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View All NewsJapan – Strong international growth from acquisitions boosts en japan’s results
Japanese staffing firm en japan (4849: JP) reported revenue of JPY 19.6 billion (USD 162.2 million) for the financial year ending 31 March 2015, an increase of 17.1% compared with JPY 16.8 million (USD 138.5 million) the previous year.
2014 | 2013 | Change | |
Revenue | JPY 19,623 million | JPY 16,755 million | +17.1% |
USD 162.2 million | USD 138.5 million | ||
Gross Profit | JPY 17,693 million | JPY 14,834 million | +19.3% |
USD 146.3 million | USD 122.6 million | ||
Net Income | JPY 2,531 million | JPY 2,789 million | -9.2% |
USD 20.9 million | USD 23.1 million |
The company reports revenue under two primary business segments: Recruitment Solutions and Education & Evaluation. Revenue during the financial year 2014 was broken down as follows:
2014 | 2013 | Change | |
Recruitment | JPY 18,942 million | JPY 16,153 million | +17.1% |
USD 156.6 million | USD 133.5 million | ||
Education & Evaluation | JPY 704 million | JPY 602 million | +16.9% |
USD 5.8 million | USD 5.0 million |
In addition to the company’s Japanese businesses; through its subsidiaries en japan also operates in Singapore, China, Hong Kong, Australia, Korea, Thailand, Vietnam, and India. A geographical breakdown of revenue during the year was as follows:
2014 | 2013 | Change | |
Japan | JPY 17,782 million | JPY 15,917 million | +11.7% |
USD 147.0 million | USD 131.6 million | ||
Asia Pacific | JPY 1,842 million | JPY 838 million | +119.8% |
USD 15.2 million | USD 6.9 million |
The company’s strong international revenue growth stems from acquisitions. In November 2013, the company acquired Thailand-based The Capstone Group Recruitment and Consulting and in June 2014 it bought New Era India Consultancy.