JapanStake
Real Estate · Fiscal year end Dec 31

ASIAN STAR CO.

8946

株式会社ASIAN STAR

FIGI BBG000J2P2G58946.T8946 JPCorp. no. 3020001016255

Latest half-year results

First half · fiscal year to 2026-12 · filed 2026-08-13

For the first half of the fiscal year to 2026-12: Revenue ¥1.7 billion (+18.3% YoY), Ordinary income ¥-0.3 billion, Net income ¥-0.3 billion.

This periodYear on year
Revenue¥1.7bn+18.3%
Ordinary profit−¥260m—
Net profit to owners−¥262m—

From the securities report on EDINET, which states no forecast. History via /v1/companies/8946/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2025-12-31
Revenue
¥4.5bn
Net income
¥113m
ROE
5.0%
Equity ratio
58.3%
Dividend / share
—
Employees
76
Revenue · ¥bn
FY2021: ¥2.5bn 2.54 FY2021FY2022: ¥2.5bn 2.49 FY2022FY2023: ¥2.1bn 2.13 FY2023FY2024: ¥3.4bn 3.35 FY2024FY2025: ¥4.5bn 4.54 FY2025
Net income · ¥m
FY2021: −¥22m -21.5 FY2021FY2022: ¥55m 55.4 FY2022FY2023: ¥41m 40.9 FY2023FY2024: ¥18m 18.5 FY2024FY2025: ¥113m 113 FY2025
Fiscal yearRevenueNet incomeTotal assetsNet assetsROEEPSOperating CF
2025-12-31¥4,541m¥113m¥4,023m¥2,353m5.0%¥4.77−¥205m
2024-12-31¥3,352m¥18m¥3,330m¥2,286m0.8%¥0.78¥568m
2023-12-31¥2,126m¥41m¥3,616m¥2,162m2.1%¥1.94¥146m
2022-12-31¥2,490m¥55m¥3,130m¥1,701m3.3%¥2.88¥455m
2021-12-31¥2,543m−¥22m¥3,062m¥1,632m—¥-1.12¥121m

Indicators

Computed by us from filings · fiscal year to 2025-12-31
MetricValuePercentile among listed companies
ROE, %524.7
Ordinary margin0.040731.6
Equity ratio, %58.354.8
Revenue growth0.354995.3
Net income growth5.120897.8
Operating cash flow / assets-0.05097.7
Policy-uncertainty measure0.69 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.
Politics & geopolitics 1
Ownership activity 0 filer(s) stated they may make proposals in 365 days; 2 new 5% holder(s) in 180 days; net stake change 0.00pt in 90 days; 0.0% held by other listed companies.

Results wording balance: +1.00. Proprietary text method; it describes the wording only and does not interpret context.

Interest example: if all ¥822m of reported debt repriced by 50 basis points, a year's interest would rise by ¥4m. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/8946/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them
Internal control, 2026-03-26: see filing 上記の評価の結果、当事業年度末日である2025年12月31日時点において、当社の財務報告に係る内部統制は有効であると判断しております。 Filing
Auditor change, 2026-03-05: see filing 当社の会計監査人で監査法人まほろばは、2026年3月27日開催予定の第47期定時株主総会の終結の時をもって任期満了となります。同監査法人は、上場会社等監査人名簿の登録の拒否の通知を受け、当社はその旨を受けました。 これにより、同監査法人による当社の監査業務の継続が不可能となったため、2025年12月期の監査終了をもって会計監査人が異動することとなりました。 Filing

Segments, votes and tender offers

Stated in EDINET filings
Segments: Sales of Real Estate, Real Estate Management, Real Estate Leasing and Renting, Real Estate Brokerage, Investments. /v1/companies/8946/segments
Latest voting result: 2026-03-27 · 定款一部変更の件 · passed. /v1/companies/8946/voting

Ownership changes

All companies →

Trades by 5% holders

From the 60-day trade tables in 5% reports
¥74¥84¥93 2023-06-082026-07-21 2026-07-21 · bought 3,000,000 @ ¥74 · Hash Global Alpha Company Ltd.2023-06-08 · sold 478,300 @ ¥93 · 思源国際発展有限公司
Bought SoldHover a dot for the trade
HolderPeriodNet sharesNet % of sharesAvg. filed priceRange
Hash Global Alpha Company Ltd.2026-07-21 – 2026-07-21+3,000,000+11.19pt¥74¥74–74
Sterling Oak Investment Company Ltd2026-07-21 – 2026-07-21+1,700,000+5.96pt——
individual filer2025-07-07 – 2025-07-07+700,000+2.86pt——
Pentagram Capital Management株式会社2025-07-07 – 2025-07-07+2,500,000+9.50pt——
individual filer2025-07-07 – 2025-07-07+2,500,000+9.50pt——
思源国際発展有限公司2023-06-08 – 2023-06-08-478,300−2.48pt¥93¥93–93
individual filer2022-07-14 – 2022-07-14-50,000−0.26pt——

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/8946/trades.

5% filings

Large shareholding reports on 8946
FiledFilerStakeChangeStated purpose
2026-07-28Hash Global Alpha Company Ltd.11.19%——
2026-07-28Sterling Oak Investment Company Ltd5.96%—pure investment
2025-07-14individual filer9.50%—pure investment
2025-07-14D&W INTERNATIONAL DEVELOPMENT LIMITED22.85%+1.62pt—
2025-07-14Pentagram Capital Management Co., Ltd.9.50%——
2023-08-07D&W INTERNATIONAL DEVELOPMENT LIMITED21.32%−4.19pt—
2023-08-01SI YUAN INTERNATIONAL DEVELOPMENT LIMITED21.32%−4.19pt—
2023-06-22SI YUAN INTERNATIONAL DEVELOPMENT LIMITED25.47%−2.52pt—
2022-07-28株式会社ASIAN STAR27.95%−0.77pt—
2022-07-21株式会社ASIAN STAR27.95%−0.77pt—

Major shareholders

As of fiscal year end 2025-12-31
ShareholderSharesRatio
D&W INTERNATIONAL DEVELOPMENT LIMITED4,900,00020.65%
KGI ASIA LIMITED-CLIENT ACCOUNT2,868,80012.09%
Boom Securities (H.K.) Limited-Clients'Account1,109,5004.68%
トウカイトウキョウセキュリティーズアジアリミテッド1,026,0004.32%
Futu Securities International (Hong Kong) Limited618,5002.61%
BBH/DBS BANK (HONG KONG) LIMITED A/C 005 NON US497,6002.10%
INTERACTIVE BROKERS LLC493,9002.08%
株式会社SBI証券398,6361.68%
楽天証券株式会社共有口339,9001.43%
株式会社証券ジャパン337,5001.42%

Get this as JSON

GET /v1/companies/8946
GET /v1/companies/8946/financials
GET /v1/companies/8946/details
GET /v1/companies/8946/segments
GET /v1/companies/8946/voting
GET /v1/companies/8946/tender-offers
GET /v1/companies/8946/indicators
GET /v1/companies/8946/earnings-releases
GET /v1/events?ticker=8946
GET /v1/companies/8946/trades         
GET /v1/companies/8946/cross-holdings 
GET /v1/companies/8946/brief          

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