Announcement • Jun 10
Persol Holdings Co.,Ltd. to Report Q1, 2027 Results on Aug 07, 2026 Persol Holdings Co.,Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥19.42 (vs JP¥16.17 in FY 2025) Full year 2026 results: EPS: JP¥19.42 (up from JP¥16.17 in FY 2025). Revenue: JP¥1.56t (up 7.2% from FY 2025). Net income: JP¥42.7b (up 19% from FY 2025). Profit margin: 2.7% (up from 2.5% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • May 14
Persol Holdings Co.,Ltd., Annual General Meeting, Jun 23, 2026 Persol Holdings Co.,Ltd., Annual General Meeting, Jun 23, 2026. Announcement • Apr 29
Persol Holdings Co.,Ltd. to Report Fiscal Year 2026 Results on May 14, 2026 Persol Holdings Co.,Ltd. announced that they will report fiscal year 2026 results on May 14, 2026 Announcement • Dec 04
Persol Holdings Co.,Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Persol Holdings Co.,Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Announcement • Oct 02
Persol Holdings Co.,Ltd. (TSE:2181) acquired 85% stake in Gojob SAS from Kois Invest, Caisse des Dépôts et Consignations, Amundi Finance and others for ¥21.5 billion. Persol Holdings Co.,Ltd. (TSE:2181) acquired 85% stake in Gojob SAS from Kois Invest, Caisse des Dépôts et Consignations, Amundi Finance and others for ¥21.5 billion on October 1, 2025. A cash consideration of ¥21.55 billion will be paid by Persol Holdings Co.,Ltd. As part of consideration, ¥21.55 billion is paid towards common equity of Gojob SAS.
For the period ending December 31, 2024, Gojob SAS reported total revenue of ¥27.81 billion, operating loss of ¥503 million and EBITDA of ¥233 million. As of December 31, 2024, Gojob SAS reported total assets of ¥19.28 billion and net liabilities of ¥1.23 billion.
Persol Holdings Co.,Ltd. (TSE:2181) completed the acquisition of 85% stake in Gojob SAS from Kois Invest, Caisse des Dépôts et Consignations, Amundi Finance and others on October 1, 2025. Announcement • Sep 11
Persol Holdings Co.,Ltd. to Report Q2, 2026 Results on Nov 11, 2025 Persol Holdings Co.,Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Announcement • Jun 07
Persol Holdings Co.,Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Persol Holdings Co.,Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Announcement • May 13
Persol Holdings Co.,Ltd., Annual General Meeting, Jun 24, 2025 Persol Holdings Co.,Ltd., Annual General Meeting, Jun 24, 2025. Announcement • Mar 19
Persol Holdings Co.,Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Persol Holdings Co.,Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥3.74 (vs JP¥3.27 in 2Q 2024) Second quarter 2025 results: EPS: JP¥3.74 (up from JP¥3.27 in 2Q 2024). Revenue: JP¥356.8b (up 9.4% from 2Q 2024). Net income: JP¥8.43b (up 14% from 2Q 2024). Profit margin: 2.4% (up from 2.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to €1.78, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Professional Services industry in Europe. Total loss to shareholders of 7.3% over the past three years. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥4.50 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.2%). Declared Dividend • Jul 11
Final dividend of JP¥4.50 announced Shareholders will receive a dividend of JP¥4.50. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 351%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to €1.45, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Professional Services industry in Europe. Total loss to shareholders of 8.9% over the past three years. Reported Earnings • Jun 24
Full year 2024 earnings released: EPS: JP¥13.22 (vs JP¥8.96 in FY 2023) Full year 2024 results: EPS: JP¥13.22 (up from JP¥8.96 in FY 2023). Revenue: JP¥1.33t (up 8.4% from FY 2023). Net income: JP¥30.0b (up 46% from FY 2023). Profit margin: 2.3% (up from 1.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Jun 15
Persol Holdings Co.,Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Persol Holdings Co.,Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €1.50, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Professional Services industry in Europe. Total returns to shareholders of 6.0% over the past three years. Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥13.14 (vs JP¥8.96 in FY 2023) Full year 2024 results: EPS: JP¥13.14 (up from JP¥8.96 in FY 2023). Revenue: JP¥1.33t (up 8.4% from FY 2023). Net income: JP¥30.0b (up 46% from FY 2023). Profit margin: 2.3% (up from 1.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • May 15
Persol Holdings Co.,Ltd., Annual General Meeting, Jun 18, 2024 Persol Holdings Co.,Ltd., Annual General Meeting, Jun 18, 2024. Announcement • May 14
Persol Holdings Co.,Ltd. (TSE:2181) announces an Equity Buyback for 123,700,000 shares, representing 5.41% for ¥20,000 million. Persol Holdings Co.,Ltd. (TSE:2181) announces a share repurchase program. Under the program, the company will repurchase up to 123,700,000 shares, representing 5.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥20,000 million. The purpose of the program is to enhance shareholder returns. The program will continue through March 31, 2025. As of March 31, 2024, the company had 2,285,777,971 issued shares (excluding treasury stock) and 46,220,639 treasury shares. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥4.30 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 21 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.4%). Announcement • Mar 17
Persol Holdings Co.,Ltd. to Report Fiscal Year 2024 Results on May 13, 2024 Persol Holdings Co.,Ltd. announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: JP¥3.72 (vs JP¥3.65 in 3Q 2023) Third quarter 2024 results: EPS: JP¥3.72 (up from JP¥3.65 in 3Q 2023). Revenue: JP¥335.7b (up 6.5% from 3Q 2023). Net income: JP¥8.44b (flat on 3Q 2023). Profit margin: 2.5% (down from 2.7% in 3Q 2023). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Dec 17
Persol Holdings Co.,Ltd. to Report Q3, 2024 Results on Feb 14, 2024 Persol Holdings Co.,Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: JP¥326.2b (up 7.8% from 2Q 2023). Net income: JP¥7.40b (down 13% from 2Q 2023). Profit margin: 2.3% (down from 2.8% in 2Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Oct 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Upcoming Dividend • Sep 21
Upcoming dividend of JP¥43.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.6%). Announcement • Sep 17
Persol Holdings Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Persol Holdings Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: JP¥41.18 (vs JP¥44.68 in 1Q 2023) First quarter 2024 results: EPS: JP¥41.18 (down from JP¥44.68 in 1Q 2023). Revenue: JP¥328.7b (up 16% from 1Q 2023). Net income: JP¥9.37b (down 9.0% from 1Q 2023). Profit margin: 2.9% (down from 3.6% in 1Q 2023). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Professional Services industry in Europe. 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 8% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Aug 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.9%. The fair value is estimated to be €21.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings is also forecast to grow by 20% per annum over the same time period. Buying Opportunity • Jul 20
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 7.7%. The fair value is estimated to be €21.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings is also forecast to grow by 19% per annum over the same time period. Reported Earnings • Jun 25
Full year 2023 earnings released: EPS: JP¥89.60 (vs JP¥137 in FY 2022) Full year 2023 results: EPS: JP¥89.60 (down from JP¥137 in FY 2022). Revenue: JP¥1.22t (up 15% from FY 2022). Net income: JP¥20.6b (down 35% from FY 2022). Profit margin: 1.7% (down from 3.0% in FY 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Europe. Announcement • Jun 21
Persol Holdings Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Persol Holdings Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Buying Opportunity • Jun 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.4%. The fair value is estimated to be €21.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings is also forecast to grow by 19% per annum over the same time period. Announcement • May 17
Persol Holdings Co., Ltd., Annual General Meeting, Jun 20, 2023 Persol Holdings Co., Ltd., Annual General Meeting, Jun 20, 2023. Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥89.60 (vs JP¥137 in FY 2022) Full year 2023 results: EPS: JP¥89.60 (down from JP¥137 in FY 2022). Revenue: JP¥1.22t (up 15% from FY 2022). Net income: JP¥20.6b (down 35% from FY 2022). Profit margin: 1.7% (down from 3.0% in FY 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in Europe. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥21.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥36.49 (vs JP¥36.37 in 3Q 2022) Third quarter 2023 results: EPS: JP¥36.49. Revenue: JP¥315.3b (up 18% from 3Q 2022). Net income: JP¥8.37b (flat on 3Q 2022). Profit margin: 2.7% (down from 3.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe. Announcement • Dec 26
Persol Holdings Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Persol Holdings Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥36.84 (vs JP¥30.66 in 2Q 2022) Second quarter 2023 results: EPS: JP¥36.84 (up from JP¥30.66 in 2Q 2022). Revenue: JP¥302.6b (up 15% from 2Q 2022). Net income: JP¥8.49b (up 20% from 2Q 2022). Profit margin: 2.8% (up from 2.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in Europe. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥36.84 (vs JP¥30.66 in 2Q 2022) Second quarter 2023 results: EPS: JP¥36.84 (up from JP¥30.66 in 2Q 2022). Revenue: JP¥302.6b (up 15% from 2Q 2022). Net income: JP¥8.49b (up 20% from 2Q 2022). Profit margin: 2.8% (up from 2.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Europe. Announcement • Sep 23
Persol Holdings Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022 Persol Holdings Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.8%). Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥44.68 (vs JP¥36.88 in 1Q 2022) First quarter 2023 results: EPS: JP¥44.68 (up from JP¥36.88 in 1Q 2022). Revenue: JP¥284.1b (up 13% from 1Q 2022). Net income: JP¥10.3b (up 21% from 1Q 2022). Profit margin: 3.6% (up from 3.4% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.4%, compared to a 8.2% growth forecast for the industry in Germany. Announcement • Aug 11
Persol Holdings Co., Ltd. (TSE:2181) announces an Equity Buyback for 7,100,000 shares, representing 3.08% for ¥10,000 million. Persol Holdings Co., Ltd. (TSE:2181) announces a share repurchase program. Under the program, the company will repurchase up to 7,100,000 shares, representing 3.08% of its issued share capital (excluding treasury stock), for a total purchase price of ¥10,000 million. The purpose of the program is to enhance shareholder returns. The program will continue through March 31, 2023. As of June 30, 2022, the company had 230,574,847 issued shares (excluding treasury stock) and 6,130,014 treasury shares. Reported Earnings • Jun 26
Full year 2022 earnings released: EPS: JP¥137 (vs JP¥68.63 in FY 2021) Full year 2022 results: EPS: JP¥137 (up from JP¥68.63 in FY 2021). Revenue: JP¥1.06t (up 12% from FY 2021). Net income: JP¥31.5b (up 99% from FY 2021). Profit margin: 3.0% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.3%, compared to a 9.8% growth forecast for the industry in Germany. Announcement • Jun 25
Persol Holdings Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022 Persol Holdings Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 19
Full year 2022 earnings released Full year 2022 results: Revenue: JP¥1.06t (up 12% from FY 2021). Net income: JP¥31.5b (up 99% from FY 2021). Profit margin: 3.0% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.5%, compared to a 11% growth forecast for the industry in Germany. Announcement • May 15
Persol Holdings Co., Ltd., Annual General Meeting, Jun 21, 2022 Persol Holdings Co., Ltd., Annual General Meeting, Jun 21, 2022. Announcement • May 13
Persol Holdings Co., Ltd. acquired 95% stake in PersolKelly Pte. Ltd from Kelly Services, Inc. Persol Holdings Co., Ltd. (TSE:2181) agreed to acquire a 46.5% stake in PersolKelly Pte. Ltd from Kelly Services, Inc. (NasdaqGS:KELY.A) on February 14, 2022. Persol will apply cash on hand to the additional acquisition. As a result of transaction Persol will substantially increase the equity stake in PersolKelly to 97.5%. Even after the additional acquisition of the shares, the framework for collaboration with KSI will be maintained, and the service brand name, PersolKelly, will continue to be used. The transaction is planned to be completed on March 1, 2022.
Persol Holdings Co., Ltd. (TSE:2181) completed the acquisition of 95% stake in PersolKelly Pte. Ltd from Kelly Services, Inc. on May 12, 2022. Announcement • Apr 07
Persol Holdings Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Persol Holdings Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (2.2%). Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €19.10, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 22x in the Professional Services industry in Europe. Total returns to shareholders of 15% over the past year. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥36.37 (up from JP¥22.44 in 3Q 2021). Revenue: JP¥267.3b (up 12% from 3Q 2021). Net income: JP¥8.39b (up 62% from 3Q 2021). Profit margin: 3.1% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.2%, compared to a 9.4% growth forecast for the industry in Germany. Reported Earnings • Nov 13
Second quarter 2022 earnings released: EPS JP¥30.66 (vs JP¥12.87 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥262.4b (up 15% from 2Q 2021). Net income: JP¥7.06b (up 137% from 2Q 2021). Profit margin: 2.7% (up from 1.3% in 2Q 2021). The increase in margin was driven by higher revenue. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 09 December 2021. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.8%). Reported Earnings • Jun 27
Full year 2021 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥950.7b (down 2.0% from FY 2020). Net income: JP¥15.8b (up 108% from FY 2020). Profit margin: 1.7% (up from 0.8% in FY 2020). The increase in margin was driven by lower expenses. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥68.63 (vs JP¥32.76 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥950.7b (down 2.0% from FY 2020). Net income: JP¥15.8b (up 108% from FY 2020). Profit margin: 1.7% (up from 0.8% in FY 2020). The increase in margin was driven by lower expenses. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.1%). Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥22.44 (vs JP¥19.51 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥238.1b (down 1.7% from 3Q 2020). Net income: JP¥5.17b (up 14% from 3Q 2020). Profit margin: 2.2% (up from 1.9% in 3Q 2020). The increase in margin was driven by lower expenses. Analyst Estimate Surprise Post Earnings • Feb 14
Revenue beats expectations Revenue exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 2.9%, compared to a 6.0% growth forecast for the Professional Services industry in Germany. Is New 90 Day High Low • Feb 04
New 90-day high: €16.24 The company is up 20% from its price of €13.50 on 06 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.56 per share. Announcement • Dec 26
Persol Holdings Co., Ltd. to Report Q3, 2021 Results on Feb 12, 2021 Persol Holdings Co., Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 05
New 90-day high: €15.90 The company is up 22% from its price of €13.00 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.23 per share. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥12.87 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥227.5b (down 6.6% from 2Q 2020). Net income: JP¥2.97b (up JP¥13.6b from 2Q 2020). Profit margin: 1.3% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Analyst Estimate Surprise Post Earnings • Nov 11
Revenue beats expectations Revenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 1.2%, compared to a 1.3% growth forecast for the Professional Services industry in Germany. Is New 90 Day High Low • Nov 10
New 90-day high: €15.00 The company is up 16% from its price of €12.90 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.72 per share. Is New 90 Day High Low • Oct 19
New 90-day high: €14.50 The company is up 21% from its price of €12.00 on 21 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.37 per share. Announcement • Sep 27
Persol Holdings Co.,Ltd. to Report Q2, 2021 Results on Nov 10, 2020 Persol Holdings Co.,Ltd. announced that they will report Q2, 2021 results on Nov 10, 2020 