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Japan – Career Co full year revenue rises

13 November 2020

Career Co., Ltd, (6198:JP), a Japanese HR services firm, reported revenue for the full year ending 30 September 2020 of JPY 12.24 billion (USD 116.6 million), up 5.6% when compared to the same period last year.

(JPY millions) FY 2020 FY 2019 Change FY 2020 (USD millions)
Revenue 12,247 11,594 5.6% 116.6
Operating Profit 1 250 -99.2% 0.0
Net Income -39 157 - 0.3

Career Co is mainly engaged in the provision of senior human resources for an ageing society. The senior work business provides temporary staffing, recruitment of senior human resources for building maintenance, bed-making, office work, logistics, qualified personnel and other fields.

Looking ahead, the company forecasted revenue of JPY 13 billion (USD 123.84 million).

According to SIA’s Largest Staffing Firms in Japan report, Career Co was the 37th largest staffing firm in Japan based on revenue.

Shares in Career Co closed at JPY 350.00 (USD 3.33), down 4.11% on the day and 84.21% above the 52-week low of JPY 190.00 (USD 1.81) set on 17 March 2020. The company has a market cap of JPY 2.96 billion (USD 28.20 million).