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Japan – Crie Anabuki revenue down as profits tumble

09 February 2022

Japanese HR services provider Crie Anabuki (4336: JP) reported revenue today for the nine months ended 31 December 2021 of JPY 4.56 billion (USD 39.5 million), a decrease of 3.5% compared to the same period last year.

(JPY millions) 9 months 2021 9 months 2020 Change 9 months 2021 (USD millions)
Revenue 4,566 4,731 -3.5% 39.5
Gross Profit 955 975 -2.1% 8.2
Gross Margin 20.9% 20.6% - -
Operating Profit 83 157 -47.1% 0.7
Net Income 63 115 -44.8% 0.5

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 6.29 billion (USD 54.51 million) for the year ended March 2021.

Shares in Crie Anabuki closed today at JPY 915.00 (USD 7.93), up 0.77% on the day and 12.27% below its 52-week high of JPY 1,043.00 (USD 9.04), set on 31 January 2022. The company has a market cap of JPY 2.12 billion (USD 18.3 million).