# QUICK CO.,LTD.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第46期(2025/04/01－2026/03/31) (S100YF5Z)
> Page: https://vizora.meequs.com/en/company/quick
> Retrieved: 2026-09-30T21:03:24.853Z

## Company

Quick, founded in 1980, is a company in Internet Services & Apps listed on TSE Prime. It has 1,682 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | QUICK CO.,LTD. |
| Ticker | 4318 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/4318.T) |
| Listing | TSE Prime |
| Head office | 大阪市北区小松原町2番4号 |
| Representative (per filing) | 代表取締役社長 川口 一郎 |
| Founded | Sep 1980 |
| Share capital | ¥351.3M |
| Employees (consolidated) | 1,682 |
| Average salary (parent only) | ¥6.5M |
| Fiscal year end | March |
| Website | 919.jp (https://919.jp/) |
| Corporate number | 9120001063067 |
| EDINET | E05232 |
| Industries (Vizora) | Internet Services & Apps, HR & Staffing |

> Profile source: annual securities report (S100YF5Z, filed 2026-06-19). As of filing

## Five-axis industry profile

Primary industry: HR & Staffing (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 52.2 | 68 |
| Profitability | 71 | 88 |
| Cash conversion | 16.9 | 80 |
| Efficiency | 50.6 | 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)

- About 69% of Quick's sales come from Human resource business, with Recruiting business and Local information service business making up much of the rest.
- Out of every ¥100 of sales, about ¥14 is left as operating profit.
- Revenue changed +4.4% from the prior year, operating profit +1.1%.

## Company structure

- Segment revenue mix: Human resource business 69.2%、Recruiting business 10.9%、Local information service business 9.0%、Overseas business 7.5%、HR platform business 3.3%
- Revenue → net income: ¥33924750000 → ¥4159495000
- Net income → operating cash flow: ¥4159495000 → ¥2727310000（difference ¥-1432185000）
- Main uses of operating cash flow: CapEx ¥847077000 / dividends ¥1864816000 / buybacks ¥171000
- Change in cash: ¥-1868422000
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 | ¥33.9B |  |
| Operating income | ¥4.58B | Margin 13.5% |
| Net income | ¥4.16B | Margin 12.3% |
| Free cash flow | ¥1.88B |  |
| Largest business | Human resource business | of segment revenue 69.2% |
| Employees (consolidated) | 1,682 |  |
| EPS | ¥66.8 |  |
| Book value per share | ¥282.57 |  |
| Equity ratio | 74.7% |  |
| Shares outstanding | 56,552,028 |  |
| Treasury shares | 10,700 |  |
| Shareholders | 15,947 |  |
| Average salary (parent only) | ¥6.5M | Filing company only |
| Cash ratio | 50.6% | Cash ÷ revenue 38.7% |
| Vs. industry median margin | +4.9 pp | HR & Staffing |
| ROE | 23.5% | Derived from disclosed figures |
| ROA | 16.3% | Derived from disclosed figures |

## Notable figures

- FY2026, one segment accounts for 61% of positive segment profit
- FY2026, cash is 51% of total assets

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥19360728000 | ¥33924750000 | +75.2% |
| Operating income | ¥1866084000 | ¥4583690000 | +145.6% |
| Operating margin | 9.6% | 13.5% | +3.9 pp |
| Employees | 1,252 people | 1,682 people | +34.3% |
| Cash and equivalents | ¥8097700000 | ¥13138765000 | +62.3% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| 人材サービス → 人材サービス | 68.5% |
| リクルーティング → リクルーティング | 10.9% |
| リクルーティング → 事業再編・廃止 | 0.4% |
| 情報出版 → 事業再編・廃止 | 9.7% |
| IT・ネット関連 → 事業再編・廃止 | 6.6% |
| 海外 → 海外 | 3.9% |
| 新設・再編 → 人材サービス | 0.7% |
| 新設・再編 → 地域情報サービス | 9.0% |
| 新設・再編 → HRプラットフォーム | 3.3% |
| 新設・再編 → 海外 | 3.6% |

Segment revenue source references: 10 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Human resource business | 5 years | +12.1% | ¥23478473000 | 15.5% | 2 |
| Recruiting business | 5 years | +11.1% | ¥3708054000 | 30.9% | 2 |
| Local information service business | 2 years | +10.7% | ¥3054075000 | 16.1% | 2 |
| Overseas business | 5 years | +27.3% | ¥2557050000 | 6.6% | 2 |
| HR platform business | 3 years | -12.2% | ¥1127096000 | 42.2% | 2 |

## Income statement（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 33,925 | 100.0% | S100YF5Z |
| Cost of revenue | 11,337 | 33.4% | S100YF5Z |
| Gross profit | 22,588 | 66.6% | S100YF5Z |
| SG&A | 18,004 | 53.1% | S100YF5Z |
| Operating income | 4,584 | 13.5% | S100YF5Z |
| Ordinary income | 4,690 | 13.8% | S100YF5Z |
| Pretax income | 5,777 | 17.0% | S100YF5Z |
| Income tax | 1,618 | 4.8% | S100YF5Z |
| Net income | 4,159 | 12.3% | S100YF5Z |
| Net income attributable to owners | 4,159 | 12.3% | S100YF5Z |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 33 |
| SG&A | 53 |
| Operating income | 14 |
| (Ref.) Net income | 12 |

### Margin funnel

Gross margin 66.6% → Operating margin 13.5% → Net margin 12.3%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +4.4%; Core profit growth: +1.1%
Growth quality: revenue-led
Operating leverage (core profit growth ÷ revenue growth): 0.25×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 32,501 | 33,925 | 1,424 | +4.4% |
| Gross profit | 21,385 | 22,588 | 1,203 | +5.6% |
| Operating income | 4,533 | 4,584 | 50 | +1.1% |
| Net income attributable to owners | 3,584 | 4,159 | 575 | +16.1% |
| Operating cash flow | 4,159 | 2,727 | -1,431 | -34.4% |
| Free cash flow | 3,451 | 1,880 | -1,571 | -45.5% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 21,036 | 2,931 | 13.9% | 2,074 | 2,464 | 1,918 | S100LLRO |
| FY ending Mar 2021 | 19,361 | 1,866 | 9.6% | 1,463 | 1,843 | 1,365 | S100OCBZ |
| FY ending Mar 2022 | 23,591 | 3,346 | 14.2% | 2,248 | 3,844 | 3,345 | S100R2BE |
| FY ending Mar 2023 | 27,795 | 4,487 | 16.1% | 3,262 | 3,546 | 2,945 | S100TP5O |
| FY ending Mar 2024 | 29,487 | 4,965 | 16.8% | 3,506 | 2,974 | 2,222 | S100W073 |
| FY ending Mar 2025 | 32,501 | 4,533 | 13.9% | 3,584 | 4,159 | 3,451 | S100YF5Z |
| FY ending Mar 2026 | 33,925 | 4,584 | 13.5% | 4,159 | 2,727 | 1,880 | S100YF5Z |

## People and productivity（FY ending Mar 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥20.2M |
| Operating income per employee (consolidated) | ¥2.7M |
| Net income per employee (consolidated) | ¥2.5M |

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

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 1,292 | 1,357 | 1,472 | 1,602 | 1,682 |
| Average salary (parent company) | ¥5.8M | ¥6.5M | ¥6.9M | ¥6.3M | ¥6.5M |
| Average age (parent company) | 30.4 years | 30.6 years | 30.6 years | 30.5 years | 30.3 years |
| Average tenure (parent company) | 6.4 years | 6.7 years | 6.5 years | 6.6 years | 6.5 years |

Year over year: Employees (consolidated) +5.0% · Revenue (consolidated) +4.4%

## Segments（FY ending Mar 2026, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Human resource business | 23,478 | 69.2% | 3,640 | 15.5% |
| Recruiting business | 3,708 | 10.9% | 1,146 | 30.9% |
| Local information service business | 3,054 | 9.0% | 491 | 16.1% |
| HR platform business | 1,127 | 3.3% | 476 | 42.2% |
| Overseas business | 2,557 | 7.5% | 169 | 6.6% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share | Profit share | Difference (pt) | Margin |
| --- | ---: | ---: | ---: | ---: |
| Human resource business | 69.2% | 61.5% | -7.7 | 15.5% |
| Recruiting business | 10.9% | 19.3% | 8.4 | 30.9% |
| Local information service business | 9.0% | 8.3% | -0.7 | 16.1% |
| HR platform business | 3.3% | 8.0% | 4.7 | 42.2% |
| Overseas business | 7.5% | 2.9% | -4.7 | 6.6% |

Segment → industry: Local information service business → Internet Services & Apps / Overseas business → HR & Staffing / HR platform business → HR & Staffing / Recruiting business → HR & Staffing / Human resource business → HR & Staffing

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 2,727 | 8.0% | S100YF5Z |
| Capital expenditure | 847 | 2.5% | S100YF5Z |
| Free cash flow | 1,880 | 5.5% | 算出 |
| Investing cash flow | -2,708 | -8.0% | S100YF5Z |
| Financing cash flow | -1,905 | -5.6% | S100YF5Z |
| Dividends paid | 1,865 | 5.5% | S100YF5Z |
| Share buyback | 0 | 0.0% | S100YF5Z |
| Change in cash | -1,868 | -5.5% | S100YF5Z |
| Cash and equivalents | 13,139 | 38.7% | S100YF5Z |

## 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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 10,449 | 12,214 | 12,997 | 15,007 | 13,139 | S100TP5O, S100W073, S100YF5Z |
| Total assets | 18,003 | 20,179 | 22,043 | 25,131 | 25,946 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Net assets | 12,098 | 13,725 | 16,420 | 17,842 | 19,380 | S100TP5O, S100W073, S100YF5Z |
| Share capital | 351 | 351 | 351 | 351 | 351 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Trade receivables | 2,350 | 2,771 | 2,982 | 3,894 | 3,875 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Property, plant and equipment | 1,174 | 1,262 | 1,461 | 1,430 | 1,254 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Intangible assets excluding goodwill | 917 | 901 | 1,093 | 1,472 | 1,808 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Goodwill | 6 | 4 | 2 | 175 | 155 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Investment securities | 1,726 | 1,212 | 2,132 | 1,763 | 3,636 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Current assets | 13,206 | 15,590 | 16,416 | 19,406 | 17,683 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Current liabilities | 5,732 | 6,344 | 5,163 | 7,010 | 6,209 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Short-term borrowings | 141 | 121 | 122 | 120 | 80 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Total liabilities | 5,904 | 6,454 | 5,622 | 7,289 | 6,567 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Non-controlling interests | 1 | 1 | 4 | 3 | 4 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Equity attributable to owners of parent | 10,988 | 12,944 | 14,950 | 16,569 | 18,863 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Retained earnings | 10,261 | 12,503 | 14,513 | 16,132 | 18,425 | S100R2BE, S100TP5O, S100W073, S100YF5Z |
| Treasury stock | -16 | -344 | -344 | -267 | -266 | S100R2BE, S100TP5O, S100W073, S100YF5Z |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 51% | S100YF5Z |
| Receivables | 15% | S100YF5Z |
| Property, plant and equipment | 5% | S100YF5Z |
| Intangibles and goodwill | 7% | S100YF5Z |
| Investment securities | 14% | S100YF5Z |
| Other assets | 8% | S100YF5Z |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 25% | S100YF5Z |
| Equity | 75% | S100YF5Z |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 18,003 | 20,179 | 22,043 | 25,131 | 25,946 |
| Equity | 12,098 | 13,725 | 16,420 | 17,842 | 19,380 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 10,449 | 12,214 | 12,997 | 15,007 | 13,139 |

## 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) | 3.7% | S100YF5Z |
| Fixed assets ÷ total assets | 4.8% | S100YF5Z |
| Goodwill ÷ parent equity | 0.8% | S100YF5Z |

Goodwill over 4 years: 6 → 155 JPY; total investing cash flow: -4,658 JPY. This does not imply causation.

### 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) | 50.6% |
| Cash ÷ revenue | 38.7% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 59.5% |
| Cash vs. profit gap | -1,432 JPY mn (of net income -34.4%) |
| Shareholder returns / net income | 44.8% |
| Shareholder returns / FCF | 99.2% |
| Shareholder payments — dividends / net income | 44.8% |
| Shareholder payments — dividends / FCF | 99.2% |
| CapEx intensity (capex ÷ revenue) | 2.5% |
| Investing CF relative to operating CF | 99.3% |

## 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 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 9.5% | 1.31× | 12.5% | 1.64× | 20.5% | S100R2BE |
| 2023 | 11.7% | 1.46× | 17.1% | 1.60× | 27.3% | S100TP5O |
| 2024 | 11.9% | 1.40× | 16.6% | 1.51× | 25.1% | S100W073 |
| 2025 | 11.0% | 1.38× | 15.2% | 1.50× | 22.7% | S100YF5Z |
| 2026 | 12.3% | 1.33× | 16.3% | 1.44× | 23.5% | S100YF5Z |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 有限会社アトムプランニング | Major shareholder | 16.9% | 2026-03-31 |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 10.5% | 2026-03-31 |
| BBH FOR FIDELITY LOW-PRICED STOCK FUND （常任代理人 株式会社三菱UFJ銀行） | Major shareholder | 5.2% | 2026-03-31 |
| AVI JAPAN OPPORTUNITY TRUST PLC （常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 3.3% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 2.6% | 2026-03-31 |
| 和納 勉 | Major shareholder | 2.5% | 2026-03-31 |
| クイック従業員持株会 | Major shareholder | 2.3% | 2026-03-31 |
| 中島 宣明 | Major shareholder | 1.9% | 2026-03-31 |
| 林 城 | Major shareholder | 1.5% | 2026-03-31 |
| MURAKAMI TAKATERU （常任代理人 三田証券株式会社） | Major shareholder | 1.4% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第46期(2025/04/01－2026/03/31) | S100YF5Z | 2026-06-19 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YF5Z,, |
| 有価証券報告書－第45期(2024/04/01－2025/03/31) | S100W073 | 2025-06-19 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W073,, |
| 有価証券報告書－第44期(2023/04/01－2024/03/31) | S100TP5O | 2024-06-21 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TP5O,, |
| 有価証券報告書－第43期(2022/04/01－2023/03/31) | S100R2BE | 2023-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R2BE,, |
| 有価証券報告書－第42期(令和3年4月1日－令和4年3月31日) | S100OCBZ | 2022-06-22 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OCBZ,, |
| 有価証券報告書－第41期(令和2年4月1日－令和3年3月31日) | S100LLRO | 2021-06-22 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LLRO,, |

## 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).