| Valuation method | Value, ¥ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 965.47 | -2 |
| Intrinsic value (DCF) | 2051.97 | 107 |
| Graham-Dodd Method | n/a | |
| Graham Formula | 744.51 | -25 |
JAC Recruitment Co., Ltd. (2124.T) is a leading Japanese recruitment consultancy specializing in mid-to-senior level talent acquisition. Founded in 1975 and headquartered in Tokyo, the company operates under multiple brands including JAC Recruitment, JAC Digital, JAC International, and CareerCross, offering specialized staffing solutions across industries. With a strong focus on professional and executive recruitment, JAC Recruitment serves both domestic and international markets, positioning itself as a key player in Japan's competitive staffing industry. The company's diversified service portfolio includes interim management solutions, recruitment process optimization, and digital hiring platforms, catering to evolving workforce demands. As part of the Industrials sector's Staffing & Employment Services industry, JAC Recruitment leverages its 45+ years of expertise to bridge talent gaps for corporations in Japan's dynamic labor market. The firm's JPY 139.8 billion market capitalization reflects its established presence in Asia's second-largest economy.
JAC Recruitment presents a stable investment opportunity within Japan's specialized staffing sector, supported by consistent profitability (JPY 5.61B net income) and strong cash reserves (JPY 19.05B). The company's moderate beta (1.036) suggests market-aligned volatility, while its 3.6% dividend yield (JPY 26/share) offers income appeal. However, investors should note the firm's concentrated Japan exposure (92% of revenue) amidst the country's aging workforce challenges. Positive operating cash flow (JPY 8.12B) and minimal debt (JPY 307M) indicate financial health, though growth may be constrained by Japan's shrinking labor pool. The stock could appeal to investors seeking domestic industrial exposure with professional services specialization.
JAC Recruitment maintains competitive differentiation through its dual focus on mid-career professionals and cross-border recruitment services—a niche underserved by generalist staffing firms. The company's 1975 founding grants first-mover advantage in Japan's executive search segment, with specialized brands like JAC Executive and JAC International creating segmented service offerings. Unlike volume-driven temporary staffing competitors, JAC's higher-margin consultancy model targets premium fee structures for specialized roles. Geographic concentration in Japan provides deep local market knowledge but limits diversification compared to global peers. Technological investments through JAC Digital demonstrate adaptation to hybrid recruitment trends, though digital transformation lags behind pure-play HR tech firms. The firm's JPY 39.2B revenue reflects strong domestic brand recognition, but international expansion remains limited to selective Asian markets. Competitive threats include both global executive search firms penetrating Japan and domestic HR platforms automating mid-level hiring. JAC's interim management solutions provide recession resilience, though reliance on corporate hiring cycles creates earnings volatility.