Overview
Information & Communication

AUTOSERVER CO.,LTD.

AUTO SERVER operates 'ASNET,' Japan's largest internet-based used vehicle distribution platform targeting domestic used car dealers, connecting members to 146 auto auction venues (covering 96% of domestic auto auctions) without requiring upfront membership fees or monthly fixed charges. Core services include auction proxy bidding ('AA Nyusatsu,' 'AS Real,' 'AA One Plus') and dealer-to-dealer used car listing ('AS One Plus Service'), which together accounted for 93.0% of revenue in FY2024. As of end-2024, ASNET had 80,613 members (corporate and individual), serving dealers of all sizes from small independents to large used car retailers, with supplementary services including vehicle transport arrangement, used parts e-commerce, and car accessories sales.

Market Cap
US$130M
¥20.7B
EV
US$53.5M
¥8.55B
StockUS$17.85(¥2,850)▼-1.59%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
2.7
x
LTM EV/EBIT
3.2
x
LTM PER
12.3
x
LTM PBR
1.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-5.5%pt
100
Nov 13, 25 – Nov 13, 26StockTOPIX
MC → EV Bridge
US$130M¥20.7BMarket CapUS$14.2M¥2.27B+ DebtUS$90.4M¥14.4B− CashUS$0.00M¥0.00B− Inv. Sec.US$53.5M¥8.55BEV
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Performance & Balance
Revenue 5Y (US$)
US$33.6M¥5.36B'22/12US$36.6M¥5.85B'23/12US$39.4M¥6.29B'24/12US$40.5M¥6.46B'25/12
EBITDA 5Y (US$)
US$13.4M¥2.15B'22/12US$15.5M¥2.47B'23/12US$18.2M¥2.90B'24/12US$17.4M¥2.79B'25/12
Net Income 5Y (US$)
US$7.56M¥1.21B'22/12US$8.15M¥1.30B'23/12US$9.78M¥1.56B'24/12US$9.38M¥1.50B'25/12
Capital Structure
86%
EquityD/E 0.16xDebt
Liquidity vs Debt 5Y (US$)▲ Net Cash
CashInv. Sec.Debt
US$60.0M¥9.58BUS$20.0M¥3.20B'22/12US$74.9M¥12.0BUS$18.2M¥2.90B'23/12US$74.6M¥11.9BUS$14.2M¥2.27B'24/12US$85.3M¥13.6BUS$14.2M¥2.27B'25/12
Shareholders
Top 10 hold 79.4%
1
Asahi Holdings, Inc.
61.33%
2
Hikari Tsushin KK Investment Limited Partnership
6.46%
3
UH Partners 2 Investment Limited Partnership
3.35%
4
Toshihito HAGIWARA
2.84%
5
Noriaki TAKADA
2.07%
6
HIKARI TSUSHIN,INC.
0.99%
7
GOLDMAN SACHS INTERNATIONAL (Standing Proxy: Goldman Sachs Japan Co., Ltd.)
0.87%
8
Kenshi HAMAMOTO
0.67%
9
Hayashi YAMAMOTO
0.44%
10
NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB; Standing Proxy: Nomura Securities Co., Ltd.)
0.43%
Management
6 officers
Toshihito HAGIWARA
Representative Director, Chairman
Mar 1972 Joined Asahi Jidosha Hanbai Co., Ltd. (currently Asahi Tsusho Co., Ltd.) Jan 1978 Director, Asahi Jidosha Hanbai Co., Ltd. Oct 1978 Managing Director, Aichi Hoso Mitsubishi Motors Sales Co., Ltd. (currently Asahi Green Service Co., Ltd.) Jun 1986 Director, Asahi Kaihatsu Co., Ltd. May 1990 Representative Director, Asahi Tsusho Co., Ltd.; Representative Director, Asahi Green Service Co., Ltd.; Representative Director and Executive Vice President, Asahi Kaihatsu Co., Ltd. Jun 1997 Established former Autoserver Co., Ltd.; Representative Director Sep 2005 Director, Asahi Green Service Co., Ltd.; Director, Asahi Tsusho Co., Ltd. Aug 2008 Chairman, former Autoserver Co., Ltd. Oct 2012 Representative Director, AC Energy Co., Ltd. Nov 2015 Representative Director, ASH Co., Ltd. (currently Autoserver Co., Ltd.) Dec 2015 Auditor, Asahi Green Service Co., Ltd. Apr 2016 Representative Director, Asahi Holdings, Inc. (current) Jun 2016 Representative Director, Chairman, the Company (current) Jun 2017 Auditor, Tamada Kogyo Co., Ltd. (currently Tamada Co., Ltd.)
1949-01-20
Noriaki TAKADA
Representative Director, President
Apr 1996 Joined Mitsui Trust Bank, Limited (currently Sumitomo Mitsui Trust Bank, Limited) May 2000 Joined Recruit Avic Co., Ltd. (currently Recruit Career Co., Ltd.) Feb 2001 Established Ability Agent Co., Ltd.; Representative Director Nov 2002 Established Nihon Kankyo Soken Co., Ltd.; Representative Director May 2003 Established Human Relations Consulting Co., Ltd.; Representative Director Jul 2003 Managing Director, I-Pet Co., Ltd. (currently I-Pet Insurance Co., Ltd.) Jul 2010 Representative Director, Lead Japan Co., Ltd. (currently D.F.Q. Co., Ltd.) Jul 2011 Auditor, Sheama Laboratory Co., Ltd. Feb 2012 Director, Sheama Laboratory Co., Ltd. Mar 2012 Director and Executive Vice President, former Autoserver Co., Ltd. Mar 2012 Auditor, A.A.A. Co., Ltd. Aug 2012 Director, Last Resort Co., Ltd. Dec 2012 Director, Last Resort Australia Pty. Ltd. Aug 2014 President, former Autoserver Co., Ltd.; Representative Director Nov 2015 Representative Director, ASH Co., Ltd. (currently Autoserver Co., Ltd.) Jun 2016 Representative Director, President, the Company (current) Aug 2018 Chairman, AUTOSERVER VIETNAM CO., LTD. (current)
1972-06-07
Hayashi YAMAMOTO
Managing Director, General Manager of Administration Division and General Manager of Screening Department
Apr 1967 Joined Toyokawa Shinkin Bank Apr 2009 Joined former Autoserver Co., Ltd.; General Manager, Administration Department Nov 2009 Auditor, A.A.A. Co., Ltd. Aug 2010 General Manager, Administration Division, same company; General Manager, Screening Department, same company Jun 2016 General Manager, Administration Division, the Company (current); General Manager, Screening Department, the Company (current) Jan 2017 General Manager, Accounting and Finance Department, the Company Oct 2017 Director, the Company Aug 2018 Auditor, AUTOSERVER VIETNAM CO., LTD. (current) Mar 2022 Managing Director, the Company (current)
1949-01-29
Hidemiki SAWADA
Director, Full-time Audit and Supervisory Committee Member
Apr 1984 Joined Fujitsu Limited Oct 1999 Joined Ota Showa & Co., Ltd. (currently EY ShinNihon LLC) Apr 2021 Opened Hidemiki Sawada CPA Office (current) Apr 2021 Full-time Director and Audit and Supervisory Committee Member, the Company (current)
1961-03-02
Megumi IKUMA
Director, Audit and Supervisory Committee Member
Dec 2005 Joined Shin Nihon & Co. (currently EY ShinNihon LLC) Jan 2010 Joined Deloitte Touche Tohmatsu LLC Mar 2013 Joined Deloitte Tohmatsu Tax Co. (currently Deloitte Tohmatsu Tax Co.) Nov 2013 Registered as Certified Public Accountant Jan 2016 Opened Megumi Accounting Office (current) Mar 2020 Director and Audit and Supervisory Committee Member, the Company (current) Mar 2023 Auditor, Roland DG Corporation
1978-11-04
Ayako NAKAGAWA
Director, Audit and Supervisory Committee Member
Oct 2003 Passed the National Bar Examination Oct 2005 Registered as Attorney-at-Law; joined Akita Law Office Jan 2009 Joined Shibata Nakagawa Law and Patent Office (current) Sep 2014 Appointed Part-time Judge, Nagoya Family Court Sep 2019 Auditor, Monogatari Corp. (current) Nov 2021 Director and Audit and Supervisory Committee Member, the Company (current) Jun 2023 Auditor, Yume Corporation (current)
1979-06-22
Large Shareholding Reports
Asahi Holdings, Inc.
2026-07-10
66.63%→62.33%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-06-30): 61.33%
Asahi Holdings, Inc.
2026-07-03
66.63%→62.33%
Annual report (as of 2026-06-30): 61.33%
Koutsushin Co., Ltd.
2025-09-29
7.58%→7.53%
Annual report (as of 2026-06-30): 0.99%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-11-11
Forecast Revision
FY ending Dec 2026
TDnet
2026-11-11
Q3 Earnings Flash
FY ending Dec 2026
TDnet
2026-08-10
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-08-10
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
EDINETAmended
2026-07-10
Change Report
EDINET
2026-07-03
Large Shareholding Report
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-24
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2026-02-13
Full-Year Earnings Flash
FY ending Dec 2025
TDnet
2025-11-13
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-09-29
Large Shareholding Report
EDINET
2025-08-08
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-14
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-28
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
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