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Wellnet Corporation

Wellnet Corporation

2428.T
Wellnet CorporationJP flagTokyo Stock Exchange
638.00
JPY
+8.00
- -
12.10BMarket Cap
Wellnet Corporation
2428.T
(Tokyo Stock Exchange)

Recent

price

638.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1,773.46
290.41
311.66
342.03
385.05
458.3
560.45
546.97
519.91
535.59
499.09
469.95
475.03
499.52
- -
- -
536.82
Revenue per Share
115.15
18.21
36.31
37.82
46.26
48.37
71.91
46.36
26.31
20.02
26.31
20.94
28.25
33.68
- -
- -
44.33
Basic EPS, GAAP
-20.19
47.74
64.38
203.92
96.06
-44.87
122.15
92.51
-249.98
64.04
-157.75
50.23
158.76
47.22
- -
- -
- -
Free Cash Flow per Basic Share
4.13
10.93
8
9.94
12.69
23.59
25.37
39.63
50.13
49.52
49.85
13.1
15.43
14.12
- -
- -
- -
Dividend per Share
145.08
233.81
262.13
289.85
267.16
274.27
315.72
108.76
116.72
81.45
56.35
63.42
75.07
93.93
- -
- -
85.11
Book Value per Share
284.31
324.2
351.86
380.98
390.6
401.39
423.41
423.85
361.43
339.73
326.37
342.42
363.32
391.32
- -
- -
- -
Tangible Book Value per Share
23
20
20
20
20
19
19
19
19
19
19
19
19
19
- -
19
19
Basic Weighted Avg Shares
39,920
5,829
6,255
6,866
7,601
8,889
10,529
10,260
9,784
10,032
9,380
8,842
8,950
9,424
10,132
- -
10,132
Sales/Revenue/Turnover
8.3
16.99
19.15
20.29
19.39
18.43
19.52
10.71
6.93
5.02
8.71
6.42
8.22
9.97
12.06
- -
12.06
Operating Margin (%)
363
252
264
260
219
219
207
279
316
445
377
366
451
405
315
- -
- -
Depreciation Expense
2,592
366
729
759
913
938
1,351
870
495
375
494
394
532
636
837
- -
837
Net Income, GAAP
26.79
41.05
42.14
38.64
37.72
38.29
32.72
29.84
30.1
30.26
31.22
40.89
30.94
33.91
31.64
- -
31.64
Effective Tax Rate (%)
6.49
6.27
11.65
11.06
12.01
10.55
12.83
8.48
5.06
3.74
5.27
4.46
5.95
6.74
8.26
- -
8.26
Profit Margin (%)
4,512
5,284
4,954
6,359
6,311
6,706
7,018
7,241
5,746
3,813
1,637
2,074
2,658
3,651
21,747
- -
21,747
Working Capital
76
55
34
13
2
- -
- -
- -
- -
- -
- -
1,900
1,800
1,725
- -
- -
- -
LT Debt
6,794
6,939
7,520
7,997
8,195
8,218
8,486
8,780
7,907
7,444
7,010
7,176
7,411
7,827
- -
- -
- -
Total Equity
32.84
8.18
9.23
10.54
10.95
11.83
15.81
8.71
5.64
4.52
7.27
3.9
5.43
6.43
16.36
- -
16.36
Return on Invested Capital (%)
56.75
9.01
14.55
12.39
16.4
17.69
24.01
21.82
23.37
20.14
29.75
15.83
16.44
18.55
31.65
- -
31.65
Return on Capital (%)
96.73
9.19
14.64
13.7
16.47
17.71
24.01
21.82
23.37
20.14
38.26
34.98
40.82
39.89
49.53
- -
49.53
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'24
Jun'24
ST Debt
100
125
125
LT Borrowings
1,675
1,625
1,600
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
- -
Market Capitalization
10,570
10,740
12,552

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'24
Jun'24
Total Current Assets
21,619
19,467
21,747
Cash, Cash Equivalents & STI
16,655
14,408
- -
Accounts Receivable, Net
740
755
- -
Inventories
5
4
- -
Total Current Liabilities
17,328
14,881
- -
Payables & Accruals
- -
- -
- -
ST Debt
100
125
125
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,316
2,582
2,663
2,572
10,132
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9.45
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Wellnet Corporation (TSE:2428) provides comprehensive welfare benefit administration services in Japan. The company offers a range of solutions including electronic money settlement services for welfare benefits such as cafeteria plans, childcare subsidies, and childcare leave allowances; electronic platforms for absenteeism and childcare support payments; and corporate welfare services encompassing health management support, asset building assistance, and family support programs. Wellnet also delivers data analysis services for HR and welfare benefit utilization, along with fintech solutions like QR code payments and electronic invoices for corporate clients. Founded in 1998 and headquartered in Tokyo, the company primarily serves corporate clients across Japan, focusing on large enterprises in manufacturing, retail, and service sectors. In recent developments, Wellnet expanded its service portfolio through strategic partnerships with regional banks for enhanced payment processing and launched new digital wellness platforms in 2024 to support remote work trends; additionally, it completed a minor acquisition of a HR tech startup in early 2025 to bolster its data analytics capabilities.