FAN Communications, Inc. (2461.T)
Tokyo, JP
Established in 1999 and headquartered in Tokyo, Japan, FAN Communications, Inc. is a key player in the Japanese internet advertising sector, offering a broad spectrum of services. The company's primary focus includes a cost-per-action (CPA) ad network, which incorporates both smartphone app installation advertising and affiliate marketing, a field where ad distribution is strategically fine-tuned. It notably operates A8.net, a widely used affiliate service compatible with PCs, smartphones, and tablets. Beyond CPA, FAN Communications also delivers cost-per-click (CPC) solutions, such as the nend smartphone ad network for web and app media, alongside cost-per-install (CPI) advertising services. Furthermore, it functions as an agency, managing advertising placements on third-party platforms, including listing ads, banner ads for major portal sites, and search engine optimization (SEO) initiatives. Diversifying its portfolio, the company maintains several other platforms: docomo Account Cash Get Mall and monoka, both offering cashback on purchases; Colleee, a points-based shopping service; WorkAny, a platform connecting individuals with part-time and side-business opportunities; A8M&A, an end-to-end marketplace for website mergers and acquisitions; ViiBee, a video review application; and GERA, a podcast app.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.24% | -6.00% | -5.79% | -12.24% | -20.49% | -16.40% | -1.40% | +1.20% | +10.44% | -45.70% | -47.45% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Advertising Agencies: +8.1%+1.9% Q1'26: -6.6% (vs Q1'25)
-
EPS growth Advertising Agencies: +38.8%-7.9% Q1'26: -72.3% (vs Q1'25)
-
FCF margin FCF growth · Advertising Agencies: +39.2%+21.1% Q1'26: +0.0% (vs Q1'25)
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EBIT margin Advertising Agencies: +7.9%+27.7% ★ Q1'26: +15.8% (vs Q1'25)
-
ROIC Advertising Agencies: +6.8%+52.0% ★ Q1'26: +21.1% (vs Q1'25)
-
Share dilution Advertising Agencies: +0.0%+0.1% Q1'26: -0.1% (vs Q1'25)
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Debt / EBITDA Net debt/EBITDA · Advertising Agencies: -1.31×0.00× ★ Q1'26: 0.00× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
35.79B
est: 36.08B (-0.8%)
|
37.52B
est: 37.38B (+0.4%)
|
39.10B
est: 39.40B (-0.8%)
|
35.34B
est: 35.60B (-0.7%)
|
34.20B
est: 34.44B (-0.7%)
|
29.38B
est: 30.90B (-4.9%)
|
26.70B
est: 27.53B (-3.0%)
|
7.74B
est: 15.23B (-49.2%)
|
7.40B
est: 7.04B (+5.1%)
|
6.96B
est: 7.00B (-0.5%)
|
7.10B
est: 6.90B (+2.9%)
|
6.90B
6.90B – 6.90B
+0.0% YoY
|
6.90B
6.90B – 6.90B
+0.0% YoY
|
6.90B
6.90B – 6.90B
+0.0% YoY
|
| EBITDA |
6.27B
est: 7.80B (-19.7%)
|
6.02B
est: 8.08B (-25.6%)
|
6.01B
est: 8.52B (-29.5%)
|
4.58B
est: 7.70B (-40.5%)
|
4.02B
est: 7.45B (-46.0%)
|
3.13B
est: 6.68B (-53.2%)
|
2.52B
est: 5.95B (-57.7%)
|
2.55B
est: 3.29B (-22.7%)
|
2.19B
est: 3.17B (-30.8%)
|
1.78B
est: 3.15B (-43.5%)
|
2.22B
est: 3.11B (-28.6%)
|
3.11B
3.11B – 3.11B
+0.0% YoY
|
3.11B
3.11B – 3.11B
+0.0% YoY
|
3.11B
3.11B – 3.11B
+0.0% YoY
|
| EBIT |
6.11B
est: 7.24B (-15.6%)
|
5.83B
est: 7.50B (-22.4%)
|
5.75B
est: 7.91B (-27.3%)
|
4.21B
est: 7.15B (-41.1%)
|
3.76B
est: 6.91B (-45.7%)
|
2.85B
est: 6.20B (-54.0%)
|
2.32B
est: 5.53B (-58.0%)
|
2.41B
est: 3.06B (-21.3%)
|
2.07B
est: 2.77B (-25.5%)
|
1.60B
est: 2.76B (-42.2%)
|
1.97B
est: 2.72B (-27.8%)
|
2.72B
2.72B – 2.72B
+0.0% YoY
|
2.72B
2.72B – 2.72B
+0.0% YoY
|
2.72B
2.72B – 2.72B
+0.0% YoY
|
| Net Income |
3.95B
est: 3.35B (+18.1%)
|
3.91B
est: 3.35B (+16.9%)
|
4.23B
est: 3.64B (+16.3%)
|
2.55B
est: 2.69B (-5.2%)
|
2.49B
est: 2.28B (+9.1%)
|
1.99B
est: 1.87B (+6.2%)
|
1.64B
est: 1.57B (+4.4%)
|
1.54B
est: 1.71B (-10.3%)
|
1.23B
est: 1.46B (-15.6%)
|
1.42B
est: 1.50B (-5.2%)
|
1.31B
est: 1.00B (+30.7%)
|
1.00B
1.00B – 1.00B
+0.0% YoY
|
1.00B
1.00B – 1.00B
+0.0% YoY
|
1.00B
1.00B – 1.00B
+0.0% YoY
|
| SGA |
4.38B
est: 13.74B (-68.2%)
|
4.20B
est: 14.24B (-70.5%)
|
4.59B
est: 15.01B (-69.4%)
|
4.57B
est: 13.56B (-66.3%)
|
4.23B
est: 13.12B (-67.8%)
|
4.15B
est: 11.77B (-64.7%)
|
3.93B
est: 10.49B (-62.6%)
|
3.69B
est: 5.80B (-36.4%)
|
3.87B
est: 3.31B (+16.7%)
|
4.29B
est: 3.30B (+30.2%)
|
4.20B
est: 3.25B (+29.2%)
|
3.25B
3.25B – 3.25B
+0.0% YoY
|
3.25B
3.25B – 3.25B
+0.0% YoY
|
3.25B
3.25B – 3.25B
+0.0% YoY
|
| EPS |
50.95
est: 50.49 (+0.9%)
|
50.89
est: 50.53 (+0.7%)
|
55.06
est: 54.88 (+0.3%)
|
33.36
est: 40.68 (-18.0%)
|
32.85
est: 34.44 (-4.6%)
|
26.95
est: 28.30 (-4.8%)
|
22.63
est: 23.67 (-4.4%)
|
22.34
est: 25.84 (-13.5%)
|
18.61
est: 22.05 (-15.6%)
|
21.43
est: 22.60 (-5.2%)
|
19.74
est: 15.10 (+30.7%)
|
15.10
15.10 – 15.10
+0.0% YoY
|
15.10
15.10 – 15.10
+0.0% YoY
|
15.10
15.10 – 15.10
+0.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-07 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-01 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-30 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-28 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-27 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-24 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-23 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-22 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-21 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-20 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-17 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-16 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares Core TOPIX ETF 1475.T | 0.00% | 261.9K | 0.05% |
| 2 | Vanguard FTSE All-World ex-US Small-Cap ETF VSS | 0.00% | 189.5K | 0.06% |
| 3 | Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) VI.TO | 0.00% | 5.5K | 0.22% |
| 4 | Vanguard FTSE Developed All Cap ex North America Index ETF VIU.TO | 0.00% | 64.0K | 0.23% |
| 5 | Vanguard FTSE Developed Asia Pacific All Cap Index ETF VA.TO | 0.00% | 1.3K | 0.22% |
| 6 | Vanguard Total International Stock ETF VXUS | 0.00% | 3.09M | 0.05% |
| 7 | Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO | 0.00% | 5.2K | 0.22% |
| 8 | Vanguard FTSE Developed All Cap ex U.S. Index ETF (CAD-hedged) VEF.TO | 0.00% | 1.7K | 0.22% |
| 9 | Vanguard FTSE Developed All Cap ex U.S. Index ETF VDU.TO | 0.00% | 1.1K | 0.22% |
| 10 | Vanguard FTSE Developed Markets ETF VEA | 0.00% | 585.3K | 0.03% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Kenjiro Asami | Operating Officer & Director | — | — |
| Koji Ninomiya | President & Chairman | — | male |
| Masato Kato | Executive Officer, GM of A8 Division, GM of New Development Division, A8 Division & Director | — | male |
| Takashi Yoshinaga | Executive Vice President, Head of Corporate Department, GM of Human Resource Division & Director | — | male |
| Yuichi Kurosaki | Operating Officer | — | — |
| Yuji Yamamoto | Operating Officer | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 2461.T
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Target Price Distribution
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