Daily News

View All News

Japan – Revenue and gross profit up over a third at Dip Corp.

09 October 2015

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).