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Japan – JAC Recruitment’s revenue up by a third in 2014

30 January 2015

Japanese staffing firm JAC Recruitment (2124: JP) reported revenue during the full year ending 31 December 2014 of JPY 9.3 billion (USD 78.7 million), an increase of 29.3% compared with JPY 7.2 billion (USD 90.9 million) during 2013.

  FY 2014 FY 2013 Change
Revenue JPY 9.3 billion JPY 7.2 billion +29.3%
USD 78.7 million USD 60.9 million
Operating Profit JPY 2.7 billion JPY 2 billion +31.9%
USD 22.6 million USD 17.1 million
Net Profit JPY 1.6 billion JPY 1.2 billion +32.8%
USD 13.4 million USD 10.1 million

JAC Recruitment reported a breakdown by revenue of each segment:

Revenue FY 2014 (JPY (m)) FY 2014 (USD (m)) Change
Electrical, Machinery, Chemical 3,132 26.6 +27.8%
Consumer Goods & Services 2,199 18.6 +19.0%
Medical & Healthcare 1,840 15.6 +42.5%
IT & Communications 869 7.4 +2.3%
Finance 861 7.3 -26.7%
Other 31 0.3 -45.6%
Job Advertisement 344 2.9 +24.5%
Total 9,279 78.7 +29.3%

JAC Recruitment provides recruitment services to local enterprises and multinationals in Japan, the United Kingdom, and rest of Asia. Revenue from JAC Recruitment International remained relatively static, year-on-year, rising by 0.6% to JPY 344 million (USD 2.9 million).  

The company conducts recruitment of skilled permanent employees ranging from assistant level personnel to executives and various specialists. It also offers Japanese speaking and multilingual specialists, as well as online job listing services.

In trading today, the company’s share price closed up 10.5% at JPY 736 (USD 6.24), an increase of 34.7% compared with last year. Based on its current share price, the company has a market value of JPY 30.4 billion (USD 257.8 million).