Will Group, Inc. (6089) AI Stock Analysis

• Market Cap: ¥26.03B
• Dividend Yield: 3.86%
• Average Volume (3M): 28.32K
• Price to Earnings (P/E): 14.5
• Beta (1Y): 0.60
• Revenue Growth: 1.18%
• EPS Growth: -5.05%
• Country: JP
• Employees: 7,004
• Sector: Industrials
• Sector Strength: 72
• Industry: Staffing & Employment Services
• EPS (TTM): 37.84
• Shares Outstanding: 23,118,900
• 10 Day Avg. Volume: 22,850
• 30 Day Avg. Volume: 28,320
• PEG Ratio: -0.32
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 0.16
• P/FCF Ratio: 15.00
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: ¥1,254.00 ▲(11.47% Upside)

Will Group, Inc. scores well due to strong financial performance, particularly in revenue growth and cash flow generation. The valuation is attractive with a reasonable P/E ratio and a solid dividend yield. Technical indicators suggest a stable but not overly bullish trend. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue Growth

The robust revenue growth rate indicates strong market demand and effective business strategies, positioning the company for continued expansion.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, enabling reinvestment in growth opportunities and providing a buffer against economic downturns.

Balance Sheet Health

A lower debt-to-equity ratio indicates a stronger balance sheet, reducing financial risk and enhancing the company's ability to invest in strategic initiatives.

Negative Factors

Profit Margins

Low net profit margins suggest challenges in converting revenue growth into profitability, potentially limiting long-term earnings growth and shareholder returns.

Earnings Growth

Negative EPS growth indicates declining profitability, which could affect investor confidence and the company's ability to fund future growth initiatives.

Profitability Concerns

Persistent concerns about profitability margins may hinder the company's ability to sustain long-term growth and compete effectively in the market.

Will Group, Inc. Business Overview & Revenue Model

Company Description

Will Group, Inc. (6089) is a Japanese company specializing in human resource services and workforce solutions. Operating primarily in the staffing and recruitment sector, it provides a range of services including temporary staffing, permanent placement, and outsourcing solutions. The company caters to various industries, enhancing workforce efficiency and flexibility through its innovative staffing strategies and technology-driven approaches.

How the Company Makes Money

Will Group generates revenue primarily through its staffing and recruitment services, charging clients fees for temporary and permanent placements of personnel. The company typically earns money by marking up the hourly wages of its temporary staff, which allows them to cover operational costs and generate profit. Additionally, the company may engage in outsourcing contracts, providing comprehensive workforce management solutions, which can yield recurring revenue streams. Key partnerships with various businesses across different sectors also enhance their service offerings and contribute to consistent earnings.

Will Group, Inc. Financial Statement Overview

Summary

Will Group, Inc. demonstrates solid revenue growth and improved leverage, but faces challenges in profitability and operational efficiency. The strong free cash flow growth is a positive indicator of financial health, although the company needs to enhance its profit margins and cash conversion efficiency to sustain long-term growth.

Income Statement

Will Group, Inc. has shown a steady revenue growth rate of 11.1% in the TTM period, indicating positive momentum. However, the net profit margin is relatively low at 0.83%, suggesting limited profitability. The gross profit margin has remained stable, but the EBIT and EBITDA margins have decreased compared to previous years, indicating potential challenges in operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.38 in the TTM period, reflecting a healthier leverage position. However, the return on equity has decreased to 6.62%, indicating reduced profitability from equity. The equity ratio remains stable, suggesting a balanced capital structure.

Cash Flow

Will Group, Inc. has achieved a significant free cash flow growth of 67.89% in the TTM period, highlighting strong cash generation capabilities. The operating cash flow to net income ratio is low, suggesting potential challenges in converting income into cash. However, the free cash flow to net income ratio is robust at 80%, indicating efficient cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	140.91B	139.71B	138.23B	143.93B	131.08B	118.25B
Gross Profit	29.96B	29.38B	28.30B	31.74B	28.77B	24.06B
EBITDA	5.03B	4.48B	6.91B	7.59B	7.56B	6.26B
Net Income	1.80B	1.15B	2.78B	3.24B	3.29B	2.36B
Balance Sheet
Total Assets	50.42B	49.92B	51.54B	54.94B	52.35B	46.76B
Cash, Cash Equivalents and Short-Term Investments	7.56B	6.94B	7.11B	9.73B	9.10B	7.46B
Total Debt	6.07B	6.61B	11.60B	17.09B	15.45B	15.19B
Total Liabilities	32.41B	32.56B	34.02B	39.06B	39.23B	36.73B
Stockholders Equity	18.05B	17.39B	17.51B	14.64B	11.40B	8.24B
Cash Flow
Free Cash Flow	3.67B	1.45B	3.03B	4.42B	3.61B	3.73B
Operating Cash Flow	4.03B	1.81B	3.83B	4.82B	4.35B	4.32B
Investing Cash Flow	123.00M	-695.00M	-575.00M	-1.76B	-306.00M	-433.00M
Financing Cash Flow	-3.04B	-1.23B	-6.23B	-2.78B	-2.96B	-2.65B

Will Group, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1125.00
• 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:6089, the sentiment is Positive. The current price of 1125 is below the 20-day moving average (MA) of 1141.85, above the 50-day MA of 1083.84, and above the 200-day MA of 986.36, indicating a neutral trend. The MACD of 12.34 indicates Positive momentum. The RSI at 58.70 is Neutral, neither overbought nor oversold. The STOCH value of 38.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6089.

Will Group, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2163	80 Outperform	¥21.89B	16.43	―	4.08%	8.88%	12.64%
2146	79 Outperform	¥116.01B	19.60	―	7.56%	8.28%	-36.32%
6089	73 Outperform	¥26.03B	14.52	―	3.86%	1.18%	-5.05%
9332	73 Outperform	¥23.03B	14.71	―	3.13%	4.92%	-27.88%
2429	66 Neutral	¥47.30B	6.35	―	3.19%	15.79%	113.14%
6070	64 Neutral	¥30.05B	12.81	―	4.72%	-1.06%	3.51%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Will Group, Inc. Corporate Events

Will Group, Inc. Revamps Shareholder Benefits Plan for Enhanced Investment Appeal

Will Group, Inc. announced changes to its shareholder benefits plan, aiming to increase the investment appeal of its shares and encourage long-term holding. The revised plan, effective from April 2026, introduces new benefits for shareholders holding 300 or more shares, replacing the old plan and eliminating conditions related to the shareholding period.

WILL GROUP, INC. Reports Strong Earnings and Revises Forecasts Upward

WILL GROUP, INC. reported a positive variance between its forecasted and actual earnings for the six months ending September 30, 2025, driven by strong performance in its Overseas Working Business and enhanced profitability in its Domestic Working Business. The company has revised its earnings forecasts for the fiscal year ending March 31, 2026, expecting increased revenue and profit due to a new subsidiary and robust international operations, despite rising headquarters costs.

Will Group, Inc. Reports Strong Financial Performance for First Half of 2025

Will Group, Inc. reported its consolidated financial results for the six months ending September 30, 2025, showing a significant improvement in profitability compared to the previous year. The company’s revenue increased by 1.7%, with operating profit and profit before tax rising by 62.4% and 79.4%, respectively. This performance indicates a strong recovery and growth trajectory, which could positively impact its market positioning and stakeholder confidence.

Will Group, Inc. Issues Stock Options to Drive Growth

Will Group, Inc. announced the issuance of stock acquisition rights to its directors and executive officers, aimed at boosting motivation and morale to achieve long-term business growth and increased corporate value. The exercise of these rights is contingent upon meeting specific profit targets, and the company believes this initiative will align with shareholder interests, despite a potential 1.99% increase in common shares.

WILL GROUP, INC. Revises Earnings Forecasts Upward Amid Strong Performance

WILL GROUP, INC. has revised its consolidated earnings forecasts for the six months ending September 30, 2025, and the fiscal year ending March 31, 2026, due to robust performance in its key focus areas and favorable currency exchange rates. The company expects both revenue and profit to exceed previous forecasts, driven by strong results in the Domestic Working Business and improved productivity in existing domains.