Daily News
View All NewsJapan – Gakujo reports sales up 8.9% in fiscal year
13 December 2022
Gakujo Co. Ltd. (2301:TYO), an Osaka, Japan-based firm focused on matching students and younger workers to jobs, reported sales rose 8.9% in its fiscal year ended 31 October.
Total sales for the year was JPY 6.77 billion (USD 45.9 million).
(JPY thousands) | FY ended 31 Oct. 2022 | FY ended 31 Oct. 2021 | % change | FY ended 31 Oct. 2022 (USD thousands) |
Sales | 6,773,423 | 6,222,074 | 8.9% | 45,924 |
Gross profit | 4,506,272 | 4,194,963 | 7.4% | 30,553 |
Gross margin | 66.5% | 67.4% | ||
Net income | 1,396,847 | 1,383,345 | 1.0% | 9,471 |
Gakujo forecasts revenue to increase 18.1% in the present fiscal year ending 31 October 2023.
Share price and market cap
Shares in Gakujo closed down 2.24% to JPY 1,441 (USD 10.55) in Tokyo on Monday; they were 7.21% below their 52-week high, according to FT.com. The company had a market cap of JPY 22.94 billion (USD 167.9 million).