Mirai Works Inc

Mirai Works Inc maintains a strong liquidity position, with cash and equivalents amounting to ¥1.45 billion, representing 46.6% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is robust, with free cash flow of ¥160.15 million and no long-term debt, resulting in a debt-to-equity ratio of 0.0. The current ratio of 1.53 indicates a solid ability to meet short-term obligations. Profitability metrics show a return on equity (ROE) of 6.98% and a return on assets (ROA) of 2.94%, which are below the industry median for Employment Services. The company's operating margin is 1.71% (¥191 million operating income on ¥11.14 billion revenue), and net margin is 0.82% (¥91.16 million net income on ¥11.14 billion revenue), both of which are weak relative to industry peers. The company's revenue is concentrated across several industries, including finance, healthcare, manufacturing, and information and communications. No single industry accounts for more than 30% of revenue, but the lack of disclosed segment data prevents a more granular assessment of geographic or business line concentration. Outlook for the current fiscal year shows a revenue growth of 4.2% year-over-year, with a net income growth of 3.5%. The company is expected to maintain a stable operating margin, with no significant changes in capital expenditures or R&D spending. The next fiscal year is projected to show a 3.8% revenue increase and a 2.9% net income increase. Risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company has no long-term debt and a low probability of near-term dilution. The absence of dilution sources in recent filings and the lack of ATM or shelf registration activity support this assessment. Recent events include the filing of the latest financial results, which show a slight increase in revenue and net income compared to the prior year. No significant regulatory or operational events were disclosed in the most recent filings, and the company has not issued any new shares in the past 12 months.