Alleanza Holdings Co Ltd

Alleanza Holdings maintains a debt-to-equity ratio of 0.76 and a current ratio of 1.16, indicating moderate leverage and liquidity. The company's liquidity position is assessed as medium, with free cash flow of 1.77 billion JPY and operating cash flow of 10.43 billion JPY, but net cash is negative after subtracting total debt. [doc:3546.T-2023-annual-report] Profitability metrics show a return on equity (ROE) of 7.91% and return on assets (ROA) of 2.84%, both below the median for the Home Improvement Products & Services Retailers industry. The operating margin is 2.39% (3.594 billion JPY / 150.601 billion JPY revenue), which is also below the industry median, suggesting room for improvement in cost control or pricing power. [doc:3546.T-2023-annual-report] The company's revenue is distributed across three segments: DAIYU EIGHT CO., LTD., LIC CO., LTD., and AMIGO CO., LTD. While the input data does not specify the exact revenue contribution of each segment, the geographic exposure is concentrated in Japan, with no material international operations disclosed. [doc:3546.T-2023-annual-report] Looking ahead, the company is projected to see a modest increase in revenue, with the outlook for the current fiscal year and the next fiscal year showing a positive but limited growth trajectory. Capital expenditures are expected to remain negative, indicating continued investment in operations. [doc:3546.T-2023-annual-report] Risk factors include a medium liquidity risk due to the negative net cash position and a debt-to-equity ratio above 0.5. The dilution risk is assessed as low, with no near-term pressure from share issuance or convertible instruments. [doc:3546.T-2023-annual-report] Recent events include the publication of the 2023 annual report, which provides updated financials and operational performance. No material regulatory or legal events were disclosed in the latest filings. [doc:3546.T-2023-annual-report]