Daily News

View All News

Japan – Career Bank reports revenue uptick of 5.2%

08 April 2021

Japanese staffing firm Career Bank (4834: JP) reported revenue on Tuesday for the nine months ended 28 February 2021 of JPY 4.59 billion (USD 42.0 million), an increase of 5.2% compared to last year.

(JPY millions) 9 months 2020 9 months 2019 Change 9 months 2018 (USD millions)
Revenue 4,599 4,372 5.2% 42.0
Gross Profit 961 972 -1.1% 8.7
Gross Margin 20.9% 22.2% - -
Operating Profit 131 120 8.8% 1.2
Net Income 76 38 100.0% 0.6

Career Bank offers temporary staffing services; recruitment; payroll; outplacement; and other services. The “Other” segment includes Career Bank’s language training business in China.

Looking ahead the company forecasted revenue of JPY 6.17 billion (USD 56.36 million) for the year ended May 2021.

Shares in Career Bank closed at JPY on Tuesday at JPY 980.00 (USD 8.95), up 6.75% on the day. The company has a market cap of JPY 931.43 million (USD 8.50 million).