Daily News
View All NewsJapan – Human Holdings full year revenue rises 6.1%
Human Holdings Co. Ltd. (2415:JP), a human resource and employment services provider in Japan, reported revenue yesterday of JPY 91.57 billion (USD 674.0 million) for the full year ended 31 March 2023, an increase of 6.1% when compared to the previous year.
| (JPY millions) | FY 2022 | FY 2021 | Change | FY 2022 (USD millions) |
| Revenue | 91,574 | 86,292 | 6.1% | 674.0 |
| Gross Profit | 22,778 | 21,801 | 4.5% | 167.6 |
| Gross Margin | 24.8% | 25.2% | - | - |
| Operating Profit | 2,253 | 2,474 | -8.9% | 16.6 |
| Net Income | 1,452 | 1,646 | -11.8% | 10.7 |
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.
The Human Resources business saw revenue increase by 5.8%. Revenue in the education business increased by 8.2%. Revenue in the Others business increased by 11.2% while revenue in the nursing care business ticked up by 2.2.%
Looking ahead the company forecasted revenue of JPY 97.05 billion (USD 0.71) for the year ended 31 March 2024.
Human Holdings shares closed on Monday at JPY 981.00 (USD 7.22), up 3.04% on the day. The company has a market cap of JPY 10.93 billion (USD 80.4 million).