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View All NewsJapan – Human Holdings H1 revenue increases by 5.4%
Human Holdings Co. Ltd. (2415:JP), a human resource and employment services provider in Japan, reported revenue today of JPY 44.94 billion (USD 322.1 million) for the six months ended 30 September 2022, an increase of 5.4% when compared to the previous year.
| (JPY millions) | H1 2022 | H1 2021 | Change | H1 2022 (USD millions) |
| Revenue | 44,942 | 42,644 | 5.4% | 322.1 |
| Gross Profit | 11,104 | 10,973 | 1.2% | 79.5 |
| Gross Margin | 24.7% | 25.7% | - | - |
| Operating Profit | 743 | 1,234 | -39.7% | 5.3 |
| Net Income | 560 | 808 | -30.7% | 4.0 |
The group said operating profit decreased due to lower profits in the human resources-related business and the nursing care business.
Human Holdings primarily engages in human resources business and education. The Human Resources segment provides staffing, placement, recruiting, and outsourcing services. The Education segment is engaged in continuing education and full-time education services. The company also engages in several other services such as nursing care, nail salons and sports and entertainment.
Looking ahead the group forecasted revenue of JPY 91.45 billion (USD 655.39 million) for the year ended 31 March 2023.
Human Holdings shares closed today at JPY 925.00 (USD 6.63), up 1.20% on the day and 11.18% above the 52 week low of JPY 832.00 (USD 5.96) set on 18 February 2022. The company has a market cap of JPY 10.04 billion (USD 71.95 million).