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Japan – Matching Service full year revenue and profits hit by impact of pandemic

12 May 2021

Recruitment firm Matching Service Japan (6539:TYO)  reported annual revenue for the year ended 31 March 2021 today of JPY 3.37 billion (USD 30.9 million), a decrease of 17.8% compared to the previous year.

The group said the pandemic continued to have a negative impact on its recruitment business....


Japan – Will Group full year revenue and profits down slightly

12 May 2021

Japanese HR firm Will Group (6089:TYO), which focuses on temporary staffing, business contracting and recruitment, reported revenue of JPY 118.2 billion (USD 1.08 billion) for the year ended 31 March 2021, a decrease of 3.0% when compared to the same period last year.

(JPY millions) FY 2020 ...


Japan – JTec Corp full year revenue and profits fall

11 May 2021

Japanese staffing company JTec Corp. (2479: JP) reported revenue today for the full year ended 31 March 2021 of JPY 2.77 billion (USD 25.4 million), a decrease of 8.7% compared with last year.

(JPY millions) FY 2020 FY 2019 Change FY 2020 (USD millions)
Revenue 2,771 3,034 ...


Japan – Human Holdings upgrades full year results forecast due to temp staffing growth

11 May 2021

Human Holdings Co. Ltd. (2415:JP), a provider of human resource and employment services in Japan, announced it has revised its forecast for the full year period ended 31 March 2021.

The company is upgrading its forecasted revenue to JPY 85.81 billion (USD 789.13 million) from the previously forecasted...


Australia – Hiremii slumps on ASX debut

11 May 2021

Hiremii, an Australia-based staffing platform for temporary and permanent hiring, saw shares drop in value by nearly 30% today following an overall slump in tech stocks on the Australian Securities Exchange, reports Business News Australia. Hiremii was admitted to the ASX following the completion...


Malaysia – Jobless rate edges up to 4.7% in March

11 May 2021

Malaysia’s unemployment rate edged up year-on-year by 0.8% to a rate of 4.7% in March 2021, according to data from the Department of Statistics Malaysia.

When compared to the previous month, the unemployment rate fell slightly by 0.1%.

Overall, the number of unemployed persons stood at 753,200 in...


Japan – Tsukui Staff full year revenue slips 7.3% as profits weaken

10 May 2021

Tsukui Staff Corporation (7045:TYO), a Japan-based provider of recruitment, temporary employment, education training and other services reported revenue today of JPY 7.65 billion (USD 70.4 million) for the full year ended 31 March 2021. This is a decrease of 7.3% compared to the same period a year ago....


Singapore – Advancer Global to acquire property management firm HBA Group

10 May 2021

Advancer Global (43Q:SES), an integrated services provider offering workforce solutions and services in Singapore, announced that it will acquire Singapore-based HBA Group Property Consultants through its subsidiary SRE Global.

Following the completion of the acquisition, HBA will become a wholly-owned...


Malaysia – Online hiring down slightly in March 2021 as recruitment activity continues recovery

10 May 2021

Online recruitment in Malaysia fell by 2% in March 2021 when compared to March 2020, according to data from the Monster Employment Index.

The Monster Employment Index (MEI) decreased to 62 in March 2021 from 63 in March 2020.

Month-on-month, there’s a jump in the index as job demand saw growth of 27%...


India – Companies deferring job interviews and final offers due to pandemic (Economic Times)

10 May 2021

While many companies across sectors in India had started going slow on their hiring plans over the last month by deferring interviews, job seekers are now faced with an indefinite delay in the issuing of offer letters as several companies have put the process on hold even after the final selection of...