Wilson Learning Worldwide Inc. (9610) AI Stock Analysis

• Market Cap: ¥1.82B
• Dividend Yield: N/A
• Average Volume (3M): 523.51K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.09
• Revenue Growth: 5.41%
• EPS Growth: 47.22%
• Country: JP
• Employees: 85
• Sector: Industrials
• Sector Strength: 72
• Industry: Staffing & Employment Services
• EPS (TTM): -8.11
• Shares Outstanding: 11,155,580
• 10 Day Avg. Volume: 221,160
• 30 Day Avg. Volume: 523,506
• PEG Ratio: 0.03
• Price to Book (P/B): 0.80
• Price to Sales (P/S): 0.33
• P/FCF Ratio: -1.59
• 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: 51 Neutral
• Price Target: ¥176.00 ▼(-31.52% Downside)
• Action: Reiterated Date: 02/21/26
• Date: Action: Reiterated 02/21/26

The score is primarily held back by weak financial performance (declining revenue, ongoing losses, and negative operating/free cash flow). Technical indicators also point to bearish momentum with the stock trading below key moving averages, despite oversold signals. Valuation is constrained by a negative P/E tied to current losses and no dividend yield data.

Positive Factors

Low leverage / conservative balance sheet

A relatively low debt-to-equity ratio reduces interest burden and preserves borrowing capacity, giving management flexibility to fund investments in content, sales or digital tools. This conservative leverage profile strengthens resilience to revenue volatility over multiple quarters.

Healthy gross profit margins

Relatively strong gross margins indicate pricing power and efficient delivery of training services, enabling the company to cover variable costs. If operating expenses are controlled, this margin base supports recovery in operating profitability as revenues stabilize or grow.

Service-based, recurring revenue model

A business model centered on training and implementation fees fosters repeat client relationships, multi-course engagements and cross-sell opportunities. Structural demand for workforce development supports steady, durable revenue streams and higher client retention versus one-off products.

Negative Factors

Declining revenue and widening losses

Sustained revenue declines combined with negative EBIT and widening net losses erode scale economics and retained earnings. This trend pressures margins, reduces reinvestment capacity, and, if persistent, forces difficult cost cuts or external financing within a multi-month horizon.

Negative operating and free cash flow

Persistent negative operating and free cash flow signals cash burn and weak cash conversion. That constrains the company’s ability to self-fund content development, sales expansion or digital initiatives and increases reliance on external financing, raising liquidity risk over coming quarters.

Eroding equity and shrinking assets

Declining shareholders' equity and shrinking total assets reduce financial cushions and weaken creditworthiness. Erosion of the balance sheet limits strategic flexibility, lowers borrowing capacity, and increases vulnerability to market or client shocks over a medium-term horizon.

Wilson Learning Worldwide Inc. Business Overview & Revenue Model

Company Description

Wilson Learning Worldwide Inc. develops and provides human resource and organizational development consulting and solutions in Japan, China, Europe, North America, Latin America, Asia Pacific, and internationally. The company offers learning programs, research/assessment, consulting, and innovation enablement services; operates learning portals; and learning management systems. It also provides sales and leadership solutions, including employee engagement, salesforce development, leadership development, strategy alignment, business transformation, and workforce upskilling, as well as learning solutions. Wilson Learning Worldwide Inc. was founded in 1965 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Wilson Learning generates revenue primarily through the sale of its training programs and consulting services. The company offers a diverse portfolio of products, including workshops, e-learning modules, and assessment tools, which are delivered both in-person and online. Key revenue streams include fees for training sessions, licensing of training materials, and ongoing consulting engagements with clients. Additionally, Wilson Learning forms strategic partnerships with organizations and educational institutions to expand its reach and enhance service offerings, contributing to its earnings through collaborative projects and joint ventures.

Wilson Learning Worldwide Inc. Financial Statement Overview

Summary

Income statement weakness (declining revenue, negative EBIT and net margins, widening net loss) and persistently negative operating/free cash flow outweigh the benefit of low leverage; the balance sheet shows some stability but also shrinking equity/assets.

Income Statement

The company has experienced declining revenue over the past few years, with a significant drop from 2023 to 2024. Gross profit margins remain relatively strong, but negative EBIT and net profit margins indicate profitability challenges. The net loss has widened, which is concerning for long-term sustainability.

Balance Sheet

Wilson Learning Worldwide Inc. maintains a relatively low debt-to-equity ratio, suggesting low leverage, which is a positive sign. However, the declining stockholders' equity and shrinking total assets raise concerns about balance sheet strength. The equity ratio remains stable, indicating a balanced approach to financing.

Cash Flow

The company is facing significant cash flow challenges with negative operating and free cash flow over the past years. There is a slight improvement in free cash flow from 2024 to 2025, but overall, the cash flow situation remains weak. The operating cash flow to net income ratio indicates inefficiencies in converting income to cash.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.69B	1.69B	1.75B	2.49B	1.79B	1.48B
Gross Profit	1.26B	1.25B	1.25B	1.78B	1.31B	1.01B
EBITDA	-360.04M	-377.87M	-572.37M	-22.75M	-303.87M	-604.53M
Net Income	-342.68M	-386.04M	-518.70M	-26.70M	-308.90M	-629.15M
Balance Sheet
Total Assets	1.34B	1.51B	1.77B	2.13B	1.81B	2.07B
Cash, Cash Equivalents and Short-Term Investments	237.20M	265.75M	492.23M	747.47M	869.43M	1.21B
Total Debt	121.53M	127.83M	106.41M	165.80M	241.46M	395.65M
Total Liabilities	809.67M	817.67M	909.31M	1.02B	817.51M	974.19M
Stockholders Equity	528.56M	696.83M	856.40M	1.11B	991.12M	1.10B
Cash Flow
Free Cash Flow	0.00	-351.66M	-449.89M	-140.24M	-525.67M	-492.57M
Operating Cash Flow	0.00	-348.28M	-445.84M	-128.38M	-525.14M	-490.71M
Investing Cash Flow	0.00	12.04M	-4.00M	-6.64M	137.59M	23.48M
Financing Cash Flow	0.00	125.98M	116.78M	-75.32M	-46.59M	137.75M

Wilson Learning Worldwide Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 257.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9610, the sentiment is Negative. The current price of 257 is above the 20-day moving average (MA) of 216.20, above the 50-day MA of 230.14, and above the 200-day MA of 175.92, indicating a bearish trend. The MACD of -17.11 indicates Positive momentum. The RSI at 34.69 is Neutral, neither overbought nor oversold. The STOCH value of 17.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9610.

Wilson Learning Worldwide Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7367	74 Outperform	¥7.14B	10.95	―	4.64%	27.01%	9.02%
7064	67 Neutral	¥3.53B	22.92	―	―	14.50%	-51.06%
7043	64 Neutral	¥2.32B	9.63	―	0.66%	14.27%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
7041	58 Neutral	¥1.81B	17.00	―	2.85%	-3.92%	―
9610	51 Neutral	¥1.82B	-7.82	―	―	5.41%	47.22%
9331	46 Neutral	¥1.41B	-6.04	―	―	3.33%	-80.47%