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Adways Inc. (2489.T)

JPY312.00 +1.00 (+0.32%)
JP JPX Communication Services Internet Content & Information
Address Sumitomo Fudousan Shinjuku Grand Tower 160-6138
Tokyo, JP
CEO Sho Yamada
Website adways.net
IPO 2006-06-20
ISIN JP3121970002

Explore sections of this company profile

Description

Adways Inc. offers affiliate advertising services across PC and mobile platforms, in addition to mobile application and content development, with operations spanning Japan, China, Taiwan, the Philippines, and the United States. Its diverse portfolio includes mobile marketing platforms such as Unicorn for comprehensive app marketing, AppDriver for CPI-based mobile advertisements, and Yoyaku Top10 for smartphone app pre-registration. For broader advertising needs, the company provides STROBELIGHTS for performance ad management, Oct-pass for smartphone native advertisements, and web affiliate services like Smart-C and JANet, catering to feature phones, smartphones, and personal computers. Creative support is offered via YACLE, while adna delivers analytics across all device types, and Rewardplus specializes in reward-based advertising for both PC and mobile. Additional specialized tools encompass Dobel for video advertising, MASSIVE for automated banner creation, and Keynet for keyword advertising on Chinese web search engines. Its programmatic ad capabilities feature Blue Bee Box, a DSP trading desk, and Blue Bee Native, a CPM-based native ad network. Beyond its core advertising and development activities, Adways also manages SPOT, an online media platform delivering travel and leisure information through personal experiences, and Leyifan, an international shipping agent facilitating e-commerce for global users. Adways Inc. was established in Tokyo, Japan, in 2001.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY312.00 +1.00 (+0.32%)
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Volume Profile
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Liquidity & share structure
Average Volume
194.0K
Beta
-0.10
Float Shares
17.83M
Free Float %
45.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.75% +1.40% +3.57% +0.00% -2.36% +10.69% -5.23% -58.45% -63.29% -61.07% -49.30%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
312.00
DCF (Unlevered) 405.58 +30.0%
DCF (Levered) 388.94 +24.7%

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.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.29
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Internet Content & Information: +9.7%
    -3.7% Q1'26: +4.6% (vs Q1'25)
  • EPS growth Internet Content & Information: +26.9%
    +153.4% Q1'26: +99.8% (vs Q1'25)
  • FCF margin FCF growth · Internet Content & Information: +23.2%
    -2.6% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Internet Content & Information: +12.7%
    +2.4% Q1'26: +16.4% (vs Q1'25)
  • ROIC Internet Content & Information: +7.3%
    +4.4% Q1'26: +36.1% (vs Q1'25)
  • Share dilution Internet Content & Information: +0.3%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Internet Content & Information: -1.09×
    0.00× Q1'26: 0.00× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* 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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.09) × ERP
WACC = 100% × Ke + 0% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 403.24 Current price: 312.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2014
actual
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
35.89B
est: 35.33B (+1.6%)
39.61B
est: 38.26B (+3.5%)
42.33B
est: 42.40B (-0.2%)
41.50B
est: 44.75B (-7.2%)
41.86B
est: 45.88B (-8.8%)
37.30B
est: 47.04B (-20.7%)
49.02B
est: 47.50B (+3.2%)
12.93B
est: 9.20B (+40.5%)
13.42B
est: 14.00B (-4.2%)
13.52B
est: 13.50B (+0.2%)
12.68B
est: 14.20B (-10.7%)
12.22B
est: 14.80B (-17.4%)
15.50B
15.50B – 15.50B
+4.7% YoY
16.20B
16.20B – 16.20B
+4.5% YoY
16.80B
16.80B – 16.80B
+3.7% YoY
EBITDA
1.30B
est: 2.17B (-40.2%)
845.88M
est: 2.35B (-64.0%)
499.63M
est: 2.60B (-80.8%)
435.46M
est: 2.75B (-84.2%)
1.02B
est: 2.82B (-63.8%)
359.24M
est: 2.89B (-87.6%)
1.65B
est: 2.92B (-43.6%)
1.94B
est: 565.27M (+243.6%)
1.43B
est: 860.19M (+66.1%)
1.15B
est: 829.47M (+38.7%)
402.47M
est: 1.17B (-65.5%)
449.97M
est: 1.21B (-62.9%)
1.27B
1.27B – 1.27B
+4.7% YoY
1.33B
1.33B – 1.33B
+4.5% YoY
1.38B
1.38B – 1.38B
+3.7% YoY
EBIT
1.10B
est: 2.84B (-61.3%)
687.54M
est: 3.08B (-77.7%)
294.08M
est: 3.41B (-91.4%)
254.57M
est: 3.60B (-92.9%)
852.66M
est: 3.69B (-76.9%)
199.12M
est: 3.78B (-94.7%)
est: 3.82B (-100.0%)
1.73B
est: 740.23M (+133.6%)
1.18B
est: 1.13B (+5.0%)
921.54M
est: 1.09B (-15.2%)
166.39M
est: 929.88M (-82.1%)
297.23M
est: 969.17M (-69.3%)
1.02B
1.02B – 1.02B
+4.7% YoY
1.06B
1.06B – 1.06B
+4.5% YoY
1.10B
1.10B – 1.10B
+3.7% YoY
Net Income
686.50M
est: 588.41M (+16.7%)
145.66M
est: 132.93M (+9.6%)
-450.83M
est: -242.40M (-86.0%)
9.98M
est: 273.68M (-96.4%)
738.76M
est: 371.42M (+98.9%)
164.72M
est: 336.23M (-51.0%)
1.42B
est: 938.32M (+51.6%)
1.37B
est: 969.60M (+41.5%)
2.54B
est: 1.36B (+87.0%)
966.14M
est: 766.30M (+26.1%)
-473.46M
est: 578.42M (-181.9%)
252.90M
est: 1.10B (-77.0%)
1.50B
1.50B – 1.50B
+36.7% YoY
1.90B
1.90B – 1.90B
+26.6% YoY
2.35B
2.35B – 2.35B
+23.7% YoY
SGA
5.51B
est: 5.85B (-5.8%)
6.30B
est: 6.34B (-0.6%)
6.90B
est: 7.02B (-1.7%)
6.73B
est: 7.41B (-9.2%)
6.16B
est: 7.60B (-18.9%)
6.27B
est: 7.79B (-19.5%)
7.14B
est: 7.87B (-9.3%)
8.83B
est: 1.52B (+479.1%)
9.57B
est: 2.32B (+312.6%)
9.94B
est: 2.24B (+344.4%)
10.14B
est: 10.60B (-4.3%)
9.80B
est: 11.05B (-11.3%)
11.57B
11.57B – 11.57B
+4.7% YoY
12.09B
12.09B – 12.09B
+4.5% YoY
12.54B
12.54B – 12.54B
+3.7% YoY
EPS
16.81
est: 15.05 (+11.7%)
3.51
est: 3.40 (+3.2%)
-11.11
est: -6.20 (-79.2%)
0.26
est: 7.00 (-96.3%)
19.06
est: 9.50 (+100.6%)
4.16
est: 8.60 (-51.6%)
34.46
est: 24.00 (+43.6%)
35.38
est: 24.80 (+42.7%)
63.49
est: 34.70 (+83.0%)
25.07
est: 19.60 (+27.9%)
-12.11
est: 14.80 (-181.8%)
6.47
est: 28.10 (-77.0%)
38.40
38.40 – 38.40
+36.7% YoY
48.60
48.60 – 48.60
+26.6% YoY
60.10
60.10 – 60.10
+23.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 B- 3/5 4/5 2/5 3/5 1/5 1/5 4/5
2026-05-01 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-30 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-28 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-27 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-24 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-23 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-22 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-21 B- 3/5 3/5 2/5 4/5 1/5 1/5 4/5
2026-04-20 B- 3/5 3/5 2/5 4/5 1/5 1/5 4/5
2026-04-17 B- 3/5 3/5 2/5 4/5 1/5 1/5 4/5
2026-04-16 B- 3/5 3/5 2/5 4/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-23.98M
OE per share TTM
-0.61
Owner's Yield
-0.21%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
3.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares Core TOPIX ETF 1475.T 0.00% 143.5K 0.05%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
285.5K
Shares Outstanding
39.08M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Daisuke Naka Executive Officer of Agency Business male
Haruhisa Okamura Executive Chairman male
Shingo Kano Agency Business Manager & Director male
Sho Yamada President, Chief Executive Officer & Director male
Takamasa Tamura Senior Executive officer of Ad Platform Business male
Yoichi Tanaka Senior Executive officer of Corporate Management male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits