1. Japan Stocks

  2. •

    Commercial services

  3. •

    Advertising/Marketing services
Adways, Inc.

Adways, Inc.

401.00
JPY
-8.00
(-1.96%)
10.53BMarket Cap
Nov 02Next Earn
Adways, Inc.
TSE:2489
(Tokyo Stock Exchange)

Recent

price

401.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
JPY
329.91
400.53
468.19
596.76
825.51
878.77
954.99
1,043.41
1,071.1
1,080.17
941.21
1,187.76
335.72
350.96
324.44
312.61
- -
Revenue per Share
10.22
11.82
20.45
8.01
14.45
16.81
3.51
-11.11
0.26
19.06
4.16
34.46
63.49
25.07
-12.11
6.47
- -
Basic EPS, GAAP
16.25
20.67
20.65
16.73
17.97
19.46
8.43
-2.66
20.5
20.08
-31.19
78.71
-1.12
-1.73
-9.48
-14.19
- -
Free Cash Flow per Basic Share
- -
- -
- -
2.25
0.01
- -
3.33
2.33
2.33
2.37
3.36
2.53
5.42
14.45
5.79
3.02
- -
Dividend per Share
86.45
93.82
123.14
134.12
288.85
311.94
303.68
282.06
281.18
293.76
295.89
287.8
404.62
367.31
348.34
349.39
396.1
Book Value per Share
78.82
84.7
118.92
130.63
284.65
308.49
301.26
273.83
272.46
286.22
288.75
278.52
398.14
363.93
346.64
343.72
388.27
Tangible Book Value per Share
40
40
38
38
38
41
41
41
39
39
40
41
40
39
39
39
39
Basic Weighted Avg Shares
13,120
15,907
17,972
22,640
31,522
35,891
39,614
42,329
41,501
41,857
37,305
49,021
13,416
13,524
12,685
12,219
- -
Sales/Revenue/Turnover
5.25
5.41
7.35
1.83
2.69
2.95
1.74
0.75
0.72
1.73
0.53
3.32
12.46
6.81
1.31
2.43
- -
Operating Margin (%)
137
129
162
109
125
198
158
206
181
168
160
159
246
229
236
153
- -
Depreciation Expense
407
469
785
304
552
687
146
-451
10
739
165
1,422
2,537
966
-473
253
- -
Net Income, GAAP
17.55
42.63
35.07
47.77
47.07
35.22
70.8
- -
92.2
32.73
59.79
25.23
37.88
41.86
427.36
53.75
- -
Effective Tax Rate (%)
3.1
2.95
4.37
1.34
1.75
1.91
0.37
-1.07
0.02
1.76
0.44
2.9
18.91
7.14
-3.73
2.07
- -
Profit Margin (%)
2,759
2,603
3,972
3,672
10,249
11,061
10,233
8,305
8,464
8,946
9,957
8,000
11,741
9,598
9,746
10,040
10,063
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
3,452
3,526
4,924
4,844
11,808
13,091
12,490
11,052
11,023
11,523
12,448
11,223
16,322
14,601
13,885
13,958
14,650
Total Equity
17.18
13.46
19.3
4.27
5.2
5.36
1.54
- -
0.21
4.22
0.65
10.01
7.07
3.27
-3.71
0.97
- -
Return on Invested Capital (%)
12.56
13.46
18.58
6.15
6.53
4.88
0.72
- -
0.04
6.46
1.27
11.61
18
6.53
-3.57
1.55
- -
Return on Capital (%)
12.55
13.45
18.58
6.24
6.65
5.55
1.15
-3.87
0.09
6.63
1.39
12.19
18.75
6.36
-3.39
1.85
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
39
39
36
Market Capitalization
16,024
10,474
10,535

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
18,204
- -
17,578
Cash, Cash Equivalents & STI
9,980
- -
9,981
Accounts Receivable, Net
7,498
- -
7,032
Inventories
52
- -
3
Total Current Liabilities
8,511
- -
7,515
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.69%
4.13%
0.52%
Free Cash Flow
-119.23%
18.09%
49.53%
Net Income, GAAP
711.38%
95.49%
-153.42%
Sales/Revenue/Turnover
-4.5%
-10.06%
-3.67%
Total Cash Common Dividend
15,354.99%
27.18%
-47.79%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,299
3,095
- -
- -
12,685
2025
- -
- -
- -
- -
12,219
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.95
-3.39
- -
- -
-12.11
2025
- -
- -
- -
- -
6.47
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.79
2025
- -
- -
- -
- -
3.02
2026
- -
- -
- -
- -
- -
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Business
Adways Inc. delivers comprehensive digital marketing solutions and ad technology services across diverse global markets, encompassing Japan, China, Taiwan, the Philippines, South Korea, and the United States. The company’s operations are segmented into its core advertising business, sophisticated ad platform development, international expansion initiatives, lifestyle ventures, and digital transformation support. In its advertising agency segment, Adways offers extensive marketing assistance for both web and mobile applications, integrating powerful operational capabilities, creative strategies, and advanced AI-driven marketing technologies to enhance client business growth. This includes managing campaigns across major digital platforms and optimizing performance, evidenced by its recognition as a Google Premier Partner for 2025. The ad platform division features prominent offerings such as UNICORN, an automated marketing platform for mobile applications that leverages machine learning to optimize ad delivery and effectiveness for KPIs and user engagement. It is also recognized as Japan's first Apple Search Ads Partner. Additionally, AppDriver is a rewarded ad platform, continually enhanced with features like "Insight Targeting" to precisely reach users and improve retention, alongside its "Push Reward" functionality. The company also operates major affiliate services for web and app promotions, including JANet and Smart-C, which function on a performance-based pricing model. Tools for video and banner creative production, Dobel and MASSIVE, further support advertisers. Adways has significantly expanded its international presence, with a substantial portion of its revenue originating from outside Japan, particularly targeting the rapidly growing mobile app sector in Southeast Asia. Beyond its core advertising and platform activities, the company engages in lifestyle businesses, developing mobile applications and media content, and supports digital transformation (DX) for enterprises, aiding in digitalization strategies and consumer engagement. Through Adways Ventures, the firm also invests in and collaborates with innovative startups, both domestically and abroad, providing strategic and operational support. Adways Inc. was established in 2001 and maintains its headquarters in Tokyo, Japan.