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View All NewsJapan – Careerlink full-year revenue up 42% as profits report improvement
Japanese staffing company Careerlink (6070: JP) reported revenue today for the full year ended 31 March 2022 of JPY 43.10 billion (USD 333.1 million), an increase of 42.3% compared to the same period the year prior.
| (JPY millions) | FY 2021 | FY 2020 | Change | FY 2020 (USD millions) |
| Revenue | 43,100 | 30,276 | 42.3% | 333.1 |
| Gross Profit | 6,514 | 6,514 | 63.5% | 50.3 |
| Gross Margin | 21.5% | 21.5% | - | |
| Operating Profit | 4,423 | 2,729 | 62.0% | 34.2 |
| Net Income | 3,114 | 2,053 | 51.7% | 24.0 |
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 sales were ‘strong’ in the BPO-related business divisions, CRM-related business divisions, and general office work divisions.
Looking ahead, the company forecasted revenue of JPY 50.02 billion (USD 386.74 million) for the year ended 31 March 2023.
Shares in Careerlink closed on Friday at JPY 1,470 (USD 11.37), up 6.1% on the day. The company has a market cap of JPY 22.27 billion (USD 172.2 million).