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Japan – En Japan Q1 revenue and profits climb

16 August 2021

Japan-based recruitment and job information provider En Japan Inc (4849:TYO) reported revenue today of JPY 12.06 billion (USD 110.3 million) for the first quarter ended 30 June 2021, up 15.5% compared to last year.

(JPY millions) Q1 2021 Q1 2020 Change Q1 2021 (USD millions)
Revenue 12,060 10,442 15.5% 110.3
Gross Profit 9,681 8,094 19.6% 88.5
Gross Margin 80.2% 77.5% -  
Operating Profit 2,310 1,248 85.1% 21.1
Net Income 1,515 618 145.1% 13.8

The company is mainly engaged in the provision of human resources services including the provision of job hunting and job information services.

Looking ahead the company expects revenue of JPY 51.00 billion (USD 466.5 million) for the year ended March 2022.

Shares in En Japan closed at JPY 3,825.00 (USD 34.99), up 0.39% on the day and 6.71% below its 52-week high of JPY 4,100.00 (USD 37.50), set on 26 May 2021. The company has a market cap of JPY 189.42 billion (USD 1.73 billion).