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View All NewsGakujo full year revenue rises 29.7% as profits climb
Gakujo Co. Ltd. (2301:TYO), an Osaka, Japan-based firm focused on matching students and younger workers to jobs, reported today sales rose 29.7% in its fiscal full year ended 31 October 2023.
| (JPY millions) | FY 2023 | FY 2022 | Change | FY 2023 (USD million) |
| Revenue | 8,784 | 6,773 | 29.7% | 60.3 |
| Gross Profit | 5,867 | 4,506 | 30.2% | 40.2 |
| Gross Margin | 66.8% | 66.5% | - | - |
| Operating Profit | 2,310 | 1,621 | 42.5% | 15.8 |
| Net Income | 1,753 | 1,396 | 25.5% | 12.0 |
Gakujo provides human resources and recruitment services in Japan. It involves college campus recruiting, mid-career, and business recruitment activities. The company also provides staffing services for small and medium-sized venture companies.
Looking ahead the company forecasted revenue of JPY 10.00 billion (USD 68.6 million) for the year ended 31 October 2024.
Gakujo Co Ltd shares closed at JPY 1,753.00 (USD 12.04), down 1.85% on the day and 17.19% below its 52-week high of JPY 2,117.00 (USD 14.54), set on 26 September 2023. The company has a market cap of JPY 27.79 billion (USD 190.83 million).