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ARE Holdings, Inc.

ARE Holdings, Inc.

3,115.00
JPY
-75.00
(-2.35%)
288.34BMarket Cap
Nov 04Next Earn
ARE Holdings, Inc.
TSE:5857
(Tokyo Stock Exchange)

Recent

price

3,115.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
JPY
1,712.71
2,335.37
1,484.96
1,448.28
1,706.44
1,820.85
1,638.49
1,664.93
1,399.27
1,722.58
2,093.8
2,445.77
3,542.28
4,204.68
6,615.49
7,357.59
- -
Revenue per Share
95.23
91.59
69.62
91.75
88.43
43.74
-18.6
135.38
114.06
125.11
326.89
238.11
141.18
319.54
187.13
315.49
- -
Basic EPS, GAAP
33.45
148.75
-24.52
202.4
120.44
189.85
5.72
-234.99
-335.19
5.57
-492.69
29.82
408.52
54.85
91
- -
- -
Free Cash Flow per Basic Share
25
27.47
29.99
30.18
30.1
30.01
30
28.12
46.46
59.9
75
89.94
90.32
89.99
85.08
- -
- -
Dividend per Share
531.57
536.5
645.43
712.4
775.66
745.25
679.51
813.59
861.58
878.99
1,244.05
1,336.89
1,395.52
1,650.19
1,648.55
2,682.6
- -
Book Value per Share
492.02
502.16
596.55
668.57
429.81
470.85
539.08
700.17
747.98
851.88
1,221.98
1,314.61
1,366.06
1,629.33
1,629.52
2,663.08
- -
Tangible Book Value per Share
65
65
65
65
65
66
65
70
79
79
79
79
77
77
77
77
80
Basic Weighted Avg Shares
110,504
151,094
96,368
94,254
111,417
119,352
106,828
115,797
110,412
135,563
164,776
192,442
274,209
322,253
506,211
569,992
- -
Sales/Revenue/Turnover
9.65
7.42
7.78
10.22
9.41
5.08
1.91
11.91
12.18
13.32
15.08
13.63
6.16
3.84
3.57
6.18
- -
Operating Margin (%)
2,345
2,651
2,468
2,229
2,434
2,389
2,340
2,267
2,320
2,827
2,538
2,689
3,313
3,632
2,764
- -
- -
Depreciation Expense
6,144
5,926
4,518
5,971
5,774
2,867
-1,213
9,416
9,000
9,846
25,725
18,735
10,929
24,490
14,319
24,441
- -
Net Income, GAAP
41.7
45.18
38.52
39.68
39.88
49.13
162.02
29.5
33.02
35.3
1.57
28.95
32.5
31.5
30.13
29.66
- -
Effective Tax Rate (%)
5.56
3.92
4.69
6.34
5.18
2.4
-1.14
8.13
8.15
7.26
15.61
9.74
3.99
7.6
2.83
4.29
- -
Profit Margin (%)
8,857
13,171
14,745
25,175
1,336
20,820
25,269
42,997
43,217
34,467
72,393
93,152
112,894
140,772
108,379
260,122
- -
Working Capital
2,500
1,500
- -
5,419
6,550
20,503
20,195
18,600
19,085
4,928
25,501
42,663
52,868
71,190
43,462
84,648
- -
LT Debt
34,341
38,901
42,010
46,489
51,098
48,987
44,827
64,435
67,804
69,174
97,903
105,137
106,957
126,476
126,348
230,555
- -
Total Equity
13.16
12.42
8.92
10.63
8.91
3.74
-1.71
10.96
7.42
6.97
12.09
8.07
4.32
3.25
4.06
6.23
- -
Return on Invested Capital (%)
13.76
12.76
9.1
11.26
8.4
3.57
-2.12
11.15
8.22
6.14
12.95
8.44
4.52
9.72
4.23
6.45
- -
Return on Capital (%)
19.13
16.18
11.18
13.51
11.88
5.77
-2.61
17.32
13.61
14.38
30.79
18.45
10.31
20.98
11.33
13.7
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
339,103
98,554
- -
LT Borrowings
35,650
84,648
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
77
86
86
Market Capitalization
164,676
288,344
251,560

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
596,565
536,998
- -
Cash, Cash Equivalents & STI
17,237
62,715
- -
Accounts Receivable, Net
469,876
315,302
- -
Inventories
75,110
122,415
- -
Total Current Liabilities
497,217
276,876
- -
Payables & Accruals
- -
- -
- -
ST Debt
339,103
98,554
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.38%
21.95%
82.48%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-76.79%
16.88%
70.69%
Sales/Revenue/Turnover
18.41%
29.3%
12.6%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
506,211
2026
- -
- -
- -
- -
569,992
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
187.13
2026
- -
- -
- -
- -
315.49
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
85.08
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
ARE Holdings, Inc. (5857.T) engages primarily in the recycling, refining, manufacturing, and trading of precious and rare metals, alongside environmental preservation services through its two main segments: Precious Metals and Environmental Preservation; it recycles and sells gold, silver, palladium, platinum, and indium recovered from electronic scrap, dental materials, jewelry, plating treatments, precision cleaning applications, automobile catalysts, and other industrial sources; refines and processes precious metals into finished products; trades precious metals; offers vaulting services; collects, transports, and treats industrial wastes including waste oils, sludge, wood waste, fire-proof bricks, glass products, waste acids, reagents, alkalis, infectious medical wastes, and sludge; and provides digital platforms and consulting for waste management decarbonization. The company, founded in 1952 and headquartered in Kobe, Japan, with additional head office in Tokyo and operations spanning Japan, the rest of Asia, and North America through subsidiaries such as Asahi Pretec Corp., ASAHI METALFINE, Inc., Waste System Japan Corporation, and North American refining facilities, serves industries including electronics, dentistry, jewelry, automotive, and manufacturing. In June 2023, the company changed its name from Asahi Holdings, Inc. to ARE Holdings, Inc., reflecting its purpose of protecting the environment and preserving resources under the tagline "Think Circular," accompanied by a new management philosophy and brand identity; it completed an equity buyback of 497,500 shares in June 2024; and in October 2025 upwardly revised its full-year consolidated financial forecasts, raising operating profit expectations to 30 billion yen driven by higher gold prices and sales.