Career Co., Ltd, (6198:JP), a Japanese HR services firm, announced it revised full-year consolidated earnings forecast for the fiscal year ending 30 September 2021.

The group upgraded its revenue forecast to JPY 14.00 billion (USD 127.36 million), an increase from the previous forecasted JPY 13.7 billion (USD 124.63 million). Operating income was also upgraded to JPY 400 million (USD 3.63 million) from the previously announced JPY 250 million (USD 2.27 million) and net income was adjusted to JPY 130 million (USD 1.18 million) from the previously forecasted JPY 100 million (USD 0.9 million).

The company said that the revenue was upgraded due to the faster recovery of vaccine supply from the government than expected and the increase in orders related to occupational vaccination that exceeded expectations. In terms of sales, the senior care business is expected to exceed the initial forecast by about JPY 300 million (USD 2.73 million).

Profits are expected to exceeded expectations due to the increase in expected revenue.

Earlier this month, the group reported revenue for the nine months ending 30 June 2021 of JPY 9.43 billion (USD 85.7 million), up 10.9% when compared to the same period last year.