Human Holdings Co., Ltd. (2415) AI Stock Analysis

Human Holdings Co., Ltd.

(TSE/TYO:2415)

Select Model

Rating:74Outperform

Price Target:JPY 1,781.00▲(14.90% Upside)

Action:reiterated

Date:08/17/26

The overall score of 74 is driven primarily by the company's highly attractive valuation and stable financial fundamentals, notably its strong balance sheet and dependable top-line revenue growth. While the stock's mid-to-long-term technical trend remains sluggish below major moving averages, the low P/E ratio and solid dividend yield present significant upside appeal. Thin profit margins and historic cash flow volatility are the primary fundamental risks limiting a higher score.

Positive Factors

Deleveraging & stronger balance sheetMeaningful deleveraging improves financial resilience and lowers refinancing and interest risk. A stronger balance sheet increases capacity for strategic investment, supports dividend maintenance, and provides a longer-term buffer against cyclical weakness in education and HR services.

Negative Factors

Thin, volatile net marginsVery narrow net margins leave limited downside protection and make reported earnings highly sensitive to non-operating items and one-offs. Over months, this increases earnings volatility and makes funding dividends and maintaining ROE dependent on stable below‑the‑line items.

Human Holdings Co., Ltd. (2415) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 16.09B
Dividend Yield: 4.40%
Average Volume (3M): 5,576
Price to Earnings (P/E): 6.9
Beta (1Y): 0.66
Revenue Growth: 1.87%
EPS Growth: -14.94%
Country: Japan
Employees: 4,740
Sector: Consumer Defensive
Sector Strength: 62
Industry: Staffing & Employment Services

Human Holdings Co., Ltd. Business Overview & Revenue Model

Company Description

Established in Tokyo, Japan, in 1985, Human Holdings Co., Ltd. is a multifaceted enterprise with operations spanning domestic and international markets, primarily centered around human resources, education, and elder care. Within its human resource d...

How the Company Makes Money

Human Holdings generates revenue primarily through its operating subsidiaries, with earnings consolidated at the holding company level. Key revenue streams include: (1) Human resources services: fees derived from staffing/temporary worker dispatch an...

Human Holdings Co., Ltd. Financial Statement Overview

Summary

The company demonstrates solid financial stability, anchored by an excellent balance sheet reflecting diligent debt reduction and equity expansion. While consistent revenue growth is a positive, the overall financial score is moderately tempered by thin profit margins and historical cash flow volatility.

Income Statement

70Positive

Balance Sheet

85Very Positive

Cash Flow

68Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	103.21B	102.54B	100.33B	95.90B	91.57B	86.29B
Gross Profit	26.43B	25.86B	25.34B	24.10B	22.32B	21.33B
EBITDA	4.56B	4.56B	4.31B	4.06B	3.01B	3.41B
Net Income	2.34B	2.22B	2.61B	2.16B	1.45B	1.65B
Balance Sheet
Total Assets	52.16B	52.15B	50.85B	51.26B	48.76B	46.32B
Cash, Cash Equivalents and Short-Term Investments	30.18B	29.13B	27.84B	29.15B	27.17B	25.50B
Total Debt	10.72B	9.36B	9.80B	10.62B	11.27B	10.84B
Total Liabilities	32.80B	32.61B	32.75B	35.13B	34.05B	32.70B
Stockholders Equity	19.35B	19.53B	18.10B	16.13B	14.72B	13.63B
Cash Flow
Free Cash Flow	0	2.54B	558.42M	3.89B	1.83B	1.11B
Operating Cash Flow	0	3.28B	1.52B	4.62B	2.53B	1.83B
Investing Cash Flow	0	-764.96M	-1.38B	-1.23B	-1.03B	-1.27B
Financing Cash Flow	0	-1.23B	-1.46B	-1.43B	-114.84M	2.10B

Human Holdings Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price1550.00

Price Trends

50DMA1618.90Negative

100DMA1603.43Negative

200DMA1659.74Negative

Market Momentum

MACD-14.53Positive

RSI36.30Neutral

STOCH19.06Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2415, the sentiment is Negative. The current price of 1550.00 is below the 20-day moving average (MA) of 1582.40, below the 50-day MA of 1618.90, and below the 200-day MA of 1659.74, indicating a bearish trend. The MACD of -14.53 indicates Positive momentum. The RSI at 36.30 is Neutral, neither overbought nor oversold. The STOCH value of 19.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2415.

Human Holdings Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (62)

Financial Indicators

JP:2415 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:4718	86Outperform	JPY 52.03B	19.03	―	2.39%	8.48%	20.40%
JP:6200	77Outperform	JPY 54.93B	13.23	―	5.15%	7.21%	6.42%
JP:2415	74Outperform	JPY 16.10B	6.86	―	4.40%	1.87%	-14.94%
JP:9470	68Neutral	JPY 44.39B	12.09	―	2.85%	7.30%	12.44%
Sector *	62Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
JP:4668	55Neutral	JPY 16.25B	21.02	―	4.14%	4.87%	-51.32%
JP:7097	51Neutral	JPY 13.03B	17.80	―	1.00%	-4.32%	4.85%

* Consumer Defensive Sector Average

Performance Comparison

JP:2415 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:2415	Human Holdings Co., Ltd.	1550.00	-412.67	-21.03%
JP:4668	Meiko Network Japan Co., Ltd.	700.00	22.66	3.35%
JP:4718	Waseda Academy Co., Ltd.	2715.00	456.20	20.20%
JP:6200	Insource Co.,Ltd.	679.00	-145.35	-17.63%
JP:7097	Sakurasaku Plus Co., Ltd.	2795.00	238.59	9.33%
JP:9470	Gakken Holdings Co., Ltd.	1017.00	16.31	1.63%

Human Holdings Co., Ltd. Corporate Events

Human Holdings lifts Q1 profit and EPS while guiding for modest full-year growth

Aug 17, 2026

Human Holdings Co., Ltd. reported consolidated net sales of ¥26.3 billion for the three months ended June 30, 2026, a 2.6% year-on-year increase, with ordinary profit up 13.9% to ¥890 million despite a 5.9% decline in operating profit. Prof...

Human Holdings posts modest sales growth but lower profit, trims dividend outlook

May 18, 2026

Human Holdings reported fiscal 2026 consolidated net sales of ¥102.5 billion, up 2.2% year on year, with operating profit rising 6.1% to ¥3.6 billion and ordinary profit up 8.7% to ¥3.9 billion, while profit attributable to owners of t...

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 17, 2026

Human Holdings Co., Ltd. AI Stock Analysis