Overview
Services

FULLCAST HOLDINGS CO.,LTD.

Fullcast Holdings is a comprehensive human resources services group primarily engaged in short-term staffing and temporary placement, connecting registered staff of over 9.76 million with corporate clients across Japan through 321 service locations nationwide. The Group's core 'Short-term Business Support' segment provides flexible workforce solutions in logistics, warehousing, manufacturing, food & beverage, and office sectors, supplemented by payroll management BPO, driver dispatch, senior worker placement, and foreign worker placement services. Additional business segments include sales support (telecom product agency sales and call center operations), a food & beverage chain business, and security services.

Market Cap
US$400M
¥63.9B
EV
US$347M
¥55.5B
StockUS$11.59(¥1,851)▲+1.15%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
5.9
x
LTM EV/EBIT
6.9
x
LTM PER
13.8
x
LTM PBR
2.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-7.3%pt
1001
Nov 13, 25 – Nov 13, 26StockTOPIX
1Aug 10, 26Q2 FY2026/12 earnings announced; Board approved share buyback
MC → EV Bridge
US$400M¥63.9BMarket CapUS$124M¥19.8B+ DebtUS$158M¥25.3B− CashUS$31.1M¥4.97B− Inv. Sec.US$12.4M¥1.98B+ NCIUS$347M¥55.5BEV
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Performance & Balance
Revenue 5Y (US$)
US$328M¥52.4B'21/12US$405M¥64.6B'22/12US$432M¥69.0B'23/12US$429M¥68.6B'24/12US$484M¥77.2B'25/12
EBITDA 5Y (US$)
US$50.2M¥8.02B'21/12US$64.0M¥10.2B'22/12US$58.9M¥9.41B'23/12US$50.6M¥8.09B'24/12US$57.1M¥9.12B'25/12
Net Income 5Y (US$)
US$31.4M¥5.01B'21/12US$41.5M¥6.62B'22/12US$36.9M¥5.89B'23/12US$34.4M¥5.49B'24/12US$30.0M¥4.78B'25/12
Capital Structure
62%
38%
EquityD/E 0.62xDebt
Liquidity vs Debt 5Y (US$)▲ Net Cash
CashInv. Sec.Debt
US$122M¥19.4BUS$6.26M¥1.00B'21/12US$142M¥22.7BUS$6.26M¥1.00B'22/12US$105M¥16.8BUS$6.26M¥1.00B'23/12US$127M¥20.3BUS$6.26M¥1.00B'24/12US$149M¥23.9BUS$76.5M¥12.2B'25/12
Business Segments
2025/12 · US$ (¥B)
79%
Short-term operation support business
Revenue
US$383M(¥61.1B)
Segment profit
US$53.0M(¥8.47B)13.9%
9.7%
Restaurant business
Revenue
US$46.7M(¥7.46B)
Segment profit
US$2.86M(¥0.46B)6.1%
6.6%
Sales support business
Revenue
US$31.7M(¥5.06B)
Segment profit
US$1.55M(¥0.25B)4.9%
4.7%
Security business and other
Revenue
US$22.8M(¥3.64B)
Segment profit
US$3.32M(¥0.53B)14.6%
Adjustments
Revenue
-US$0.46M(¥-0.07B)
Segment profit
-US$11.2M(¥-1.79B)
Shareholders
Top 10 hold 67.7%
1
Hirano Associates Co., Ltd.
38.03%
2
UH Partners 2 Investment Limited Partnership
7.60%
3
Hikari Tsushin Co., Ltd. Investment Limited Partnership
6.94%
4
The Master Trust Bank of Japan, Ltd. (Trust Account)
3.71%
5
UH Partners 3 Investment Limited Partnership
3.14%
6
STATE STREET BANK AND TRUST COMPANY 505044 (Standing Proxy: Mizuho Bank, Ltd.)
2.88%
7
SIL Investment Limited Partnership
2.30%
8
Daiwa Securities Co. Ltd.
1.10%
9
HIKARI TSUSHIN,INC.
1.06%
10
INTERACTIVE BROKERS LLC (Standing Proxy: Interactive Brokers Securities Japan Inc.)
0.95%
Management
8 officers
Takeshi HIRANO
Representative Director, President and CEO
Apr 1984 Joined Harvest Futures Co., Ltd. Sep 1990 Established Resort World Co., Ltd. (now Fullcast Holdings Co., Ltd.), Representative Director, President Jul 2006 Representative Director, President, Fullcast Marketing Co., Ltd. (now F-Plain Co., Ltd.) Sep 2007 Director of the Company Dec 2009 Director and Adviser of the Company Mar 2015 Director and Chairman of the Company Apr 2017 Representative Director and Chairman, F-Plain Co., Ltd. Oct 2018 Director, Advancer Global Limited (current) Dec 2024 Representative Director, President and CEO of the Company (current) Jan 2026 Director and Chairman, F-Plain Co., Ltd. (current)
1961-08-25
Kazuki SAKAMAKI
Representative Director, Vice President
Apr 1989 Joined AI Tsusho Co., Ltd. Feb 1995 Joined Fullcast Co., Ltd. (now Fullcast Holdings Co., Ltd.) Oct 2005 Representative Director, Fullcast HR Research Institute Co., Ltd. (now Fullcast Co., Ltd.) Oct 2007 Executive Officer and General Manager, Business Promotion Division, Fullcast Co., Ltd. Oct 2008 Executive Officer and General Manager, Tokai and Kansai Sales Division, Fullcast Co., Ltd. Jun 2009 Representative Director, Fullcast Co., Ltd. Dec 2011 Director of the Company Jan 2013 Representative Director, President, Fullcast Co., Ltd. Jan 2014 Representative Director, President and CEO of the Company Dec 2024 Representative Director, Vice President of the Company (current)
1970-09-30
Keikei ISHIKAWA
Director
Sep 1990 Managing Director, Resort World Co., Ltd. (now Fullcast Holdings Co., Ltd.) Sep 2000 Representative Director, Fullcast Factory Co., Ltd. Apr 2006 Representative Director, Fullcast Central Co., Ltd. Jan 2012 Director, Startline Co., Ltd. (current) May 2012 Representative Director, President, Beat Co., Ltd. Dec 2014 Representative Director, President, Beat Tech Co., Ltd. Mar 2016 Director of the Company (current) Apr 2016 Representative Director and Chairman, Beat Co., Ltd. (current) Jan 2017 Representative Director and Chairman, Beat Tech Co., Ltd. (current)
1967-07-22
Shiro KAIZUKA
Director
Sep 1990 Managing Director, Resort World Co., Ltd. (now Fullcast Holdings Co., Ltd.) May 2002 Representative Director, Fullcast Technology Co., Ltd. (now Yume Technology Co., Ltd.) Oct 2002 Director, Interbiz Ltd. (current) Feb 2010 Representative Director, Real Vio Co., Ltd. (current) Sep 2013 Representative Director, Dimension Pockets Co., Ltd. (current) Apr 2016 Designated Member, IPM LLC (current) Jun 2016 Designated Member, One Suite LLC (current) Mar 2017 Director of the Company (current)
1961-10-03
Yuki OKI
Director
Apr 2003 Joined All-Nippon Asahi Broadcasting Corporation (now TV Asahi Holdings Corporation) Dec 2021 Left the same company Jan 2022 Joined Reiwa Travel Co., Ltd. Apr 2023 Executive Officer, CCO, Reiwa Travel Co., Ltd. (current) Mar 2025 Director of the Company (current)
1980-12-12
Osamu SAITO
Full-time Director, Audit and Supervisory Committee Member
Jul 2005 Personnel Investigator, Secretariat Division, Minister's Secretariat, Ministry of Finance Jul 2011 Director-General, Ogikubo Tax Office, Tokyo National Tax Bureau Jul 2012 General Manager, General Affairs Department, Hokkaido Finance Bureau Jul 2013 General Manager, General Affairs Department, Tokai Finance Bureau Jul 2014 Director, Financial Bureau Administration Division, Ministry of Finance Jul 2015 Director-General, Hokkaido Finance Bureau Jun 2016 Deputy Director, Policy Research Institute, Ministry of Finance Jul 2017 Retired from Ministry of Finance Oct 2017 General Manager, General Affairs Department, Japan Financial Futures Association Aug 2021 Special Adviser, DBJ Asset Management Co., Ltd. Mar 2026 Full-time Director, Audit and Supervisory Committee Member of the Company (scheduled to assume office)
1957-07-21
Masataka UESUGI
Director, Audit and Supervisory Committee Member
Apr 1995 Registered as attorney-at-law (Tokyo Bar Association) Apr 1999 Opened Uesugi Law Office Jun 2003 Co-partner, Amlec Law and Accounting Office Jun 2003 Audit & Supervisory Board Member, Digital Arts Inc. Jun 2004 Audit & Supervisory Board Member, Nexstech Co., Ltd. Jun 2007 Outside Audit & Supervisory Board Member, Jig.jp Co., Ltd. (current) Dec 2012 Outside Audit & Supervisory Board Member, F-Plain Co., Ltd. Jun 2013 Outside Audit & Supervisory Board Member, Commerce One Holdings Co., Ltd. (current) Dec 2013 Outside Audit & Supervisory Board Member, Ceres Inc. Nov 2014 Outside Audit & Supervisory Board Member, Aiming Inc. (current) Mar 2015 Opened Sakurada-dori Law Office, Co-partner (current) Mar 2016 Director, Audit and Supervisory Committee Member of the Company (current) Jun 2016 Outside Director, Audit and Supervisory Committee Member, Digital Arts Inc. (current) Mar 2021 Outside Director, Audit and Supervisory Committee Member, Ceres Inc. (current)
1965-07-31
Hideyuki TOYA
Director, Audit and Supervisory Committee Member
Oct 2003 Joined ShinNihon & Co. (now EY ShinNihon LLC) Jun 2007 Registered as Certified Public Accountant Jul 2007 Partner, Seiwa Audit Corporation (now RSM Seiwa Audit Corporation) Jun 2013 Outside Audit & Supervisory Board Member, F-Plain Co., Ltd. Jul 2014 Outside Audit & Supervisory Board Member, Ichigo Holdings Co., Ltd. Dec 2015 Audit & Supervisory Board Member, F-Plain Co., Ltd. (current) Mar 2016 Director, Audit and Supervisory Committee Member of the Company (current) Jul 2016 Representative Partner, RSM Seiwa Audit Corporation Jul 2021 Chairman, RSM Seiwa Audit Corporation (current)
1979-01-05
Large Shareholding Reports
Koutsushin Co., Ltd.
2026-10-15
7.86%→7.92%
Annual report (as of 2026-06-30): 1.06%
Hirano Associates Co., Ltd.
2025-12-16
35.05%→37.32%
Annual report (as of 2026-06-30): 38.03%
Koutsushin Co., Ltd.
2025-09-26
7.86%→7.86%
Annual report (as of 2026-06-30): 1.06%
Koutsushin Co., Ltd.
2025-08-25
7.86%→7.86%
Annual report (as of 2026-06-30): 1.06%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-11-06
Q3 Earnings Flash
FY ending Dec 2026
EDINET
2026-10-15
Large Shareholding Report
EDINET
2026-08-13
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-07
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-15
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-26
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2026-02-13
Full-Year Earnings Flash
FY ending Dec 2025
EDINET
2025-12-16
Large Shareholding Report
TDnet
2025-11-07
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-09-26
Large Shareholding Report
EDINET
2025-08-25
Large Shareholding Report
EDINET
2025-08-13
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-09
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-28
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-13
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-14
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-25
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-27
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-03-28
Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-12
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-03-29
Annual Securities Report
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