Overview
Services

PERSOL HOLDINGS CO.,LTD.

PERSOL Holdings is Japan's leading comprehensive human resources services group, providing staffing (dispatch), recruitment, BPO (Business Process Outsourcing), IT/engineering outsourcing, and career placement services under the group vision 'Work and Smile.' The company operates across five Strategic Business Units—Staffing, BPO, Technology, Career, and Asia Pacific—serving both private enterprises and public sector clients. Its competitive strengths lie in the scale of its registered worker base, the 'doda' brand in mid-career recruitment, integrated BPO/DX capabilities, and a growing Asia-Pacific presence spanning multiple countries.

Market Cap
¥663B
US$4.23B
EV
¥682B
US$4.35B
Stock¥297.1▼-0.34%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
6.3
x
LTM EV/EBIT
9.5
x
LTM PER
15.0
x
LTM PBR
3.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-7.7%pt
100123
Oct 24, 25 – Oct 23, 26StockTOPIX
1Nov 12, 25Interim earnings release driven rise
2Feb 16, 26Q3 earnings release driven decline
3Aug 10, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
663BUS$4.23BMarket Cap83.4BUS$532M+ Debt82.6BUS$527M− Cash1.19BUS$7.59M− Inv. Sec.19.5BUS$124M+ NCI682BUS$4.35BEV
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Performance & Balance
Revenue 5Y (¥B)
1,061US$6.77B'22/31,224US$7.81B'23/31,327US$8.46B'24/31,451US$9.26B'25/31,556US$9.92B'26/3
EBITDA 5Y (¥B)
60.3US$385M'22/383.4US$532M'23/381.7US$521M'24/390.4US$577M'25/3103US$656M'26/3
Net Income 5Y (¥B)
31.5US$201M'22/320.6US$131M'23/330.0US$191M'24/335.9US$229M'25/342.7US$272M'26/3
Capital Structure
73%
27%
EquityD/E 0.38xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
116US$741M53.5US$341M'22/3101US$646M78.1US$498M'23/3108US$691M69.0US$440M'24/382.8US$528M77.3US$493M'25/385.0US$542M84.1US$536M'26/3
Shareholders
Top 10 hold 50.8%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
13.87%
2
Yoshiko SHINOHARA
11.69%
3
General Incorporated Foundation Yoshiko Shinohara Memorial Foundation
7.02%
4
Custody Bank of Japan, Ltd. (Trust Account)
4.79%
5
State Street Bank and Trust Company 505001 (Standing Proxy: Mizuho Bank, Ltd., Settlement & Clearing Services Department)
3.46%
6
JPMorgan Chase Bank, N.A. 385642 (Standing Proxy: Mizuho Bank, Ltd., Settlement & Clearing Services Department)
2.80%
7
CEP LUX-ORBIS SICAV (Standing Proxy: Citibank, N.A., Tokyo Branch)
2.13%
8
JPMorgan Securities Japan Co., Ltd.
1.99%
9
The Bank of New York Mellon 140044 (Standing Proxy: Mizuho Bank, Ltd., Settlement & Clearing Services Department)
1.58%
10
PERSOL HOLDINGS CO.,LTD. Employee Stock Ownership Association
1.44%
Management
9 officers
Masamichi MIZUTA
Chairman of the Board
Jul 1988 Joined Tempstaff Co., Ltd. Jun 1995 Director, Tempstaff Co., Ltd. (Head of Sales Division) Oct 2008 Managing Director, Persol Holdings Co., Ltd. (Head of Group Sales Division) Aug 2009 Managing Director, Persol Holdings Co., Ltd. (Head of Group Growth Strategy Division) Jun 2010 Vice President and Director, Persol Holdings Co., Ltd. (Head of Group Growth Strategy Division) Jun 2012 Representative Director, Vice President, Persol Holdings Co., Ltd. (Head of Group Growth Strategy Division) Jun 2013 Representative Director, President, Persol Holdings Co., Ltd. (Head of Group Growth Strategy Division) Jul 2014 Representative Director, President, Persol Holdings Co., Ltd. (Head of Group Management Division and Head of Group Finance Division) Apr 2015 Representative Director, President, Persol Holdings Co., Ltd. Apr 2021 Chairman of the Board, Persol Holdings Co., Ltd. (current) Jun 2021 Outside Director, Linkers Co., Ltd. (current)
1959-06-13
Takao WADA
Representative Director, President and CEO
Sep 1991 Joined Tempstaff Co., Ltd. Jun 2006 Director, Tempstaff Co., Ltd. (Head of Sales Planning Division) Oct 2008 Director, Persol Holdings Co., Ltd. (Head of Group Business and IT Division) Aug 2009 Director, Persol Holdings Co., Ltd. (Head of Group Business and IT Strategy Division) Apr 2011 Director, Persol Holdings Co., Ltd. (Head of Group Outsourcing Strategy Division) Jan 2014 Director, Persol Holdings Co., Ltd. (Head of Group Outsourcing Strategy Division and Head of Group Human Resources Division) Apr 2015 Director and Executive Officer, Persol Holdings Co., Ltd. (in charge of Sales Strategy; Head of Staffing and BPO Segment) Jun 2016 Director and Senior Managing Executive Officer, Persol Holdings Co., Ltd. (in charge of Sales Strategy; Head of Staffing and BPO Segment) Jun 2016 Representative Director, President, Tempstaff Co., Ltd. Apr 2020 Director and Vice President Executive Officer, Persol Holdings Co., Ltd. (in charge of Business Management; Head of Staffing SBU) Apr 2020 Non-executive Director, PERSOL Asia Pacific Pte. Ltd. (current) Apr 2021 Representative Director, President and CEO, Persol Holdings Co., Ltd. (current)
1962-11-25
Masaki YAMAUCHI
Director
Apr 1984 Joined Yamato Transport Co., Ltd. Apr 2005 Executive Officer, Tokyo Branch Manager, Yamato Transport Co., Ltd. Mar 2007 Executive Officer, Yamato Holdings Co., Ltd. Apr 2011 Executive Officer, Yamato Holdings Co., Ltd.; Representative Director, President and Executive Officer, Yamato Transport Co., Ltd. Jun 2011 Director and Executive Officer, Yamato Holdings Co., Ltd.; Representative Director, President and Executive Officer, Yamato Transport Co., Ltd. Apr 2015 Representative Director, President and Executive Officer, Yamato Holdings Co., Ltd. Apr 2019 Chairman of the Board, Yamato Holdings Co., Ltd. Jun 2020 Outside Director, Persol Holdings Co., Ltd. (current) Jun 2022 Senior Advisor, Yamato Holdings Co., Ltd. Jun 2022 Outside Director, Resona Holdings, Inc. (current) Jun 2023 Counselor, Yamato Holdings Co., Ltd. (current) Jun 2023 Outside Director, Seiko Epson Corporation (current)
1961-01-11
Kazuhiro YOSHIZAWA
Director
Apr 1979 Joined Nippon Telegraph and Telephone Public Corporation Jun 2007 Executive Officer, General Manager of Second Corporate Sales Department, NTT DOCOMO, INC. Jun 2011 Director and Executive Officer, General Manager of Human Resources Department, NTT DOCOMO, INC. Jun 2012 Director and Senior Managing Executive Officer, General Manager of Corporate Planning Department, NTT DOCOMO, INC. Jun 2014 Representative Director, Executive Vice President, NTT DOCOMO, INC. Jun 2016 Representative Director, President, NTT DOCOMO, INC. Dec 2020 Director, NTT DOCOMO, INC. Jun 2021 Senior Advisor, NTT DOCOMO, INC. (current) Outside Director, Sony Financial Holdings Inc. (now Sony Financial Group Inc.) (current) Jun 2022 Outside Director, Persol Holdings Co., Ltd. (current) Jun 2022 Outside Director, Daiwa House Industry Co., Ltd. (current) Jun 2025 Chairman, Japan Telework Association (current)
1955-06-21
Debra A. HAZELTON
Director
Aug 1986 Joined Commonwealth Bank of Australia Jan 2001 General Manager, Commonwealth Bank of Australia Jan 2007 Joined Mizuho Bank, Ltd. (Sydney Branch Manager) Managing Director, Mizuho Australia Ltd Jun 2018 Non-executive Director, AMP Capital Holdings Limited Aug 2018 Non-executive Director, Treasury Corporation of Victoria Jun 2019 Non-executive Director, AMP Ltd. Aug 2020 Chair of the Board, AMP Ltd. Jun 2023 Outside Director, Persol Holdings Co., Ltd. (current) Oct 2023 Non-executive Director, Australian Postal Corporation (current) Feb 2024 Chair of the Board, Export Finance Australia (current) Mar 2025 Non-executive Director, Westpac Banking Corporation (current)
1953-03-13
Satoshi MURABAYASHI
Director
Apr 1981 Joined Sanwa Bank, Ltd. (now MUFG Bank, Ltd.) Jul 2009 Executive Officer, Head of Systems Department, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (now MUFG Bank, Ltd.) May 2011 Managing Executive Officer, MUFG Bank, Ltd. May 2013 Managing Executive Officer, in charge of Operations and Systems Planning, Mitsubishi UFJ Financial Group, Inc. Jun 2013 Managing Director, The Bank of Tokyo-Mitsubishi UFJ, Ltd. May 2015 Senior Managing Director, The Bank of Tokyo-Mitsubishi UFJ, Ltd. Jun 2015 Executive Managing Officer and Group CIO, Mitsubishi UFJ Financial Group, Inc. Jun 2017 Representative Director, President, Mitsubishi UFJ Research & Consulting Co., Ltd. Jun 2021 Director, Internet Initiative Japan Inc. (current) Jun 2021 Chairman and Representative Director, D-Credit, Inc. Apr 2022 President and Representative Director, D-Credit Holdings, Inc. (current) Jun 2024 Chairman and Representative Director, President and Chief Executive Officer, D-Credit DCP, Inc. Jun 2024 Outside Director, Persol Holdings Co., Ltd. (current) Jun 2025 Outside Director, Dai-ichi Neo Life Insurance Co., Ltd. (formerly Neo First Life Insurance Co., Ltd.) (current) Apr 2026 Chairman of the Board, D-Credit DCP, Inc. (current)
1958-11-08
Chisa ENOMOTO
Director, Audit and Supervisory Committee Member
Apr 1984 Joined Recruit Co., Ltd. Nov 2005 General Manager, Public Relations Department, Philips Electronics Japan, Ltd. (now Philips Japan, Ltd.) Jul 2012 Head of Communications and Public Affairs, Janssen Pharmaceutical K.K. Jan 2014 Executive Officer, Head of Social Communication Office, Tokyo Electric Power Company, Inc. (now Tokyo Electric Power Company Holdings, Inc.) Apr 2018 Executive Communication Strategist, Hitachi, Ltd. Jun 2018 Outside Director, Audit and Supervisory Committee Member, Persol Holdings Co., Ltd. (current) Sep 2018 Outside Director, Joyful Honda Co., Ltd. Jul 2019 Member, Strategic Public Relations Headquarters, Meiji University (current) May 2021 Outside Director, AEON MALL Co., Ltd. Jun 2022 Outside Director, Japan Post Co., Ltd. (current) Apr 2024 Director, Meiji University (current)
1961-08-12
Kazuhiko TOMODA
Director, Audit and Supervisory Committee Member
Mar 1979 Joined Price Waterhouse Accounting Firm Jul 1997 Senior Partner, Aoyama Audit Corporation (reorganized from Price Waterhouse Accounting Firm) Sep 2006 Senior Partner, Arata Audit Corporation (now PricewaterhouseCoopers Japan LLC) Jul 2012 Executive, in charge of Manufacturing, Distribution and Services Division, PricewaterhouseCoopers Japan LLC Jul 2013 Executive, in charge of Risk Assurance Division (concurrently), PricewaterhouseCoopers Japan LLC Jun 2020 Outside Director, Audit and Supervisory Committee Member, Persol Holdings Co., Ltd. (current) Outside Audit & Supervisory Board Member, Hakuhodo DY Holdings Inc. (current) Outside Audit & Supervisory Board Member, Daiko Advertising Inc. Outside Audit & Supervisory Board Member, Aines Co., Ltd. Jun 2023 Outside Director, Audit and Supervisory Committee Member, Aines Co., Ltd.
1956-04-30
Tomoko SUGAYA
Director, Audit and Supervisory Committee Member
Apr 1980 Joined All Nippon Airways Co., Ltd. Apr 2015 Executive Officer, General Manager of Sapporo Branch, in charge of Hokkaido Region, All Nippon Airways Co., Ltd. Apr 2017 Senior Executive Officer, Deputy General Manager of Sales Center and General Manager of Tokyo Head Office, in charge of Eastern Region, All Nippon Airways Co., Ltd. Apr 2022 Representative Director, President, ANA Akindo Co., Ltd. Apr 2022 General Manager of Sales Center, All Nippon Airways Co., Ltd. Jun 2022 Outside Director, Toho Acetylene Co., Ltd. Apr 2023 Chairman of the Board, ANA Akindo Co., Ltd. Jun 2024 Outside Director, Meikai Group Co., Ltd. (current) Jun 2024 Outside Director, Hokkaido Railway Company (current) Apr 2025 Adviser, ANA Akindo Co., Ltd. (current) Jun 2025 Outside Director, Audit and Supervisory Committee Member, Persol Holdings Co., Ltd. (current)
1961-09-30
Large Shareholding Reports
Wellington Management Company LLP
2026-03-18
2.08%→2.12%
Wellington Management Company LLP
2026-03-04
2.08%
BlackRock Japan Co., Ltd.
2026-01-06
1.67%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINETAmended
2026-06-29
Amended Securities Registration Statement
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-05-14
Securities Registration Statement
EDINET
2026-03-18
Large Shareholding Report
EDINET
2026-03-04
Large Shareholding Report
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2026-01-06
Large Shareholding Report
EDINET
2025-11-11
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-06-27
Amended Securities Registration Statement
EDINETAmended
2025-06-25
Amended Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-05-13
Securities Registration Statement
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINETAmended
2024-11-11
Amended Annual Securities Report
Period: Apr 2023 – Mar 2024
TDnet
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
EDINETAmended
2024-06-28
Amended Securities Registration Statement
EDINETAmended
2024-06-21
Amended Securities Registration Statement
EDINET
2024-06-19
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2024-06-10
Amended Securities Registration Statement
EDINETAmended
2024-05-17
Amended Securities Registration Statement
EDINET
2024-05-13
Securities Registration Statement
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINETAmended
2024-01-19
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINETAmended
2024-01-19
Amended Annual Securities Report
Period: Apr 2021 – Mar 2022
EDINETAmended
2024-01-19
Amended Annual Securities Report
Period: Apr 2020 – Mar 2021
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
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