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Career Design Center H1 revenue rises 2.5%

30 April 2024

HR services provider Career Design Center Co. Ltd. (2410:TYO) today reported revenue increased by 2.5% in the six months ended 31 March 2024.

Gross profit increased by 3.9% while gross margin increased slightly from 54.4% to 55.1%.

(JPY millions) H1 2024 H1 2023 Change H1 2024
Revenue 8,746 8,534 2.5% 55.7
Gross profit 4,825 4,641 3.9% 30.7
Gross margin 55.1% 54.4% - -
Operating income 687 818 -16.1% 4.3
Net income 468 557 -15.9% 2.9

Within the media information business, revenue increased by 5.9% compared to the same period last year. At the same time, revenue in the recruitment business increased by 1.9%.

Sales in the new graduate media business was up by 9.3%. Revenue in the new graduate introduction business was down 9.4%.

Revenue in the IT staffing business was down 2.1% compared to the same period last year.

Looking ahead the company forecasted revenue of JPY 18.37 billion (USD 117.0 million) for the year ended 30 September 2024.

Career Design Center Co shares closed today at JPY 1,818.00 (USD 11.58), down 0.66% on the day and 23.09% above the 52 week low of JPY 1,477.00 (USD 9.41) set on 15 June 2023. The company has a market cap of JPY 12.91 billion (USD 82.2 million).