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Japan – Hirayama Holdings revenue down 4.4%

17 May 2021

Japan-based Hirayama Holdings (7781:JP), a company mainly engaged in outsourcing and technology staffing, reported revenue today for the nine months ended 31 March 2021 of JPY 16.69 billion (USD 152.8 million), a decrease of 4.4% compared to the previous year.

(JPY millions) 9 months 2019 9 months 2019 Change 9 months 2019 (USD millions)
Revenue 16,697 17,472 -4.4% 152.8
Gross Profit 2,928 2,938 -0.3% 26.8
Gross Margin 17.5% 16.8%    
Operating Income 367 381 -3.4% 3.3
Net Income 305 145 109.4% 2.8

The company is mainly engaged in outsourcing and technology staffing.

Shares in Hirayama Holdings Co closed at JPY 1,273.00 (USD 11.66), up 8.71% on the day and 12.99% below its 52-week high of JPY 1,463.00 (USD 13.40), set on 12 August 2020. The company has a market cap of JPY 4.23 billion (USD 38.73 million).