Added to YB: 2025-05-07
Pitch date: 2025-03-17
5962.T [bullish]
Asaka Industrial Co., Ltd.
+20.27%
current return
Author Info
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Company Info
Asaka Industrial Co., Ltd. produces and sells shovels, spades, and gardening tools in Japan. The company offers excavators, civil engineering and construction equipment, agricultural tools, wood products, electric mobile shelves, rotating racks, heavy/medium/lightweight racks, transportation tools, and stores furniture.
Market Cap
JPY 1.5B
Pitch Price
JPY 1.5K
Price Target
6.2K (+235%)
Dividend
N/A
EV/EBITDA
3.42
P/E
6.49
EV/Sales
0.15
Sector
Household Durables
Category
value
Asaka Industrial Co., Ltd. - $5962.T
5962.T: Dirt-cheap 364yo Japanese garden tool maker at 5x P/E, 0.4x P/B with 3% dividend. Trades at ¥1600 vs ¥6200/share value (¥2.5B NCAV + ¥1.6B investments + ¥1.86B real estate). #1 domestic market share, 98% Japan sales. Catalyst: Japan corporate governance reforms. Risks: nanocap illiquidity, value trap.
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