Aoyama Zaisan Networks Company,Limited
8929株式会社青山財産ネットワークス
Latest half-year results
First half · fiscal year to 2026-12 · filed 2026-08-07For the first half of the fiscal year to 2026-12: Revenue ¥12.7 billion (-42.6% YoY), Ordinary income ¥1.7 billion (-14.5% YoY), Net income ¥1.1 billion (-10.7% YoY).
| This period | Year on year | |
|---|---|---|
| Revenue | ¥12.7bn | -42.6% |
| Ordinary profit | ¥1.7bn | -14.5% |
| Net profit to owners | ¥1.1bn | -10.7% |
From the securities report on EDINET, which states no forecast. History via /v1/companies/8929/earnings-releases.
Financials
Japan GAAP · consolidated · fiscal year to 2025-12-31- Revenue
- ¥41.8bn
- Net income
- ¥2.8bn
- ROE
- 25.7%
- Equity ratio
- 44.4%
- Dividend / share
- ¥53
- Employees
- 398
| Fiscal year | Revenue | Net income | Total assets | Net assets | ROE | EPS | Operating CF |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | ¥41.8bn | ¥2.8bn | ¥26.3bn | ¥11.7bn | 25.7% | ¥114.78 | ¥0.9bn |
| 2024-12-31 | ¥45.6bn | ¥2.4bn | ¥23.3bn | ¥9.8bn | 25.2% | ¥100.03 | ¥6.7bn |
| 2023-12-31 | ¥36.1bn | ¥2.1bn | ¥23.5bn | ¥9.6bn | 23.2% | ¥84.81 | ¥2.5bn |
| 2022-12-31 | ¥36.0bn | ¥1.7bn | ¥21.8bn | ¥8.3bn | 22.0% | ¥69.82 | ¥2.2bn |
| 2021-12-31 | ¥24.2bn | ¥1.5bn | ¥17.4bn | ¥7.1bn | 22.0% | ¥61.22 | ¥2.4bn |
Indicators
Computed by us from filings · fiscal year to 2025-12-31| Metric | Value | Percentile among listed companies |
|---|---|---|
| ROE, % | 25.7 | 93.1 |
| Ordinary margin | 0.0899 | 62.6 |
| Equity ratio, % | 44.4 | 33.4 |
| Revenue growth | -0.084 | 7.8 |
| Net income growth | 0.1326 | 50.1 |
| Operating cash flow / assets | 0.0344 | 30.7 |
Results wording balance: +0.50. Proprietary text method; it describes the wording only and does not interpret context.
Interest example: if all ¥6.2bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥31m, 3.4% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.
Via /v1/companies/8929/indicators. Descriptive figures, not a rating and not investment advice.
From other filings
As the company states themSegments, votes and tender offers
Stated in EDINET filings/v1/companies/8929/votingOwnership changes
All companies →- 2026-09-30
Asset Value Investors Limited cut holdings in Aoyama Zaisan Networks Company,Limited (8929) to 2.92% from 5.08%, below the 5% threshold.
- 2026-09-24
Asset Value Investors Limited reduced holdings in Aoyama Zaisan Networks Company,Limited (8929) to 5.08% from 6.12%.
- 2026-08-06
Asset Value Investors Limited reduced holdings in Aoyama Zaisan Networks Company,Limited (8929) to 6.12% from 7.18%.
- 2026-06-09
Asset Value Investors Limited reduced holdings in Aoyama Zaisan Networks Company,Limited (8929) to 7.18% from 8.21%.
- 2026-05-22
Asset Management One Co., Ltd. disclosed a 5.26% stake in Aoyama Zaisan Networks Company,Limited (8929), crossing the 5% reporting threshold.
- 2026-02-03
MIRI Capital Management LLC cut holdings in Aoyama Zaisan Networks Company,Limited (8929) to 4.16% from 5.17%, below the 5% threshold.
- 2025-12-17
MIRI Capital Management LLC reduced holdings in Aoyama Zaisan Networks Company,Limited (8929) to 5.17% from 6.17%.
- 2025-11-12
Asset Value Investors Limited raised holdings in Aoyama Zaisan Networks Company,Limited (8929) to 8.21% from 7.19%.
- 2025-03-14
Asset Value Investors Limited raised holdings in Aoyama Zaisan Networks Company,Limited (8929) to 7.19% from 6.15%.
- 2024-12-16
MIRI Capital Management LLC raised holdings in Aoyama Zaisan Networks Company,Limited (8929) to 6.17% from 5.01%.
Trades by 5% holders
From the 60-day trade tables in 5% reports| Holder | Period | Net shares | Net % of shares | Avg. filed price | Range |
|---|---|---|---|---|---|
| Asset Value Investors Limited | 2024-04-17 – 2026-09-18 | +412,912 | +1.78pt | ¥1,462.54 | ¥1,233–2,057 |
| MIRI Capital Management LLC | 2024-10-24 – 2026-01-27 | +404,100 | +1.71pt | — | — |
| Hibiki Path Advisors Pte. Ltd. | 2022-01-04 – 2022-03-18 | -355,600 | −1.43pt | ¥1,233.14 | ¥1,230–1,237 |
| ACG Management Pte, Ltd. | 2021-09-21 – 2021-12-13 | +502,400 | +2.06pt | — | — |
Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/8929/trades.
5% filings
Large shareholding reports on 8929| Filed | Filer | Stake | Change | Stated purpose |
|---|---|---|---|---|
| 2026-09-30 | Asset Value Investors Limited | 2.92% | −2.16pt | may make proposals pure investment |
| 2026-09-24 | Asset Value Investors Limited | 5.08% | −1.04pt | may make proposals pure investment |
| 2026-08-06 | Asset Value Investors Limited | 6.12% | −1.06pt | may make proposals pure investment |
| 2026-06-09 | Asset Value Investors Limited | 7.18% | −1.03pt | may make proposals pure investment |
| 2026-05-22 | Asset Management One Co., Ltd. | 5.26% | — | — |
| 2026-02-03 | MIRI Capital Management LLC | 4.16% | −1.01pt | may make proposals |
| 2025-12-17 | MIRI Capital Management LLC | 5.17% | −1.00pt | may make proposals |
| 2025-11-12 | Asset Value Investors Limited | 8.21% | +1.02pt | may make proposals pure investment |
| 2025-03-14 | Asset Value Investors Limited | 7.19% | +1.04pt | may make proposals pure investment |
| 2024-12-16 | MIRI Capital Management LLC | 6.17% | +1.16pt | may make proposals |
Cross-shareholdings
From the annual report's status of shareholdings- Listed strategic holdings
- 3 issues
- Book value
- ¥1.4bn
- Sold in the year
- — — issues
- Bought in the year
- — — issues
- Mutual, both reports
- 2
- Held by listed cos.
- 6
| Holds | Book value | Shares vs. prior year | Mutual |
|---|---|---|---|
| UKAI CO.,LTD. 7621 | ¥676m | 0.0% | no |
| The Keiyo Bank, Ltd. 8544 | ¥671m | 0.0% | both reports |
| YAMADA SERVICER SYNTHETIC OFFICE 4351 | ¥71m | 0.0% | both reports |
Held by: Nihon M&A Center Holdings Inc. 2127, Capital Asset Planning, Inc. 3965, The Keiyo Bank, Ltd. 8544, YAMADA SERVICER SYNTHETIC OFFICE 4351, KagayakiHoldings,Inc. 624A, Arealink Co.,Ltd. 8914
Purposes, all holdings and mutual flags via /v1/companies/8929/cross-holdings. Share changes include stock splits.
Major shareholders
As of fiscal year end 2025-12-31| Shareholder | Shares | Ratio |
|---|---|---|
| individual holder | 2,541,505 | 10.61% |
| AVI JAPAN OPPORTUNITY TRUST PLC | 1,779,100 | 7.42% |
| individual holder | 1,183,400 | 4.94% |
| 株式会社日本Ｍ＆Ａセンター | 1,000,000 | 4.17% |
| MSIP CLIENT SECURITIES | 638,000 | 2.66% |
| 株式会社日本カストディ銀行（年金信託口） | 571,000 | 2.38% |
| 株式会社キャピタル・アセット・プランニング | 400,000 | 1.67% |
| 青山財産ネットワークス社員持株会 | 362,700 | 1.51% |
| 株式会社チェスター財産コンサルタンツ | 300,000 | 1.25% |
| 株式会社チェスターマネジメント | 300,000 | 1.25% |
U.S. funds holding 8929
SEC Form N-PORT, reports to 2026-07-3120 U.S. funds held 347,900 shares worth $2.8m.
| Fund | Shares | Value | % of fund | As of |
|---|---|---|---|---|
| THE JAPANESE SMALL COMPANY SERIES DFA INVESTMENT TRUST CO | 98,600 | $0.8m | 0.020% | 2026-07-31 |
| INTERNATIONAL CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 81,800 | $0.7m | 0.002% | 2026-07-31 |
| VANGUARD INTERNATIONAL DIVIDEND APPRECIATION INDEX FUND VANGUARD WHITEHALL FUNDS | 33,100 | $0.3m | 0.003% | 2026-07-31 |
| International Vector Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 21,200 | $0.2m | 0.004% | 2026-07-31 |
| Dimensional International Core Equity 2 ETF Dimensional ETF Trust | 16,700 | $0.1m | 0.001% | 2026-07-31 |
Up to 25 funds per stock via the API.
Get this as JSON
GET /v1/companies/8929
GET /v1/companies/8929/financials
GET /v1/companies/8929/details
GET /v1/companies/8929/segments
GET /v1/companies/8929/voting
GET /v1/companies/8929/tender-offers
GET /v1/companies/8929/indicators
GET /v1/companies/8929/earnings-releases
GET /v1/events?ticker=8929
GET /v1/companies/8929/trades
GET /v1/companies/8929/cross-holdings
GET /v1/companies/8929/brief