5724
Asaka Riken Co., Ltd.
株式会社アサカ理研
Nonferrous Metals
Asaka Riken Co.,Ltd., together with its subsidiaries, engages in the precious metal, environmental, and other businesses in Japan. It collects precious metals, such as gold, silver, and white gold from circuit board scraps, defective products, and waste products; provides peeling, surface treatment, and precision cleaning of the film forming equipment; and recovers valuable metals from dentistry scrap. The company also collects and recycles waste solutions of ferric chloride. In addition, it offers filter materials for purified water, as well as designs/constructs filter systems; and develops, manufactures, and sells photocatalyst materials for environmental purification. Further, the company develops and sells measurement software systems and automatic measuring systems, as well as transportation of industrial waste, industrial chemicals, scraps, and other waste. The company was incorporated in 1969 and is headquartered in Koriyama, 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 2026
TDnet
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
Net Sales
¥9.5B
¥8.7B
¥8.0B
¥8.3B
¥8.6B
Cost of Sales
—
¥6.0B
¥5.6B
¥6.0B
¥5.9B
Gross Profit
—
¥2.7B
¥2.3B
¥2.3B
¥2.7B
SG&A
—
¥2.2B
¥2.0B
¥1.9B
¥1.8B
Operating Income
¥9.5B
¥493M
¥294M
¥395M
¥816M
Non-Operating Income
—
¥122M
¥17M
¥35M
¥17M
Dividend Income
—
¥7M
¥5M
¥6M
¥4M
Interest Income
—
¥19M
¥2M
¥2M
¥3M
Non-Operating Expenses
—
¥187M
¥44M
¥44M
¥57M
Interest Expense
—
¥70M
¥20M
¥16M
¥15M
Ordinary Income
¥9.5B
¥429M
¥267M
¥386M
¥776M
Pre-tax Income
—
¥380M
¥509M
¥386M
¥802M
Income Taxes
—
¥80M
¥137M
¥79M
¥180M
Current Tax
—
¥92M
¥78M
¥86M
¥169M
Deferred Tax
—
¥-12M
¥59M
¥-7M
¥11M
Net Income (owners)
¥1M
¥300M
¥372M
¥307M
¥622M
Minority Interest
—
—
—
¥-0M
¥-0M
Comprehensive Income
—
¥307M
¥429M
¥330M
¥587M
EBITDA
—
¥836M
¥598M
¥667M
¥1.0B
EPS
—
¥59.77
¥74.16
¥61.27
¥122.70
Shares Outstanding
—
5.0M
5.0M
5.0M
5.1M
Shares Issued (total)
—
5.1M
5.1M
5.1M
5.1M
Treasury Shares
—
0.1M
0.1M
0.1M
0.1M
Metric
FY 2026
TDnet
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
Total Assets
—
¥13.8B
¥8.5B
¥8.3B
¥7.9B
Current Assets
—
¥7.9B
¥3.7B
¥3.8B
¥4.3B
Cash & Deposits
—
¥4.2B
¥1.5B
¥1.8B
¥2.0B
Trade Receivables
—
¥538M
¥427M
¥402M
¥370M
Non-Current Assets
—
¥5.9B
¥4.8B
¥4.5B
¥3.6B
PP&E
—
¥5.5B
¥4.3B
¥4.1B
¥3.3B
Intangible Assets
—
¥56M
¥77M
¥70M
¥34M
Investment Securities
—
¥207M
¥195M
¥114M
¥91M
Deferred Tax Assets
—
¥1M
¥1M
¥1M
—
Total Liabilities
—
¥8.9B
¥3.9B
¥4.1B
¥3.8B
Current Liabilities
—
¥3.1B
¥1.9B
¥2.3B
¥2.2B
ST Debt
—
¥202M
¥202M
¥963M
¥913M
Taxes Payable
—
¥64M
¥44M
¥15M
¥151M
Non-Current Liabilities
—
¥5.8B
¥2.0B
¥1.8B
¥1.6B
Total LT Borrowings
—
¥5.3B
¥1.5B
¥1.4B
¥1.2B
Pension Obligations
—
—
¥1M
—
—
Deferred Tax Liab.
—
¥149M
¥157M
¥72M
¥70M
Total Equity
—
¥4.9B
¥4.6B
¥4.3B
¥4.1B
Capital Stock
—
¥504M
¥504M
¥504M
¥504M
Capital Surplus
—
¥366M
¥369M
¥369M
¥366M
Retained Earnings
—
¥4.0B
¥3.8B
¥3.4B
¥3.2B
Treasury Stock
—
¥-129M
¥-142M
¥-151M
¥-34M
AOCI
—
¥129M
¥122M
¥65M
¥42M
Equity (owners)
—
¥4.8B
¥4.5B
¥4.1B
¥4.0B
Minority Interests
—
—
—
¥4M
¥4M
Total Interest-Bearing Debt ⓘ
—
¥5.5B
¥1.7B
¥2.3B
¥2.1B
Net Cash ⓘ
—
¥-1.4B
¥-161M
¥-554M
¥-108M
NCAV ⓘ
—
¥-958M
¥-170M
¥-278M
¥485M
NCAV/Share
—
¥-191
¥-34
¥-56
¥96
BV/Share
—
¥946
¥895
¥828
¥795
Metric
FY 2026
TDnet
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
Operating CF
—
¥410M
¥800M
¥698M
¥838M
Interest Paid
—
¥-61M
¥-21M
¥-15M
¥-14M
Interest Received
—
¥20M
¥3M
¥9M
¥8M
D&A
—
¥343M
¥304M
¥272M
¥233M
Investing CF
—
¥-801M
¥-255M
¥-1.1B
¥-370M
CapEx
—
¥1.5B
¥475M
¥1.1B
¥590M
Proceeds from Invest.
—
—
—
—
¥0M
Financing CF
—
¥3.6B
¥-785M
¥203M
¥-179M
Dividends Paid
—
¥-40M
¥-40M
¥-81M
¥-40M
Share Buybacks
—
¥-0M
—
¥-125M
—
LT Debt Repaid
—
¥-202M
¥-259M
¥-112M
¥-92M
Free Cash Flow
—
¥-1.1B
¥325M
¥-357M
¥248M
Net Change in Cash
—
¥3.2B
¥-240M
¥-207M
¥292M
Metric
FY 2026
TDnet
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
ROE
—
6.3%
8.4%
7.4%
16.4%
ROA
—
2.7%
4.4%
3.8%
8.3%
EPS
—
¥59.77
¥74.16
¥61.27
¥122.70
DPS
—
¥12.00
¥8.00
¥8.00
¥16.00
BPS
—
¥972.02
¥919.20
¥841.01
¥803.38
FCF/Share
—
¥-225
¥65
¥-71
¥49
NCAV/Share
—
¥-191
¥-34
¥-56
¥96
Payout Ratio
—
20.1%
10.8%
13.1%
13.0%
No filings or capital allocation signals recorded for this company.
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 3
#
Shareholder
Shares (thou.)
% of Total
1
有限会社モラル・コーポレーション
2,102,060
41.82%
2
白岩 政一
205,700
4.09%
3
株式会社常陽銀行 (常任代理人 日本マスタートラスト信託銀行株式会社)
180,000
3.58%
4
株式会社東邦銀行 (常任代理人 日本マスタートラスト信託銀行株式会社)
162,200
3.23%
5
日本生命保険相互会社 (常任代理人 日本マスタートラスト 信託銀行株式会社)
145,000
2.88%
6
東京中小企業投資育成株式会社
100,000
1.99%
7
アサカ理研社員持株会
59,848
1.19%
8
モルガン・スタンレーMUFG証券株式会社
42,900
0.85%
9
佐藤 恵美子
38,100
0.76%
10
株式会社SBI証券
33,999
0.68%
Domestic Nominees
0.0%
+0.0% 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
61.1%
-0.1% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
限会社モラル・コーポレーション
41.98%
41.91%
41.82%
-0.09%
白岩 政一
4.16%
4.27%
4.09%
-0.18%
式会社常陽銀行
3.59%
3.59%
3.58%
-0.01%
式会社東邦銀行
3.24%
3.23%
3.23%
日本生命保険
2.90%
2.89%
2.88%
-0.01%
東京中小企業投資育成
2.00%
1.99%
1.99%
アサカ理研社員持株会
1.14%
1.11%
1.19%
+0.08%
Morgan Stanley
NEW ENTRY
—
—
—
0.85%
NEW
佐藤 恵美子
NEW ENTRY
—
—
—
0.76%
NEW
式会社SBI証券
—
0.54%
0.68%
+0.14%
竹内 信彦
last seen 2024
Exited Top 10
0.63%
1.10%
—
山田 慶太
last seen 2024
Exited Top 10
—
0.58%
—
日本証券金融
last seen 2023
Exited Top 10
1.46%
—
—
楽天証券
last seen 2023
Exited Top 10
0.75%
—
—
Concentration (HHI)
ⓘ
1820
1813
1804
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥207M
+83% since 2023
Holdings
3
Trend
Stable
vs 2023
Held Company
FY2025
¥207M total
FY2023
¥114M total
Book Val ¥M
Shares
Book Val ¥M
Shares
光洋應用材料科技股份有限公司
193
632,288
107
632,288
譬ェ蠑丈シ夂、セ繧√�カ縺阪ヵ繧」繝翫Φ繧キ繝」繝ォ繧ー繝ォ繝シ繝�
㈱めぶきフィナンシャルグループ
13
14,040
6
14,040
The Toho Bank, Ltd.
㈱東邦銀行
1
3,000
1
3,000
M
Portfolio total
207
114
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding