AS ONE (7476) AI Stock Analysis

• Market Cap: ¥165.67B
• Dividend Yield: 2.6%
• Average Volume (3M): 216.80K
• Price to Earnings (P/E): 18.5
• Beta (1Y): 0.60
• Revenue Growth: 6.48%
• EPS Growth: 12.88%
• Country: JP
• Employees: 711
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Distribution
• EPS (TTM): 60.38
• Shares Outstanding: 75,352,540
• 10 Day Avg. Volume: 233,440
• 30 Day Avg. Volume: 216,803
• PEG Ratio: 1.86
• Price to Book (P/B): 2.49
• Price to Sales (P/S): 1.60
• P/FCF Ratio: 20.48
• 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: 76 Outperform
• Price Target: ¥2,860.00 ▲(15.79% Upside)

AS ONE's overall stock score is driven primarily by its strong financial performance, which is supported by robust revenue growth, profitability, and a stable balance sheet. The technical analysis indicates a positive trend, while the valuation is fair, reflecting the company's solid market position. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market reach and product demand, supporting long-term business sustainability.

Cash Generation

Strong cash generation enhances financial flexibility, allowing for reinvestment in growth opportunities and debt reduction.

Balance Sheet Health

A low debt-to-equity ratio reflects prudent financial management, reducing risk and enhancing long-term stability.

Negative Factors

Cash Reserves

Reduced cash reserves may limit the company's ability to manage unexpected expenses or invest in growth without external financing.

Equity Ratio Decline

A declining equity ratio, despite being strong, may indicate increasing liabilities or reduced asset growth, impacting financial stability.

Liquidity Concerns

Potential liquidity issues could affect the company's ability to meet short-term obligations, impacting operational flexibility.

AS ONE Business Overview & Revenue Model

Company Description

AS ONE Corporation engages in the sale of research instruments and equipment, nursing and care products, and other scientific instruments in Japan and internationally. It offers scientific instruments comprising temperature/humidity control and measuring/surveying instruments, as well as universal products used for cooling, heating, mixing, absorption, pressurization, and conveyance; microscopes, glass slides, and tissue culture products for biotechnology; magnifying glasses indispensable for precision work, plus filters, and dispensing devices required for analysis technology; equipment indispensable for research facilities, such as experimental platforms, fume hoods, and pharmaceutical depositories, as well as storage equipment, wagons, laboratory chairs, and conveyance equipment; containers required for storage or preservation of samples, reagents, materials, and others; glass or plastic beakers, flask indispensables, hoses, tubes, and joints; tapes and labels; and timers, packaging machines, tools, office supplies, and other equipment for laboratories. The company also provides industrial instruments, such as dehumidifying storage products; equipment for organization, conveyance, etc.; equipment for sterilization/disinfecting and cleaning, including ultrasonic cleaners for washing/drying, detergents, and drying tools; glasses, masks, and gloves; and tools and containers used in clean rooms, as well as dust-proof and anti-static products comprising clean room clothes and mats indispensable. In addition, it offers hospital/nursing instruments, such as white gowns, masks, and gloves; rack systems to be installed in nursing stations; various products, supplies, and equipment required for hospital nursing or care; and sterilizers and sterilization lockers, as well as care cars and beds, and bathing and sanitary products. The company was founded in 1933 and is headquartered in Osaka, Japan.

How the Company Makes Money

AS ONE generates revenue through a multi-faceted business model that includes direct sales of industrial products and tools through both physical stores and an online platform. The company has established key revenue streams from its diverse product offerings, including machinery, safety gear, and maintenance supplies, which are essential for various industries. Additionally, AS ONE benefits from strong partnerships with manufacturers, allowing it to offer competitive pricing and a broad selection of high-quality products. The company's focus on customer service and support, along with its efficient logistics and supply chain management, further contributes to its profitability.

AS ONE Financial Statement Overview

Summary

AS ONE has demonstrated strong financial performance with robust revenue growth, healthy profitability margins, and a stable balance sheet. The low debt-to-equity ratio and strong equity position provide a solid foundation for future growth. The significant improvement in free cash flow further strengthens the financial outlook.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	105.22B	103.75B	95.54B	91.42B	86.95B	81.61B
Gross Profit	31.93B	31.32B	29.25B	28.45B	25.54B	25.93B
EBITDA	14.11B	13.64B	12.65B	13.32B	12.18B	10.65B
Net Income	8.55B	8.23B	7.50B	8.11B	7.20B	5.99B
Balance Sheet
Total Assets	96.79B	100.14B	95.83B	97.48B	96.11B	94.23B
Cash, Cash Equivalents and Short-Term Investments	20.52B	22.57B	13.89B	18.61B	19.22B	17.85B
Total Debt	6.58B	7.19B	3.60B	6.19B	3.10B	4.70B
Total Liabilities	29.24B	33.43B	31.17B	33.51B	29.95B	31.46B
Stockholders Equity	67.55B	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: Negative
• Last Price: 2470.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7476, the sentiment is Negative. The current price of 2470 is above the 20-day moving average (MA) of 2416.32, above the 50-day MA of 2440.72, and above the 200-day MA of 2422.31, indicating a bearish trend. The MACD of -29.85 indicates Positive momentum. The RSI at 34.70 is Neutral, neither overbought nor oversold. The STOCH value of 5.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:7476.

AS ONE Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7476	76 Outperform	¥165.67B	18.53	12.55%	2.60%	6.48%	12.88%
3183	74 Outperform	¥38.01B	17.21	―	3.97%	6.63%	11.04%
2689	71 Outperform	¥12.87B	10.16	―	3.90%	3.64%	-4.70%
9265	70 Outperform	¥8.62B	20.35	―	1.87%	2.65%	8.83%
3151	67 Neutral	¥63.08B	6.87	―	4.22%	2.23%	72.07%
8129	60 Neutral	¥301.86B	14.14	―	1.81%	2.31%	19.86%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%

AS ONE Corporate Events

AS ONE CORPORATION Completes Stock Repurchase Program

AS ONE CORPORATION announced the completion of its stock repurchase program, buying back 157,500 common shares for approximately JPY 386.12 million between December 1, 2025, and December 17, 2025. This initiative, part of a broader resolution approved in May 2025, highlights the company’s strategic efforts to manage its capital structure and enhance shareholder value, demonstrating its commitment to efficient corporate governance and financial growth.

The most recent analyst rating on (JP:7476) stock is a Buy with a Yen2860.00 price target. To see the full list of analyst forecasts on AS ONE stock, see the JP:7476 Stock Forecast page.