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Added to YB: 2026-06-11

Pitch date: 2026-06-09

2301.T [bullish]

Gakujo Co., Ltd.

Author Info

JII Compounders writes about Japanese compounders, IR, capital allocation, and the gap between how companies explain themselves and how investors actually hear them. Sign up for the newsletter.

Company Info

Gakujo Co., Ltd. engages in the employment information business. It offers job information, corporate PR, and information services, as well as recruitment consulting, recruitment, and temporary staffing services.

Market Cap

JPY 20.3B

Pitch Price

N/A

Price Target

N/A

Dividend

4.95%

EV/EBITDA

6.55

P/E

12.38

EV/Sales

1.41

Sector

Professional Services

Category

value

Show full summary:
JII Compounders #15: Gakujo 2301

2301.T: Japanese recruiting platform for 20s-workers at 5.5x fwd EV/EBIT, 21.7% FY26E margins, 15.4% rev CAGR since FY21. ¥11.3bn cash/securities = 54% of ¥20.8bn cap; biz at 3.6x fwd EBIT. FY26 guide cut to ¥2.6bn, but orders +11.2% vs rev +5.8% signals timing trough. Excess capital depresses ROE (12.9%); ¥650m buyback. Unlock catalyst: Asahi (11.6%) exiting cross-holding + treasury cancellation. Osaka RE not in valuation.

Read full article (3 min)