Annuncio • May 30
JAC Recruitment Co., Ltd. to Report Q2, 2026 Results on Aug 12, 2026 JAC Recruitment Co., Ltd. announced that they will report Q2, 2026 results on Aug 12, 2026 Reported Earnings • May 15
First quarter 2026 earnings released: EPS: JP¥18.96 (vs JP¥14.77 in 1Q 2025) First quarter 2026 results: EPS: JP¥18.96 (up from JP¥14.77 in 1Q 2025). Revenue: JP¥13.5b (up 15% from 1Q 2025). Net income: JP¥3.00b (up 28% from 1Q 2025). Profit margin: 22% (up from 20% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year. Reported Earnings • Feb 14
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: JP¥52.98 (up from JP¥35.22 in FY 2024). Revenue: JP¥46.1b (up 18% from FY 2024). Net income: JP¥8.40b (up 50% from FY 2024). Profit margin: 18% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 20% per year. Annuncio • Feb 13
JAC Recruitment Co., Ltd., Annual General Meeting, Mar 26, 2026 JAC Recruitment Co., Ltd., Annual General Meeting, Mar 26, 2026. Buy Or Sell Opportunity • Jan 20
Now 20% undervalued Over the last 90 days, the stock has risen 1.4% to JP¥1,049. The fair value is estimated to be JP¥1,312, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Buy Or Sell Opportunity • Jan 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.5% to JP¥1,033. The fair value is estimated to be JP¥1,322, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥36.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 30 March 2026. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.1%). Buy Or Sell Opportunity • Dec 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.9% to JP¥1,061. The fair value is estimated to be JP¥1,333, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 40% in 2 years. Earnings are forecast to grow by 54% in the next 2 years. Annuncio • Dec 03
JAC Recruitment Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026 JAC Recruitment Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026 Buy Or Sell Opportunity • Nov 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.6% to JP¥1,057. The fair value is estimated to be JP¥1,327, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 40% in 2 years. Earnings are forecast to grow by 53% in the next 2 years. Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: JP¥17.29 (vs JP¥12.45 in 3Q 2024) Third quarter 2025 results: EPS: JP¥17.29 (up from JP¥12.45 in 3Q 2024). Revenue: JP¥12.1b (up 17% from 3Q 2024). Net income: JP¥2.75b (up 38% from 3Q 2024). Profit margin: 23% (up from 19% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Sep 01
JAC Recruitment Co., Ltd. to Report Q3, 2025 Results on Nov 12, 2025 JAC Recruitment Co., Ltd. announced that they will report Q3, 2025 results on Nov 12, 2025 Declared Dividend • Aug 14
Dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 29th December 2025 Payment date: 30th March 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 81% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: JP¥12.18 (vs JP¥8.57 in 2Q 2024) Second quarter 2025 results: EPS: JP¥12.18 (up from JP¥8.57 in 2Q 2024). Revenue: JP¥11.5b (up 20% from 2Q 2024). Net income: JP¥1.93b (up 41% from 2Q 2024). Profit margin: 17% (up from 14% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jul 13
Jac Recruitment Co., Ltd. Announces Management Changes JAC Recruitment Co., Ltd. announced that at an extraordinary board meeting held 11 July 2025, it was resolved to recommend the resignation of executive director, Toshihiko Okino. Details are as follows. Reasons for recommendation to resign; The company have received reports of harassment against employees by executive director, Toshihiko Okino (hereinafter referred to as `Mr. Okino'). In response, company immediately began taking action, conducting an investigation led by the Audit and Supervisory Committee, as well as promptly commissioning an investigation by an external law firm. As a result, company confirmed that acts of harassment against employees had occurred and that his words and actions had harmed the working environment of his colleagues. The Independent Directors' Committee and the Board of Directors discussed and determined that he lacks the high ethical standards required in order to continue serving as an executive director from the perspective of properly fulfilling the company's appropriate duty of care and duty to consider the working environment. Based on the above, at the extraordinary Board of Directors' meeting held, all executive directors present except Mr. Okino unanimously resolved to recommend his resignation. The company also announced that the responsibilities of the following executive directors will be added as follows. Hiroki Yamada; Current position Executive Director Head of Sales Newly added responsibilities Human Resource and General Affairs. Stephen Blundell Current position; Executive Director Head of Global Business Headquarters Newly added responsibilities Accounting & Finance, Corporate Communications & Investor Relations, IT, Compliance, Internal Control and Business Support. Annuncio • Jun 05
JAC Recruitment Co., Ltd. to Report Q2, 2025 Results on Aug 12, 2025 JAC Recruitment Co., Ltd. announced that they will report Q2, 2025 results on Aug 12, 2025 Reported Earnings • May 19
First quarter 2025 earnings released: EPS: JP¥14.77 (vs JP¥9.41 in 1Q 2024) First quarter 2025 results: EPS: JP¥14.77 (up from JP¥9.41 in 1Q 2024). Revenue: JP¥11.8b (up 24% from 1Q 2024). Net income: JP¥2.34b (up 56% from 1Q 2024). Profit margin: 20% (up from 16% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Mar 04
JAC Recruitment Co., Ltd. to Report Q1, 2025 Results on May 14, 2025 JAC Recruitment Co., Ltd. announced that they will report Q1, 2025 results on May 14, 2025 Price Target Changed • Feb 27
Price target increased by 10% to JP¥950 Up from JP¥860, the current price target is provided by 1 analyst. New target price is 22% above last closing price of JP¥777. Stock is up 1.3% over the past year. The company is forecast to post earnings per share of JP¥47.70 for next year compared to JP¥35.22 last year. Reported Earnings • Feb 14
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: JP¥35.22 (down from JP¥37.42 in FY 2023). Revenue: JP¥39.2b (up 14% from FY 2023). Net income: JP¥5.61b (down 6.1% from FY 2023). Profit margin: 14% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.5%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥765, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Professional Services industry in Japan. Total returns to shareholders of 94% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,014 per share. Annuncio • Feb 12
JAC Recruitment Co., Ltd., Annual General Meeting, Mar 27, 2025 JAC Recruitment Co., Ltd., Annual General Meeting, Mar 27, 2025. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.9%). Annuncio • Dec 04
JAC Recruitment Co., Ltd. to Report Fiscal Year 2024 Results on Feb 12, 2025 JAC Recruitment Co., Ltd. announced that they will report fiscal year 2024 results at 3:00 PM, Tokyo Standard Time on Feb 12, 2025 Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: JP¥12.45 (vs JP¥11.92 in 3Q 2023) Third quarter 2024 results: EPS: JP¥12.45 (up from JP¥11.92 in 3Q 2023). Revenue: JP¥10.4b (up 13% from 3Q 2023). Net income: JP¥1.99b (up 4.4% from 3Q 2023). Profit margin: 19% (down from 21% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Annuncio • Aug 28
JAC Recruitment Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024 JAC Recruitment Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024 Major Estimate Revision • Aug 27
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥39.4b to JP¥38.9b. EPS estimate also fell from JP¥42.53 per share to JP¥38.16 per share. Net income forecast to grow 16% next year vs 13% growth forecast for Professional Services industry in Japan. Consensus price target broadly unchanged at JP¥860. Share price rose 6.3% to JP¥746 over the past week. Annuncio • Aug 12
JAC Recruitment Co., Ltd. (TSE:2124) announces an Equity Buyback for 2,000,000 shares, representing 1.25% for ¥2,000 million. JAC Recruitment Co., Ltd. (TSE:2124) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 1.25% for ¥2,000 million. The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment, improve capital efficiency, and increase shareholder returns. The repurchase program will expire on September 30, 2024. As of June 30, 2024, the company had 160,133,532 shares in issue and 5,423,668 shares in treasury. Declared Dividend • Aug 12
Dividend of JP¥26.00 announced Shareholders will receive a dividend of JP¥26.00. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 3.8%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Aug 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: JP¥9.41 (vs JP¥9.25 in 1Q 2023) First quarter 2024 results: EPS: JP¥9.41 (up from JP¥9.25 in 1Q 2023). Revenue: JP¥9.55b (up 9.2% from 1Q 2023). Net income: JP¥1.50b (up 1.1% from 1Q 2023). Profit margin: 16% (down from 17% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 29
JAC Recruitment Co., Ltd. to Report Q1, 2024 Results on May 15, 2024 JAC Recruitment Co., Ltd. announced that they will report Q1, 2024 results on May 15, 2024 Reported Earnings • Feb 16
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥150 (up from JP¥31.14 in FY 2022). Revenue: JP¥34.5b (up 13% from FY 2022). Net income: JP¥5.98b (up 19% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.5%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 14
JAC Recruitment Co., Ltd., Annual General Meeting, Mar 27, 2024 JAC Recruitment Co., Ltd., Annual General Meeting, Mar 27, 2024. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥90.00 per share at 3.4% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 29 March 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.2%). Annuncio • Dec 05
JAC Recruitment Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024 JAC Recruitment Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024 Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: JP¥47.69 (vs JP¥38.26 in 3Q 2022) Third quarter 2023 results: EPS: JP¥47.69 (up from JP¥38.26 in 3Q 2022). Revenue: JP¥9.25b (up 14% from 3Q 2022). Net income: JP¥1.90b (up 23% from 3Q 2022). Profit margin: 21% (up from 19% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 27
JAC Recruitment Co., Ltd. to Report Q3, 2023 Results on Nov 13, 2023 JAC Recruitment Co., Ltd. announced that they will report Q3, 2023 results on Nov 13, 2023 Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: JP¥38.49 (vs JP¥27.07 in 2Q 2022) Second quarter 2023 results: EPS: JP¥38.49 (up from JP¥27.07 in 2Q 2022). Revenue: JP¥8.50b (up 16% from 2Q 2022). Net income: JP¥1.54b (up 40% from 2Q 2022). Profit margin: 18% (up from 15% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 29% per year. Annuncio • May 28
JAC Recruitment Co., Ltd. to Report Q2, 2023 Results on Aug 10, 2023 JAC Recruitment Co., Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023 Reported Earnings • May 20
First quarter 2023 earnings released: EPS: JP¥37.00 (vs JP¥40.58 in 1Q 2022) First quarter 2023 results: EPS: JP¥37.00 (down from JP¥40.58 in 1Q 2022). Revenue: JP¥8.75b (up 17% from 1Q 2022). Net income: JP¥1.49b (down 9.3% from 1Q 2022). Profit margin: 17% (down from 22% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 20% per year. Board Change • Apr 15
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Head of Administration, CFO, CHRO & Director Toshihiko Okino was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 31
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥125 (up from JP¥96.02 in FY 2021). Revenue: JP¥30.4b (up 23% from FY 2021). Net income: JP¥5.03b (up 30% from FY 2021). Profit margin: 17% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 14
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥125 (up from JP¥96.02 in FY 2021). Revenue: JP¥30.4b (up 23% from FY 2021). Net income: JP¥5.03b (up 30% from FY 2021). Profit margin: 17% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 13
JAC Recruitment Co., Ltd., Annual General Meeting, Mar 28, 2023 JAC Recruitment Co., Ltd., Annual General Meeting, Mar 28, 2023. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 27 March 2023. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Annuncio • Dec 06
JAC Recruitment Co., Ltd. to Report Fiscal Year 2022 Results on Feb 13, 2023 JAC Recruitment Co., Ltd. announced that they will report fiscal year 2022 results on Feb 13, 2023 Price Target Changed • Nov 16
Price target increased to JP¥2,585 Up from JP¥2,385, the current price target is an average from 2 analysts. New target price is 9.0% above last closing price of JP¥2,372. Stock is up 6.1% over the past year. The company is forecast to post earnings per share of JP¥121 for next year compared to JP¥96.02 last year. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent External Director Hisashi Ito was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: JP¥38.26 (vs JP¥29.31 in 3Q 2021) Third quarter 2022 results: EPS: JP¥38.26 (up from JP¥29.31 in 3Q 2021). Revenue: JP¥8.09b (up 22% from 3Q 2021). Net income: JP¥1.55b (up 31% from 3Q 2021). Profit margin: 19% (up from 18% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. Annuncio • Aug 30
JAC Recruitment Co., Ltd. to Report Q3, 2022 Results on Nov 11, 2022 JAC Recruitment Co., Ltd. announced that they will report Q3, 2022 results on Nov 11, 2022 Price Target Changed • Aug 20
Price target increased to JP¥2,585 Up from JP¥2,385, the current price target is an average from 3 analysts. New target price is 36% above last closing price of JP¥1,898. Stock is up 12% over the past year. The company is forecast to post earnings per share of JP¥113 for next year compared to JP¥96.02 last year. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: JP¥27.07 (vs JP¥24.77 in 2Q 2021) Second quarter 2022 results: EPS: JP¥27.07 (up from JP¥24.77 in 2Q 2021). Revenue: JP¥7.35b (up 22% from 2Q 2021). Net income: JP¥1.09b (up 9.1% from 2Q 2021). Profit margin: 15% (down from 17% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 16% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat. Annuncio • May 29
JAC Recruitment Co., Ltd. to Report Q2, 2022 Results on Aug 10, 2022 JAC Recruitment Co., Ltd. announced that they will report Q2, 2022 results on Aug 10, 2022 Reported Earnings • May 16
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: JP¥40.58 (up from JP¥29.58 in 1Q 2021). Revenue: JP¥7.47b (up 26% from 1Q 2021). Net income: JP¥1.64b (up 37% from 1Q 2021). Profit margin: 22% (up from 20% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 12% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Price Target Changed • Apr 27
Price target decreased to JP¥2,400 Down from JP¥2,630, the current price target is an average from 2 analysts. New target price is 32% above last closing price of JP¥1,815. Stock is up 4.4% over the past year. The company is forecast to post earnings per share of JP¥111 for next year compared to JP¥96.02 last year. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent External Director Hisashi Ito was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Mar 01
Price target decreased to JP¥2,430 Down from JP¥2,630, the current price target is an average from 2 analysts. New target price is 30% above last closing price of JP¥1,863. Stock is up 13% over the past year. The company is forecast to post earnings per share of JP¥111 for next year compared to JP¥96.02 last year. Annuncio • Feb 27
JAC Recruitment Co., Ltd. to Report Q1, 2022 Results on May 13, 2022 JAC Recruitment Co., Ltd. announced that they will report Q1, 2022 results on May 13, 2022 Reported Earnings • Feb 20
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: JP¥96.02 (up from JP¥44.71 in FY 2020). Revenue: JP¥24.9b (up 15% from FY 2020). Net income: JP¥3.88b (up 112% from FY 2020). Profit margin: 16% (up from 8.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 11% per year. Annuncio • Feb 17
JAC Recruitment Co., Ltd., Annual General Meeting, Mar 24, 2022 JAC Recruitment Co., Ltd., Annual General Meeting, Mar 24, 2022. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥73.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 March 2022. Payout ratio and cash payout ratio are on the higher end at 84% and 90% respectively. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (0.7%). Price Target Changed • Nov 18
Price target increased to JP¥2,630 Up from JP¥2,245, the current price target is an average from 3 analysts. New target price is 17% above last closing price of JP¥2,241. Stock is up 30% over the past year. The company is forecast to post earnings per share of JP¥96.66 for next year compared to JP¥44.71 last year. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS JP¥29.31 (vs JP¥17.83 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥6.62b (up 34% from 3Q 2020). Net income: JP¥1.18b (up 62% from 3Q 2020). Profit margin: 18% (up from 15% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥2,100, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 26x in the Professional Services industry in Japan. Total loss to shareholders of 5.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,292 per share. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS JP¥24.77 (vs JP¥15.93 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥6.01b (up 6.8% from 2Q 2020). Net income: JP¥1.00b (up JP¥1.66b from 2Q 2020). Profit margin: 17% (up from net loss in 2Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Price Target Changed • Jun 16
Price target increased to JP¥2,195 Up from JP¥1,955, the current price target is an average from 3 analysts. New target price is 24% above last closing price of JP¥1,777. Stock is up 49% over the past year. Reported Earnings • May 18
First quarter 2021 earnings released: EPS JP¥29.58 (vs JP¥31.35 in 1Q 2020) The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: JP¥5.94b (down 7.4% from 1Q 2020). Net income: JP¥1.20b (down 6.5% from 1Q 2020). Profit margin: 20% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS JP¥44.71 (vs JP¥107 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥21.6b (down 11% from FY 2019). Net income: JP¥1.83b (down 58% from FY 2019). Profit margin: 8.5% (down from 18% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year. Analyst Estimate Surprise Post Earnings • Feb 14
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 0.05%. Earnings per share (EPS) missed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 2.7%, compared to a 5.5% growth forecast for the Professional Services industry in Japan. Reported Earnings • Feb 14
Full year 2020 earnings released: EPS JP¥44.71 (vs JP¥107 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥21.6b (down 11% from FY 2019). Net income: JP¥1.83b (down 58% from FY 2019). Profit margin: 8.5% (down from 18% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Annuncio • Feb 13
JAC Recruitment Co., Ltd., Annual General Meeting, Mar 24, 2021 JAC Recruitment Co., Ltd., Annual General Meeting, Mar 24, 2021. 