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Stock Analysis & ValuationWantedly, Inc. (3991.T)

Professional Stock Screener
Previous Close
¥1,127.00
Sector Valuation Confidence Level
Moderate
Valuation methodValue, ¥Upside, %
Artificial intelligence (AI)1093.07-3
Intrinsic value (DCF)1331.4118
Graham-Dodd Method668.54-41
Graham Formula824.64-27

Strategic Investment Analysis

Company Overview

Wantedly, Inc. is a leading Japanese company specializing in business-oriented social networking services (SNS) and staffing solutions. Founded in 2010 and headquartered in Tokyo, Wantedly operates a unique platform that connects professionals and businesses through its business card management application and job-matching services. The company primarily serves the Japanese market, leveraging its innovative approach to recruitment and professional networking. As part of the Industrials sector and the Staffing & Employment Services industry, Wantedly stands out by focusing on cultural fit and engagement rather than traditional job postings. With a market capitalization of approximately ¥12 billion, Wantedly has demonstrated consistent revenue growth and profitability, making it a notable player in Japan's evolving digital recruitment landscape. The company's cash-rich balance sheet and zero debt position further underscore its financial stability.

Investment Summary

Wantedly, Inc. presents an intriguing investment opportunity due to its niche focus on business SNS and innovative recruitment solutions in Japan. The company's strong financials, including a net income of ¥1.04 billion and robust operating cash flow of ¥1.02 billion, highlight its profitability and operational efficiency. With no debt and substantial cash reserves (¥4.52 billion), Wantedly is well-positioned for organic growth or strategic acquisitions. However, its low beta (0.136) suggests limited volatility but also potentially lower growth correlation with broader markets. The dividend yield, though modest (¥20 per share), adds to its appeal for income-focused investors. Risks include reliance on the Japanese market and competition from global staffing platforms expanding into Asia. Overall, Wantedly is a financially sound company with a unique business model, but investors should monitor its ability to scale beyond Japan.

Competitive Analysis

Wantedly, Inc. competes in Japan's staffing and employment services industry with a differentiated approach centered on professional networking and cultural fit. Unlike traditional job boards, Wantedly's platform emphasizes informal interactions and company culture, appealing to younger professionals and startups. Its competitive advantage lies in its deep understanding of the Japanese labor market and strong brand recognition among tech-savvy users. However, the company faces competition from both domestic staffing firms and global platforms expanding into Japan. While Wantedly's zero-debt position and high cash reserves provide financial flexibility, its growth potential may be constrained by its primary focus on Japan. The company's ability to innovate and expand its service offerings—such as its business card management app—will be critical in maintaining its competitive edge. Additionally, partnerships with enterprises and SMEs could further solidify its market position. Compared to global competitors, Wantedly's localized approach is a strength, but scaling internationally remains a challenge.

Major Competitors

  • Persol Holdings Co., Ltd. (2121.T): Persol Holdings is one of Japan's largest staffing and HR service providers, offering a wide range of recruitment solutions. Its extensive network and diversified services give it an advantage in scale, but it lacks Wantedly's niche focus on cultural fit and SNS-based recruitment. Persol's global presence also provides broader market access compared to Wantedly's Japan-centric operations.
  • Recruit Holdings Co., Ltd. (6098.T): Recruit Holdings operates globally with a strong presence in staffing and HR technology, including platforms like Indeed and Glassdoor. Its vast resources and international reach overshadow Wantedly's offerings, but Recruit's broader focus may dilute its effectiveness in Japan's unique labor market, where Wantedly excels.
  • Mynavi Corporation (9218.T): Mynavi specializes in career support and recruitment services, particularly for students and new graduates. While it competes with Wantedly in early-career recruitment, Mynavi lacks Wantedly's SNS-driven approach and business networking features. Its traditional job-matching model is less innovative but well-established in Japan.
  • CareerBank Co., Ltd. (6070.T): CareerBank focuses on mid-career professionals and executive search, offering a more conventional recruitment service compared to Wantedly's SNS platform. Its strength lies in high-touch, personalized services, but it lacks the digital engagement and scalability of Wantedly's model.
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