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Open Up Group Lifts Engineer Utilization Amid Mixed Headcount Trends

Story Highlights
  • Open Up Group increased overall domestic engineer utilization to 95.2% despite a slight reduction in total headcount.
  • Machinery, electrical and IT engineer utilization strengthened while construction staffing and utilization trended weaker year on year.
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Open Up Group Lifts Engineer Utilization Amid Mixed Headcount Trends

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The latest update is out from Open Up Group Inc. ( (JP:2154) ).

Open Up Group reported that its total pool of domestic engineers stood at 24,219 at the end of February 2026, with a utilization rate of 95.2%, marking a modest month‑on‑month decline in headcount but an improvement in deployment. Year on year, the group has reduced overall engineer numbers but lifted utilization by 1.2 percentage points, underscoring tighter resource management and solid demand for its services.

Machinery, electrical and IT engineers totaled 15,628, with utilization rising to 96.0%, as this segment expanded by 241 engineers over the year and posted a 2.3‑point utilization gain, indicating strong client demand in technical fields. Construction engineers fell to 8,591, with utilization at 93.8% and down from a year earlier, suggesting softer conditions or portfolio adjustments in construction even as the company continues to prioritize high productivity across its core engineering workforce.

The most recent analyst rating on (JP:2154) stock is a Buy with a Yen1896.00 price target. To see the full list of analyst forecasts on Open Up Group Inc. stock, see the JP:2154 Stock Forecast page.

More about Open Up Group Inc.

Open Up Group Inc., listed on the Tokyo Stock Exchange Prime Market, operates in the engineering staffing and outsourcing industry, supplying machinery, electrical, IT and construction engineers to corporate clients across Japan. The company’s business model depends heavily on maintaining high utilization rates for its domestic engineer workforce, reflecting the balance between client demand and available technical personnel.

Average Trading Volume: 236,591

Technical Sentiment Signal: Buy

Current Market Cap: Yen159B

For a thorough assessment of 2154 stock, go to TipRanks’ Stock Analysis page.

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