Asukanet Company,Limited (2438) Stock Price

Market cap
¥6.4B
P/E ratio
22.1x
Asuka Net provides digital photo services including funeral presentation support, on-demand photo books, and innovative aerial imaging technology that creates mid-air displays.

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Business Overview

Asuka Net operates three main business segments.

1. **Funeral Services**: Asuka Net provides funeral-related companies with digital photo retouching, remote printing output, and memorial video production. The company supports funeral presentations and also sells related system equipment and supplies.

2. **Photo Book Business**: The company creates and sells personal photo collections through services such as Asuka Book and My Book. Leveraging on-demand printing technology, it enables photo book production in small quantities, capitalizing on the widespread adoption of digital cameras.

3. **Aerial Display Business**: Asuka Net develops, manufactures, and sells the ASKA3D Plate, which uses aerial imaging technology. This technology creates images in mid-air as a new form of visual expression, and the company is developing products that combine this with signage and sensor applications.

Additionally, Asuka Net's consolidated subsidiary, BET Inc., operates a VTuber talent agency as a new division of the photo book business. This initiative explores new possibilities in digital content.

Management Policy

Askanet aims to inspire the future by exploring new business models through digital technology and its proprietary network systems. The company pursues ultimate customer satisfaction by leveraging IT digital technology and printing expertise to deliver customized services tailored to each customer.

The company's growth strategy focuses on balanced investment across three core business segments. In the Funeral Services business, it is expanding market share in memorial photo processing and promoting "tsunagoo," its IT service. In the Photo Book business, targeting the photo output market, it is increasing brand awareness for "Askabook" for professionals and "Mybook" for general consumers.

In the Aerial Display business, the company is creating new markets by utilizing aerial imaging technology. Particular potential is expected in contactless operation and next-generation signage applications. Through this, Askanet is establishing a new growth engine.

Askanet is adapting to environmental changes in existing businesses while advancing integration with new technologies. It is particularly focused on developing new services using generative AI and XR technology to support customer operational efficiency. Additionally, it is strengthening its internal innovation foundation through innovation education for junior employees.

Improving capital efficiency is recognized as a key priority. The company plans to enhance growth and capital efficiency through share buybacks and effective deployment of cash reserves. Through these measures, Askanet is pursuing sustainable growth.

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