1. Japan Stocks

  2. •

    Financial Services

  3. •

    Financial - Mortgages
Asax Co., Ltd.

Asax Co., Ltd.

8772.T
Asax Co., Ltd.JP flagTokyo Stock Exchange
824.00
JPY
+18.00
- -
27.17BMarket Cap
Asax Co., Ltd.
8772.T
(Tokyo Stock Exchange)

Recent

price

824.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
187.97
166.5
163.2
167.53
168.28
185.61
189.88
183.98
182.02
176.56
177.06
171.39
187.43
204.84
228.04
- -
105.61
Revenue per Share
56.55
52.23
54.57
61.72
64.11
77.79
83.11
83.39
83.81
79.51
81.32
77
84.9
99.74
102.69
- -
50.15
Basic EPS, GAAP
-25.77
51.54
-103.74
25.35
-187.68
-24.34
88.86
21.82
102.78
-57.36
90.61
-113.43
-346.97
-111.68
-118.49
- -
- -
Free Cash Flow per Basic Share
10
9.95
4.98
9.96
13.2
13.25
14.92
14.93
14.95
14.94
14.95
17.95
17.95
17.94
19.95
- -
- -
Dividend per Share
602.37
644.61
694.18
745.9
796.68
861.13
101.13
178.86
171.85
169.64
172.28
170.63
176.88
191.91
192.72
- -
1,425.55
Book Value per Share
601.47
643.73
693.33
744.95
795.8
860.37
927.13
995.87
1,065.1
1,130
1,196.68
1,255.49
1,322.3
1,403.73
1,483.53
- -
1,423.69
Tangible Book Value per Share
33
33
33
33
33
33
33
33
33
33
33
33
33
33
33
- -
33
Basic Weighted Avg Shares
6,198
5,491
5,382
5,524
5,549
6,121
6,261
6,067
6,002
5,822
5,839
5,652
6,181
6,755
7,520
8,779
3,483
Sales/Revenue/Turnover
52.97
57.22
56.98
62.48
65.37
66.96
67.65
70.31
71.09
69.54
70.47
68.4
69.62
70.27
69.35
66.29
71.6
Operating Margin (%)
21
26
20
23
26
24
35
35
33
32
34
24
35
80
90
144
- -
Depreciation Expense
1,865
1,722
1,800
2,035
2,114
2,565
2,741
2,750
2,764
2,622
2,682
2,539
2,800
3,289
3,386
3,949
1,654
Net Income, GAAP
44.14
44.8
41.62
41.12
40.76
37.45
35.25
35.38
35.28
35.25
34.82
34.35
34.91
35.11
34.78
35.09
35.24
Effective Tax Rate (%)
30.09
31.37
33.44
36.84
38.1
41.91
43.77
45.33
46.04
45.03
45.93
44.92
45.3
48.69
45.03
44.99
47.49
Profit Margin (%)
35,640
36,026
40,210
42,448
48,643
52,940
55,148
58,319
57,450
60,314
64,369
69,405
80,963
83,129
86,816
96,336
84,769
Working Capital
15,671
14,461
17,516
18,060
22,502
24,209
24,168
25,071
21,928
22,603
24,399
27,530
40,664
43,384
46,027
50,694
43,869
LT Debt
19,863
21,255
22,890
24,596
26,270
28,396
30,641
32,897
35,166
37,293
39,480
41,425
43,632
46,327
49,054
52,789
47,017
Total Equity
3.71
3.4
3.37
3.6
3.52
3.85
4.01
3.95
3.91
3.62
3.52
3.17
3.08
2.97
3.03
3.08
1.52
Return on Invested Capital (%)
3.83
3.42
3.42
3.65
3.51
3.9
5.08
6.57
6.64
6.37
6.29
5.72
5.25
5.18
4.89
3.99
1.56
Return on Capital (%)
9.77
8.38
8.15
8.57
8.31
9.38
17.27
59.57
47.79
46.56
47.57
44.91
48.86
54.09
53.4
13.45
3.61
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
17,163
- -
18,768
LT Borrowings
43,384
- -
43,869
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
- -
33
Market Capitalization
26,018
27,640
23,978

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
101,577
- -
104,482
Cash, Cash Equivalents & STI
5,470
- -
5,767
Accounts Receivable, Net
95,379
- -
97,815
Inventories
46
- -
46
Total Current Liabilities
18,448
- -
19,713
Payables & Accruals
- -
- -
- -
ST Debt
17,163
- -
18,768
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.4%
5.99%
7.61%
Free Cash Flow
-59.51%
-2.37%
69.17%
Net Income, GAAP
4.68%
8.4%
16.63%
Sales/Revenue/Turnover
3.89%
8.71%
16.75%
Total Cash Common Dividend
4.4%
6.25%
0.04%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,632
1,640
1,722
1,761
6,755
2025
- -
- -
- -
- -
7,520
2026
- -
- -
- -
- -
8,779

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24.22
- -
- -
- -
99.74
2025
- -
- -
- -
- -
102.69
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
17.94
2025
- -
- -
- -
- -
19.95
2026
- -
- -
- -
- -
- -
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Business
Asax Co., Ltd. (8772.T) engages primarily in the provision of real estate secured loans to individuals and businesses in Japan; offers real estate bridge loans, purchase and construction loans, and loans to real estate agents; provides credit guarantee services for real estate secured loans originated by financial institutions; and conducts real estate sales and rental activities. The company operates mainly within Japan, with geographic focus on key urban areas including Tokyo, and established its first overseas subsidiary, ASAX America, Inc., in Torrance, California, in 2023 to expand real estate-related services internationally. Founded in 1969 and headquartered at ASAX Hiroo Building, 1-3-14 Hiroo, Shibuya-ku, Tokyo, Asax maintains its listing on the Tokyo Stock Exchange Standard Market, having transitioned from initial real estate sales and rentals to a specialized focus on mortgage lending while leveraging longstanding banking partnerships for over 1,500 annual financings.