This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsOUTSOURCING（0E1）株式概要株式会社アウトソーシングは、日本、ヨーロッパ、オセアニア、北米、南米、その他のアジア地域において、エンジニアリング、製造、サービス業務のアウトソーシングサービスを提供しています。 詳細0E1 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長4/6過去の実績1/6財務の健全性4/6配当金0/6報酬当社が推定した公正価値より20.6%で取引されている 収益は年間49.15%増加すると予測されています リスク分析多額の負債を抱えている 財務結果に影響を与える大きな一時的項目 利益率(0.7%)は昨年より低い(1.6%) すべてのリスクチェックを見る0E1 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€10.106.4% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2b1t2016201920222025202620282031Revenue JP¥1.1tEarnings JP¥7.7bAdvancedSet Fair ValueView all narrativesOUTSOURCING Inc. 競合他社Amadeus FiReSymbol: XTRA:AADMarket cap: €141.5mBilfingerSymbol: XTRA:GBFMarket cap: €3.3bBefesaSymbol: XTRA:BFSAMarket cap: €1.4bCEWE Stiftung KGaASymbol: XTRA:CWCMarket cap: €692.5m価格と性能株価の高値、安値、推移の概要OUTSOURCING過去の株価現在の株価JP¥10.1052週高値JP¥11.2052週安値JP¥6.40ベータ1.871ヶ月の変化-2.88%3ヶ月変化-4.72%1年変化21.69%3年間の変化n/a5年間の変化n/aIPOからの変化-36.43%最新ニュースお知らせ • Jul 04OUTSOURCING Inc. SHIZUOKA Common Stock to Be Deleted from OTC EquityOUTSOURCING Inc. SHIZUOKA Common Stock will be deleted from OTC Equity effective July 03, 2024, due to CUSIP Suspended.お知らせ • May 16OUTSOURCING Inc. to Delist from Prime Section of Tokyo Stock Exchange, Effective June 06, 2024OUTSOURCING Inc. will be delisted from Prime Section of Tokyo Stock Exchange effective from June 06, 2024 due to Reverse stock split.Buy Or Sell Opportunity • Apr 26Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.6% to €10.30. The fair value is estimated to be €12.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 249% in the next 2 years.Buy Or Sell Opportunity • Apr 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to €10.40. The fair value is estimated to be €13.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 249% in the next 2 years.New Risk • Apr 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).お知らせ • Apr 03Betamek Berhad (KLSE:BETA) agreed to acquire Sanshin (Malaysia) Sdn. Bhd. from OUTSOURCING Inc. (TSE:2427) for MYR 13.4 million.Betamek Berhad (KLSE:BETA) agreed to acquire Sanshin (Malaysia) Sdn. Bhd. from OUTSOURCING Inc. (TSE:2427) for MYR 13.4 million on March 29, 2024. The transaction will be funded from internally generated funds.最新情報をもっと見るRecent updatesお知らせ • Jul 04OUTSOURCING Inc. SHIZUOKA Common Stock to Be Deleted from OTC EquityOUTSOURCING Inc. SHIZUOKA Common Stock will be deleted from OTC Equity effective July 03, 2024, due to CUSIP Suspended.お知らせ • May 16OUTSOURCING Inc. to Delist from Prime Section of Tokyo Stock Exchange, Effective June 06, 2024OUTSOURCING Inc. will be delisted from Prime Section of Tokyo Stock Exchange effective from June 06, 2024 due to Reverse stock split.Buy Or Sell Opportunity • Apr 26Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.6% to €10.30. The fair value is estimated to be €12.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 249% in the next 2 years.Buy Or Sell Opportunity • Apr 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to €10.40. The fair value is estimated to be €13.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 249% in the next 2 years.New Risk • Apr 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).お知らせ • Apr 03Betamek Berhad (KLSE:BETA) agreed to acquire Sanshin (Malaysia) Sdn. Bhd. from OUTSOURCING Inc. (TSE:2427) for MYR 13.4 million.Betamek Berhad (KLSE:BETA) agreed to acquire Sanshin (Malaysia) Sdn. Bhd. from OUTSOURCING Inc. (TSE:2427) for MYR 13.4 million on March 29, 2024. The transaction will be funded from internally generated funds.お知らせ • Mar 29Bain Capital Private Equity, LP and Haruhiko Doi completed the acquisition of 95% stake in OUTSOURCING Inc. (TSE:2427) from Haruhiko Doi and others in a Tender offer transaction.Bain Capital Private Equity, LP and Haruhiko Doi made an offer to acquire 95% stake in OUTSOURCING Inc. (TSE:2427) from Haruhiko Doi and others for approximately ¥220 billion in a Tender offer transaction on December 8, 2023. The tender offer price is ¥1755 per share. Chairman and Chief Executive Officer, Haruhiko Doi will tender his entire stake and then reinvest in OUTSOURCING. Post reinvestment, Bain Capital shall own up to 95% stake. The offer is conditional on 83.9 million of minimum number of tendered shares to be purchased. The offer has been approved by the Board of Directors of OUTSOURCING on the recommendation of the Special Committee. The squeeze-out process will be performed to acquire remaining shares after completion of the tender offer. As on January 17, 2024, K.K. BCJ-74 filed a prior notification to the European Commission. Clearance from European Commission is expected to obtain by late February 2024. Mori Hamada & Matsumoto acted as legal advisor, Nomura Securities Co., Ltd. acted as financial advisor and Plutus Consulting Co., Ltd. acted as financial advisor and provided fairness opinion for OUTSOURCING. Mitsubishi UFJ Morgan Stanley Securities acted as financial advisor to Bain. Bain Capital Private Equity, LP and Haruhiko Doi completed the acquisition of 95% stake in OUTSOURCING Inc. (TSE:2427) from Haruhiko Doi and others in a Tender offer transaction on March 27, 2024.お知らせ • Feb 29OUTSOURCING Inc. Announces the Resignation of Haruhiko Doi as CEO, Effective March 29, 2024OUTSOURCING Inc. announced that based on the resolution of the Board of Directors meeting on February 27, 2024, it has been decided that there will be a change in the CEO. Please note that the formal decision regarding this matter will be made at the Board of Directors meeting scheduled to be held after the conclusion of the 27th Ordinary General Meeting of Shareholders, scheduled on March 29, 2024. Mr. Haruhiko Doi will resign from the office of the CEO upon the expiration of his 27th term of office in light of the importance of establishing a next-generation management system. He will hand over his role and provide support to the management team with the aim of establishing a next-generation management system as Honorary Chairman. Scheduled Date of Change: March 29, 2024.Buy Or Sell Opportunity • Feb 23Now 20% undervaluedOver the last 90 days, the stock has risen 44% to €10.40. The fair value is estimated to be €13.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 249% in the next 2 years.New Risk • Feb 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.7% Last year net profit margin: 1.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin).Reported Earnings • Feb 19Full year 2023 earnings released: EPS: JP¥40.98 (vs JP¥87.09 in FY 2022)Full year 2023 results: EPS: JP¥40.98 (down from JP¥87.09 in FY 2022). Revenue: JP¥749.6b (up 8.6% from FY 2022). Net income: JP¥5.16b (down 53% from FY 2022). Profit margin: 0.7% (down from 1.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe.お知らせ • Jan 18OUTSOURCING Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024OUTSOURCING Inc. announced that they will report fiscal year 2023 results at 4:00 PM, Tokyo Standard Time on Feb 14, 2024Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improves as stock rises 28%After last week's 28% share price gain to €9.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 41% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €10.43 per share.お知らせ • Dec 11OUTSOURCING Inc., Annual General Meeting, Mar 27, 2024OUTSOURCING Inc., Annual General Meeting, Mar 27, 2024.Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: JP¥26.72 (vs JP¥18.71 in 3Q 2022)Third quarter 2023 results: EPS: JP¥26.72 (up from JP¥18.71 in 3Q 2022). Revenue: JP¥191.0b (up 7.8% from 3Q 2022). Net income: JP¥3.37b (up 43% from 3Q 2022). Profit margin: 1.8% (up from 1.3% in 3Q 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €7.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Professional Services industry in Europe. Total loss to shareholders of 11% over the past year.Board Change • Jul 26High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. External Independent Director Hiroshi Kizaki 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.お知らせ • Jun 23OUTSOURCING Inc. to Report Q2, 2023 Results on Aug 14, 2023OUTSOURCING Inc. announced that they will report Q2, 2023 results on Aug 14, 2023お知らせ • May 17OUTSOURCING Inc. Provides Consolidated Earnings Guidance for the Half Year and Full Year Ending December 31, 2023OUTSOURCING Inc. provided consolidated earnings guidance for the half year and full year ending December 31, 2023. For the first half, the company expects revenue to be JPY 366,000 million, operating profit to be JPY 10,500 million, profit to be JPY 6,500 million, profit attributable to owners of the parent to be JPY 6,000 million, basic earnings per share to be JPY 46.92.For the full year, the company expects revenue to be JPY 770,000 million, operating profit to be JPY 30,500 million, profit to be JPY 18,500 million, profit attributable to owners of the parent to be JPY 18,000 million, basic earnings per share to be JPY 141.17.お知らせ • Jan 19OUTSOURCING Inc., Annual General Meeting, Mar 28, 2023OUTSOURCING Inc., Annual General Meeting, Mar 28, 2023. Agenda: To consider and resolved to transition from a company with an Audit and Supervisory Committee.お知らせ • Dec 27OUTSOURCING Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023OUTSOURCING Inc. announced that they will report fiscal year 2022 results at 4:00 PM, Tokyo Standard Time on Feb 14, 2023株主還元0E1DE Professional ServicesDE 市場7D-1.0%1.8%3.2%1Y21.7%8.5%2.5%株主還元を見る業界別リターン: 0E1過去 1 年間で8.5 % の収益を上げたGerman Professional Services業界を上回りました。リターン対市場: 0E1過去 1 年間で2.5 % の収益を上げたGerman市場を上回りました。価格変動Is 0E1's price volatile compared to industry and market?0E1 volatility0E1 Average Weekly Movement1.6%Professional Services Industry Average Movement5.8%Market Average Movement6.1%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.7%安定した株価: 0E1 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 0E1の 週次ボラティリティ ( 2% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1997126,543n/awww.outsourcing.co.jp株式会社アウトソーシングは、日本、欧州、オセアニア、北米、南米、その他アジアにおいて、エンジニアリング、製造、サービス業務のアウトソーシングサービスを提供している。国内エンジニアリングアウトソーシング事業、国内製造アウトソーシング事業、国内サービスオペレーションアウトソーシング事業、海外エンジニアリングアウトソーシング事業、海外製造・サービスオペレーションアウトソーシング事業を展開している。国内製造アウトソーシング事業、国内サービス・オペレーション・アウトソーシング事業、海外エンジニアリング・アウトソーシング事業、海外製造・サービス・オペレーション・アウトソーシング事業を行っている。IT基盤システム・インフラ・ネットワークの提供、医療・化学関連の研究開発業務のアウトソーシングサービス、施工管理・設計、プラントの設計・施工・管理、ITスクールの運営などを行っている。また、製造工程のアウトソーシングに関する技術提供やメーカーニーズへの対応、有期雇用社員の採用アウトソーシングなどの業務受託、有期雇用社員・技能実習生・留学生の労務管理・宿舎管理などの事務アウトソーシング、労働者の就職支援、米軍施設などの官公庁向けサービス、物流会社やコールセンター向けサービスなども行っている。さらに、IT、金融、製薬、ライフサイエンス、医療、ヘルスケア向け派遣・人材紹介サービス、人工知能を活用した政府債権回収サービス、製造関連生産アウトソーシングサービス向け人材サービス、事務・サービス関連業務向け人材派遣・人材紹介・給与計算サービス、公的機関向けBPOサービス・人材派遣、国境を越えた雇用サービスなども提供している。同社は1997年に設立され、東京に本社を置く。もっと見るOUTSOURCING Inc. 基礎のまとめOUTSOURCING の収益と売上を時価総額と比較するとどうか。0E1 基礎統計学時価総額€1.30b収益（TTM）€30.42m売上高(TTM)€4.42b42.7xPER（株価収益率0.3xP/Sレシオ0E1 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計0E1 損益計算書（TTM）収益JP¥749.61b売上原価JP¥614.38b売上総利益JP¥135.23bその他の費用JP¥130.06b収益JP¥5.16b直近の収益報告Dec 31, 2023次回決算日該当なし一株当たり利益（EPS）40.97グロス・マージン18.04%純利益率0.69%有利子負債／自己資本比率131.1%0E1 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/06/06 08:42終値2024/06/06 00:00収益2023/12/31年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋OUTSOURCING Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Yoshiyuki KinoshitaBofA Global ResearchYoko MizoguchiIchiyoshi Research Institute Inc.Toshihiro KatahiroMarusan Securities Co. Ltd.2 その他のアナリストを表示
お知らせ • Jul 04OUTSOURCING Inc. SHIZUOKA Common Stock to Be Deleted from OTC EquityOUTSOURCING Inc. SHIZUOKA Common Stock will be deleted from OTC Equity effective July 03, 2024, due to CUSIP Suspended.
お知らせ • May 16OUTSOURCING Inc. to Delist from Prime Section of Tokyo Stock Exchange, Effective June 06, 2024OUTSOURCING Inc. will be delisted from Prime Section of Tokyo Stock Exchange effective from June 06, 2024 due to Reverse stock split.
Buy Or Sell Opportunity • Apr 26Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.6% to €10.30. The fair value is estimated to be €12.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 249% in the next 2 years.
Buy Or Sell Opportunity • Apr 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to €10.40. The fair value is estimated to be €13.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 249% in the next 2 years.
New Risk • Apr 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
お知らせ • Apr 03Betamek Berhad (KLSE:BETA) agreed to acquire Sanshin (Malaysia) Sdn. Bhd. from OUTSOURCING Inc. (TSE:2427) for MYR 13.4 million.Betamek Berhad (KLSE:BETA) agreed to acquire Sanshin (Malaysia) Sdn. Bhd. from OUTSOURCING Inc. (TSE:2427) for MYR 13.4 million on March 29, 2024. The transaction will be funded from internally generated funds.
お知らせ • Jul 04OUTSOURCING Inc. SHIZUOKA Common Stock to Be Deleted from OTC EquityOUTSOURCING Inc. SHIZUOKA Common Stock will be deleted from OTC Equity effective July 03, 2024, due to CUSIP Suspended.
お知らせ • May 16OUTSOURCING Inc. to Delist from Prime Section of Tokyo Stock Exchange, Effective June 06, 2024OUTSOURCING Inc. will be delisted from Prime Section of Tokyo Stock Exchange effective from June 06, 2024 due to Reverse stock split.
Buy Or Sell Opportunity • Apr 26Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.6% to €10.30. The fair value is estimated to be €12.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 249% in the next 2 years.
Buy Or Sell Opportunity • Apr 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to €10.40. The fair value is estimated to be €13.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 249% in the next 2 years.
New Risk • Apr 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
お知らせ • Apr 03Betamek Berhad (KLSE:BETA) agreed to acquire Sanshin (Malaysia) Sdn. Bhd. from OUTSOURCING Inc. (TSE:2427) for MYR 13.4 million.Betamek Berhad (KLSE:BETA) agreed to acquire Sanshin (Malaysia) Sdn. Bhd. from OUTSOURCING Inc. (TSE:2427) for MYR 13.4 million on March 29, 2024. The transaction will be funded from internally generated funds.
お知らせ • Mar 29Bain Capital Private Equity, LP and Haruhiko Doi completed the acquisition of 95% stake in OUTSOURCING Inc. (TSE:2427) from Haruhiko Doi and others in a Tender offer transaction.Bain Capital Private Equity, LP and Haruhiko Doi made an offer to acquire 95% stake in OUTSOURCING Inc. (TSE:2427) from Haruhiko Doi and others for approximately ¥220 billion in a Tender offer transaction on December 8, 2023. The tender offer price is ¥1755 per share. Chairman and Chief Executive Officer, Haruhiko Doi will tender his entire stake and then reinvest in OUTSOURCING. Post reinvestment, Bain Capital shall own up to 95% stake. The offer is conditional on 83.9 million of minimum number of tendered shares to be purchased. The offer has been approved by the Board of Directors of OUTSOURCING on the recommendation of the Special Committee. The squeeze-out process will be performed to acquire remaining shares after completion of the tender offer. As on January 17, 2024, K.K. BCJ-74 filed a prior notification to the European Commission. Clearance from European Commission is expected to obtain by late February 2024. Mori Hamada & Matsumoto acted as legal advisor, Nomura Securities Co., Ltd. acted as financial advisor and Plutus Consulting Co., Ltd. acted as financial advisor and provided fairness opinion for OUTSOURCING. Mitsubishi UFJ Morgan Stanley Securities acted as financial advisor to Bain. Bain Capital Private Equity, LP and Haruhiko Doi completed the acquisition of 95% stake in OUTSOURCING Inc. (TSE:2427) from Haruhiko Doi and others in a Tender offer transaction on March 27, 2024.
お知らせ • Feb 29OUTSOURCING Inc. Announces the Resignation of Haruhiko Doi as CEO, Effective March 29, 2024OUTSOURCING Inc. announced that based on the resolution of the Board of Directors meeting on February 27, 2024, it has been decided that there will be a change in the CEO. Please note that the formal decision regarding this matter will be made at the Board of Directors meeting scheduled to be held after the conclusion of the 27th Ordinary General Meeting of Shareholders, scheduled on March 29, 2024. Mr. Haruhiko Doi will resign from the office of the CEO upon the expiration of his 27th term of office in light of the importance of establishing a next-generation management system. He will hand over his role and provide support to the management team with the aim of establishing a next-generation management system as Honorary Chairman. Scheduled Date of Change: March 29, 2024.
Buy Or Sell Opportunity • Feb 23Now 20% undervaluedOver the last 90 days, the stock has risen 44% to €10.40. The fair value is estimated to be €13.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 249% in the next 2 years.
New Risk • Feb 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.7% Last year net profit margin: 1.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin).
Reported Earnings • Feb 19Full year 2023 earnings released: EPS: JP¥40.98 (vs JP¥87.09 in FY 2022)Full year 2023 results: EPS: JP¥40.98 (down from JP¥87.09 in FY 2022). Revenue: JP¥749.6b (up 8.6% from FY 2022). Net income: JP¥5.16b (down 53% from FY 2022). Profit margin: 0.7% (down from 1.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe.
お知らせ • Jan 18OUTSOURCING Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024OUTSOURCING Inc. announced that they will report fiscal year 2023 results at 4:00 PM, Tokyo Standard Time on Feb 14, 2024
Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improves as stock rises 28%After last week's 28% share price gain to €9.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 41% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €10.43 per share.
お知らせ • Dec 11OUTSOURCING Inc., Annual General Meeting, Mar 27, 2024OUTSOURCING Inc., Annual General Meeting, Mar 27, 2024.
Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: JP¥26.72 (vs JP¥18.71 in 3Q 2022)Third quarter 2023 results: EPS: JP¥26.72 (up from JP¥18.71 in 3Q 2022). Revenue: JP¥191.0b (up 7.8% from 3Q 2022). Net income: JP¥3.37b (up 43% from 3Q 2022). Profit margin: 1.8% (up from 1.3% in 3Q 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €7.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Professional Services industry in Europe. Total loss to shareholders of 11% over the past year.
Board Change • Jul 26High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. External Independent Director Hiroshi Kizaki 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.
お知らせ • Jun 23OUTSOURCING Inc. to Report Q2, 2023 Results on Aug 14, 2023OUTSOURCING Inc. announced that they will report Q2, 2023 results on Aug 14, 2023
お知らせ • May 17OUTSOURCING Inc. Provides Consolidated Earnings Guidance for the Half Year and Full Year Ending December 31, 2023OUTSOURCING Inc. provided consolidated earnings guidance for the half year and full year ending December 31, 2023. For the first half, the company expects revenue to be JPY 366,000 million, operating profit to be JPY 10,500 million, profit to be JPY 6,500 million, profit attributable to owners of the parent to be JPY 6,000 million, basic earnings per share to be JPY 46.92.For the full year, the company expects revenue to be JPY 770,000 million, operating profit to be JPY 30,500 million, profit to be JPY 18,500 million, profit attributable to owners of the parent to be JPY 18,000 million, basic earnings per share to be JPY 141.17.
お知らせ • Jan 19OUTSOURCING Inc., Annual General Meeting, Mar 28, 2023OUTSOURCING Inc., Annual General Meeting, Mar 28, 2023. Agenda: To consider and resolved to transition from a company with an Audit and Supervisory Committee.
お知らせ • Dec 27OUTSOURCING Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023OUTSOURCING Inc. announced that they will report fiscal year 2022 results at 4:00 PM, Tokyo Standard Time on Feb 14, 2023
