# Movin' Strategic Career CO., LTD.: business model and financials

> Latest period: FY ending Dec 2025, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第26期(2025/01/01－2025/12/31) (S100XSRL)
> Page: https://vizora.meequs.com/en/company/movin-strategic-career
> Retrieved: 2026-09-30T19:58:23.271Z

## Company

Movin' Strategic Career, founded in 2023, is a company in HR & Staffing listed on TSE Growth. It has 124 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Movin' Strategic Career CO., LTD. |
| Ticker | 421A |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/421A.T) |
| Listing | TSE Growth |
| Head office | 東京都港区赤坂九丁目7番1号 |
| Representative (per filing) | 代表取締役社長 神川 貴実彦 |
| Founded | Mar 2023 |
| Share capital | ¥363.8M |
| Employees (consolidated) | 124 |
| Average salary (parent only) | ¥9.9M |
| Fiscal year end | December |
| Website | corp.movin.co.jp (https://corp.movin.co.jp/) |
| Corporate number | 9010001123906 |
| EDINET | E40925 |
| Industries (Vizora) | HR & Staffing |

> Profile source: annual securities report (S100XSRL, filed 2026-03-24). As of filing

## Five-axis industry profile

Primary industry: HR & Staffing (2025-12-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 99.3 | 68 |
| Profitability | 99.4 | 88 |
| Cash conversion | 58.1 | 80 |
| Efficiency | 26.7 | 88 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- Movin' Strategic Career brought in ¥3.8B in revenue.
- Out of every ¥100 of sales, about ¥46 is left as operating profit.
- Revenue changed +59.1% from the prior year, operating profit +104.6%.

## Company structure

- Segment revenue mix: Segment revenue breakdown is not disclosed
- Revenue → net income: ¥3799672000 → ¥1153447000
- Net income → operating cash flow: ¥1153447000 → ¥1779268000（difference ¥625821000）
- Main uses of operating cash flow: CapEx ¥6215000 / dividends — / buybacks —
- Change in cash: ¥2313287000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥3.8B |  |
| Operating income | ¥1.76B | Margin 46.4% |
| Net income | ¥1.15B | Margin 30.4% |
| Free cash flow | ¥1.77B |  |
| Employees (consolidated) | 124 |  |
| EPS | ¥115.63 |  |
| Diluted EPS | ¥114.73 |  |
| Book value per share | ¥408.99 |  |
| Equity ratio | 76.9% |  |
| Shares outstanding | 8,442,200 |  |
| Shareholders | 868 |  |
| Average salary (parent only) | ¥9.9M | Filing company only |
| Cash ratio | 86.1% | Cash ÷ revenue 109.8% |
| Vs. industry median margin | +37.8 pp | HR & Staffing |
| ROE | 41.3% | Derived from disclosed figures |
| ROA | 31.5% | Derived from disclosed figures |

## Notable figures

- FY2025, cash is 86% of total assets
- FY2025, operating income keeps 46 per ¥100 of revenue

## What changed in 1 years

| Metric | FY ending Dec 2024 | FY ending Dec 2025 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥2387925000 | ¥3799672000 | +59.1% |
| Operating income | ¥861587000 | ¥1763190000 | +104.6% |
| Operating margin | 36.1% | 46.4% | +10.3 pp |
| Employees | 85 people | 124 people | +45.9% |
| Cash and equivalents | ¥1859193000 | ¥4172481000 | +124.4% |

### Change in segment revenue mix

Span: FY ending Dec 2024 → FY ending Dec 2025. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

## Income statement（FY ending Dec 2025, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 3,800 | 100.0% | S100XSRL |
| Cost of revenue | 178 | 4.7% | S100XSRL |
| Gross profit | 3,622 | 95.3% | S100XSRL |
| SG&A | 1,859 | 48.9% | S100XSRL |
| Operating income | 1,763 | 46.4% | S100XSRL |
| Ordinary income | 1,757 | 46.2% | S100XSRL |
| Pretax income | 1,757 | 46.2% | S100XSRL |
| Income tax | 603 | 15.9% | S100XSRL |
| Net income | 1,153 | 30.4% | S100XSRL |
| Net income attributable to owners | 1,153 | 30.4% | S100XSRL |

## Per ¥100 of revenue（FY ending Dec 2025）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 5 |
| SG&A | 49 |
| Operating income | 46 |
| (Ref.) Net income | 30 |

### Margin funnel

Gross margin 95.3% → Operating margin 46.4% → Net margin 30.4%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +59.1%; Core profit growth: +104.6%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 1.77×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Dec 2024 → FY ending Dec 2025、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 2,388 | 3,800 | 1,412 | +59.1% |
| Gross profit | 2,285 | 3,622 | 1,336 | +58.5% |
| Operating income | 862 | 1,763 | 902 | +104.6% |
| Net income attributable to owners | 576 | 1,153 | 578 | +100.3% |
| Operating cash flow | 679 | 1,779 | 1,100 | +162.1% |
| Free cash flow | 677 | 1,773 | 1,096 | +161.7% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Dec 2024 | 2,388 | 862 | 36.1% | 576 | 679 | 677 | S100XSRL |
| FY ending Dec 2025 | 3,800 | 1,763 | 46.4% | 1,153 | 1,779 | 1,773 | S100XSRL |

## People and productivity（FY ending Dec 2025, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥30.6M |
| Operating income per employee (consolidated) | ¥14.2M |
| Net income per employee (consolidated) | ¥9.3M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Dec 2024 | FY ending Dec 2025 |
| --- | ---: | ---: |
| Employees (consolidated) | 85 | 124 |
| Average salary (parent company) | — | ¥9.9M |
| Average age (parent company) | — | 32.9 years |
| Average tenure (parent company) | — | 2.1 years |

Year over year: Employees (consolidated) +45.9% · Revenue (consolidated) +59.1%

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Dec 2025, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 1,779 | 46.8% | S100XSRL |
| Capital expenditure | 6 | 0.2% | S100XSRL |
| Free cash flow | 1,773 | 46.7% | 算出 |
| Investing cash flow | -141 | -3.7% | S100XSRL |
| Financing cash flow | 676 | 17.8% | S100XSRL |
| Change in cash | 2,313 | 60.9% | S100XSRL |
| Cash and equivalents | 4,172 | 109.8% | S100XSRL |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Dec 2024 | FY ending Dec 2025 | Source |
| --- | ---: | ---: | ---: |
| Cash and equivalents | 1,859 | 4,172 | S100XSRL |
| Total assets | 2,467 | 4,846 | S100XSRL |
| Net assets | 1,876 | 3,729 | S100XSRL |
| Share capital | 21 | 364 | S100XSRL |
| Property, plant and equipment | 31 | 27 | S100XSRL |
| Intangible assets excluding goodwill | 178 | 122 | S100XSRL |
| Investment securities | 2 | 88 | S100XSRL |
| Current assets | 2,121 | 4,416 | S100XSRL |
| Current liabilities | 592 | 1,117 | S100XSRL |
| Total liabilities | 592 | 1,117 | S100XSRL |
| Equity attributable to owners of parent | 1,876 | 3,716 | S100XSRL |
| Retained earnings | 1,855 | 3,009 | S100XSRL |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 86% | S100XSRL |
| Property, plant and equipment | 1% | S100XSRL |
| Intangibles and goodwill | 2% | S100XSRL |
| Investment securities | 2% | S100XSRL |
| Other assets | 9% | S100XSRL |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 23% | S100XSRL |
| Equity | 77% | S100XSRL |

### Balance sheet history

| Metric | FY ending Dec 2024 | FY ending Dec 2025 |
| --- | ---: | ---: |
| Total assets | 2,467 | 4,846 |
| Equity | 1,876 | 3,729 |
| Interest-bearing debt | — | — |
| Cash | 1,859 | 4,172 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 0.7% | S100XSRL |
| Fixed assets ÷ total assets | 0.6% | S100XSRL |
| Goodwill ÷ parent equity | — | —, S100XSRL |

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 86.1% |
| Cash ÷ revenue | 109.8% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 100.9% |
| Cash vs. profit gap | 626 JPY mn (of net income 54.3%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | — |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 0.2% |
| Investing CF relative to operating CF | 8.0% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2024 | 24.1% | 0.97× | 23.3% | 1.32× | 30.7% | S100XSRL |
| 2025 | 30.4% | 1.04× | 31.5% | 1.31× | 41.3% | S100XSRL |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社リオディオス | Major shareholder | 29.0% | 2025-12-31 |
| 神川 貴実彦 | Major shareholder | 20.1% | 2025-12-31 |
| 神川 宏子 | Major shareholder | 8.3% | 2025-12-31 |
| 神川 志悠 | Major shareholder | 7.9% | 2025-12-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 6.9% | 2025-12-31 |
| 神川 芽伊（常任代理人 大和証券株式会社） | Major shareholder | 6.6% | 2025-12-31 |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 1.9% | 2025-12-31 |
| UBS AG LONDON A/C IPB SEGREGATED CLIENT ACCOUNT（常任代理人 シティバンク、エヌ・エイ東京支店） | Major shareholder | 1.9% | 2025-12-31 |
| 野村信託銀行株式会社（信託口） | Major shareholder | 1.6% | 2025-12-31 |
| 株式会社ＳＢＩ証券 | Major shareholder | 1.6% | 2025-12-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第26期(2025/01/01－2025/12/31) | S100XSRL | 2026-03-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100XSRL,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).
