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Japan – En Japan revenue down 25.7%, profits also fall

12 February 2021

Japan-based recruitment and job information provider En-Japan Inc (4849:TYO) reported revenue on Wednesday of JPY 31.11 billion (USD 296.2 million) for the first nine months 31 December 2020, a 25.7% decrease compared to last year.

(JPY millions) 9 months 2019 9 months 2019 Change 9 months 2019 (USD millions)
Revenue 31,116 41,904 -25.7% 296.2
Operating Profit 5,044 8,198 -38.5% 48.0
Net Income 2,948 5,483 -15.5% 28.0

En-Japan provides online recruitment solutions across Japan and in Asia. The company operates a number of job boards and career-related websites together with staffing services and executive search services.

According to SIA’s report Largest Staffing Firms in Japan report, En Japan was the 36th largest staffing firm in Japan based on revenue.

Looking ahead the company forecasted revenue of JPY 41.54 billion (USD 395.53 million) for the year ended 31 March 2021.

Shares in En Japan closed at JPY 3,340 (USD 31.80) on Wednesday, up 0.9% on the day. The company has a market cap of JPY 177.98 billion (USD 1.69 billion).