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Companies Industrials 2428.T
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2428.T Tokyo Stock Exchange Business Support Services

Wellnet Corp

¥608,00
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JPY
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Mcap
P/E
EV / Rev
Div yield
6,67 %
Op margin
13,5 %
ROE
3,2 %
Net margin
9,7 %
Debt / equity
0,21
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Wellnet Corp provides business support services, primarily generating revenue through its operations in the industrial and commercial services sector.

Business. Wellnet Corp (2428.T) is a business support services company headquartered in Japan and listed on the Tokyo Stock Exchange. The firm operates within the Industrial & Commercial Services sector, providing business support solutions to its clients. Specific details regarding the company's operating segments and geographic revenue mix are not available.

Classification92 %
SectorIndustrials
Business sectorIndustrial & Commercial Services
IndustryBusiness Support Services
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
3,2 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 2428.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2428.T. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Wellnet Corp (2428.T) is a business support services company headquartered in Japan and listed on the Tokyo Stock Exchange. The firm operates within the Industrial & Commercial Services sector, providing business support solutions to its clients. Specific details regarding the company's operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial & Commercial Services
    IndustryBusiness Support Services
    AI synthesis
    GENERATED

    Wellnet Corp maintains a strong liquidity position, with cash and equivalents amounting to ¥14,408.33 million, significantly exceeding its total liabilities of ¥16,749.04 million. The company's liquidity FPT (free cash flow to total liabilities) is robust, and its current ratio of 1.31 indicates a solid ability to meet short-term obligations.

    In terms of profitability, Wellnet Corp's return on equity (ROE) of 3.16% and return on assets (ROA) of 1.04% are below the typical thresholds for high-performing firms in the business support services industry. These metrics suggest that the company is generating modest returns relative to its equity and asset base.

    The company's revenue is concentrated within its core business support services, with no disclosed geographic diversification in the provided data. This lack of geographic segmentation implies that the company's performance is closely tied to the health of its primary market.

    Looking ahead, Wellnet Corp's growth trajectory is expected to remain stable, with no significant revenue growth or decline projected in the current or next fiscal year. The company's historical revenue of ¥2,662.54 million provides a baseline for assessing future performance.

    Risk factors for Wellnet Corp are currently low, with no immediate liquidity or dilution concerns identified. The company's debt-to-equity ratio of 0.21 indicates a conservative capital structure, and there are no signs of near-term dilution pressure from new share issuances or convertible instruments.

    Recent filings and transcripts do not highlight any material events or strategic shifts that would significantly impact the company's operations or financial position. The absence of notable events suggests a stable and predictable business environment for Wellnet Corp.

    Key takeaways
    • Wellnet Corp has a strong liquidity position with substantial cash reserves.
    • The company's profitability metrics are modest, indicating room for improvement in returns.
    • Revenue is concentrated in a single business segment, with no geographic diversification disclosed.
    • The company's capital structure is conservative, with low debt and no immediate dilution risks.
    • No significant recent events or strategic changes have been reported.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 3

    Net income surged 28.8% year-over-year to JPY 1.08 billion, demonstrating strong profitability growth momentum.

    Free cash flow exploded 374% to JPY 3.58 billion, significantly enhancing liquidity and financial flexibility.

    Revenue grew 7.8% year-over-year to JPY 10.9 billion, reflecting consistent top-line expansion in the business.

    BEAR CASE · 2

    Long-term debt increased to JPY 2.0 billion in FY-4, reversing a previous trend of debt reduction.

    Return on assets of 1.0% remains low, indicating limited efficiency in generating profits from total assets.

    In focus — financials by report

    Valuation FY

    Market price
    ¥608,00
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    ¥8.18B
    Net cash
    ¥12.66B
    Current ratio
    1.3
    Debt / equity
    0.2
    ROA
    1.0%
    ROE
    3.2%
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin13,5 %Above median
    Net Margin9,7 %Above median
    ROE3,2 %Below median
    D/E0,21Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Return On Assets
      net_income / total_assets
    Source documents
    • Wellnet Corp Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2428.TCanonical
    Tokyo Stock Exchange · JPY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage