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View All NewsJapan – Hirayama full year revenue up 0.3% as profits rise
16 August 2021
Japan-based Hirayama Holdings (7781:JP), a company mainly engaged in outsourcing and technology staffing, reported revenue today for the full year ended 30 June 2021 of JPY 23.0 billion (USD 210.7 million), an increase of 0.3% compared to the previous year.
| (JPY millions) | FY 2021 | FY 2020 | Change | FY 2021 (USD millions) |
| Revenue | 23,043 | 22,970 | 0.3% | 210.7 |
| Gross Profit | 4,010 | 3,758 | 6.7% | 36.6 |
| Gross Margin | 17.4% | 16.3% | ||
| Operating Income | 532 | 380 | 39.9% | 4.8 |
| Net Income | 413 | 293 | 40.7% | 3.7 |
The company is mainly engaged in outsourcing and technology staffing.
The group said revenue was in line with company expectations.
Looking ahead the company forecasted revenue of JPY 26.00 billion (USD 237.77 million) for the year ended 30 June 2022.
Shares in Hirayama Holdings closed at JPY 1,473.00 (USD 13.47), up 5.14% on the day and 10.78% below its 52-week high of 1,651.00 (USD 15.10), set on 18 June 2021. The company has a market cap of JPY 5.06 billion (USD 46.2 million).