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View All NewsJapan – Careerlink full year revenue and profits soar
Japanese staffing company Careerlink (6070: JP) reported revenue today for the full year ended 28 February 2021 of JPY 30.27 billion (USD 277.8 million), an increase of 43.5% compared to the same period the year prior.
| (JPY millions) | FY 2020 | FY 2019 | Change | FY 2020 (USD millions) |
| Revenue | 30,276 | 21,103 | 43.5% | 277.8 |
| Gross Profit | 6,514 | 3,983 | 63.5% | 59.7 |
| Gross Margin | 21.5% | 18.8% | - | |
| Operating Profit | 2,729 | 692 | 294.3% | 25.0 |
| Net Income | 2,053 | 526 | 289.9% | 18.8 |
Careerlink offers temporary and contract services but reports revenue according to four segments; BPO, customer relationship management (CRM), general office staffing services and technology manufacturing business.
The group said it received more orders than expected for new large-scale BPO projects during the period.
The company forecasted revenue of JPY 39.00 billion (USD 357.92 million) for the year ended February 2022.
Shares in Careerlink closed at JPY 2,448.00 (USD 22.47), down 3.51% on the day and 29.55% below its 52-week high of JPY 3,475.00 (USD 31.89), set on 17 February 2021. The company has a market cap of JPY 31.89 billion (USD 292.66 million).