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View All NewsJapan – Revenue and gross profit up over a third at Dip Corp.
Japanese staffing firm and job board Dip Corp. (2379: JP) reported revenue for the six months ending 31 August 2015 of JPY 12.4 billion (USD 103.2 million), an increase of 36.7% compared with JPY 9 billion (USD 75.5 million) during the same period last year.
H1 2015 | H1 2014 | Change | |
Revenue | JPY 12,372 million | JPY 9,049 million | +36.7% |
USD 103.2 million | USD 75.5 million | ||
Gross Profit | JPY 11,335 million | JPY 8,205 million | +38.1% |
USD 94.5 million | USD 68.4 million | ||
Net Income | JPY 1,825 million | JPY 953 million | +91.3% |
USD 15.2 million | USD 7.9 million |
The company operates Baitoru.com, a website for part-time jobseekers and Hatarako.com, for nurses and temporary workers. It also operates Jobengine.jp, which offers recruitment information for people looking to change career.
The company divides its business operations into two reporting segment; Agency, which includes the company’s nurse staffing business; and Media, which includes revenue from jobs advertised on the company’s job boards.
Revenue from the company’s business segments were broken down as follows:
H1 2015 | H1 2014 | Change | |
Agency | JPY 1,462 million | JPY 1,334 million | +9.6% |
USD 12.2 million | USD 11.1 million | ||
Media | JPY 10,911 million | JPY 7,715 million | +41.4% |
USD 91.0 million | USD 64.3 million |
In trading today, the company’s share price closed up 0.8% at JPY 2,271 (USD 18.94), an increase of 155.4% compared with a year ago. Based on its current share price, the company has a market value of JPY 140.7 billion (USD 1.17 billion).