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NISSO HOLDINGS Co.,Ltd
(9332)
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Rating:72Outperform
Price Target:
¥723.00
▲(1.40% Upside)
Action:Upgraded
Date:08/17/26
The score is supported primarily by strong balance sheet quality and an attractive valuation (low P/E with a solid dividend yield). Technicals are also constructive with price above major moving averages and positive MACD, though very strong momentum readings are a risk to near-term sustainability. The main fundamental constraint remains thin and recently pressured margins, alongside weaker cash flow conversion efficiency.
Positive Factors
Accelerating Revenue Growth
Steady multi-year revenue growth, combined with acceleration in the latest year, indicates solid demand and execution. Sustained top-line expansion can support operating scale and broaden the company’s earnings base over the next several quarters.
Negative Factors
Thin Net Margins
Very thin net margins leave limited room for wage inflation, pricing pressure, or weaker staffing demand before earnings are affected. The narrow profit cushion makes long-term earnings power more sensitive to execution and cost control.
Read all positive and negative factors
Positive Factors
Negative Factors
Accelerating Revenue Growth
Steady multi-year revenue growth, combined with acceleration in the latest year, indicates solid demand and execution. Sustained top-line expansion can support operating scale and broaden the company’s earnings base over the next several quarters.
Read all positive factors
NISSO HOLDINGS Co.,Ltd (9332) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥21.33B
Dividend Yield3.84%
Average Volume (3M)121.28K
Price to Earnings (P/E)10.3
Beta (1Y)0.76
Revenue Growth14.19%
EPS Growth25.44%
CountryJP
Employees2,746
SectorIndustrials
Sector Strength72
IndustryStaffing & Employment Services
Share Statistics
EPS (TTM)56.40
Shares Outstanding34,024,720
10 Day Avg. Volume147,420
30 Day Avg. Volume121,276
Financial Highlights & Ratios
PEG Ratio-2.57
Price to Book (P/B)1.11
Price to Sales (P/S)0.18
P/FCF Ratio15.41
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)62.4
Revenue Forecast (FY)¥117.00B
NISSO HOLDINGS Co.,Ltd Business Overview & Revenue Model
Company Description
NISSO HOLDINGS Co., Ltd, founded in 1971 and headquartered in Yokohama, Japan, specializes in providing diverse human resources solutions across the nation. Their extensive service portfolio encompasses recruitment, manufacturing outsourcing, labo...
How the Company Makes Money
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NISSO HOLDINGS Co.,Ltd Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
82
Very Positive
Cash Flow
58
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 111.43B | 101.56B | 96.86B | 90.83B | 77.55B |
| Gross Profit | 18.84B | 17.44B | 16.02B | 14.55B | 12.95B |
| EBITDA | 3.76B | 3.97B | 3.47B | 2.65B | 2.42B |
| Net Income | 1.90B | 1.94B | 1.95B | 1.62B | 1.70B |
Balance Sheet | |||||
| Total Assets | 34.42B | 31.28B | 31.35B | 30.09B | 27.46B |
| Cash, Cash Equivalents and Short-Term Investments | 5.91B | 8.19B | 9.64B | 9.80B | 8.78B |
| Total Debt | 1.04B | 1.53B | 2.07B | 2.52B | 3.01B |
| Total Liabilities | 15.73B | 14.48B | 16.02B | 15.28B | 13.90B |
| Stockholders Equity | 18.38B | 16.50B | 15.06B | 14.57B | 13.56B |
Cash Flow | |||||
| Free Cash Flow | 1.32B | 1.23B | 2.58B | 2.10B | 2.19B |
| Operating Cash Flow | 1.53B | 1.68B | 3.23B | 2.29B | 2.27B |
| Investing Cash Flow | -557.00M | -2.08B | -1.29B | -146.00M | -1.54B |
| Financing Cash Flow | -3.26B | -1.06B | -2.10B | -1.11B | 2.16B |
NISSO HOLDINGS Co.,Ltd Technical Analysis
Positive
713.00
Price Trends
601.46
Positive
600.37
Positive
626.30
Positive
Market Momentum
9.53
Negative
68.74
Neutral
95.98
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9332, the sentiment is Positive. The current price of 713 is above the 20-day moving average (MA) of 626.90, above the 50-day MA of 601.46, and above the 200-day MA of 626.30, indicating a bullish trend. The MACD of 9.53 indicates Negative momentum. The RSI at 68.74 is Neutral, neither overbought nor oversold. The STOCH value of 95.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9332.
NISSO HOLDINGS Co.,Ltd Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥22.34T | 39.91 | 33.09% | 0.21% | 9.31% | 43.87% | |
76 Outperform | ¥654.19B | 14.23 | 20.65% | 4.42% | 9.70% | 30.96% | |
73 Outperform | ¥134.16B | 16.47 | ― | 7.51% | -12.99% | 45.36% | |
72 Outperform | ¥21.33B | 10.31 | ― | 3.09% | 14.19% | 25.44% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | ¥64.70B | 13.76 | ― | 3.66% | 32.94% | -2.29% | |
46 Neutral | ¥61.74B | -18.18 | -2.64% | 0.77% | -0.24% | 59.25% |
* Industrials Sector Average
JP:9332
NISSO HOLDINGS Co.,Ltd
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9.93
1.55%
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NISSO HOLDINGS Co.,Ltd Corporate Events
NISSO HOLDINGS Outlines Q1 FY March 2027 Results and Strategic Priorities
Aug 6, 2026
NISSO HOLDINGS released explanatory materials for its financial results for the first quarter of the fiscal year ending March 2027, outlining performance by service and overall financial condition. The materials highlight the company’s indus...
NISSO HOLDINGS Delivers Strong Q1 Earnings and Confirms FY2027 Outlook
Aug 6, 2026
NISSO HOLDINGS reported strong consolidated results for the first quarter of the fiscal year ending March 2027, with net sales rising 17.3% year-on-year to ¥29.28 billion and profit attributable to owners of parent nearly doubling to ¥42...
NISSO HOLDINGS Completes Restricted Share Treasury Disposal for Executive Compensation
Aug 4, 2026
NISSO HOLDINGS has completed the payment procedures for a disposal of 57,769 treasury shares used as restricted share remuneration, priced at 617 yen per share for a total value of 35,643,473 yen. The shares have been allotted to directors and exe...
NISSO HOLDINGS to Grant Restricted Treasury Shares to Management
Jul 17, 2026
NISSO HOLDINGS Co., Ltd. has approved the disposal of 57,769 treasury shares as restricted share remuneration, valued at 617 yen per share for a total of about 35.6 million yen, to be allotted to directors and executive officers of the company and...
NISSO HOLDINGS Reshapes Board and Executive Structure to Strengthen Group Governance
Jun 24, 2026
NISSO HOLDINGS has reappointed Representative Director, President and Executive Officer Ryuichi Shimizu and confirmed a slate of directors, including executives from key subsidiaries and an external director, following approval at its 3rd Ordinary...
NISSO Holdings to Merge Sub-subsidiary EYE’S into NISSO CORPORATION for Operational Streamlining
May 21, 2026
NISSO HOLDINGS has approved an absorption-type merger in which its consolidated subsidiary NISSO CORPORATION will absorb sub-subsidiary EYE’S Co., Ltd., with the effective date scheduled for July 1, 2026. The surviving entity will remain NIS...
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.