1. Japan Stocks

  2. •

    Commercial services

  3. •

    Personnel services
WDB Holdings Co., Ltd.

WDB Holdings Co., Ltd.

TTSE:2475
1,731.00
JPY
+3.00
(+0.17%)
29.29BMarket Cap
Nov 06Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,287.41
1,378.57
1,483.5
1,630
1,900.45
2,095.32
2,172.88
2,226.01
2,374.77
2,416.65
2,510.2
2,603.83
2,586.4
- -
Basic EPS, GAAP
58.14
75.62
82.45
103.37
168.73
147.31
156.97
171.79
211.32
179.75
180.67
155.36
141.65
- -
Free Cash Flow per Basic Share
72.81
115.4
51.78
118.92
170.66
161.41
136.8
206.02
-113.55
164.87
189.41
60.3
-52.72
- -
Dividend per Share
7.45
10.93
8.97
9.99
15.61
18.99
24.47
31.49
41.99
50.59
60.02
67.48
64.1
- -
Book Value per Share
335.28
400.32
471.71
567.83
695.51
820.28
974.38
1,105.08
1,272.25
1,405.74
1,529.85
1,624.01
1,709.54
- -
Tangible Book Value per Share
329.74
396.37
468.88
565.85
673.05
798.41
956.96
1,092.89
1,264.21
1,401.98
1,522.21
1,616.42
1,705.06
- -
Basic Weighted Avg Shares
20
20
20
20
20
20
20
20
20
20
20
20
19
19
Sales/Revenue/Turnover
25,479
27,651
29,756
32,694
38,000
41,570
43,108
44,126
46,876
47,602
49,298
51,137
50,305
- -
Operating Margin (%)
7.93
9.15
9.2
10.44
11.03
11.94
11.5
11.58
13.47
11.57
11.09
9.91
8.87
- -
Depreciation Expense
235
206
214
213
298
305
331
342
331
272
240
286
359
- -
Net Income, GAAP
1,151
1,517
1,654
2,073
3,374
2,923
3,114
3,405
4,171
3,541
3,548
3,051
2,755
- -
Effective Tax Rate (%)
44.27
40.06
39.67
37.17
34.72
37.23
36.48
32.77
31.86
31.92
29.87
33.83
35.05
- -
Profit Margin (%)
4.52
5.49
5.56
6.34
8.88
7.03
7.22
7.72
8.9
7.44
7.2
5.97
5.48
- -
Working Capital
3,075
4,363
5,834
7,152
10,098
12,836
16,246
18,978
16,535
19,171
21,503
20,470
18,284
- -
LT Debt
102
16
16
13
14
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
6,725
8,030
9,461
11,389
13,799
16,274
19,687
22,303
25,796
28,464
31,151
33,241
34,306
- -
Return on Invested Capital (%)
15.42
17.42
16.31
18.41
19.25
18.46
15.92
14.88
16.36
12.94
12.16
9.84
8.16
- -
Return on Capital (%)
17.27
20.06
18.8
19.86
26.76
19.43
17.24
15.71
16.51
12.18
10.96
8.55
7.5
- -
Return on Common Equity (%)
18.85
20.56
18.91
19.89
26.79
19.44
17.49
16.55
17.78
13.43
12.31
9.85
8.52
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
19
19
Market Capitalization
34,113
29,292
33,359

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
24,276
24,901
- -
Cash, Cash Equivalents & STI
17,453
17,426
- -
Accounts Receivable, Net
6,281
6,350
- -
Inventories
4
2
- -
Total Current Liabilities
6,670
6,616
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.91%
9.07%
3.2%
Free Cash Flow
-43.82%
-128%
-186.59%
Net Income, GAAP
7.45%
-3.23%
-9.7%
Sales/Revenue/Turnover
5.5%
2.69%
-1.63%
Total Cash Common Dividend
22.32%
15.56%
-5.92%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
51,137
2026
- -
- -
- -
- -
50,305
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
155.36
2026
- -
- -
- -
- -
141.65
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
67.48
2026
- -
- -
- -
- -
64.1
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Toshimitsu Nakano
Full Time Employees
5,489
Sector
Commercial services
Industry
Personnel services
Address
101 Edomachi, Chuo-ku Kobe City Japan 650-0033
IPO Date
Mar 18, 2008
Website
wdbhd.co.jp
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Business
WDB Holdings Co., Ltd. (2475.T) serves as a holding company primarily engaged in human resource services, contract research organization (CRO) activities, and platform solutions within the biotechnology, pharmaceutical, chemical, and engineering sectors. The company operates through its subsidiaries to provide temporary staffing, permanent placement, and dispatching services for scientific researchers, engineers, and specialists in biopharma research and development, chemical sectors, and engineering fields; CRO support encompassing safety information management, data management and statistical analysis, consulting, quality control, dossier preparation for product registration, clinical trial support, regulatory affairs, and pharmacovigilance for pharmaceuticals, medical devices, quasi-drugs, cosmetics, food, and feed; platform services including doconico for staffing management and other digital solutions for centralized operations; as well as other offerings such as contracted manufacturing of organic chemicals, M&A and business revitalization support in pharmaceuticals, chemistry, foodstuffs, and engineering, and initiatives promoting employment of the disabled through data processing and related tasks. WDB Holdings maintains operations principally in Japan with Tokyo and Himeji offices, alongside international presence in Europe and the United States via subsidiaries like Oy Medfiles Ltd. for clinical and regulatory services. Founded in 1985 and headquartered at 101 Edomachi, Chuo-ku, Kobe-shi, Hyogo, Japan, the company lists on the Prime Market of the Tokyo Stock Exchange and manages nine group companies employing over 1,000 staff excluding temporary workers. Recent developments include the October 2025 relocation of its head office to Kobe from Himeji; the November 2023 establishment of DOCO1 Co., Ltd. for staffing platform development and operations; the 2023 acquisition and merger of WDB Clinical Research Co., Ltd. into WDB coco Co., Ltd.; a 2022 shift to the Tokyo Stock Exchange Prime Market alongside WDB coco's move to the Growth Market; and ongoing platform digitization efforts in CRO services as part of its transformation into a platform-based business model.