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View All NewsJapan – JAC Recruitment’s revenue up by a third in 2014
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).