Added to YB: 2026-06-22
Pitch date: 2026-06-19
7378.T [neutral]
ASIRO Inc.
Author Info
JII Compounders writes about Japanese compounders, IR, capital allocation, and the gap between how companies explain themselves and how investors actually hear them. Sign up for the newsletter.
Company Info
ASIRO Inc., together with its subsidiaries, operates media sites for various legal services in Japan.
Market Cap
JPY 10.5B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.66
P/E
12.59
EV/Sales
1.30
Sector
Professional Services
Category
value
JII Compounders #16: ASIRO 7378
7378.T (overview): Japanese legal-media co (Bennavi), ¥10.5B mcap, 5.9x fwd EV/EBIT, 21% op margin, 38% ROE, 40%+ 5yr rev CAGR. Regulated oligopoly (hiben rules ban pay-per-lead, recurring flat fees). 'Slowdown' is one cut product; core grew 19-22% H1. AVI activist at 35%, raised payout 30%→40%+, ¥500M buyback. Bear cases (AI search, urban density) miss core. FY2027 plan key catalyst.
Read full article (6 min)