Pasona Group（2168）株式概要(株)パソナグループは、その子会社とともに、日本国内において、人材コンサルティング、人材紹介、人材派遣、教育、研修、請負・アウトソーシングなどの事業を展開している。 詳細2168 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長0/6過去の実績0/6財務の健全性4/6配当金3/6報酬当社が推定した公正価値より5.4%で取引されている リスク分析4.85%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない すべてのリスクチェックを見る2168 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW494,214 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG494,214 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥1.55k81.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-4b373b2016201920222025202620282031Revenue JP¥275.4bEarnings JP¥21.7bAdvancedSet Fair ValueView all narrativesPasona Group Inc. 競合他社enSymbol: TSE:4849Market cap: JP¥46.2bFullcast HoldingsSymbol: TSE:4848Market cap: JP¥56.8bLink and MotivationSymbol: TSE:2170Market cap: JP¥62.4bAltechSymbol: TSE:4641Market cap: JP¥47.4b価格と性能株価の高値、安値、推移の概要Pasona Group過去の株価現在の株価JP¥1,544.0052週高値JP¥2,411.0052週安値JP¥1,345.00ベータ1.181ヶ月の変化2.93%3ヶ月変化-18.31%1年変化-34.35%3年間の変化-11.01%5年間の変化-31.77%IPOからの変化56.49%最新ニュースお知らせ • 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, 2026Upcoming Dividend • May 21Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 10 August 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).Reported Earnings • Apr 15Third quarter 2026 earnings released: JP¥34.08 loss per share (vs JP¥61.38 loss in 3Q 2025)Third quarter 2026 results: JP¥34.08 loss per share (improved from JP¥61.38 loss in 3Q 2025). Revenue: JP¥74.9b (flat on 3Q 2025). Net loss: JP¥1.27b (loss narrowed 47% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.Buy Or Sell Opportunity • Apr 01Now 22% overvaluedOver the last 90 days, the stock has fallen 6.1% to JP¥1,901. The fair value is estimated to be JP¥1,561, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.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, 2026Buy Or Sell Opportunity • Feb 27Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.2% to JP¥2,049. The fair value is estimated to be JP¥1,696, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.最新情報をもっと見るRecent updates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, 2026Upcoming Dividend • May 21Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 10 August 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).Reported Earnings • Apr 15Third quarter 2026 earnings released: JP¥34.08 loss per share (vs JP¥61.38 loss in 3Q 2025)Third quarter 2026 results: JP¥34.08 loss per share (improved from JP¥61.38 loss in 3Q 2025). Revenue: JP¥74.9b (flat on 3Q 2025). Net loss: JP¥1.27b (loss narrowed 47% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.Buy Or Sell Opportunity • Apr 01Now 22% overvaluedOver the last 90 days, the stock has fallen 6.1% to JP¥1,901. The fair value is estimated to be JP¥1,561, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.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, 2026Buy Or Sell Opportunity • Feb 27Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.2% to JP¥2,049. The fair value is estimated to be JP¥1,696, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Feb 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.1% to JP¥2,029. The fair value is estimated to be JP¥1,670, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Jan 16Pasona Group (TSE:2168) Has Announced A Dividend Of ¥75.00Pasona Group Inc. ( TSE:2168 ) will pay a dividend of ¥75.00 on the 10th of August. This means the annual payment is...Declared Dividend • Jan 16Dividend of JP¥75.00 announcedDividend of JP¥75.00 is the same as last year. Ex-date: 28th May 2026 Payment date: 10th August 2026 Dividend yield will be 3.7%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time.Reported Earnings • Jan 15Second quarter 2026 earnings released: JP¥0.37 loss per share (vs JP¥65.52 loss in 2Q 2025)Second quarter 2026 results: JP¥0.37 loss per share (improved from JP¥65.52 loss in 2Q 2025). Revenue: JP¥77.6b (flat on 2Q 2025). Net loss: JP¥14.0m (loss narrowed 100% from 2Q 2025). Profit margin: 0% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.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.Buy Or Sell Opportunity • Dec 25Now 20% overvaluedOver the last 90 days, the stock has fallen 9.7% to JP¥1,987. The fair value is estimated to be JP¥1,650, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Meanwhile, the company became loss making.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, 2026Buy Or Sell Opportunity • Oct 27Now 20% overvaluedOver the last 90 days, the stock has fallen 3.9% to JP¥1,987. The fair value is estimated to be JP¥1,654, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Oct 16First quarter 2026 earnings released: JP¥15.89 loss per share (vs JP¥30.47 loss in 1Q 2025)First quarter 2026 results: JP¥15.89 loss per share (improved from JP¥30.47 loss in 1Q 2025). Revenue: JP¥77.0b (flat on 1Q 2025). Net loss: JP¥606.0m (loss narrowed 49% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.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.Reported Earnings • Jul 16Full year 2025 earnings released: JP¥222 loss per share (vs JP¥2,448 profit in FY 2024)Full year 2025 results: JP¥222 loss per share (down from JP¥2,448 profit in FY 2024). Revenue: JP¥309.2b (down 13% from FY 2024). Net loss: JP¥8.66b (down 109% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.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分析記事 • Jun 02The Market Doesn't Like What It Sees From Pasona Group Inc.'s (TSE:2168) Revenues YetPasona Group Inc.'s ( TSE:2168 ) price-to-sales (or "P/S") ratio of 0.3x may look like a pretty appealing investment...Upcoming Dividend • May 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 May 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 0.6% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (1.1%).分析記事 • Apr 15Here's Why Pasona Group (TSE:2168) Has Caught The Eye Of InvestorsThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Reported Earnings • Apr 15Third quarter 2025 earnings released: JP¥61.38 loss per share (vs JP¥22.92 loss in 3Q 2024)Third quarter 2025 results: JP¥61.38 loss per share (further deteriorated from JP¥22.92 loss in 3Q 2024). Revenue: JP¥75.0b (down 13% from 3Q 2024). Net loss: JP¥2.40b (loss widened 167% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.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分析記事 • Jan 21Pasona Group's (TSE:2168) Earnings Might Be Weaker Than You ThinkSolid profit numbers didn't seem to be enough to please Pasona Group Inc.'s ( TSE:2168 ) shareholders. Our analysis...Declared Dividend • Jan 16Dividend of JP¥75.00 announcedShareholders will receive a dividend of JP¥75.00. Ex-date: 29th May 2025 Payment date: 8th August 2025 Dividend yield will be 3.8%, which is higher than the industry average of 1.2%.Reported Earnings • Jan 15Second quarter 2025 earnings released: JP¥65.52 loss per share (vs JP¥1.07 loss in 2Q 2024)Second quarter 2025 results: JP¥65.52 loss per share (further deteriorated from JP¥1.07 loss in 2Q 2024). Revenue: JP¥77.6b (down 13% from 2Q 2024). Net loss: JP¥2.57b (loss widened JP¥2.53b from 2Q 2024). Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Professional Services industry in Japan are expected to grow by 5.8%. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.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.Buy Or Sell Opportunity • Dec 26Now 22% overvaluedOver the last 90 days, the stock has fallen 13% to JP¥1,991. The fair value is estimated to be JP¥1,637, 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.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 28Now 20% overvaluedOver the last 90 days, the stock has fallen 14% to JP¥1,955. The fair value is estimated to be JP¥1,627, 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.Buy Or Sell Opportunity • Nov 12Now 20% overvaluedOver the last 90 days, the stock has fallen 12% to JP¥1,969. The fair value is estimated to be JP¥1,640, 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 Japan are expected to grow by 6.0%. 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 12% 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).分析記事 • Aug 08Does Pasona Group (TSE:2168) Deserve A Spot On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...分析記事 • Jul 19Pasona Group (TSE:2168) Is Posting Solid Earnings, But It Is Not All Good NewsFollowing the release of a positive earnings report recently, Pasona Group Inc.'s ( TSE:2168 ) stock performed well...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 14Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull 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 exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 14%. 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 Japan are expected to grow by 5.9%. 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 5% 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 Japanese dividend payers (3.4%). Lower than average of industry peers (1.0%).New Risk • Apr 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 81% 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 Risk Earnings are forecast to decline by an average of 81% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin).分析記事 • Apr 16Pasona Group Inc. (TSE:2168) Shares Slammed 27% But Getting In Cheap Might Be Difficult RegardlessPasona Group Inc. ( TSE:2168 ) shareholders won't be pleased to see that the share price has had a very rough month...New Risk • Apr 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.6% 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 (6.6% 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 6.5% growth forecast for the Professional Services industry in Japan. 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 8% per year, which means it is well ahead of earnings.分析記事 • Mar 13Pasona Group's (TSE:2168) Dividend Will Be ¥35.00Pasona Group Inc.'s ( TSE:2168 ) investors are due to receive a payment of ¥35.00 per share on 10th of August. This...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分析記事 • Feb 26Pasona Group (TSE:2168) Has Affirmed Its Dividend Of ¥35.00Pasona Group Inc. ( TSE:2168 ) has announced that it will pay a dividend of ¥35.00 per share on the 10th of August...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 14Second 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 7.5% growth forecast for the Professional Services industry in Japan. 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 10% 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 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥2,473, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 18x in the Professional Services industry in Japan. Total returns to shareholders of 34% over the past three years.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 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.2% 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: 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 (7.2% 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 15Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥1,742, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Professional Services industry in Japan. Total returns to shareholders of 2.4% over the past three years.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 8.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.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: EPS exceeds analyst expectationsFull 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. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.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 Japanese dividend payers (3.5%). Higher than average of industry peers (1.2%).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 7.4% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 14Second 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 10% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.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 17First 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 11% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 17Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥220 (up from JP¥173 in FY 2021). Revenue: JP¥366.1b (up 9.4% from FY 2021). Net income: JP¥8.62b (up 27% from FY 2021). Profit margin: 2.4% (up from 2.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 7.7%. Over the next year, revenue is forecast to grow 5.4%, compared to a 15% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 06 August 2022. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.0%).Board Change • Apr 27Less 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.Reported Earnings • Apr 15Third quarter 2022 earnings: EPS exceeds analyst expectationsThird 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. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 8.4%, compared to a 12% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 16Second quarter 2022 earnings: EPS exceeds 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. Earnings per share (EPS) surpassed analyst estimates by 13%. Earnings per share (EPS) surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 8.9%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.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. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥3,095, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Professional Services industry in Japan. Total returns to shareholders of 94% over the past three years.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. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 06 August 2021. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (0.8%).Major Estimate Revision • Apr 21Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from JP¥349.1b to JP¥332.2b. EPS estimate rose from JP¥96.86 to JP¥154. Net income forecast to shrink 4.0% next year vs 15% growth forecast for Professional Services industry in Japan . Consensus price target of JP¥1,000 unchanged from last update. Share price rose 5.7% to JP¥2,055 over the past week.Reported Earnings • Apr 15Third 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). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 26New 90-day low: JP¥1,791The company is down 4.0% from its price of JP¥1,869 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥8,570 per share.Major Estimate Revision • Jan 22Analysts update estimatesThe 2021 consensus revenue estimate was lowered from JP¥376.0b to JP¥349.1b. Earnings per share (EPS) increased from JP¥71.60 to JP¥96.86 for the same period. Net income is expected to shrink by 13% next year compared to 8.9% growth forecast for the Professional Services industry in Japan . The consensus price target of JP¥1,000 was unchanged from the last update. Share price is down by 2.5% to JP¥1,880 over the past week.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. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.株主還元2168JP Professional ServicesJP 市場7D1.8%2.2%-0.9%1Y-34.4%28.1%42.9%株主還元を見る業界別リターン: 2168過去 1 年間で28.1 % の収益を上げたJP Professional Services業界を下回りました。リターン対市場: 2168は、過去 1 年間で42.9 % のリターンを上げたJP市場を下回りました。価格変動Is 2168's price volatile compared to industry and market?2168 volatility2168 Average Weekly Movement5.1%Professional Services Industry Average Movement3.7%Market Average Movement4.2%10% most volatile stocks in JP Market9.3%10% least volatile stocks in JP Market2.1%安定した株価: 2168 、 JP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: 2168の 週次ボラティリティ ( 5% ) 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19768,894Hirotaka Wakamotowww.pasonagroup.co.jp(株)パソナグループは、子会社とともに、日本国内において人材コンサルティング、人材紹介、人材派遣、教育・研修、請負・アウトソーシングなどの事業を展開しています。エキスパートサービス、人材紹介、キャリア支援サービスなどの人事・BPOソリューション、ビジネスプロセスアウトソーシング、パブリックソリューション、DX推進サービス、経営・人事コンサルティング、リスキルアップ・ビジネス研修・次世代リーダー研修、健康経営推進支援サービスなどを提供。また、育児支援、幼児・児童教育・人材育成、介護施設運営、仕事と介護の両立支援、家事代行サービスなども提供している。また、人材派遣、人材紹介、エグゼクティブサーチ、ジョブエクスポ、海外赴任者給与計算、給与規定整備、グローバル人事制度・評価制度・就業規則整備、海外拠点拡大支援・業務改善提案、メンタルヘルスケア、健康管理支援、福利厚生サービスなども提供している。さらに、地域活性化事業、観光事業、レストラン・カフェ事業、保養所事業、農業事業、芸術・文化・エンターテイメント事業、教育コミュニティ事業なども手掛けている。同社は1976年に設立され、東京に本社を置いている。もっと見るPasona Group Inc. 基礎のまとめPasona Group の収益と売上を時価総額と比較するとどうか。2168 基礎統計学時価総額JP¥57.22b収益（TTM）-JP¥4.39b売上高(TTM)JP¥309.80b0.2xP/Sレシオ-13.1xPER（株価収益率2168 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2168 損益計算書（TTM）収益JP¥309.80b売上原価JP¥240.00b売上総利益JP¥69.80bその他の費用JP¥74.18b収益-JP¥4.39b直近の収益報告Feb 28, 2026次回決算日Jul 15, 2026一株当たり利益（EPS）-117.48グロス・マージン22.53%純利益率-1.42%有利子負債／自己資本比率29.0%2168 の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.9%現在の配当利回り-13%配当性向2168 配当は確実ですか？2168 配当履歴とベンチマークを見る2168 、いつまでに購入すれば配当金を受け取れますか？Pasona Group 配当日配当落ち日May 28 2026配当支払日Aug 10 2026配当落ちまでの日数47 days配当支払日までの日数27 days2168 配当は確実ですか？2168 配当履歴とベンチマークを見る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2026/07/13 16:03終値2026/07/13 00:00収益2026/02/28年間収益2025/05/31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 • 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
Upcoming Dividend • May 21Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 10 August 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).
Reported Earnings • Apr 15Third quarter 2026 earnings released: JP¥34.08 loss per share (vs JP¥61.38 loss in 3Q 2025)Third quarter 2026 results: JP¥34.08 loss per share (improved from JP¥61.38 loss in 3Q 2025). Revenue: JP¥74.9b (flat on 3Q 2025). Net loss: JP¥1.27b (loss narrowed 47% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.
Buy Or Sell Opportunity • Apr 01Now 22% overvaluedOver the last 90 days, the stock has fallen 6.1% to JP¥1,901. The fair value is estimated to be JP¥1,561, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.
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
Buy Or Sell Opportunity • Feb 27Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.2% to JP¥2,049. The fair value is estimated to be JP¥1,696, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.
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
Upcoming Dividend • May 21Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 10 August 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).
Reported Earnings • Apr 15Third quarter 2026 earnings released: JP¥34.08 loss per share (vs JP¥61.38 loss in 3Q 2025)Third quarter 2026 results: JP¥34.08 loss per share (improved from JP¥61.38 loss in 3Q 2025). Revenue: JP¥74.9b (flat on 3Q 2025). Net loss: JP¥1.27b (loss narrowed 47% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.
Buy Or Sell Opportunity • Apr 01Now 22% overvaluedOver the last 90 days, the stock has fallen 6.1% to JP¥1,901. The fair value is estimated to be JP¥1,561, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.
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
Buy Or Sell Opportunity • Feb 27Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.2% to JP¥2,049. The fair value is estimated to be JP¥1,696, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Feb 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.1% to JP¥2,029. The fair value is estimated to be JP¥1,670, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Jan 16Pasona Group (TSE:2168) Has Announced A Dividend Of ¥75.00Pasona Group Inc. ( TSE:2168 ) will pay a dividend of ¥75.00 on the 10th of August. This means the annual payment is...
Declared Dividend • Jan 16Dividend of JP¥75.00 announcedDividend of JP¥75.00 is the same as last year. Ex-date: 28th May 2026 Payment date: 10th August 2026 Dividend yield will be 3.7%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time.
Reported Earnings • Jan 15Second quarter 2026 earnings released: JP¥0.37 loss per share (vs JP¥65.52 loss in 2Q 2025)Second quarter 2026 results: JP¥0.37 loss per share (improved from JP¥65.52 loss in 2Q 2025). Revenue: JP¥77.6b (flat on 2Q 2025). Net loss: JP¥14.0m (loss narrowed 100% from 2Q 2025). Profit margin: 0% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
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.
Buy Or Sell Opportunity • Dec 25Now 20% overvaluedOver the last 90 days, the stock has fallen 9.7% to JP¥1,987. The fair value is estimated to be JP¥1,650, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Meanwhile, the company became loss making.
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
Buy Or Sell Opportunity • Oct 27Now 20% overvaluedOver the last 90 days, the stock has fallen 3.9% to JP¥1,987. The fair value is estimated to be JP¥1,654, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Oct 16First quarter 2026 earnings released: JP¥15.89 loss per share (vs JP¥30.47 loss in 1Q 2025)First quarter 2026 results: JP¥15.89 loss per share (improved from JP¥30.47 loss in 1Q 2025). Revenue: JP¥77.0b (flat on 1Q 2025). Net loss: JP¥606.0m (loss narrowed 49% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
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.
Reported Earnings • Jul 16Full year 2025 earnings released: JP¥222 loss per share (vs JP¥2,448 profit in FY 2024)Full year 2025 results: JP¥222 loss per share (down from JP¥2,448 profit in FY 2024). Revenue: JP¥309.2b (down 13% from FY 2024). Net loss: JP¥8.66b (down 109% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
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
分析記事 • Jun 02The Market Doesn't Like What It Sees From Pasona Group Inc.'s (TSE:2168) Revenues YetPasona Group Inc.'s ( TSE:2168 ) price-to-sales (or "P/S") ratio of 0.3x may look like a pretty appealing investment...
Upcoming Dividend • May 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 May 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 0.6% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (1.1%).
分析記事 • Apr 15Here's Why Pasona Group (TSE:2168) Has Caught The Eye Of InvestorsThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Reported Earnings • Apr 15Third quarter 2025 earnings released: JP¥61.38 loss per share (vs JP¥22.92 loss in 3Q 2024)Third quarter 2025 results: JP¥61.38 loss per share (further deteriorated from JP¥22.92 loss in 3Q 2024). Revenue: JP¥75.0b (down 13% from 3Q 2024). Net loss: JP¥2.40b (loss widened 167% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
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
分析記事 • Jan 21Pasona Group's (TSE:2168) Earnings Might Be Weaker Than You ThinkSolid profit numbers didn't seem to be enough to please Pasona Group Inc.'s ( TSE:2168 ) shareholders. Our analysis...
Declared Dividend • Jan 16Dividend of JP¥75.00 announcedShareholders will receive a dividend of JP¥75.00. Ex-date: 29th May 2025 Payment date: 8th August 2025 Dividend yield will be 3.8%, which is higher than the industry average of 1.2%.
Reported Earnings • Jan 15Second quarter 2025 earnings released: JP¥65.52 loss per share (vs JP¥1.07 loss in 2Q 2024)Second quarter 2025 results: JP¥65.52 loss per share (further deteriorated from JP¥1.07 loss in 2Q 2024). Revenue: JP¥77.6b (down 13% from 2Q 2024). Net loss: JP¥2.57b (loss widened JP¥2.53b from 2Q 2024). Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Professional Services industry in Japan are expected to grow by 5.8%. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
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.
Buy Or Sell Opportunity • Dec 26Now 22% overvaluedOver the last 90 days, the stock has fallen 13% to JP¥1,991. The fair value is estimated to be JP¥1,637, 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.
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 28Now 20% overvaluedOver the last 90 days, the stock has fallen 14% to JP¥1,955. The fair value is estimated to be JP¥1,627, 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.
Buy Or Sell Opportunity • Nov 12Now 20% overvaluedOver the last 90 days, the stock has fallen 12% to JP¥1,969. The fair value is estimated to be JP¥1,640, 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 Japan are expected to grow by 6.0%. 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 12% 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).
分析記事 • Aug 08Does Pasona Group (TSE:2168) Deserve A Spot On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
分析記事 • Jul 19Pasona Group (TSE:2168) Is Posting Solid Earnings, But It Is Not All Good NewsFollowing the release of a positive earnings report recently, Pasona Group Inc.'s ( TSE:2168 ) stock performed well...
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 14Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull 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 exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 14%. 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 Japan are expected to grow by 5.9%. 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 5% 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 Japanese dividend payers (3.4%). Lower than average of industry peers (1.0%).
New Risk • Apr 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 81% 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 Risk Earnings are forecast to decline by an average of 81% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin).
分析記事 • Apr 16Pasona Group Inc. (TSE:2168) Shares Slammed 27% But Getting In Cheap Might Be Difficult RegardlessPasona Group Inc. ( TSE:2168 ) shareholders won't be pleased to see that the share price has had a very rough month...
New Risk • Apr 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.6% 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 (6.6% 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 6.5% growth forecast for the Professional Services industry in Japan. 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 8% per year, which means it is well ahead of earnings.
分析記事 • Mar 13Pasona Group's (TSE:2168) Dividend Will Be ¥35.00Pasona Group Inc.'s ( TSE:2168 ) investors are due to receive a payment of ¥35.00 per share on 10th of August. This...
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
分析記事 • Feb 26Pasona Group (TSE:2168) Has Affirmed Its Dividend Of ¥35.00Pasona Group Inc. ( TSE:2168 ) has announced that it will pay a dividend of ¥35.00 per share on the 10th of August...
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 14Second 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 7.5% growth forecast for the Professional Services industry in Japan. 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 10% 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 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥2,473, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 18x in the Professional Services industry in Japan. Total returns to shareholders of 34% over the past three years.
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 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.2% 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: 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 (7.2% 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 15Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥1,742, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Professional Services industry in Japan. Total returns to shareholders of 2.4% over the past three years.
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 8.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
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: EPS exceeds analyst expectationsFull 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. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
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 Japanese dividend payers (3.5%). Higher than average of industry peers (1.2%).
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 7.4% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 14Second 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 10% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
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 17First 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 11% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 17Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥220 (up from JP¥173 in FY 2021). Revenue: JP¥366.1b (up 9.4% from FY 2021). Net income: JP¥8.62b (up 27% from FY 2021). Profit margin: 2.4% (up from 2.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 7.7%. Over the next year, revenue is forecast to grow 5.4%, compared to a 15% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 06 August 2022. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.0%).
Board Change • Apr 27Less 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.
Reported Earnings • Apr 15Third quarter 2022 earnings: EPS exceeds analyst expectationsThird 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. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 8.4%, compared to a 12% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 16Second quarter 2022 earnings: EPS exceeds 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. Earnings per share (EPS) surpassed analyst estimates by 13%. Earnings per share (EPS) surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 8.9%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
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. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥3,095, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Professional Services industry in Japan. Total returns to shareholders of 94% over the past three years.
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. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 06 August 2021. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (0.8%).
Major Estimate Revision • Apr 21Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from JP¥349.1b to JP¥332.2b. EPS estimate rose from JP¥96.86 to JP¥154. Net income forecast to shrink 4.0% next year vs 15% growth forecast for Professional Services industry in Japan . Consensus price target of JP¥1,000 unchanged from last update. Share price rose 5.7% to JP¥2,055 over the past week.
Reported Earnings • Apr 15Third 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). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 26New 90-day low: JP¥1,791The company is down 4.0% from its price of JP¥1,869 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥8,570 per share.
Major Estimate Revision • Jan 22Analysts update estimatesThe 2021 consensus revenue estimate was lowered from JP¥376.0b to JP¥349.1b. Earnings per share (EPS) increased from JP¥71.60 to JP¥96.86 for the same period. Net income is expected to shrink by 13% next year compared to 8.9% growth forecast for the Professional Services industry in Japan . The consensus price target of JP¥1,000 was unchanged from the last update. Share price is down by 2.5% to JP¥1,880 over the past week.
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. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
