UT Group Co.,Ltd. (2146) AI Stock Analysis

• Market Cap: ¥110.09B
• Dividend Yield: 5.46%
• Average Volume (3M): 276.27K
• Price to Earnings (P/E): 19.6
• Beta (1Y): 0.96
• Revenue Growth: 13.16%
• EPS Growth: -40.17%
• Country: JP
• Employees: 58,855
• Sector: Industrials
• Sector Strength: 72
• Industry: Staffing & Employment Services
• EPS (TTM): 39.67
• Shares Outstanding: 39,902,683
• 10 Day Avg. Volume: 268,480
• 30 Day Avg. Volume: 276,273
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥2,934.00
• Price Target Upside: 5.09% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 81 Outperform
• Price Target: ¥2,934.00 ▲(5.09% Upside)

UT Group Co., Ltd. scores highly due to its strong financial performance and attractive valuation. The company's robust revenue growth, profitability, and low leverage contribute significantly to its financial health. While technical indicators are generally positive, caution is advised due to potential overbought conditions. The absence of recent earnings call data and corporate events does not impact the score.

UT Group Co.,Ltd. Business Overview & Revenue Model

Company Description

UT Group Co., Ltd. engages in the dispatch and outsourcing of permanent employees in the manufacturing, design and development, construction, and other sectors in Japan. The company offers factory operators, and design and development engineers dispatching services for manufacturing companies. It also provides worker dispatch, manufacturing outsourcing, business process outsourcing, personnel placement, and support for structural reform for corporate clients. The company was formerly known as UT Holdings Co., Ltd. and changed its name to UT Group Co., Ltd. in July 2015. The company was founded in 1995 and is headquartered in Tokyo, Japan.

How the Company Makes Money

The company makes money through its diverse range of staffing solutions. Key revenue streams include fees charged for temporary staffing services, which are based on a percentage of the salaries of the placed workers. Additionally, the company generates income from permanent placement services, where it receives a commission for successfully placing candidates in full-time positions, typically calculated as a percentage of the candidate's first-year salary. UT Group also earns revenue through its human resource outsourcing services, where businesses pay for the management of specific HR functions, allowing them to focus on core operations. Moreover, strategic partnerships with various companies help expand its client base, contributing to stable and recurring revenue.

UT Group Co.,Ltd. Financial Statement Overview

Summary

UT Group Co., Ltd. exhibits strong financial health with robust revenue growth and profitability, supported by a stable balance sheet and strong cash flow generation. While operational efficiency could be improved, the company maintains a low-risk financial profile with good liquidity and low leverage.

Income Statement

The company has demonstrated strong revenue growth with a significant increase from 2024 to 2025. Gross profit and net profit margins are healthy, indicating efficient cost management. However, a slight decline in EBIT margin suggests some operational challenges. Overall, the income statement reflects robust growth and profitability.

Balance Sheet

The balance sheet shows a solid equity base with a favorable debt-to-equity ratio, indicating low leverage. The equity ratio is strong, reflecting financial stability. However, the decrease in total assets over the years could be a concern if it continues. Overall, the balance sheet is stable with low financial risk.

Cash Flow

The company has shown impressive free cash flow growth, indicating strong cash generation capabilities. The operating cash flow to net income ratio is healthy, suggesting good cash conversion. However, fluctuations in investing and financing cash flows could pose potential risks. Overall, cash flow management appears strong with good liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	194.75B	194.75B	167.03B	170.63B	156.77B	115.13B
Gross Profit	31.64B	29.85B	30.44B	33.10B	27.77B	21.60B
EBITDA	16.23B	16.23B	11.39B	10.08B	6.53B	7.88B
Net Income	8.96B	8.96B	6.36B	3.83B	3.14B	4.30B
Balance Sheet
Total Assets	66.35B	66.35B	68.46B	71.63B	64.11B	52.67B
Cash, Cash Equivalents and Short-Term Investments	31.71B	31.71B	29.32B	31.97B	25.83B	25.27B
Total Debt	7.91B	7.91B	12.29B	16.42B	19.91B	11.72B
Total Liabilities	30.02B	30.02B	34.02B	41.70B	42.88B	32.47B
Stockholders Equity	34.99B	34.99B	33.23B	28.91B	20.35B	19.69B
Cash Flow
Free Cash Flow	0.00	5.62B	2.47B	10.49B	781.00M	6.37B
Operating Cash Flow	0.00	5.68B	3.99B	13.00B	2.28B	6.65B
Investing Cash Flow	0.00	5.87B	-210.00M	-2.14B	-6.30B	-2.41B
Financing Cash Flow	0.00	-9.14B	-6.43B	-4.75B	4.55B	2.61B

UT Group Co.,Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2792.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2146, the sentiment is Positive. The current price of 2792 is above the 20-day moving average (MA) of 2752.95, above the 50-day MA of 2661.38, and above the 200-day MA of 2269.19, indicating a bullish trend. The MACD of 30.78 indicates Positive momentum. The RSI at 63.03 is Neutral, neither overbought nor oversold. The STOCH value of 44.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2146.

UT Group Co.,Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2146	81 Outperform	¥110.09B	19.57	―	5.46%	13.16%	-40.17%
7088	77 Outperform	68.33B	23.21	22.33%	3.60%	10.29%	22.04%
4641	77 Outperform	47.51B	14.38	19.67%	3.17%	7.59%	13.69%
2124	76 Outperform	185.10B	24.96	31.01%	2.31%	19.22%	20.94%
4848	71 Outperform	62.19B	12.99	19.03%	3.48%	0.16%	-21.98%
2168	48 Neutral	82.82B	-9.92	-6.42%	0.68%	-13.31%	-109.06%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

UT Group Co.,Ltd. Corporate Events

UT Group Announces Progress in Stock Repurchase Program

UT Group Co., Ltd. has announced the status of its stock repurchase program, which was initially resolved by the Board of Directors on May 14, 2025. The company acquired 508,600 common shares for approximately 1.23 billion yen through the Tokyo Stock Exchange during June 2025. This move is part of a larger plan to acquire up to 1.5 million shares by August 8, 2025, with a total acquisition budget of up to 1.965 billion yen.

The most recent analyst rating on (JP:2146) stock is a Hold with a Yen1900.00 price target. To see the full list of analyst forecasts on UT Group Co.,Ltd. stock, see the JP:2146 Stock Forecast page.

UT Group’s Board Evaluation Confirms Effective Governance, Highlights Areas for Strategic Improvement

UT Group Co., Ltd. conducted its fourth evaluation of the effectiveness of its Board of Directors, following the Tokyo Stock Exchange’s Corporate Governance Code. The evaluation, which involved self-assessment by directors and audit members, confirmed that the Board is functioning appropriately across various areas, including management strategy, corporate ethics, and risk management. However, it highlighted the need for more in-depth discussions on strategic matters and the importance of aligning medium- and long-term strategies with business plans.

The most recent analyst rating on (JP:2146) stock is a Hold with a Yen1900.00 price target. To see the full list of analyst forecasts on UT Group Co.,Ltd. stock, see the JP:2146 Stock Forecast page.

UT Group Unveils Fifth Medium-Term Business Plan to Enhance Workforce Flexibility

UT Group Co., Ltd. has announced its Fifth Medium-Term Business Plan, which aims to address the changing demands of the labor market by investing in human capital and creating a flexible workstyle platform. This plan includes categorizing job seeker needs into four types and reorganizing business strategies accordingly, with a focus on building long-term partnerships with workers and enhancing service offerings. The company seeks to improve operational efficiency and market share in industries such as automotive and semiconductor by aligning its strategies with the needs of both job seekers and client companies.

The most recent analyst rating on (JP:2146) stock is a Hold with a Yen1900.00 price target. To see the full list of analyst forecasts on UT Group Co.,Ltd. stock, see the JP:2146 Stock Forecast page.

UT Group Announces Share Buyback to Boost Capital Efficiency

UT Group Co., Ltd. has announced a share buyback plan, aiming to repurchase up to 1.5 million common shares, representing 3.8% of its outstanding shares, for a maximum of 1,965 million yen. This move is part of their strategy to enhance capital efficiency and invest in human capital for sustainable growth, with acquisitions taking place on the Tokyo Stock Exchange from May 15 to August 8, 2025.

The most recent analyst rating on (JP:2146) stock is a Hold with a Yen1900.00 price target. To see the full list of analyst forecasts on UT Group Co.,Ltd. stock, see the JP:2146 Stock Forecast page.

UT Group Announces Increased Dividend Payout for FY3/2025

UT Group Co., Ltd. has announced an upward revision of its dividend forecast for FY3/2025, with a decision to distribute dividends from surplus due to higher-than-expected net income and lower exercise of stock acquisition rights. This strategic move reflects the company’s strong financial performance and commitment to returning value to shareholders, potentially enhancing its market position and investor confidence.

The most recent analyst rating on (JP:2146) stock is a Hold with a Yen1900.00 price target. To see the full list of analyst forecasts on UT Group Co.,Ltd. stock, see the JP:2146 Stock Forecast page.

UT Group Co., Ltd. Reports Increased Sales and Strategic Restructuring

UT Group Co., Ltd. reported a 16.6% increase in sales for the fiscal year ending March 31, 2025, despite a decline in operating and ordinary profits. The company plans to increase its dividend payout ratio to 100% for the next fiscal year, reflecting confidence in its future earnings potential. The financial results indicate a strategic restructuring, with significant changes in the scope of consolidation, suggesting a focus on optimizing operations and enhancing shareholder value.

The most recent analyst rating on (JP:2146) stock is a Hold with a Yen1900.00 price target. To see the full list of analyst forecasts on UT Group Co.,Ltd. stock, see the JP:2146 Stock Forecast page.