View Financial HealthPasona Group 配当と自社株買い配当金 基準チェック /36Pasona Groupは配当を支払う会社で、現在の利回りは4.78%です。次の支払い日は 10th August, 2026で、権利落ち日は28th May, 2026 。主要情報4.8%配当利回り4.2%バイバック利回り総株主利回り9.0%将来の配当利回り4.8%配当成長5.9%次回配当支払日10 Aug 26配当落ち日28 May 26一株当たり配当金n/a配当性向-17%最近の配当と自社株買いの更新お知らせ • Jan 15Pasona Group Inc. (TSE:2168) announces an Equity Buyback for 2,000,000 shares, representing 4.97% for ¥5,000 million.Pasona Group Inc. (TSE:2168) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 4.97% of its issued share capital, for ¥5,000 million. The purpose of the program is further improving capital efficiency and implementing a flexible capital policy in response to the business environment. The repurchases will expire on January 14, 2026. As of January 14, 2025, the company had 40,250,996 shares issued (excluding treasury stock) and 1,439,304 shares.お知らせ • Jul 12+ 3 more updatesPasona Group Inc. Provides Dividend Guidance for the Fiscal Year Ending May 31, 2025Pasona Group Inc. provided dividend guidance for the fiscal year ending May 31, 2025. for the year, the company expects dividend of JPY 75.00 per share against JPY 15.00 per share a year ago.Upcoming Dividend • May 23Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 13 August 2024. Payout ratio is on the higher end at 98% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.3%).お知らせ • Jan 12Pasona Group Inc. Provides Year-End Dividend Guidance for the Fiscal Year 2023Pasona Group Inc. provided year-end dividend guidance for the fiscal year 2023. For the period, the company expects to pay year-end dividend of JPY 35.00 per share compared to JPY 35.00 per share paid a year ago.お知らせ • Jul 15+ 2 more updatesPasona Group Inc. Announces Dividend for the Year Ended May 31, 2023, Payable on August 10, 2023Pasona Group Inc. announced dividend for the year ended May 31, 2023. For the year, the company announced to pay a dividend of JPY 35.00 per share against JPY 30.00 per share paid a year ago, payable on August 10, 2023.Upcoming Dividend • May 23Upcoming dividend of JP¥35.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 07 August 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%).すべての更新を表示Recent updatesReported Earnings • Jul 17Full year 2026 earnings released: JP¥90.04 loss per share (vs JP¥222 loss in FY 2025)Full year 2026 results: JP¥90.04 loss per share (improved from JP¥222 loss in FY 2025). Revenue: JP¥308.5b (flat on FY 2025). Net loss: JP¥3.39b (loss narrowed 61% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 26% 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.お知らせ • Jul 15+ 3 more updatesPasona Group Inc., Annual General Meeting, Aug 28, 2026Pasona Group Inc., Annual General Meeting, Aug 28, 2026.お知らせ • Jun 17Pasona Group Inc. to Report Fiscal Year 2026 Results on Jul 15, 2026Pasona Group Inc. announced that they will report fiscal year 2026 results on Jul 15, 2026Board Change • May 21Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Outside Director Ryohei Miyata was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Mar 17Pasona Group Inc. to Report Q3, 2026 Results on Apr 14, 2026Pasona Group Inc. announced that they will report Q3, 2026 results on Apr 14, 2026お知らせ • Jan 14Pasona Group Inc. Provides Earnings Guidance for the Full Year Ending May 31, 2026Pasona Group Inc. provided earnings guidance for the full year ending May 31, 2026. For the year, the company expected net sales of JPY 330,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 2,800 million and net profit per share of JPY 13.19.お知らせ • Dec 13Pasona Group Inc. to Report Q2, 2026 Results on Jan 14, 2026Pasona Group Inc. announced that they will report Q2, 2026 results on Jan 14, 2026お知らせ • Sep 14Pasona Group Inc. to Report Q1, 2026 Results on Oct 15, 2025Pasona Group Inc. announced that they will report Q1, 2026 results on Oct 15, 2025お知らせ • Aug 22Pasona Group Inc. Announces Board and Board Committee Changes, Effective August 22, 2025Pasona Group Inc. announced that at the General Meeting of Shareholders held on August 22, 2025, directors were appointed, and at the subsequent Board of Directors Meeting, resolved to make the following executive appointments as of the same day. Members of the Board (Excluding Directors who are Audit and Supervisory Committee Members): Name, Current position, and Previous position: Hirotaka Wakamoto was appointed as Representative Director, Chairperson and CEO, previously serving as Representative Director, President and CEO. Shintaro Nakao was appointed as Representative Director, President and COO Representative Director & President of Pasona Inc., previously serving as Managing Executive Officer General Manager of the Group Sales General Headquarters, Representative Director & President of Pasona Inc. Junko Fukasawa was appointed as Director, Vice President and Executive Officer General Manager of the Pasona Way General Headquarters, responsible for the Social Contribution Department, with the same previous position. Kinuko Yamamoto was appointed as Director, Vice President and Executive Officer General Manager of the NATUREVERSE General Headquarters, with the same previous position. Makiya Nambu was appointed as Director, Vice President and Executive Officer General Manager of the Global Strategy General Headquarters, General Manager of the International Business Headquarters, previously serving as Director and Managing Executive Officer General Manager of the Global Strategy General Headquarters, General Manager of the International Business Headquarters. Directors who are Audit and Supervisory Committee Members: Name, Current position, and Previous position: Kazufumi Nomura was appointed as Director (Full-time Audit and Supervisory Committee Member) with the same previous position. Haruo Funabashi was appointed as Outside Director (Audit and Supervisory Committee Member/Independent Director)with the same previous position. Kazuo Furukawa was appointed as Outside Director (Audit and Supervisory Committee Member/Independent Director) with the same previous position. Ryohei Miyata was appointed as Outside Director (Audit and Supervisory Committee Member/Independent Director) with the same previous position. Yutaka Atomi was appointed as Outside Director (Audit and Supervisory Committee Member/Independent Director)with the same previous position.お知らせ • Jul 15Pasona Group Inc., Annual General Meeting, Aug 22, 2025Pasona Group Inc., Annual General Meeting, Aug 22, 2025.お知らせ • Jun 27Pasona Group Inc. Revises Consolidated Earnings Guidance for the Full Year Ending May 31, 2025Pasona Group Inc. revised consolidated earnings guidance for the full year ending May 31, 2025. For the year, the company expected net sales of JPY 309,200 million compared to previous guidance of JPY 320,000 million, operating loss of JPY 1,250 million compared to previous guidance operating profit of JPY 1,700 million, loss attributable to owners of parent of JPY 8,650 million compared to previous guidance of JPY 4,300 million. Reasons for Revision of Consolidated Business Forecasts for the Fiscal Year Ended May 31, 2025: In the current fiscal year, the company planned for a decrease in net sales from the previous fiscal year due to the discontinuation of the Outsourcing segment at the beginning of the current consolidated fiscal year as a result of the sale of shares in a consolidated subsidiary in the previous fiscal year, as well as the peak-out of large-scale BPO Solution projects. Under these circumstances, although we made progress in acquiring new BPO demand associated with productivity improvements and DX promotion at companies experiencing expanding demand, the acquisition of projects did not grow as much as expected toward the end of the fiscal year, and sales are expected to fall short of the previous forecast. In the Expert Solutions business, although the number of temporary workers exceeded the previous year's figures on a monthly basis from April onwards, it is unlikely to reach the previous forecast. These shortfalls in sales have affected profits, which are now expected to fall short of the previous forecast. Career Solutions are expected to exceed initial forecasts, but due to longer-than-expected employment decision periods in the reemployment support business, results are not expected to reach the previous forecast.お知らせ • Jun 14Pasona Group Inc. to Report Fiscal Year 2025 Results on Jul 15, 2025Pasona Group Inc. announced that they will report fiscal year 2025 results on Jul 15, 2025お知らせ • Mar 13Pasona Group Inc. to Report Q3, 2025 Results on Apr 14, 2025Pasona Group Inc. announced that they will report Q3, 2025 results on Apr 14, 2025お知らせ • Jan 15Pasona Group Inc. (TSE:2168) announces an Equity Buyback for 2,000,000 shares, representing 4.97% for ¥5,000 million.Pasona Group Inc. (TSE:2168) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 4.97% of its issued share capital, for ¥5,000 million. The purpose of the program is further improving capital efficiency and implementing a flexible capital policy in response to the business environment. The repurchases will expire on January 14, 2026. As of January 14, 2025, the company had 40,250,996 shares issued (excluding treasury stock) and 1,439,304 shares.お知らせ • Jan 14Pasona Group Inc. Revises Earnings Guidance for the Full Year Ending May 31, 2025Pasona Group Inc. revised earnings guidance for the full year ending May 31, 2025. For the year, the company expected net sales of JPY 320,000 million compared to JPY 330,000 million, operating profit of JPY 1,700 million compared to JPY 5,000 million, loss attributable to owners of parent of JPY 4,300 million compared to profit of JPY 1,300 million.お知らせ • Dec 14Pasona Group Inc. to Report Q2, 2025 Results on Jan 14, 2025Pasona Group Inc. announced that they will report Q2, 2025 results on Jan 14, 2025Buy Or Sell Opportunity • Nov 12Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to €11.80. The fair value is estimated to be €9.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 104%. Revenue is forecast to decline by 7.4% in a year. Earnings are forecast to decline by 98% in the next year.Reported Earnings • Oct 17First quarter 2025 earnings released: JP¥30.47 loss per share (vs JP¥4.77 profit in 1Q 2024)First quarter 2025 results: JP¥30.47 loss per share (down from JP¥4.77 profit in 1Q 2024). Revenue: JP¥76.3b (down 15% from 1Q 2024). Net loss: JP¥1.19b (down JP¥1.38b from profit in 1Q 2024). Revenue is expected to decline by 3.1% p.a. on average during the next 2 years, while revenues in the Professional Services industry in Europe are expected to grow by 5.6%. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Board Change • Oct 08Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Outside Director Ryohei Miyata was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Sep 12Pasona Group Inc. to Report Q1, 2025 Results on Oct 15, 2024Pasona Group Inc. announced that they will report Q1, 2025 results on Oct 15, 2024お知らせ • Aug 22Pasona Group Inc. Approves Board and Committee ChangesPasona Group Inc. announced that at the General Meeting of Shareholders and the Board of Directors Meeting held on August 22, 2024, resolved to make the following executive appointments. Members of the Board (Excluding Directors who are Audit and Supervisory Committee Members): Yasuyuki Nambu -Group CEO & President; Hirotaka Wakamoto- From Executive Officer & Vice President, Chief Operating Officer, General Manager of the Growth Strategy General Headquarters & General Manager of the Corporate Planning Headquarters to Executive Officer & Vice President, Chief Operating Officer, General Manager of the Corporate Planning Headquarters & General Manager of the Growth Strategy Headquarters; Junko Fukasawa- from Executive Officer & Vice President, General Manager of the Pasona Way General Headquarters, responsible for the Social Contribution Department to Executive Officer & Vice President, General Manager of the Pasona Way Headquarters, responsible for the Social Contribution Department; Kinuko Yamamoto- From Executive Officer & Vice President, General Manager of the NATUREVERSE General Headquarters to Executive Officer & Vice President, General Manager of the New Business Development Headquarters; Makiya Nambu: Managing Executive Officer & Director, General Manager of the International Business Headquarters & Deputy General Manager of the Corporate Planning Headquarters. Directors who are Audit and Supervisory Committee Members: Kazufumi Nomura -Director (Full-time Audit and Supervisory Committee Member), Haruo Funabashi- Outside Director (Audit and Supervisory Committee Member), Kazuo Furukawa - Outside Director (Audit and Supervisory Committee Member), Ryohei Miyata - Outside Director (Audit and Supervisory Committee Member), Yutaka Atomi - Outside Director (Audit and Supervisory Committee Member).New Risk • Jul 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 2,342% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 141% per year for the foreseeable future. High level of non-cash earnings (2,342% accrual ratio).Reported Earnings • Jul 15Full year 2024 earnings released: EPS: JP¥2,448 (vs JP¥156 in FY 2023)Full year 2024 results: EPS: JP¥2,448 (up from JP¥156 in FY 2023). Revenue: JP¥356.7b (down 4.3% from FY 2023). Net income: JP¥95.9b (up JP¥89.8b from FY 2023). Profit margin: 27% (up from 1.6% in FY 2023). Revenue is expected to decline by 8.1% p.a. on average during the next 2 years, while revenues in the Professional Services industry in Europe are expected to grow by 5.6%. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Jul 13Pasona Group Inc., Annual General Meeting, Aug 22, 2024Pasona Group Inc., Annual General Meeting, Aug 22, 2024.お知らせ • Jul 12+ 3 more updatesPasona Group Inc. Provides Dividend Guidance for the Fiscal Year Ending May 31, 2025Pasona Group Inc. provided dividend guidance for the fiscal year ending May 31, 2025. for the year, the company expects dividend of JPY 75.00 per share against JPY 15.00 per share a year ago.お知らせ • Jun 14Pasona Group Inc. to Report Fiscal Year 2024 Results on Jul 12, 2024Pasona Group Inc. announced that they will report fiscal year 2024 results on Jul 12, 2024Upcoming Dividend • May 23Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 13 August 2024. Payout ratio is on the higher end at 98% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.3%).Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to €12.70, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 16x in the Professional Services industry in Europe. Total loss to shareholders of 11% over the past three years.New Risk • Apr 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.2% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin).Reported Earnings • Apr 14Third quarter 2024 earnings released: JP¥22.92 loss per share (vs JP¥30.99 profit in 3Q 2023)Third quarter 2024 results: JP¥22.92 loss per share (down from JP¥30.99 profit in 3Q 2023). Revenue: JP¥86.2b (down 7.6% from 3Q 2023). Net loss: JP¥898.0m (down 174% from profit in 3Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 5.6% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Mar 13Pasona Group Inc. to Report Q3, 2024 Results on Apr 12, 2024Pasona Group Inc. announced that they will report Q3, 2024 results on Apr 12, 2024New Risk • Jan 27New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 36% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 36% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (1.0% net profit margin).Reported Earnings • Jan 15Second quarter 2024 earnings released: JP¥1.07 loss per share (vs JP¥36.78 profit in 2Q 2023)Second quarter 2024 results: JP¥1.07 loss per share (down from JP¥36.78 profit in 2Q 2023). Revenue: JP¥89.4b (down 2.7% from 2Q 2023). Net loss: JP¥42.0m (down 103% from profit in 2Q 2023). Profit margin: 0% (down from 1.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Jan 12Pasona Group Inc. Provides Year-End Dividend Guidance for the Fiscal Year 2023Pasona Group Inc. provided year-end dividend guidance for the fiscal year 2023. For the period, the company expects to pay year-end dividend of JPY 35.00 per share compared to JPY 35.00 per share paid a year ago.お知らせ • Dec 13Pasona Group Inc. to Report Q2, 2024 Results on Jan 12, 2024Pasona Group Inc. announced that they will report Q2, 2024 results on Jan 12, 2024Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €15.00, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 11% over the past year.お知らせ • Nov 16M3, Inc. (TSE:2413) entered into a share tender agreement to acquire a 55% stake in Benefit One Inc. (TSE:2412) from Pasona Group Inc. (TSE:2168) and others for approximately ¥140 billion.M3, Inc. (TSE:2413) entered into a share tender agreement to acquire a 55% stake in Benefit One Inc. (TSE:2412) from Pasona Group Inc. (TSE:2168) and others for approximately ¥140 billion on November 14, 2023. The offer price is ¥1600 cash per share. The transaction is subject to minimum tender of 81,210,400 shares and maximum of 87,307,300 shares. The offer period will commence on November 15, 2023 and end on December 13, 2023.New Risk • Nov 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 9.1% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.6% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.1% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin).Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 29%After last week's 29% share price gain to €11.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Professional Services industry in Europe. Total loss to shareholders of 16% over the past year.Reported Earnings • Oct 15First quarter 2024 earnings released: EPS: JP¥4.77 (vs JP¥33.01 in 1Q 2023)First quarter 2024 results: EPS: JP¥4.77 (down from JP¥33.01 in 1Q 2023). Revenue: JP¥89.9b (down 2.4% from 1Q 2023). Net income: JP¥187.0m (down 86% from 1Q 2023). Profit margin: 0.2% (down from 1.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Professional Services industry in Europe.お知らせ • Sep 15Pasona Group Inc. to Report Q1, 2024 Results on Oct 13, 2023Pasona Group Inc. announced that they will report Q1, 2024 results on Oct 13, 2023お知らせ • Aug 25Pasona Group Inc. Appoints Yutaka Atomi as Outside Director (Audit and Supervisory Committee Member)Pasona Group Inc. approved to appoint Yutaka Atomi as Outside Director (Audit and Supervisory Committee Member).New Risk • Jul 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 22% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 22% per year for the foreseeable future. High level of non-cash earnings (47% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.6% net profit margin).New Risk • Jul 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.6% net profit margin).Reported Earnings • Jul 16Full year 2023 earnings released: EPS: JP¥156 (vs JP¥220 in FY 2022)Full year 2023 results: EPS: JP¥156 (down from JP¥220 in FY 2022). Revenue: JP¥372.6b (up 1.8% from FY 2022). Net income: JP¥6.10b (down 29% from FY 2022). Profit margin: 1.6% (down from 2.4% in FY 2022). The decrease in margin was driven by higher expenses.お知らせ • Jul 15+ 2 more updatesPasona Group Inc. Announces Dividend for the Year Ended May 31, 2023, Payable on August 10, 2023Pasona Group Inc. announced dividend for the year ended May 31, 2023. For the year, the company announced to pay a dividend of JPY 35.00 per share against JPY 30.00 per share paid a year ago, payable on August 10, 2023.お知らせ • Jul 14Pasona Group Inc., Annual General Meeting, Aug 24, 2023Pasona Group Inc., Annual General Meeting, Aug 24, 2023.お知らせ • Jun 15Pasona Group Inc. to Report Fiscal Year 2023 Results on Jul 14, 2023Pasona Group Inc. announced that they will report fiscal year 2023 results on Jul 14, 2023Upcoming Dividend • May 23Upcoming dividend of JP¥35.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 07 August 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%).Reported Earnings • Apr 16Third quarter 2023 earnings released: EPS: JP¥30.99 (vs JP¥64.21 in 3Q 2022)Third quarter 2023 results: EPS: JP¥30.99 (down from JP¥64.21 in 3Q 2022). Revenue: JP¥93.3b (up 5.6% from 3Q 2022). Net income: JP¥1.21b (down 52% from 3Q 2022). Profit margin: 1.3% (down from 2.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe.Reported Earnings • Jan 15Second quarter 2023 earnings released: EPS: JP¥36.78 (vs JP¥59.24 in 2Q 2022)Second quarter 2023 results: EPS: JP¥36.78 (down from JP¥59.24 in 2Q 2022). Revenue: JP¥91.9b (up 1.5% from 2Q 2022). Net income: JP¥1.44b (down 38% from 2Q 2022). Profit margin: 1.6% (down from 2.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Professional Services industry in Europe.お知らせ • Jan 14+ 1 more updatePasona Group Inc. Provides Dividend Guidance for the Year Ending May 31, 2023Pasona Group Inc. provided dividend guidance for the year ending May 31, 2023. For the year, the company expects dividend of JPY 35.00 per share against JPY 35.00 per share paid for the same period a year ago.お知らせ • Dec 14Pasona Group Inc. to Report Q2, 2023 Results on Jan 13, 2023Pasona Group Inc. announced that they will report Q2, 2023 results on Jan 13, 2023Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Outside Director Haruo Funabashi was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 16First quarter 2023 earnings released: EPS: JP¥33.01 (vs JP¥63.39 in 1Q 2022)First quarter 2023 results: EPS: JP¥33.01 (down from JP¥63.39 in 1Q 2022). Revenue: JP¥92.1b (flat on 1Q 2022). Net income: JP¥1.29b (down 48% from 1Q 2022). Profit margin: 1.4% (down from 2.7% in 1Q 2022). Revenue is forecast to grow 4.8% 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 • Oct 15+ 1 more updatePasona Group Inc. Provides Dividend Guidance for the Fiscal Year Ending May 31, 2023Pasona Group Inc. provided dividend guidance of JPY 35 per share for the fiscal year ending May 31, 2023.お知らせ • Sep 15Pasona Group Inc. to Report Q1, 2023 Results on Oct 14, 2022Pasona Group Inc. announced that they will report Q1, 2023 results on Oct 14, 2022Board Change • Aug 08Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Ryohei Miyata was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jul 20Pasona Group Inc. Announces Notice of Change of DirectorsPasona Group Inc. has resolved the following changes based on the report of the Nominating and Compensation Committee at its Board of Director's meeting held on July 19, 2022. 1. Newly Appointed Candidate for Members of the Board Name: Makiya Nambu. As of the date of the Ordinary General Meeting of Shareholders in August 19, 2022: Managing Executive Officer & Director, General Manager of the International Business Headquarters & Deputy General Manager of the Corporate Planning Headquarters, Pasona Group Inc. Current: General Manager of the International Business Division. Date of Birth: Jul. 31, 1984. Apr. 2008: Joined Mitsubishi Corporation Jun. 2013: Joined Pasona Inc. Sep. 2018: Executive Officer, General Manager of the Global Business Division, Pasona Inc. Dec. 2018: General Manager of the International Business Division, Pasona Group Inc. (to present) Sep. 2021; Managing Executive Officer, General Manager of the Global Business Division, Pasona Inc. (to present). Retiring of Members of the Board: Name: Heizo Takenaka. Current: Chairman & Director, Pasona Group Inc.お知らせ • Jul 16+ 3 more updatesPasona Group Inc. Declares Ordinary Dividend for the Year Ended May 31, 2022, Payable on August 5, 2022Pasona Group Inc. declared a ordinary dividend of ¥30.00 per share for the year ended May 31, 2022, the dividend payable on August 5, 2022.お知らせ • Jul 15Pasona Group Inc., Annual General Meeting, Aug 19, 2022Pasona Group Inc., Annual General Meeting, Aug 19, 2022.お知らせ • May 26+ 2 more updatesPasona Group Inc. to Report Fiscal Year 2022 Results on Jul 15, 2022Pasona Group Inc. announced that they will report fiscal year 2022 results on Jul 15, 2022Reported Earnings • Apr 15Third quarter 2022 earnings released: EPS: JP¥64.21 (vs JP¥33.32 in 3Q 2021)Third quarter 2022 results: EPS: JP¥64.21 (up from JP¥33.32 in 3Q 2021). Revenue: JP¥88.4b (up 11% from 3Q 2021). Net income: JP¥2.51b (up 93% from 3Q 2021). Profit margin: 2.8% (up from 1.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.4%, compared to a 9.5% growth forecast for the industry in Germany.お知らせ • Apr 15+ 1 more updatePasona Group Inc. Provides Dividend Guidance for the Fiscal Year 2021Pasona Group Inc. provided dividend guidance for the fiscal year 2021. For the period, the company expects dividend to be JPY 30 per share.Reported Earnings • Jan 15Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥59.24 (up from JP¥5.47 in 2Q 2021). Revenue: JP¥90.6b (up 14% from 2Q 2021). Net income: JP¥2.32b (up JP¥2.11b from 2Q 2021). Profit margin: 2.6% (up from 0.3% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.9%, compared to a 9.2% growth forecast for the industry in Germany.Reported Earnings • Jan 15Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥59.24 (up from JP¥5.47 in 2Q 2021). Revenue: JP¥90.6b (up 14% from 2Q 2021). Net income: JP¥2.32b (up JP¥2.11b from 2Q 2021). Profit margin: 2.6% (up from 0.3% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.9%, compared to a 9.2% growth forecast for the industry in Germany.Reported Earnings • Oct 16First quarter 2022 earnings released: EPS JP¥63.39 (vs JP¥104 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥91.9b (up 7.2% from 1Q 2021). Net income: JP¥2.48b (down 39% from 1Q 2021). Profit margin: 2.7% (down from 4.7% in 1Q 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to €23.20, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 25x in the Professional Services industry in Europe.Reported Earnings • Jul 18Full year 2021 earnings released: EPS JP¥173 (vs JP¥15.19 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥334.5b (up 2.9% from FY 2020). Net income: JP¥6.78b (up JP¥6.19b from FY 2020). Profit margin: 2.0% (up from 0.2% in FY 2020). The increase in margin was driven by higher revenue.Reported Earnings • Apr 16Third quarter 2021 earnings released: EPS JP¥33.32 (vs JP¥4.50 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥79.8b (up 2.1% from 3Q 2020). Net income: JP¥1.30b (up JP¥1.13b from 3Q 2020). Profit margin: 1.6% (up from 0.2% in 3Q 2020).お知らせ • Mar 14Pasona Group Inc. to Report Q3, 2021 Results on Apr 13, 2021Pasona Group Inc. announced that they will report Q3, 2021 results on Apr 13, 2021Reported Earnings • Jan 15Second quarter 2021 earnings released: EPS JP¥5.47The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥79.2b (down 3.0% from 2Q 2020). Net income: JP¥214.0m (down 38% from 2Q 2020). Profit margin: 0.3% (down from 0.4% in 2Q 2020). The decrease in margin was driven by lower revenue.決済の安定と成長配当データの取得安定した配当: 9D4の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 9D4の配当金は過去10年間にわたって増加しています。配当利回り対市場Pasona Group 配当利回り対市場9D4 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (9D4)4.8%市場下位25% (DE)1.6%市場トップ25% (DE)4.7%業界平均 (Professional Services)3.1%アナリスト予想 (9D4) (最長3年)4.8%注目すべき配当: 9D4の配当金 ( 4.78% ) はGerman市場の配当金支払者の下位 25% ( 1.55% ) よりも高くなっています。高配当: 9D4の配当金 ( 4.78% ) はGerman市場 ( 4.67% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 9D4は配当金を支払っていますが、会社は利益を上げていません。株主配当金キャッシュフローカバレッジ: 9D4は配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management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2026/07/22 20:34終値2026/07/22 00:00収益2026/05/31年間収益2026/05/31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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Pasona Group Inc. 0 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。3 アナリスト機関null nullDaiwa Securities Co. Ltd.Kazumasa OharaNomura Securities Co. Ltd.Kiyoshi MoriOkasan Securities Co. Ltd.
お知らせ • Jan 15Pasona Group Inc. (TSE:2168) announces an Equity Buyback for 2,000,000 shares, representing 4.97% for ¥5,000 million.Pasona Group Inc. (TSE:2168) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 4.97% of its issued share capital, for ¥5,000 million. The purpose of the program is further improving capital efficiency and implementing a flexible capital policy in response to the business environment. The repurchases will expire on January 14, 2026. As of January 14, 2025, the company had 40,250,996 shares issued (excluding treasury stock) and 1,439,304 shares.
お知らせ • Jul 12+ 3 more updatesPasona Group Inc. Provides Dividend Guidance for the Fiscal Year Ending May 31, 2025Pasona Group Inc. provided dividend guidance for the fiscal year ending May 31, 2025. for the year, the company expects dividend of JPY 75.00 per share against JPY 15.00 per share a year ago.
Upcoming Dividend • May 23Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 13 August 2024. Payout ratio is on the higher end at 98% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.3%).
お知らせ • Jan 12Pasona Group Inc. Provides Year-End Dividend Guidance for the Fiscal Year 2023Pasona Group Inc. provided year-end dividend guidance for the fiscal year 2023. For the period, the company expects to pay year-end dividend of JPY 35.00 per share compared to JPY 35.00 per share paid a year ago.
お知らせ • Jul 15+ 2 more updatesPasona Group Inc. Announces Dividend for the Year Ended May 31, 2023, Payable on August 10, 2023Pasona Group Inc. announced dividend for the year ended May 31, 2023. For the year, the company announced to pay a dividend of JPY 35.00 per share against JPY 30.00 per share paid a year ago, payable on August 10, 2023.
Upcoming Dividend • May 23Upcoming dividend of JP¥35.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 07 August 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%).
Reported Earnings • Jul 17Full year 2026 earnings released: JP¥90.04 loss per share (vs JP¥222 loss in FY 2025)Full year 2026 results: JP¥90.04 loss per share (improved from JP¥222 loss in FY 2025). Revenue: JP¥308.5b (flat on FY 2025). Net loss: JP¥3.39b (loss narrowed 61% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 26% 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.
お知らせ • Jul 15+ 3 more updatesPasona Group Inc., Annual General Meeting, Aug 28, 2026Pasona Group Inc., Annual General Meeting, Aug 28, 2026.
お知らせ • Jun 17Pasona Group Inc. to Report Fiscal Year 2026 Results on Jul 15, 2026Pasona Group Inc. announced that they will report fiscal year 2026 results on Jul 15, 2026
Board Change • May 21Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Outside Director Ryohei Miyata was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Mar 17Pasona Group Inc. to Report Q3, 2026 Results on Apr 14, 2026Pasona Group Inc. announced that they will report Q3, 2026 results on Apr 14, 2026
お知らせ • Jan 14Pasona Group Inc. Provides Earnings Guidance for the Full Year Ending May 31, 2026Pasona Group Inc. provided earnings guidance for the full year ending May 31, 2026. For the year, the company expected net sales of JPY 330,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 2,800 million and net profit per share of JPY 13.19.
お知らせ • Dec 13Pasona Group Inc. to Report Q2, 2026 Results on Jan 14, 2026Pasona Group Inc. announced that they will report Q2, 2026 results on Jan 14, 2026
お知らせ • Sep 14Pasona Group Inc. to Report Q1, 2026 Results on Oct 15, 2025Pasona Group Inc. announced that they will report Q1, 2026 results on Oct 15, 2025
お知らせ • Aug 22Pasona Group Inc. Announces Board and Board Committee Changes, Effective August 22, 2025Pasona Group Inc. announced that at the General Meeting of Shareholders held on August 22, 2025, directors were appointed, and at the subsequent Board of Directors Meeting, resolved to make the following executive appointments as of the same day. Members of the Board (Excluding Directors who are Audit and Supervisory Committee Members): Name, Current position, and Previous position: Hirotaka Wakamoto was appointed as Representative Director, Chairperson and CEO, previously serving as Representative Director, President and CEO. Shintaro Nakao was appointed as Representative Director, President and COO Representative Director & President of Pasona Inc., previously serving as Managing Executive Officer General Manager of the Group Sales General Headquarters, Representative Director & President of Pasona Inc. Junko Fukasawa was appointed as Director, Vice President and Executive Officer General Manager of the Pasona Way General Headquarters, responsible for the Social Contribution Department, with the same previous position. Kinuko Yamamoto was appointed as Director, Vice President and Executive Officer General Manager of the NATUREVERSE General Headquarters, with the same previous position. Makiya Nambu was appointed as Director, Vice President and Executive Officer General Manager of the Global Strategy General Headquarters, General Manager of the International Business Headquarters, previously serving as Director and Managing Executive Officer General Manager of the Global Strategy General Headquarters, General Manager of the International Business Headquarters. Directors who are Audit and Supervisory Committee Members: Name, Current position, and Previous position: Kazufumi Nomura was appointed as Director (Full-time Audit and Supervisory Committee Member) with the same previous position. Haruo Funabashi was appointed as Outside Director (Audit and Supervisory Committee Member/Independent Director)with the same previous position. Kazuo Furukawa was appointed as Outside Director (Audit and Supervisory Committee Member/Independent Director) with the same previous position. Ryohei Miyata was appointed as Outside Director (Audit and Supervisory Committee Member/Independent Director) with the same previous position. Yutaka Atomi was appointed as Outside Director (Audit and Supervisory Committee Member/Independent Director)with the same previous position.
お知らせ • Jul 15Pasona Group Inc., Annual General Meeting, Aug 22, 2025Pasona Group Inc., Annual General Meeting, Aug 22, 2025.
お知らせ • Jun 27Pasona Group Inc. Revises Consolidated Earnings Guidance for the Full Year Ending May 31, 2025Pasona Group Inc. revised consolidated earnings guidance for the full year ending May 31, 2025. For the year, the company expected net sales of JPY 309,200 million compared to previous guidance of JPY 320,000 million, operating loss of JPY 1,250 million compared to previous guidance operating profit of JPY 1,700 million, loss attributable to owners of parent of JPY 8,650 million compared to previous guidance of JPY 4,300 million. Reasons for Revision of Consolidated Business Forecasts for the Fiscal Year Ended May 31, 2025: In the current fiscal year, the company planned for a decrease in net sales from the previous fiscal year due to the discontinuation of the Outsourcing segment at the beginning of the current consolidated fiscal year as a result of the sale of shares in a consolidated subsidiary in the previous fiscal year, as well as the peak-out of large-scale BPO Solution projects. Under these circumstances, although we made progress in acquiring new BPO demand associated with productivity improvements and DX promotion at companies experiencing expanding demand, the acquisition of projects did not grow as much as expected toward the end of the fiscal year, and sales are expected to fall short of the previous forecast. In the Expert Solutions business, although the number of temporary workers exceeded the previous year's figures on a monthly basis from April onwards, it is unlikely to reach the previous forecast. These shortfalls in sales have affected profits, which are now expected to fall short of the previous forecast. Career Solutions are expected to exceed initial forecasts, but due to longer-than-expected employment decision periods in the reemployment support business, results are not expected to reach the previous forecast.
お知らせ • Jun 14Pasona Group Inc. to Report Fiscal Year 2025 Results on Jul 15, 2025Pasona Group Inc. announced that they will report fiscal year 2025 results on Jul 15, 2025
お知らせ • Mar 13Pasona Group Inc. to Report Q3, 2025 Results on Apr 14, 2025Pasona Group Inc. announced that they will report Q3, 2025 results on Apr 14, 2025
お知らせ • Jan 15Pasona Group Inc. (TSE:2168) announces an Equity Buyback for 2,000,000 shares, representing 4.97% for ¥5,000 million.Pasona Group Inc. (TSE:2168) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 4.97% of its issued share capital, for ¥5,000 million. The purpose of the program is further improving capital efficiency and implementing a flexible capital policy in response to the business environment. The repurchases will expire on January 14, 2026. As of January 14, 2025, the company had 40,250,996 shares issued (excluding treasury stock) and 1,439,304 shares.
お知らせ • Jan 14Pasona Group Inc. Revises Earnings Guidance for the Full Year Ending May 31, 2025Pasona Group Inc. revised earnings guidance for the full year ending May 31, 2025. For the year, the company expected net sales of JPY 320,000 million compared to JPY 330,000 million, operating profit of JPY 1,700 million compared to JPY 5,000 million, loss attributable to owners of parent of JPY 4,300 million compared to profit of JPY 1,300 million.
お知らせ • Dec 14Pasona Group Inc. to Report Q2, 2025 Results on Jan 14, 2025Pasona Group Inc. announced that they will report Q2, 2025 results on Jan 14, 2025
Buy Or Sell Opportunity • Nov 12Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to €11.80. The fair value is estimated to be €9.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 104%. Revenue is forecast to decline by 7.4% in a year. Earnings are forecast to decline by 98% in the next year.
Reported Earnings • Oct 17First quarter 2025 earnings released: JP¥30.47 loss per share (vs JP¥4.77 profit in 1Q 2024)First quarter 2025 results: JP¥30.47 loss per share (down from JP¥4.77 profit in 1Q 2024). Revenue: JP¥76.3b (down 15% from 1Q 2024). Net loss: JP¥1.19b (down JP¥1.38b from profit in 1Q 2024). Revenue is expected to decline by 3.1% p.a. on average during the next 2 years, while revenues in the Professional Services industry in Europe are expected to grow by 5.6%. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Board Change • Oct 08Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Outside Director Ryohei Miyata was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Sep 12Pasona Group Inc. to Report Q1, 2025 Results on Oct 15, 2024Pasona Group Inc. announced that they will report Q1, 2025 results on Oct 15, 2024
お知らせ • Aug 22Pasona Group Inc. Approves Board and Committee ChangesPasona Group Inc. announced that at the General Meeting of Shareholders and the Board of Directors Meeting held on August 22, 2024, resolved to make the following executive appointments. Members of the Board (Excluding Directors who are Audit and Supervisory Committee Members): Yasuyuki Nambu -Group CEO & President; Hirotaka Wakamoto- From Executive Officer & Vice President, Chief Operating Officer, General Manager of the Growth Strategy General Headquarters & General Manager of the Corporate Planning Headquarters to Executive Officer & Vice President, Chief Operating Officer, General Manager of the Corporate Planning Headquarters & General Manager of the Growth Strategy Headquarters; Junko Fukasawa- from Executive Officer & Vice President, General Manager of the Pasona Way General Headquarters, responsible for the Social Contribution Department to Executive Officer & Vice President, General Manager of the Pasona Way Headquarters, responsible for the Social Contribution Department; Kinuko Yamamoto- From Executive Officer & Vice President, General Manager of the NATUREVERSE General Headquarters to Executive Officer & Vice President, General Manager of the New Business Development Headquarters; Makiya Nambu: Managing Executive Officer & Director, General Manager of the International Business Headquarters & Deputy General Manager of the Corporate Planning Headquarters. Directors who are Audit and Supervisory Committee Members: Kazufumi Nomura -Director (Full-time Audit and Supervisory Committee Member), Haruo Funabashi- Outside Director (Audit and Supervisory Committee Member), Kazuo Furukawa - Outside Director (Audit and Supervisory Committee Member), Ryohei Miyata - Outside Director (Audit and Supervisory Committee Member), Yutaka Atomi - Outside Director (Audit and Supervisory Committee Member).
New Risk • Jul 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 2,342% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 141% per year for the foreseeable future. High level of non-cash earnings (2,342% accrual ratio).
Reported Earnings • Jul 15Full year 2024 earnings released: EPS: JP¥2,448 (vs JP¥156 in FY 2023)Full year 2024 results: EPS: JP¥2,448 (up from JP¥156 in FY 2023). Revenue: JP¥356.7b (down 4.3% from FY 2023). Net income: JP¥95.9b (up JP¥89.8b from FY 2023). Profit margin: 27% (up from 1.6% in FY 2023). Revenue is expected to decline by 8.1% p.a. on average during the next 2 years, while revenues in the Professional Services industry in Europe are expected to grow by 5.6%. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Jul 13Pasona Group Inc., Annual General Meeting, Aug 22, 2024Pasona Group Inc., Annual General Meeting, Aug 22, 2024.
お知らせ • Jul 12+ 3 more updatesPasona Group Inc. Provides Dividend Guidance for the Fiscal Year Ending May 31, 2025Pasona Group Inc. provided dividend guidance for the fiscal year ending May 31, 2025. for the year, the company expects dividend of JPY 75.00 per share against JPY 15.00 per share a year ago.
お知らせ • Jun 14Pasona Group Inc. to Report Fiscal Year 2024 Results on Jul 12, 2024Pasona Group Inc. announced that they will report fiscal year 2024 results on Jul 12, 2024
Upcoming Dividend • May 23Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 13 August 2024. Payout ratio is on the higher end at 98% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.3%).
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to €12.70, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 16x in the Professional Services industry in Europe. Total loss to shareholders of 11% over the past three years.
New Risk • Apr 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.2% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin).
Reported Earnings • Apr 14Third quarter 2024 earnings released: JP¥22.92 loss per share (vs JP¥30.99 profit in 3Q 2023)Third quarter 2024 results: JP¥22.92 loss per share (down from JP¥30.99 profit in 3Q 2023). Revenue: JP¥86.2b (down 7.6% from 3Q 2023). Net loss: JP¥898.0m (down 174% from profit in 3Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 5.6% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Mar 13Pasona Group Inc. to Report Q3, 2024 Results on Apr 12, 2024Pasona Group Inc. announced that they will report Q3, 2024 results on Apr 12, 2024
New Risk • Jan 27New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 36% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 36% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (1.0% net profit margin).
Reported Earnings • Jan 15Second quarter 2024 earnings released: JP¥1.07 loss per share (vs JP¥36.78 profit in 2Q 2023)Second quarter 2024 results: JP¥1.07 loss per share (down from JP¥36.78 profit in 2Q 2023). Revenue: JP¥89.4b (down 2.7% from 2Q 2023). Net loss: JP¥42.0m (down 103% from profit in 2Q 2023). Profit margin: 0% (down from 1.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Jan 12Pasona Group Inc. Provides Year-End Dividend Guidance for the Fiscal Year 2023Pasona Group Inc. provided year-end dividend guidance for the fiscal year 2023. For the period, the company expects to pay year-end dividend of JPY 35.00 per share compared to JPY 35.00 per share paid a year ago.
お知らせ • Dec 13Pasona Group Inc. to Report Q2, 2024 Results on Jan 12, 2024Pasona Group Inc. announced that they will report Q2, 2024 results on Jan 12, 2024
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €15.00, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Professional Services industry in Europe. Total returns to shareholders of 11% over the past year.
お知らせ • Nov 16M3, Inc. (TSE:2413) entered into a share tender agreement to acquire a 55% stake in Benefit One Inc. (TSE:2412) from Pasona Group Inc. (TSE:2168) and others for approximately ¥140 billion.M3, Inc. (TSE:2413) entered into a share tender agreement to acquire a 55% stake in Benefit One Inc. (TSE:2412) from Pasona Group Inc. (TSE:2168) and others for approximately ¥140 billion on November 14, 2023. The offer price is ¥1600 cash per share. The transaction is subject to minimum tender of 81,210,400 shares and maximum of 87,307,300 shares. The offer period will commence on November 15, 2023 and end on December 13, 2023.
New Risk • Nov 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 9.1% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.6% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.1% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin).
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 29%After last week's 29% share price gain to €11.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Professional Services industry in Europe. Total loss to shareholders of 16% over the past year.
Reported Earnings • Oct 15First quarter 2024 earnings released: EPS: JP¥4.77 (vs JP¥33.01 in 1Q 2023)First quarter 2024 results: EPS: JP¥4.77 (down from JP¥33.01 in 1Q 2023). Revenue: JP¥89.9b (down 2.4% from 1Q 2023). Net income: JP¥187.0m (down 86% from 1Q 2023). Profit margin: 0.2% (down from 1.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Professional Services industry in Europe.
お知らせ • Sep 15Pasona Group Inc. to Report Q1, 2024 Results on Oct 13, 2023Pasona Group Inc. announced that they will report Q1, 2024 results on Oct 13, 2023
お知らせ • Aug 25Pasona Group Inc. Appoints Yutaka Atomi as Outside Director (Audit and Supervisory Committee Member)Pasona Group Inc. approved to appoint Yutaka Atomi as Outside Director (Audit and Supervisory Committee Member).
New Risk • Jul 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 22% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 22% per year for the foreseeable future. High level of non-cash earnings (47% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.6% net profit margin).
New Risk • Jul 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.6% net profit margin).
Reported Earnings • Jul 16Full year 2023 earnings released: EPS: JP¥156 (vs JP¥220 in FY 2022)Full year 2023 results: EPS: JP¥156 (down from JP¥220 in FY 2022). Revenue: JP¥372.6b (up 1.8% from FY 2022). Net income: JP¥6.10b (down 29% from FY 2022). Profit margin: 1.6% (down from 2.4% in FY 2022). The decrease in margin was driven by higher expenses.
お知らせ • Jul 15+ 2 more updatesPasona Group Inc. Announces Dividend for the Year Ended May 31, 2023, Payable on August 10, 2023Pasona Group Inc. announced dividend for the year ended May 31, 2023. For the year, the company announced to pay a dividend of JPY 35.00 per share against JPY 30.00 per share paid a year ago, payable on August 10, 2023.
お知らせ • Jul 14Pasona Group Inc., Annual General Meeting, Aug 24, 2023Pasona Group Inc., Annual General Meeting, Aug 24, 2023.
お知らせ • Jun 15Pasona Group Inc. to Report Fiscal Year 2023 Results on Jul 14, 2023Pasona Group Inc. announced that they will report fiscal year 2023 results on Jul 14, 2023
Upcoming Dividend • May 23Upcoming dividend of JP¥35.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 07 August 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%).
Reported Earnings • Apr 16Third quarter 2023 earnings released: EPS: JP¥30.99 (vs JP¥64.21 in 3Q 2022)Third quarter 2023 results: EPS: JP¥30.99 (down from JP¥64.21 in 3Q 2022). Revenue: JP¥93.3b (up 5.6% from 3Q 2022). Net income: JP¥1.21b (down 52% from 3Q 2022). Profit margin: 1.3% (down from 2.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe.
Reported Earnings • Jan 15Second quarter 2023 earnings released: EPS: JP¥36.78 (vs JP¥59.24 in 2Q 2022)Second quarter 2023 results: EPS: JP¥36.78 (down from JP¥59.24 in 2Q 2022). Revenue: JP¥91.9b (up 1.5% from 2Q 2022). Net income: JP¥1.44b (down 38% from 2Q 2022). Profit margin: 1.6% (down from 2.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Professional Services industry in Europe.
お知らせ • Jan 14+ 1 more updatePasona Group Inc. Provides Dividend Guidance for the Year Ending May 31, 2023Pasona Group Inc. provided dividend guidance for the year ending May 31, 2023. For the year, the company expects dividend of JPY 35.00 per share against JPY 35.00 per share paid for the same period a year ago.
お知らせ • Dec 14Pasona Group Inc. to Report Q2, 2023 Results on Jan 13, 2023Pasona Group Inc. announced that they will report Q2, 2023 results on Jan 13, 2023
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Outside Director Haruo Funabashi was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 16First quarter 2023 earnings released: EPS: JP¥33.01 (vs JP¥63.39 in 1Q 2022)First quarter 2023 results: EPS: JP¥33.01 (down from JP¥63.39 in 1Q 2022). Revenue: JP¥92.1b (flat on 1Q 2022). Net income: JP¥1.29b (down 48% from 1Q 2022). Profit margin: 1.4% (down from 2.7% in 1Q 2022). Revenue is forecast to grow 4.8% 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 • Oct 15+ 1 more updatePasona Group Inc. Provides Dividend Guidance for the Fiscal Year Ending May 31, 2023Pasona Group Inc. provided dividend guidance of JPY 35 per share for the fiscal year ending May 31, 2023.
お知らせ • Sep 15Pasona Group Inc. to Report Q1, 2023 Results on Oct 14, 2022Pasona Group Inc. announced that they will report Q1, 2023 results on Oct 14, 2022
Board Change • Aug 08Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Ryohei Miyata was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 20Pasona Group Inc. Announces Notice of Change of DirectorsPasona Group Inc. has resolved the following changes based on the report of the Nominating and Compensation Committee at its Board of Director's meeting held on July 19, 2022. 1. Newly Appointed Candidate for Members of the Board Name: Makiya Nambu. As of the date of the Ordinary General Meeting of Shareholders in August 19, 2022: Managing Executive Officer & Director, General Manager of the International Business Headquarters & Deputy General Manager of the Corporate Planning Headquarters, Pasona Group Inc. Current: General Manager of the International Business Division. Date of Birth: Jul. 31, 1984. Apr. 2008: Joined Mitsubishi Corporation Jun. 2013: Joined Pasona Inc. Sep. 2018: Executive Officer, General Manager of the Global Business Division, Pasona Inc. Dec. 2018: General Manager of the International Business Division, Pasona Group Inc. (to present) Sep. 2021; Managing Executive Officer, General Manager of the Global Business Division, Pasona Inc. (to present). Retiring of Members of the Board: Name: Heizo Takenaka. Current: Chairman & Director, Pasona Group Inc.
お知らせ • Jul 16+ 3 more updatesPasona Group Inc. Declares Ordinary Dividend for the Year Ended May 31, 2022, Payable on August 5, 2022Pasona Group Inc. declared a ordinary dividend of ¥30.00 per share for the year ended May 31, 2022, the dividend payable on August 5, 2022.
お知らせ • Jul 15Pasona Group Inc., Annual General Meeting, Aug 19, 2022Pasona Group Inc., Annual General Meeting, Aug 19, 2022.
お知らせ • May 26+ 2 more updatesPasona Group Inc. to Report Fiscal Year 2022 Results on Jul 15, 2022Pasona Group Inc. announced that they will report fiscal year 2022 results on Jul 15, 2022
Reported Earnings • Apr 15Third quarter 2022 earnings released: EPS: JP¥64.21 (vs JP¥33.32 in 3Q 2021)Third quarter 2022 results: EPS: JP¥64.21 (up from JP¥33.32 in 3Q 2021). Revenue: JP¥88.4b (up 11% from 3Q 2021). Net income: JP¥2.51b (up 93% from 3Q 2021). Profit margin: 2.8% (up from 1.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.4%, compared to a 9.5% growth forecast for the industry in Germany.
お知らせ • Apr 15+ 1 more updatePasona Group Inc. Provides Dividend Guidance for the Fiscal Year 2021Pasona Group Inc. provided dividend guidance for the fiscal year 2021. For the period, the company expects dividend to be JPY 30 per share.
Reported Earnings • Jan 15Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥59.24 (up from JP¥5.47 in 2Q 2021). Revenue: JP¥90.6b (up 14% from 2Q 2021). Net income: JP¥2.32b (up JP¥2.11b from 2Q 2021). Profit margin: 2.6% (up from 0.3% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.9%, compared to a 9.2% growth forecast for the industry in Germany.
Reported Earnings • Jan 15Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥59.24 (up from JP¥5.47 in 2Q 2021). Revenue: JP¥90.6b (up 14% from 2Q 2021). Net income: JP¥2.32b (up JP¥2.11b from 2Q 2021). Profit margin: 2.6% (up from 0.3% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.9%, compared to a 9.2% growth forecast for the industry in Germany.
Reported Earnings • Oct 16First quarter 2022 earnings released: EPS JP¥63.39 (vs JP¥104 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥91.9b (up 7.2% from 1Q 2021). Net income: JP¥2.48b (down 39% from 1Q 2021). Profit margin: 2.7% (down from 4.7% in 1Q 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to €23.20, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 25x in the Professional Services industry in Europe.
Reported Earnings • Jul 18Full year 2021 earnings released: EPS JP¥173 (vs JP¥15.19 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥334.5b (up 2.9% from FY 2020). Net income: JP¥6.78b (up JP¥6.19b from FY 2020). Profit margin: 2.0% (up from 0.2% in FY 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Apr 16Third quarter 2021 earnings released: EPS JP¥33.32 (vs JP¥4.50 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥79.8b (up 2.1% from 3Q 2020). Net income: JP¥1.30b (up JP¥1.13b from 3Q 2020). Profit margin: 1.6% (up from 0.2% in 3Q 2020).
お知らせ • Mar 14Pasona Group Inc. to Report Q3, 2021 Results on Apr 13, 2021Pasona Group Inc. announced that they will report Q3, 2021 results on Apr 13, 2021
Reported Earnings • Jan 15Second quarter 2021 earnings released: EPS JP¥5.47The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥79.2b (down 3.0% from 2Q 2020). Net income: JP¥214.0m (down 38% from 2Q 2020). Profit margin: 0.3% (down from 0.4% in 2Q 2020). The decrease in margin was driven by lower revenue.