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Earnings presentation2146UT Group Co.,Ltd.Information and Communications, Services and Others

Earnings Presentation Materials for the Fiscal Year Ending March 2026

Revenue was broadly in line with the previous fiscal year but fell short of the revised forecast. Operating profit, however, increased substantially through improved pricing, optimized utilization and SG&A reductions, reaching a record high. The year-end dividend was also revised upward following the upward revision to the earnings forecast.

Worth reading
75Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
46.3
Operating profit year-on-year (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationFiscal year ending March 2026, full year14 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,668 million+0.8%
Operating profit¥106 million+46.3%
Ordinary income¥108 million+31.0%
Net income¥71 million+61.4%
Selling, general and administrative expenses¥213 million
Gross Profit Margin
Rate19.2%
Year-on-year change (points)Up from 18.3% in the same period of the previous fiscal year
Operating profit margin
Rate6.4%
Year-on-year change (points)Up from 4.4% in the same period of the previous fiscal year
Results for the three months of the current quarter
Net Sales
¥41,526 million
Operating profit
¥2,529 million
Operating profit margin6.1%
Number of technical employees in Japan
32,922 People
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue fell short of the revised earnings forecast, while operating profit exceeded the earnings forecast by ¥1.1 billion
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Decrease in profit due to a decline in the number of employees¥-7.7 million
  • Increase in profit due to improved pricing and margin rates¥9.7 million
  • Increase in profit due to the optimization of unutilized personnel¥14.3 million
  • Decrease in personnel expenses¥7 million
  • Decrease in recruitment costs¥5.9 million
  • Decline in Depreciation Expense¥2.5 million
  • Decrease in goodwill amortization¥0 million
  • Decrease in other SG&A expenses¥1.7 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Demand is expected to remain balanced, with limited macroeconomic impact
New initiatives
  • Membership and points program through Tameru Work
  • Making employees shareholders through an employee share benefit plan
  • Placement service for fixed-term employees in the automotive industry
  • Expansion of Next UT (transition from dispatched workers to permanent employees)
  • Launch of a recruitment app for external users in July 2026
  • Integration with and update of the internal app in January 2027
  • Planned transition to a single segment from the fiscal year ending March 2027
Key KPIsA metric the company considers important as a management benchmark.
  • Number of technical employees32,922 People
    Year on year against the same period last year-4.0%
  • Number of successful placements1,230 Engagements
    Year on year against the same period last year+44.0%
  • Number of successful placements with clients934 Engagements
    Year on year against the same period last year+82.0%
  • Number of successful placements with alliance partners296 Engagements
    Year on year against the same period last year+296.0%
  • Number of engineers1,222 People
    Year on year against the same period last year+68.0%
  • Number of partner companies in the same industry61 companies
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Monthly revenue per employee in the Motor and Energy business50.7, etc.
    Year on year against the same period last yearIncreased
  • Monthly revenue per employee in the Semiconductor businessAs shown in the graph
    Year on year against the same period last yearIncreased
  • Number of technical employees32,922 People
    Year on year against the same period last year-4.0%
Segment results
Motor and Energy Business
Net Sales
¥52,036 million-0.4%
Semiconductor Business
Net Sales
¥37,572 million+2.3%
Agency Business
Net Sales
¥62,580 million+2.8%
Next Career Business
Net Sales
¥14,665 million-6.3%
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2029
Net Sales¥185 billion
Gross profit¥35.0 billion
Operating profit¥15 billion
Net income for the current fiscal year¥9.1 billion
Dividend per share¥15.20
Headcount38,000 people
Operating profit margin8%
Financial targets
Operating profit marginAims to return to an 8% operating margin in 2029
Equity ratio
Actual results39.8%
Market Size / Share
A projected shortage of 2.56 million manufacturing workers by 2040
Number of employees
Number of Employees32,922 People
Change during the periodDown 4.0% year on year
Annual Dividend
Annual dividend per share¥12.25 per share
Interim and Year-End BreakdownQ1 ¥2.68, Q2 ¥2.97, Q3 ¥2.60, Q4 ¥4.00
Payout ratio
100% (with a floor of ¥10 per share)
Acquisition of treasury shares
Share repurchases mentioned. The repurchase amount, number of shares and period are not disclosed
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredFiscal year ending March 2026, full year
Net Sales¥1,668 million (YoY +0.8%)
Operating profit¥106 million (YoY +46.3%)
Ordinary income¥108 million (YoY +31.0%)
Net income¥71 million (YoY +61.4%)
Gross Profit MarginRate 19.2% / Year-on-year change (points) Up from 18.3% in the same period of the previous fiscal year
Operating profit marginRate 6.4% / Year-on-year change (points) Up from 4.4% in the same period of the previous fiscal year
Selling, general and administrative expenses¥213 million
Results for the three months of the current quarterNet Sales ¥41,526 million / Operating profit ¥2,529 million / Operating profit margin 6.1% / Number of technical employees in Japan 32,922 People
Self-assessment against the planRevenue fell short of the revised earnings forecast, while operating profit exceeded the earnings forecast by ¥1.1 billion
Segment resultsMotor and Energy Business Net Sales ¥52,036 million (YoY -0.4%) / Semiconductor Business Net Sales ¥37,572 million (YoY +2.3%) / Agency Business Net Sales ¥62,580 million (YoY +2.8%) / Next Career Business Net Sales ¥14,665 million (YoY -6.3%) / Profit Not disclosed
Breakdown of Factors Affecting the ChangeFactors Decrease in profit due to a decline in the number of employees / Amount ¥-7.7 million, Factors Increase in profit due to improved pricing and margin rates / Amount ¥9.7 million, Factors Increase in profit due to the optimization of unutilized personnel / Amount ¥14.3 million, Factors Decrease in personnel expenses / Amount ¥7 million, Factors Decrease in recruitment costs / Amount ¥5.9 million, Factors Decline in Depreciation Expense / Amount ¥2.5 million, Factors Decrease in goodwill amortization / Amount ¥0 million, Factors Decrease in other SG&A expenses / Amount ¥1.7 million
Key KPIsIndicator name Number of technical employees / Value 32,922 People / Year on year against the same period last year -4 People, Indicator name Number of successful placements / Value 1,230 Engagements / Year on year against the same period last year 44 Engagements, Indicator name Number of successful placements with clients / Value 934 Engagements / Year on year against the same period last year 82 Engagements, Indicator name Number of successful placements with alliance partners / Value 296 Engagements / Year on year against the same period last year 296 Engagements, Indicator name Number of engineers / Value 1,222 People / Year on year against the same period last year 68 People, Indicator name Number of partner companies in the same industry / Value 61 companies / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name Monthly revenue per employee in the Motor and Energy business / Value 50.7, etc. / Year on year against the same period last year Increased, Indicator name Monthly revenue per employee in the Semiconductor business / Value As shown in the graph / Year on year against the same period last year Increased, Indicator name Number of technical employees / Value 32,922 People / Year on year against the same period last year -4 People
Number of employeesNumber of Employees 32,922 People / Change during the period Down 4.0% year on year
Assumptions Underlying the Business OutlookDemand is expected to remain balanced, with limited macroeconomic impact
Medium-term management plan targetsTarget fiscal year Fiscal year ending March 2029 / Net Sales ¥185 billion / Gross profit ¥35.0 billion / Operating profit ¥15 billion / Net income for the current fiscal year ¥9.1 billion / Dividend per share ¥15.20 / Headcount 38,000 people / Operating profit margin 8%
Financial targetsOperating profit margin Aims to return to an 8% operating margin in 2029 / Equity ratio Actual results 39.8% / ROE Not disclosed / ROIC Not disclosed / Debt-to-equity ratio Not disclosed
Annual DividendAnnual dividend per share ¥12.25 per share / Interim and Year-End Breakdown Q1 ¥2.68, Q2 ¥2.97, Q3 ¥2.60, Q4 ¥4.00
Payout ratio100% (with a floor of ¥10 per share)
Acquisition of treasury sharesShare repurchases mentioned. The repurchase amount, number of shares and period are not disclosed
Market Size / ShareA projected shortage of 2.56 million manufacturing workers by 2040
New initiativesMembership and points program through Tameru Work, Making employees shareholders through an employee share benefit plan, Placement service for fixed-term employees in the automotive industry, Expansion of Next UT (transition from dispatched workers to permanent employees), Launch of a recruitment app for external users in July 2026, Integration with and update of the internal app in January 2027, Planned transition to a single segment from the fiscal year ending March 2027
Items this document does not state (7)
Full-year earnings forecastProgress against full-year forecastNumber of stores and locationsRisk amount incorporated into the outlookCapital expendituresOrders received and order backlogKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Improved pricing and margin rates, lower standby costs through the optimization of unutilized personnel, and reductions in SG&A expenses, including personnel expenses, recruitment costs, depreciation and amortization, and goodwill amortization. Operating profit also benefited from lower-than-expected provisions for share-based compensation expenses and a ¥500 million upside in gross profit.

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Earnings Presentation Materials for the Fiscal Year Ending March 2026 | UT Group Co.,Ltd. (2146) timely disclosure | Komori