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Japan – Crie Anabuki revenue dips 2.1% but profits show improvement

09 February 2021

Japanese HR services provider Crie Anabuki (4336: JP) reported revenue today for the nine months ended 31 December 2020 of JPY 4.73 billion (USD 45.2million), a decrease of 2.1% compared to the same period last year.

(JPY millions) 9 months 2019 9 months 2019 Change 9 months 2020 (USD millions)
Revenue 4,731 4,833 -2.1% 45.2
Operating Profit 157 141 11.6% 1.5
Net Income 115 97 19.0% 1.1

Crie Anabuki is mainly engaged in the human resource service-related business. The Human Resource Dispatching segment is involved in the provision of temporary staffing services, with the Outsourcing segment providing staff placement. Human Resource Introduction provides fee-charging employment services and temp-to-perm services. The Re-employment services segment provides support to retired persons and employment adjustment consulting services for companies.

Looking ahead the company forecasted revenue of JPY 6.30 billion (USD 60.20 million) for the year ended March 2021.

Shares in Crie Anabuki Inc closed today at JPY 552.00 (USD 5.27), down 2.65% on the day and 66.77% above the 52 week low of JPY 331.00 (USD 3.16) set on 23 March 2020. The company has a market cap of JPY 1.33 billion (USD 12.70 million).