UT Group Co.,Ltd. (JP:2146)
:2146
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UT Group Co.,Ltd.
(2146)
Select Model
Select Model
Rating:79Outperform
Price Target:
¥229.00
▲(15.08% Upside)
Action:ReiteratedDate:10/22/25
UT Group Co., Ltd. demonstrates strong financial performance with robust revenue growth and profitability, supported by a stable balance sheet and strong cash flow. The technical analysis indicates a positive trend, and the stock offers a good dividend yield, making it an attractive investment. The absence of earnings call data and corporate events does not impact the overall score significantly.
Positive Factors
Durable Staffing Business Model
UT Group’s core staffing and worker-dispatch model generates recurring fee-based revenue tied to ongoing manufacturing operations. A large employee base (58,855) and diversified HR services create durable client relationships and predictable cash inflows that support stability and planning over quarters.
Negative Factors
Earnings Volatility
A sharp reported EPS decline (>30%) signals earnings volatility or one-off pressures that reduce retained earnings and managerial optionality. Persistent EPS weakness would strain cash available for reinvestment and dividends, and could indicate structural margin or demand issues.
Read all positive and negative factors
Positive Factors
Negative Factors
Durable Staffing Business Model
UT Group’s core staffing and worker-dispatch model generates recurring fee-based revenue tied to ongoing manufacturing operations. A large employee base (58,855) and diversified HR services create durable client relationships and predictable cash inflows that support stability and planning over quarters.
Read all positive factors
UT Group Co.,Ltd. (2146) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥115.79B
Dividend Yield7.51%
Average Volume (3M)257.81K
Price to Earnings (P/E)13.5
Beta (1Y)0.90
Revenue Growth8.28%
EPS Growth-36.32%
CountryJP
Employees58,855
SectorIndustrials
Sector Strength72
IndustryStaffing & Employment Services
Share Statistics
EPS (TTM)3.69
Shares Outstanding599,948,700
10 Day Avg. Volume397,440
30 Day Avg. Volume257,806
Financial Highlights & Ratios
PEG Ratio0.22
Price to Book (P/B)2.32
Price to Sales (P/S)0.42
P/FCF Ratio14.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)12.04
Revenue Forecast (FY)¥173.17B
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 di...
How the Company Makes Money
UT Group primarily makes money by charging client companies for workforce solutions. Its core revenue stream is fees from staffing/worker dispatch (haken) and related manufacturing-site employment services, where UT Group recruits and employs work...
UT Group Co.,Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 192.34B | 194.75B | 167.03B | 170.63B | 156.77B | 115.13B |
| Gross Profit | 32.01B | 29.85B | 30.44B | 33.10B | 27.77B | 21.60B |
| EBITDA | 10.76B | 16.23B | 11.39B | 10.08B | 6.53B | 7.88B |
| Net Income | 5.58B | 8.96B | 6.36B | 3.83B | 3.14B | 4.30B |
Balance Sheet | ||||||
| Total Assets | 65.28B | 66.35B | 68.46B | 71.63B | 64.11B | 52.67B |
| Cash, Cash Equivalents and Short-Term Investments | 31.00B | 31.71B | 29.32B | 31.97B | 25.83B | 25.27B |
| Total Debt | 12.09B | 7.91B | 12.29B | 16.42B | 19.91B | 11.72B |
| Total Liabilities | 32.58B | 30.02B | 34.01B | 41.70B | 42.87B | 32.47B |
| Stockholders Equity | 31.35B | 34.99B | 33.23B | 28.91B | 20.35B | 19.69B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 5.62B | 3.95B | 12.94B | 2.23B | 6.48B |
| 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
Negative
199.00
Price Trends
200.41
Negative
195.50
Negative
182.48
Positive
Market Momentum
-0.95
Negative
43.04
Neutral
40.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2146, the sentiment is Negative. The current price of 199 is above the 20-day moving average (MA) of 196.13, below the 50-day MA of 200.41, and above the 200-day MA of 182.48, indicating a neutral trend. The MACD of -0.95 indicates Negative momentum. The RSI at 43.04 is Neutral, neither overbought nor oversold. The STOCH value of 40.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2146.
UT Group Co.,Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
85 Outperform | ¥246.22B | 16.33 | 28.98% | 5.57% | 4.09% | 17.10% | |
83 Outperform | ¥89.03B | 29.69 | ― | 3.53% | 9.97% | 22.68% | |
79 Outperform | ¥115.79B | 13.47 | ― | 7.51% | 8.28% | -36.32% | |
73 Outperform | ¥9.66T | 21.38 | 27.29% | 0.27% | 1.23% | 26.94% | |
66 Neutral | ¥542.85B | 15.57 | 19.18% | 3.59% | 6.95% | 13.63% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
42 Neutral | ¥73.79B | -1,275.30 | -6.02% | 0.77% | -9.70% | -108.59% |
* Industrials Sector Average
JP:2146
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UT Group Co.,Ltd. Corporate Events
UT Group Accelerates Share Buybacks Under ¥635 Million Authorization
Apr 2, 2026
UT Group Co., Ltd. has reported progress on its share repurchase program authorized by its board in February 2026, acquiring 1,567,300 common shares on the Tokyo Stock Exchange in March for a total of ¥313,155,800. As of March 31, 2026, cumul...
UT Group Reports Progress on Share Buyback Program
Mar 3, 2026
UT Group Co., Ltd. has disclosed the status of its share repurchase program authorized by its board on February 12, 2026, reporting that it bought back 432,700 common shares for a total of 88,836,900 yen on the Tokyo Stock Exchange between Februar...
UT Group Boosts Q3 Profitability While Keeping Sales Flat
Feb 12, 2026
UT Group reported third-quarter results for the fiscal year ending March 2026 that maintained net sales at roughly the same level as a year earlier, while significantly improving operating income thanks to ongoing profitability measures. The numbe...
UT Group to Dispose of Treasury Stock for New Employee Share Compensation Plan
Feb 12, 2026
UT Group Co., Ltd. has approved the disposal of 26,451,100 shares of its treasury stock, worth approximately ¥5.69 billion at ¥215 per share, to fund a new stock-based compensation plan for employees. The shares will be transferred to a ...
UT Group Finalizes Employee Stock Compensation Plan to Boost Retention and Engagement
Feb 12, 2026
UT Group Co., Ltd. has finalized the structure of a new stock-based compensation plan for employees, revising details previously approved in August 2025 to strengthen retention and encourage re-entry of staff. The plan is designed to raise medium-...
UT Group Completes ¥512 Million Share Buyback Program After Stock Split
Feb 12, 2026
UT Group Co., Ltd. has completed a share repurchase program authorized by its board in November 2025, buying back 378,000 common shares on the Tokyo Stock Exchange in February 2026 for 80.26 million yen. This latest tranche finalized the buyback i...
UT Group to Repurchase Shares for Employee Stock Grants and Capital Efficiency
Feb 12, 2026
UT Group has approved a share buyback program under Japan’s Companies Act, authorizing the repurchase of up to 4.8 million common shares, or about 0.8% of its outstanding stock, for a maximum of 635 million yen via market purchases on the To...
UT Group Confirms Q3 Dividend, Reaffirms 100% Payout Policy
Feb 12, 2026
UT Group Co., Ltd. has approved a dividend from surplus for shareholders of record as of December 31, 2025, setting the third-quarter FY3/2026 dividend at ¥38.96 per share, unchanged from its latest forecast. Following a 15-for-1 stock split ...
UT Group Lifts Profit Margins Despite Lower Sales and Cuts Full-Year Net Income Outlook
Feb 12, 2026
UT Group Co., Ltd. reported consolidated net sales of ¥125.3 billion for the nine months to December 31, 2025, down 8.4% year on year, while operating income rose 22.8% to ¥8.1 billion and ordinary income climbed 21.1%. Net income attrib...
UT Group Buys Back Over 2.2 Million Shares Under Expanded Repurchase Program
Feb 3, 2026
UT Group Co., Ltd. reported on the status of its ongoing share repurchase program authorized by its board in November 2025 under Japan’s Companies Act. In January 2026, the company bought back 892,000 common shares on the Tokyo Stock Exchang...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.