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Open Up Group Inc. (JP:2154)
:2154
Japanese Market
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Open Up Group Inc. (2154) AI Stock Analysis

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JP:2154

Open Up Group Inc.

(2154)

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Outperform 78 (OpenAI - 5.2)
Rating:78Outperform
Price Target:
¥2,242.00
▲(21.78% Upside)
Action:Reiterated
Date:08/10/26
The score is driven primarily by strong financial performance (steady post-2022 profitability, conservative balance sheet, and reliable free cash flow), supported by attractive valuation (moderate P/E and high dividend yield). Technical signals are mixed, with short-term softness despite longer-term trend support, which tempers the overall rating.
Positive Factors
Conservative Balance Sheet
Low historical leverage and a growing equity base provide financial flexibility for investment and help the company withstand demand volatility. This supports resilience over the next several quarters, although the recent debt increase warrants monitoring.
Negative Factors
Revenue Volatility
The latest revenue contraction and history of a severe loss show that performance can weaken materially across cycles. Persistent volatility could limit earnings visibility and make staffing and welfare-service capacity planning more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Low historical leverage and a growing equity base provide financial flexibility for investment and help the company withstand demand volatility. This supports resilience over the next several quarters, although the recent debt increase warrants monitoring.
Read all positive factors

Open Up Group Inc. (2154) vs. iShares MSCI Japan ETF (EWJ)

Open Up Group Inc. Business Overview & Revenue Model

Company Description
Based in Tokyo, Japan, and established in 1959, BeNext-Yumeshin Group Co. is a comprehensive provider of human resource and technical services for the technology and manufacturing sectors, operating both domestically and internationally. The compa...
How the Company Makes Money
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Open Up Group Inc. Financial Statement Overview

Summary
Strong overall fundamentals: solid profitability since 2022, conservative balance sheet with historically low-to-moderate leverage and growing equity, and consistently positive operating/free cash flow with good earnings quality. Key risks are cyclicality/volatility (notably the 2021 loss and a 2026 revenue decline vs. 2025) and higher debt in 2026.
Income Statement
78
Positive
Balance Sheet
86
Very Positive
Cash Flow
81
Very Positive
BreakdownJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue167.48B187.95B173.22B150.70B148.57B
Gross Profit46.24B45.11B40.02B34.79B31.54B
EBITDA18.75B18.76B16.87B14.87B13.43B
Net Income11.83B12.56B11.77B9.53B6.97B
Balance Sheet
Total Assets129.40B122.70B116.57B101.49B96.52B
Cash, Cash Equivalents and Short-Term Investments23.19B20.35B21.51B16.08B12.40B
Total Debt9.98B7.66B3.92B7.05B4.17B
Total Liabilities49.10B43.83B43.22B36.47B33.17B
Stockholders Equity80.23B78.83B73.20B64.96B63.31B
Cash Flow
Free Cash Flow17.59B13.39B18.60B15.17B15.06B
Operating Cash Flow17.88B14.16B19.18B15.60B15.50B
Investing Cash Flow-2.81B-5.92B-5.03B611.00M-2.16B
Financing Cash Flow-12.28B-9.32B-8.89B-12.67B-22.05B

Open Up Group Inc. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1841.00
Price Trends
50DMA
1960.12
Positive
100DMA
1866.59
Positive
200DMA
1816.41
Positive
Market Momentum
MACD
21.10
Positive
RSI
59.73
Neutral
STOCH
67.88
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2154, the sentiment is Positive. The current price of 1841 is below the 20-day moving average (MA) of 2013.30, below the 50-day MA of 1960.12, and above the 200-day MA of 1816.41, indicating a bullish trend. The MACD of 21.10 indicates Positive momentum. The RSI at 59.73 is Neutral, neither overbought nor oversold. The STOCH value of 67.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2154.

Open Up Group Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
84
Outperform
¥257.87B17.0332.73%5.84%2.95%19.02%
78
Outperform
¥182.08B14.694.01%-10.89%-3.85%
78
Outperform
¥22.54T40.7533.09%0.21%9.31%43.87%
76
Outperform
¥677.37B14.8820.65%4.42%9.70%30.96%
73
Outperform
¥165.03B17.562.38%12.35%28.70%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
46
Neutral
¥63.28B-18.68-2.64%0.77%-0.24%59.25%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:2154
Open Up Group Inc.
2,042.00
285.43
16.25%
JP:9744
Meitec
3,378.00
260.82
8.37%
JP:2168
Pasona Group
1,685.00
-330.38
-16.39%
JP:6098
Recruit Holdings Co
17,155.00
8,534.68
99.01%
JP:2181
PERSOL HOLDINGS CO
296.90
31.83
12.01%
JP:2124
JAC Recruitment Co., Ltd.
998.00
-65.02
-6.12%

Open Up Group Inc. Corporate Events

Open Up Group Raises Interim Dividend and Lifts Annual Payout for FY6/26
Aug 7, 2026
Open Up Group Inc. has approved an interim dividend of 50 yen per share from retained earnings, with a record date of June 30, 2026, and a total payout of 4,253 million yen. This marks an increase from the prior fiscal year’s 45 yen interim ...
Open Up Group Lifts Dividend as Profit Holds Firm Despite Revenue Decline
Aug 7, 2026
Open Up Group Inc. reported a 10.9% decline in revenue to ¥167.5 billion for the fiscal year ended June 30, 2026, but modestly increased business profit and operating profit, with profit attributable to owners of the parent slipping 5.8% to &...
Open Up Group Revamps Leadership to Navigate Shifting HR Landscape
Jul 31, 2026
Open Up Group Inc. has announced a leadership reshuffle that will see Chairman and President Yutaka Nishida become Representative Director and Chairman, while Asako Hayata is slated to assume the role of Representative Director and President follo...
Open Up Group Posts Stable June Utilization as Technical Staffing Demand Holds
Jul 24, 2026
Open Up Group reported that its total domestic engineer base stood at 24,415 at the end of June 2026, with an overall utilization rate of 93.7%, reflecting a modest month‑on‑month increase in both headcount and deployment despite a sli...
Open Up Group Lifts Engineer Utilization Despite Slight Headcount Decline
Jun 26, 2026
Open Up Group reported that its total pool of domestic engineers stood at 24,350 at the end of May 2026, slightly down month-on-month and year-on-year, while overall utilization improved to 93.4%. The company’s disclosure shows rising utiliz...
Open Up Group Expands Engineer Headcount Despite Temporary Dip in Utilization
May 22, 2026
Open Up Group reported that its total pool of domestic engineers rose to 24,424 at the end of April 2026, up 316 month on month, while the overall utilization rate fell to 92.3%, a 2.7-point decline from March and roughly flat year on year. The co...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 10, 2026