Open Up Group Maintains High Engineer Utilization Despite Slight January Headcount Decline

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

Open Up Group reported that its total domestic engineer headcount declined slightly to 24,257 at the end of January 2026, down 184 month-on-month, largely due to increased transfers to client companies, while the overall utilization rate eased 0.3 percentage points to a still-high 94.6 percent. Year-on-year, total engineers fell by 95 but the utilization rate improved by 1.4 points, indicating tighter deployment and sustained demand for its services despite modest staffing contraction.

In the core machinery, electric and IT segment, engineer numbers dipped by 106 month-on-month to 15,630 and utilization edged down to 95.3 percent, though both headcount and utilization rose versus a year earlier, underscoring structural growth in high-tech assignments. Construction engineers decreased by 78 month-on-month to 8,627 with utilization at 93.3 percent, yet utilization was 0.5 points higher than a year ago, suggesting Open Up Group is prioritizing productivity and billable placement rates across segments even as it fine-tunes workforce scale.

The most recent analyst rating on (JP:2154) stock is a Hold with a Yen2016.00 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. is a Japan-based engineering staffing and outsourcing provider listed on the Prime Market of the Tokyo Stock Exchange. The company supplies machinery, electric, IT and construction engineers to client companies across Japan, focusing on utilization efficiency and stable deployment of its large domestic engineer workforce.

Average Trading Volume: 216,244

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen167.1B

For detailed information about 2154 stock, go to TipRanks’ Stock Analysis page.