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Japan – Crie Anabuki H1 revenue slips 2.0% as profits tumble

11 November 2021

Crie Anabuki Inc. (4336:TYO), a provider of outsourcing and staffing, reported revenue fell 2.0% year over year for the first six months ended 30 September 2021.

(JPY millions) H1 2021 H1 2020 Change H1 2021 (USD millions)
Revenue 3,076 3,139 -2.0% 27.0
Gross Profit 640 660 -3.1% 5.6
Gross Margin 20.8% 21.0%  -
Operating Profit 45 116 -61.0% 0.4
Net Income 42 80 -47.4% 0.3

Based in Takamatsu, Japan, the company provides temporary staffing, outsourcing, outplacement, training and assessment, HR consulting and more.

Looking ahead the company forecasted revenue of JPY 6.29 billion (USD 55.21 million) for the year ended March 2022.

Shares in Crie Anabuki closed at JPY 627.00 (USD 5.50), down 0.79% on the day and 23.18% above the 52 week low of JPY 509.00 (USD 4.47) set on 17 November 2020. The company has a market cap of JPY 1.48 billion (USD 12.9 million).