Japan – World Holdings revenue and profits hit by the pandemic

Japanese outsourcing services company World Holdings (2429: JP) reported revenue for the nine months ended 30 September 2020 of JPY 98.68 billion (USD 952.8 million), a decrease of 3.2% compared to the previous year. 

Japan – Will Group H1 revenue down, but profits up

Japanese HR firm Will Group (6089:TYO), which focuses on temporary staffing, business contracting and recruitment, reported revenue of JPY 58.17 billion (USD 561.8 million) for the six months ended 30 September 2020, a decrease of 4.2% when compared to the same period last year.

Japan – Human Holdings upgrades H1 revenue and profits forecast

Human Holdings Co. Ltd. (2415:JP), a provider of human resource and employment services in Japan upgraded its revenue and profits forecast for the first six months to 30 September 2020.

The revenue forecast was revised to JPY 42.00 billion (USD 405.0 million), up from the previously announced JPY 41.78...

India – Staffing firm Quess Corp sees gradual uptick in demand for blue and grey collar jobs (Telegraph India)

India staffing firm Quess Corp sees a gradual uptick in demand for blue and grey collar jobs in India after the Covid-19 pandemic pushed up the unemployment rates in April and May, reports Telegraph India. The staffing firm estimates an annual potential of 60-65 million transactions in these segments...

Japan – Fullcast Holdings revenue down 2.5%, profits also slip

Japan-based staffing firm Fullcast Holdings (4848: JP) reported revenue today of JPY 31.91 billion (USD 309.0 million) for the nine months ending 30 September 2020, a 2.5% decrease compared to last year.

Japan – WDB Holdings H1 revenue up 0.7%, profits show uptick

WDB Holdings Co. Ltd (2475:TYO), a holding company that includes staffing firms, reported revenue rose 0.7% in the first six months ended 30 September 2020 to JPY 21.59 billion (USD 209.1 million).

Japan – Nisso Corporation H1 revenue down 10.4% as profits tumble

Nisso Corporation (6569: TYO), a Japanese human resources firm providing staffing services, reported revenue today of JPY 32.97 billion (USD 319.2 million) for the first six months ended 30 September 2020, a fall of 10.4% compared to the same period last year.

Japan – Interworks H1 revenue plunges 55% as losses deepen

Interworks (6032:TYO), a Japan-based recruitment company reported revenue today for the first six months ended 30 September 2020 of JPY 726 million (USD million), a decrease of 55.6% when compared to the previous year.

Japan – Outsourcing to acquire Cpl Resources in €318 million deal, Q3 revenue rises slightly for the Japanese firm

Outsourcing Inc. (2427:TYO), the third-largest staffing firm in Japan, announced that it has agreed to acquire Irish recruitment firm Cpl Resources.

The value of the acquisition is approximately €318 million.

The acquisition has been approved by the company’s board of directors but is still subject...

Hong Kong – Recruitment agency Kos International issues profit warning

Recruitment firm Kos International (8042: HKG), based in Hong Kong, announced that it is expected to record a net loss for the nine months ended 30 September 2020 of approximately HKD 2.5 million (USD 0.3 million).

At the same time, revenue for the nine months ended 30 September 2020 decreased by approximately...