2678
ASKUL Corporation
アスクル株式会社
Consumer Cyclical · Internet Retail
ASKUL Corporation engages in e-commerce business in Japan. The company operates ASKUL, a website for small and medium-sized enterprises, as well as SOLOEL ARENA, a website for mid-tier and larger companies that provides office supplies, living supplies, furniture, general medical, pharmaceuticals, and medical equipment products. It also provides various services comprising make printed materials, such as business cards, envelopes, stamps, and personalized novelty goods; office coordinate services; and support services on an e-commerce website where customers can get advice by professional staffs, as well as sells SaaS, communication tools, and seminars for beginners. In addition, the company sells maintenance, repair, and operation supplies; provision of purchase solutions for large companies, and e-commerce website of professional items for dentists; and engages in agent business. Further, it is involved in the operation of e-commerce site for pet and gardening products; provision of logistics and small-cargo transportation, product storage, warehouse management, and delivery services for manufacturers and direct-order companies; and produces and sells bottled natural mineral water. The company was incorporated in 1963 and is headquartered in Tokyo, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
Net Sales
¥481.1B
¥471.7B
¥446.7B
¥428.5B
Cost of Sales
¥363.6B
¥354.2B
¥339.7B
¥323.4B
Gross Profit
¥117.5B
¥117.5B
¥107.0B
¥105.1B
SG&A
¥103.5B
¥100.5B
¥92.4B
¥90.8B
Operating Income
¥14.0B
¥17.0B
¥14.6B
¥14.3B
Non-Operating Income
¥302M
¥163M
¥200M
¥319M
Interest Income
¥119M
¥40M
¥44M
¥43M
Non-Operating Expenses
¥490M
¥438M
¥371M
¥359M
Interest Expense
¥393M
¥392M
¥298M
¥226M
Ordinary Income
¥13.8B
¥16.7B
¥14.4B
¥14.3B
Pre-tax Income
¥13.6B
¥28.4B
¥14.5B
¥13.9B
Income Taxes
¥4.2B
¥9.0B
¥4.5B
¥4.6B
Current Tax
¥4.6B
¥9.3B
¥4.6B
¥4.6B
Deferred Tax
¥-425M
¥-365M
¥-99M
¥16M
Net Income (owners)
¥9.1B
¥19.1B
¥9.8B
¥9.2B
Minority Interest
¥370M
¥334M
¥166M
¥89M
Comprehensive Income
¥9.5B
¥19.6B
¥10.1B
¥9.3B
EBITDA
¥19.4B
¥22.0B
¥18.9B
¥18.3B
Goodwill Amort. (J-GAAP)
¥544M
¥536M
¥243M
¥243M
EPS
¥95.45
¥196.47
¥100.43
¥90.83
Shares Outstanding
93.5M
96.8M
97.5M
97.4M
Shares Issued (total)
94.8M
97.6M
97.5M
97.5M
Treasury Shares
1.2M
0.8M
0.1M
0.1M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
Total Assets
¥227.8B
¥243.1B
¥227.5B
¥188.0B
Current Assets
¥149.8B
¥168.0B
¥156.0B
¥137.0B
Cash & Deposits
¥48.4B
¥61.7B
¥66.2B
¥58.8B
Non-Current Assets
¥78.0B
¥75.1B
¥71.5B
¥51.1B
PP&E
¥34.0B
¥32.5B
¥27.9B
¥24.3B
Goodwill
¥4.8B
¥5.0B
¥5.5B
¥1.4B
Intangible Assets
¥31.9B
¥31.4B
¥32.6B
¥15.5B
Investment Securities
¥100M
¥159M
¥159M
¥143M
Deferred Tax Assets
¥4.6B
¥4.4B
¥4.2B
¥4.0B
Total Liabilities
¥146.5B
¥161.7B
¥160.6B
¥130.8B
Current Liabilities
¥107.0B
¥120.9B
¥120.5B
¥100.7B
Accounts Payable
¥58.5B
¥59.1B
¥54.6B
¥52.7B
ST Debt
¥6.5B
¥4.5B
¥10.5B
¥2.5B
Taxes Payable
¥578M
¥7.4B
¥2.7B
¥2.6B
Non-Current Liabilities
¥39.6B
¥40.8B
¥40.1B
¥30.1B
Total LT Borrowings
¥13.7B
¥13.2B
¥10.3B
¥10.1B
Pension Obligations
¥5.0B
¥4.9B
¥4.8B
¥4.4B
Deferred Tax Liab.
¥2.4B
¥2.6B
¥2.8B
—
Total Equity
¥81.3B
¥81.3B
¥66.9B
¥57.3B
Capital Stock
¥21.2B
¥21.2B
¥21.2B
¥21.2B
Capital Surplus
¥14.9B
¥14.9B
¥14.9B
¥14.3B
Retained Earnings
¥43.4B
¥43.8B
¥28.1B
¥21.5B
Treasury Stock
¥-2.0B
¥-1.8B
¥-92M
¥-118M
AOCI
¥216M
¥145M
¥20M
¥-82M
Equity (owners)
¥77.6B
¥78.1B
¥64.1B
¥56.8B
Minority Interests
¥3.5B
¥3.1B
¥2.7B
¥514M
Total Interest-Bearing Debt ⓘ
¥20.2B
¥17.7B
¥20.8B
¥12.6B
Net Cash ⓘ
¥28.2B
¥44.0B
¥45.4B
¥46.2B
NCAV ⓘ
¥3.2B
¥6.3B
¥-4.7B
¥6.2B
NCAV/Share
¥34
¥65
¥-48
¥64
BV/Share
¥829
¥807
¥658
¥583
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
Operating CF
¥12.9B
¥16.9B
¥20.1B
¥18.0B
Interest Paid
¥-389M
¥-390M
¥-295M
¥-224M
Interest Received
¥124M
¥43M
¥44M
¥43M
D&A
¥4.8B
¥4.5B
¥4.0B
¥3.7B
Goodwill Amort.
¥544M
¥536M
¥243M
¥243M
Investing CF
¥-16.6B
¥-11.5B
¥-22.9B
¥-10.7B
CapEx
¥9.3B
¥6.2B
¥6.7B
¥2.9B
Proceeds from Invest.
—
¥0M
¥22M
—
Financing CF
¥-9.6B
¥-9.8B
¥10.2B
¥-14.7B
Dividends Paid
¥-3.5B
¥-3.5B
¥-3.1B
¥-3.1B
Share Buybacks
¥-6.2B
¥-1.7B
—
¥-8.1B
LT Debt Repaid
¥-4.2B
¥-10.1B
¥-5.4B
¥-12.7B
Free Cash Flow
¥3.6B
¥10.7B
¥13.4B
¥15.1B
Net Change in Cash
¥-13.3B
¥-4.5B
¥7.4B
¥-7.5B
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
ROE
11.6%
26.9%
16.2%
15.9%
ROA
3.9%
8.1%
4.7%
4.9%
EPS
¥95.45
¥196.47
¥100.43
¥90.83
DPS
¥38.00
¥36.00
¥34.00
¥31.00
BPS
¥831.73
¥808.88
¥658.20
¥582.43
FCF/Share
¥39
¥111
¥138
¥155
NCAV/Share
¥34
¥65
¥-48
¥64
Payout Ratio
39.8%
18.3%
33.9%
34.1%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 10
Date Activist Stake Event Flag Demands Source
2025-05-22
FMR LLC
4.61%
-1.48%
change
Passive
—
2025-05-20
Wellington Management Company LLP
5.28%
initial_5pct
Passive
—
2025-04-22
FMR LLC
6.09%
-1.32%
change
Passive
—
2025-03-24
FMR LLC
7.41%
-1.46%
change
Passive
—
2025-01-10
FMR LLC
8.87%
-1.03%
change
Passive
—
2024-06-07
PLUS CORPORATION
13.71%
-0.67%
change
Passive
—
2024-01-04
PLUS CORPORATION
14.38%
change
Passive
—
2023-10-06
FMR LLC
9.9%
+1.0%
change
Passive
—
2023-10-03
LY Corporation
44.92%
change
Passive
—
2023-06-07
FMR LLC
8.9%
change
Passive
—
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
LY Corporation
LINEヤフー株式会社
43,808
46.84%
2
Plus Corporation
プラス株式会社
10,331
11.05%
3
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
5,561
5.95%
4
STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行)
2,257
2.41%
5
NORTHERN TRUST CO.(AVFC)RE FIDELITY FUNDS
NORTHERN TRUST CO.(AVFC)RE FIDELITY FUNDS(常任代理人 香港上海銀行東京支店)
1,480
1.58%
6
岩田 彰一郎
1,306
1.40%
7
今泉 英久
1,233
1.32%
8
今泉 忠久
1,232
1.32%
9
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
1,211
1.30%
10
Nomura Trust & Banking
野村信託銀行株式会社(投信口)
883
0.94%
Domestic Nominees
7.2%
-0.3% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
66.9%
-0.3% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
LY Corporation
LINEヤフー
—
45.28%
46.84%
+1.56%
Plus Corporation
プラス
10.60%
10.68%
11.05%
+0.37%
Japan Master Trust Bank
日本マスタートラスト信託銀行
4.25%
5.89%
5.95%
+0.06%
STATE STREET BANK AND TRUST COMPANY 505001
NEW ENTRY
—
—
—
2.41%
NEW
NORTHERN TRUST CO.(AVFC)RE FIDELITY FUNDS
NORTHERN TRUST CO.(AVFC)RE FIDELITY FUNDS
2.01%
2.32%
1.58%
-0.74%
岩田 彰一郎
↑
1.56%
1.37%
1.40%
+0.03%
今泉 英久
↑
1.63%
1.27%
1.32%
+0.05%
今泉 忠久
NEW ENTRY
1.62%
—
1.32%
NEW
Japan Custody Bank
日本カストディ銀行
—
1.66%
1.30%
-0.36%
Nomura Trust & Banking
野村信託銀行株式会社(投信口)
1.57%
1.72%
0.94%
-0.78%
BBH FOR FIDELITY LOW-PRICED STOCK FUND (PRINCIPAL ALL SECTOR SUBPORTFOLIO)
BBH FOR FIDELITY LOW-PRICED STOCK FUND (PRINCIPAL ALL SECTOR SUBPORTFOLIO)
last seen 2024
Exited Top 10
1.67%
3.00%
—
SSBTC CLIENT OMNIBUS ACCOUNT
SSBTC CLIENT OMNIBUS ACCOUNT
last seen 2024
Exited Top 10
—
1.51%
—
Zホールディングス
last seen 2023
Exited Top 10
44.95%
—
—
SMBC日興証券
last seen 2023
Exited Top 10
1.60%
—
—
Concentration (HHI)
ⓘ
2170
2225
2368
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved