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View All NewsJapan – Fullcast Holdings full year revenue and profits fall
Japan-based staffing firm Fullcast Holdings (4848: JP) reported revenue on Friday of JPY 43.22 billion (USD 410.3 million) for the full year ending 31 December 2020, a 2.8% decrease compared to last year.
| (JPY millions) | FY 2020 | FY 2019 | Change | FY 2020 (USD millions) |
| Revenue | 43,226 | 44,479 | -2.8% | 410.3 |
| Operating Profit | 6,131 | 7,224 | -15.1% | 58.2 |
| Net Income | 4,113 | 4,644 | -11.4% | 39.0 |
Fullcast provides short-term human resources placement, payroll service outsourcing and long-term human resources dispatching. In the short-term operational support business, the company supports the following sectors: distribution, warehouse work, relocation, manufacturing, catering, sales promotion, call centres, and offices.
Looking ahead the company forecasted revenue of JPY 45.40 billion (USD 430.95 million) for the year ended December 2020.
Shares in Fullcast closed on Friday at JPY 1,878 (USD 17.83), up 2.5% on the day. The company has a market cap of JPY 73.77 billion (USD 700.25 million).