MEDLEY,INC.

4480 株式会社メドレー

Information & Communication · Prime · TSE: Disclosed

PRICE: ¥2,038 · MKT CAP: ¥63.0B · P/E: 66.6x · P/B: 4.26x · DIV YIELD: 0.0%

PRICE — 5Y

Characteristics & Business Summary

Medley, Inc. operates platforms for recruitment and medical businesses in Japan and the United States. It operates through three segments: Human Resources Platform Business, Medical Platform Business, and New Development Services. The company manages...

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

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net Sales	6,831	10,864	14,185	20,532	29,302	36,786
Operating Profit	396	733	1,290	2,661	2,326	2,150
Ordinary Profit	423	743	1,526	3,755	4,078	2,202
Net Profit	456	563	1,017	2,566	2,798	975
EPS	¥15	¥18	¥32	¥79	¥86	¥32
DPS	¥0	¥0	¥0	¥0	¥0	¥0

Balance Sheet & Valuation Highlights

Total Assets ¥41B

Net Assets (Equity) ¥15B

Equity Ratio 35.9%

ROE (Return on Equity) 6.5%

Cash & Equivalents ¥9B

Interest-Bearing Debt ¥16B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥1B

Major Shareholders

1. 瀧口浩平 19.4%
2. 豊田剛一郎 9.0%
3. Japan Master Trust Bank 6.8%
4. Northern Trust Company 6.3%
5. Japan Custody Bank 4.3%
6. GOLDMAN,SACHS & CO.REG（常任代理人ゴールドマン・サックス証券株式会社） 3.6%
7. Citibank, N.A. 3.1%
8. State Street Bank and Trust Company 2.7%
9. BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC) （常任代理人株式会社三菱UFJ銀行） 2.6%
10. Goldman Sachs 2.3%

Activist Activity

North Peak Capital Management, LLC 3.88%

2026-03-04 · change

North Peak Capital Management, LLC 5.1%

2026-03-03 · change

Polar Capital LLP 8.81%

2026-01-28 · change

North Peak Capital Management, LLC 6.33%

2025-11-27 · change

North Peak Capital Management, LLC 5.03%

2025-11-21 · initial_5pct

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues per share	¥221	¥341	¥442	¥635	¥901	¥1,190
FCF/Share	¥25	¥31	¥58	¥114	¥73	¥106
EPS	¥15	¥18	¥32	¥79	¥86	¥32
DPS	¥0	¥0	¥0	¥0	¥0	¥0
Capital Spending per share	¥1	¥2	¥5	¥6	¥2	¥7
Book Value per share	¥315	¥438	¥461	¥542	¥622	¥485
Common Shares Outstanding	31M	32M	32M	32M	33M	31M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues (Net Sales)	¥7B	¥11B	¥14B	¥21B	¥29B	¥37B
Operating Margin (%)	5.8%	6.7%	9.1%	13.0%	7.9%	5.8%
Net Profit (owners)	¥0B	¥1B	¥1B	¥3B	¥3B	¥1B
Net Profit Margin (%)	6.7%	5.2%	7.2%	12.5%	9.5%	2.7%
Working Capital	¥9B	¥9B	¥10B	¥11B	¥0B	¥-12B
Total Debt (Interest-bearing)	¥4B	¥3B	¥2B	¥2B	¥15B	¥16B
Net Worth (Common Equity)	¥10B	¥14B	¥15B	¥18B	¥20B	¥15B
Return on Total Assets (ROA)	2.9%	2.8%	4.7%	10.1%	6.2%	2.4%
Return on Common Equity (ROE)	4.7%	4.0%	6.9%	14.6%	13.8%	6.5%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.