1. Japan Stocks

  2. •

    Consumer Cyclical

  3. •

    Specialty Retail
Aucnet Inc.

Aucnet Inc.

3964.T
Aucnet Inc.JP flagTokyo Stock Exchange
1,432.00
JPY
-11.00
- -
129.91BMarket Cap
Aucnet Inc.
3964.T
(Tokyo Stock Exchange)

Recent

price

1,432.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
174.49
233.85
207.68
183.86
177.44
178.44
217.57
330.5
371.14
435.59
587.21
703.23
506.59
Revenue per Share
12.82
22.64
22.69
16.74
15.55
12.74
17.14
32.64
39.87
43.95
47.11
64.93
45.44
Basic EPS, GAAP
-5.08
92.38
53.36
12.98
16.99
6.88
31.92
32.71
34.8
43.56
36.74
121.11
- -
Free Cash Flow per Basic Share
- -
- -
- -
3.32
6.51
6.53
5.78
7.52
11.24
12.32
14.41
23.85
- -
Dividend per Share
25.91
52.78
66.49
89.87
95.83
101.72
113.02
138.08
169.07
192.61
234.49
285.85
222.63
Book Value per Share
30.76
83.83
102.12
143.05
145.83
152.58
159.01
189.83
197.29
210.76
241.4
261.58
232.64
Tangible Book Value per Share
96
83
96
106
110
110
111
111
109
99
95
91
95
Basic Weighted Avg Shares
16,790
19,299
19,984
19,409
19,493
19,672
24,078
36,710
40,456
43,304
55,910
64,140
47,943
Sales/Revenue/Turnover
18.51
21.77
20.22
16.72
16.51
12.84
15.39
15.93
16.32
15.39
12.53
14.84
13.58
Operating Margin (%)
1,431
1,350
1,400
1,457
1,091
661
809
899
879
786
875
908
- -
Depreciation Expense
1,233
1,869
2,183
1,768
1,708
1,404
1,897
3,626
4,346
4,369
4,485
5,922
4,301
Net Income, GAAP
58.27
51.48
46.3
45.9
44.37
43.07
43.76
38.47
32.48
35.29
34.02
32.5
35.31
Effective Tax Rate (%)
7.34
9.68
10.93
9.11
8.76
7.14
7.88
9.88
10.74
10.09
8.02
9.23
8.97
Profit Margin (%)
5,007
5,143
8,116
13,068
14,003
13,995
15,132
18,979
19,058
18,834
19,026
18,845
18,170
Working Capital
3,359
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
6,744
9,944
12,140
16,759
17,414
18,334
19,638
22,702
22,911
22,311
26,166
26,623
24,728
Total Equity
- -
15.14
15.25
10.99
10.08
7.79
10.55
16
18.54
18.09
17.97
22.74
17.18
Return on Invested Capital (%)
- -
25.16
28.46
19.68
16.42
12.32
15.29
24.97
24.77
22.43
20.86
23.63
19.97
Return on Capital (%)
- -
54.57
40.61
22.25
17.07
12.92
15.99
26.04
25.74
23.25
21.63
24.47
20.75
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
95
95
95
Market Capitalization
47,686
57,777
65,112

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
30,953
35,582
34,794
Cash, Cash Equivalents & STI
19,573
20,920
17,590
Accounts Receivable, Net
1,165
1,360
1,597
Inventories
3,024
2,854
4,751
Total Current Liabilities
12,119
15,895
16,624
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.93%
6.58%
1.74%
Free Cash Flow
45.45%
43.6%
215.8%
Net Income, GAAP
15.79%
29.24%
32.02%
Sales/Revenue/Turnover
13.8%
22.71%
14.72%
Total Cash Common Dividend
- -
29.58%
58.61%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,989
15,582
- -
- -
55,910
2025
- -
- -
- -
- -
64,140
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14.71
- -
- -
- -
47.11
2025
- -
- -
- -
- -
64.93
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
14.41
2025
- -
- -
- -
- -
23.85
2026
- -
- -
- -
- -
- -
Similar Companies
Kurashicom Inc. (7110.T)
Alimentation Couche-Tard Inc. (ANCTF)
Steinhoff International Holdings N.V. (STHHF)
JD Sports Fashion plc (JDDSF)
Toshin Holdings Co.,Ltd (9444.T)
TheWorks.co.uk plc (WRKS.L)
Business
Aucnet Inc. is a Japan-based circular market design company established in 1984 and headquartered in Tokyo that operates online auctions and distribution businesses primarily for used automobiles, motorcycles, digital products, pre-owned luxury brand items, cut and potted flowers, and medical equipment. The company’s core businesses include the Automobile segment offering used car TV auctions, shared inventory markets, live relay auctions, bid agency services, and vehicle inspection services; the Motorcycle segment supporting wholesale and retail transactions, leasing, and industry solutions; the Digital Products segment providing auctions and distribution of used smartphones, tablets, PCs, and other digital devices to both domestic and international markets; and the Circular Commerce segment focusing on used medical equipment, flowers, branded products, and other sustainable goods. Aucnet also offers system development, communication, operation maintenance services, and overseas business activities. Recent major changes include organizational restructuring aimed at synergy creation from integrating retail operations, a strategic focus shift towards B2B transactions, and consolidations such as the warehouse unification for its B2B business. Additionally, Aucnet increased its dividend payout ratio, introduced stock-based compensation plans, executed share repurchases, and executed a share split to enhance shareholder value. The company also completed a merger in the fashion resale sector, renaming the combined unit CircLuxe Inc., reflecting a sharpened focus on luxury resale. These initiatives align with Aucnet’s emphasis on sustainable growth, operational efficiency, and expanding its market reach across Japan and global markets through an extensive network of over 1600 companies. Aucnet remains listed on the Tokyo Stock Exchange Prime Market under ticker 3964.T with consolidated employees numbering approximately 1,060 as of 2024.