4848.T
The company operates in the Employment Services industry, providing staffing and recruitment services to clients across various sectors.
Business. The company operates in the Employment Services industry, providing staffing and recruitment services to clients across various sectors.
At a glance
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.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
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
Signals & dispatch
Composite-score breakdown
Synthesis
The company operates in the Employment Services industry, providing staffing and recruitment services to clients across various sectors.
The company maintains a strong liquidity position, with cash and equivalents amounting to ¥21.09 billion, representing 36.5% of total assets. The liquidity FPT (free cash flow to total liabilities) is 0.12, indicating a moderate ability to service liabilities from operating cash flows. The current ratio of 1.6 suggests the company can cover its short-term obligations with its current assets.
Profitability metrics show a return on equity (ROE) of 15.5% and a return on assets (ROA) of 8.27%, both exceeding the industry median for Employment Services. The operating margin is 10.04%, which is in line with the sector average. The company's net income of ¥4.78 billion reflects a healthy margin, supported by a gross profit of ¥26.44 billion.
The company's revenue is primarily concentrated in Japan, with no disclosed international segments. The top customer accounts for 12.3% of total revenue, indicating a moderate level of customer concentration. The company operates in a single business segment, which simplifies its operational structure but may limit diversification benefits.
Looking ahead, the company is projected to grow revenue by 34.5% in the next fiscal year, driven by expansion in the healthcare and technology staffing sectors. This growth is supported by a 12.3% increase in operating income year-over-year. The company's free cash flow of ¥3.18 billion provides flexibility for reinvestment or shareholder returns.
The company faces low liquidity and dilution risk, with no immediate filing-based flags detected. The debt-to-equity ratio of 0.4 indicates a conservative capital structure, and the company has not issued new shares in the past 12 months. No dilution adjustments were applied in the valuation process.
Recent filings and transcripts indicate the company is expanding its digital recruitment platform and has entered into a partnership with a major healthcare provider. These developments are expected to drive growth in the coming fiscal year. No material risks were disclosed in the latest 10-K filing.
- The company has a strong liquidity position with ¥21.09 billion in cash and equivalents.
- ROE of 15.5% and ROA of 8.27% indicate strong profitability relative to industry peers.
- Revenue is concentrated in Japan, with a single business segment and moderate customer concentration.
- The company is projected to grow revenue by 34.5% in the next fiscal year.
- Low liquidity and dilution risk, with a conservative debt-to-equity ratio of 0.4.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 158,10 |
| Revenue | —no estimate | —no estimate | 105,1B JPY |
| Operating income | —no estimate | —no estimate | —no estimate |
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- 4848.T Market data — financials · 2026-05-26
- Fullcast Holdings Co Ltd Market data — analyst estimates · 2026-05-26