Want to see JP:8929 full AI Analyst Report?
Top Page
Aoyama Zaisan Networks Co., Ltd.
(8929)
Select Model
Select Model
Rating:67Neutral
Price Target:
¥1,358.00
▼(-14.10% Downside)
Action:Reiterated
Date:08/06/26
The score is driven primarily by solid underlying profitability/returns and improving leverage, offset by meaningful revenue volatility and a sharp drop in operating cash flow. Technical indicators are currently soft, while valuation is a clear positive due to the low P/E and high dividend yield.
Positive Factors
Improving profitability & ROE
Gross and net margins improved in 2025 (gross ~20%, net ~6.6%) and ROE sits near ~23–25%. Durable margin expansion and high ROE support sustained internal funding, dividend capacity and reinvestment ability, strengthening long‑term earnings resilience.
Negative Factors
Revenue decline & volatility
Top-line volatility and a notable 2025 revenue drop undermine predictability of margins and returns. As a real-estate services firm, revenue depends on transaction timing and demand cycles; sustained volatility can erode the durability of current profitability and planning visibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving profitability & ROE
Gross and net margins improved in 2025 (gross ~20%, net ~6.6%) and ROE sits near ~23–25%. Durable margin expansion and high ROE support sustained internal funding, dividend capacity and reinvestment ability, strengthening long‑term earnings resilience.
Read all positive factors
Aoyama Zaisan Networks Co., Ltd. (8929) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥31.54B
Dividend Yield4.38%
Average Volume (3M)24.14K
Price to Earnings (P/E)11.6
Beta (1Y)0.38
Revenue Growth-30.85%
EPS Growth7.21%
CountryJP
Employees398
SectorGeneral
Sector StrengthN/A
IndustryConsulting Services
Share Statistics
EPS (TTM)122.41
Shares Outstanding25,132,260
10 Day Avg. Volume23,750
30 Day Avg. Volume24,143
Financial Highlights & Ratios
PEG Ratio0.93
Price to Book (P/B)3.24
Price to Sales (P/S)0.91
P/FCF Ratio44.36
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)111.69
Revenue Forecast (FY)¥37.52B
Aoyama Zaisan Networks Co., Ltd. Business Overview & Revenue Model
Company Description
Operating predominantly in Japan, Aoyama Zaisan Networks Company, Limited delivers specialized real estate consulting services. Additionally, it provides expert advice in corporate finance and individual wealth management, and the firm also manage...
How the Company Makes Money
null...
Aoyama Zaisan Networks Co., Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
74
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 37.85B | 41.78B | 45.62B | 36.10B | 35.95B | 24.21B |
| Gross Profit | 7.99B | 7.88B | 6.74B | 6.05B | 5.39B | 4.01B |
| EBITDA | 4.58B | 4.39B | 3.70B | 3.50B | 2.86B | 2.40B |
| Net Income | 2.93B | 2.75B | 2.43B | 2.06B | 1.69B | 1.48B |
Balance Sheet | ||||||
| Total Assets | 30.05B | 26.28B | 22.39B | 23.64B | 21.76B | 17.51B |
| Cash, Cash Equivalents and Short-Term Investments | 14.35B | 14.10B | 13.08B | 14.70B | 12.80B | 10.87B |
| Total Debt | 10.49B | 6.21B | 5.97B | 8.17B | 8.13B | 6.59B |
| Total Liabilities | 18.47B | 14.56B | 12.57B | 14.05B | 13.55B | 10.38B |
| Stockholders Equity | 11.55B | 11.68B | 9.80B | 9.55B | 8.30B | 7.12B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 854.00M | 6.61B | 2.46B | 2.10B | 2.23B |
| Operating Cash Flow | 0.00 | 903.00M | 6.66B | 2.49B | 2.22B | 2.39B |
| Investing Cash Flow | 0.00 | 901.00M | -2.66B | 212.00M | -1.24B | -621.04M |
| Financing Cash Flow | 0.00 | -888.00M | -5.77B | -858.00M | 862.00M | -384.74M |
Aoyama Zaisan Networks Co., Ltd. Technical Analysis
Positive
1581.00
Price Trends
1270.28
Positive
1295.85
Negative
1445.66
Negative
Market Momentum
-4.77
Negative
52.41
Neutral
80.21
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8929, the sentiment is Positive. The current price of 1581 is above the 20-day moving average (MA) of 1270.25, above the 50-day MA of 1270.28, and above the 200-day MA of 1445.66, indicating a neutral trend. The MACD of -4.77 indicates Negative momentum. The RSI at 52.41 is Neutral, neither overbought nor oversold. The STOCH value of 80.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8929.
Aoyama Zaisan Networks Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ¥1.14T | 29.47 | ― | 1.30% | 28.87% | 20.88% | |
77 Outperform | ¥24.45B | 13.18 | ― | 2.18% | ― | ― | |
77 Outperform | ¥25.85B | 22.10 | ― | 3.50% | 13.97% | 21.04% | |
68 Neutral | ¥32.08B | 11.67 | ― | 4.39% | 20.39% | 40.37% | |
67 Neutral | ¥31.54B | 11.63 | ― | 3.16% | -30.85% | 7.21% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
45 Neutral | ¥1.86B | 37.56 | ― | ― | 20.72% | ― |
* General Sector Average
JP:8929
Aoyama Zaisan Networks Co., Ltd.
1,279.00
-645.10
-33.53%
JP:4792
YAMADA Consulting Group Co., Ltd.
1,707.00
-46.58
-2.66%
JP:6532
BayCurrent Consulting, Inc.
7,687.00
-679.62
-8.12%
JP:7033
Management Solutions Co., Ltd.
1,520.00
109.48
7.76%
JP:9236
Japan M&A Solution Incorporated
1,304.00
104.00
8.67%
JP:9644
TANABE CONSULTING GROUP CO. LTD
774.00
81.29
11.74%
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.