Employees: 9,028
Size Pasona (2168.T) is a Japan Industrials company (Personnel Services) with a market value of $344M, the 1271st largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,442 on 6 Nov 2026.
Performance Over six months the shares fell 11.5%, against +11.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 0.3% over the last twelve months (peer median +1.6%); the operating margin is -0.2% (peer median 4.3%).
Valuation It trades at 0.1× enterprise value to sales against a peer median of 0.5× (cheapest of 21).
Capital Return on invested capital runs 6.5 points below its cost of capital (6.1% WACC).
Next results Next results expected around 8 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥311B | ¥308B | ¥309B | ¥357B | ¥373B |
| Revenue growth | — | 0% | -13% | -4% | — |
| Gross profit | ¥71.7B | ¥68.4B | ¥65.8B | ¥81.6B | ¥87.9B |
| EBITDA | ¥2.91B | ¥1.79B | ¥1.85B | ¥13.1B | ¥20.2B |
| Net income | -¥2.29B | -¥3.39B | -¥8.66B | ¥95.9B | ¥6.10B |
| Free cash flow | n/a | -¥15.2B | -¥10.6B | -¥7.85B | -¥3.07B |
| Capital expenditure | n/a | ¥21.8B | ¥18.3B | ¥20.1B | ¥13.6B |
| Total debt | ¥37.4B | ¥38.9B | ¥32.7B | ¥42.3B | ¥58.3B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2168.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.2% | -1.5% | 9th lowest of 21 |
| 6-month return | -11.5% | +11.8% | 3rd lowest of 21 |
| Distance from 52-week high | -34.0% | -12.3% | lowest of 21 |
| Revenue growth (TTM) | +0.3% | +1.6% | 9th lowest of 21 |
| Operating margin | -0.2% | 4.3% | 2nd lowest of 21 |
| EV / Sales | 0.1× | 0.5× | cheapest of 21 |
| ROIC minus cost of capital | -6.5 pp | +7.1 pp | 3rd lowest of 21 |
| Net debt / EBITDA | -14.9× | -0.7× | least indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Pasona 2168.T | Japan | $344M | -12% | 0% | 0% | 0.1× | n/a | n/a |
| Altech 4641.T | Japan | $329M | +4% | +6% | 9% | 0.7× | -13.7% | +8.0% |
| TrueBlue TBI | United States | $370M | +117% | +10% | -2% | 0.3× | n/a | n/a |
| Link and Motivation 2170.T | Japan | $376M | +4% | +11% | 13% | 1.7× | -0.3% | +6.2% |
| World 2429.T | Japan | $302M | +4% | +11% | 3% | 0.4× | -3.5% | +14.6% |
| Fullcast 4848.T | Japan | $401M | +12% | +33% | 9% | 0.6× | -12.6% | +12.3% |
| SThree STEM.L | United Kingdom | $481M | +65% | -9% | 2% | 0.3× | 10.2% | +1.6% |
| en Inc. 4849.T | Japan | $504M | +60% | -11% | 7% | 1.0× | 5.3% | +6.7% |
| Quess QUESS.NS | India | $505M | +41% | -12% | 2% | 0.3× | 16.3% | +7.1% |
| Kelly Services KELYA | United States | $507M | +40% | -10% | 1% | 0.1× | 12.8% | -1.2% |
| HRnetGroup CHZ.SI | Singapore | $519M | -9% | +1% | 7% | 0.6× | -13.1% | +6.2% |
| dip 2379.T | Japan | $520M | -17% | -9% | 7% | 1.3× | -1.1% | +11.0% |
| Groupe Crit CEN.PA | France | $534M | -20% | +1% | 3% | 0.1× | n/a | n/a |
| Beijing Career International 300662.SZ | China | $643M | -10% | +13% | 2% | 0.3× | 10.6% | +29.9% |
| Barrett Business Services BBSI | United States | $725M | 0% | +6% | 4% | 0.5× | 1.9% | +7.1% |
| Synergie SDG.PA | France | $753M | -3% | +5% | 3% | 0.1× | -13.4% | +8.2% |
| UT Group Co.,Ltd. 2146.T | Japan | $868M | +22% | -13% | 7% | 0.7× | 6.7% | +7.7% |
| Michael Page PAGE.L | United Kingdom | $896M | +60% | -3% | 2% | 0.5× | 23.5% | +4.1% |
| Grupa Pracuj spolka akcyjna GPP.WA | Poland | $919M | +23% | +5% | 37% | 4.1× | -1.9% | +22.1% |
| Kforce KFRC | United States | $970M | +25% | +2% | 5% | 0.8× | 9.8% | -1.0% |
| Open Up 2154.T | Japan | $1.11B | +12% | -11% | 10% | 1.0× | -6.5% | +11.1% |