UT Group Co Ltd
TSE:2146

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UT Group Co Ltd Logo
UT Group Co Ltd
TSE:2146
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Price: 200 JPY 2.04%
Market Cap: 119.7B JPY

UT Group Co Ltd
Investor Relations

UT Group Co., Ltd. engages in the support and management of its group companies that dispatches and outsources permanent employees to different industries in the fields of manufacturing, design, development, and construction. The company is headquartered in Shinagawa-Ku, Tokyo-To and currently employs 38,527 full-time employees. The company went IPO on 2007-04-01. The firm operates in three business segments. Manufacturing segment is involved in the provision of temporary staffing, contracting and human resources services for the manufacturing industry. Its main customers include domestic semiconductors, electronics, automobiles, building materials and housing equipment companies. Solution segment is involved in the provision of employment dispatch, contracting for transfer in line with structural reforms for main manufacturing companies. Its main customers are major electronics manufacturers in Japan. Engineering segment is engaged in the provision of engineer dispatch, contracting and human resources services for electro-mechanical companies. Its main customers are manufacturers and general contractors.

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Last Earnings Call
Fiscal Period
Q3 2023
Call Date
Feb 6, 2023
AI Summary
Q3 2023

Record EBITDA: The company achieved its highest ever quarterly EBITDA of JPY 12 billion, with a margin of 9.4%, putting it on track to exceed its full-year target ahead of schedule.

Strong Revenue Growth: Net sales rose by 12.4% year-on-year to JPY 128 billion after the third quarter, with quarterly revenue hitting a new high of JPY 43.8 billion.

EBITDA Guidance Raised: Management raised EBITDA targets to JPY 15 billion for FY '23, JPY 19 billion for FY '24, and JPY 25 billion for FY '25.

Hiring Capacity Focus: The company aims to double its hiring capacity to 2,000 workers a month, a key driver for future growth and market share.

Segment Performance: Manufacturing business rebounded with improved gross margin, while area business continued to grow and narrow the revenue gap.

SG&A Efficiency: SG&A expenses as a percentage of revenue were reduced from 13.9% to 10.9% in one year, contributing to profitability.

Shareholder Returns: Shareholder return will total 30% of net profit, with a target total return ratio around 81% if excluding stock compensation expenses.

Key Financials
Net Sales
JPY 128 billion
Revenue (Quarter)
JPY 43.8 billion
EBITDA
JPY 12 billion
EBITDA Margin
9.4%
EBITDA (Quarter)
JPY 4.6 billion
EBITDA Margin (Quarter)
10.6%
Operating Profit
JPY 5.6 billion
Gross Profit
JPY 25.1 billion
SG&A Ratio
10.9%
Gross Margin (Manufacturing)
23.1%
Technical Employees (Japan)
32,000
Technical Employees (Overseas)
14,000
Shareholder Return Ratio
30% of net profit; 81% excluding stock compensation
EPS
JPY 79 (including stock compensation expenses)
Cash
JPY 31.4 billion
Short-term Loans
JPY 3.9 billion
Long-term Loans
JPY 13.2 billion
Total Loans
JPY 17 billion
Share Acquisition Rights
JPY 6.1 billion
Goodwill
JPY 5.6 billion
Shareholders' Equity
JPY 20 billion
Other Earnings Calls

Management

Mr. Manabu Sotomura
President & Representative Director
No Bio Available
Takahito Yamada
Senior Executive Officer of General Affairs Division
No Bio Available
Mr. Satoshi Moriyasu
Senior Executive Officer of Business Development Division
No Bio Available
Mr. Nobuyuki Tsukui
Senior Executive Officer of Manufacturing Business Division
No Bio Available
Mr. Tsutoshi Yamada
Senior Executive Officer of Area Strategy Business Division
No Bio Available
Mr. Kentaro Yamagishi
Senior Executive Officer of Career Development Division
No Bio Available
Mr. Yuji Aizawa
Senior Executive Officer
No Bio Available
Tsutomu Kokubo
Executive Officer
No Bio Available

Contacts

Address
TOKYO-TO
Shinagawa-ku
6F, Dempa Bldg., 1-11-15, Higashi Gotanda
Contacts
+81354471711.0
www.ut-g.co.jp