Open Up Group's revenue fell 10.9% in fiscal 2026
Revenue at the technical-staffing and outsourcing group fell 10.9% to 167,483 million yen in the year ended June 30, 2026.
Open Up Group Inc. (TSE-2154), a technical-staffing and outsourcing group, reported consolidated revenue of 167,483 million yen for the fiscal year ended June 30, 2026, down 10.9% from the prior year.
The decline reflected the drop-off in revenue tied to the prior year's sale of its United Kingdom operations, carried out as part of a broader optimization of its business portfolio, an effect that outweighed the contribution of newly consolidated subsidiary Eight Holdings and its two units.
Gross profit fell 2.5% to 46,239 million yen, largely due to the UK sale, even as the gross margin rose 2.4 percentage points to 27.6% on a shift toward higher-value-added projects and profitability improvement measures.
Operating profit rose 2.8% to 16,695 million yen, as more efficient recruiting-cost management offset higher personnel expenses and productivity-related investment.
Net income attributable to owners of the parent fell 5.8% to 11,829 million yen.
The profit decline reflected a rebound in income-tax expense after a one-time tax effect tied to the prior year's UK sale had temporarily lowered the effective tax rate.
In the mechanical and electrical engineering segment, demand for advanced semiconductor-related engineering work stayed firm on the back of expanding investment in artificial intelligence.
Demand in the defense, aircraft and plant fields for the same segment also remained resilient, supported by strengthened economic security policy and continued capital spending.
The segment's revenue and profit rose from the prior year after Open Up Group acquired Eight Holdings in October 2025, consolidating it along with two subsidiaries and adding operating staff.
In the construction segment, segment profit fell from the prior year as a decline in the number of staff on assignment and higher costs tied to improved worker treatment pushed up cost of sales.
The construction segment's revenue rose 1.2% to 57,599 million yen, while its segment profit fell 7.6% to 6,968 million yen.
In its overseas segment, which provides staffing, contracting and paid job-placement services in engineering and manufacturing outside Japan, the company sold its UK business in the prior year and shifted resources toward Asia, centered on China, to strengthen its revenue base.
The overseas segment's revenue fell 97.3% to 745 million yen, and its segment profit fell 71.9% to 265 million yen.
Demand from client companies for its mainstay dispatch and contracted-staffing services, particularly in Japan's technical staffing field, remained firm amid a structural shortage of workers.
Open Up Group is pursuing a medium-term management policy through the fiscal year ending June 2028, under which it has set revenue targets, growth measures and a shareholder-return policy aimed at sustained growth and higher corporate value.