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Japan – Career Co ltd revenue up slightly in nine-month period

13 August 2021

Career Co., Ltd, (6198:JP), a Japanese HR services firm, reported revenue for the nine months ending 30 June 2021 of JPY 9.43 billion (USD 85.5 million), up 10.9% when compared to the same period last year.

(JPY millions) 9 months 2021 9 months 2020 Change 9 months 2021 (USD millions)
Revenue 9,431 9,246 2.0% 85.5
Gross Profit 1,987 1,920 3.5% 18.0
Gross Margin 21.0% 20.7%    
Operating Profit 46 -18 - -0.4
Net Income -10 -72 - -0.1

The group 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, office work, logistics, qualified personnel and other fields.

Looking ahead the company forecasts revenue of JPY 13.70 billion (USD 124.2) for the year ended 30 September 2021.

Shares in Career Co closed at JPY 488.00 (USD 4.42), up 4.95% on the day. The company has a market cap of JPY 4.21 billion (USD 38.1 million).