AS ONE (7476) AI Stock Analysis

• Market Cap: $176.91B
• Dividend Yield: 2.73%
• Average Volume (3M): 207.34K
• Price to Earnings (P/E): 21.6
• Beta (1Y): 0.60
• Revenue Growth: 8.60%
• EPS Growth: 10.82%
• Country: JP
• Employees: 711
• Sector: Healthcare
• Sector Strength: 47
• Industry: Medical - Distribution
• EPS (TTM): 112.14
• Shares Outstanding: 75,352,540
• 10 Day Avg. Volume: 219,160
• 30 Day Avg. Volume: 207,343
• PEG Ratio: 1.88
• Price to Book (P/B): 3.25
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 35.75
• 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: $3,697.06
• Price Target Upside: 47.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: ¥2,717.00 ▲(8.48%Upside)

AS ONE exhibits strong financial performance with solid revenue growth and profitability. Technical indicators point to a stable to positive outlook without signs of being overbought. Valuation metrics indicate the stock is reasonably priced, supported by a decent dividend yield. The absence of new corporate events or earnings call data does not affect the overall score.

AS ONE Business Overview & Revenue Model

Company Description

AS ONE Corporation, headquartered in Japan, is a leading supplier of scientific instruments and laboratory equipment. The company operates primarily in the healthcare, research, and industrial sectors, providing a comprehensive range of products including laboratory supplies, medical instruments, and industrial tools. AS ONE is committed to supporting the scientific community and industries with high-quality, reliable products.

How the Company Makes Money

AS ONE Corporation generates revenue primarily through the sale of its extensive catalog of scientific and laboratory equipment. The company's key revenue streams include direct sales to laboratories, hospitals, and industrial clients, as well as distribution partnerships with other suppliers. By maintaining a diverse product lineup and leveraging its reputation for quality, AS ONE is able to sustain its earnings. The company also benefits from repeat business and long-term relationships with its clients, ensuring a steady flow of income. Additionally, any strategic partnerships with global distributors or manufacturers can enhance its market reach and contribute to its financial performance.

AS ONE Financial Statement Overview

Summary

AS ONE shows strong financial performance with robust revenue growth, healthy profitability margins, stable balance sheet, and strong free cash flow generation. The company’s low leverage and strong equity position provide a solid foundation for future growth.

Income Statement

AS ONE has demonstrated strong revenue growth with a 8.61% increase from the previous year and consistent profitability. The gross profit margin is healthy at approximately 30.2%, and the net profit margin is robust at 7.93%. This indicates effective cost management and strong market position. EBIT and EBITDA margins are also solid, reflecting efficient operations and a strong ability to generate operating profits.

Balance Sheet

The balance sheet of AS ONE is stable with a low debt-to-equity ratio of 0.11, indicating low financial leverage and prudent financial management. The return on equity is strong at 12.34%, showing effective utilization of shareholder equity to generate profits. The equity ratio of 66.6% reflects a solid financial base, although the decrease in cash reserves could pose a future liquidity concern.

Cash Flow

AS ONE has shown a significant improvement in free cash flow, with a 64.68% growth rate, highlighting strong cash generation capabilities. The operating cash flow to net income ratio of 1.13 indicates efficient conversion of income to cash, and the free cash flow to net income ratio of 0.99 demonstrates the ability to maintain healthy cash flow after capital expenditures.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	102.26B	103.75B	95.54B	91.42B	86.95B	81.61B
Gross Profit	30.85B	31.32B	29.25B	28.45B	25.54B	25.93B
EBITDA	10.36B	13.64B	12.26B	13.32B	12.18B	10.65B
Net Income	8.05B	8.23B	7.50B	8.11B	7.20B	5.99B
Balance Sheet
Total Assets	91.52B	100.14B	95.83B	97.48B	96.11B	94.23B
Cash, Cash Equivalents and Short-Term Investments	13.31B	22.57B	13.89B	18.61B	19.22B	17.85B
Total Debt	2.57B	7.19B	3.60B	6.19B	3.10B	4.70B
Total Liabilities	26.89B	33.43B	31.17B	33.51B	29.95B	31.46B
Stockholders Equity	64.62B	66.71B	64.66B	63.97B	66.15B	62.76B
Cash Flow
Free Cash Flow	0.00	8.11B	4.92B	5.82B	7.69B	3.19B
Operating Cash Flow	0.00	9.31B	6.50B	6.97B	8.84B	5.38B
Investing Cash Flow	0.00	850.00M	-1.93B	-367.98M	591.15M	-2.12B
Financing Cash Flow	0.00	-659.00M	-9.04B	-7.28B	-5.16B	11.31M

AS ONE Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2504.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7476, the sentiment is Positive. The current price of 2504.5 is above the 20-day moving average (MA) of 2433.73, above the 50-day MA of 2336.77, and below the 200-day MA of 2531.91, indicating a neutral trend. The MACD of 41.89 indicates Negative momentum. The RSI at 65.03 is Neutral, neither overbought nor oversold. The STOCH value of 87.80 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7476.

AS ONE Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9265	76 Outperform	¥6.82B	11.06		332.56%	3.06%	-6.60%
7476	75 Outperform	$176.91B	21.58	12.36%	2.73%	8.60%	10.82%
2689	74 Outperform	¥12.23B	9.03		3.98%	3.95%	-11.14%
3183	70 Outperform	¥39.67B	19.62		3.76%	11.04%	20.33%
8129	69 Neutral	¥302.58B	14.80		1.72%	2.83%	-2.76%
3151	68 Neutral	¥53.99B	8.05		3.96%	2.19%	30.09%
Sector *	46 Neutral	C$192.85M	-4.28	-8.56%	2.83%	13.52%	-1.74%

AS ONE Corporate Events

AS ONE CORPORATION Completes Treasury Share Retirement

AS ONE CORPORATION has completed the retirement of 4,400,000 treasury shares, which constituted 5.52% of the total shares issued prior to the retirement. This move, resolved by the Board of Directors, reduces the total number of shares issued to 75,352,540, potentially impacting shareholder value and market perception.

AS ONE CORPORATION Revises Director Compensation Plan

AS ONE CORPORATION has announced a partial revision to its performance-linked and share-based compensation plan for its directors and entrusted executive officers. This revision aims to enhance motivation and align compensation with the company’s medium-term management plan starting in FY2025, reflecting a strategic move to improve corporate performance and value over the long term.

AS ONE CORPORATION to Cancel 4.4 Million Treasury Shares

AS ONE CORPORATION, a company listed on the Tokyo Stock Exchange, has announced the cancellation of 4,400,000 treasury shares, which constitutes 5.52% of its total issued shares. This strategic move, set to take effect on May 30, 2025, will reduce the company’s treasury shares to 4.91% of the total issued shares, potentially enhancing shareholder value and optimizing capital structure.

AS ONE CORPORATION Announces Share Repurchase Program

AS ONE CORPORATION, a company listed on the Tokyo Stock Exchange, has announced a share repurchase program as part of its financial strategy to enhance shareholder returns and improve capital efficiency. The company plans to buy back up to 500,000 shares, representing 0.70% of its outstanding shares, with a maximum expenditure of 1 billion yen, through market trades on the Tokyo Stock Exchange between May 15, 2025, and March 31, 2026. This move is expected to positively impact the company’s stock value and demonstrate its commitment to shareholder value.

AS ONE CORPORATION Unveils Long-Term Vision and Medium-Term Management Plan

AS ONE CORPORATION has unveiled its long-term vision for the fiscal year ending March 2035, alongside a medium-term management plan for the fiscal years ending March 2026 to March 2028. The company aims to achieve sustainable and disruptive growth with high-efficiency management, targeting consolidated revenue of ¥200 billion to ¥300 billion and a return on equity (ROE) of 17% or higher by 2035. The medium-term plan sets specific financial targets, including a revenue increase to ¥130 billion and an operating profit of ¥14.8 billion by 2027. Key initiatives include enhancing e-commerce platforms, expanding business domains, and maximizing supply chain value. Financial policies focus on shareholder returns with a dividend payout ratio of 50% or more and a total shareholder return ratio of 60–75% over three years.

AS ONE CORPORATION Reports Strong Financial Growth for Fiscal Year 2025

AS ONE CORPORATION reported its consolidated financial results for the fiscal year ended March 31, 2025, showing a significant improvement in performance compared to the previous year. The company achieved an 8.6% increase in net sales and an 11.1% rise in operating profit, indicating a strong recovery and growth trajectory. The positive financial results reflect the company’s strategic initiatives and operational efficiency, positioning it well in the market and benefiting its stakeholders.