Japan-based staffing firm Fullcast Holdings (4848: JP) reported revenue on Friday of JPY 68.97 billion (USD 462.4 million) for the full year ending 31 December 2023, a 6.7% increase compared to last year.

Fullcast provides short-term human resources placement, payroll service outsourcing and long-term human resources dispatching. In the short-term operational support business, the company supports the following sectors: distribution, warehouse work, relocation, manufacturing, catering, sales promotion, call centres, and offices.

In June 2023, Fullcast Holdings announced it acquired Globeat Co., Ltd., a restaurant chain. Later that year in October, Fullcast Holdings announced the acquisition of AppX Inc. in Japan. It also acquired the shares of BPC Co., Ltd., making it a consolidated subsidiary.

In the short-term support business revenue was down 0.7% over the year. In the sales support business revenue was up 7.9%. Revenue in the security and other businesses segment grew by 1.9%.

Looking ahead the company forecasted revenue of JPY 70.50 billion (USD 472.60 million) for the year ended 31 December 2024.

Fullcast Holdings shares closed on Friday at JPY 1,765.00 (USD 11.83), down 0.84% on the day and 8.88% above its 52-week low of JPY 1,621.00 (USD 10.87), set on 24 October 2023. The company has a market cap of JPY 67.10 billion (USD 449.81 million).