Open Up Group Inc.

2154 株式会社夢真ビーネックスグループ

Staffing & Employment Services · Prime · TSE: Disclosed

PRICE: ¥1,880 · MKT CAP: ¥163.7B · P/E: 13.0x · P/B: 1.66x · DIV YIELD: 4.0%

PRICE — 5Y

Characteristics & Business Summary

Open Up Group Inc., together with its subsidiaries, engages in the dispatch of engineers to manufacturers, construction contractors, and IT companies in Japan, the United Kingdom, and internationally. It operates through Machinery, Electronics and IT...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net Sales	95,110	148,573	161,689	173,225	187,954
Operating Profit	3,356	10,103	12,760	14,293	16,244
Ordinary Profit	4,935	—	—	—	—
Net Profit	2,611	6,975	9,533	11,768	12,559
EPS	¥29	¥79	¥110	¥135	¥144
DPS	¥44	¥45	¥50	¥65	¥75

Balance Sheet & Valuation Highlights

Total Assets ¥123B

Net Assets (Equity) ¥79B

Equity Ratio 64.3%

ROE (Return on Equity) 15.9%

Cash & Equivalents ¥20B

Interest-Bearing Debt ¥5B

Capital Expenditure (CapEx) ¥1B

Depreciation & Amort. ¥2B

Major Shareholders

1. Japan Master Trust Bank 14.1%
2. 中山隼雄 9.6%
3. 株式会社アミューズキャピタル 7.2%
4. Japan Custody Bank 6.7%
5. 有限会社志 6.6%
6. State Street Bank and Trust Company 4.9%
7. 佐藤大央 3.3%
8. 佐藤淑子 3.2%
9. 株式会社アミューズキャピタルインベストメント 2.7%
10. State Street Bank and Trust Company 1.4%

Activist Activity

M&G Investment Management Limited 9.9%

2026-03-06 · change

Sumitomo Mitsui Trust Bank,Limited 5.72%

2025-09-19 · change

Amuse Capital Inc. 18.51%

2025-09-04 · change

kokoro 4.56%

2025-08-20 · change

M&G Investment Management Limited 8.59%

2024-09-06 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues per share	¥1,045	¥1,676	¥1,863	¥1,990	¥2,158
FCF/Share	¥37	¥170	¥175	¥214	¥154
EPS	¥29	¥79	¥110	¥135	¥144
DPS	¥44	¥45	¥50	¥65	¥75
Capital Spending per share	¥2	¥5	¥5	¥7	¥9
Book Value per share	¥1,053	¥714	¥748	¥841	¥905
Common Shares Outstanding	91M	89M	87M	87M	87M

Financial Aggregates & Margins

Financial Aggregate	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues (Net Sales)	¥95B	¥149B	¥162B	¥173B	¥188B
Operating Margin (%)	3.5%	6.8%	7.9%	8.3%	8.6%
Net Profit (owners)	¥3B	¥7B	¥10B	¥12B	¥13B
Net Profit Margin (%)	2.7%	4.7%	5.9%	6.8%	6.7%
Working Capital	¥12B	¥3B	¥7B	¥8B	¥4B
Total Debt (Interest-bearing)	¥11B	¥2B	¥2B	¥2B	¥5B
Net Worth (Common Equity)	¥96B	¥63B	¥65B	¥73B	¥79B
Return on Total Assets (ROA)	2.0%	7.2%	9.4%	10.1%	10.2%
Return on Common Equity (ROE)	2.7%	11.0%	14.7%	16.1%	15.9%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.