Link and Motivation Future Growth
Future criteria checks 4/6
Link and Motivation is forecast to grow earnings and revenue by 31.3% and 9.8% per annum respectively while EPS is expected to grow by 31.4% per annum.
Key information
31.3%
Earnings growth rate
31.45%
EPS growth rate
| Professional Services earnings growth | 13.7% |
| Revenue growth rate | 9.8% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 25 Jun 2026 |
Recent future growth updates
Recent updates
Narrative Update • Jun 16
2170: Completed Share Buyback And Stable Margins Will Support Future Upside
Analysts have maintained their price target for Link and Motivation at ¥700, reflecting only minor adjustments to inputs such as discount rate, revenue growth assumptions, profit margin and future P/E that do not materially change their overall view. What's in the News Completed share buyback of 2,912,500 shares, representing 2.63% of shares, for ¥1,586.87 million.Narrative Update • Jun 01
2170: Share Repurchases And Rising Margins Will Support Attractive Future Upside
Analysts have kept their ¥700 price target for Link and Motivation unchanged, citing relatively steady fair value and growth assumptions, alongside a modestly lower future P/E and higher expected profit margin as key supporting factors. What's in the News Completed share buyback of 2,912,500 shares, equal to 2.63% of shares, for ¥1,586.87 million under the repurchase program announced on February 12, 2026.Narrative Update • Apr 17
2170: Share Repurchases Will Support Earnings Stability And Future Upside Potential
Analysts are keeping Link and Motivation's fair value estimate steady at ¥700, with only marginal tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions guiding this unchanged price target. What's in the News Board approves a share repurchase program announced on February 12, 2026, authorizing buybacks of up to 12,000,000 shares, or 10.82% of outstanding share capital, for up to ¥6,000 million, with the program running through August 31, 2026 (Key Developments).Narrative Update • Apr 03
2170: Share Repurchases And Stable Earnings Outlook Will Support Future Upside
Analysts have kept the price target for Link and Motivation steady at ¥700, citing only minor adjustments to the discount rate and expected future P/E that do not materially change their overall valuation view. What's in the News Link and Motivation completed a share repurchase of 2,912,500 shares, representing 2.63% of its share capital, for ¥1,586.87 million between February 12, 2026 and March 31, 2026, fully using the authorization announced on February 12, 2026 (company announcement).Narrative Update • Mar 20
2170: Share Buyback And Improved Profitability Assumptions Will Support Future Upside
Analysts have lifted their price target for Link and Motivation from ¥665 to ¥700, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E levels. What's in the News The Board of Directors authorized a share buyback plan on February 12, 2026, signaling intent to return capital to shareholders over a defined period (Buyback Transaction Announcements).Narrative Update • Mar 06
2170: Share Buyback Plan Will Support Future Capital Efficiency Upside
Analysts kept their price target for Link and Motivation steady at ¥665, reflecting largely unchanged assumptions around fair value, revenue growth, profit margins and future P/E, with only a modest adjustment to the discount rate and forward P/E input. What's in the News The Board of Directors authorized a share buyback plan on February 12, 2026, signaling an intention to return cash to shareholders via repurchases (Key Developments).
New Narrative • Mar 05
Human Capital And Engagement Trends Will Drive Strong Future Potential
Catalysts About Link and Motivation Link and Motivation provides consulting, cloud and related services that help organizations and individuals improve motivation, human capital management and matching between people and jobs. What are the underlying business or industry changes driving this perspective?Analysis Article • Feb 19
Link and Motivation's (TSE:2170) Soft Earnings Are Actually Better Than They Appear
Shareholders appeared unconcerned with Link and Motivation Inc.'s ( TSE:2170 ) lackluster earnings report last week...Narrative Update • Feb 19
2170: Share Repurchase Plan Will Drive Future Capital Efficiency Upside
Analysts have revised their price target for Link and Motivation from ¥770 to ¥665, citing updated assumptions around discount rates, revenue growth, profit margins, and forward P/E expectations. What's in the News The Board of Directors authorized a share buyback plan on February 12, 2026, signaling formal approval for repurchases to proceed (Key Developments).
New Narrative • Feb 19
Human Capital Management Shift And Recruitment Demand Will Support Fair Long Term Prospects
Catalysts About Link and Motivation Link and Motivation provides consulting, cloud and related services that help organizations and individuals improve human capital management, engagement and development outcomes. What are the underlying business or industry changes driving this perspective?Analysis Article • Sep 26
Link and Motivation's (TSE:2170) Upcoming Dividend Will Be Larger Than Last Year's
Link and Motivation Inc.'s ( TSE:2170 ) dividend will be increasing from last year's payment of the same period to...Analysis Article • Aug 18
Market Participants Recognise Link and Motivation Inc.'s (TSE:2170) Earnings Pushing Shares 28% Higher
TSE:2170 1 Year Share Price vs Fair Value Explore Link and Motivation's Fair Values from the Community and select yours...Analysis Article • Apr 29
Do Link and Motivation's (TSE:2170) Earnings Warrant Your Attention?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Apr 14
Link and Motivation Inc. (TSE:2170) Might Not Be As Mispriced As It Looks
With a median price-to-earnings (or "P/E") ratio of close to 12x in Japan, you could be forgiven for feeling...Analysis Article • Mar 26
Link and Motivation (TSE:2170) Is Paying Out A Larger Dividend Than Last Year
Link and Motivation Inc. ( TSE:2170 ) will increase its dividend from last year's comparable payment on the 25th of...
New Narrative • Jan 26
Motivation Cloud's International Expansion Will Strengthen Market Presence
Strong growth in the Consulting & Cloud business with international market expansion could boost revenues and operating income.Analysis Article • Aug 27
Earnings Tell The Story For Link and Motivation Inc. (TSE:2170) As Its Stock Soars 26%
Despite an already strong run, Link and Motivation Inc. ( TSE:2170 ) shares have been powering on, with a gain of 26...Analysis Article • Aug 05
Is Link and Motivation (TSE:2170) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 56,230 | 5,050 | N/A | N/A | 1 |
| 12/31/2027 | 51,670 | 4,330 | N/A | N/A | 1 |
| 12/31/2026 | 46,780 | 3,480 | N/A | N/A | 1 |
| 3/31/2026 | 42,840 | 1,742 | 4,952 | 5,675 | N/A |
| 12/31/2025 | 41,522 | 1,621 | 4,590 | 5,246 | N/A |
| 9/30/2025 | 40,209 | 3,716 | 5,170 | 5,902 | N/A |
| 6/30/2025 | 39,392 | 3,813 | 4,592 | 5,234 | N/A |
| 3/31/2025 | 38,521 | 3,912 | 4,824 | 5,614 | N/A |
| 12/31/2024 | 37,458 | 3,691 | 4,830 | 5,638 | N/A |
| 9/30/2024 | 36,347 | 3,506 | 3,435 | 4,145 | N/A |
| 6/30/2024 | 35,257 | 3,264 | 3,647 | 4,468 | N/A |
| 3/31/2024 | 34,268 | 2,945 | 3,448 | 4,141 | N/A |
| 12/31/2023 | 33,969 | 2,842 | 3,686 | 4,342 | N/A |
| 9/30/2023 | 33,429 | 2,016 | 3,982 | 4,759 | N/A |
| 6/30/2023 | 32,725 | 2,281 | 3,538 | 4,332 | N/A |
| 3/31/2023 | 32,837 | 2,039 | 2,841 | 3,661 | N/A |
| 12/31/2022 | 32,776 | 2,025 | 2,517 | 3,550 | N/A |
| 9/30/2022 | 29,727 | 1,653 | 2,390 | 3,563 | N/A |
| 6/30/2022 | 31,040 | 1,165 | 2,258 | 3,513 | N/A |
| 3/31/2022 | 31,629 | 1,163 | 2,446 | 3,793 | N/A |
| 12/31/2021 | 32,644 | 1,000 | 3,097 | 4,316 | N/A |
| 9/30/2021 | 36,538 | -601 | 3,840 | 4,866 | N/A |
| 6/30/2021 | 36,248 | -545 | 4,424 | 5,343 | N/A |
| 3/31/2021 | 34,895 | -1,121 | 3,420 | 4,333 | N/A |
| 12/31/2020 | 35,278 | -996 | 3,049 | 3,970 | N/A |
| 9/30/2020 | 35,681 | 722 | 2,430 | 3,355 | N/A |
| 6/30/2020 | 36,457 | 586 | 1,649 | 2,614 | N/A |
| 3/31/2020 | 38,347 | 1,256 | 2,503 | 3,549 | N/A |
| 12/31/2019 | 38,191 | 1,086 | N/A | 3,827 | N/A |
| 9/30/2019 | 38,632 | 1,128 | N/A | 3,251 | N/A |
| 6/30/2019 | 39,090 | 1,454 | N/A | 3,675 | N/A |
| 3/31/2019 | 39,488 | 1,595 | N/A | 3,433 | N/A |
| 12/31/2018 | 39,941 | 1,945 | N/A | 3,611 | N/A |
| 9/30/2018 | 39,688 | 2,564 | N/A | 3,298 | N/A |
| 6/30/2018 | 38,848 | 2,465 | N/A | 3,491 | N/A |
| 3/31/2018 | 37,780 | 2,244 | N/A | 3,327 | N/A |
| 12/31/2017 | 36,894 | 2,107 | N/A | 2,944 | N/A |
| 9/30/2017 | 35,662 | 1,689 | N/A | N/A | N/A |
| 6/30/2017 | 34,850 | 1,769 | N/A | 2,246 | N/A |
| 3/31/2017 | 34,364 | 1,603 | N/A | N/A | N/A |
| 12/31/2016 | 33,917 | 1,353 | N/A | 1,834 | N/A |
| 9/30/2016 | 33,747 | 876 | N/A | N/A | N/A |
| 6/30/2016 | 33,079 | 68 | N/A | 1,677 | N/A |
| 3/31/2016 | 32,539 | -174 | N/A | N/A | N/A |
| 12/31/2015 | 31,950 | -316 | N/A | 1,558 | N/A |
| 9/30/2015 | 31,818 | 653 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2170's forecast earnings growth (31.3% per year) is above the savings rate (0.9%).
Earnings vs Market: 2170's earnings (31.3% per year) are forecast to grow faster than the JP market (8.7% per year).
High Growth Earnings: 2170's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 2170's revenue (9.8% per year) is forecast to grow faster than the JP market (6% per year).
High Growth Revenue: 2170's revenue (9.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 2170's Return on Equity is forecast to be high in 3 years time
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/08 15:41 |
| End of Day Share Price | 2026/08/07 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Link and Motivation Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Toshihiro Katahiro | Marusan Securities Co. Ltd. |
| Jumpei Yoshida | Nomura Securities Co. Ltd. |
| null null | Storm Research Limited |