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Japan – Human Holdings full year revenue down slightly

14 May 2021

Human Holdings Co. Ltd. (2415:JP), a provider of human resource and employment services in Japan, reported revenue today of JPY 85.81 billion (USD 784.7 million) for the full year ended 31 March 2021, a slight decrease of 0.2% when compared to the previous year.

(JPY millions) FY 2020 FY 2019 Change FY 2019 (USD millions)
Revenue 85,811 85,989 -0.2% 784.7
Gross Profit 22,860 23,460 -2.5% 209.0
Gross Margin 26.6% 27.2% - -
Operating Profit 2,702 2,002 35.0% 24.7
Net Income 1,439 848 69.7% 13.1

Human Holdings primarily engages in human resources business and education. The Human Resources segment provides staffing, placement and 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 company forecasted revenue of JPY 88.16 billion (USD 806.2 million) for the full year ended March 2022.

Shares in Human Holdings closed at JPY 931.00 (USD 8.51), down 0.21% on the day and 10.22% below its 52-week high of JPY 1,037.00 (USD 9.48), set on 15 February 2021. The company has a market cap of JPY 10.25 billion (USD 93.73 million).