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Japan – Media Five reports full year revenue growth

28 July 2014

Recruitment firm Media Five Co (3824: JP) reported revenue for the full year ending 31 May 2014 of JPY 1,048 billion (USD 10.3 million), an increase of +9% compared with JPY 961 million (USD 9.4 million) the previous year.

Gross profit for the year increased by +14% to JPY 384 million (USD 3.8 million), up from JPY 336.8 million (USD 3.3 million) in 2013. Operating income for the period rose by +21.1% to JPY 25 million (USD 245,447), up from JPY 21 million (USD 206,175) last year. Net income for the period fell by -6.4% to JPY 16 million (USD 157,086), down from JPY 17 million (USD 166,904) for the year ending 31 May 2013.

Media Five Co is an employment agency for engineers in the IT industry. The company also develops software.

In trading today, the company’s share price closed down by -7% at JPY 321 (USD 3.15), an increase of +6.6% compared with a year ago. Based on its current share price, the company has a market value of JPY 286.9 million (USD 2.8 million).