Sportsfield Co Ltd

Sportsfield maintains a strong liquidity position with cash and equivalents amounting to ¥159,961.7 million, significantly exceeding its total liabilities of ¥93,770.2 million, resulting in a current ratio of 2.82. The company's price-to-book ratio of 3.92 and price-to-tangible-book ratio of 3.92 suggest a premium valuation relative to its book value, while the price-to-earnings ratio of 23.13 indicates a moderate earnings multiple.

Profitability metrics show a return on equity (ROE) of 16.93% and a return on assets (ROA) of 10.49%, both exceeding the typical thresholds for the Employment Services industry, which prioritizes ROE and ROA as key performance indicators. The company's operating income of ¥402.8 million and net income of ¥258.5 million reflect a healthy margin structure, supported by a gross profit of ¥1,034.5 million on total revenue of ¥11,023.2 million.

Geographically, Sportsfield's revenue is concentrated in Japan, with no disclosed international segments. The company's business model is primarily domestic, and there is no indication of material revenue diversification across regions or product lines.

Looking ahead, Sportsfield's revenue growth is expected to remain stable, with no significant changes in the near term. The company's current financial performance and liquidity position support a conservative outlook, with no immediate signs of aggressive expansion or contraction. The absence of dilution risk and low debt-to-equity ratio of 0.15 further reinforce the company's financial stability.

Risk factors for Sportsfield include potential regulatory changes in the employment services sector and economic downturns that could affect demand for staffing services. However, the company's strong liquidity and low leverage mitigate these risks. There are no immediate filing-based liquidity or dilution flags, and the risk assessment indicates a low probability of dilution in the near term.

Recent events and filings do not indicate any material changes in the company's operations or financial strategy. The latest actual EPS of ¥107.28 and revenue of ¥4,784.89 million align with the company's reported financial performance, suggesting consistent operational execution.

Revenue grew 24.4% year-over-year to JPY 4.78 billion in FY2026, demonstrating strong top-line expansion momentum.

Net income surged 31.6% to JPY 783.5 million in FY2026, outpacing revenue growth and indicating operating leverage.

Free cash flow increased 40.6% to JPY 669 million in FY2026, highlighting robust cash generation capabilities.

Return on invested capital stands at 22.9%, significantly exceeding the cohort median and signaling efficient capital deployment.

Net income declined slightly from JPY 608 million in FY2024 to JPY 595 million in FY2025, showing recent volatility.

Long-term debt increased to JPY 369 million in FY2026 from JPY 159 million in FY2025, raising leverage concerns.

Revenue ¥1.63B, +63,5% YoY; Operating income +71,1% YoY.

• ▍Revenue ¥1.63B, +63,5% YoY
• ▍Operating income +71,1% YoY
• ▍Net income +80,3% YoY
• ▍Net margin 20.0%

Revenue ¥789.5M, −0,4% YoY; Operating income −134,2% YoY.

• ▍Revenue ¥789.5M, −0,4% YoY
• ▍Operating income −134,2% YoY
• ▍Net income −140,3% YoY
• ▍Net margin -2.6%

Revenue ¥1.08B, +13,2% YoY; Operating income +30,1% YoY.

• ▍Revenue ¥1.08B, +13,2% YoY
• ▍Operating income +30,1% YoY
• ▍Net income +37,0% YoY
• ▍Net margin 13.4%

Revenue ¥1.29B, +16,7% YoY; Operating income +26,9% YoY.

• ▍Revenue ¥1.29B, +16,7% YoY
• ▍Operating income +26,9% YoY
• ▍Net income +28,8% YoY
• ▍Net margin 25.9%

Revenue ¥997.2M; Operating income ¥222.1M.

• ▍Revenue ¥997.2M
• ▍Operating income ¥222.1M
• ▍Net margin 18.2%

Revenue ¥792.7M; Operating income ¥83.0M.

• ▍Revenue ¥792.7M
• ▍Operating income ¥83.0M
• ▍Net margin 6.3%

Revenue ¥953.1M; Operating income ¥166.2M.

• ▍Revenue ¥953.1M
• ▍Operating income ¥166.2M
• ▍Net margin 11.1%

Revenue ¥1.10B; Operating income ¥402.8M.

• ▍Revenue ¥1.10B
• ▍Operating income ¥402.8M
• ▍Net margin 23.4%

Revenue ¥4.78B, +24,4% YoY; Operating income +23,4% YoY.

• ▍Revenue ¥4.78B, +24,4% YoY
• ▍Operating income +23,4% YoY
• ▍Net income +31,6% YoY
• ▍Free cash flow +40,6% YoY
• ▍Net margin 16.4%

Revenue ¥3.85B, +12,5% YoY; Operating income +0,5% YoY.

• ▍Revenue ¥3.85B, +12,5% YoY
• ▍Operating income +0,5% YoY
• ▍Net income −2,1% YoY
• ▍Free cash flow −17,3% YoY
• ▍Net margin 15.5%

Revenue ¥3.42B, +19,3% YoY; Operating income +36,5% YoY.

• ▍Revenue ¥3.42B, +19,3% YoY
• ▍Operating income +36,5% YoY
• ▍Net income +47,5% YoY
• ▍Free cash flow +35,1% YoY
• ▍Net margin 17.8%

Revenue ¥2.87B, +34,5% YoY; Operating income +919,6% YoY.

• ▍Revenue ¥2.87B, +34,5% YoY
• ▍Operating income +919,6% YoY
• ▍Net income +621,0% YoY
• ▍Free cash flow +508,2% YoY
• ▍Net margin 14.4%