Will Group, Inc. (6089) AI Stock Analysis

• Market Cap: ¥22.49B
• Dividend Yield: 4.49%
• Average Volume (3M): 19.67K
• Price to Earnings (P/E): 16.4
• Beta (1Y): 0.61
• Revenue Growth: 0.73%
• EPS Growth: -35.91%
• Country: JP
• Employees: 7,004
• Sector: Industrials
• Sector Strength: 76
• Industry: Staffing & Employment Services
• EPS (TTM): 12.27
• Shares Outstanding: 23,118,900
• 10 Day Avg. Volume: 18,560
• 30 Day Avg. Volume: 19,670
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• 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: ¥1,035.00
• Price Target Upside: 5.61% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: ¥1,035.00 ▲(5.61% Upside)

The overall stock score reflects a stable financial performance backed by a strong balance sheet and operational efficiency. The technical indicators suggest moderate market sentiment, while the valuation is supported by a reasonable P/E ratio and an attractive dividend yield. The absence of earnings call and corporate events data limits further insight into near-term prospects.

Will Group, Inc. Business Overview & Revenue Model

Company Description

Will Group, Inc. (6089) is a Japanese company that operates primarily in the human resources sector. It provides staffing and recruitment services, specializing in temporary staffing, permanent placement, and outsourcing solutions across various industries. The company is known for its focus on sectors such as manufacturing, logistics, retail, and information technology, catering to both domestic and international markets. Through its subsidiaries and business units, Will Group, Inc. aims to offer comprehensive workforce solutions that align with the evolving needs of its clients.

How the Company Makes Money

Will Group, Inc. generates revenue primarily through its staffing and recruitment services. The company's key revenue streams include fees from temporary staffing, where it provides clients with temporary workers and charges a markup on the wages paid to these workers. Additionally, it earns placement fees for permanent recruitment services, acting as an intermediary in matching candidates with job openings and charging a commission based on the candidate's salary. Outsourcing services also contribute to its revenue, where the company manages certain business processes or functions for clients. Significant partnerships with businesses across various sectors, such as manufacturing and IT, enhance its market reach and client base, further supporting its earnings.

Will Group, Inc. Financial Statement Overview

Summary

Will Group, Inc. exhibits stable financial health with strong balance sheet fundamentals and consistent operational efficiency. Challenges include declining net income and tighter cash flows, which may impact future profitability. The company is positioned well within the industry, but needs to focus on improving net margins and cash flow management to enhance financial performance.

Income Statement

The income statement shows moderate performance with stable gross profit margins at around 21% over recent years. However, net profit margins have declined from 2.4% to 0.8% due to reduced net income. Revenue growth is relatively stagnant, with a slight increase of 1.1% in the latest period compared to the prior year. Despite the challenges, EBIT and EBITDA margins are maintained, indicating operational efficiency.

Balance Sheet

The balance sheet is robust with an equity ratio of 34.8%, indicating a strong capital structure. The debt-to-equity ratio is improving, reflecting decreased leverage from 0.68 to 0.38. Return on equity has declined, which could be a concern. However, the firm maintains adequate cash reserves, enhancing financial stability.

Cash Flow

The cash flow statement reveals a decline in operating cash flow and free cash flow, with a decrease in free cash flow growth rate. The operating cash flow to net income ratio is strong, showing efficient cash generation from operations. However, reduced free cash flow to net income ratio highlights tighter cash flow management.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	139.71B	138.23B	143.93B	131.08B	118.25B
Gross Profit	29.38B	28.30B	31.74B	28.77B	24.06B
EBITDA	4.48B	6.91B	7.46B	7.56B	6.26B
Net Income	1.15B	2.78B	3.24B	3.29B	2.36B
Balance Sheet
Total Assets	49.92B	51.54B	54.94B	52.35B	46.76B
Cash, Cash Equivalents and Short-Term Investments	6.94B	7.11B	9.73B	9.10B	8.14B
Total Debt	6.61B	11.60B	10.15B	7.99B	8.79B
Total Liabilities	32.56B	34.02B	39.06B	39.23B	36.73B
Stockholders Equity	17.39B	17.51B	14.64B	11.40B	8.24B
Cash Flow
Free Cash Flow	1.45B	3.03B	4.42B	3.61B	3.73B
Operating Cash Flow	1.81B	3.83B	4.82B	4.35B	4.32B
Investing Cash Flow	-695.00M	-575.00M	-1.76B	-306.00M	-433.00M
Financing Cash Flow	-1.23B	-6.23B	-2.78B	-2.96B	-2.65B

Will Group, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 980.00
• 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 980 is above the 20-day moving average (MA) of 978.80, above the 50-day MA of 952.54, and above the 200-day MA of 945.30, indicating a bullish trend. The MACD of 10.21 indicates Positive momentum. The RSI at 55.75 is Neutral, neither overbought nor oversold. The STOCH value of 64.37 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
2146	81 Outperform	¥108.84B	19.36		5.58%	13.16%	-40.17%
2163	80 Outperform	¥20.73B	16.13		4.31%	10.37%	23.00%
6089	71 Outperform	¥22.49B	16.45		4.49%	0.73%	-35.91%
9332	71 Outperform	¥21.39B	13.07		3.37%	3.05%	-22.47%
2429	70 Outperform	¥45.65B	6.68		3.32%	12.44%	37.34%
6070	68 Neutral	¥28.23B	14.86		5.12%	-4.87%	-14.53%
Sector *	64 Neutral	$10.95B	16.37	8.81%	1.96%	2.68%	-15.33%

Will Group, Inc. Corporate Events

Will Group Announces Board and Audit Member Elections

Will Group, Inc. has announced the election of candidates for its Board of Directors and Audit & Supervisory Board Members, with the decision to be finalized at the upcoming Annual General Meeting of Shareholders. The company has reelected five directors, including three outside directors, and reduced its Audit & Supervisory Board Members from four to three, reflecting the current state of its audit system.

Will Group, Inc. Reports Fiscal Year 2025 Financial Results

Will Group, Inc. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a slight increase in revenue to 139,705 million yen, but a significant decline in operating profit and profit before tax by 48.3% and 50.7%, respectively. The company’s financial position remains stable with a slight decrease in total assets and equity, and it continues to maintain its dividend payout, indicating a cautious yet steady approach in its financial strategy amidst challenging market conditions.

Will Group Revises Financial Forecasts Amid Goodwill Impairment

Will Group, Inc. announced an impairment loss on goodwill for its Australian subsidiary, Ethos BeathChapman Australia Pty Ltd, due to changes in client policies affecting temporary staffing services. This led to a revision of their consolidated financial results forecast for the fiscal year ended March 31, 2025, with a slight decrease in revenue and profit expectations. Despite these challenges, the company maintained its dividend forecast, reflecting a commitment to shareholder returns.