Japan – Will Group revenue falls slightly by 4%

Japanese HR firm Will Group (6089:TYO), which focuses on temporary staffing, business contracting and recruitment, reported revenue today of JPY 88.14 billion (USD 775.0 million) for the nine months ended 31 December 2020, a fall of 4.0% when compared to the same period last year.

Japan – Crie Anabuki revenue dips 2.1% but profits show improvement

Japanese HR services provider Crie Anabuki (4336: JP) reported revenue today for the nine months ended 31 December 2020 of JPY 4.73 billion (USD 45.2million), a decrease of 2.1% compared to the same period last year.

Australia – Quintet Partners and Quintet Yorkway acquire majority stake in Talent

Australia-based technology recruitment firm Talent International announced that Sydney-based investment management firms Quintet Partners and Quintet Yorkway have increased their combined shareholding in Talent by acquiring a majority stake in the company.  

The transaction will see Quintet...

Singapore – Online recruitment recovers in December with 3% improvement

Online recruitment in Singapore grew by 3% in December 2020 when compared to December 2019, according to data from the Monster Employment Index.

On a month-on-month basis, the Index recorded a decline of 1%. Monster said the trend of the last few months shows that hiring is rising among companies.

Online...

Japan – World Holdings full year revenue rises as profits surge upwards

Japanese outsourcing services company World Holdings (2429: JP) reported revenue today for the full year ended 31 December 2020 of JPY 143.5 billion (USD 1.35 billion), an increase of 5.3% compared to the previous year. 

Japan – Nisso Corp revenue and profits slip

Nisso Corporation (6569: TYO), a Japanese human resources firm providing staffing services, reported revenue today of JPY 50.44 billion (USD 477.6 million) for the first nine months ended 31 December 2020, a fall of 9.5% compared to the same period last year.

Malaysia – Unemployment rate rises in December as pandemic continues to hit labour market

The unemployment rate in Malaysia stood at 4.8% in December 2020, an increase of 1.6% when compared to the same period last year, according to data from Statistics Malaysia. When compared to November 2020, the unemployment rate was unchanged.

The number of unemployed persons totalled 772,900 persons in...

Asia Pacific – Over half of Japanese firms in Vietnam and India plan to boost operations (The Japan Times)

More than half of Japanese businesses in Vietnam and India have plans to expand their in-country operations, reports The Japan Times, citing survey data from Pasona Group. The online survey conducted on December 2020, showed 57% of Japanese companies in Vietnam and 55% in India said they will expand...

Japan – WDB Holdings revenue up slightly, profits show improvement

WDB Holdings Co. Ltd (2475:TYO), a Japanese holding company that includes staffing firms, reported revenue today rose 1.4% in the nine months ended 31 December 2020.

Japan – Interworks revenue plummets 51% as losses widen

Interworks (6032:TYO), a Japan-based recruitment company reported revenue today for the first nine months ended 31 December 2020 of JPY 1.14 billion (USD 10.8 million), a decrease of 51.2% when compared to the previous year.