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Asterisk Inc. (JP:6522)
:6522
Japanese Market
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Asterisk Inc. (6522) AI Stock Analysis

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JP:6522

Asterisk Inc.

(6522)

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Neutral 59 (OpenAI - 5.2)
Rating:59Neutral
Price Target:
¥1,912.00
▲(399.22% Upside)
Action:Reiterated
Date:08/05/26
The score is driven primarily by mixed financial performance (ongoing losses and declining revenue, partly offset by improving cash flow and reduced leverage). Technicals are a clear positive (price above key moving averages with supportive MACD and neutral RSI), while valuation is a key risk due to negative earnings (negative P/E) and no provided dividend yield.
Positive Factors
Operating cash flow turnaround
The shift to positive operating cash flow and improved free cash flow supports self-funding of operations and reduces near-term refinancing risk. Over 2-6 months this enhances liquidity, gives management flexibility to allocate cash to product development or working capital, and lowers dependence on external financing despite ongoing net losses.
Negative Factors
Declining revenue trend
A multiyear decline culminating in a marked 2025 drop signals structural demand or competitive share loss. Persistent top-line contraction reduces operating leverage, constrains gross profit scalability, and makes it harder to convert margin improvements into sustained net profitability without reversing revenue declines.
Read all positive and negative factors
Positive Factors
Negative Factors
Operating cash flow turnaround
The shift to positive operating cash flow and improved free cash flow supports self-funding of operations and reduces near-term refinancing risk. Over 2-6 months this enhances liquidity, gives management flexibility to allocate cash to product development or working capital, and lowers dependence on external financing despite ongoing net losses.
Read all positive factors

Asterisk Inc. (6522) vs. iShares MSCI Japan ETF (EWJ)

Asterisk Inc. Business Overview & Revenue Model

Company Description
Asterisk Inc. provides sensors, barcode readers, RFID reader writer, infrared communication devices, and facial recognition systems. It also provides infrared, wireless communication, and image recognition products and accessories; and mobile POS ...
How the Company Makes Money
null...

Asterisk Inc. Financial Statement Overview

Summary
Financials are mixed: revenue has been declining with a significant drop in 2025 and profitability remains negative (loss-making). Offsetting this, leverage has improved (better debt-to-equity) and cash flow momentum strengthened, with operating cash flow turning positive in 2025 and free cash flow improving.
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
60
Neutral
BreakdownTTMAug 2025Aug 2024Aug 2023Aug 2022Aug 2021
Income Statement
Total Revenue1.55B1.67B1.58B1.76B2.41B1.79B
Gross Profit631.81M621.58M533.67M566.16M1.09B837.24M
EBITDA-87.77M-103.14M-210.92M-127.65M493.30M311.69M
Net Income-129.05M-182.29M-389.74M-170.07M322.54M173.86M
Balance Sheet
Total Assets2.87B2.78B2.66B2.72B2.52B1.48B
Cash, Cash Equivalents and Short-Term Investments1.08B932.26M467.29M251.72M936.09M349.32M
Total Debt706.68M721.68M756.67M460.00M0.00498.23M
Total Liabilities968.74M1.05B1.12B789.59M451.09M1.01B
Stockholders Equity1.90B1.73B1.54B1.93B2.07B472.92M
Cash Flow
Free Cash Flow159.55M159.55M-99.58M-1.06B-94.70M76.16M
Operating Cash Flow184.35M184.35M-74.15M-687.50M300.66M379.74M
Investing Cash Flow-24.68M-24.68M-27.67M-491.04M-518.67M-303.63M
Financing Cash Flow320.65M320.65M298.93M491.05M780.59M16.72M

Asterisk Inc. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price383.00
Price Trends
50DMA
1337.10
Positive
100DMA
1190.57
Positive
200DMA
783.97
Positive
Market Momentum
MACD
68.14
Positive
RSI
56.67
Neutral
STOCH
63.70
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6522, the sentiment is Positive. The current price of 383 is below the 20-day moving average (MA) of 1643.75, below the 50-day MA of 1337.10, and below the 200-day MA of 783.97, indicating a bullish trend. The MACD of 68.14 indicates Positive momentum. The RSI at 56.67 is Neutral, neither overbought nor oversold. The STOCH value of 63.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6522.

Asterisk Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
¥24.44B7.2416.88%3.23%1.57%-2.93%
68
Neutral
¥44.41B18.704.63%-0.53%-31.86%
67
Neutral
¥47.15B17.692.93%-1.36%-9.69%
65
Neutral
¥5.57B24.103.54%-11.02%8.86%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
59
Neutral
¥12.80B-96.13-12.93%-41.92%
59
Neutral
¥238.15B9.3213.90%2.18%-3.84%183.41%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:6522
Asterisk Inc.
1,830.00
1,404.00
329.58%
JP:6835
Allied Telesis Holdings KK
256.00
83.65
48.53%
JP:6703
OKI Electric Industry Company
2,757.00
1,165.57
73.24%
JP:6718
Aiphone Co., Ltd.
2,829.00
60.56
2.19%
JP:6778
Artiza Networks, Inc.
603.00
10.40
1.76%
JP:6820
Icom Incorporated
3,340.00
439.42
15.15%

Asterisk Inc. Corporate Events

Asterisk Inc. Narrows Losses and Projects Profit Recovery Despite Zero-Dividend Policy
Jul 15, 2026
Asterisk Inc. reported nine-month net sales to May 31, 2026 of ¥1,184 million, down 9.2% year on year, with a small loss attributable to owners of the parent and negative earnings per share, though losses narrowed compared with the prior peri...
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: Aug 05, 2026