Added to YB: 2026-08-12
Pitch date: 2026-08-10
3565.T [neutral]
Ascentech K.K.
Author Info
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Company Info
Ascentech K.K. engages virtual desktop business in Japan. The company offers virtual desktop infrastructure (VDI) software, VDI server, and VDI printing, as well as network, security, ThinClient, and infrastructure products.
Market Cap
JPY 18.0B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.69
P/E
11.84
EV/Sales
0.52
Sector
IT Services
Category
special_situation
Monday Delight: 10/08/2026 - Ascentech K.K.
3565.T (watchlist): Tokyo-listed Citrix Japan VDI reseller. Mkt cap JPY18.6B, EV JPY8.1B, 12.2x P/E, 27.4% ROE. Rev tripled on one-off govt tenders/license recognition — not repeatable; mgmt guides profit -27% from peak, weak Q1. ORIX's ~19%-premium board-backed tender failed by ~2% mid-2025; turnaround fund then bought largest stake + board seat. No live bid but sophisticated acquirer valued well above current price.
Read full article (1 min)