Daily News
View All NewsEn Japan H1 revenue up 2.1%
Japan-based recruitment and job information provider En-Japan Inc (4849:TYO) reported revenue today of JPY 33.08 billion (USD 218.8 million) for the first six months ended 30 September 2023, a 2.1% increase compared to last year.
| (JPY millions) | H1 2023 | H1 2022 | Change | H1 2023 (USD millions) |
| Revenue | 33,079 | 32,404 | 2.1% | 218.8 |
| Gross Profit | 26,130 | 24,491 | 6.7% | 172.8 |
| Gross Margin | 78.9% | 75.6% | - | - |
| Operating Profit | 1,081 | 2,700 | -60.0% | 7.1 |
| Net Income | 775 | 1,865 | -58.5% | 5.1 |
En-Japan provides online recruitment solutions across Japan and in Asia. The company operates a number of job boards and career-related websites together with staffing services and executive search services.
The company also announced separately that it has transferred its ‘Pasture business’, a freelance management tool, to Free Co., Ltd., a Tokyo headquartered firm focusing on small businesses. “We believe that passing it on to Free Company will contribute to the further development and growth of the "pasture" business in the future,” the group stated.
Looking ahead the company forecasted revenue of JPY 73.0 billion (USD 482.9 million) for the year ended 31 March 2024.
En Japan shares closed at JPY 2,381.00 (USD 15.75), up 2.72% on the day and 14.58% above the 52-week low of JPY 2,078.00 (USD 13.75) set on 26 October 2023. The company has a market cap of JPY 115.24 billion (USD 762.41 million).