2168
Pasona Group Inc.
株式会社パソナグループ
Industrials · Staffing & Employment Services
Pasona Group Inc., together with its subsidiaries, engages in the provision of human resources consulting, recruitment, temporary staffing, education, training, and contracting and outsourcing services in Japan. The company offers HR and BPO solutions, such as expert services, recruitment, and career support services; business process outsourcing; public solutions; DX promotion services; management and HR consulting; reskilling and business training/next generation leader training; and health management promotion support services. It also provides childcare support; early childhood and child education/human resource development; nursing care facility management; support for balancing work and caregiving; and housekeeping services. In addition, the company offers staffing, recruitment agency, executive search, and job expo; expatriate payroll, establishment of salary regulations, and global personnel system/evaluation system/work regulations; support for expanding overseas bases and business improvement proposals; and mental health care, health management support, and employee benefit services. Further, it is involved in regional revitalization; tourism and sightseeing; restaurant and café; wellness retreat; agriculture; arts and culture/entertainment; and educational community businesses. The company was founded in 1976 and is headquartered in Tokyo, Japan.
Read more
← Companies
⚠ TSE Capital Mandate
P / Book
0.46×
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥309.2B
¥356.7B
¥372.6B
¥366.1B
¥334.5B
Cost of Sales
¥241.3B
¥271.9B
¥281.1B
¥276.4B
¥251.6B
Gross Profit
¥68.0B
¥84.8B
¥91.5B
¥89.7B
¥83.0B
SG&A
¥69.2B
¥78.0B
¥77.1B
¥67.6B
¥63.0B
Operating Income
¥-1.2B
¥6.8B
¥14.4B
¥22.1B
¥19.9B
Non-Operating Income
¥1.3B
¥1.1B
¥1.8B
¥2.0B
¥1.7B
Interest Income
¥159M
¥43M
¥41M
¥28M
¥40M
Non-Operating Expenses
¥568M
¥787M
¥798M
¥1.6B
¥1.3B
Interest Expense
¥331M
¥439M
¥393M
¥293M
¥290M
Ordinary Income
¥-460M
¥7.2B
¥15.4B
¥22.5B
¥20.4B
Pre-tax Income
¥-5.8B
¥106.3B
¥16.8B
¥22.3B
¥16.7B
Income Taxes
¥2.1B
¥6.8B
¥6.1B
¥8.9B
¥7.0B
Current Tax
¥2.0B
¥4.9B
¥7.5B
¥8.8B
¥7.9B
Deferred Tax
¥126M
¥1.9B
¥-1.4B
¥69M
¥-915M
Net Income (owners)
¥-8.7B
¥95.9B
¥6.1B
¥8.6B
¥6.8B
Minority Interest
¥716M
¥3.5B
¥4.6B
¥4.8B
¥2.9B
Comprehensive Income
¥-8.4B
¥99.4B
¥10.5B
¥14.4B
¥10.3B
EBITDA
¥1.9B
¥13.1B
¥20.2B
¥27.2B
¥24.4B
Goodwill Amort. (J-GAAP)
¥336M
¥750M
¥721M
¥709M
¥662M
EPS
¥-221.80
¥2,447.56
¥155.70
¥220.19
¥173.36
Shares Outstanding
39.4M
40.3M
39.9M
39.9M
39.9M
Shares Issued (total)
40.2M
41.7M
41.7M
41.7M
41.7M
Treasury Shares
0.8M
1.4M
1.8M
1.8M
1.8M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥265.0B
¥301.1B
¥275.5B
¥203.7B
¥151.6B
Current Assets
¥188.9B
¥243.6B
¥194.3B
¥131.1B
¥108.9B
Cash & Deposits
¥124.8B
¥192.3B
¥123.1B
¥67.0B
¥54.5B
Trade Receivables
¥33.4B
¥33.6B
¥41.0B
¥40.9B
—
Inventories
¥1.3B
¥1.1B
¥2.5B
¥2.8B
¥2.2B
Non-Current Assets
¥76.0B
¥57.3B
¥81.1B
¥72.5B
¥42.6B
PP&E
¥47.1B
¥35.5B
¥33.7B
¥27.3B
¥18.6B
Goodwill
¥815M
¥842M
¥7.4B
¥6.8B
¥1.6B
Intangible Assets
¥7.6B
¥5.0B
¥26.6B
¥23.2B
¥6.4B
Investment Securities
¥7.7B
¥3.3B
¥6.6B
¥6.9B
¥5.0B
Deferred Tax Assets
¥1.9B
¥1.6B
¥2.9B
¥2.7B
¥3.2B
Total Liabilities
¥123.9B
¥146.4B
¥203.9B
¥136.6B
¥101.9B
Current Liabilities
¥87.7B
¥103.9B
¥144.8B
¥83.6B
¥70.8B
ST Debt
¥6.0B
¥9.3B
¥10.3B
¥9.6B
¥9.4B
Taxes Payable
¥1.6B
¥1.1B
¥3.1B
¥5.9B
¥4.1B
Non-Current Liabilities
¥36.2B
¥42.5B
¥59.1B
¥53.0B
¥31.1B
Total LT Borrowings
¥25.8B
¥32.1B
¥46.7B
¥42.6B
¥23.2B
Pension Obligations
¥2.4B
¥2.4B
¥2.4B
¥2.3B
¥2.3B
Deferred Tax Liab.
¥1.3B
¥1.3B
¥2.4B
¥3.5B
¥1.0B
Total Equity
¥141.1B
¥154.7B
¥71.6B
¥67.1B
¥49.8B
Capital Stock
¥5.0B
¥5.0B
¥5.0B
¥5.0B
¥5.0B
Capital Surplus
¥16.0B
¥17.5B
¥17.1B
¥17.8B
¥14.0B
Retained Earnings
¥115.8B
¥127.4B
¥32.9B
¥28.2B
¥20.8B
Treasury Stock
¥-2.6B
¥-2.7B
¥-2.4B
¥-2.4B
¥-2.4B
AOCI
¥760M
¥1.2B
¥1.3B
¥1.3B
¥741M
Equity (owners)
¥134.2B
¥147.3B
¥52.7B
¥48.6B
¥37.4B
Minority Interests
¥6.2B
¥6.2B
¥17.6B
¥17.2B
¥11.6B
Total Interest-Bearing Debt ⓘ
¥31.8B
¥41.3B
¥57.0B
¥52.2B
¥32.6B
Net Cash ⓘ
¥93.0B
¥151.0B
¥66.0B
¥14.8B
¥21.9B
NCAV ⓘ
¥65.0B
¥97.2B
¥-9.6B
¥-5.5B
¥7.0B
NCAV/Share
¥1,650
¥2,415
¥-241
¥-137
¥175
BV/Share
¥3,404
¥3,659
¥1,320
¥1,219
¥938
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥4.3B
¥7.4B
¥6.0B
¥10.1B
¥18.9B
Interest Paid
¥-335M
¥-445M
¥-374M
¥-286M
¥-292M
Interest Received
¥112M
¥103M
¥98M
¥86M
¥87M
D&A
¥2.8B
¥5.6B
¥5.1B
¥4.4B
¥3.8B
Goodwill Amort.
¥336M
¥750M
¥721M
¥709M
¥662M
Investing CF
¥-47.6B
¥94.3B
¥-12.5B
¥-29.6B
¥-9.7B
CapEx
¥14.9B
¥15.2B
¥9.0B
¥11.6B
¥7.0B
Purchase Investments
¥-4.5B
¥-417M
¥-595M
¥-744M
¥-33M
Proceeds from Invest.
¥245M
¥0M
¥1.8B
¥95M
¥7M
Financing CF
¥-15.1B
¥-12.9B
¥-2.3B
¥23.5B
¥-5.1B
Dividends Paid
¥-3.0B
¥-1.4B
¥-1.4B
¥-1.2B
¥-756M
Share Buybacks
¥-1.7B
¥-597M
¥0M
¥0M
—
LT Debt Repaid
¥-9.1B
¥-10.3B
¥-10.3B
¥-11.1B
¥-8.9B
Free Cash Flow
¥-10.6B
¥-7.8B
¥-3.1B
¥-1.5B
¥11.8B
Net Change in Cash
¥-58.4B
¥89.1B
¥-8.7B
¥4.3B
¥4.2B
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
-6.1%
94.7%
11.7%
19.6%
19.4%
ROA
-3.1%
33.3%
2.5%
4.9%
4.5%
EPS
¥-221.80
¥2,447.56
¥155.70
¥220.19
¥173.36
DPS
¥75.00
¥75.00
¥35.00
¥35.00
¥30.00
BPS
¥3,517.00
¥3,789.42
¥1,378.40
¥1,276.00
¥974.85
FCF/Share
¥-268
¥-195
¥-77
¥-38
¥297
NCAV/Share
¥1,650
¥2,415
¥-241
¥-137
¥175
Payout Ratio
—
3.1%
22.5%
15.9%
17.3%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 5
Date Activist Stake Event Flag Demands Source
2026-05-21
Oasis Management Company Ltd.
0.19%
-4.83%
change
✓ Activist
—
2025-12-18
Yasuyuki Nambu
45.44%
-0.6%
change
Passive
—
2025-06-02
Yasuyuki Nambu
46.04%
change
Passive
—
2024-07-29
Oasis Management Company Ltd.
5.02%
initial_5pct
✓ Activist
—
2023-12-27
Tempered Investment Management LTD.
4.59%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 2
#
Shareholder
Shares (thou.)
% of Total
1
南部 靖之
14,763,200
37.45%
2
株式会社南部エンタープライズ
3,738,500
9.48%
3
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
3,140,900
7.97%
4
Japan Custody Bank
株式会社日本カストディ銀行(信託E口)
1,053,665
2.67%
5
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
902,100
2.29%
6
BNP PARIBAS LONDON BRANCH FOR PRIME BROKERAGE CLEARANCE ACC FOR THIRD PARTY(常任代理人 香港上海銀行 東京支店 カストディ業務部)
819,775
2.08%
7
株式会社グラティツード
596,600
1.51%
8
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)(常任代理人 株式会社三菱UFJ銀行)
534,607
1.36%
9
株式会社メディカル・コンシェルジュ
520,000
1.32%
10
JP JPMSE LUX RE UBS AG LONDON BRANCH EQ CO
JP JPMSE LUX RE UBS AG LONDON BRANCH EQ CO(常任代理人 株式会社三菱UFJ銀行)
511,400
1.30%
Domestic Nominees
12.9%
+2.3% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
-1.8% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
54.5%
+0.1% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
南部 靖之
37.00%
36.68%
37.45%
+0.77%
式会社南部エンタープライズ
9.37%
9.29%
9.48%
+0.19%
Japan Master Trust Bank
日本マスタートラスト信託銀行
7.55%
6.35%
7.97%
+1.62%
Japan Custody Bank
日本カストディ銀行
4.01%
4.25%
4.96%
+0.71%
BNP PARIBAS LONDON BRANCH FOR PRIME BROKERAGE CLEARANCE ACC FOR THIRD PARTY
NEW ENTRY
—
—
—
2.08%
NEW
式会社グラティツード
↑
—
1.48%
1.51%
+0.03%
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)
NEW ENTRY
—
—
—
1.36%
NEW
式会社メディカル・コンシェルジュ
NEW ENTRY
—
—
—
1.32%
NEW
UBS
—
2.00%
1.30%
-0.70%
CEPLUX-THE INDEPENDENT UCITS PLATFORM 2
CEPLUX-THE INDEPENDENT UCITS PLATFORM 2
last seen 2024
Exited Top 10
—
2.69%
—
NOMURA INTERNATIONAL PLC A/C JAPAN FLOW
last seen 2024
Exited Top 10
—
2.29%
—
BNY Mellon
last seen 2024
Exited Top 10
5.71%
1.79%
—
JP Morgan
last seen 2023
Exited Top 10
1.55%
—
—
INDUS SELECT MASTER FUND, LTD.
last seen 2023
Exited Top 10
1.85%
—
—
AVI GLOBAL TRUST PLC
last seen 2023
Exited Top 10
2.10%
—
—
Credit Suisse
last seen 2023
Exited Top 10
1.96%
—
—
Concentration (HHI)
ⓘ
1577
1512
1592
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥2M
+100% since 2023
Holdings
2
Trend
Stable
vs 2023
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding