It is also involved in the smelting, production, and sale of aluminum alloy ingots. In addition, the company manufactures and sells MOVAFLOR, a proprietary raised floor system used in clean rooms, data centers, factories, offices, etc.; and peripheral equipment for die cast production. The company was formerly known as Fuso Light Alloys Co., Ltd. and changed its name to Ahresty Corporation in 1988. Ahresty Corporation was founded in 1938 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Ahresty Corporation generates revenue primarily through the production and sale of die-cast aluminum components, which are widely used in automotive manufacturing. The company's revenue model is centered around contracts with automotive manufacturers and suppliers, which provide a stable and recurring income stream. Key revenue streams include the sale of automotive parts, such as engine blocks, transmission cases, and various structural components. Additionally, Ahresty benefits from partnerships with major automotive companies, enhancing its market presence and ensuring a steady demand for its products. The company also invests in research and development to improve its manufacturing processes and expand its product offerings, further contributing to its revenue growth.

Ahresty Corporation Financial Statement Overview

Summary

Ahresty Corporation exhibits strong revenue growth and improving operational efficiency, though profitability remains a challenge due to consistent net losses. The balance sheet is stable with controlled leverage, and cash flow management has improved, reflected in better free cash flow figures. Continued focus on profitability will be crucial moving forward.

Income Statement

Ahresty Corporation has shown a steady revenue growth over the years, with a notable increase in gross profit margins. However, the company has been consistently reporting net losses, which negatively impacts the net profit margin. Despite improvements in EBIT and EBITDA margins, the persistent net losses are concerning.

Balance Sheet

The company's debt-to-equity ratio is reasonably controlled, indicating a balanced leverage. However, the negative net income affects the return on equity negatively. The equity ratio shows a stable financial position, suggesting a healthy asset base relative to equity.

Cash Flow

Ahresty Corporation has shown positive operating cash flow, with a significant improvement in free cash flow from negative to positive in the latest year, indicating better cash management. The operating cash flow to net income ratio suggests good cash flow relative to reported losses.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	167.44B	162.93B	158.25B	140.94B	116.31B	92.97B
Gross Profit	17.05B	14.97B	13.90B	10.48B	7.62B	6.57B
EBITDA	13.69B	11.73B	5.10B	13.69B	8.45B	10.54B
Net Income	-2.40B	-2.89B	-7.70B	-84.00M	-5.19B	-2.84B
Balance Sheet
Total Assets	130.46B	134.09B	131.76B	137.07B	131.30B	132.22B
Cash, Cash Equivalents and Short-Term Investments	12.76B	13.55B	12.32B	12.99B	9.36B	12.25B
Total Debt	36.84B	40.14B	40.52B	43.52B	42.92B	45.92B
Total Liabilities	80.11B	82.10B	80.15B	80.42B	77.74B	76.59B
Stockholders Equity	50.34B	51.99B	51.62B	56.65B	53.57B	55.63B
Cash Flow
Free Cash Flow	0.00	518.00M	5.20B	839.00M	-989.00M	-3.89B
Operating Cash Flow	0.00	15.31B	18.32B	10.73B	8.26B	7.94B
Investing Cash Flow	0.00	-12.89B	-13.94B	-6.33B	-6.08B	-11.57B
Financing Cash Flow	0.00	-1.04B	-5.95B	-1.53B	-5.10B	11.94B

Ahresty Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 801.00
• 50DMA: Positive
• 100DMA: Positive
• 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:5852, the sentiment is Positive. The current price of 801 is below the 20-day moving average (MA) of 900.40, below the 50-day MA of 856.16, and below the 200-day MA of 805.86, indicating a bullish trend. The MACD of 24.86 indicates Positive momentum. The RSI at 63.97 is Neutral, neither overbought nor oversold. The STOCH value of 31.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5852.

Ahresty Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1787	80 Outperform	¥15.72B	17.10	―	4.93%	3.19%	1.83%
5644	72 Outperform	¥16.90B	7.44	―	2.87%	2.38%	-5.80%
6998	71 Outperform	¥10.90B	15.68	―	3.48%	0.24%	20.23%
5994	69 Neutral	¥7.74B	4.62	―	1.06%	6.41%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
5852	54 Neutral	¥23.85B	10.25	―	4.33%	5.12%	―
2962	53 Neutral	¥11.37B	-4.24	―	―	-19.32%	-171.53%

Ahresty Corporation Corporate Events

Ahresty Revamps Board and Executive Lineup to Bolster Governance and Operations

Ahresty Corporation has announced a slate of director appointments to take effect following its 105th General Meeting of Shareholders scheduled for late June 2026, confirming Arata Takahashi as chairman and director and Shinichi Takahashi as representative director and president. The renewed board structure, which also includes several outside and audit and supervisory committee members, is designed to reinforce governance and oversight as the company navigates its next strategic phase.

In tandem, the company detailed changes to its executive officer lineup effective April 1, 2026, with Shinichi Takahashi serving as chief executive officer and Arata Takahashi as chairman and executive officer. By clarifying command responsibilities for quality assurance, general administration, manufacturing, and sales across key executives and group company leadership, Ahresty is seeking to strengthen operational control, accountability, and cross-group coordination for stakeholders.

The most recent analyst rating on (JP:5852) stock is a Hold with a Yen777.00 price target. To see the full list of analyst forecasts on Ahresty Corporation stock, see the JP:5852 Stock Forecast page.

Ahresty swings back to profit, lifts dividend as earnings recover

Ahresty Corporation reported consolidated net sales of ¥123.4 billion for the nine months ended December 31, 2025, up 3.2% year on year, with operating profit surging 245% to ¥3.2 billion and profit attributable to owners of parent reaching ¥3.5 billion, a sharp turnaround from a loss a year earlier. The company’s improved profitability, reflected in higher EBITDA and a stronger equity ratio of 39.4%, supports a higher interim dividend of ¥16 per share and a full-year forecast that, while projecting flat sales and modest operating profit growth, signals continued earnings recovery despite a planned reduction in ordinary profit and the removal of a Guangzhou subsidiary from the scope of consolidation.

Management forecasts full-year net sales of ¥162.2 billion, roughly flat from the prior year, with operating profit expected to rise 6.8% to ¥3.6 billion, but ordinary profit to decline 27.7% to ¥2.2 billion, implying pressure from non-operating factors. For shareholders, the company is maintaining a planned annual dividend of ¥32 per share and has reduced treasury shares, indicating an emphasis on capital efficiency even as it navigates a mixed outlook for profitability and adjusts its overseas footprint.

The most recent analyst rating on (JP:5852) stock is a Hold with a Yen777.00 price target. To see the full list of analyst forecasts on Ahresty Corporation stock, see the JP:5852 Stock Forecast page.

Ahresty Completes Treasury Share Disposal for Employee Incentive Plan

Ahresty Corporation announced the completion of payment procedures for the disposal of treasury shares as part of a restricted stock incentive for its Employee Stock Ownership Association. The number of shares and total disposal amount were adjusted due to changes in participant numbers, reflecting a strategic move to align employee incentives with company performance.

The most recent analyst rating on (JP:5852) stock is a Hold with a Yen805.00 price target. To see the full list of analyst forecasts on Ahresty Corporation stock, see the JP:5852 Stock Forecast page.