Aucnet Inc
Aucnet Inc provides online auction services and related IT solutions, primarily generating revenue through transaction fees and subscription models.
Business. Aucnet Inc (3964.T) is a Japanese online services company operating within the Software & IT Services sector. The firm primarily generates revenue through advertising and transaction fees associated with its digital platforms. Headquartered in Japan, the company is listed on the Tokyo Stock Exchange under the ticker 3964.T. Specific operating segments and geographic breakdowns are not disclosed in the available data.
Analyst recommendations
1 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Aucnet Inc (3964.T) is a Japanese online services company operating within the Software & IT Services sector. The firm primarily generates revenue through advertising and transaction fees associated with its digital platforms. Headquartered in Japan, the company is listed on the Tokyo Stock Exchange under the ticker 3964.T. Specific operating segments and geographic breakdowns are not disclosed in the available data.
Aucnet Inc maintains a strong liquidity position, with cash and equivalents amounting to ¥17.59 billion, representing 39.36% of total assets. The company has no long-term debt, and its debt-to-equity ratio is 0.0, indicating a conservative capital structure. The current ratio of 2.09 suggests the company has sufficient short-term assets to cover its liabilities.
Profitability metrics show a return on equity (ROE) of 4.73% and a return on assets (ROA) of 2.59%. These figures are below the typical thresholds for high-performing software and IT services firms, indicating that Aucnet Inc is generating moderate returns relative to its equity and asset base.
Geographically, Aucnet Inc's revenue is concentrated in Japan, with no disclosed international segments. The company's business model is heavily reliant on the domestic auction and IT services market, which may limit its exposure to global growth opportunities.
Looking ahead, Aucnet Inc is projected to maintain a stable revenue trajectory, with no significant growth or decline expected in the next fiscal year. The company's operating cash flow of ¥3.71 billion supports its capital expenditure of -¥252.24 million, indicating that it is reinvesting in its operations while maintaining positive cash flow.
The risk assessment for Aucnet Inc indicates low liquidity and dilution risks. There are no immediate filing-based liquidity or dilution flags, and the company's capital structure remains stable with no long-term debt. The absence of dilution risk is further supported by the fact that basic and diluted shares outstanding are equal.
Recent events and filings do not indicate any significant changes in the company's operations or financial strategy. Analyst estimates suggest a mean price target of ¥1,415, which is slightly below the current market price of ¥1,507. The mean recommendation of 2.00 (on a scale from 1 to 5) indicates a neutral stance from analysts, with one "buy" rating and no "strong buy" or "hold" ratings.
- Aucnet Inc has a strong liquidity position with no long-term debt and a current ratio of 2.09.
- The company's ROE and ROA are moderate, indicating room for improvement in profitability.
- Revenue is concentrated in Japan, limiting exposure to international markets.
- Analysts have a neutral outlook, with a mean price target slightly below the current market price.
- The company faces low liquidity and dilution risks, with no immediate flags detected.
Bull / Bear case
Generated · model-assistedOperating margin of 11.6% is well above the 3.7% median for the Online Services cohort peers.
The company maintains zero long-term debt, placing its leverage ratio in the top quartile of its peer group.
Cash conversion of 3.2x is rated best-in-class compared to the 1.06x median for the Online Services cohort.
Free cash flow declined 12.5% year-over-year to 3.1 billion JPY, suggesting potential cash generation headwinds.
Return on equity of 4.7% remains modest, indicating limited capital efficiency despite strong profit growth.
Analyst consensus price target of 1,415 JPY implies negligible upside from the current market price of 1,420 JPY.
In focus — financials by report
Revenue ¥18.19B, +13,8% YoY; Operating income +3,4% YoY.
- ▍Revenue ¥18.19B, +13,8% YoY
- ▍Operating income +3,4% YoY
- ▍Net income +7,2% YoY
- ▍Net margin 11.9%
Revenue ¥16.66B, +7,7% YoY; Operating income +29,1% YoY.
- ▍Revenue ¥16.66B, +7,7% YoY
- ▍Operating income +29,1% YoY
- ▍Net income +52,5% YoY
- ▍Net margin 8.2%
Revenue ¥14.95B, +7,8% YoY; Operating income −33,0% YoY.
- ▍Revenue ¥14.95B, +7,8% YoY
- ▍Operating income −33,0% YoY
- ▍Net income −17,6% YoY
- ▍Net margin 5.7%
Revenue ¥16.55B, +6,2% YoY; Operating income +50,4% YoY.
- ▍Revenue ¥16.55B, +6,2% YoY
- ▍Operating income +50,4% YoY
- ▍Net income +45,9% YoY
- ▍Net margin 10.2%
Revenue ¥15.98B; Operating income ¥3.11B.
- ▍Revenue ¥15.98B
- ▍Operating income ¥3.11B
- ▍Net margin 12.6%
Revenue ¥15.47B; Operating income ¥1.14B.
- ▍Revenue ¥15.47B
- ▍Operating income ¥1.14B
- ▍Net margin 5.8%
Revenue ¥13.87B; Operating income ¥1.76B.
- ▍Revenue ¥13.87B
- ▍Operating income ¥1.76B
- ▍Net margin 7.5%
Revenue ¥15.58B; Operating income ¥1.81B.
- ▍Revenue ¥15.58B
- ▍Operating income ¥1.81B
- ▍Net margin 7.4%
Revenue ¥64.14B, +14,7% YoY; Operating income +25,9% YoY.
- ▍Revenue ¥64.14B, +14,7% YoY
- ▍Operating income +25,9% YoY
- ▍Net income +32,0% YoY
- ▍Free cash flow +12,5% YoY
- ▍Net margin 9.2%
Revenue ¥55.91B, +29,1% YoY; Operating income +1,2% YoY.
- ▍Revenue ¥55.91B, +29,1% YoY
- ▍Operating income +1,2% YoY
- ▍Net income +2,7% YoY
- ▍Free cash flow −15,0% YoY
- ▍Net margin 8.0%
Revenue ¥43.30B, +7,0% YoY; Operating income +3,2% YoY.
- ▍Revenue ¥43.30B, +7,0% YoY
- ▍Operating income +3,2% YoY
- ▍Net income +0,5% YoY
- ▍Free cash flow −3,0% YoY
- ▍Net margin 10.1%
Revenue ¥40.46B, +10,2% YoY; Operating income +14,8% YoY.
- ▍Revenue ¥40.46B, +10,2% YoY
- ▍Operating income +14,8% YoY
- ▍Net income +19,9% YoY
- ▍Free cash flow +6,5% YoY
- ▍Net margin 10.7%
Valuation TTM
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 80,80 |
| Revenue | —no estimate | —no estimate | 71,3B JPY |
| Operating income | —no estimate | —no estimate | —no estimate |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Ev To Operating Cash Flowenterprise_value / operating_cash_flow
- Return On Equitynet_income / total_equity
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Aucnet Inc Market data — financials · 2026-05-26
- Aucnet Inc Market data — analyst estimates · 2026-05-26