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

• Market Cap: ¥96.91B
• Dividend Yield: 8.44%
• Average Volume (3M): 244.55K
• Price to Earnings (P/E): 10.8
• Beta (1Y): 0.97
• Revenue Growth: 16.59%
• EPS Growth: 40.77%
• Country: JP
• Employees: 58,855
• Sector: Industrials
• Sector Strength: 89
• Industry: Staffing & Employment Services
• EPS (TTM): 16.29
• Shares Outstanding: 39,881,683
• 10 Day Avg. Volume: 204,950
• 30 Day Avg. Volume: 244,553
• PEG Ratio: N/A
• Price to Book (P/B): 2.90
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥2,950.00
• Price Target Upside: 21.40% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 86 Outperform
• Price Target: ¥2,893.00 ▲(19.05%Upside)

The stock of UT Group Co., Ltd. receives a strong score of 86 due to its solid financial performance, bullish technical indicators, and appealing valuation. The lack of current earnings call and corporate events data did not impact the score.

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

Company Description

UT Group Co., Ltd. (2146) is a Japan-based company primarily engaged in the human resources and staffing industry. The company operates within the manufacturing and technology sectors, providing comprehensive employment solutions, including temporary staffing, permanent placement, and outsourced services. UT Group Co., Ltd. serves a diverse range of industries, including electronics, automotive, and information technology, offering specialized workforce solutions that cater to the dynamic needs of its client base.

How the Company Makes Money

UT Group Co., Ltd. generates revenue primarily through its staffing and outsourcing services. The company earns income by placing temporary and permanent workers in client companies, charging fees based on the duration and type of employment. Additionally, UT Group provides outsourced services, where it manages specific business processes for its clients. This model allows the company to earn recurring revenue streams. The company may also have strategic partnerships with various corporations, enhancing its ability to provide tailored workforce solutions and expand its market reach, though specific partnership details are not provided.

UT Group Co.,Ltd. Financial Statement Overview

Summary

UT Group Co., Ltd. demonstrates strong financial health with significant revenue growth, efficient operations, and a strong balance sheet. Cash flow management is solid, though monitoring of gross profit trends and cash flow fluctuations is advisable.

Income Statement

UT Group Co.,Ltd. has shown strong revenue growth, with a significant increase from 2024 to 2025. The gross profit margin is healthy at approximately 15.33%, and the net profit margin improved to 4.60%. EBIT and EBITDA margins indicate efficient operations. However, there was a decrease in gross profit compared to 2024, which warrants monitoring.

Balance Sheet

The company maintains a solid balance sheet with a decreasing debt-to-equity ratio, now at approximately 0.23, indicating sound leverage management. The equity ratio stands at 52.74%, showing a robust equity base. Return on equity improved to 25.62%, reflecting effective use of shareholder funds.

Cash Flow

Operating cash flow to net income ratio is strong at 0.63, showing good cash generation relative to profits. The free cash flow to net income ratio is 0.63, indicating solid cash flow management. Free cash flow growth is robust, although there was a notable decrease in operating cash flow from 2023 to 2024.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	194.75B	167.03B	170.63B	156.77B	115.13B
Gross Profit	29.85B	30.44B	33.10B	27.77B	21.60B
EBITDA	16.23B	11.39B	10.15B	7.50B	8.00B
Net Income	8.96B	6.36B	3.83B	3.14B	4.30B
Balance Sheet
Total Assets	66.35B	68.46B	71.63B	64.11B	52.67B
Cash, Cash Equivalents and Short-Term Investments	31.71B	29.32B	31.97B	25.83B	25.27B
Total Debt	7.91B	12.29B	16.42B	19.91B	11.72B
Total Liabilities	30.02B	34.02B	41.70B	42.88B	32.47B
Stockholders Equity	34.99B	33.23B	28.91B	20.35B	19.69B
Cash Flow
Free Cash Flow	5.62B	2.47B	10.49B	781.00M	6.37B
Operating Cash Flow	5.68B	3.99B	13.00B	2.28B	6.65B
Investing Cash Flow	5.87B	-210.00M	-2.14B	-6.30B	-2.41B
Financing Cash Flow	-9.14B	-6.43B	-4.75B	4.55B	2.61B

UT Group Co.,Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2430.00
• 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 Neutral. The current price of 2430 is below the 20-day moving average (MA) of 2434.95, above the 50-day MA of 2387.30, and above the 200-day MA of 2181.64, indicating a neutral trend. The MACD of 25.58 indicates Positive momentum. The RSI at 52.60 is Neutral, neither overbought nor oversold. The STOCH value of 22.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	86 Outperform	¥96.91B	10.79		8.44%	16.59%	40.77%
2168	79 Outperform	¥81.47B	1.03	-6.30%	0.69%	-11.30%	6369.78%
7088	77 Outperform	¥62.36B	21.61		7.10%	10.90%	40.18%
2124	76 Outperform	¥170.62B	25.57		11.19%	17.37%	7.93%
4641	74 Outperform	¥44.81B	14.16		4.98%	7.65%	15.20%
4848	71 Outperform	¥56.16B	12.18		5.77%	-2.99%	-27.98%
Sector *	71 Outperform	¥255.75B	13.62	8.48%	4.48%	6.34%	13.16%

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.