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Asahipen 4623.T · JPY

Materials · Tokyo Stock Exchange · 🇯🇵 Japan

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1,835

-0.22%

Close of 9 Nov 2026, in JPY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥16.82bn

FY2017FY2026

Net income

¥727.7m

FY2017FY2026

Free cash flow

¥403.3m

FY2017FY2026

Shareholders' equity

¥14.99bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥16.82bn¥17.15bn¥17.11bn¥17.13bn¥14.22bn¥15.85bn¥13.76bn¥13.44bn¥13.29bn¥13.54bn
Gross profit¥5.39bn¥5.07bn¥5.08bn¥5.11bn¥4.89bn¥5.42bn¥4.59bn¥4.47bn¥4.49bn¥4.74bn
Research and development—¥152.9m¥153.3m¥182.6m¥205.0m¥197.8m¥215.1m¥214.0m¥244.3m¥218.8m
Operating income¥628.4m¥866.4m¥844.5m¥791.6m¥904.9m¥1.01bn¥644.2m¥587.8m¥584.6m¥731.2m
Net income¥727.7m¥701.6m¥380.5m¥653.7m¥1.00bn¥633.3m¥525.2m¥516.3m¥507.2m¥582.6m
Diluted earnings per share196.28179.5296.82182.85269.30163.31130.19123.05118.84134.61

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥25.96bn¥21.53bn¥21.57bn¥21.93bn¥20.11bn¥19.82bn¥18.71bn¥18.90bn¥19.15bn¥19.10bn
Cash and short-term investments¥4.28bn¥3.33bn¥3.91bn¥4.11bn¥4.59bn¥3.65bn¥4.09bn¥4.46bn¥4.98bn¥5.49bn
Total liabilities¥10.97bn¥7.38bn¥7.87bn¥8.40bn¥6.86bn¥6.88bn¥6.43bn¥6.39bn¥6.73bn¥7.12bn
Debt¥6.26bn¥3.99bn¥3.96bn¥4.15bn¥2.84bn¥2.89bn¥2.85bn¥2.87bn¥2.86bn¥3.53bn
Shareholders' equity¥14.99bn¥14.15bn¥13.70bn¥13.53bn¥13.25bn¥12.94bn¥12.28bn¥12.51bn¥12.42bn¥11.98bn
Shares outstanding4m4m4m4m4m4m4m4m4m4m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥1.24bn¥966.6m¥841.3m¥350.7m¥1.26bn¥1.42bn¥992.7m¥396.4m¥530.2m¥664.0m
Capital spending−¥839.4m−¥1.41bn−¥304.5m−¥335.5m−¥185.5m−¥1.13bn−¥930.0m−¥244.3m−¥232.6m−¥233.7m
Free cash flow¥403.3m−¥440.8m¥536.8m¥15.2m¥1.08bn¥293.1m¥62.7m¥152.2m¥297.6m¥430.2m
Dividends paid−¥233.5m−¥208.9m−¥216.5m−¥208.0m−¥251.9m−¥224.5m−¥335.0m−¥237.5m−¥240.3m−¥243.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥6.38bn¥4.64bn¥4.16bn¥3.76bn¥4.26bn¥3.50bn¥4.54bn¥4.28bn
Gross profit¥2.05bn¥1.48bn¥1.35bn¥1.15bn¥1.41bn¥1.08bn¥1.41bn¥1.27bn
Operating income¥439.4m¥27.4m¥281.6m¥84.8m¥234.7m¥59.0m¥306.7m¥161.2m
Net income¥313.2m¥131.5m¥212.6m¥155.9m¥227.8m¥36.7m¥223.0m¥219.3m
Diluted earnings per share84.4935.4654.3839.8958.289.3956.7555.81
Total assets¥26.25bn¥25.96bn¥23.01bn¥22.66bn¥22.47bn¥21.53bn¥22.41bn¥21.84bn
Cash and short-term investments¥3.87bn¥4.28bn¥3.53bn¥3.73bn¥3.39bn¥3.33bn¥3.25bn¥4.24bn
Debt¥4.15bn¥6.25bn¥1.74bn¥4.18bn¥1.84bn¥3.97bn¥1.55bn¥3.87bn
Shareholders' equity¥15.09bn¥14.99bn¥15.17bn¥14.87bn¥14.57bn¥14.15bn¥14.21bn¥14.11bn

Financial ratios

Data as of 11 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin32.0%29.6%29.7%29.8%34.4%34.2%—
Operating margin3.7%5.1%4.9%4.6%6.4%6.4%—
Net margin4.3%4.1%2.2%3.8%7.1%4.0%—
Return on equity4.9%5.0%2.8%4.8%7.6%4.9%—
Return on assets2.8%3.3%1.8%3.0%5.0%3.2%—
Free cash flow yield30.5%33.0%15.9%10.4%21.1%35.7%—
Revenue growth-1.9%0.3%-0.1%20.5%-10.2%15.1%—
Earnings growth3.7%84.4%-41.8%-34.9%58.5%20.6%—
Current ratio1.78x2.65x2.35x2.25x2.87x2.70x—
Debt to equity0.42x0.28x0.29x0.30x0.21x0.22x—
Equity ratio57.7%65.7%63.5%61.7%65.9%65.3%—
Interest coverage15.38x31.47x27.34x38.65x110.96x122.99x—
R&D as a share of sales—0.9%0.9%1.1%1.4%1.2%1.6%
Buybacks as a share of market value5.1%0.5%-9.9%4.1%3.9%3.9%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-0.6%1.2%1.8%
Operating income-7.4%-9.0%0.1%
Net income3.6%2.8%5.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin30.8%30.3%31.5%32.4%
Operating margin4.4%4.6%5.1%4.9%
Net margin4.2%3.6%4.2%4.0%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings9.59.617.99.77.212.014.813.914.814.3
Price to sales0.40.40.40.40.50.50.60.50.60.6

Dividends and splits

Per share, in the currency the company pays

Paid for 36 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year90.0060.0060.0055.0055.0055.0080.0055.00
  • 10-to-1 reverse split · 26 Sept 2018
  • 1.05-for-1 split · 28 Mar 1995

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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